| Summary of senior notes payable and other debt |
The following is a summary of our senior notes payable and other debt as of December 31, 2012 and 2011:
| | | | | | | | | | 2012 | | 2011 | | (In thousands) | Unsecured revolving credit facilities | $ | 540,727 |
| | $ | 455,578 |
| 9% Senior Notes due 2012 | — |
| | 82,433 |
| 8¼% Senior Notes due 2012 | — |
| | 72,950 |
| Unsecured term loan due 2013 | — |
| | 200,000 |
| 6.25% Senior Notes due 2013 | 269,850 |
| | 269,850 |
| Unsecured term loan due 2015(1) | 130,336 |
| | 126,875 |
| 3.125% Senior Notes due 2015 | 400,000 |
| | 400,000 |
| 6% Senior Notes due 2015 | 234,420 |
| | 234,420 |
| 6½% Senior Notes due 2016 | — |
| | 200,000 |
| Unsecured term loan due 2017(1) | 375,000 |
| | 375,000 |
| 6¾% Senior Notes due 2017 | — |
| | 225,000 |
| Unsecured term loan due 2018 | 180,000 |
| | — |
| 2.00% Senior Notes due 2018 | 700,000 |
| | — |
| 4.00% Senior Notes due 2019 | 600,000 |
| | — |
| 4.750% Senior Notes due 2021 | 700,000 |
| | 700,000 |
| 4.25% Senior Notes due 2022 | 600,000 |
| | — |
| 3.25% Senior Notes due 2022 | 500,000 |
| | — |
| 6.90% Senior Notes due 2037 | 52,400 |
| | 52,400 |
| 6.59% Senior Notes due 2038 | 22,973 |
| | 22,973 |
| Mortgage loans and other(2) | 2,880,609 |
| | 2,762,964 |
| Total | 8,186,315 |
| | 6,180,443 |
| Capital lease obligations | 142,412 |
| | 143,006 |
| Unamortized fair value adjustment | 111,623 |
| | 144,923 |
| Unamortized discounts | (26,704 | ) | | (39,256 | ) | Senior notes payable and other debt | $ | 8,413,646 |
| | $ | 6,429,116 |
|
_______ | | (1) | These amounts represent in aggregate the approximate $500.0 million of borrowings outstanding under our unsecured term loan facility. Certain amounts included in the 2015 tranche are in the form of Canadian dollar borrowings. |
| | (2) | Excludes debt related to real estate assets classified as held for sale as of December 31, 2012 and 2011, respectively. The total mortgage debt for these properties as of December 31, 2012 and 2011 was $23.2 million and $14.6 million, respectively, and is included in accounts payable and other liabilities on our Consolidated Balance Sheets. |
|
| Scheduled maturities of borrowing arrangements and other provisions excluding capital lease obligations |
As of December 31, 2012, our indebtedness (excluding capital lease obligations) had the following maturities: | | | | | | | | | | | | | | | | | | Principal Amount Due at Maturity | | Unsecured Revolving Credit Facility(1) | | Scheduled Periodic Amortization | | Total Maturities | | (In thousands) | 2013 (2) | $ | 501,029 |
| | $ | — |
| | $ | 52,198 |
| | $ | 553,227 |
| 2014 | 291,708 |
| | — |
| | 47,960 |
| | 339,668 |
| 2015 | 1,073,272 |
| | 540,727 |
| | 38,673 |
| | 1,652,672 |
| 2016 | 410,917 |
| | — |
| | 31,601 |
| | 442,518 |
| 2017 | 922,731 |
| | — |
| | 19,427 |
| | 942,158 |
| Thereafter(2)(3) | 4,098,227 |
| | — |
| | 157,845 |
| | 4,256,072 |
| Total maturities | $ | 7,297,884 |
| | $ | 540,727 |
| | $ | 347,704 |
| | $ | 8,186,315 |
|
| | (1) | At December 31, 2012, we had $67.9 million of unrestricted cash and cash equivalents, for $472.8 million of net borrowings outstanding under our unsecured revolving credit facility. |
| | (2) | Excludes debt related to one property classified as held for sale as of December 31, 2012. The total mortgage debt for this property as of December 31, 2012 was $23.2 million and is scheduled to mature in 2013. |
| | (3) | Includes $52.4 million aggregate principal amount of our 6.90% senior notes due 2037 that are subject to repurchase, at the option of the holders, on October 1 in each of the years 2017 and 2027, and $23.0 million aggregate principal amount of our 6.59% senior notes due 2038 that are subject to repurchase, at the option of the holders, on July 7 in each of the years 2013, 2018, 2023 and 2028. |
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