Note 7 - Notes and Mortgages Payable

3 Months Ended

Mar. 31, 2016

Notes to Financial Statements

Debt Disclosure [Text Block]

7. Notes and Mortgages Payable

Notes Payable -

During the three months ended March 31, 2016, the Company repaid its $300.0 million 5.783% medium term notes, which matured in March 2016.

Mortgages Payable -

During the three months ended March 31, 2016, the Company paid off $101.5 million of mortgage debt (including fair market value adjustment of $0.3 million) that encumbered seven operating properties.