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Details of Indebtedness (Detail) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Indebtedness [Line Items]    
Mortgages payable and other notes payable $ 699,842 $ 438,107
Premium (discount), net (251) [1]  
Mortgages and other notes payable, net 699,591 438,107
Revolving credit facility 180,615 98,500
Total borrowings 880,206 536,607
Fixed rate debt
   
Indebtedness [Line Items]    
Mortgages payable and other notes payable 373,219 290,817
Variable Rate Debt
   
Indebtedness [Line Items]    
Mortgages payable and other notes payable $ 326,623 [2] $ 147,290 [2]
[1] Premium (discount), net is reflective of the Company recording mortgage note payables assumed at fair value on the respective acquisition date.
[2] As of September 30, 2014 and December 31, 2013, the Company had entered into forward-starting interest rate swaps for total notional amounts of approximately $269.4 million and $124.3 million, respectively, in order to hedge its exposure to this variable rate debt in future periods. The forward-starting interest rate swaps have a range of effective dates beginning in 2015 and continuing through the maturity date of the respective loan (ranging from 2016 through 2019). Refer to Note 12, "Derivative Financial Instruments," for additional information.