MORTGAGE NOTES PAYABLE (Tables)

9 Months Ended

Sep. 30, 2022

MORTGAGE NOTES PAYABLE

Schedule of Mortgage Notes Payable

	Principal Balance At
	September 30,		December 31,
	2022		2021
	(in thousands)
Fixed rate mortgage notes payable (a)	$	514,297	$	490,413
Variable rate mortgage notes payable		-		5,237
Mortgage notes payable		514,297		495,650
Less unamortized debt issuance costs		2,307		2,508
	$	511,990	$	493,142

(a) Includes $106,717 and $108,734 of variable rate mortgage debt that was swapped to a fixed rate at September 30, 2022 and December 31, 2021, respectively.

Scheduled Maturities of Mortgage Notes Payable

Years ending December 31,	Amount
	(in thousands)
2022 (October 1, 2022 - December 31, 2022)	$	6,055
2023		53,006
2024		22,653
2025		53,130
2026		45,546
Thereafter		333,907
Total payments	$	514,297