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Fair Value of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2016
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, 2016

 

 

December 31, 2015

 

 

Carrying Amount

 

 

Fair Value

 

 

Carrying Amount

 

 

Fair Value

 

Unsecured notes payable

$

1,513,146

 

 

$

1,532,494

 

 

$

1,512,554

 

 

$

1,529,346

 

Variable rate debt

$

326,492

 

 

$

305,251

 

 

$

326,410

 

 

$

305,522

 

Mortgage notes payable

$

345,310

 

 

$

354,125

 

 

$

545,753

 

 

$

597,377