Indebtedness (Tables)

9 Months Ended

Sep. 30, 2013

Debt Disclosure [Abstract]

Information Regarding Indebtedness

The following table discloses certain information regarding our indebtedness:

	Outstanding Balance at						Interest Rate at September 30, 2013		Effective Interest Rate at Issuance		Maturity Date
	September  30, 2013			December 31, 2012
Mortgage Loans Payable, Net	$	713,011		$	763,616		4.03% - 8.26%		4.03% - 8.26%		January 2014 - September 2022
Unamortized Premiums	(121		)	(161		)
Mortgage Loans Payable, Gross	$	712,890		$	763,455
Senior Unsecured Notes, Net
2016 Notes	$	159,552		$	159,510		5.750	%	5.91	%	1/15/2016
2017 Notes	54,959			55,385			7.500	%	7.52	%	12/1/2017
2027 Notes	6,066			6,066			7.150	%	7.11	%	5/15/2027
2028 Notes	31,883			55,261			7.600	%	8.13	%	7/15/2028
2032 Notes	10,512			11,500			7.750	%	7.87	%	4/15/2032
2014 Notes	80,772			79,683			6.420	%	6.54	%	6/1/2014
2017 II Notes	101,771			106,745			5.950	%	6.37	%	5/15/2017
Subtotal	$	445,515		$	474,150
Unamortized Discounts	1,381			2,570
Senior Unsecured Notes, Gross	$	446,896		$	476,720
Unsecured Credit Facility	$	171,000		$	98,000		1.631	%	1.631	%	9/29/2017	*

* The maturity date may be extended an additional year at our election, subject to certain restrictions.

Senior Unsecured Notes Repurchases

During the nine months ended September 30, 2013, we repurchased and retired the following senior unsecured notes prior to maturity:

	Principal Amount Repurchased		Purchase Price
2017 Notes	$	430	$	482
2017 II Notes	5,000		5,300
2028 Notes	23,394		26,547
2032 Notes	1,000		1,163
Total	$	29,824	$	33,492

Schedule of Maturities of Long-term Debt

The following is a schedule of the stated maturities and scheduled principal payments as of September 30, 2013 of our indebtedness, exclusive of premiums and discounts, for the next five years ending December 31, and thereafter:

	Amount
Remainder of 2013	$	3,395
2014	135,130
2015	37,987
2016	282,304
2017	339,723
Thereafter	532,247
Total	$	1,330,786

Summary of Indebtedness at Estimated Fair Value

At September 30, 2013 and December 31, 2012, the fair values of our indebtedness were as follows:

	September 30, 2013				December 31, 2012
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Mortgage Loans Payable, Net	$	713,011	$	731,084	$	763,616	$	814,915
Senior Unsecured Notes, Net	445,515		483,604		474,150		516,943
Unsecured Credit Facility	171,000		171,000		98,000		98,192
Total	$	1,329,526	$	1,385,688	$	1,335,766	$	1,430,050