Notes Payable and Unsecured Credit Facilities (Tables)

6 Months Ended

Jun. 30, 2015

Debt Disclosure [Abstract]

Schedule of long-term debt

The Company’s debt outstanding consists of the following:

(in thousands)	June 30, 2015		December 31, 2014
Notes payable:
Fixed rate mortgage loans	$	438,683	518,993
Variable rate mortgage loans (1)	32,238		29,839
Fixed rate unsecured loans	1,397,779		1,397,525
Total notes payable	1,868,700		1,946,357
Unsecured credit facilities:
Line of Credit	45,000		—
Term Loan	75,000		75,000
Total unsecured credit facilities	120,000		75,000
Total debt outstanding	$	1,988,700	2,021,357

Schedule of maturities of long-term debt

As of June 30, 2015, scheduled principal payments and maturities on notes payable were as follows:

(in thousands)	June 30, 2015
Scheduled Principal Payments and Maturities by Year:	Scheduled Principal Payments		Mortgage Loan Maturities	Unsecured Maturities (1)		Total
2015	$	3,175	141	350,000		353,316
2016	6,135		41,442	—		47,577
2017	5,399		116,425	400,000		521,824
2018	4,453		57,358	—		61,811
2019	3,443		106,000	120,000		229,443
Beyond 5 Years	15,639		105,447	650,000		771,086
Unamortized debt premiums (discounts), net	—		5,864	(2,221	)	3,643
Total	$	38,244	432,677	1,517,779		1,988,700

⁽¹⁾ Includes unsecured public debt and unsecured credit facilities.