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Debt (Tables)
12 Months Ended
Dec. 31, 2015
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments [Table Text Block]
The following tables summarize the Company’s unsecured note balances and certain interest rate and maturity date information as of and for the years ended December 31, 2015 and 2014, respectively:
December 31, 2015
(Amounts in thousands)
 
Net Principal Balance
 
Interest Rate Ranges
 
Weighted Average Interest Rate
 
Maturity Date Ranges
Fixed Rate Public Notes (1)
 
$
5,423,012

 
3.00% - 7.57%
 
5.30%
 
2016 - 2045
Floating Rate Public Notes (1)
 
453,340

 
(1)
 
0.93%
 
2019
Totals
 
$
5,876,352

 
 
 
 
 
 


December 31, 2014
(Amounts in thousands)
 
Net Principal Balance
 
Interest Rate Ranges
 
Weighted Average Interest Rate
 
Maturity Date Ranges
Fixed Rate Public Notes (1)
 
$
4,974,154

 
3.00% - 7.57%
 
5.45%
 
2015 - 2044
Floating Rate Public Notes (1)
 
451,192

 
(1)
 
1.15%
 
2019
Totals
 
$
5,425,346

 
 
 
 
 
 

(1)
Fair value interest rate swaps convert the $450.0 million 2.375% notes due July 1, 2019 to a floating interest rate of 90-Day LIBOR plus 0.61%.

Aggregate payments of principal on unsecured notes payable
The following table provides a summary of the aggregate payments of principal on all debt for each of the next five years and thereafter as of December 31, 2015 (amounts in thousands):
Year
 
Total (1)
2016
 
$
1,352,813

2017
 
1,347,846

2018
 
180,461

2019
 
1,281,127

2020
 
1,679,432

Thereafter
 
5,173,079

Net Unamortized (Discount)
 
(46,260
)
Total
 
$
10,968,498

(1)
Premiums and discounts are amortized over the life of the debt. See Note 18 for discussion of the debt amounts repaid subsequent to December 31, 2015.