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Debt Schedule of Long-term Debt Instruments (Details) (USD $)
0 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended
Mar. 03, 2011
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2013
Segment, Continuing Operations [Member]
Dec. 31, 2012
Segment, Continuing Operations [Member]
Dec. 31, 2011
Segment, Continuing Operations [Member]
Dec. 31, 2013
Segment, Discontinued Operations [Member]
Dec. 31, 2012
Segment, Discontinued Operations [Member]
Dec. 31, 2011
Segment, Discontinued Operations [Member]
Dec. 31, 2013
Mortgage notes payable [Member]
Mortgage Notes Payable, 5.73 Percent, settled on March 4, 2013 [Member]
Dec. 31, 2012
Mortgage notes payable [Member]
Mortgage Notes Payable, 5.73 Percent, settled on March 4, 2013 [Member]
Mar. 04, 2013
Mortgage notes payable [Member]
Mortgage Notes Payable, 5.73 Percent, settled on March 4, 2013 [Member]
Theatre Properties Member
properties
Dec. 31, 2013
Mortgage notes payable [Member]
Mortgage Note Payable, 6.84 Percent, paid in full June 20, 2013 [Member]
Dec. 31, 2012
Mortgage notes payable [Member]
Mortgage Note Payable, 6.84 Percent, paid in full June 20, 2013 [Member]
Dec. 31, 2013
Mortgage notes payable [Member]
Mortgage Note Payable, 6.84 Percent, paid in full June 20, 2013 [Member]
Entertainment Retail Center Properties [Member]
Jun. 20, 2013
Mortgage notes payable [Member]
Mortgage Note Payable, 6.84 Percent, paid in full June 20, 2013 [Member]
Entertainment Retail Center Properties [Member]
properties
Dec. 31, 2013
Mortgage notes payable [Member]
Mortgage Note Payable, 5.58 Percent, Paid in full on June 24, 2013 [Member]
Dec. 31, 2012
Mortgage notes payable [Member]
Mortgage Note Payable, 5.58 Percent, Paid in full on June 24, 2013 [Member]
Dec. 31, 2013
Mortgage notes payable [Member]
Mortgage Note Payable, 5.58 Percent, Paid in full on June 24, 2013 [Member]
Entertainment Retail Center Properties [Member]
Jun. 24, 2013
Mortgage notes payable [Member]
Mortgage Note Payable, 5.58 Percent, Paid in full on June 24, 2013 [Member]
Entertainment Retail Center Properties [Member]
properties
Dec. 31, 2013
Mortgage notes payable [Member]
Mortgage Note Payable, 5.56 Percent Due June 5, 2015 [Member]
years
Dec. 31, 2012
Mortgage notes payable [Member]
Mortgage Note Payable, 5.56 Percent Due June 5, 2015 [Member]
Dec. 31, 2013
Mortgage notes payable [Member]
Mortgage Note Payable, 5.56 Percent Due June 5, 2015 [Member]
Entertainment Retail Center Properties [Member]
properties
Dec. 31, 2013
Mortgage notes payable [Member]
Mortgage Notes Payable, 5.39 Percent, Due November 1, 2015 [Member]
Dec. 31, 2012
Mortgage notes payable [Member]
Mortgage Notes Payable, 5.39 Percent, Due November 1, 2015 [Member]
Dec. 31, 2013
Mortgage notes payable [Member]
Mortgage Notes Payable, 5.77 Percent, Due November 6, 2015 [Member]
years
Dec. 31, 2012
Mortgage notes payable [Member]
Mortgage Notes Payable, 5.77 Percent, Due November 6, 2015 [Member]
Dec. 31, 2013
Mortgage notes payable [Member]
Mortgage Notes Payable, 5.77 Percent, Due November 6, 2015 [Member]
Theatre Properties Member
properties
Dec. 31, 2013
Mortgage notes payable [Member]
Mortgage Notes Payable, 5.84 Percent, Due March 6, 2016 [Member]
years
Dec. 31, 2012
Mortgage notes payable [Member]
Mortgage Notes Payable, 5.84 Percent, Due March 6, 2016 [Member]
Dec. 31, 2013
Mortgage notes payable [Member]
Mortgage Notes Payable, 5.84 Percent, Due March 6, 2016 [Member]
Theatre Properties Member
properties
Dec. 31, 2013
Mortgage notes payable [Member]
Mortgage Notes Payable, 6.37 Percent, Due June 30, 2016 [Member]
years
Dec. 31, 2012
Mortgage notes payable [Member]
Mortgage Notes Payable, 6.37 Percent, Due June 30, 2016 [Member]
Dec. 31, 2013
Mortgage notes payable [Member]
Mortgage Notes Payable, 6.37 Percent, Due June 30, 2016 [Member]
Theatre Properties Member
properties
Dec. 31, 2013
Mortgage notes payable [Member]
Mortgage Notes Payable, 6.10 Percent, Due October 1, 2016 [Member]
years
Dec. 31, 2012
Mortgage notes payable [Member]
Mortgage Notes Payable, 6.10 Percent, Due October 1, 2016 [Member]
Dec. 31, 2013
Mortgage notes payable [Member]
Mortgage Notes Payable, 6.10 Percent, Due October 1, 2016 [Member]
Theatre Properties Member
properties
Dec. 31, 2013
Mortgage notes payable [Member]
Mortgage Notes Payable, 6.02 Percent, Due October 6, 2016 [Member]
years
Dec. 31, 2012
Mortgage notes payable [Member]
Mortgage Notes Payable, 6.02 Percent, Due October 6, 2016 [Member]
Dec. 31, 2013
Mortgage notes payable [Member]
Mortgage Notes Payable, 6.02 Percent, Due October 6, 2016 [Member]
Theatre Properties Member
properties
Dec. 31, 2013
Mortgage notes payable [Member]
Mortgage Note Payable, 6.06 Percent, Due March 1, 2017 [Member]
years
Dec. 31, 2012
Mortgage notes payable [Member]
Mortgage Note Payable, 6.06 Percent, Due March 1, 2017 [Member]
Dec. 31, 2013
Mortgage notes payable [Member]
Mortgage Note Payable, 6.06 Percent, Due March 1, 2017 [Member]
Theatre Properties Member
properties
Dec. 31, 2013
Mortgage notes payable [Member]
Mortgage Note Payable, 6.07 Percent, Due April 6, 2017 [Member]
years
Dec. 31, 2012
Mortgage notes payable [Member]
Mortgage Note Payable, 6.07 Percent, Due April 6, 2017 [Member]
Dec. 31, 2013
Mortgage notes payable [Member]
Mortgage Note Payable, 6.07 Percent, Due April 6, 2017 [Member]
Theatre Properties Member
properties
Dec. 31, 2013
Mortgage notes payable [Member]
Mortgage Notes Payable, 5.73 - 5.95 Percent, Due May 1, 2017 [Member]
years
Dec. 31, 2012
Mortgage notes payable [Member]
Mortgage Notes Payable, 5.73 - 5.95 Percent, Due May 1, 2017 [Member]
Dec. 31, 2013
Mortgage notes payable [Member]
Mortgage Notes Payable, 5.73 - 5.95 Percent, Due May 1, 2017 [Member]
Theatre Properties Member
properties
Dec. 31, 2013
Mortgage notes payable [Member]
Mortgage Note Payable, 5.29 Percent, Due July 1, 2017 [Member]
Dec. 31, 2012
Mortgage notes payable [Member]
Mortgage Note Payable, 5.29 Percent, Due July 1, 2017 [Member]
Mar. 03, 2011
Mortgage notes payable [Member]
Mortgage Note Payable, 5.29 Percent, Due July 1, 2017 [Member]
Dec. 31, 2013
Mortgage notes payable [Member]
Mortgage Note Payable, 5.29 Percent, Due July 1, 2017 [Member]
Theatre Properties Member
years
properties
Dec. 31, 2013
Mortgage notes payable [Member]
Mortgage Notes Payable, 5.86 Percent, Due August 1, 2017 [Member]
years
Dec. 31, 2012
Mortgage notes payable [Member]
Mortgage Notes Payable, 5.86 Percent, Due August 1, 2017 [Member]
Dec. 31, 2013
Mortgage notes payable [Member]
Mortgage Notes Payable, 5.86 Percent, Due August 1, 2017 [Member]
Theatre Properties Member
properties
Dec. 31, 2013
Mortgage notes payable [Member]
Mortgage Note Payable, 6.19 Percent, Due February 1, 2018 [Member]
years
Dec. 31, 2012
Mortgage notes payable [Member]
Mortgage Note Payable, 6.19 Percent, Due February 1, 2018 [Member]
Dec. 31, 2013
Mortgage notes payable [Member]
Mortgage Note Payable, 6.19 Percent, Due February 1, 2018 [Member]
Theatre Properties Member
properties
Dec. 31, 2013
Mortgage notes payable [Member]
Mortgage Note Payable, 7.37 Percent, Due July 15, 2018 [Member]
years
Dec. 31, 2012
Mortgage notes payable [Member]
Mortgage Note Payable, 7.37 Percent, Due July 15, 2018 [Member]
Dec. 31, 2013
Mortgage notes payable [Member]
Mortgage Note Payable, 7.37 Percent, Due July 15, 2018 [Member]
Theatre Properties Member
properties
Dec. 31, 2013
Mortgage notes payable [Member]
Term loan payable, due July 23, 2018 [Member]
Jul. 23, 2013
Mortgage notes payable [Member]
Term loan payable, due July 23, 2018 [Member]
Jun. 30, 2013
Mortgage notes payable [Member]
Term loan payable, due July 23, 2018 [Member]
Dec. 31, 2012
Mortgage notes payable [Member]
Term loan payable, due July 23, 2018 [Member]
Dec. 31, 2013
Line of Credit [Member]
Unsecured Revolving Variable Rate Credit Facility, Variable Rate, Due October 13, 2015 [Member]
Jul. 23, 2013
Line of Credit [Member]
Unsecured Revolving Variable Rate Credit Facility, Variable Rate, Due October 13, 2015 [Member]
Jun. 30, 2013
Line of Credit [Member]
Unsecured Revolving Variable Rate Credit Facility, Variable Rate, Due October 13, 2015 [Member]
Dec. 31, 2012
Line of Credit [Member]
Unsecured Revolving Variable Rate Credit Facility, Variable Rate, Due October 13, 2015 [Member]
Dec. 31, 2013
Senior unsecured notes payable [Member]
Senoir Unsecured Notes Payable, 7.75 Percent, Due July 15, 2020 [Member]
Dec. 31, 2012
Senior unsecured notes payable [Member]
Senoir Unsecured Notes Payable, 7.75 Percent, Due July 15, 2020 [Member]
Jun. 30, 2010
Senior unsecured notes payable [Member]
Senoir Unsecured Notes Payable, 7.75 Percent, Due July 15, 2020 [Member]
Dec. 31, 2013
Senior unsecured notes payable [Member]
Senior Unsecured Notes Payable, 5.75 Percent, Due August 15, 2022 [Member]
Jun. 18, 2013
Senior unsecured notes payable [Member]
Senior Unsecured Notes Payable, 5.75 Percent, Due August 15, 2022 [Member]
Aug. 08, 2012
Senior unsecured notes payable [Member]
Senior Unsecured Notes Payable, 5.75 Percent, Due August 15, 2022 [Member]
Dec. 31, 2013
Senior unsecured notes payable [Member]
Senoir Unsecured Notes Payable, 5.25 Percent, Due July 15, 2023 [Member]
Jun. 18, 2013
Senior unsecured notes payable [Member]
Senoir Unsecured Notes Payable, 5.25 Percent, Due July 15, 2023 [Member]
Dec. 31, 2012
Senior unsecured notes payable [Member]
Senoir Unsecured Notes Payable, 5.25 Percent, Due July 15, 2023 [Member]
Dec. 31, 2013
Bond payable, variable rate [Member]
Senior Unsecured Notes Payable, 5.75 Percent, Due August 15, 2022 [Member]
Dec. 31, 2012
Bond payable, variable rate [Member]
Senior Unsecured Notes Payable, 5.75 Percent, Due August 15, 2022 [Member]
Dec. 31, 2013
Bond payable, variable rate [Member]
Bond Payable, Variable Rate, Due October 1,2037 [Member]
Dec. 31, 2012
Bond payable, variable rate [Member]
Bond Payable, Variable Rate, Due October 1,2037 [Member]
Dec. 31, 2013
Bond payable, variable rate [Member]
Bond Payable, Variable Rate, Due October 1,2037 [Member]
Theatre Properties Member
properties
Debt Instrument [Line Items]                                                                                                                                                                          
Extinguishment of Debt, Amount                         $ 9,700,000                                                                                                                                                
Number of properties securing debt                         1       4       1     1         6     2     2     4     3     1     1     4       1     2     1     1                                           3
Net book value of property                                           48,400,000         76,500,000     32,300,000     31,800,000     26,900,000     19,200,000     9,400,000     9,000,000     30,800,000     8,400,000       22,700,000     20,000,000     17,900,000                                           23,800,000    
Debt initial balance                                           36,000,000         79,000,000     44,000,000     31,000,000     27,800,000     20,900,000     11,600,000     11,900,000     38,900,000             28,000,000     17,500,000     18,900,000                         250,000,000   0 350,000,000   275,000,000            
Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate                                                                                                                                                   7.75%     5.75%                
Monthly payment amortization schedule (in years)                                           30         25     25     25     25     25     25     30     25           25 25     20     20                                                
Monthly principal and interest payments                                           206,000         498,000     279,000     207,000     180,000     135,000     75,000     77,000     247,000     28,000       178,000     127,000     151,000                                                
Final principal payment at maturity                                           30,100,000         60,700,000     33,900,000     24,400,000     21,600,000     16,200,000     9,000,000     9,200,000     30,000,000     3,200,000       21,700,000     11,600,000     843,000                                                
Weighted average interest rate                                                                                               5.85%                                                                          
Line of credit facility, current borrowing capacity                                                                                                                                 265,000,000 255,000,000   475,000,000 440,000,000 400,000,000                              
Line of credit facility, maximum borrowing capacity                                                                                                                                         600,000,000 500,000,000                              
Line of credit facility, basis spread on variable rate                                                                                                                               1.60%       1.40%                                  
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage                                                                                                                                       0.30%                                  
Line of credit facility, amount outstanding                                                                                                                                             0                            
Line of Credit Facility, Remaining Borrowing Capacity                                                                                                                                             475,000,000                            
Notes assumed 3,800,000                                                                                                                                                                        
Fair value of notes payable                                                                                                         4,100,000                                                                
Estimated market rate used for determining discounted cash flow for fixed rate notes 5.29%                                                                                                                                                                        
Interest rate                     5.73%     6.84%       5.58%       5.56%     5.39%   5.77%     5.84%     6.37%     6.10%     6.02%     6.06%     6.07%            5.29%       0.0586%     6.19%     7.37%                      7.75%           5.25%     5.75%   0.06%    
Senior unsecured notes, percent of principal amount issued                                                                                                                                                   98.29%     99.998%   99.546%            
Debt covenant, debt to adjusted total assets ratio, maximum                                                                                                                                               60.00%     60.00%     60.00%              
Debt covenant, secured debt to adjusted total assets ratio, maximum                                                                                                                                               40.00%     40.00%     40.00%              
Debt covenant, debt service coverage ratio, minimum                                                                                                                                               1.5     1.5     1.5              
Debt covenant, total unencumbered assets as a percent of outstanding unsecured debt, minimum                                                                                                                                               150.00%     150.00%     150.00%              
Interest rate at period end                                                                                                                                                                     0.06%    
Long-term Debt, by Maturity [Abstract]                                                                                                                                                                          
2014   10,911,000                                                                                                                                                                      
2015   106,448,000                                                                                                                                                                      
2016   102,910,000                                                                                                                                                                      
2017   76,690,000                                                                                                                                                                      
2018   278,382,000                                                                                                                                                                      
Thereafter   899,995,000                                                                                                                                                                      
Total   1,475,336,000 1,368,832,000               0 [1] 14,314,000 [1]   0 [2] 92,773,000 [2]     0 [3] 57,078,000 [3]     31,235,000 [4] 31,923,000 [4]   5,274,000 [5] 0 [5] 65,070,000 [6] 67,172,000 [6]   36,724,000 [7] 37,863,000 [7]   26,406,000 [8] 27,156,000 [8]   23,719,000 [9] 24,395,000 [9]   17,866,000 [10] 18,381,000 [10]   9,986,000 [11] 10,261,000 [11]   10,284,000 [12] 10,565,000 [12]   33,660,000 [13] 34,600,000 [13]   3,746,000 [14] 3,881,000 [14]     24,387,000 [15] 25,053,000 [15]   14,486,000 [16] 15,084,000 [16]   7,498,000 [17] 8,698,000 [17]   265,000,000 [18]     240,000,000 [18] 0 [19]     39,000,000 [19] 250,000,000 [20] 250,000,000 [20]         275,000,000 [21]   0 [21] 350,000,000 [22] 350,000,000 [22] 24,995,000 [23] 10,635,000 [23]  
Interest Expense, Debt [Abstract]                                                                                                                                                                          
Interest on loans and capital lease obligation         78,292,000 71,849,000 67,265,000 0 0 (405,000)                                                                                                                                                      
Amortization of deferred financing costs   4,041,000 4,218,000 3,807,000 4,041,000 4,218,000 3,807,000                                                                                                                                                            
Credit facility and letter of credit fees   1,510,000 1,515,000 1,159,000                                                                                                                                                                  
Interest costs capitalized   (2,763,000) (859,000) (498,000)                                                                                                                                                                  
Interest income         (53,000) (79,000) (70,000) 29,000 12,000 37,000                                                                                                                                                      
Interest expense, net   81,056,000 76,656,000 71,295,000                                                                                                                                                                  
write off of debt costs net of accumulated amortization                               192,000       47,000                                                                                                                                  
Payments of Debt Issuance Costs                               4,000,000       1,700,000                                                                                                                                  
Line of Credit Facility, Additional Borrowing Capacity                                                                                                                                 400,000,000 350,000,000                                      
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Minimum                                                                                                 5.73%                             2.38%                                          
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Maximum                                                                                                 5.95%                             2.51%                                          
forfeiture of restricted cash account                         1,200,000                                                                                                                                                
Gains (Losses) on Extinguishment of Debt   $ 4,539,000 $ 0 $ 0                                                                                                                                                                  
[1] On March 4, 2013, the Company entered into a Discounted Payoff and Settlement Agreement (the Agreement) related to this loan agreement which was secured by one theatre property located in Omaha, Nebraska. Pursuant to the Agreement, the Company made a cash payment of $9.7 million that included a forfeited restricted cash account with a balance of $1.2 million in full satisfaction of the loan. Accordingly, the Company recorded a gain on early extinguishment of debt of $4.5 million during the year ended December 31, 2013.
[2] The Company’s mortgage note payable was prepaid in full on June 20, 2013 prior to its maturity date of March 1, 2014. The notes were secured by four entertainment retail centers in Ontario, Canada. In connection with the payment in full of the mortgage note, $192 thousand of deferred financing costs (net of accumulated amortization) were written off and $4.0 million of additional costs associated with loan payoff were incurred.
[3] The Company’s mortgage note payable was prepaid in full on June 24, 2013 prior to is maturity date of April 1, 2014. The note was secured by one entertainment retail center. In connection with the payment in full of the mortgage note, $47 thousand of deferred financing costs (net of accumulated amortization) were written off and $1.7 million of additional costs associated with loan payoff were incurred.
[4] The Company’s mortgage note payable due June 5, 2015 is secured by one entertainment retail center, which had a net book value of approximately $48.4 million at December 31, 2013. The note had an initial balance of $36.0 million and the monthly payments are based on a 30 year amortization schedule. The note requires monthly principal and interest payments of approximately $206 thousand with a final principal payment at maturity of approximately $30.1 million.
[5] On September 25, 2013, the Company assumed a mortgage note payable of $5.4 million in conjunction with the acquisition of a theatre property, which had a net book value of $11.2 million at December 31, 2013 . The note bears interest at a fixed rate of 5.39% and matures on November 1, 2015. The note requires monthly principal and interest payments of approximately $50 thousand with a final principal payment at maturity of $4.7 million. Upon acquisition, the carrying value of the note approximated fair value.
[6] The Company’s mortgage notes payable due November 6, 2015 are secured by six theatre properties, which had a net book value of approximately $76.5 million at December 31, 2013. The notes had initial balances totaling $79.0 million and the monthly payments are based on a 25 year amortization schedule. The notes require monthly principal and interest payments totaling approximately $498 thousand with a final principal payment at maturity totaling approximately $60.7 million
[7] The Company’s mortgage notes payable due March 6, 2016 are secured by two theatre properties, which had a net book value of approximately $32.3 million at December 31, 2013. The notes had initial balances totaling $44.0 million and the monthly payments are based on a 25 year amortization schedule. The notes require monthly principal and interest payments totaling approximately $279 thousand with a final principal payment at maturity totaling approximately $33.9 million.
[8] The Company’s mortgage notes payable due June 30, 2016 are secured by two theatre properties, which had a net book value of approximately $31.8 million at December 31, 2013. The notes had initial balances totaling $31.0 million and the monthly payments are based on a 25 year amortization schedule. The notes require monthly principal and interest payments totaling approximately $207 thousand with a final principal payment at maturity totaling approximately $24.4 million.
[9] The Company’s mortgage notes payable due October 1, 2016 are secured by four theatre properties, which had a net book value of approximately $26.9 million at December 31, 2013. The notes had initial balances totaling $27.8 million and the monthly payments are based on a 25 year amortization schedule. The notes require monthly principal and interest payments totaling approximately $180 thousand with a final principal payment at maturity totaling approximately $21.6 million.
[10] The Company’s mortgage notes payable due October 6, 2016 are secured by three theatre properties, which had a net book value of approximately $19.2 million at December 31, 2013. The notes had initial balances totaling $20.9 million and the monthly payments are based on a 25 year amortization schedule. The notes require monthly principal and interest payments totaling approximately $135 thousand with a final principal payment at maturity totaling approximately $16.2 million.
[11] The Company’s mortgage note payable due March 1, 2017 is secured by one theatre property, which had a net book value of approximately $9.4 million at December 31, 2013. The note had an initial balance of $11.6 million and the monthly payments are based on a 25 year amortization schedule. The note requires monthly principal and interest payments of approximately $75 thousand with a final principal payment at maturity of approximately $9.0 million.
[12] The Company’s mortgage note payable due April 6, 2017 is secured by one theatre property, which had a net book value of approximately $9.0 million at December 31, 2013. The note had an initial balance of $11.9 million and the monthly payments are based on a 30 year amortization schedule. The note requires monthly principal and interest payments of approximately $77 thousand with a final principal payment at maturity of approximately $9.2 million.
[13] The Company’s mortgage notes payable due May 1, 2017 are secured by four theatre properties, which had a net book value of approximately $30.8 million at December 31, 2013. The notes had initial balances totaling $38.9 million and the monthly payments are based on a 25 year amortization schedule. The notes require monthly principal and interest payments totaling approximately $247 thousand with a final principal payment at maturity totaling approximately $30.0 million. The weighted average interest rate on these notes is 5.85%.
[14] On March 3, 2011, the Company assumed a mortgage note payable of $3.8 million in conjunction with the acquisition of a theatre property. The note was recorded at fair value upon acquisition which was estimated to be $4.1 million. The fair value of the note was determined by discounting the future cash flows of the note using an estimated current market rate of 5.29%. The note is due July 1, 2017 and is secured by one theatre property, which had a net book value of approximately $8.4 million at December 31, 2013. The monthly payments are based on a 25 year amortization schedule and the note requires monthly principal and interest payments of approximately $28 thousand with a final principal payment at maturity of approximately $3.2 million.
[15] The Company’s mortgage notes payable due August 1, 2017 are secured by two theatre properties, which had a net book value of approximately $22.7 million at December 31, 2013. The notes had initial balances totaling $28.0 million and the monthly payments are based on a 25 year amortization schedule. The notes require monthly principal and interest payments totaling approximately $178 thousand with a final principal payment at maturity totaling approximately $21.7 million.
[16] The Company’s mortgage note payable due February 1, 2018 is secured by one theatre property which had a net book value of approximately $20.0 million at December 31, 2013. The mortgage loan had an initial balance of $17.5 million and the monthly payments are based on a 20 year amortization schedule. The note requires monthly principal and interest payments of approximately $127 thousand with a final principal payment at maturity of approximately $11.6 million.
[17] The Company’s mortgage note payable due July 15, 2018 is secured by one theatre property, which had a net book value of approximately $17.9 million at December 31, 2013. The note had an initial balance of $18.9 million and the monthly payments are based on a 20 year amortization schedule. The notes require monthly principal and interest payments of approximately $151 thousand with a final principal payment at maturity of approximately $843 thousand
[18] On July 23, 2013, the Company amended and restated its unsecured term loan payable. The amendments to the unsecured term loan facility (i) increase the initial amount from $255.0 million to $265.0 million and increase the accordion such that the maximum amount available under the facility increased from $350.0 million to $400.0 million, (ii) extend the maturity date from January 5, 2017, to July 23, 2018, (iii) lower the interest rate in all but the lowest senior unsecured credit rating tiers which was LIBOR plus 1.60% at closing and (iv) add four new subsidiary borrowers.
[19] On July 23, 2013, the Company amended and restated its unsecured revolving credit facility (the facility). The amendments to the facility (i) increase the initial amount from $400.0 million to $440.0 million and increase the accordion such that the maximum borrowing amount available under the facility increased from $500.0 million to $600.0 million, (ii) extend the maturity date from October 13, 2015, to July 23, 2017 (with the Company having the same right as before to extend the loan for one additional year, subject to certain terms and conditions), (iii) lower the interest rate and facility fee pricing based on a grid related to the Company's senior unsecured credit ratings which was LIBOR plus 1.40% and 0.30%, respectively, at closing, (iv) revise certain definitions to broaden the types of properties eligible for consideration in the borrowing base, (v) increase borrowing base availability by increasing the values assigned to the Company's properties and (vi) add four new subsidiary borrowers. In connection with the amendment, $188 thousand of deferred financing costs (net of accumulated amortization) were written off. The Company subsequently exercised a portion of the accordion under its new unsecured revolving credit facility to increase the initial borrowing amount available under the facility from $440.0 million to $475.0 million. As of December 31, 2013, the Company had no balance outstanding under the facility and the total availability under the revolving credit facility was $475.0 million.
[20] On June 30, 2010, the Company issued $250.0 million in senior unsecured notes due on July 15, 2020. The notes bear interest at 7.75%. Interest is payable on July 15 and January 15 of each year beginning on January 15, 2011 until the stated maturity date of July 15, 2020. The notes were issued at 98.29% of their principal amount and are guaranteed by certain of the Company’s subsidiaries. The notes contain various covenants, including: (i) a limitation on incurrence of any debt that would cause the ratio of the Company’s debt to adjusted total assets to exceed 60%; (ii) a limitation on incurrence of any secured debt which would cause the ratio of the Company’s secured debt to adjusted total assets to exceed 40%; (iii) a limitation on incurrence of any debt which would cause the Company’s debt service coverage ratio to be less than 1.5 times; and (iv) the maintenance at all times of total unencumbered assets not less than 150% of the Company’s outstanding unsecured debt.
[21] On June 18, 2013, the Company issued $275.0 million in senior unsecured notes due on July 15, 2023. The notes bear interest at 5.25%. Interest is payable on January 15 and July 15 of each year beginning on January 15, 2014 until the stated maturity date of July 15, 2023. The notes were issued at 99.546% of their principal amount and are guaranteed by certain of the Company’s subsidiaries. The notes contain various covenants, including: (i) a limitation on incurrence of any debt that would cause the ratio of the Company’s debt to adjusted total assets to exceed 60%; (ii) a limitation on incurrence of any secured debt which would cause the ratio of the Company’s secured debt to adjusted total assets to exceed 40%; (iii) a limitation on incurrence of any debt which would cause the Company’s debt service coverage ratio to be less than 1.5 times and (iv) the maintenance at all times of the Company's total unencumbered assets such that they are not less than 150% of the Company’s outstanding unsecured debt.
[22] On August 8, 2012, the Company issued $350.0 million in senior unsecured notes due on August 15, 2022. The notes bear interest at 5.75%. Interest is payable on February 15 and August 15 of each year beginning on February 15, 2013 until the stated maturity date of August 15, 2022. The notes were issued at 99.998% of their principal amount and are guaranteed by certain of the Company’s subsidiaries. The notes contain various covenants, including: (i) a limitation on incurrence of any debt that would cause the ratio of the Company’s debt to adjusted total assets to exceed 60%; (ii) a limitation on incurrence of any secured debt which would cause the ratio of the Company’s secured debt to adjusted total assets to exceed 40%; (iii) a limitation on incurrence of any debt which would cause the Company’s debt service coverage ratio to be less than 1.5 times; and (iv) the maintenance at all times of total unencumbered assets not less than 150% of the Company’s outstanding unsecured debt.
[23] The Company’s bonds payable due October 1, 2037 are secured by three theatres, which had a net book value of approximately $23.8 million at December 31, 2013, and bear interest at a variable rate which resets on a weekly basis and was 0.06% at December 31, 2013. The bonds requires monthly interest only payments with principal due at maturity.