MORTGAGE NOTES AND LOANS PAYABLE (Tables)

12 Months Ended

Sep. 30, 2019

Mortgage Notes And Loans Payable

SUMMARY OF FIXED RATE MORTGAGE NOTES PAYABLE

The following is a summary of our Fixed Rate Mortgage Notes Payable as of September 30, 2019 and 2018 (in thousands):

	9/30/19						9/30/18
	Amount			Weighted Average Interest Rate (1)			Amount			Weighted Average Interest Rate (1)
Fixed Rate Mortgage Notes Payable	$	752,916			4.03	%	$	719,768			4.07	%
Debt Issuance Costs	$	11,733					$	11,716
Accumulated Amortization of Debt Issuance Costs		(3,745	)					(3,494	)
Unamortized Debt Issuance Costs	$	7,988					$	8,222
Fixed Rate Mortgage Notes Payable, net of Unamortized Debt Issuance Costs	$	744,928					$	711,546

(1) Weighted average interest rate excludes amortization of debt issuance costs.

SUMMARY OF MORTGAGE NOTES PAYABLE

The following is a summary of our mortgage notes payable by property at September 30, 2019 and 2018 (in thousands):

Property		Fixed Rate			Maturity Date	Balance 9/30/19		Balance 9/30/18
Tampa, FL (FDX Ground)	(1)		6.00	%	03/01/19	$	0	$	5,144
Lebanon, TN (Nashville)	(1)		7.60	%	07/10/19		0		7,217
Ft. Mill, SC (Charlotte, NC)	(1)		7.00	%	10/10/19		0		725
Denver, CO	(1)		6.07	%	11/01/19		0		414
Hanahan, SC (Charleston)(Amazon)	(1)		5.54	%	01/21/20		0		466
Augusta, GA (FDX Ground)			5.54	%	02/01/20		102		339
Huntsville, AL			5.50	%	03/01/20		140		371
Topeka, KS			6.50	%	08/10/21		584		860
Streetsboro, OH (Cleveland)			5.50	%	11/01/21		8,680		9,300
Kansas City, MO			5.18	%	12/01/21		6,457		6,633
Olive Branch, MS (Memphis, TN)(Anda Pharmaceuticals, Inc.)			4.80	%	04/01/22		6,927		7,564
Waco, TX			4.75	%	08/01/22		3,931		4,235
Houston, TX			6.88	%	09/10/22		1,643		2,148
Tolleson, AZ (Phoenix)			3.95	%	11/01/22		2,882		3,720
Edwardsville, KS (Kansas City)(International Paper)			3.45	%	11/01/23		8,421		9,189
Spring, TX (Houston)			4.01	%	12/01/23		7,287		7,925
Memphis, TN			4.50	%	01/01/24		4,202		5,061
Oklahoma City, OK (FDX Ground)			4.35	%	07/01/24		2,890		3,416
Indianapolis, IN			4.00	%	09/01/24		9,454		10,437
Frankfort, KY (Lexington)			4.84	%	12/15/24		15,672		16,639
Carrollton, TX (Dallas)			6.75	%	02/01/25		5,623		6,456
Altoona, PA	(2)		4.00	%	10/01/25		2,848		3,253
Green Bay, WI	(2)		4.00	%	10/01/25		2,311		2,640
Stewartville, MN (Rochester)	(2)		4.00	%	10/01/25		1,852		2,116
Carlstadt, NJ (New York, NY)			5.25	%	05/15/26		1,408		1,580
Roanoke, VA (FDX Ground)			3.84	%	07/01/26		3,905		4,395
Livonia, MI (Detroit)			4.45	%	12/01/26		5,649		6,295
Oklahoma City, OK (Amazon)			3.64	%	12/01/27		18,206		19,014
Olive Branch, MS (Memphis, TN)(Milwaukee Tool)			3.76	%	10/01/28		19,917		21,723
Tulsa, OK			4.58	%	11/01/28		1,552		1,685
Oklahoma City, OK (Bunzl)			4.13	%	07/01/29		5,124		5,538
Lindale, TX (Tyler)			4.57	%	11/01/29		5,242		5,638
Sauget, IL (St. Louis, MO)			4.40	%	11/01/29		7,956		8,564
Jacksonville, FL (FDX Ground)			3.93	%	12/01/29		15,072		16,244
Imperial, PA (Pittsburgh)			3.63	%	04/01/30		10,407		11,200
Monroe, OH (Cincinnati)	(3)		3.77	%	04/01/30		6,626		7,126
Monroe, OH (Cincinnati)	(3)		3.85	%	04/01/30		7,000		0
Greenwood, IN (Indianapolis)			3.91	%	06/01/30		18,780		20,159
Ft. Worth, TX (Dallas)			3.56	%	09/01/30		19,342		20,754
Concord, NC (Charlotte)			3.87	%	12/01/30		16,654		17,813
Covington, LA (New Orleans)			4.08	%	01/01/31		10,425		11,134
Burlington, WA (Seattle/Everett)			3.67	%	05/01/31		16,635		17,757
Louisville, KY			3.74	%	07/01/31		6,121		6,525
Colorado Springs, CO			3.90	%	07/01/31		15,632		16,652
Davenport, FL (Orlando)			3.89	%	09/01/31		22,274		23,703
Olathe, KS (Kansas City)			3.96	%	09/01/31		18,759		19,957
Hamburg, NY (Buffalo)			4.03	%	11/01/31		20,075		21,329
Ft. Myers, FL (FDX Ground)			3.97	%	01/01/32		12,510		13,281
Savannah, GA			3.53	%	02/01/32		30,304		32,216
Walker, MI (Grand Rapids)			3.86	%	05/01/32		18,365		19,469
Mesquite, TX (Dallas)			3.60	%	07/01/32		29,171		30,928

Property	Fixed Rate			Maturity Date	Balance 9/30/19		Balance 9/30/18
Aiken, SC (Augusta, GA)		4.20	%	07/01/32	$	13,683	$	14,471
Homestead, FL (Miami)		3.60	%	07/01/32		21,989		23,314
Mobile, AL		4.14	%	07/01/32		17,802		18,832
Concord, NC (Charlotte)		3.80	%	09/01/32		23,492		24,863
Kenton, OH		4.45	%	10/01/32		10,874		11,473
Stow, OH		4.17	%	10/01/32		11,484		12,130
Charleston, SC (FDX)		4.23	%	12/01/32		12,968		13,683
Daytona Beach, FL		4.25	%	05/31/33		18,224		19,188
Charleston, SC (FDX Ground)		3.82	%	09/01/33		28,356		29,860
Braselton, GA (Atlanta)		4.02	%	10/01/33		37,898		39,700
Buckner, KY (Louisville)		4.17	%	11/01/33		14,566		15,307
Trenton, NJ		4.13	%	11/01/33		52,759		0
Savannah, GA (FDX Ground)		4.40	%	12/01/33		16,872		0
Lafayette, IN		4.25	%	08/01/34		16,932		0
Total Mortgage Notes Payable					$	752,916	$	719,768

(1)	Loan was paid in full during fiscal 2019.
(2)	One self-amortizing loan is secured by Altoona, PA, Green Bay, WI and Stewartville (Rochester), MN.
(3)	Two self-amortizing loans secured by same property.

SCHEDULE OF MATURITIES OF LONG-TERM DEBT

Principal on the foregoing debt at September 30, 2019 is scheduled to be paid as follows (in thousands):

Year Ending September 30,	2020	$	53,394
	2021		55,360
	2022		77,516
	2023		56,240
	2024		69,293
	Thereafter		441,113
	Total	$	752,916