Debt Obligations (Tables)

3 Months Ended

Mar. 31, 2021

Debt Obligations

Schedule of Debt Obligations

The debt obligations by component as of March 31, 2021 and December 31, 2020 are as follows (dollar amounts in thousands):

		At March 31, 2021				At December 31, 2020
	Applicable			Available				Available
	Interest	Outstanding		for		Outstanding		for
Debt Obligations	Rate (1)	Balance		Borrowing		Balance		Borrowing
Bank borrowings (2)	1.30%	$	106,900	$	493,100	$	89,900	$	510,100
Senior unsecured notes, net of debt issue costs	4.37%		552,521		—		559,482		—
Total	3.87%	$	659,421	$	493,100	$	649,382	$	510,100

(1) Represents weighted average of interest rate as of March 31, 2021.

(2) Subsequent to March 31, 2021, we paid down $5,000 under our unsecured revolving line of credit. Accordingly, we have $101,900 outstanding and $498,100 available for borrowing under our unsecured revolving line of credit at April 29, 2021.

Schedule of borrowings and repayments

Our borrowings and repayments are as follows (in thousands):

	Three Months Ended March 31,
	2021					2020
Debt Obligations		Borrowings		Repayments		Borrowings		Repayments
Bank borrowings	$	17,000	$	—	(1)	$	24,000	$	(28,000)
Senior unsecured notes		—		(7,000)			—		—
Total	$	17,000	$	(7,000)		$	24,000	$	(28,000)

(1) Subsequent to March 31, 2021, we paid down $5,000 under our unsecured revolving line of credit. Accordingly, we have $101,900 outstanding and $498,100 available for borrowing under our unsecured revolving line of credit at April 29, 2021.