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DEBT (Tables)
9 Months Ended
Sep. 30, 2019
Debt Disclosure [Abstract]  
Schedule of Debt
The following table summarizes our indebtedness at September 30, 2019:
 
(in thousands)
 
 
September 30, 2019

December 31, 2018

Weighted Average Maturity in Years at September 30, 2019
Lines of credit
$
103,143

$
57,500

2.9
Term loans
145,000

145,000

5.1
Unsecured senior notes
125,000


9.6
Unsecured debt
373,143

202,500

6.0
Mortgages payable - fixed
362,731

445,974

5.7
Total debt
$
735,874

$
648,474

5.9
Weighted average interest rate on lines of credit (rate with swap)
3.73
%
3.72
%
 
Weighted average interest rate on term loans (rate with swap)
4.14
%
4.01
%
 
Weighted average interest rate on unsecured senior notes
3.78
%

 
Weighted average interest rate on mortgages payable
4.15
%
4.58
%
 


Aggregate Amount of Required Future Principal Payments on Mortgages Payable
The aggregate amount of required future principal payments on mortgages payable, term loans, and senior notes as of September 30, 2019, was as follows:
 
(in thousands)
2019 (remainder)
$
1,599

2020
23,531

2021
55,877

2022
40,740

2023
48,359

Thereafter
462,625

Total payments
$
632,731