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Mortgages and Notes Payable (Tables)
12 Months Ended
Dec. 31, 2017
Debt Instrument [Line Items]  
Schedule of Long-term Debt Instruments
The Company had the following mortgages and notes payable outstanding as of December 31, 2017 and 2016:
 
December 31, 2017
 
December 31, 2016
Mortgages and notes payable
$
697,068

 
$
745,173

Unamortized debt issuance costs
(7,258
)
 
(7,126
)
 
$
689,810

 
$
738,047

Schedule of Line of Credit Facilities
A summary of the significant terms are as follows:
 

Maturity Date
 
Current
Interest Rate
$505,000 Revolving Credit Facility(1)
August 2019
 
LIBOR + 1.00%
$300,000 Term Loan(2)(4)
August 2020
 
LIBOR + 1.10%
$300,000 Term Loan(3)(4)
January 2021
 
LIBOR + 1.10%
(1)
Increased from $400,000. Maturity date can be extended to August 2020 at the Company's option. The interest rate ranges from LIBOR plus 0.85% to 1.55%. At December 31, 2017, the revolving credit facility had $160,000 borrowings outstanding and availability of $345,000, subject to covenant compliance.
(2)
Increased from $250,000. The interest rate ranges from LIBOR plus 0.90% to 1.75%. The Company has aggregate interest-rate swap agreements to fix the LIBOR component at a weighted-average rate of 1.09% through February 2018 on $250,000 of the $300,000 outstanding LIBOR-based borrowings.
(3)
Increased from $255,000. The interest rate ranges from LIBOR plus 0.90% to 1.75%. The Company has aggregate interest-rate swap agreements to fix the LIBOR component at a weighted-average rate of 1.42% through January 2019 on $255,000 of the $300,000 outstanding LIBOR-based borrowings.
(4)
The aggregate unamortized debt issuance costs for the term loans were $3,337 and $3,907 as of December 31, 2017 and 2016, respectively.
Mortgages and Notes Payable [Member]  
Debt Instrument [Line Items]  
Schedule of Maturities of Long-term Debt
Scheduled principal and balloon payments for mortgages, notes payable, credit facility borrowings and term loans for the next five years and thereafter are as follows:
Year ending
December 31,
 
Total
2018
 
$
35,940

2019
 
270,448

2020
 
355,147

2021
 
340,465

2022
 
30,120

Thereafter
 
424,948

 
 
1,457,068

Unamortized debt discounts
(10,595
)
 
 
$
1,446,473

LCIF [Member]  
Debt Instrument [Line Items]  
Schedule of Long-term Debt Instruments
The Partnership had the following mortgages and notes payable outstanding as of December 31, 2017 and 2016:
 
December 31, 2017
 
December 31, 2016
Mortgages and notes payable
$
214,303

 
$
169,958

Unamortized debt issuance costs
(1,511
)
 
(746
)
 
$
212,792

 
$
169,212

Schedule of Line of Credit Facilities
A summary of the significant terms are as follows:
 
Maturity Date
 
Current
Interest Rate
$505,000 Revolving Credit Facility(1)
August 2019
 
LIBOR + 1.00%
$300,000 Term Loan(2)
August 2020
 
LIBOR + 1.10%
$300,000 Term Loan(3)
January 2021
 
LIBOR + 1.10%
(1)
Increased from $400,000. Maturity date can be extended to August 2020 at the Lexington's option. The interest rate ranges from LIBOR plus 0.85% to 1.55%. At December 31, 2017, the revolving credit facility had $160,000 of borrowings outstanding and availability of $345,000 subject to covenant compliance.
(2)
Increased from $250,000. The interest rate ranges from LIBOR plus 0.90% to 1.75%. Interest-rate swap agreements exist to fix the LIBOR component at a weighted-average rate of 1.09% through February 2018 on $250,000 of the $300,000 outstanding LIBOR-based borrowings.
(3)
Increased from $255,000. The interest rate ranges from LIBOR plus 0.90% to 1.75%. Interest-rate swap agreements exist to fix the LIBOR component at a weighted-average rate of 1.42% through January 2019 on $255,000 of the $300,000 outstanding LIBOR-based borrowings.