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Fair Value Measurements (Details) (USD $) In Thousands, unless otherwise specified | 12 Months Ended
--- | ---
Dec. 31, 2012 | Dec. 31, 2011
Value Measurements |  |  |
Mortgage loans receivable | $ 39,299 | $ 53,081 |
Marketable debt securities |  | 6,485 | [1]
Bonds payable | 2,635 | 3,200 |
Bank borrowings | 115,500 | 56,000 |
Senior unsecured notes | 185,800 | 100,000 |
Earn-out liabilities | 6,744 | 6,305 |
Discount rate used to value future cash inflows of the mortgage loans receivable (as a percent) | 6.00% | 6.00% |
Fair value of marketable debt securities as a percentage of quoted market price |  | 100.00% |
Discount rate used to value earn out liabilities (as a percent) | 6.60% | 6.80% |
Senior unsecured notes |  |  |
Value Measurements |  |  |
Senior unsecured notes | 185,800 |  |
Discount rate used to value future cash outflow (as a percent) |  | 4.80% |
Senior unsecured notes maturing prior to 2020 |  |  |
Value Measurements |  |  |
Discount rate used to value future cash outflow (as a percent) | 3.80% |  |
Senior unsecured notes maturing in 2020 and beyond |  |  |
Value Measurements |  |  |
Discount rate used to value future cash outflow (as a percent) | 4.30% |  |
Carrying Value |  |  |
Value Measurements |  |  |
Mortgage loans receivable | 39,299 | 53,081 |
Marketable debt securities |  | 6,485 |
Bonds payable | 2,635 | 3,200 |
Bank borrowings | 115,500 | 56,000 |
Senior unsecured notes | 185,800 | 100,000 |
Earn-out liabilities | 6,744 | 6,305 |
Fair Value |  |  |
Value Measurements |  |  |
Bonds payable | 2,635 | 3,200 |
Bank borrowings | 115,500 | 56,000 | [2]
Fair Value | Level 2 |  |  |
Value Measurements |  |  |
Marketable debt securities |  | 6,500 |
Fair Value | Level 3 |  |  |
Value Measurements |  |  |
Mortgage loans receivable | 44,939 | 61,844 |
Senior unsecured notes | 194,838 | 101,223 |
Earn-out liabilities | $ 6,744 | $ 6,305 |
[1] | At December 31, 2011, we had a $6,500 face value investment in marketable securities issued by an entity that qualifies as a related party because the entity's Chief Executive Officer is on our Board of Directors. See Note 12. Transactions with Related Party for further discussion.
[2] | On December 31, 2012 and 2011, we had $3,191 and $3,060 respectively, in straight-line rent receivable from a lessee that qualifies as a related party because the lessee's Chief Executive Officer is on our Board of Directors. See Note 12. Transactions with Related Party for further discussion.

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