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Schedule of Maturities
 12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Maturities

(8) Schedule of Maturities

The future principal payments for the five years subsequent to December 31, 2020 and thereafter are as follows (in thousands):

 

 

 

Collateralized

loan

obligations(1)

 

 

Secured

credit

facilities(2)

 

 

Mortgage Loan Payable

 

2021

 

$

—

 

 

$

50,885

 

 

$

—

 

2022

 

 

329,469

 

 

 

1,015,334

 

 

 

50,000

 

2023

 

 

490,718

 

 

 

456,639

 

 

 

—

 

2024

 

 

870,347

 

 

 

—

 

 

 

—

 

2025

 

 

144,226

 

 

 

—

 

 

 

—

 

Thereafter

 

 

—

 

 

 

—

 

 

 

—

 

Total

 

$

1,834,760

 

 

$

1,522,858

 

 

$

50,000

 

 

(1)

The scheduled maturities for the investment grade bonds issued by TRTX 2018-FL2 and TRTX-2019 FL3 are based upon the fully extended maturity of mortgage loan collateral, considering the reinvestment window of the collateralized loan obligation.

(2)

The allocation of secured financing liabilities is based on the extended maturity date for those credit facilities where extension options are at the company’s option, subject to no default, or the current maturity date of those facilities where extension options are subject to counterparty approval.