Indebtedness (Tables)

6 Months Ended

Jun. 30, 2013

Debt Disclosure [Abstract]

Schedule of Indebtedness

At June 30, 2013 and December 31, 2012, the Company’s indebtedness consists of the following:

Description	Payment Terms	Interest Rate	Maturity Date			June 30, 2013		December 31, 2012
Senior Unsecured Notes	Int.	3.375% - 4.75%		2017 - 2022	(1)	$	400,000	$	400,000
Unsecured Bank Term Loan	Int.	LIBOR + 1.70%(2)		2018			300,000		300,000
Unsecured Revolving Lines of Credit	Int.	LIBOR + 1.225%(3)		2016			—		—
Secured Mortgage Notes	Prin. and Int.	4.88% - 5.99%		2015 - 2019	(4)		400,604		402,464
Total						$	1,100,604	$	1,102,464

(1) There are no maturities of senior unsecured notes in 2013. The remaining unsecured notes mature between 2017 and 2022.

(2) Represents stated rate at June 30, 2013. As discussed below, the Company has entered into interest rate swap arrangements that effectively fix the interest rate under this facility. At June 30, 2013, the effective blended interest rate under the Term Loan was 3.24%.

(3) Represents stated rate at June 30, 2013.

(4) There are no maturities of secured notes in 2013. These notes mature between 2015 and 2019.

Schedule of Aggregate Maturities of Indebtedness

The aggregate maturities of the Company’s indebtedness are as follows:

Remainder of 2013	$	1,871
2014		3,961
2015		124,205
2016		4,419
2017		154,736
Thereafter		811,412
	$	1,100,604