Disclosure about Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2015

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

Carrying amounts and estimated fair values of financial instruments

		September 30, 2015				December 31, 2014
		Carrying Amount		Fair Value		Carrying Amount		Fair Value
Financial assets:
	Mortgage loans receivable	$	570,997	$	606,910	$	188,651	$	194,935
	Other real estate loans receivable		181,915		181,585		191,518		195,375
	Available-for-sale equity investments		40,241		40,241		-		-
	Cash and cash equivalents		292,042		292,042		473,726		473,726
	Foreign currency forward contracts		105,856		105,856		57,087		57,087
Financial liabilities:
	Borrowings under unsecured credit facilities	$	490,000	$	490,000	$	-	$	-
	Senior unsecured notes		7,926,757		8,489,584		7,766,251		8,613,702
	Secured debt		2,975,639		3,024,245		2,977,713		3,053,067
	Foreign currency forward contracts		21,909		21,909		1,495		1,495
Redeemable OP unitholder interests		$	111,380	$	111,380	$	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 September 30, 2015
	Total		Level 1		Level 2		Level 3
Available-for-sale equity investments(1)	$	40,241	$	40,241	$	-	$	-
Foreign currency forward contracts, net(2)		83,947		-		83,947		-
Redeemable OP unitholder interests		111,380		-		111,380		-
Totals	$	235,568	$	40,241	$	195,327	$	-
(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.