XML 33 R23.htm IDEA: XBRL DOCUMENT v3.20.2
Mortgage Notes Payable, Credit Facilities and Senior Notes (Tables)
9 Months Ended
Sep. 30, 2020
Debt Disclosure [Abstract]  
Schedule of Debt
The mortgage notes payable collateralized by respective properties and assignment of leases at September 30, 2020 and December 31, 2019, respectively, were as follows (in thousands):

PropertyMaturity DateInterest RateSeptember 30, 2020December 31, 2019
Casitas Plaza Shopping CenterJune 20225.320 %$6,877 $7,001 
Riverstone MarketplaceJuly 20224.960 %17,351 17,656 
Fullerton CrossroadsApril 20244.728 %26,000 26,000 
Diamond Hills PlazaOctober 20253.550 %35,500 35,500 
   $85,728 $86,157 
Mortgage premiums 1,233 1,594 
Net unamortized deferred financing costs (195)(228)
Total mortgage notes payable $86,766 $87,523 
Schedule of Long-term Debt Instruments
The carrying values of the Company’s term loan (the “term loan”) were as follows (in thousands):

 September 30, 2020December 31, 2019
Term loan$300,000 $300,000 
Net unamortized deferred financing costs(1,567)(1,670)
Term loan$298,433 $298,330 
Schedule of Long-term Debt Instruments
The carrying values of the Company’s unsecured revolving credit facility were as follows (in thousands):

 September 30, 2020December 31, 2019
Credit facility$103,500 $84,000 
Net unamortized deferred financing costs(2,956)(3,257)
Credit facility$100,544 $80,743 
Schedule of Long-term Debt Instruments
The carrying value of the Company’s unsecured Senior Notes Due 2027 is as follows (in thousands):
 
 September 30, 2020December 31, 2019
Principal amount$250,000 $250,000 
Net unamortized deferred financing costs(1,270)(998)
Senior Notes Due 2027$248,730 $249,002 
Schedule of Long-term Debt Instruments
The carrying value of the Company’s unsecured Senior Notes Due 2026 is as follows (in thousands):
 
 September 30, 2020December 31, 2019
Principal amount$200,000 $200,000 
Net unamortized deferred financing costs(462)(191)
Senior Notes Due 2026$199,538 $199,809 
Schedule of Long-term Debt Instruments
The carrying value of the Company’s unsecured Senior Notes Due 2024 is as follows (in thousands):
 
 September 30, 2020December 31, 2019
Principal amount$250,000 $250,000 
Unamortized debt discount(1,647)(1,912)
Net unamortized deferred financing costs(928)(1,094)
Senior Notes Due 2024$247,425 $246,994 
Schedule of Long-term Debt Instruments
The carrying value of the Company’s unsecured Senior Notes Due 2023 is as follows (in thousands):
 September 30, 2020December 31, 2019
Principal amount$250,000 $250,000 
Unamortized debt discount(1,582)(1,915)
Net unamortized deferred financing costs(844)(1,040)
Senior Notes Due 2023$247,574 $247,045