XML 40 R44.htm IDEA: XBRL DOCUMENT
v3.3.0.814

Fair Value Measurements (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2015
Fair Value Measurements |
Fair value measurements of financial assets and liabilities (in thousands) |
Financial Instrument(1) |  | Fair Value |  | Level 1 |  | Level 2 |  | Level 3 |
Marketable equity securities |  | $ | 1,254 |  | $ | 1,254 |  | $ | — |  | $ | — |
Interest-rate swap liabilities |  |  | 7,655 |  |  | — |  |  | 7,655 |  |  | — |
Currency swap assets |  |  | 1,118 |  |  | — |  |  | 1,118 |  |  | — |
Warrants |  |  | 43 |  |  | — |  |  | — |  |  | 43 |
| (1) |  | Interest rate and currency swaps, as well as common stock warrant fair values, are determined based on observable and unobservable market assumptions utilizing standardized derivative pricing models.
Summary of the carrying values and fair values of financial instruments (in thousands) |
|  | September 30, 2015 |  | December 31, 2014 |
|  | Carrying |  |  |  |  | Carrying |  |  |  |
|  | Value |  | Fair Value |  | Value |  | Fair Value |
Loans receivable, net(2) |  | $ | 765,593 |  | $ | 779,525 |  | $ | 906,961 |  | $ | 898,522 |
Marketable debt securities(2) |  |  | 118,019 |  |  | 118,019 |  |  | 231,442 |  |  | 252,125 |
Marketable equity securities(1) |  |  | 1,254 |  |  | 1,254 |  |  | 43 |  |  | 43 |
Warrants(3) |  |  | 43 |  |  | 43 |  |  | 2,220 |  |  | 2,220 |
Bank line of credit(2) |  |  | 1,000,824 |  |  | 1,000,824 |  |  | 838,516 |  |  | 838,516 |
Term loans(2) |  |  | 540,784 |  |  | 540,784 |  |  | 213,610 |  |  | 213,610 |
Senior unsecured notes(1) |  |  | 8,568,729 |  |  | 8,865,860 |  |  | 7,626,194 |  |  | 8,187,458 |
Mortgage debt(2) |  |  | 939,982 |  |  | 984,286 |  |  | 984,431 |  |  | 1,025,091 |
Other debt(2) |  |  | 94,561 |  |  | 94,561 |  |  | 97,022 |  |  | 97,022 |
Interest-rate swap assets(2) |  |  | — |  |  | — |  |  | 178 |  |  | 178 |
Interest-rate swap liabilities(2) |  |  | 7,655 |  |  | 7,655 |  |  | 7,663 |  |  | 7,663 |
Currency swap assets(2) |  |  | 1,118 |  |  | 1,118 |  |  | 929 |  |  | 929 |
| (1) |  | Level 1: Fair value calculated based on quoted prices in active markets.
| (2) |  | Level 2: Fair value based on quoted prices for similar or identical instruments in active or inactive markets, respectively, or calculated utilizing standardized pricing models in which significant inputs or value drivers are observable in active markets.
| (3) |  | Level 3: Fair value determined based on significant unobservable market inputs using standardized derivative pricing models.

X
- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=49121117&loc=d3e13476-108611 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=49121117&loc=d3e13467-108611 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6447952&loc=d3e13220-108610 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=49121117&loc=d3e13433-108611 + Details
Name: | us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FinancialInstrumentsOwnedAtFairValueAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19190-110258 + Details
Name: | us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration