XML 32 R28.htm IDEA: XBRL DOCUMENT v2.4.0.6
Notes Payable (Tables)
 9 Months Ended
Sep. 30, 2012
Notes Payable [Abstract]  
Summary Of Indebtedness
The following is a summary of our indebtedness:
 
Balance at
(in millions)
September 30,
2012
 
December 31,
2011
Commercial Banks
 
 
 
Unsecured line of credit and short-term borrowings
$
34.0

 
$
—

 
34.0

 
—

 


 


Senior unsecured notes
 
 
 
5.93% Notes, due 2012
189.6

 
189.6

5.45% Notes, due 2013
199.8

 
199.7

5.08% Notes, due 2015
249.5

 
249.3

5.75% Notes, due 2017
246.3

 
246.2

4.70% Notes, due 2021
248.7

 
248.6

5.00% Notes, due 2023
247.4

 
247.3

 
1,381.3

 
1,380.7

Total unsecured notes payable
1,415.3

 
1,380.7

 
 
 
 
Secured notes
 
 
 
0.96% – 6.00% Conventional Mortgage Notes, due 2013 – 2045
940.3

 
1,012.3

1.35% Tax-exempt Mortgage Note due 2028
38.1

 
39.1

 
978.4

 
1,051.4

Total notes payable
$
2,393.7

 
$
2,432.1

 
 
 
 
Floating rate tax-exempt debt included in secured notes (1.35%)
$
38.1

 
$
39.1

Floating rate debt included in secured notes (0.96% - 1.69%)
206.4

 
206.4
Scheduled Repayments On Outstanding Debt
Scheduled repayments on outstanding debt, including our line of credit and scheduled principal amortizations, and the weighted average interest rate on maturing debt at September 30, 2012 were as follows: 
(in millions)
Amount
 
Weighted Average Interest Rate
2012
$
190.3

 
5.9
%
2013 (1)
259.5

 
4.9

2014
11.0

 
6.0

2015
286.4

 
4.6

2016 (2)
2.6

 
—

2017 and thereafter
1,643.9

 
4.6

Total
$
2,393.7

 
4.8
%
(1) Includes $31.5 million of secured debt which was repaid subsequent to September 30, 2012 in conjunction with the acquisition of the remaining 75% interest in a fully-consolidated joint venture.
(2) Includes only scheduled principal amortizations.