XML 33 R24.htm IDEA: XBRL DOCUMENT v3.23.2
Mortgage Notes Payable, Credit Facilities and Senior Notes (Tables)
 6 Months Ended
Jun. 30, 2023
Debt Disclosure [Abstract]  
Schedule of Debt
The mortgage notes payable collateralized by respective properties and assignment of leases at June 30, 2023 and December 31, 2022, respectively, were as follows (in thousands, except interest rates):

PropertyMaturity DateInterest RateJune 30, 2023December 31, 2022
Fullerton CrossroadsApril 20244.728 %$26,000 $26,000 
Diamond Hills PlazaOctober 20253.550 %34,389 34,731 
   $60,389 $60,731 
Unamortized mortgage premiums 180 288 
Net unamortized deferred financing costs (83)(102)
Total mortgage notes payable $60,486 $60,917 
Schedule of Long-term Debt Instruments
The carrying values of the Company’s unsecured term loan (the “term loan”) were as follows (in thousands):

 June 30, 2023December 31, 2022
Term loan$300,000 $300,000 
Net unamortized deferred financing costs(565)(747)
Term loan$299,435 $299,253 
The carrying value of the Company’s unsecured Senior Notes Due 2027 is as follows (in thousands):
 
 June 30, 2023December 31, 2022
Principal amount$250,000 $250,000 
Net unamortized deferred financing costs(786)(874)
Senior Notes Due 2027$249,214 $249,126 
The carrying value of the Company’s unsecured Senior Notes Due 2026 is as follows (in thousands):
 
 June 30, 2023December 31, 2022
Principal amount$200,000 $200,000 
Net unamortized deferred financing costs(250)(289)
Senior Notes Due 2026$199,750 $199,711 
The carrying value of the Company’s unsecured Senior Notes Due 2024 is as follows (in thousands):
 
 June 30, 2023December 31, 2022
Principal amount$250,000 $250,000 
Unamortized debt discount(604)(802)
Net unamortized deferred financing costs(322)(432)
Senior Notes Due 2024$249,074 $248,766 
The carrying value of the Company’s unsecured Senior Notes Due 2023 is as follows (in thousands):

 June 30, 2023December 31, 2022
Principal amount$250,000 $250,000 
Unamortized debt discount(245)(502)
Net unamortized deferred financing costs(120)(252)
Senior Notes Due 2023$249,635 $249,246