Disclosure about Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2015

Disclosure about Fair Value of Financial Instruments (Tables) [Abstract]

Carrying amounts and estimated fair values of financial instruments

		March 31, 2015				December 31, 2014
		Carrying Amount		Fair Value		Carrying Amount		Fair Value
Financial assets:
	Mortgage loans receivable	$	554,731	$	577,232	$	188,651	$	194,935
	Other real estate loans receivable		190,536		192,005		191,518		195,375
	Available-for-sale equity investments		46,740		46,740		-		-
	Cash and cash equivalents		202,273		202,273		473,726		473,726
	Foreign currency forward contracts		73,081		73,081		57,087		57,087
Financial liabilities:
	Borrowings under unsecured credit facilities	$	410,000	$	410,000	$	-	$	-
	Senior unsecured notes		7,518,196		8,378,885		7,766,251		8,613,702
	Secured debt		3,010,971		2,993,308		2,977,713		3,053,067
	Foreign currency forward contracts		410		410		1,495		1,495
Redeemable OP unitholder interests			47,147		47,147		46,722		46,722

The Market approach utilized to measure fair value of financial assets and liabilities on recurring basis

	Fair Value Measurements as of March 31, 2015
	Total		Level 1		Level 2		Level 3
Available-for-sale equity investments(1)	$	46,740	$	46,740	$	-	$	-
Foreign currency forward contracts, net(2)		72,671		-		72,671		-
Redeemable OP unitholder interests		47,147		-		47,147		-
Totals	$	166,558		46,740	$	119,818	$	-
(1) Unrealized gains or losses on equity investments are recorded in accumulated other comprehensive income (loss) at each measurement date.
(2) Please see Note 11 for additional information.