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Borrowings Under Credit Facilities and Related Items (Details) (USD $)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Dec. 31, 2014
Aggregate borrowings under the unsecured line of credit arrangements      
Balance outstanding at quarter end $ 410,000,000us-gaap_LineOfCredit [1] $ 562,000,000us-gaap_LineOfCredit [1] $ 0us-gaap_LineOfCredit
Maximum amount outstanding at any month end 430,000,000us-gaap_LineOfCreditFacilityMaximumMonthendOutstandingAmount 562,000,000us-gaap_LineOfCreditFacilityMaximumMonthendOutstandingAmount  
Average amount outstanding (total of daily principal balances divided by days in period) $ 408,944,000us-gaap_LineOfCreditFacilityAverageOutstandingAmount $ 286,889,000us-gaap_LineOfCreditFacilityAverageOutstandingAmount  
Weighted average interest rate (actual interest expense divided by average borrowings outstanding) 1.21%us-gaap_LineOfCreditFacilityInterestRateDuringPeriod 1.34%us-gaap_LineOfCreditFacilityInterestRateDuringPeriod  
[1]
(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.