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Indebtedness (Tables) | 9 Months Ended
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Sep. 30, 2012
Information Regarding Indebtedness | The following table discloses certain information regarding our indebtedness:
|  | Outstanding Balance at |  |  | Interest Rate at September 30, 2012 |  |  | Effective Interest Rate at Issuance |  |  | Maturity Date
|  | September 30, 2012 |  |  | December 31, 2011 |  |  |  |
Mortgage and Other Loans Payable, Net |  | $ | 781,366 |  |  | $ | 690,256 |  |  |  | 4.03% - 9.25 | % |  |  | 4.03% - 9.25 | % |  | January 2013 - September 2022
Unamortized Premiums |  |  | (257 | ) |  |  | (305 | ) |  |  |  |  |  |  |  |  |  |
Mortgage and Other Loans Payable, Gross |  | $ | 781,109 |  |  | $ | 689,951 |  |  |  |  |  |  |  |  |  |  |
Senior Unsecured Notes, Net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2016 Notes |  | $ | 159,497 |  |  | $ | 159,455 |  |  |  | 5.750 | % |  |  | 5.91 | % |  | 01/15/16
2017 Notes |  |  | 55,383 |  |  |  | 59,600 |  |  |  | 7.500 | % |  |  | 7.52 | % |  | 12/01/17
2027 Notes |  |  | 6,066 |  |  |  | 6,065 |  |  |  | 7.150 | % |  |  | 7.11 | % |  | 05/15/27
2028 Notes |  |  | 68,977 |  |  |  | 124,894 |  |  |  | 7.600 | % |  |  | 8.13 | % |  | 07/15/28
2012 Notes |  |  | — |  |  |  | 61,817 |  |  |  | 6.875 | % |  |  | 6.85 | % |  | 04/15/12
2032 Notes |  |  | 12,490 |  |  |  | 34,683 |  |  |  | 7.750 | % |  |  | 7.87 | % |  | 04/15/32
2014 Notes |  |  | 79,336 |  |  |  | 86,997 |  |  |  | 6.420 | % |  |  | 6.54 | % |  | 06/01/14
2017 II Notes |  |  | 106,738 |  |  |  | 106,716 |  |  |  | 5.950 | % |  |  | 6.37 | % |  | 05/15/17
Subtotal |  | $ | 488,487 |  |  | $ | 640,227 |  |  |  |  |  |  |  |  |  |  |
Unamortized Discounts |  |  | 2,958 |  |  |  | 4,625 |  |  |  |  |  |  |  |  |  |  |
Senior Unsecured Notes, Gross |  | $ | 491,445 |  |  | $ | 644,852 |  |  |  |  |  |  |  |  |  |  |
Unsecured Credit Facility |  | $ | 27,000 |  |  | $ | 149,000 |  |  |  | 2.175 | % |  |  | 2.175 | % |  | 12/12/14
Mortgage Loans Originated | During the three months ended September 30, 2012, we originated the following mortgage loans:
Mortgage Financing |  | Loan Principal |  |  | Interest Rate |  |  | Origination Date |  |  | Maturity Date |  |  | Amortization Period |  |  | Number of Industrial Properties Collateralizing Mortgage |  | GLA (In millions) |  | Property Carrying Value at September 30, 2012 |
I-VI |  | $ | 100,599 |  |  |  | 4.03 | % |  |  | August 29, 2012 |  |  |  | September 1, 2022 |  |  |  | 30-year |  |  |  | 31 |  |  | 3.8 |  | $ | 104,711 |
Senior Unsecured Notes Repurchases | During the nine months ended September 30, 2012, we repurchased and retired the following senior unsecured notes prior to maturity:
|  | Principal Amount Repurchased |  |  | Purchase Price |
Senior Unsecured Notes Repurchases |  |  |  |  |  |  |  |
2014 Notes |  | $ | 9,000 |  |  | $ | 9,439 |
2017 Notes |  |  | 4,223 |  |  |  | 4,632 |
2028 Notes |  |  | 55,955 |  |  |  | 57,041 |
2032 Notes |  |  | 22,400 |  |  |  | 22,848 |
|  | $ | 91,578 |  |  | $ | 93,960 |
Schedule of Maturities of Long-term Debt | The following is a schedule of the stated maturities and scheduled principal payments as of September 30, 2012 of our indebtedness, exclusive of premiums and discounts, for the next five years ending December 31, and thereafter:
|  | Amount |
Remainder of 2012 |  | $ | 3,682 |
2013 |  |  | 14,944 |
2014 |  |  | 175,917 |
2015 |  |  | 64,017 |
2016 |  |  | 295,476 |
Thereafter |  |  | 745,518 |
Total |  | $ | 1,299,554 |
Summary of Indebtedness at Estimated Fair Value | At September 30, 2012 and December 31, 2011, the fair values of our indebtedness were as follows:
|  | September 30, 2012 |  |  | December 31, 2011 |
|  | Carrying Amount |  |  | Fair Value |  |  | Carrying Amount |  |  | Fair Value |
Mortgage and Other Loans Payable, Net |  | $ | 781,366 |  |  | $ | 839,687 |  |  | $ | 690,256 |  |  | $ | 743,419 |
Senior Unsecured Notes, Net |  |  | 488,487 |  |  |  | 519,797 |  |  |  | 640,227 |  |  |  | 630,622 |
Unsecured Credit Facility |  |  | 27,000 |  |  |  | 27,000 |  |  |  | 149,000 |  |  |  | 149,000 |
Total |  | $ | 1,296,853 |  |  | $ | 1,386,484 |  |  | $ | 1,479,483 |  |  | $ | 1,523,041 |

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