Debt (Tables)

6 Months Ended

Jun. 30, 2019

The following table presents the non-recourse debt, net on our Consolidated Hotel investments (dollars in thousands):



			Carrying Amount at
	Interest Rate Range	Current Maturity Date Range ^(a)	June 30, 2019		December 31, 2018
Fixed rate	3.6% – 6.5%	7/2019 – 4/2024	$	953,143	$	1,026,451
Variable rate ^(b)	4.7% – 8.2%	3/2020 – 7/2022	366,514		299,563
			$	1,319,657	$	1,326,014

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(a)	Many of our mortgage loans have extension options, which are subject to certain conditions. The maturity dates in the table do not reflect the extension options.


(b)	The interest rate range presented for these mortgage loans reflect the rates in effect at June 30, 2019 through the use of an interest rate cap, when applicable.

Debt Maturity Schedule

Scheduled debt principal payments during the remainder of 2019 and each of the next five calendar years following December 31, 2019 are as follows (in thousands):



Years Ending December 31,	Total
2019 (remainder) ^(a)	$	67,232
2020	238,778
2021	577,443
2022	312,534
2023	126,618
2024	50,252
Total principal payments	1,372,857
Unamortized deferred financing costs	(6,563		)
Total	$	1,366,294

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(a)	Includes $40.8 million and $5.8 million of scheduled payments on the Bridge Loan and Working Capital Facility, respectively, to WPC (Note 3).