Annual report pursuant to Section 13 and 15(d)

Notes Payable Scheduled Future Maturities Unsecured Notes Payable (Tables)

v2.4.0.6
Notes Payable Scheduled Future Maturities Unsecured Notes Payable (Tables)
12 Months Ended
Dec. 31, 2011
Notes Payable [Abstract]  
Schedule of Long-term Debt Instruments
The following table summarizes our unsecured notes outstanding as of December 31, 2011 (dollars in thousands):
 
Coupon/Stated Rate
 
Effective Rate (1)
 
Principal Amount
 
Maturity Date (2)
10 Year Unsecured Notes
5.050
%
 
5.064
%
 
$
50,000

 
5/1/2012
10 Year Unsecured Notes
5.125
%
 
5.230
%
 
60,000

 
3/25/2013
10 Year Unsecured Notes
5.250
%
 
5.340
%
 
100,000

 
1/15/2014
10 Year Unsecured Notes
5.350
%
 
5.359
%
 
50,000

 
5/1/2015
10 Year Unsecured Notes
5.350
%
 
5.490
%
 
100,000

 
5/1/2015
10 Year Unsecured Notes
4.950
%
 
5.053
%
 
250,000

 
10/1/2020
30 Year Unsecured Notes
7.250
%
 
7.360
%
 
50,000

 
2/25/2028
Total principal
 
 
 
 
660,000

 
 
Net unamortized discount
 
 
 
 
(2,530
)
 
 
Total
 
 
 
 
$
657,470

 
 
(1) Yield on issuance date, including the effects of discounts on the notes.
(2) No principal amounts are due prior to maturity.
Schedule of Maturities of Long-term Debt
Scheduled principal payments during the five years subsequent to December 31, 2011 and thereafter are as follows (in thousands):
2012
$
27,000

2013
87,580

2014
3,724

2015
22,390

2016
134,943

Thereafter
156,548

 
432,185

Net discounts/premiums
(4,475
)
Total
$
427,710

The required principal payments excluding the effects of note discounts or premium for the remaining years subsequent to December 31, 2011 are as follows (in thousands):
2012
$
50,000

2013
60,000

2014
100,000

2015
150,000

2016

Thereafter
300,000

 
$
660,000