XML 66 R52.htm IDEA: XBRL DOCUMENT v3.5.0.2
Secured Notes Payable and Revolving Credit Facility, net - Schedule Of Secured Notes Payable and Revolving Credit Facility (Details) - USD ($)
9 Months Ended
Sep. 30, 2016
Dec. 31, 2015
Debt Instrument [Line Items]    
Total Debt $ 4,437,507,000 $ 3,634,163,000
Deferred loan costs, net (35,656,000) (22,887,000)
Total Debt, Net $ 4,401,851,000 3,611,276,000
Weighted average remaining life of outstanding term debt (in years) 4 years 6 months  
Debt at fixed interest rate $ 3,600,000,000  
Weighted average remaining life of interest rate swaps and fixed rate debt (in years) 5 years  
Weighted average annual interest rate (as a percent) 3.24%  
Weighted average effective interest rate, including non-cash amortization of deferred loan costs (as a percent) 3.39%  
Accumulated amortization $ 17,600,000 15,200,000
Wholly Owned Subsidiaries [Member]    
Debt Instrument [Line Items]    
Total Debt $ 3,695,767,000 3,618,423,000
Term Loan With Effective Annual Fixed Interest Rate At Four Point Zero Zero Percentage [Member]    
Debt Instrument [Line Items]    
Fixed rate debt amortization period (in years) 30 years  
Long term Fixed Rate Debt with effective interest rate of 385 bps [Member]    
Debt Instrument [Line Items]    
Fixed rate debt amortization period (in years) 30 years  
Debt instrument period of monthly interest-only payments end date Feb. 05, 2017  
Term Loan With Effective Annual Fixed Interest Rate At Four Point Four Six Percentage [Member]    
Debt Instrument [Line Items]    
Fixed rate debt amortization period (in years) 30 years  
Debt instrument period of fixed interest end date Mar. 01, 2018  
Revolving Credit Facility With Maturity Date 8/21/20 [Member]    
Debt Instrument [Line Items]    
Maximum borrowing capacity $ 400,000,000.0  
Revolving Credit Facility With Maturity Date 8/21/20 [Member] | Minimum [Member]    
Debt Instrument [Line Items]    
Unused commitment fees (as a percent) 0.15%  
Revolving Credit Facility With Maturity Date 8/21/20 [Member] | Maximum [Member]    
Debt Instrument [Line Items]    
Unused commitment fees (as a percent) 0.20%  
Effective Fixed Rate Loans [Member]    
Debt Instrument [Line Items]    
Total Debt $ 2,465,480,000 2,492,360,000
Aggregate Fixed Rate Loans [Member]    
Debt Instrument [Line Items]    
Total Debt $ 1,135,287,000 1,141,803,000
Weighted average remaining period during which interest was fixed (in years) 3 years 1 month  
Variable Rate Loans [Member]    
Debt Instrument [Line Items]    
Total Debt $ 836,740,000 0
Secured Debt [Member] | Term Loan, Maturity Date December 24, 2016 [Member] | Wholly Owned Subsidiaries [Member]    
Debt Instrument [Line Items]    
Maturity Date Dec. 24, 2016  
Total Debt $ 0 20,000,000
Variable Interest Rate LIBOR + 1.45%  
Secured Debt [Member] | Term Loan, Maturity Date December 24, 2016 [Member] | LIBOR [Member] | Wholly Owned Subsidiaries [Member]    
Debt Instrument [Line Items]    
Basis spread 1.45%  
Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At Three Percentage [Member] [Member] | Wholly Owned Subsidiaries [Member]    
Debt Instrument [Line Items]    
Maturity Date Feb. 28, 2018  
Total Debt $ 1,000,000 0
Fixed Interest Rate 3.00%  
Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At Four Point One Two Percentage [Member] | Wholly Owned Subsidiaries [Member]    
Debt Instrument [Line Items]    
Maturity Date Apr. 02, 2018  
Total Debt $ 0 256,140,000
Variable Interest Rate LIBOR + 2.00%  
Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At Four Point One Two Percentage [Member] | LIBOR [Member] | Wholly Owned Subsidiaries [Member]    
Debt Instrument [Line Items]    
Basis spread 2.00%  
Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At Three Point Seven Four Percentage [Member] | Wholly Owned Subsidiaries [Member]    
Debt Instrument [Line Items]    
Maturity Date Aug. 01, 2018  
Total Debt $ 530,000,000 530,000,000
Variable Interest Rate LIBOR + 1.70%  
Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At Three Point Seven Four Percentage [Member] | LIBOR [Member] | Wholly Owned Subsidiaries [Member]    
Debt Instrument [Line Items]    
Basis spread 1.70%  
Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At Four Point One Four Percentage [Member] | Wholly Owned Subsidiaries [Member]    
Debt Instrument [Line Items]    
Maturity Date Aug. 05, 2018  
Total Debt $ 351,472,000 355,000,000
Fixed Interest Rate 4.14%  
Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At Four Point Zero Zero Percentage [Member] | Wholly Owned Subsidiaries [Member]    
Debt Instrument [Line Items]    
Maturity Date Feb. 01, 2019  
Total Debt $ 150,627,000 152,733,000
Fixed Interest Rate 4.00%  
Secured Debt [Member] | Long term Fixed Rate Debt with effective interest rate of 385 bps [Member] | Wholly Owned Subsidiaries [Member]    
Debt Instrument [Line Items]    
Maturity Date Jun. 05, 2019  
Total Debt $ 285,000,000 285,000,000
Fixed Interest Rate 3.85%  
Secured Debt [Member] | Fannie Mae Loans, Maturity Date October 1, 2019 [Member] | Wholly Owned Subsidiaries [Member]    
Debt Instrument [Line Items]    
Maturity Date Oct. 01, 2019  
Total Debt $ 145,000,000 145,000,000
Variable Interest Rate LIBOR + 1.25%  
Secured Debt [Member] | Fannie Mae Loans, Maturity Date October 1, 2019 [Member] | LIBOR [Member] | Wholly Owned Subsidiaries [Member]    
Debt Instrument [Line Items]    
Basis spread 1.25%  
Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At Four Point Four Six Percentage [Member] | Wholly Owned Subsidiaries [Member]    
Debt Instrument [Line Items]    
Maturity Date Mar. 01, 2020  
Total Debt $ 347,188,000 349,070,000
Fixed Interest Rate 4.46%  
Secured Debt [Member] | Entity One Rate Six With Effective Annual Fixed Interest Rate At Three Point Six Five Percentage [Member] | Wholly Owned Subsidiaries [Member]    
Debt Instrument [Line Items]    
Maturity Date Nov. 02, 2020  
Total Debt $ 388,080,000 388,080,000
Variable Interest Rate LIBOR + 1.65%  
Fixed Interest Rate 3.65%  
Swap Maturity Date Nov. 01, 2017  
Secured Debt [Member] | Entity One Rate Six With Effective Annual Fixed Interest Rate At Three Point Six Five Percentage [Member] | LIBOR [Member] | Wholly Owned Subsidiaries [Member]    
Debt Instrument [Line Items]    
Basis spread 1.65%  
Secured Debt [Member] | Term Loan With Maturity Date Of 04152022 [Member] | Wholly Owned Subsidiaries [Member]    
Debt Instrument [Line Items]    
Maturity Date Apr. 15, 2022  
Total Debt $ 340,000,000 340,000,000
Variable Interest Rate LIBOR + 1.40%  
Fixed Interest Rate 2.77%  
Swap Maturity Date Apr. 01, 2020  
Secured Debt [Member] | Term Loan With Maturity Date Of 04152022 [Member] | LIBOR [Member] | Wholly Owned Subsidiaries [Member]    
Debt Instrument [Line Items]    
Basis spread 1.40%  
Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At Three Point Zero Six Percentage [Member] | Wholly Owned Subsidiaries [Member]    
Debt Instrument [Line Items]    
Maturity Date Jul. 27, 2022  
Total Debt $ 180,000,000 180,000,000
Variable Interest Rate LIBOR + 1.45%  
Fixed Interest Rate 3.06%  
Swap Maturity Date Jul. 01, 2020  
Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At Three Point Zero Six Percentage [Member] | LIBOR [Member] | Wholly Owned Subsidiaries [Member]    
Debt Instrument [Line Items]    
Basis spread 1.45%  
Secured Debt [Member] | Term Loan, Fixed Interest rate of 2.64% [Member] | Wholly Owned Subsidiaries [Member]    
Debt Instrument [Line Items]    
Maturity Date Nov. 02, 2022  
Total Debt $ 400,000,000 400,000,000
Variable Interest Rate LIBOR + 1.35%  
Fixed Interest Rate 2.64%  
Swap Maturity Date Nov. 01, 2020  
Secured Debt [Member] | Term Loan, Fixed Interest rate of 2.64% [Member] | LIBOR [Member] | Wholly Owned Subsidiaries [Member]    
Debt Instrument [Line Items]    
Basis spread 1.35%  
Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At Two Point Five Seven Percentage [Member] | Wholly Owned Subsidiaries [Member]    
Debt Instrument [Line Items]    
Maturity Date Jun. 23, 2023  
Total Debt $ 360,000,000 0
Variable Interest Rate LIBOR + 1.55%  
Fixed Interest Rate 2.57%  
Swap Maturity Date Jul. 01, 2021  
Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At Two Point Five Seven Percentage [Member] | LIBOR [Member] | Wholly Owned Subsidiaries [Member]    
Debt Instrument [Line Items]    
Basis spread 1.55%  
Secured Debt [Member] | Fannie Mae Loan With Maturity Date Of April 1, 2025 [Member] | Wholly Owned Subsidiaries [Member]    
Debt Instrument [Line Items]    
Maturity Date Apr. 01, 2025  
Total Debt $ 102,400,000 102,400,000
Variable Interest Rate LIBOR + 1.25%  
Fixed Interest Rate 2.84%  
Swap Maturity Date Mar. 01, 2020  
Secured Debt [Member] | Fannie Mae Loan With Maturity Date Of April 1, 2025 [Member] | LIBOR [Member] | Wholly Owned Subsidiaries [Member]    
Debt Instrument [Line Items]    
Basis spread 1.25%  
Secured Debt [Member] | Fannie Mae Loan with Maturity Date of December 1, 2020 [Member] | Wholly Owned Subsidiaries [Member]    
Debt Instrument [Line Items]    
Maturity Date Dec. 01, 2025  
Total Debt $ 115,000,000 115,000,000
Variable Interest Rate LIBOR + 1.25%  
Fixed Interest Rate 2.76%  
Swap Maturity Date Dec. 01, 2020  
Secured Debt [Member] | Fannie Mae Loan with Maturity Date of December 1, 2020 [Member] | LIBOR [Member] | Wholly Owned Subsidiaries [Member]    
Debt Instrument [Line Items]    
Basis spread 1.25%  
Secured Debt [Member] | Term Loan With Maturity Date 3/1/2017 [Member] | Consolidated Joint Ventures [Member]    
Debt Instrument [Line Items]    
Maturity Date Mar. 01, 2017  
Total Debt $ 15,740,000 15,740,000
Variable Interest Rate LIBOR + 1.60%  
Secured Debt [Member] | Term Loan With Maturity Date 3/1/2017 [Member] | LIBOR [Member] | Consolidated Joint Ventures [Member]    
Debt Instrument [Line Items]    
Basis spread 1.60%  
Secured Debt [Member] | Term Loan With Maturity Date 7/21/2019 [Member] | Consolidated Joint Ventures [Member]    
Debt Instrument [Line Items]    
Maturity Date Jul. 21, 2019  
Total Debt $ 146,000,000  
Variable Interest Rate LIBOR + 1.55%  
Secured Debt [Member] | Term Loan With Maturity Date 7/21/2019 [Member] | LIBOR [Member] | Consolidated Joint Ventures [Member]    
Debt Instrument [Line Items]    
Basis spread 1.55%  
Secured Debt [Member] | Term Loan with Maturity Date of February 28, 2023 [Member] | Consolidated Joint Ventures [Member]    
Debt Instrument [Line Items]    
Maturity Date Feb. 28, 2023  
Total Debt $ 580,000,000 0
Variable Interest Rate LIBOR + 1.40%  
Fixed Interest Rate 2.37%  
Swap Maturity Date Mar. 01, 2021  
Secured Debt [Member] | Term Loan with Maturity Date of February 28, 2023 [Member] | LIBOR [Member] | Consolidated Joint Ventures [Member]    
Debt Instrument [Line Items]    
Basis spread 1.40%  
Secured Debt [Member] | Term Loan with Maturity Date of February 28, 2023 [Member] | LIBOR [Member] | Consolidated Joint Ventures [Member] | Minimum [Member]    
Debt Instrument [Line Items]    
Basis spread 0.00%  
Line of Credit [Member] | Revolving Credit Facility With Maturity Date 8/21/20 [Member] | Wholly Owned Subsidiaries [Member]    
Debt Instrument [Line Items]    
Maturity Date Aug. 21, 2020  
Total Debt $ 0 $ 0
Variable Interest Rate LIBOR + 1.40%  
Line of Credit [Member] | Revolving Credit Facility With Maturity Date 8/21/20 [Member] | LIBOR [Member]    
Debt Instrument [Line Items]    
Basis spread 1.40%  
Line of Credit [Member] | Revolving Credit Facility With Maturity Date 8/21/20 [Member] | LIBOR [Member] | Wholly Owned Subsidiaries [Member]    
Debt Instrument [Line Items]    
Basis spread 1.40%