XML 161 R38.htm IDEA: XBRL DOCUMENT v2.4.0.8
Revolving Credit Facilities, Term Loans, Mortgages Payable and Scheduled Principal Repayments (Tables)
12 Months Ended
Dec. 31, 2013
Debt Disclosure [Abstract]  
Information Regarding Company's Revolving Credit Facilities, Term Loans and Mortgages Payable

The following table discloses certain information regarding the Company’s revolving credit facilities, term loan and mortgages payable (in millions):

 

     Carrying Value
at December 31,
     Weighted-
Average
Interest Rate(A)
at
December 31,
    Maturity Date
at December 31,
2013
 
     2013      2012      2013     2012    

Unsecured indebtedness:

            

Unsecured Credit Facility

   $ 29.1       $ 117.9         2.2     2.2     April 2017   

PNC Facility

             30.0         N/A        1.9     April 2017   

Unsecured Term Loan — Tranche 1

     50.0         50.0         2.1     2.3     January 2017   

Unsecured Term Loan — Tranche 2

     300.0         300.0         3.2     3.4     January 2019   

Secured indebtedness:

            

Secured Term Loan

     400.0         400.0         1.8     2.2     April 2017   

Mortgage indebtedness — Fixed Rate

     1,663.7         1,187.9         5.2     4.9    

 

April 2014 -

February 2022

  

  

Mortgage indebtedness — Variable Rate

     97.7         86.2         1.8     1.7    

 

January 2015 -

December 2037

  

  

 

(A) Interest rate on variable rate debt calculated based on base rate and spreads in effect at December 31, 2013 and 2012.
Scheduled Principal Payments

As of December 31, 2013, the scheduled principal payments of the Revolving Credit Facilities, Term Loans, senior notes (Note 7) and mortgages payable, excluding extension options, as of December 31, 2013, are as follows (in thousands):

 

Year

   Amount  

2014

   $ 359,528   

2015

     957,875   

2016

     293,818   

2017

     932,484   

2018

     476,382   

Thereafter

     2,237,877   
  

 

 

 
   $ 5,257,964   

Unamortized fair market value of assumed debt

     36,710   
  

 

 

 

Total indebtedness

   $ 5,294,674