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Notes Payable (Tables)
12 Months Ended
Dec. 31, 2017
Notes Payable [Abstract]  
Schedule of Long-term Debt Instruments
 
 
 
 
 
 
 
 
December 31,
 
 
Lender
 
Interest Rate
 
Expiration
 
2017
 
2016
 
 
 
 
 
 
 
 
(Amounts in thousands)
Secured credit facility(1)
 
Bank of America
 
LIBOR plus 40 basis points
 
December 3, 2018
 
$

 
$
120,000

Secured loan(1)
 
Union Bank
 
LIBOR plus 40 basis points
 
December 3, 2017
 

 
20,000

Unsecured credit facility(1)
 
Bank of America and Union Bank
 
LIBOR plus 112.5-162.5 basis points
 
December 3, 2019
 

 
180,000

Senior unsecured notes(2)
 
Publicly traded
 
4.40%
 
March 15, 2027
 
375,000

 

Unsecured credit facility(3)
 
Bank of America and Wells Fargo Bank
 
LIBOR plus 112.5-162.5 basis points
 
March 29, 2022
 

 

    Total principal amount
 
 
 
 
 
 
 
375,000

 
320,000

Less unamortized discount and debt issuance costs(4)
 
 
 
 
 
 
 
3,665

 

Total
 
 
 
 
 
 
 
$
371,335

 
$
320,000


__________ 
(1) 
Schedule of Maturities of Long-term Debt
Maturity
 
Amounts
 
 
(in thousands)

2018
 
$

2019
 

2020
 

2021
 

2022
 

Thereafter
 
375,000

Total
 
$
375,000