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Indebtedness (Tables)
 12 Months Ended
Dec. 31, 2013
Indebtedness  
Schedule of additional outstanding debt

 

 

 
    
    
   December 31, 2013   December 31, 2012  
Unsecured Debt
  Coupon   Maturity   Face
Amount		   Unamortized
Discount		   Face
Amount		   Unamortized
Discount		  

Senior notes

     4.300 %   2016   $ 250,000   $ 1,085   $ 250,000   $ 1,620  

Senior notes

     6.750 %   2020     200,000     1,348     200,000     1,563  

Senior notes

     6.750 %   2021     300,000     4,230     300,000     4,764  

Senior notes

     5.625 %   2042     350,000     —     350,000     —  
                               
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total unsecured debt

               $ 1,100,000   $ 6,663   $ 1,100,000   $ 7,947  
                               
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                               
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
  2013(1)   2012(1)   Maturity   2013   2012  

Mortgages(2)

   $ —   $ 10,565     6.11%     Dec 13     —   $ 17,034   $ —   $ 14,883  

Mortgages(2)

     —     13,759     6.91%     Dec 13     —     36,359     —     33,057  

Mortgages

     36,145     36,906     5.83%     Jun 14     2     79,000     77,799     78,594  

Mortgage

     30,177     30,944     6.02%     Mar 15     1     99,000     96,354     98,346  

Mortgage

     12,093     —     6.25%     May 15     1     22,350     22,033     —  

Mortgage

     5,020     5,121     5.65%     Jun 15     1     22,143     20,965     21,435  

Mortgage

     11,465     11,612     6.37%     Jul 15     1     14,849     14,197     14,432  

Mortgages

     12,773     13,051     5.66%     Jul 15     3     26,606     25,457     25,868  

Mortgage

     2,805     2,878     5.880%     Jul 15     1     15,397     14,384     14,774  

Mortgage

     6,579     6,792     5.81%     Oct 15     1     9,650     9,474     9,665  

Mortgage

     4,502     4,596     5.810%     Oct 15     1     8,600     8,168     8,391  

Mortgages

     52,000     52,000     5.64%     Jan 16     1     70,495     64,904     66,123  

Mortgage

     6,363     6,476     5.97%     Apr 16     1     10,272     9,811     10,051  

Mortgage

     87,928     90,607     5.92%     Nov 16     2     157,500     151,928     154,691  

Mortgage

     12,366     12,537     6.25%     Nov 16     1     22,102     21,672     21,968  

Mortgage

     5,720     5,810     5.86%     Mar 17     1     11,280     11,292     11,562  

Mortgages

     45,753     46,753     6.54%     May 17     8     62,500     54,702     56,341  

Mortgage

     11,245     11,419     6.150%     Aug 17     1     16,400     15,180     15,507  

Mortgage

     9,425     9,641     6.73%     Apr 18     1     15,100     11,299     11,526  

Mortgage

     292,611     296,437     6.71%     Sep 19     17     617,161     252,404     260,274  

Mortgage(3)

     3,007     3,270     7.31%     Jan 22     1     18,827     16,478     16,839  

Mortgage(3)

     1,482     1,608     7.85%     Jan 22     —     —     —     —  

Mortgage

     3,444     3,534     6.25%     Feb 33     1     5,200     4,588     4,695  

Mortgage

     9,353     9,492     5.95%     Sep 38     2     11,425     9,080     9,295  

Mortgage

     4,672     4,747     4.38%     Sep 43     1     8,059     7,632     7,768  

Bonds

     14,700     14,700     5.88%     Dec 27     1     34,307     25,619     26,559  

Capital Leases

     13,314     13,792     7.70%     Apr 26     2     28,601     18,626     15,603  
                                       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total secured

   $ 694,942   $ 719,047                 53   $ 1,440,217   $ 964,046   $ 1,008,247  
                                       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                                       
(1)
The principal balances are the amounts stated in the contracts. In accordance with GAAP, 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, 2013 and 2012, the unamortized net premiums on certain of these mortgages were $4,485 and $5,430, respectively.

(2)
In 2013 we repaid this debt.

(3)
These two mortgages are collateralized by one MOB property acquired in July 2008.
Schedule of required principal payments on outstanding debt

Required principal payments on our outstanding debt as of December 31, 2013, are as follows:

2014

   $ 48,222  

2015

     94,249  

2016

     410,136  

2017

     65,382  

2018

     115,602  

Thereafter

     1,161,353