XML 61 R47.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Notes Payable (Details) - USD ($) $ in Thousands | 1 Months Ended | 3 Months Ended | 12 Months Ended |
--- | --- | --- | --- | ---
Mar. 31, 2017 | Mar. 31, 2017 | Dec. 31, 2016 | Sep. 30, 2014
Debt instrument |  |  |  |
Total principal amount | $ 4,675,000 | $ 4,675,000 | $ 3,975,000 |
Unamortized original issuance discounts and deferred financing costs | (34,000) | (34,000) | (41,000) |
Notes payable, net | 4,641,094 | 4,641,094 | 3,934,433 |
Maturity of notes and bonds payable |  |  |  |
2017 | 175,000 | 175,000 |  |
2018 | 350,000 | 350,000 |  |
2019 | 550,000 | 550,000 |  |
2021 | 250,000 | 250,000 |  |
Thereafter | 3,350,000 | 3,350,000 |  |
Totals | 4,675,000 | 4,675,000 |  |
5.375% notes, issued in September 2005 and due in September 2017 |  |  |  |
Debt instrument |  |  |  |
Total principal amount | $ 175,000 | $ 175,000 | $ 175,000 |
Interest rate (as a percent) | 5.375% | 5.375% | 5.375% |
2.000% notes, issued in October 2012 and due in January 2018 |  |  |  |
Debt instrument |  |  |  |
Total principal amount | $ 350,000 | $ 350,000 | $ 350,000 |
Interest rate (as a percent) | 2.00% | 2.00% | 2.00% |
6.750% notes, issued in September 2007 and due in August 2019 |  |  |  |
Debt instrument |  |  |  |
Total principal amount | $ 550,000 | $ 550,000 | $ 550,000 |
Interest rate (as a percent) | 6.75% | 6.75% | 6.75% |
5.750% notes, issued in June 2010 and due in January 2021 |  |  |  |
Debt instrument |  |  |  |
Total principal amount | $ 250,000 | $ 250,000 | $ 250,000 |
Interest rate (as a percent) | 5.75% | 5.75% | 5.75% |
3.250% notes, issued in October 2012 and due in October 2022 |  |  |  |
Debt instrument |  |  |  |
Total principal amount | $ 450,000 | $ 450,000 | $ 450,000 |
Interest rate (as a percent) | 3.25% | 3.25% | 3.25% |
4.650% notes, issued in July 2013 and due in August 2023 |  |  |  |
Debt instrument |  |  |  |
Total principal amount | $ 750,000 | $ 750,000 | $ 750,000 |
Interest rate (as a percent) | 4.65% | 4.65% | 4.65% |
3.875% notes, issued in June 2014 and due in July 2024 |  |  |  |
Debt instrument |  |  |  |
Total principal amount | $ 350,000 | $ 350,000 | $ 350,000 |
Interest rate (as a percent) | 3.875% | 3.875% | 3.875% |
4.125% notes, $250 issued in September 2014 and $400 issued in March 2017, all of which are due in October 2026 |  |  |  |
Debt instrument |  |  |  |
Total principal amount | $ 650,000 | $ 650,000 | $ 250,000 |
Interest rate (as a percent) | 4.125% | 4.125% | 4.125% |
4.125% notes, issued in September 2014 and due in October 2026 |  |  |  |
Debt instrument |  |  |  |
Issuance of Debt |  | $ 250,000 | $ 250,000 |
4.125% notes, issued in March 2017 and due in October 2026 |  |  |  |
Debt instrument |  |  |  |
Issuance of Debt |  | 400,000 |  |
3.000% notes, issued in October 2016 and due in January 2027 |  |  |  |
Debt instrument |  |  |  |
Total principal amount | $ 600,000 | $ 600,000 | $ 600,000 |
Interest rate (as a percent) | 3.00% | 3.00% | 3.00% |
5.875% bonds, $100 issued in March 2005 and $150 issued in June 2011, all of which are due in March 2035 |  |  |  |
Debt instrument |  |  |  |
Total principal amount | $ 250,000 | $ 250,000 | $ 250,000 |
Interest rate (as a percent) | 5.875% | 5.875% | 5.875% |
5.875% bonds, issued in March 2005 and due in March 2035 |  |  |  |
Debt instrument |  |  |  |
Issuance of Debt |  | $ 100,000 | $ 100,000 |
5.875% bonds, issued in June 2011 and due in March 2035 |  |  |  |
Debt instrument |  |  |  |
Issuance of Debt |  | $ 150,000 | $ 150,000 |
Notes and bonds payable |  |  |  |
Debt instrument |  |  |  |
Weighted average interest rate | 4.40% | 4.40% |  |
Weighted average remaining years until maturity |  | 8 years 1 month 6 days |  |
4.650% senior unsecured notes due 2047 |  |  |  |
Debt instrument |  |  |  |
Total principal amount | $ 300,000 | $ 300,000 |  |
Interest rate (as a percent) | 4.65% | 4.65% | 4.65% |
Percentage price paid to the investor | 99.97% | 99.97% |  |
Effective yield (as a percent) | 4.65% | 4.65% |  |
4.125% senior unsecured notes due 2026 |  |  |  |
Debt instrument |  |  |  |
Total principal amount | $ 400,000 | $ 400,000 |  | $ 250,000
Interest rate (as a percent) | 4.125% | 4.125% |  |
Percentage price paid to the investor | 102.98% | 102.98% |  |
Effective yield (as a percent) | 3.75% | 3.75% |  |
Proceeds from issuance of debt | $ 705,200 |  |  |

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