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Indebtedness (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2011
Indebtedness |
Schedule of additional outstanding debt |
|  |  |  |  |  | December 31, 2011 |  | December 31, 2010 |
--- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Unsecured Debt |  | Coupon |  | Maturity |  | Face Amount |  | Unamortized Discount |  | Face Amount |  | Unamortized Discount |
Senior notes |  |  | 8.625% |  |  | 2012 |  | $ | 225,000 |  | $ | — |  | $ | 225,000 |  | $ | 128 |
Senior notes |  |  | 4.300% |  |  | 2016 |  |  | 250,000 |  |  | 2,154 |  |  | — |  |  | — |
Senior notes |  |  | 6.750% |  |  | 2020 |  |  | 200,000 |  |  | 1,777 |  |  | 200,000 |  |  | 1,992 |
Senior notes |  |  | 6.750% |  |  | 2021 |  |  | 300,000 |  |  | 5,299 |  |  | — |  |  | — |
Total unsecured debt |  |  |  |  |  |  |  | $ | 975,000 |  | $ | 9,230 |  | $ | 425,000 |  | $ | 2,120 |
Schedule of secured and other debt |
|  | Principal Balance as of December 31, |  |  |  |  |  |  |  |  |  | Net Book Value of Collateral |
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
|  | Interest Rate |  |  |  | Number of Properties as Collateral |  | Initial Cost of Collateral |
Secured and Other Debt |  | 2011(1) |  | 2010(1) |  | Maturity |  | 2011 |  | 2010 |
Mortgage(2) |  | $ | 12,400 |  | $ | — |  |  | 6.03% |  |  | Mar 2012 |  | 1 |  | $ | 17,158 |  | $ | 17,076 |  | $ | — |
Mortgage |  |  | 2,356 |  |  | 2,419 |  |  | 6.73% |  |  | June 2012 |  | 1 |  |  | 4,450 |  |  | 3,696 |  |  | 3,780 |
Mortgages |  |  | 30,580 |  |  | 31,552 |  |  | 6.97% |  |  | July 2012 |  | 16 |  |  | 70,114 |  |  | 61,542 |  |  | 63,300 |
Mortgage(3) |  |  | 3,177 |  |  | — |  |  | 6.07% |  |  | Sept 2012 |  | 1 |  |  | 22,143 |  |  | 21,838 |  |  | — |
Mortgage |  |  | 4,224 |  |  | 4,307 |  |  | 6.50% |  |  | Jan 2013 |  | 1 |  |  | 7,560 |  |  | 7,406 |  |  | 7,450 |
Mortgages |  |  | 10,920 |  |  | 11,255 |  |  | 6.11% |  |  | Dec 2013 |  | 4 |  |  | 17,034 |  |  | 14,814 |  |  | 15,225 |
Mortgages |  |  | 14,009 |  |  | 14,245 |  |  | 6.91% |  |  | Dec 2013 |  | 2 |  |  | 36,359 |  |  | 33,702 |  |  | 34,347 |
Mortgages |  |  | 37,619 |  |  | — |  |  | 5.83% |  |  | June 2014 |  | 2 |  |  | 79,000 |  |  | 79,108 |  |  | — |
Mortgage(3) |  |  | 5,215 |  |  | — |  |  | 5.65% |  |  | June 2015 |  | — |  |  | — |  |  | — |  |  | — |
Mortgage |  |  | 11,747 |  |  | — |  |  | 6.37% |  |  | July 2015 |  | 1 |  |  | 14,849 |  |  | 14,697 |  |  | — |
Mortgages |  |  | 13,310 |  |  | — |  |  | 5.66% |  |  | July 2015 |  | 3 |  |  | 26,606 |  |  | 26,377 |  |  | — |
Mortgage |  |  | 2,946 |  |  | — |  |  | 5.88% |  |  | July 2015 |  | 1 |  |  | 15,397 |  |  | 15,173 |  |  | — |
Mortgage |  |  | 4,684 |  |  | — |  |  | 5.81% |  |  | Oct 2015 |  | 1 |  |  | 8,600 |  |  | 8,532 |  |  | — |
Mortgage |  |  | 6,581 |  |  | — |  |  | 5.97% |  |  | Apr 2016 |  | 1 |  |  | 10,272 |  |  | 10,194 |  |  | — |
Mortgage |  |  | 93,133 |  |  | — |  |  | 5.924% |  |  | Nov 2016 |  | 2 |  |  | 157,500 |  |  | 157,640 |  |  | — |
Mortgage |  |  | 12,695 |  |  | — |  |  | 6.25% |  |  | Nov 2016 |  | 1 |  |  | 22,102 |  |  | 21,984 |  |  | — |
Mortgages |  |  | 47,688 |  |  | 48,565 |  |  | 6.54% |  |  | May 2017 |  | 8 |  |  | 62,500 |  |  | 57,873 |  |  | 59,067 |
Mortgage(4) |  |  | 300,669 |  |  | 303,948 |  |  | 6.71% |  |  | Sept 2019 |  | 28 |  |  | 617,161 |  |  | 505,214 |  |  | 506,805 |
Mortgage(4) |  |  | 200,078 |  |  | 202,449 |  |  | 6.39% |  |  | Sept 2019 |  | — |  |  | — |  |  | — |  |  | — |
Mortgage(5) |  |  | 3,515 |  |  | 3,742 |  |  | 7.31% |  |  | Jan 2022 |  | 1 |  |  | 18,827 |  |  | 17,243 |  |  | 17,703 |
Mortgage(5) |  |  | 1,725 |  |  | 1,833 |  |  | 7.85% |  |  | Jan 2022 |  | — |  |  | — |  |  | — |  |  | — |
Mortgage |  |  | 3,619 |  |  | — |  |  | 6.25% |  |  | Jan 2033 |  | 1 |  |  | 5,200 |  |  | 4,807 |  |  | — |
Mortgage |  |  | 9,623 |  |  | — |  |  | 5.95% |  |  | Sept 2038 |  | 2 |  |  | 11,425 |  |  | 19,589 |  |  | — |
Bonds |  |  | 14,700 |  |  | 14,700 |  |  | 5.875% |  |  | Dec 2027 |  | 1 |  |  | 34,307 |  |  | 27,503 |  |  | 28,409 |
Capital leases |  |  | 14,211 |  |  | 14,575 |  |  | 7.7% |  |  | Apr 2026 |  | 2 |  |  | 28,601 |  |  | 16,027 |  |  | 17,983 |
Total secured |  | $ | 861,424 |  | $ | 653,590 |  |  |  |  |  |  |  |  |  | $ | 1,287,165 |  | $ | 1,142,035 |  | $ | 754,069 |
(1) The principle balances are the amounts stated in the contracts. In accordance with generally accepted accounting principles, our carrying values and recorded interest expense may be different because of market conditions at the time we assumed certain of these debts. As of December 31, 2011 and 2010, the unamortized net premiums on certain of these mortgages were $191 and $420, respectively. (2) In February 2012 we repaid this debt. (3) These two mortgages are collateralized by one property acquired in June 2011. (4) These two mortgages were closed in August 2009 and are collateralized by 28 properties. A part of the loan requires interest at a fixed rate of 6.71% and a part of the loan requires interest at a variable rate which was partially protected by an interest rate hedge provided by the lender, FNMA, and was effectively at 6.39% on December 31, 2011. (5) These two mortgages are collateralized by one MOB property acquired in July 2008.
Schedule of required principal payments on outstanding debt |
2012 |  | $ | 286,119 |
2013 |  |  | 41,316 |
2014 |  |  | 49,161 |
2015 |  |  | 48,967 |
2016 |  |  | 360,587 |
Thereafter |  |  | 1,050,274 |

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- Definition Tabular disclosure of information pertaining to secured and other debt obligations of the entity. The disclosure may include different types of debt instruments, carrying value of each debt instrument as of the balance sheet date, interest rate applicable to each instrument and maturity dates of instruments. + References No definition available. + Details
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