Debt Obligations (Tables)

9 Months Ended

Sep. 30, 2015

Debt Obligations

Schedule of Debt Obligations

The following table sets forth information regarding debt obligations by component as of September 30, 2015 and December 31, 2014  (dollar amounts in thousands):

		At September 30, 2015				At December 31, 2014
	Applicable			Available				Available
	Interest	Outstanding		for		Outstanding		for
Debt Obligations	Rate(1)	Balance		Borrowing		Balance		Borrowing
Bank Borrowings(2)	1.51%	$	165,500	$	234,500	$	—	$	400,000
Senior Unsecured Notes(3)	4.67%		352,467		n.a.		281,633		n.a.
Total	3.66%	$	517,967			$	281,633

(1) Represents weighted average of interest rate as of September 30, 2015.

(2) Subsequent to September 30, 2015, we exercised the $200,000 accordion feature of our $400,000 unsecured revolving line of credit increasing commitments under the credit facility to $600,000 and we borrowed $22,000 under our unsecured revolving line of credit. Accordingly, we have $187,500 outstanding under our unsecured revolving line of credit with $412,500 remaining for borrowing.

(3) Subsequent to September 30, 2015, we locked rate on our AIG shelf agreement on $100,000 senior unsecured notes with a coupon of 4.26% and anticipates selling notes to AIG on or around November 20, 2015.