MORTGAGE NOTES PAYABLE (Tables)

6 Months Ended

Jun. 30, 2020

MORTGAGE NOTES PAYABLE

Schedule of Mortgage Notes Payable

	Principal Balance At
	June 30,		December 31,
	2020		2019
	(in thousands)
Fixed rate mortgage notes payable (a)	$	405,001	$	395,038
Less unamortized debt issuance costs		1,833		1,874
	$	403,168	$	393,164

(a) Includes $26,205 and $12,960 of variable rate mortgage debt that was swapped to a fixed rate at June 30, 2020 and December 31, 2019, respectively.

Scheduled Maturities of Mortgage Notes Payable

Years ending December 31,	Amount
	(in thousands)
2020 (July 1, 2020 - December 31, 2020)	$	11,468
2021		31,705
2022		27,435
2023		50,228
2024		17,662
Thereafter		266,503
Total payments	$	405,001