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Mortgage Notes Payable, Credit Facilities and Senior Notes (Tables)
 3 Months Ended
Mar. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Debt
The mortgage notes payable collateralized by respective properties and assignment of leases at March 31, 2024 and December 31, 2023, respectively, were as follows (in thousands, except interest rates):

PropertyMaturity DateInterest RateMarch 31, 2024December 31, 2023
Fullerton CrossroadsApril 20244.728 %$26,000 $26,000 
Diamond Hills PlazaOctober 20253.550 %33,868 34,045 
   $59,868 $60,045 
Unamortized mortgage premiums 18 72 
Net unamortized deferred financing costs (55)(65)
Total mortgage notes payable $59,831 $60,052 
The key terms of the Operating Partnership’s Senior Notes are as follows:

Senior NotesAggregate Principal Amount (in thousands)Issue Date and Interest Accrual DateMaturity DateContractual Interest RateFirst Interest PaymentInterest Payments Due
Senior Notes Due 2028$350,000 September 21, 2023October 15, 20286.75 %April 15, 2024April 15 and October 15
Senior Notes Due 2027$250,000 December 15, 2017December 15, 20274.19 %June 15, 2018June 15 and December 15
Senior Notes Due 2026$200,000 September 22, 2016September 22, 20263.95 %March 22, 2017March 22 and September 22
Senior Notes Due 2024$250,000 December 3, 2014December 15, 20244.00 %June 15, 2015June 15 and December 15
Schedule of Long-term Debt Instruments
The carrying values of the Operating Partnership’s unsecured term loan (the “term loan”) were as follows (in thousands):

 March 31, 2024December 31, 2023
Term loan$200,000 $200,000 
Net unamortized deferred financing costs(195)(255)
Term loan$199,805 $199,745 
The carrying value of the Operating Partnership’s Senior Notes are as follows (in thousands):
 
March 31, 2024December 31, 2023
Principal amount$1,050,000 $1,050,000 
Unamortized debt discount(1,858)(2,033)
Net unamortized deferred financing costs(4,085)(4,374)
Senior Notes$1,044,057 $1,043,593