Mortgage Notes Payable (Tables)

12 Months Ended

Dec. 31, 2013

Schedule of Mortgage Notes Payable

The Company’s mortgage notes payable consist of the following as of December 31, 2013 and 2012 (dollar amounts in thousands):

	Encumbered Properties		Outstanding Loan Amount		Weighted-Average Effective Interest Rate  (1)			Weighted-Average Maturity (2)
December 31, 2013		177	$	1,258,661		3.42	%		3.41
December 31, 2012		164	$	265,118		4.28	%		5.51

(1) Mortgage notes payable have fixed rates or are fixed by way of interest rate swap arrangements. Effective interest rates range from 1.83% to 6.28% at December 31, 2013 and 3.32% to 6.13% at December 31, 2012.

(2) Weighted-average remaining years until maturity as of December 31, 2013 and 2012, respectively.

Schedule of Maturities of Long-term Debt

The following table summarizes the scheduled aggregate principal repayments of our convertible debt, trust preferred notes, secured term loan and other debt subsequent to December 31, 2013 (amounts in thousands):

	Principal Repayment
2014	$	12,851
2015		11,862
2016		12,516
2017		26,890
2018		610,767
Thereafter		433,430
	$	1,108,316

Mortgages [Member]

Schedule of Maturities of Long-term Debt

The following table summarizes the scheduled aggregate principal repayments subsequent to December 31, 2013 (amounts in thousands):

	Principal Repayment
2014	$	86,933
2015		381,574
2016		295,627
2017		257,658
2018		36,210
Thereafter		200,659
	$	1,258,661