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Notes Payable (Tables)

6 Months Ended

Jun. 30, 2019

Notes Payable [Abstract]

Summary Of Indebtedness

The following is a summary of our indebtedness:

(in millions)		June 30, 2019				December 31, 2018
Commercial banks
3.43% Term Loan, due 2022		$	99.6			$	99.6
Senior unsecured notes
4.78% Notes, due 2021		$	249.3			$	249.1
3.15% Notes, due 2022		347.6				347.3
5.07% Notes, due 2023		248.2				248.0
4.36% Notes, due 2024		248.8				248.7
3.68% Notes, due 2024		247.8				247.6
3.74% Notes, due 2028		396.6				396.1
3.67% Notes, due 2029		593.4				—
		$	2,331.7			$	1,736.8
Total unsecured notes payable		$	2,431.3			$	1,836.4
Secured notes
4.38% Conventional Mortgage Loan, due 2045		$	45.5			$	45.9
5.19% Conventional Mortgage Notes, due 2019		—				419.9
5.33% Conventional Mortgage Loan, due 2019		—				19.4
Total secured notes payable		$	45.5			$	485.2
Total notes payable (1)		$	2,476.8			$	2,321.6

(1)

Unamortized debt discounts and debt issuance costs of $18.8 million and $13.9 million are included in senior unsecured and secured notes payable as of June 30, 2019 and December 31, 2018, 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 June 30, 2019: 

(in millions) (1)		Amount				Weighted Average  Interest Rate (2)
2019		$	(1.3	)		—	%
2020		(2.5		)		—
2021		247.9				4.8
2022		448.2				3.2
2023		249.2				5.1
Thereafter		1,535.3				3.9
Total		$	2,476.8			4.0	%

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

(2)

Includes the effects of the applicable settled forward interest rate swaps.

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Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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