XML 67 R52.htm IDEA: XBRL DOCUMENT v3.7.0.1
Secured Notes Payable and Revolving Credit Facility, net - Schedule Of Secured Notes Payable and Revolving Credit Facility (Details) - USD ($)
$ in Thousands
3 Months Ended
Feb. 29, 2016
Mar. 31, 2017
Dec. 31, 2016
Debt Instrument [Line Items]      
Total Debt   $ 4,427,939 $ 4,408,083
Deferred loan costs, net   (36,529) (38,546)
Total Debt, Net   $ 4,391,410 4,369,537
Weighted average remaining life of outstanding term debt (in years)   4 years 7 months  
Debt at fixed interest rate   $ 4,110,000  
Weighted average remaining life of interest rate swaps and fixed rate debt (in years)   4 years 9 months  
Weighted average annual interest rate (as a percent)   3.28%  
Weighted average effective interest rate, including non-cash amortization of deferred loan costs (as a percent)   3.43%  
Accumulated amortization   $ 17,500 15,400
Revolving Credit Facility With Maturity Date 8/21/20 [Member]      
Debt Instrument [Line Items]      
Maximum borrowing capacity   $ 400,000  
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   $ 2,985,480 2,985,480
Aggregate Fixed Rate Loans [Member]      
Debt Instrument [Line Items]      
Total Debt   $ 1,126,459 1,131,603
Weighted average remaining period during which interest was fixed (in years)   2 years 11 months  
Variable Rate Loans [Member]      
Debt Instrument [Line Items]      
Total Debt   $ 316,000 291,000
Subsidiaries [Member]      
Debt Instrument [Line Items]      
Total Debt   3,701,939 3,682,083
Subsidiaries [Member] | Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At 3.00% [Member]      
Debt Instrument [Line Items]      
Total Debt   $ 0 1,000
Fixed interest rate   3.00%  
Subsidiaries [Member] | Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At 4.14% [Member]      
Debt Instrument [Line Items]      
Maturity Date   Aug. 05, 2018  
Total Debt   $ 348,379 349,933
Fixed interest rate   4.14%  
Subsidiaries [Member] | Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At 4.00% [Member]      
Debt Instrument [Line Items]      
Maturity Date   Feb. 01, 2019  
Total Debt   $ 149,188 149,911
Fixed interest rate   4.00%  
Subsidiaries [Member] | Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate at 3.85% [Member]      
Debt Instrument [Line Items]      
Maturity Date   Jun. 05, 2019  
Total Debt   $ 284,578 285,000
Fixed interest rate   3.85%  
Subsidiaries [Member] | Secured Debt [Member] | Fannie Mae Loans, Maturity Date October 1, 2019 [Member]      
Debt Instrument [Line Items]      
Maturity Date   Oct. 01, 2019  
Total Debt   $ 145,000 145,000
Variable Interest Rate   LIBOR + 1.25%  
Subsidiaries [Member] | Secured Debt [Member] | Fannie Mae Loans, Maturity Date October 1, 2019 [Member] | LIBOR [Member]      
Debt Instrument [Line Items]      
Basis spread   1.25%  
Subsidiaries [Member] | Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At 4.46% [Member]      
Debt Instrument [Line Items]      
Maturity Date   Mar. 01, 2020  
Total Debt   $ 344,314 345,759
Fixed interest rate   4.46%  
Subsidiaries [Member] | Secured Debt [Member] | Entity One Rate Six With Effective Annual Fixed Interest Rate At 3.65% [Member]      
Debt Instrument [Line Items]      
Maturity Date   Nov. 01, 2020  
Total Debt   $ 388,080 388,080
Variable Interest Rate   LIBOR + 1.65%  
Fixed interest rate   3.65%  
Swap Maturity Date   Nov. 01, 2017  
Subsidiaries [Member] | Secured Debt [Member] | Entity One Rate Six With Effective Annual Fixed Interest Rate At 3.65% [Member] | LIBOR [Member]      
Debt Instrument [Line Items]      
Basis spread   1.65%  
Subsidiaries [Member] | Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At 2.77% [Member]      
Debt Instrument [Line Items]      
Maturity Date   Apr. 15, 2022  
Total Debt   $ 340,000 340,000
Variable Interest Rate   LIBOR + 1.40%  
Fixed interest rate   2.77%  
Swap Maturity Date   Apr. 01, 2020  
Subsidiaries [Member] | Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At 2.77% [Member] | LIBOR [Member]      
Debt Instrument [Line Items]      
Basis spread   1.40%  
Subsidiaries [Member] | Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At 3.06% [Member]      
Debt Instrument [Line Items]      
Maturity Date   Jul. 27, 2022  
Total Debt   $ 180,000 180,000
Variable Interest Rate   LIBOR + 1.45%  
Fixed interest rate   3.06%  
Swap Maturity Date   Jul. 01, 2020  
Subsidiaries [Member] | Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At 3.06% [Member] | LIBOR [Member]      
Debt Instrument [Line Items]      
Basis spread   1.45%  
Subsidiaries [Member] | Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At 2.64% [Member]      
Debt Instrument [Line Items]      
Maturity Date   Nov. 01, 2022  
Total Debt   $ 400,000 400,000
Variable Interest Rate   LIBOR + 1.35%  
Fixed interest rate   2.64%  
Swap Maturity Date   Nov. 01, 2020  
Subsidiaries [Member] | Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At 2.64% [Member] | LIBOR [Member]      
Debt Instrument [Line Items]      
Basis spread   1.35%  
Subsidiaries [Member] | Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At 2.57% [Member]      
Debt Instrument [Line Items]      
Maturity Date   Jun. 23, 2023  
Total Debt   $ 360,000 360,000
Variable Interest Rate   LIBOR + 1.55%  
Fixed interest rate   2.57%  
Swap Maturity Date   Jul. 01, 2021  
Subsidiaries [Member] | Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At 2.57% [Member] | LIBOR [Member]      
Debt Instrument [Line Items]      
Basis spread   1.55%  
Subsidiaries [Member] | Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At 3.62% [Member]      
Debt Instrument [Line Items]      
Maturity Date   Dec. 23, 2023  
Total Debt   $ 220,000 220,000
Variable Interest Rate   LIBOR + 1.70%  
Fixed interest rate   3.62%  
Swap Maturity Date   Dec. 23, 2021  
Subsidiaries [Member] | Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At 3.46% [Member]      
Debt Instrument [Line Items]      
Maturity Date   Jan. 01, 2024  
Total Debt   $ 300,000 300,000
Variable Interest Rate   LIBOR + 1.55%  
Fixed interest rate   3.46%  
Swap Maturity Date   Jan. 01, 2022  
Subsidiaries [Member] | Secured Debt [Member] | Fannie Mae Loan With Maturity Date Of April 1, 2025 [Member]      
Debt Instrument [Line Items]      
Maturity Date   Apr. 01, 2025  
Total Debt   $ 102,400 102,400
Variable Interest Rate   LIBOR + 1.25%  
Fixed interest rate   2.84%  
Swap Maturity Date   Mar. 01, 2020  
Subsidiaries [Member] | Secured Debt [Member] | Fannie Mae Loan With Maturity Date Of April 1, 2025 [Member] | LIBOR [Member]      
Debt Instrument [Line Items]      
Basis spread   1.25%  
Subsidiaries [Member] | Secured Debt [Member] | Fannie Mae Loan with Maturity Date of December 1, 2020 [Member]      
Debt Instrument [Line Items]      
Maturity Date   Dec. 01, 2025  
Total Debt   $ 115,000 115,000
Variable Interest Rate   LIBOR + 1.25%  
Fixed interest rate   2.76%  
Swap Maturity Date   Dec. 01, 2020  
Subsidiaries [Member] | Secured Debt [Member] | Fannie Mae Loan with Maturity Date of December 1, 2020 [Member] | LIBOR [Member]      
Debt Instrument [Line Items]      
Basis spread   1.25%  
Subsidiaries [Member] | Line of Credit [Member] | Revolving Credit Facility With Maturity Date 8/21/20 [Member]      
Debt Instrument [Line Items]      
Maturity Date   Aug. 21, 2020  
Total Debt   $ 25,000 0
Variable Interest Rate   LIBOR + 1.40%  
Subsidiaries [Member] | Line of Credit [Member] | Revolving Credit Facility With Maturity Date 8/21/20 [Member] | LIBOR [Member]      
Debt Instrument [Line Items]      
Basis spread 1.40% 1.40%  
Consolidated Joint Ventures [Member] | Secured Debt [Member] | Term Loan With Maturity Date 7/21/2019 [Member]      
Debt Instrument [Line Items]      
Maturity Date   Jul. 21, 2019  
Total Debt   $ 146,000 146,000
Variable Interest Rate   LIBOR + 1.55%  
Consolidated Joint Ventures [Member] | Secured Debt [Member] | Term Loan With Maturity Date 7/21/2019 [Member] | LIBOR [Member]      
Debt Instrument [Line Items]      
Basis spread   1.55%  
Consolidated Joint Ventures [Member] | Secured Debt [Member] | Term Loan with Maturity Date of February 28, 2023 [Member]      
Debt Instrument [Line Items]      
Maturity Date   Feb. 28, 2023  
Total Debt $ 580,000 $ 580,000 $ 580,000
Variable Interest Rate   LIBOR + 1.40%  
Fixed interest rate   2.37%  
Swap Maturity Date   Mar. 01, 2021  
Consolidated Joint Ventures [Member] | Secured Debt [Member] | Term Loan with Maturity Date of February 28, 2023 [Member] | LIBOR [Member]      
Debt Instrument [Line Items]      
Basis spread   1.40%  
Consolidated Joint Ventures [Member] | Secured Debt [Member] | Term Loan with Maturity Date of February 28, 2023 [Member] | LIBOR [Member] | Minimum [Member]      
Debt Instrument [Line Items]      
Basis spread   0.00%