XML 48 R33.htm IDEA: XBRL DOCUMENT v3.8.0.1
Notes Payable (Tables)
12 Months Ended
Dec. 31, 2017
Notes Payable [Abstract]  
Summary Of Indebtedness
The following is a summary of our indebtedness:
 
 
December 31,
(in millions)
 
2017
 
2016
Senior unsecured notes (1)
 
 
 
 
5.83% Notes, due 2017
 
$

 
$
246.6

4.78% Notes, due 2021
 
248.7

 
248.4

3.15% Notes, due 2022
 
346.6

 
346.0

5.07% Notes, due 2023
 
247.6

 
247.2

4.36% Notes, due 2024
 
248.5

 
248.2

3.68% Notes, due 2024
 
247.2

 
246.8

 
 
$
1,338.6

 
$
1,583.2

 
 
 
 
 
Secured notes (1)
 
 
 
 
1.92% – 5.77% Conventional Mortgage Notes, due 2018 – 2045
 
866.0

 
866.7

Tax-exempt Mortgage Note
 

 
30.7

 
 
866.0

 
897.4

Total notes payable
 
$
2,204.6

 
$
2,480.6

 
 
 
 
 
Other floating rate debt included in secured notes (1.92%)
 
$
175.0

 
$
175.0

Value of real estate assets, at cost, subject to secured notes
 
$
1,534.9

 
$
1,598.9



(1)
Unamortized debt discounts and debt issuance costs of $12.3 million and $15.7 million are included in senior unsecured and secured notes payable as of December 31, 2017 and 2016, respectively.
Scheduled Repayments On Outstanding Debt
The table below is a summary of the maturity dates of our outstanding debt and principal amortizations, and the weighted average interest rates on such debt, at December 31, 2017:
(in millions) (1)
 
Amount
 
Weighted Average
Interest Rate
2018
 
$
173.7

 
1.9
%
2019
 
643.0

 
5.4

2020 (2)
 
(1.2
)
 

2021
 
249.1

 
4.8

2022
 
349.3

 
3.2

Thereafter
 
790.7

 
4.4

Total
 
$
2,204.6

 
4.3
%

(1)
Includes all available extension options.
(2)
Includes amortization of debt discounts and debt issuance costs, net of scheduled principal payments.