XML 52 R36.htm IDEA: XBRL DOCUMENT v3.4.0.3
Debt - Unsecured Revolving Credit Facility (Details) - Revolving Credit Facility
Jan. 23, 2015
USD ($)
option
Secured Revolving and Term Credit Facility  
Line of Credit Facility [Line Items]  
Write off of deferred debt issuance cost $ 1,300,000
Unsecured Revolving Credit Facility  
Line of Credit Facility [Line Items]  
Current borrowing capacity 800,000,000.0
Maximum borrowing capacity $ 1,250,000,000.00
Option to extend maturity, number | option 2
Extension period 6 months
Extension fee percent of outstanding commitments under revolving credit facility 0.075%
Maximum leverage ratio 60.00%
Maximum consolidated secured indebtedness to asset value 40.00%
Minimum tangible net worth $ 745,400,000.0
Tangible net worth. minimum percent of net equity proceeds received 75.00%
Minimum adjusted EBITDA to consolidated fixed charges 1.50
Minimum net operating income to unsecured debt 1.75
Maximum ratio of unsecured debt to unencumbered asset value 60.00%
Maximum consolidated secured recourse debt to asset value 10.00%
Unsecured Revolving Credit Facility | Eurodollar | Minimum  
Line of Credit Facility [Line Items]  
Basis spread on variable rate 0.875%
Unsecured Revolving Credit Facility | Eurodollar | Maximum  
Line of Credit Facility [Line Items]  
Basis spread on variable rate 1.60%
Unsecured Revolving Credit Facility | Base Rate | Minimum  
Line of Credit Facility [Line Items]  
Basis spread on variable rate 0.00%
Unsecured Revolving Credit Facility | Base Rate | Maximum  
Line of Credit Facility [Line Items]  
Basis spread on variable rate 0.60%