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Notes Payable and Unsecured Credit Facilities (Tables)
12 Months Ended
Dec. 31, 2015
Debt Instrument [Line Items]  
Schedule of Debt [Table Text Block]
 
December 31,
(in thousands)
2015
 
2014
Notes payable:
 
 
 
Fixed rate mortgage loans
$
477,022

 
518,993

Variable rate mortgage loans (1)
34,154

 
29,839

Fixed rate unsecured loans
1,196,302

 
1,397,525

Total notes payable
1,707,478

 
1,946,357

Unsecured credit facilities:
 
 
 
Line

 

Term Loan
165,000

 
75,000

Total unsecured credit facilities
165,000

 
75,000

Total debt outstanding
$
1,872,478

 
2,021,357

Schedule of Line of Credit Facilities [Table Text Block]
he key terms of the Line and Term Loan follow:
 
December 31, 2015
(in thousands)
Total Capacity
 
Remaining Capacity
 
Maturity
 
Variable Interest Rate (5)
 
Fee
 
Line
$
800,000

(1) 
$
794,100

(2) 
5/13/2019
(3) 
LIBOR plus 0.925 basis points
 
0.150%
(4) 
Term Loan
165,000

 

 
6/27/2019
 
LIBOR plus 0.975 basis points
 
$
35

(6) 
Schedule of Maturities of Long-term Debt [Table Text Block]
cheduled principal payments and maturities on notes payable and unsecured credit facilities were as follows: 
(in thousands)
December 31, 2015
Scheduled Principal Payments and Maturities by Year:
Scheduled
Principal
Payments
 
Mortgage Loan
Maturities
 
Unsecured
Maturities (1)
 
Total
2016
$
6,167

 
41,442

 

 
47,609

2017
5,778

 
117,298

 
300,000

 
423,076

2018
5,103

 
57,358

 

 
62,461

2019
4,130

 
106,000

 
165,000

 
275,130

2020
3,986

 
84,011

 
150,000

 
237,997

Beyond 5 Years
12,347

 
58,254

 
750,000

 
820,601

Unamortized debt premiums (discounts), net

 
9,302

 
(3,698
)
 
5,604

Total notes payable
$
37,511

 
473,665

 
1,361,302

 
1,872,478

Fixed Rate Mortgage Loans [Member]  
Debt Instrument [Line Items]  
Schedule of Long-term Debt Instruments [Table Text Block]
As of December 31, 2015, the key terms of the Company's fixed rate notes payable are as follows:

 
 
 
 
Fixed Interest Rates
 
 
Maturing Through
 
Minimum
 
Maximum
 
Weighted Average
Secured mortgage loans
 
2032
 
3.30%
 
8.40%
 
6.10%
Unsecured public debt
 
2025
 
3.75%
 
6.00%
 
4.80%