Debt (Tables)

12 Months Ended

Dec. 31, 2012

Debt

Debt at December 31, 2012 and 2011 consist of the following:

	2012		2011
In-substance defeased debt, interest payable monthly at 5.62% at December 31, 2012 and 2011, secured and paid by pledged treasury securities, due October 1, 2015	$	26,818	$	23,299
Community Development District debt, secured by certain real estate and standby note purchase agreements, due May 1, 2016 — May 1, 2039, bearing interest at 6.70% to 7.15% at December 31, 2012 and 2011		9,244		30,159
Total debt	$	36,062	$	53,458

Maturities of Debt

The aggregate maturities of debt subsequent to December 31, 2012 are ^(a):

2013		626
2014		663
2015		25,748
2016		84
2017		90
Thereafter		8,851
Total	$	36,062

(a) Includes debt defeased in connection with the sale of the Company’s office portfolio in the amount of $26.8 million.