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Mortgages and Notes Payable (Tables)
12 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The Company had the following mortgages and notes payable outstanding as of December 31, 2019 and 2018:
 
December 31, 2019
 
December 31, 2018
Mortgages and notes payable
$
393,872

 
$
575,514

Unamortized debt issuance costs
(3,600
)
 
(5,094
)
 
$
390,272

 
$
570,420


Schedule of Line of Credit Facilities A summary of the significant terms, as of December 31, 2019, are as follows:
 
Maturity Date
 
Interest Rate
$600,000 Revolving Credit Facility(1)
February 2023
 
LIBOR + 0.90%
$300,000 Term Loan(1)(2)
January 2025
 
LIBOR + 1.00%
Schedule of Maturities of Long-term Debt
Scheduled principal and balloon payments for mortgages, notes payable and term loan for the next five years and thereafter are as follows:
Year ending
December 31,
 
Total
2020
 
$
71,099

2021
 
36,597

2022
 
18,564

2023
 
20,136

2024
 
13,856

Thereafter
 
533,620

 
 
693,872

Unamortized debt issuance costs
(6,161
)
 
 
$
687,711


Scheduled principal payments for these debt instruments for the next five years and thereafter are as follows:
Year ending December 31,
 
Total
2020
 
$

2021
 

2022
 

2023
 
250,000

2024
 
250,000

Thereafter
 
129,120

 
 
629,120

Unamortized debt discounts
 
(963
)
Unamortized debt issuance costs
 
(3,891
)
 
 
$
624,266