Mortgage Notes Payable (Tables) (Mortgages [Member])

9 Months Ended

Sep. 30, 2014

Mortgages [Member]

Schedule of Mortgage Notes Payable

The Company’s mortgage notes payable consist of the following as of September 30, 2014 and December 31, 2013 (dollar amounts in thousands):

	Encumbered Properties		Outstanding Loan Amount		Weighted Average Effective Interest Rate (2)			Weighted Average Maturity (3)
September 30, 2014 (1)		806	$	4,237,464		4.80	%		6.27
December 31, 2013		177	$	1,258,661		3.42	%		3.41

(1) Includes $542.8 million of mortgage notes held for sale.

(2) Mortgage notes payable primarily have fixed rates or are fixed by way of interest rate swap arrangements. Effective interest rates range from 2.43% to 7.20% at September 30, 2014 and 1.83% to 6.28% at December 31, 2013.

(3) Weighted average remaining years until maturity as of September 30, 2014 and December 31, 2013, respectively.

Schedule Of Aggregate Principal Payments Of Mortgages

The following table summarizes the scheduled aggregate principal repayments subsequent to September 30, 2014 (in thousands):

Year	Total
October 1, 2014 - December 31, 2014	$	101,258
2015		162,126
2016		263,679
2017		506,980
2018		260,654
Thereafter		2,942,767
Total	$	4,237,464