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Borrowings Under Credit Facilities and Related Items (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Dec. 31, 2014
Aggregate borrowings under the unsecured line of credit arrangements          
Balance outstanding at quarter end $ 350,000,000 [1] $ 0 $ 350,000,000 [1] $ 0 $ 0
Maximum amount outstanding at any month end 535,000,000 637,000,000 535,000,000 637,000,000  
Average amount outstanding (total of daily principal balances divided by days in period) $ 501,758,000 $ 375,824,000 $ 455,608,000 $ 331,602,000  
Weighted average interest rate (actual interest expense divided by average borrowings outstanding) 1.13% 1.37% 1.17% 1.36%  
[1] (1) As of June 30, 2015, letters of credit in the aggregate amount of $61,882,247 have been issued, which reduces the borrowing capacity on the unsecured revolving credit facility.