XML 84 R63.htm IDEA: XBRL DOCUMENT v3.6.0.2
Notes Payable and Unsecured Credit Facilities (Details) - USD ($)
$ in Thousands
12 Months Ended
Jan. 26, 2017
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Mar. 01, 2017
Feb. 24, 2017
Jul. 07, 2016
Debt Instrument [Line Items]              
Current Fiscal Year End Date   --12-31          
Document Fiscal Year Focus   2016          
Long-term Debt   $ 1,642,420 $ 1,864,285        
Maturities of Long-term Debt [Abstract]              
2017   91,618          
2018   62,187          
2019   125,205          
2020   239,047          
2021   288,970          
Beyond 5 Years   840,067          
Unamortized debt discounts (premiums)   (4,674)          
Partnership Interest [Member]              
Debt Instrument [Line Items]              
Notes Payable   1,363,925 1,699,771        
Mortgage loans assumed for the acquisition of real estate   0 42,799 $ 103,187      
Proceeds from unsecured credit facilities   460,000 445,000 $ 255,000      
Derivative @ 2.196% 28.1K [Member]              
Debt Instrument [Line Items]              
Derivative, Notional Amount   28,100          
Line of Credit [Member]              
Debt Instrument [Line Items]              
Line of Credit Facility, Maximum Borrowing Capacity   $ 800,000          
Debt Instrument, Maturity Date   May 13, 2019          
Line of Credit Facility, Interest Rate Description   LIBOR plus 0.925%          
Maturities of Long-term Debt [Abstract]              
Line of Credit Facility, Remaining Borrowing Capacity   $ 779,200          
Line of Credit Facility, Annual Fee Description   .0015          
Revolving Credit Facility [Member]              
Debt Instrument [Line Items]              
Debt Instrument, Interest Rate Terms   LIBOR plus 0.95%          
Debt Instrument, Maturity Date   Jan. 05, 2022          
Maturities of Long-term Debt [Abstract]              
Unsecured credit facilities - maximum borrowing capacity   $ 265,000          
Debt Instrument, Unused Borrowing Capacity, Amount   $ 0          
Line of Credit Facility, Annual Fee Description   35          
Line of Credit Facility, Interest Rate at Period End             2.00%
Contractual Rate [Member] | Line of Credit [Member]              
Maturities of Long-term Debt [Abstract]              
Debt, Weighted Average Interest Rate   1.40%          
Contractual Rate [Member] | Revolving Credit Facility [Member]              
Maturities of Long-term Debt [Abstract]              
Debt, Weighted Average Interest Rate   2.00%          
Effective Rate [Member] | Line of Credit [Member]              
Maturities of Long-term Debt [Abstract]              
Debt, Weighted Average Interest Rate   1.70%          
Effective Rate [Member] | Revolving Credit Facility [Member]              
Maturities of Long-term Debt [Abstract]              
Debt, Weighted Average Interest Rate   2.10%          
Mortgages [Member]              
Debt Instrument [Line Items]              
Long-term Debt   $ 384,786 475,214        
Mortgages [Member] | Scheduled Principal Payments [Member]              
Debt Instrument [Line Items]              
Long-term Debt   32,617          
Maturities of Long-term Debt [Abstract]              
2017   5,279          
2018   4,829          
2019   4,205          
2020   4,636          
2021   3,780          
Beyond 5 Years   9,888          
Unamortized debt discounts (premiums)   0          
Mortgages [Member] | Mortgage Loan Maturities [Member]              
Debt Instrument [Line Items]              
Long-term Debt   439,139          
Maturities of Long-term Debt [Abstract]              
2017   86,339          
2018   57,358          
2019   106,000          
2020   84,411          
2021   35,190          
Beyond 5 Years   65,179          
Unamortized debt discounts (premiums)   $ 4,662          
Mortgages [Member] | Fellsway $28.1M, Swap fixed 3.696% [Member]              
Maturities of Long-term Debt [Abstract]              
Debt Instrument, Interest Rate, Effective Percentage   3.696%          
Mortgages [Member] | Blackrock $20M, Swap fixed 2.803% [Member]              
Maturities of Long-term Debt [Abstract]              
Debt Instrument, Interest Rate, Effective Percentage   2.803%          
Mortgages [Member] | London Interbank Offered Rate (LIBOR) [Member]              
Debt Instrument [Line Items]              
Long-term Debt   $ 86,969 34,154        
Mortgages [Member] | Contractual Rate [Member]              
Maturities of Long-term Debt [Abstract]              
Debt, Weighted Average Interest Rate   5.80%          
Mortgages [Member] | Effective Rate [Member]              
Maturities of Long-term Debt [Abstract]              
Debt, Weighted Average Interest Rate   6.00%          
Notes Payable to Banks [Member]              
Debt Instrument [Line Items]              
Long-term Debt   $ 1,363,925 1,699,771        
Secured Debt [Member]              
Debt Instrument [Line Items]              
Debt Instrument, Maturity Date Range, End   Jan. 01, 2032          
Maturities of Long-term Debt [Abstract]              
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Minimum   3.30%          
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Maximum   8.40%          
Unsecured Debt [Member]              
Debt Instrument [Line Items]              
Debt Instrument, Maturity Date Range, End   Jan. 01, 2025          
Long-term Debt   $ 892,170 1,190,403        
Long-term Line of Credit   $ 278,495 164,514        
Maturities of Long-term Debt [Abstract]              
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Minimum   3.75%          
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Maximum   6.00%          
Unsecured Debt [Member] | Unsecured Maturities [Member]              
Debt Instrument [Line Items]              
Long-term Debt   $ 1,170,664          
Maturities of Long-term Debt [Abstract]              
2017   0          
2018   0          
2019   15,000          
2020   150,000          
2021   250,000          
Beyond 5 Years   765,000          
Unamortized debt discounts (premiums)   (9,336)          
Unsecured Debt [Member] | Line of Credit [Member]              
Debt Instrument [Line Items]              
Long-term Line of Credit   15,000 0        
Unsecured Debt [Member] | Revolving Credit Facility [Member]              
Debt Instrument [Line Items]              
Long-term Line of Credit   $ 263,495 $ 164,514        
Unsecured Debt [Member] | Contractual Rate [Member]              
Maturities of Long-term Debt [Abstract]              
Debt, Weighted Average Interest Rate   4.50%          
Unsecured Debt [Member] | Effective Rate [Member]              
Maturities of Long-term Debt [Abstract]              
Debt, Weighted Average Interest Rate   5.30%          
Subsequent Event [Member] | $350M 3.6% Unsecured Debt Offering [Member]              
Debt Instrument [Line Items]              
Debt Instrument, Face Amount $ 350,000            
Debt Instrument, Interest Rate, Stated Percentage 3.60%            
Debt Instrument, Maturity Date Feb. 01, 2027            
Debt Instrument, Redemption Price, Percentage 99.741%            
Subsequent Event [Member] | $300M 4.4% Unsecured Debt Offering [Member]              
Debt Instrument [Line Items]              
Debt Instrument, Face Amount $ 300,000            
Debt Instrument, Interest Rate, Stated Percentage 4.40%            
Debt Instrument, Maturity Date Feb. 01, 2047            
Debt Instrument, Redemption Price, Percentage 99.11%            
Subsequent Event [Member] | Revolving Credit Facility [Member]              
Debt Instrument [Line Items]              
Long-term Line of Credit           $ 300,000  
Subsequent Event [Member] | Mortgages [Member]              
Debt Instrument [Line Items]              
Long-term Debt         $ 285,000    
Subsequent Event [Member] | Line of Credit [Member] | Line of Credit Facility - Unsecured [Member]              
Debt Instrument [Line Items]              
Line of Credit Facility, Maximum Increase Allowed to Borrowing Capacity $ 1,000,000         $ 1,000,000