Derivative Financial Instruments And Hedging Activities (Tables)

6 Months Ended

Jun. 30, 2012

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES [Abstract]

Schedule of Interest Rate Derivatives [Table Text Block]

Interest rate cap and swap derivatives consist of the following (in thousands):

	June 30, 2012				December 31, 2011
	Notional		Fair Value(b)		Notional		Fair Value(b)
Assets
Interest rate swaps(a)	$	25,404	$	454	$	509,561	$	2,004
Interest rate caps(a)	1,468,178		2,194		1,512,793		4,548
Total assets	$	1,493,582	$	2,648	$	2,022,354	$	6,552
Liabilities
Interest rate swaps	$	25,404	$	456	$	509,561	$	6,440
Interest rate caps	1,468,178		2,276		1,470,856		4,768
Total liabilities	$	1,493,582	$	2,732	$	1,980,417	$	11,208

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Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]

The following tables present information on the effect of derivative instruments on the consolidated statements of income and comprehensive income (in thousands):

	Income (Losses) Recognized In Income
	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2012			2011			2012			2011
Non-designated hedges:
Interest rate contracts(a)	$	48		$	241		$	284		$	33
Foreign currency exchange derivatives(b)				314						127
	$	48		$	555		$	284		$	160
Designated hedges:
Interest rate contracts(a)	$	(52	)	$	1,126		$	(92	)	$	237
	Income (Losses) Recognized In Accumulated Other Comprehensive Income
	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2012			2011			2012			2011
Designated hedges:
Interest rate contracts	$	42		$	(1,736	)	$	(55	)	$	(852	)
	Income (Losses) Reclassified From Accumulated Other Comprehensive Income Into Income
	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2012			2011			2012			2011
Designated hedges:
Interest rate contracts(a)	$	1,666		$	(721	)	$	2,465		$	(999	)

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(a) Income (losses) recognized in earnings are included in interest expense.

(b) There were no outstanding foreign currency exchange derivatives at June 30, 2012. Income recognized in earnings is included in operating expenses.