| Summary of senior notes payable and other debt |
The following is a summary of our senior notes payable and other debt as of March 31, 2014 and December 31, 2013: | | | | | | | | | | March 31,
2014 | | December 31,
2013 | | (In thousands) | Unsecured revolving credit facility (1) | $ | 559,299 |
| | $ | 376,343 |
| 3.125% Senior Notes due 2015 | 400,000 |
| | 400,000 |
| 6% Senior Notes due 2015 | 234,420 |
| | 234,420 |
| 1.55% Senior Notes due 2016 | 550,000 |
| | 550,000 |
| 2.00% Senior Notes due 2018 | 700,000 |
| | 700,000 |
| Unsecured term loan due 2018 (2) | 200,000 |
| | 200,000 |
| Unsecured term loan due 2019 (2) | 796,165 |
| | 800,702 |
| 4.00% Senior Notes due 2019 | 600,000 |
| | 600,000 |
| 2.700% Senior Notes due 2020 | 500,000 |
| | 500,000 |
| 4.750% Senior Notes due 2021 | 700,000 |
| | 700,000 |
| 4.25% Senior Notes due 2022 | 600,000 |
| | 600,000 |
| 3.25% Senior Notes due 2022 | 500,000 |
| | 500,000 |
| 6.90% Senior Notes due 2037 | 52,400 |
| | 52,400 |
| 6.59% Senior Notes due 2038 | 22,973 |
| | 22,973 |
| 5.45% Senior Notes due 2043 | 258,750 |
| | 258,750 |
| 5.70% Senior Notes due 2043 | 300,000 |
| | 300,000 |
| Mortgage loans and other (3) | 2,468,629 |
| | 2,524,889 |
| Total | 9,442,636 |
| | 9,320,477 |
| Unamortized fair value adjustment | 62,578 |
| | 69,611 |
| Unamortized discounts | (24,163 | ) | | (25,096 | ) | Senior notes payable and other debt | $ | 9,481,051 |
| | $ | 9,364,992 |
|
| | (1) | $192.3 million of aggregate borrowings were in the form of Canadian dollars or pounds sterling as of March 31, 2014. Subsequent to March 31, 2014, we repaid substantially all amounts outstanding under our unsecured revolving credit facility. |
| | (2) | These amounts represent in aggregate the approximate $1.0 billion of unsecured term loan borrowings under our unsecured credit facility. $112.6 million of borrowings included in the 2019 tranche are in the form of Canadian dollars. |
| | (3) | Excludes debt related to a real estate asset classified as held for sale as of December 31, 2013 and sold in March 2014. The total mortgage debt for this property as of December 31, 2013 was $13.1 million and was 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 March 31, 2014, our indebtedness had the following maturities: | | | | | | | | | | | | | | | | | | Principal Amount Due at Maturity | | Unsecured Revolving Credit Facility (1) | | Scheduled Periodic Amortization | | Total Maturities | | (In thousands) | 2014 | $ | 62,634 |
| | $ | — |
| | $ | 34,197 |
| | $ | 96,831 |
| 2015 | 918,459 |
| | — |
| | 40,730 |
| | 959,189 |
| 2016 | 960,917 |
| | — |
| | 33,708 |
| | 994,625 |
| 2017 | 540,072 |
| | — |
| | 21,964 |
| | 562,036 |
| 2018 | 1,082,497 |
| | 559,299 |
| | 15,446 |
| | 1,657,242 |
| Thereafter (2) | 5,025,751 |
| | — |
| | 146,962 |
| | 5,172,713 |
| Total maturities | $ | 8,590,330 |
| | $ | 559,299 |
| | $ | 293,007 |
| | $ | 9,442,636 |
|
| | (1) | As of March 31, 2014, we had $59.8 million of unrestricted cash and cash equivalents, for $499.5 million of net borrowings outstanding under our unsecured revolving credit facility. Subsequent to March 31, 2014, we repaid substantially all amounts outstanding under our unsecured revolving credit facility. |
| | (2) | Includes $52.4 million aggregate principal amount of our 6.90% senior notes due 2037 that is subject to repurchase, at the option of the holders, on October 1 in each of 2017 and 2027, and $23.0 million aggregate principal amount of 6.59% senior notes due 2038 that is subject to repurchase, at the option of the holders, on July 7 in each of 2018, 2023 and 2028. |
|