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Bank Note Payable and Term Note Payable (Tables)

12 Months Ended

Dec. 31, 2014

BAML Revolver

Bank Note Payable and Term Note Payable

Schedule of actual amount of applicable facility fee, LIBOR rate or base rate determined based on total leverage ratio

Level		Credit Rating		LIBOR Rate Margin		Facility Fee		Base Rate Margin
I		A-/A3 (or higher)		0.875	%	0.125	%	0.000	%
II		BBB+/Baa1		0.925	%	0.150	%	0.000	%
III		BBB/Baa2		1.050	%	0.200	%	0.050	%
IV		BBB-/Baa3		1.250	%	0.250	%	0.250	%
V		<BBB-/Baa3		1.650	%	0.300	%	0.650	%

BAML Term Loan

Bank Note Payable and Term Note Payable

Schedule of actual amount of applicable facility fee, LIBOR rate or base rate determined based on total leverage ratio

Level		Credit Rating		LIBOR Rate Margin		Base Rate Margin
I		A-/A3 (or higher)		0.950	%	0.000	%
II		BBB+/Baa1		1.025	%	0.025	%
III		BBB/Baa2		1.200	%	0.200	%
IV		BBB-/Baa3		1.450	%	0.450	%
V		<BBB-/Baa3		1.900	%	0.900	%

BMO Term Loan

Bank Note Payable and Term Note Payable

Schedule of actual amount of applicable facility fee, LIBOR rate or base rate determined based on total leverage ratio

LEVEL		CREDIT RATING		LIBOR RATE MARGIN		BASE RATE MARGIN
I		A-/A3 (or higher)		105.0	bps	5.0	bps
II		BBB+/Baa1		115.0	bps	15.0	bps
III		BBB/Baa2		135.0	bps	35.0	bps
IV		BBB-/Baa3		165.0	bps	65.0	bps
V		<BBB-/Baa3		215.0	bps	115.0	bps