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Mortgage and Other Indebtedness (Tables)
12 Months Ended
Dec. 31, 2018
Debt Disclosure [Abstract]  
Schedule of Participating Mortgage Loans
Mortgage and other indebtedness consisted of the following as of December 31, 2018 and 2017
 
($ in thousands)
 
As of December 31, 2018
 
 
Principal
 
Unamortized Net Premiums
 
Unamortized Debt Issuance Costs
 
Total
Senior Unsecured Notes—Fixed Rate
 
 
 
 
 
 
 
 
Maturing at various dates through September 2027; interest rates ranging from 4.00% to 4.57% at December 31, 2018
 
$
550,000

 
$

 
$
(4,864
)
 
$
545,136

Unsecured Revolving Credit Facility
 
 
 
 
 
 
 
 
Matures April 20221; borrowing level up to $449.5 million available at December 31, 2018; interest at LIBOR + 1.15% or 3.65% at December 31, 2018
 
45,600

 

 
(3,796
)
 
41,804

Unsecured Term Loans
 
 

 
 

 
 

 
 

$95 million matures July 2021; interest at LIBOR + 1.30% or 3.80% at December 31, 2018; $250 million matures October 2025; interest at LIBOR + 2.00% or 4.50% at December 31, 2018
 
345,000

 

 
(2,470
)
 
342,530

Mortgage Notes Payable—Fixed Rate
 
 

 
 

 
 

 
 

Generally due in monthly installments of principal and interest; maturing at various dates through 2030; interest rates ranging from 3.78% to 6.78% at December 31, 2018
 
534,679

 
6,566

 
(584
)
 
540,661

Mortgage Notes Payable—Variable Rate
 
 

 
 

 
 

 
 

Due in monthly installments of principal and interest; maturing at various dates through 2025; interest at LIBOR + 1.50%-1.60%, ranging from 4.00% to 4.10% at December 31, 2018
 
73,491

 

 
(321
)
 
73,170

Total mortgage and other indebtedness
 
$
1,548,770

 
$
6,566

 
$
(12,035
)
 
$
1,543,301



($ in thousands)
 
As of December 31, 2017
 
 
Principal
 
Unamortized Net Premiums
 
Unamortized Debt Issuance Costs
 
Total
Senior Unsecured Notes—Fixed Rate
 
 
 
 
 
 
 
 
Maturing at various dates through September 2027; interest rates ranging from 4.00% to 4.57% at December 31, 2017
 
$
550,000

 
$

 
$
(5,599
)
 
$
544,401

Unsecured Revolving Credit Facility
 
 
 
 
 
 
 
 
Matures July 20211; borrowing level up to $373.8 million available at December 31, 2018; interest at LIBOR + 1.35%2 or 2.91% at December 31, 2017
 
60,100

 

 
(1,895
)
 
58,205

Unsecured Term Loans
 
 

 
 

 
 

 
 

$200 million matures July 2021; interest at LIBOR + 1.30%2 or 2.86% at December 31, 2017; $200 million matures October 2022; interest at LIBOR + 1.60% or 3.16% at December 31, 2017
 
400,000

 

 
(1,759
)
 
398,241

Mortgage Notes Payable—Fixed Rate
 
 

 
 

 
 

 
 

Generally due in monthly installments of principal and interest; maturing at various dates through 2030; interest rates ranging from 3.78% to 6.78% at December 31, 2017
 
576,927

 
9,196

 
(755
)
 
585,368

Mortgage Notes Payable—Variable Rate
 
 

 
 

 
 

 
 

Due in monthly installments of principal and interest; maturing at various dates through 2023; interest at LIBOR + 1.60%-2.25%, ranging from 3.16% to 3.81% at December 31, 2017
 
113,623

 

 
(599
)
 
113,024

Total mortgage and other indebtedness
 
$
1,700,650

 
$
9,196

 
$
(10,607
)
 
$
1,699,239


____________________
1
This presentation reflects the Company's exercise of its options to extend the maturity date for two additional periods of six months each, subject to certain conditions.
2
The interest rates on our unsecured revolving credit facility and unsecured term loan varied at certain parts of the year due to provisions in the agreement and the amendment and restatement of the agreement.
Deferred Cost Amortization
The amounts of such amortization included in the accompanying consolidated statements of operations are as follows:
($ in thousands)
 
For the year ended December 31,
 
 
2018
 
2017
 
2016
Amortization of deferred leasing costs, lease intangibles and other
 
$
18,648

 
$
22,960

 
$
24,898

Amortization of above market lease intangibles
 
2,553

 
4,025

 
6,602

The accompanying consolidated statements of operations include the following amounts of amortization of debt issuance costs as a component of interest expense:
($ in thousands)
 
For the year ended December 31,
 
 
2018
 
2017
 
2016
Amortization of debt issuance costs
 
$
3,944

 
$
2,534

 
$
4,521

Schedule of Maturities of Long-term Debt
The following table presents maturities of mortgage debt and corporate debt as of December 31, 2018
 
($ in thousands)
 
Scheduled Principal Payments
 
Term Maturities
 
Total
2019
 
$
5,034

 
$

 
$
5,034

2020
 
5,396

 
20,700

 
26,096

2021
 
4,627

 
254,875

 
259,502

2022
 
1,113

 
250,808

 
251,921

2023
 
806

 
276,940

 
277,746

Thereafter
 
6,430

 
722,041

 
728,471

 
 
$
23,406

 
$
1,525,364

 
$
1,548,770

Unamortized net debt premiums and issuance costs, net
 
 
 
 
 
(5,469
)
Total
 
 
 
 
 
$
1,543,301