Note 9 - Notes, Mortgages and Construction Loan Payable

3 Months Ended

Mar. 31, 2019

Notes to Financial Statements

Mortgage Notes Payable Disclosure [Text Block]

9.

Notes, M

ortgages

and Construction Loan

Payable

Notes Payable -

As of

March 31, 2019,

the Company’s unsecured revolving credit facility of

$2.25

billion had an outstanding balance of

$100.0

million and

$0.3

million appropriated for letters of credit.

Mortgages and Construction Loan Payable -

During the

three

months ended

March 31, 2019,

the Company repaid

$3.2

million of mortgage debt that encumbered an operating property.

As of

March 31, 2019,

the Company’s construction loan commitment of

$67.0

million relating to

one

of its development projects had an outstanding balance of

$54.3

million.