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Debt Agreements (Tables)
 6 Months Ended
Jun. 30, 2020
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The table below is an overview of our debt agreements that provided financing for our loans held for investment:
 
 
Debt Obligation
 
 
 
 
 
 
 
 
 
 
 
 
Weighted Average
 
Collateral
 
 
Maximum Facility Size
 
Principal Balance
 
Carrying Value
 
Coupon Rate
 
Remaining
Maturity (1) (years)
 
Principal Balance
 
Fair
Value (2)
June 30, 2020:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Master repurchase facility
 
$
213,482

 
$
201,138

 
$
200,465

 
L + 2.00%
 
1.1
 
$
278,484

 
$
273,860

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2019:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Master repurchase facility
 
$
213,482

 
$
165,536

 
$
164,694

 
L + 1.99%
 
1.6
 
$
242,899

 
$
242,763

(1)
The weighted average remaining maturity is determined using the current maturity date of the corresponding loans, assuming no borrower loan extension options have been exercised.
(2)
See Note 6 for further discussion of our financial assets and liabilities not carried at fair value.
Schedule of Maturities of Long-term Debt
At June 30, 2020, our outstanding advancements under our Master Repurchase Facility had the following remaining maturities:
Year
 
Principal Payments (1)
2020
 
$
29,680

2021
 
171,458

2022
 
—

2023
 
—

2024
 
—

 
 
$
201,138

(1)
The allocation of our outstanding advancements under our Master Repurchase Facility is based on the current maturity date of each loan investment with respect to which the individual borrowing relates assuming no borrower loan extension options have been exercised.