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Borrowings Under Credit Facilities and Related Items (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Dec. 31, 2015
Aggregate borrowings under the unsecured line of credit arrangements      
Balance outstanding at quarter end $ 645,000 [1] $ 410,000 [1] $ 835,000
Maximum amount outstanding at any month end 945,000 430,000  
Average amount outstanding (total of daily principal balances divided by days in period) $ 671,044 $ 408,944  
Weighted average interest rate (actual interest expense divided by average borrowings outstanding) 1.29% 1.21%  
[1] (1) As of March 31, 2016, letters of credit in the aggregate amount of $48,930,000 have been issued, which reduces the borrowing capacity on the unsecured revolving credit facility.