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Unsecured Lines of Credit (Tables)
12 Months Ended
Dec. 31, 2020
Unsecured Lines of Credit [Member]  
Summary of Unsecured Lines of Credit

The following tables summarize the Partnership’s unsecured lines of credit as of December 31, 2020 and 2019:

 

Unsecured Lines of Credit

 

Outstanding as of December 31, 2020

 

 

Total

Commitment

 

 

Commitment

Maturity

 

Variable /

Fixed

 

Reset

Frequency

 

Period End

Rate

 

Bankers Trust non-operating

 

$

7,475,000

 

 

$

50,000,000

 

 

June 2022

 

Variable (1)

 

Monthly

 

 

2.65

%

Bankers Trust operating

 

 

-

 

 

 

10,000,000

 

 

June 2022

 

Variable (1)

 

Monthly

 

 

3.40

%

Total unsecured lines of credit

 

$

7,475,000

 

 

$

60,000,000

 

 

 

 

 

 

 

 

 

 

 

 

(1)

The variable rate is indexed to LIBOR plus an applicable margin.

 

Unsecured Lines of Credit

 

Outstanding as of December 31, 2019

 

 

Total

Commitment

 

 

Commitment

Maturity

 

Variable /

Fixed

 

Reset

Frequency

 

Period End

Rate

 

Bankers Trust non-operating

 

$

13,200,000

 

 

$

50,000,000

 

 

June 2021

 

Variable (1)

 

Monthly

 

 

4.19

%

Bankers Trust operating

 

 

-

 

 

 

10,000,000

 

 

June 2021

 

Variable (1)

 

Monthly

 

 

4.94

%

Total unsecured lines of credit

 

$

13,200,000

 

 

$

60,000,000

 

 

 

 

 

 

 

 

 

 

 

 

(1)

The variable rate is indexed to LIBOR plus an applicable margin.