XML 23 R33.htm IDEA: XBRL DOCUMENT v2.4.0.6
Notes Payable (Tables)
12 Months Ended
Dec. 31, 2012
Notes Payable [Abstract]  
Summary Of Indebtedness
The following is a summary of our indebtedness:
 
 
 
December 31,
(in millions)
 
2012
 
2011
Senior unsecured notes
 
 
 
 
5.93% Notes, due 2012
 
$

 
$
189.6

5.45% Notes, due 2013
 
199.9

 
199.7

5.08% Notes, due 2015
 
249.5

 
249.3

5.75% Notes, due 2017
 
246.3

 
246.2

4.70% Notes, due 2021
 
248.7

 
248.6

3.07% Notes, due 2022
 
346.3

 

5.00% Notes, due 2023
 
247.5

 
247.3

 
 
1,538.2

 
1,380.7

 
 
 
 
 
Secured notes
 
 
 
 
1.02% – 6.00% Conventional Mortgage Notes, due 2013 – 2045
 
934.6

 
1,012.3

1.37% Tax-exempt Mortgage Note, due 2028
 
37.7

 
39.1

 
 
972.3

 
1,051.4

Total notes payable
 
$
2,510.5

 
$
2,432.1

Floating rate tax-exempt debt included in secured notes (1.37%)
 
$
37.7

 
$
39.1

Floating rate debt included in secured notes (1.02%)
 
175.0

 
206.4

Value of real estate assets, at cost, subject to secured notes
 
1,584.7

 
1,651.0

Scheduled Repayments On Outstanding Debt
Our indebtedness had a weighted average maturity of 7.0 years at December 31, 2012. Scheduled repayments on outstanding debt, including scheduled principal amortizations, and the weighted average interest rate on maturing debt at December 31, 2012 were as follows:
 
(in millions)
 
Amount
 
Weighted Average
Interest Rate
2013
 
$
229.2

 
5.4
%
2014
 
35.4

 
3.2

2015
 
252.0

 
5.1

2016 (1)
 
2.3

 

2017
 
249.2

 
5.7

Thereafter
 
1,742.4

 
4.2

Total
 
$
2,510.5

 
4.5
%
(1)
Includes only scheduled principal amortizations.