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Repurchase Arrangements And Similar Borrowings, Including Related Hedging Activity (Schedule Of Derivatives Designated As Cash Flow Hedging Instruments Related Disclosures) (USD $)
1 Months Ended 3 Months Ended 6 Months Ended
Mar. 31, 2008
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Dec. 31, 2010
Interest rate swap agreements in a gain position (an asset)   $ 9,356,000   $ 9,356,000   $ 9,597,000
Interest rate swap agreements at fair value - (a liability)   (19,962,000) [1]   (19,962,000) [1]   (16,337,000) [1]
Related net interest payable   (11,589,000) [2]   (11,589,000) [2]   (9,847,000) [2]
Interest rate swap agreements in a loss position (a liability)   (22,195,000)   (22,195,000)   (16,587,000)
Amount of loss reclassified from AOCI (effective portion)   (7,467,000) (6,892,000) (13,579,000) (15,778,000)  
Amount of gain (loss) recognized (ineffective portion)   109,000 383,000 (49,000) 249,000  
Increase in interest expense and decrease in Net income as a result of the use of derivatives   (7,358,000) [3] (6,509,000) [3] (13,628,000) [3] (15,529,000) [3]  
Amount of loss recognized in other comprehensive income (loss) (effective portion)   (16,883,000) (10,111,000) (17,561,000) (25,223,000)  
Recognition period for recognizing unrealized losses on derivatives       twelve months    
Derivative instruments unrealized losses to be recognized       20,700,000    
Notional amount of swap agreement 100,000,000          
Realized losses from terminated swap agreement 2,300,000          
Amortization period of realized losses from terminated swap agreement two-year          
Effective Portion Of Active Positions [Member]
           
Amount of loss reclassified from AOCI (effective portion)   (7,467,000) (6,892,000) (13,579,000) (15,747,000)  
Effective Portion Of Terminated Positions [Member]
           
Amount of loss reclassified from AOCI (effective portion)         (31,000) [4]  
Repurchase Arrangements And Similar Borrowings [Member]
           
Interest rate swap agreements in a gain position (an asset)   551,000 [1]   551,000 [1]   734,000 [1]
Unsecured Borrowings [Member]
           
Interest rate swap agreements in a gain position (an asset)   $ 8,805,000 [1]   $ 8,805,000 [1]   $ 8,863,000 [1]
[1] The fair value of derivatives with realized and unrealized gains are aggregated and recorded as an asset on the face of the balance sheet separately from the fair value of derivatives with realized and unrealized losses that are recorded as a liability. The amount of unrealized losses that will be recognized in the statement of income over the next twelve months in the form of fixed- and variable-rate swap payments in excess of current market rates totaled $20.7 million at June 30, 2011.
[2] Included in "Accounts payable and accrued expenses" on the face of the balance sheet.
[3] Included in "Interest expense: Repurchase arrangements and similar borrowings" on the face of the statement of income.
[4] In March 2008 a swap agreement with a $100 million notional amount was terminated for a realized loss of $2.3 million which was amortized to earnings over the original two-year term of the derivative (through January 2010).