Schedule of Debt |
The following is a summary of our debt: | | | | | | | | | | | (Amounts in thousands) | Interest Rate at March 31, 2018 | | Balance as of | | | March 31, 2018 | | December 31, 2017 | Mortgages Payable: | | | | | | Fixed rate | 3.53% | | $ | 5,012,026 |
| | $ | 5,461,706 |
| Variable rate | 3.60% | | 3,152,692 |
| | 2,742,133 |
| Total | 3.56% | | 8,164,718 |
| | 8,203,839 |
| Deferred financing costs, net and other | | | (62,480 | ) | | (66,700 | ) | Total, net | | | $ | 8,102,238 |
| | $ | 8,137,139 |
| | | | | | | Unsecured Debt: | | | | | | Senior unsecured notes | 4.21% | | $ | 850,000 |
| | $ | 850,000 |
| Deferred financing costs, net and other | | | (6,875 | ) | | (6,386 | ) | Senior unsecured notes, net | | | 843,125 |
| | 843,614 |
| | | | | | | Unsecured term loan | 3.02% | | 750,000 |
| | 750,000 |
| Deferred financing costs, net and other | | | (886 | ) | | (1,266 | ) | Unsecured term loan, net | | | 749,114 |
| | 748,734 |
| | | | | | | Unsecured revolving credit facilities | 2.72% | | 80,000 |
| | — |
| | | | | | | Total, net | | | $ | 1,672,239 |
| | $ | 1,592,348 |
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