Indebtedness (Details) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | 3 Months Ended | 3 Months Ended | 0 Months Ended | 0 Months Ended | 3 Months Ended | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2014
|
Dec. 31, 2013
|
Mar. 31, 2014
Unsecured revolving credit facility
|
Mar. 31, 2013
Unsecured revolving credit facility
|
May 05, 2014
Unsecured revolving credit facility
Subsequent event
|
Mar. 31, 2014
Unsecured term loan
|
Mar. 31, 2013
Unsecured term loan
|
Mar. 31, 2014
Unsecured senior notes
|
Feb. 15, 2014
Senior Notes, due 2014 at 7.875%
|
Dec. 31, 2013
Senior Notes, due 2014 at 7.875%
|
Mar. 12, 2014
Senior Notes, due 2024 at 4.65%
|
Mar. 31, 2014
Senior Notes, due 2024 at 4.65%
|
Mar. 31, 2014
Convertible senior notes, due 2027 at 3.8%
|
Dec. 31, 2013
Convertible senior notes, due 2027 at 3.8%
|
Mar. 31, 2014
Revolving credit facility and term loan
|
|
Indebtedness | |||||||||||||||
Unsecured term loan outstanding | $ 400,000 | ||||||||||||||
Unsecured senior notes | 2,355,000 | ||||||||||||||
Convertible senior notes | 8,478 | 8,478 | 8,478 | ||||||||||||
Current amount outstanding under revolving credit facility | 0 | 0 | |||||||||||||
Extendable term of credit facility | 1 year | ||||||||||||||
Amount available under revolving credit facility | 750,000 | 750,000 | |||||||||||||
Maximum borrowing capacity that may be increased | 2,300,000 | ||||||||||||||
Debt instrument, interest rate description | LIBOR | LIBOR | |||||||||||||
Margin over base rate before amendment, in basis points (as a percent) | 1.30% | 1.45% | |||||||||||||
Margin over base rate, in basis points (as a percent) | 1.10% | 1.20% | |||||||||||||
Interest rate payable for facility fees before amendment, (as a percent) | 0.30% | ||||||||||||||
Interest rate payable for facility fees (as a percent) | 0.20% | ||||||||||||||
Weighted average interest rate for borrowings (as a percent) | 1.25% | 1.51% | 1.38% | 1.66% | |||||||||||
Loss on extinguishment of debt | (214) | (214) | |||||||||||||
Interest rate (as a percent) | 1.35% | ||||||||||||||
Issuance of senior notes | 2,345,151 | 2,295,527 | 350,000 | ||||||||||||
Interest rate stated percentage | 7.875% | 7.875% | 4.65% | 4.65% | 3.80% | 3.80% | |||||||||
Principal balance of debt repaid | 300,000 | ||||||||||||||
Debt redeemed | 311,813 | ||||||||||||||
Proceeds from issuance of senior notes, net of underwriting discounts and other offering expenses | $ 346,616 | $ 345,999 |