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Notes Payable (Tables)
6 Months Ended
Jun. 30, 2014
Notes Payable [Abstract]  
Summary Of Indebtedness
The following is a summary of our indebtedness:
 
Balance at
(in millions)
June 30,
2014
 
December 31, 2013
Commercial Banks
 
 
 
Unsecured line of credit and short-term borrowings
$
180.0

 
$

 


 


Senior unsecured notes
 
 
 
5.08% Notes, due 2015
249.8

 
249.7

5.75% Notes, due 2017
246.4

 
246.4

4.70% Notes, due 2021
248.9

 
248.8

3.07% Notes, due 2022
346.8

 
346.7

5.00% Notes, due 2023
247.8

 
247.7

4.27% Notes, due 2024
249.6

 
249.5

 
1,589.3

 
1,588.8

 
 
 
 
Total unsecured notes payable
1,769.3

 
1,588.8

 
 
 
 
Secured notes
 
 
 
0.95% – 5.63% Conventional Mortgage Notes, due 2014 – 2045
895.4

 
905.7

Tax-exempt Mortgage Note, due 2028 (1.26% floating rate)
35.5

 
36.3

 
930.9

 
942.0

Total notes payable
$
2,700.2

 
$
2,530.8

 
 
 
 
Other floating rate debt included in secured notes (0.95%)
$
175.0

 
$
175.0

Scheduled Repayments On Outstanding Debt
Scheduled repayments on outstanding debt, including our unsecured line of credit, short-term borrowings and scheduled principal amortizations, and the respective weighted average interest rates on maturing debt at June 30, 2014 were as follows: 
(in millions)
Amount
 
Weighted Average Interest Rate
2014 (1)
$
54.8

 
2.2
%
2015 (2)
402.0

 
3.5

2016 (3)
2.2

 

2017
249.2

 
5.7

2018
177.6

 
0.9

Thereafter
1,814.4

 
4.5

Total
$
2,700.2

 
4.2
%
(1) Includes $30.0 million of short-term borrowings.
(2) Includes $150.0 million balance outstanding under our unsecured line of credit.
(3) Includes only scheduled principal amortizations.