Disclosure about Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2017

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

Carrying amounts and estimated fair values of financial instruments

		September 30, 2017				December 31, 2016
		Carrying Amount		Fair Value		Carrying Amount		Fair Value
Financial assets:
	Mortgage loans receivable	$	377,283	$	413,221	$	485,735	$	521,773
	Other real estate loans receivable		119,567		124,408		136,893		138,050
	Available-for-sale equity investments		7,615		7,615		27,899		27,899
	Cash and cash equivalents		236,247		236,247		419,378		419,378
	Foreign currency forward contracts		13,682		13,682		135,561		135,561
Financial liabilities:
	Borrowings under unsecured credit facilities	$	420,000	$	420,000	$	645,000	$	645,000
	Senior unsecured notes		8,315,395		9,186,768		8,161,619		8,879,176
	Secured debt		2,713,513		2,750,467		3,477,699		3,558,378
	Foreign currency forward contracts		55,264		55,264		4,342		4,342
Redeemable OP unitholder interests		$	104,363	$	104,363	$	110,502	$	110,502

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

	Fair Value Measurements as of September 30, 2017
	Total		Level 1		Level 2		Level 3
Available-for-sale equity investments(1)	$	7,615	$	7,615	$	-	$	-
Foreign currency forward contracts, net(2)		(41,582)		-		(41,582)		-
Redeemable OP unitholder interests		104,363		-		104,363		-
Totals	$	70,396	$	7,615	$	62,781	$	-
(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.