XML 45 R34.htm IDEA: XBRL DOCUMENT v3.4.0.3
Debt (Tables)
3 Months Ended
Mar. 31, 2016
Debt Disclosure [Abstract]  
Debt
Debt consists of the following at March 31, 2016:

Principal

Unamortized Discount and Debt Issuance Costs

Net
Refinanced loan in the Pier Park North joint venture, due November 2025, bearing interest at 4.1%
$
48,200


$
688


$
47,512

Community Development District debt, secured by certain real estate and standby note purchase agreements, due May 2031 - May 2039, bearing interest at 3.1% to 7.0% at March 31, 2016
7,134




7,134

Total debt
$
55,334


$
688


$
54,646



Debt consists of the following at December 31, 2015:
 
Principal
 
Unamortized Discount and Debt Issuance Costs
 
Net
Refinanced loan in the Pier Park North joint venture, due November 2025, bearing interest at 4.1%
$
48,200

 
$
720

 
$
47,480

Community Development District debt, secured by certain real estate and standby note purchase agreements, due May 2016 - May 2039, bearing interest at 2.8% to 7.0% at December 31, 2015
6,994

 

 
6,994

Total debt
$
55,194

 
$
720

 
$
54,474

Maturities of Debt
The aggregate maturities of debt subsequent to March 31, 2016 are:
 
March 31,
2016
2016
$
213

2017
988

2018
1,029

2019
1,071

2020
1,116

Thereafter
50,917

 
$
55,334