XML 64 R43.htm IDEA: XBRL DOCUMENT v2.4.0.8
Debt (Tables)
12 Months Ended
Dec. 31, 2013
Debt Disclosure [Abstract]  
Schedule Of Debt
Our debt consists of the following (in thousands):
 
December 31,
 
2013
 
2012
Debt payable to 2038 at 2.6% to 8.6% in 2013 and 2.6% to 8.8% in 2012
$
2,205,104

 
$
2,041,709

Unsecured notes payable under credit facilities

 
66,000

Debt service guaranty liability
73,740

 
74,075

Obligations under capital leases
21,000

 
21,000

Industrial revenue bonds payable at 2.4% in 2012

 
1,246

Total
$
2,299,844

 
$
2,204,030

Grouping Of Debt Between Fixed And Variable As Well As Secured And Unsecured
The grouping of total debt between fixed and variable-rate as well as between secured and unsecured is summarized below (in thousands):
 
December 31,
 
2013
 
2012
As to interest rate (including the effects of interest rate contracts):
 
 
 
Fixed-rate debt
$
2,136,265

 
$
1,992,599

Variable-rate debt
163,579

 
211,431

Total
$
2,299,844

 
$
2,204,030

As to collateralization:
 
 
 
Unsecured debt
$
1,572,057

 
$
1,270,742

Secured debt
727,787

 
933,288

Total
$
2,299,844

 
$
2,204,030

Schedule Of Credit Facilities
The following table discloses certain information regarding our unsecured notes payable under our credit facilities (in thousands, except percentages):
 
December 31,
 
2013
 
2012
Unsecured revolving credit facility:
 
 
 
Balance outstanding
$

 
$
30,000

Available balance
497,821

 
467,571

Letter of credit outstanding under facility
2,179

 
2,429

Variable interest rate (excluding facility fee)
%
 
1.1
%
Unsecured and uncommitted overnight facility:
 
 
 
Balance outstanding
$

 
$
36,000

Variable interest rate
%
 
1.5
%
Both facilities:
 
 
 
Maximum balance outstanding during the year
$
265,500

 
$
303,100

Weighted average balance
61,642

 
157,447

Year-to-date weighted average interest rate (excluding facility fee)
1.0
%
 
1.3
%
Principal Payments Of Debt
Scheduled principal payments on our debt (excluding $21.0 million of certain capital leases, $5.4 million fair value of interest rate contracts, $(3.3) million net premium/(discount) on debt, $6.5 million of non-cash debt-related items, and $73.7 million debt service guaranty liability) are due during the following years (in thousands):
2014
$
368,858

2015
276,346

2016
249,723

2017
142,332

2018
64,653

2019 (1)
153,907

2020
35,363

2021
2,278

2022
304,815

2023
301,937

Thereafter
296,327

Total
$
2,196,539


___________________
(1)
Includes $100.0 million of our 8.1% senior unsecured notes due 2019 which may be redeemed by us at any time on or after September 2014 at our option.