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Unsecured Debt and Lines of Credit (Tables)
3 Months Ended
Mar. 31, 2013
Unsecured Debt and Lines of Credit [Abstract]  
Schedule of unsecured debt and lines of credit
Unsecured debt and lines of credit consist of the following as of March 31, 2013 and December 31, 2012 ($ in thousands):

 
 
 
 
 
 
 
Weighted Average
 
 
March 31,
 
 
December 31,
 
 
Maturity
 
 
2013
 
 
2012
 
 
In Years
 
 
 
 
 
 
 
 
 
 
Bonds private placement - fixed rate
 
$
465,000
 
 
$
465,000
 
 
 
6.0
 
Term loan - variable rate
 
 
350,000
 
 
 
350,000
 
 
 
3.9
 
Bonds public offering - fixed rate
 
 
297,159
 
 
 
297,084
 
 
 
9.4
 
Unsecured debt
 
 
1,112,159
 
 
 
1,112,084
 
 
 
 
 
Lines of credit
 
 
102,300
 
 
 
141,000
 
 
 
2.7
 
Total unsecured debt and lines of credit
 
$
1,214,459
 
 
$
1,253,084
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average interest rate on fixed rate unsecured bonds
 
 
4.2
%
 
 
4.2
%
 
 
 
 
Weighted average interest rate on variable rate term loan
 
 
2.6
%
 
 
2.7
%
 
 
 
 
Weighted average interest rate on line of credit
 
 
2.1
%
 
 
2.3
%