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Fair Value of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2012
Fair Value Disclosures [Abstract]  
Schedule of financial instruments with fair values different from their carrying amount
 
March 31, 2012
 
December 31, 2011
 
Carrying
Amount
 
 
Fair
Value
 
Carrying
Amount
 
 
Fair
Value
Mortgage notes payable, net of discounts
$
509,450

 
 
$
557,012

 
$
512,391

 
 
$
545,784

Unsecured notes payable, net of discounts
$
1,492,520

 
 
$
1,567,620

 
$
1,496,501

 
 
$
1,555,633

Variable rate debt
$
678,610

 
 
$
676,693

 
$
391,610

 
 
$
380,786

Notes receivable
$
30,962

(a)
 
$
32,406

 
$
31,157

(a)
 
$
32,756

_____________________
(a)
For purposes of this disclosure, one of the notes is presented gross of the deferred gain of $12.9 million arising from the sale of two properties in 2009 accounted for under the accounting standard for installment sales.