Annual report pursuant to Section 13 and 15(d)

Senior Unsecured Notes (Tables)

v2.4.0.6
Senior Unsecured Notes (Tables)
12 Months Ended
Dec. 31, 2012
Debt Disclosure [Abstract]  
Summary Of Senior Unsecured Notes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

        December 31,

 

Effective

Rate (1)

 

 

 

 

2012 

 

 

2011 

 

 

 

5.250% Senior Unsecured Notes, due January 15, 2012 (2)

 

 

 -

 

$

99,988 

 

5.457 

%

6.150% Senior Unsecured Notes, due December 15, 2012 (3)

 

 

 -

 

 

94,438 

 

6.894 

%

5.820% Senior Unsecured Notes, due March 15, 2013 (4)

 

 

 -

 

 

25,972 

 

6.448 

%

4.600% Senior Unsecured Notes, due June 15, 2013

 

$

99,987 

 

 

99,958 

 

4.742 

%

5.125% Senior Unsecured Notes, due February 15, 2014

 

 

200,270 

 

 

200,509 

 

5.110 

%

5.125% Senior Unsecured Notes, due January 15, 2015

 

 

149,810 

 

 

149,717 

 

5.297 

%

5.800% Senior Unsecured Notes, due January 15, 2016

 

 

200,237 

 

 

200,313 

 

5.806 

%

2.500% Senior Unsecured Notes, due  December 15, 2017

 

 

248,560 

 

 

 -

 

2.803 

%

7.750% Senior Unsecured Notes, due August 15, 2019

 

 

248,585 

 

 

248,372 

 

8.017 

%

4.500% Senior Unsecured Notes, due April 18, 2022

 

 

299,445 

 

 

 -

 

4.612 

%

 

 

 

 

 

 

 

 

 

 

Total senior unsecured notes

 

$

1,446,894 

 

$

1,119,267 

 

 

 

 

(1)  Includes the cost of terminated treasury lock agreements (if any), offering and other transaction costs and the discount/premium on the notes, as applicable. 

(2)  These notes were paid at maturity, primarily from borrowing on the Company’s unsecured revolving credit facility. 

(3)  On May 25, 2012, the Company redeemed $94.9 million principal amount of its 6.15 percent senior unsecured notes due December 15, 2012 (the “2002 Notes”). The redemption price, including a make-whole premium, was 103.19 percent of the principal amount of the 2002 Notes, plus accrued and unpaid interest up to the redemption date. The Company funded the redemption price, including accrued and unpaid interest, of approximately $100.5 million from borrowing on its unsecured revolving credit facility, as well as cash on hand. In connection with the redemption, the Company recorded approximately $3.3 million as a loss from early extinguishment of debt (including the write-off of unamortized deferred financing costs). 

(4)            On May 25, 2012, the Company redeemed $26.1 million principal amount of its 5.82 percent senior unsecured notes due March 15, 2013 (the “2003 Notes”). The redemption price, including a make-whole premium, was 103.87 percent of the principal amount of the 2003 Notes, plus accrued and unpaid interest up to the redemption date.  The Company funded the redemption price, including accrued and unpaid interest, of approximately $27.4 million from borrowing on its unsecured revolving credit facility, as well as cash on hand. In connection with the redemption, the Company recorded approximately $1.1 million as a loss from early extinguishment of debt (including the write-off of unamortized deferred financing costs).