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Fair Values of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2013
Fair Value Disclosures [Abstract]  
Carrying amounts and fair values of financial instruments
As of December 31, 2013 and 2012, the carrying amounts and fair values of our financial instruments were as follows:
 
2013
 
2012
 
Carrying
Amount
 
Fair Value
 
Carrying
Amount
 
Fair Value
 
(In thousands)
Assets:
 
 
 
 
 
 
 
Cash and cash equivalents
$
94,816

 
$
94,816

 
$
67,908

 
$
67,908

Secured loans receivable, net
354,775

 
355,223

 
635,002

 
636,714

Unsecured loans receivable, net
38,512

 
40,473

 
62,118

 
65,146

Marketable debt securities
21,454

 
21,454

 
5,400

 
5,400

Liabilities:
 
 
 
 
 
 
 
Senior notes payable and other debt, gross
9,320,477

 
9,405,259

 
8,186,315

 
8,600,450

Derivative instruments and other liabilities
11,105

 
11,105

 
45,966

 
45,966

Redeemable OP unitholder interests
111,607

 
111,607

 
114,933

 
114,933