The following is a summary of our senior notes payable and other debt as of March 31, 2012 and December 31, 2011:

	March 31, 2012			December 31, 2011

	(In thousands)
Unsecured revolving credit facility	$	73,419		$	455,578
9% Senior Notes due 2012		82,433			82,433
8¹/4% Senior Notes due 2012		72,950			72,950
Unsecured term loan due 2013		200,000			200,000
6.25% Senior Notes due 2013		269,850			269,850
Unsecured term loan due 2015(1)		129,721			126,875
3.125% Senior Notes due 2015		400,000			400,000
6% Senior Notes due 2015		234,420			234,420
6¹/2% Senior Notes due 2016		—			200,000
Unsecured term loan due 2017(1)		375,000			375,000
6³/4% Senior Notes due 2017		225,000			225,000
4.750% Senior Notes due 2021		700,000			700,000
4.25% Senior Notes due 2022		600,000			—
6.90% Senior Notes due 2037		52,400			52,400
6.59% Senior Notes due 2038		22,973			22,973
Mortgage loans and other(2)		2,740,910			2,762,964

Total		6,179,076			6,180,443
Capital lease obligations		142,857			143,006
Unamortized fair value adjustment		131,985			144,923
Unamortized commission fees and discounts		(23,554	)		(39,256	)

Senior notes payable and other debt	$	6,430,364		$	6,429,116

(1): The aggregate amounts presented above represent the $500.0 million of borrowings oustanding under our unsecured term loan facility. Certain amounts included in the 2015 tranche represent Canadian dollar borrowings.

(2): The amounts presented above exclude debt related to real estate assets classified as held for sale as of March 31, 2012 and December 31, 2011. The total mortgage debt for these properties as of March 31, 2012 and December 31, 2011 was $23.8 million and $14.6 million, respectively, and is included in accounts payable and other liabilities on our Consolidated Balance Sheets.

As of March 31, 2012, our joint venture partners' share of total debt was $64.4 million with respect to nine properties we owned through consolidated joint ventures. As of December 31, 2011, our joint venture partners' share of total debt was $46.6 million with respect to eight properties we owned through consolidated joint ventures. Total debt does not include our portion of debt related to investments in unconsolidated entities, which was $128.4 million and $131.5 million as of March 31, 2012 and December 31, 2011, respectively.

As of March 31, 2012, our indebtedness (excluding capital lease obligations) had the following maturities:

	Principal Amount Due at Maturity		Unsecured Revolving Credit Facility(1)		Scheduled Periodic Amortization		Total Maturities

	(In thousands)
2012	$	200,486	$	—	$	38,912	$	239,398
2013(2)		895,571		—		46,202		941,773
2014		244,614		—		42,364		286,978
2015		989,941		73,419		34,494		1,097,854
2016		404,370		—		28,040		432,410
Thereafter(3)		3,009,634		—		171,029		3,180,663

Total maturities	$	5,744,616	$	73,419	$	361,041	$	6,179,076

(1): At March 31, 2012, we had $53.2 million of unrestricted cash and cash equivalents, for $20.2 million of net borrowings outstanding under our unsecured revolving credit facility.
(2): The amounts presented above exclude debt related to a real estate asset classified as held for sale as of March 31, 2012. The total mortgage debt for this property as of March 31, 2012 was $23.8 million and is scheduled to mature in 2013.
(3): Includes $52.4 million aggregate principal amount of 6.90% Senior Notes due 2037 of Nationwide Health Properties, LLC ("NHP LLC") (as successor to NHP), which are subject to repurchase, at the option of the holders, on October 1 of each of 2012, 2017 and 2027, and $23.0 million aggregate principal amount of 6.59% Senior Notes due 2038 of NHP LLC, which are subject to repurchase, at the option of the holders, on July 7 of each of 2013, 2018, 2023 and 2028.

We have $2.0 billion of aggregate borrowing capacity under our unsecured revolving credit facility, which may be increased to up to $2.5 billion at our option, subject to the satisfaction of certain conditions, and includes sublimits of (a) up to $200 million for letters of credit, (b) up to $200 million for swingline loans, (c) up to $250 million for loans in certain alternative currencies, and (d) up to 50% of the facility for certain negotiated rate loans. Borrowings under our unsecured revolving credit facility bear interest at a fluctuating rate per annum (based on the applicable LIBOR for Eurocurrency rate loans and the higher of (i) the federal funds rate plus 0.50%, (ii) the administrative agent's prime rate and (iii) the applicable LIBOR plus 1.0% for base rate loans, plus, in each case, a spread based on our senior unsecured long-term debt ratings). At March 31, 2012, the applicable spread was 110 basis points for Eurocurrency rate loans and 10 basis points for base rate loans. We also pay a facility fee ranging from 15 to 45 basis points per annum (based on our senior unsecured long-term debt ratings) on the aggregate revolving commitments under our unsecured revolving credit facility. At March 31, 2012, the facility fee was 17.5 basis points. Borrowings under our unsecured revolving credit facility mature on October 16, 2015, but may be extended for an additional period of one year at our option, subject to the satisfaction of certain conditions.

As of March 31, 2012, we had $73.4 million of borrowings and $6.3 million of letters of credit outstanding and $1.92 billion of unused borrowing capacity available under our unsecured revolving credit facility.

In February 2012, we issued and sold $600.0 million aggregate principal amount of 4.25% senior notes due 2022 at a public offering price equal to 99.214% of par, for total proceeds of $595.3 million before the underwriting discount and expenses.

In March 2012, we redeemed all $200.0 million principal amount outstanding of our 6¹/2% senior notes due 2016 at a redemption price equal to 103.25% of par, plus accrued and unpaid interest to the redemption date, pursuant to the call option contained in the indenture governing the notes. As a result, we paid a total of $206.5 million, plus accrued and unpaid interest, on the redemption date and recognized a loss on extinguishment of debt of $29.7 million during the first quarter of 2012.

In April 2012, we issued and sold $600.0 million aggregate principal amount of 4.00% senior notes due 2019 at a public offering price equal to 99.489% of par, for total proceeds of $596.9 million before the underwriting discount and expenses.

Also in April 2012, we exercised our option to redeem all $225.0 million principal amount outstanding of our 6³/4% senior notes due 2017 at a redemption price equal to 103.375% of par, plus accrued and unpaid interest to the redemption date, pursuant to the terms of the indenture governing the notes. We expect to pay a total of $232.6 million, plus accrued and unpaid interest, on the redemption date and recognize a loss on extinguishment of debt of approximately $10.0 million during the second quarter of 2012 in connection with this redemption.

As of March 31, 2012, we leased eight seniors housing communities pursuant to arrangements that are accounted for as capital leases. Under each capital lease agreement, rent may be increased based upon changes in the Consumer Price Index or gross revenues attributable to the property, subject to certain limits, and we have a bargain option to purchase the leased property and an option to exercise renewal terms.

Future minimum lease payments required under the capital lease agreements, including amounts that would be due under purchase options, as of March 31, 2012 are as follows (in thousands):


2012	$	7,103
2013		9,573
2014		9,699
2015		9,826
2016		9,953
Thereafter		162,600

Total minimum lease payments		208,754
Less: Amount related to interest		(65,897	)

	$	142,857

Net assets held under capital leases are included in net real estate investments on our Consolidated Balance Sheets and totaled $221.8 million and $224.7 million as of March 31, 2012 and December 31, 2011, respectively.