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Notes Payable and Unsecured Line of Credit Notes Payable and Unsecured Line of Credit (Tables)
6 Months Ended
Jun. 30, 2011
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments [Table Text Block]
The Company’s outstanding debt at June 30, 2011 and December 31, 2010 consists of the following (in thousands): 
 
 
2011
 
2010
Notes payable:
 
 
 
 
Fixed rate mortgage loans
$
417,712


 
402,151


Variable rate mortgage loans
 
12,767


 
11,189


Fixed rate unsecured loans
 
1,509,666


 
1,671,129


Total notes payable
 
1,940,145


 
2,084,469


Unsecured line of credit
 
30,000


 
10,000


Total
$
1,970,145


 
2,094,469


Schedule of Maturities of Long-term Debt [Table Text Block]
As of June 30, 2011, scheduled principal payments and maturities on notes payable were as follows (in thousands): 
Scheduled Principal Payments and Maturities by Year:
 
Scheduled
Principal
Payments
 
Mortgage Loan
Maturities
 
Unsecured
Maturities (1)
 
Total
2011
$
2,825


 
8,850


 
20,000


 
31,675


2012
 
5,836


 


 
222,377


 
228,213


2013
 
5,763


 
16,342


 


 
22,105


2014
 
5,174


 
20,928


 
150,000


 
176,102


2015
 
3,783


 
46,313


 
350,000


 
400,096


Beyond 5 Years
 
11,398


 
302,238


 
800,000


 
1,113,636


Unamortized debt (discounts)/premiums, net
 


 
1,029


 
(2,711
)
 
(1,682
)
Total
$
34,779


 
395,700


 
1,539,666


 
1,970,145




(1) Includes unsecured public debt and the Line. The Line is included in 2012 maturities and matures in February 2012.