XML 81 R58.htm IDEA: XBRL DOCUMENT v2.4.0.6
Fair Value Measurements (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Value Measurements    
Mortgage loans receivable $ 39,299 $ 53,081
Marketable debt securities   6,485 [1]
Bonds payable 2,635 3,200
Bank borrowings 115,500 56,000
Senior unsecured notes 185,800 100,000
Earn-out liabilities 6,744 6,305
Discount rate used to value future cash inflows of the mortgage loans receivable (as a percent) 6.00% 6.00%
Fair value of marketable debt securities as a percentage of quoted market price   100.00%
Discount rate used to value earn out liabilities (as a percent) 6.60% 6.80%
Senior unsecured notes
   
Value Measurements    
Senior unsecured notes 185,800  
Discount rate used to value future cash outflow (as a percent)   4.80%
Senior unsecured notes maturing prior to 2020
   
Value Measurements    
Discount rate used to value future cash outflow (as a percent) 3.80%  
Senior unsecured notes maturing in 2020 and beyond
   
Value Measurements    
Discount rate used to value future cash outflow (as a percent) 4.30%  
Carrying Value
   
Value Measurements    
Mortgage loans receivable 39,299 53,081
Marketable debt securities   6,485
Bonds payable 2,635 3,200
Bank borrowings 115,500 56,000
Senior unsecured notes 185,800 100,000
Earn-out liabilities 6,744 6,305
Fair Value
   
Value Measurements    
Bonds payable 2,635 3,200
Bank borrowings 115,500 56,000 [2]
Fair Value | Level 2
   
Value Measurements    
Marketable debt securities   6,500
Fair Value | Level 3
   
Value Measurements    
Mortgage loans receivable 44,939 61,844
Senior unsecured notes 194,838 101,223
Earn-out liabilities $ 6,744 $ 6,305
[1] At December 31, 2011, we had a $6,500 face value investment in marketable securities issued by an entity that qualifies as a related party because the entity's Chief Executive Officer is on our Board of Directors. See Note 12. Transactions with Related Party for further discussion.
[2] On December 31, 2012 and 2011, we had $3,191 and $3,060 respectively, in straight-line rent receivable from a lessee that qualifies as a related party because the lessee's Chief Executive Officer is on our Board of Directors. See Note 12. Transactions with Related Party for further discussion.