Note 14 - Senior Notes

3 Months Ended

Mar. 31, 2020

Notes to Financial Statements

Long-term Debt [Text Block]

14. Senior Notes

The carrying values of our senior notes as of March 31, 2020 and December 31, 2019, net of any unamortized debt issuance costs or discount, were as follows:

	March 31,		December 31,
	2020		2019
	(Dollars in thousands)
5.625% Senior Notes due February 2020, net	$	-	$	249,909
5.500% Senior Notes due January 2024, net		249,060		249,005
3.850% Senior Notes due January 2030, net		297,285		-
6.000% Senior Notes due January 2043, net		490,555		490,508
Total	$	1,036,900	$	989,422

Our senior notes are not secured and, while the senior note indentures contain some restrictions on secured debt and other transactions, they do not contain financial covenants. Our senior notes are fully and unconditionally guaranteed on an unsecured basis, jointly and severally, by most of our homebuilding segment subsidiaries.