Indebtedness (Tables)

9 Months Ended

Sep. 30, 2015

Debt Disclosure [Abstract]

Schedule of Indebtedness

At September 30, 2015 and December 31, 2014, the Company's indebtedness consisted of the following:

	Payment		Maturity	September 30,		December 31,
Description	Terms	Interest Rate	Date	2015		2014
Senior Unsecured Notes	Int.	3.375% - 4.75%	2017 - 2022 (1)	$	400,000	$	400,000
Unsecured Bank Term Loan	Int.	LIBOR + 1.15% (2)	2020		300,000		300,000
Secured Mortgage Notes	Prin. and Int.	5.99%	2019		190,292		192,459
Total				$	890,292	$	892,459

1) The outstanding unsecured notes mature in 2017 and 2022.  

2) Represents stated rate at September 30, 2015. As discussed below, the Company has entered into interest rate swap arrangements that

effectively fix the interest rate under this facility through January 2018.  At September 30, 2015, the effective blended interest rate

under the Amended Term Loan was 2.69%.  

Schedule of Aggregate Maturities of Indebtedness

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

Remainder of 2015	$	755
2016		3,071
2017		153,296
2018		3,502
2019		179,668
Thereafter		550,000
	$	890,292