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Borrowings Under Credit Facilities and Related Items (Tables)
3 Months Ended
Mar. 31, 2015
Borrowings Under Credit Facilities and Related Items (Tables) [Abstract]  
Aggregate borrowings under the unsecured line of credit arrangements
Three Months Ended March 31,
20152014
Balance outstanding at quarter end(1)$410,000$562,000
Maximum amount outstanding at any month end$430,000$562,000
Average amount outstanding (total of daily
principal balances divided by days in period)$408,944$286,889
Weighted average interest rate (actual interest
expense divided by average borrowings outstanding) 1.21%1.34%
(1) As of March 31, 2015, letters of credit in the aggregate amount of $65,335,000 have been issued, which reduces the borrowing capacity on the unsecured revolving credit facility.