XML 36 R28.htm IDEA: XBRL DOCUMENT v2.4.1.9
Fair Value of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2015
Fair Value Disclosures [Abstract]  
Schedule of Financial Instruments With Fair Values Different From Their Carrying Amount
The following are financial instruments for which the Company’s estimates of fair value differ from the carrying amounts (in thousands):
 
March 31, 2015
 
December 31, 2014
 
Carrying
Amount
 
Fair
Value
 
Carrying
Amount
 
Fair
Value
Unsecured notes payable
$
1,518,382

 
$
1,584,451

 
$
1,518,108

 
$
1,593,212

Variable rate debt
$
278,610

 
$
257,512

 
$
278,610

 
$
257,188

Mortgage notes payable
$
650,545

 
$
695,228

 
$
654,590

 
$
707,241

Mortgage note receivable (a)
$

 
$

 
$
88,000

 
$
87,692


(a)
On January 30, 2015 the mortgage note was repaid. For further information regarding the mortgage note, see Note 2, "Summary of Significant Accounting Policies," included in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2014.