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Indebtedness (Tables)
3 Months Ended
Mar. 31, 2013
Debt Disclosure [Abstract]  
Information Regarding Indebtedness
The following table discloses certain information regarding our indebtedness:
 
Outstanding Balance at
 
Interest
Rate at
March 31, 2013
 
Effective
Interest
Rate at Issuance
 
Maturity Date
 
March 31,
2013
 
December 31,
2012
 
Mortgage Loans Payable, Net
$
745,832

 
$
763,616

 
4.03% - 8.26%

 
4.03% - 8.26%

 
January 2014 - September 2022
Unamortized Premiums
(151
)
 
(161
)
 
 
 
 
 
 
Mortgage Loans Payable, Gross
$
745,681

 
$
763,455

 
 
 
 
 
 
Senior Unsecured Notes, Net
 
 
 
 
 
 
 
 
 
2016 Notes
$
159,524

 
$
159,510

 
5.750
%
 
5.91
%
 
1/15/2016
2017 Notes
55,386

 
55,385

 
7.500
%
 
7.52
%
 
12/1/2017
2027 Notes
6,066

 
6,066

 
7.150
%
 
7.11
%
 
5/15/2027
2028 Notes
51,264

 
55,261

 
7.600
%
 
8.13
%
 
7/15/2028
2032 Notes
11,501

 
11,500

 
7.750
%
 
7.87
%
 
4/15/2032
2014 Notes
80,040

 
79,683

 
6.420
%
 
6.54
%
 
6/1/2014
2017 II Notes
106,752

 
106,745

 
5.950
%
 
6.37
%
 
5/15/2017
Subtotal
$
470,533

 
$
474,150

 
 
 
 
 
 
Unamortized Discounts
2,187

 
2,570

 
 
 
 
 
 
Senior Unsecured Notes, Gross
$
472,720

 
$
476,720

 
 
 
 
 
 
Unsecured Credit Facility
$
18,000

 
$
98,000

 
1.904
%
 
1.904
%
 
12/12/2014
Senior Unsecured Notes Repurchases
During the three months ended March 31, 2013, we repurchased and retired the following senior unsecured notes prior to maturity:
 
Principal
Amount
Repurchased
 
Purchase
Price
2028 Notes
4,000

 
4,566

Schedule of Maturities of Long-term Debt
The following is a schedule of the stated maturities and scheduled principal payments as of March 31, 2013 of our indebtedness, exclusive of premiums and discounts, for the next five years ending December 31, and thereafter:
 
Amount
Remainder of 2013
$
10,626

2014
153,811

2015
49,862

2016
295,309

2017
174,153

Thereafter
552,640

Total
$
1,236,401

Summary of Indebtedness at Estimated Fair Value
At March 31, 2013 and December 31, 2012, the fair values of our indebtedness were as follows:
 
March 31, 2013
 
December 31, 2012
 
Carrying
Amount
 
Fair
Value
 
Carrying
Amount
 
Fair
Value
Mortgage Loans Payable, Net
$
745,832

 
$
794,940

 
$
763,616

 
$
814,915

Senior Unsecured Notes, Net
470,533

 
517,288

 
474,150

 
516,943

Unsecured Credit Facility
18,000

 
18,031

 
98,000

 
98,192

Total
$
1,234,365

 
$
1,330,259

 
$
1,335,766

 
$
1,430,050