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Note 9 - Notes, Mortgages and Construction Loan Payable
6 Months Ended
Jun. 30, 2019
Notes to Financial Statements  
Mortgage Notes Payable Disclosure [Text Block]

9. Notes, Mortgages and Construction Loan Payable

 

Notes Payable -

 

As of June 30, 2019, the Company’s unsecured revolving credit facility of $2.25 billion had an outstanding balance of $135.0 million and $0.3 million appropriated for letters of credit.

 

Mortgages and Construction Loan Payable -

 

During the six months ended June 30, 2019, the Company repaid $6.2 million of mortgage debt that encumbered two operating properties.

 

As of June 30, 2019, the Company’s construction loan commitment of $67.0 million relating to one of its development projects had an outstanding balance of $58.1 million.