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Debt (Tables)
3 Months Ended
Mar. 31, 2015
Debt Disclosure [Abstract]  
Summary of Borrowings

At March 31, 2015, our borrowings consisted of the following (dollars in thousands):

 

Senior unsecured revolving credit facility

$ 30,917   

Mortgage debt

  69,981   
  

 

 

 

Total

  100,898   
  

 

 

 
Summary of Mortgage Debt

The table below provides a summary of our mortgage debt at March 31, 2015 (dollars in thousands):

 

Property

   Fixed/Floating    Contractual
Interest
Rate
    Effective
Interest
Rate
   

Maturity

Date

   Principal
Balance
     Premium/Discount     Carrying
Value
 

CBP- Savannah

   Fixed      3.40     4.12   July 2033    $ 16,070         (907   $ 15,163   

ICE - Charleston

   Fixed      4.21     3.93   January 2027      22,767         438        23,205   

MEPCOM - Jacksonville

   Fixed      4.41     3.89   October 2025      13,030         360        13,390   

USFS II - Albuquerque

   Fixed      4.46     3.92   July 2026      17,500         723        18,223   
            

 

 

    

 

 

   

 

 

 

Total

$ 69,367    $ 614      69,981   
Summary of Aggregate Debt Maturities

The Company’s aggregate debt maturities as of March 31, 2015 are as follows (dollars in thousands):

 

     Total  

2015

   $ 1,828   

2016

     2,857   

2017

     2,977   

2018

     3,100   

2019

     34,146   

Thereafter

     55,376   
  

 

 

 
  100,284   

Unamortized fair value adjustments

  614   
  

 

 

 
$ 100,898