Mortgage Note Payable (Tables)

12 Months Ended

Dec. 31, 2013

Notes Payable [Abstract]

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 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

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