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Notes Payable (Tables)
12 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
Components of Notes Payable

Notes payable consists of the following:

 

(in thousands)

 

December 31,

 

 

 

2019

 

 

2018

 

Unsecured revolving lines of credit

 

$

193,459

 

 

$

198,603

 

3.68% Series B senior notes due in 2021

 

 

40,000

 

 

 

40,000

 

3.84% Series C senior notes due in 2022

 

 

60,000

 

 

 

60,000

 

 

 

 

293,459

 

 

 

298,603

 

Unamortized debt issuance cost

 

 

(28

)

 

 

(39

)

 

 

$

293,431

 

 

$

298,564

 

Schedule of Future Minimum Payments under Unsecured Revolving Lines of Credit and 4.03% Senior Notes, 3.68% Senior Notes and 3.84% Senior Notes As of December 31, 2019, the future minimum payments under the unsecured revolving lines of credit, 3.68% Series B senior notes due in 2021 and 3.84% Series C senior notes due in 2022 are as follows:

 

(in thousands)

 

 

 

 

Year Ended December 31,

 

 

 

 

2020

 

$

 

2021

 

 

233,459

 

2022

 

 

60,000

 

 

 

$

293,459