Senior Unsecured Notes and Secured Debt (Tables)

9 Months Ended

Sep. 30, 2014

Senior Unsecured Notes And Secured Debt (Tables) [Abstract]

Principal payments due on debt obligations

	Senior		Secured
	Unsecured Notes(1,2)		Debt (1,3)		Totals
2014	$	-	$	50,367	$	50,367
2015		250,000		407,611		657,611
2016		700,000		395,659		1,095,659
2017		450,000		353,801		803,801
2018		1,173,055 (4,5)		432,209		1,605,264
Thereafter		4,769,273 (6)		1,222,073		5,991,346
Totals	$	7,342,328	$	2,861,720	$	10,204,048
(1) Amounts represent principal amounts due and do not include unamortized premiums/discounts or other fair value adjustments as reflected on the balance sheet.
(2) Annual interest rates range from 1.3% to 6.5%.
(3) Annual interest rates range from 1.0% to 8.0%. Carrying value of the properties securing the debt totaled $5,121,039,000 at September 30, 2014.
(4) On July 30, 2012, we completed funding on a $250,000,000 Canadian denominated unsecured term loan (approximately $223,055,000 based on the Canadian/U.S. Dollar exchange rate in effect on September 30, 2014). This loan was refinanced on July 25, 2014. See Note 9 for additional information.
(5) On January 8, 2013, we completed funding on a $500,000,000 unsecured term loan. This loan was refinanced on July 25, 2014. See Note 9 for additional information.
(6) On November 20, 2013, we completed the sale of £550,000,000 (approximately $891,825,000 based on the Sterling/U.S. Dollar exchange rate in effect on September 30, 2014) of 4.8% senior unsecured notes due 2028.

Summary of senior unsecured note activity

	Nine Months Ended
	September 30, 2014			September 30, 2013
			Weighted Avg.			Weighted Avg.
	Amount		Interest Rate	Amount		Interest Rate
Beginning balance	$	7,421,707	4.400%	$	5,894,403	4.675%
Debt issued		-	0.000%		500,000	1.552%
Debt redeemed		(47,660)	3.000%		(219,285)	3.000%
Foreign currency		(31,719)	3.892%		-	0.000%
Ending balance	$	7,342,328	4.388%	$	6,175,118	4.480%

Secured debt principal activity

	Nine Months Ended
		September 30, 2014		September 30, 2013
			Weighted Avg.			Weighted Avg.
	Amount		Interest Rate	Amount		Interest Rate
Beginning balance	$	3,010,711	5.09%	$	2,311,586	5.14%
Debt issued		98,100	3.23%		85,140	5.05%
Debt assumed		62,505	3.11%		1,241,898	4.11%
Debt extinguished		(240,355)	5.66%		(535,367)	3.52%
Principal payments		(45,807)	4.97%		(40,006)	5.27%
Foreign currency		(23,434)	3.78%		2,672	4.04%
Ending balance	$	2,861,720	4.94%	$	3,065,923	5.08%