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Mortgages and Notes Payable
12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Mortgages and Notes Payable Mortgages and Notes Payable
The Company had the following mortgages and notes payable outstanding as of December 31, 2020 and 2019:
December 31, 2020December 31, 2019
Mortgages and notes payable$138,412 $393,872 
Unamortized debt issuance costs(1,883)(3,600)
$136,529 $390,272 
Interest rates, including imputed rates on mortgages and notes payable, ranged from 3.5% to 6.3% and 3.5% to 6.5% at December 31, 2020 and 2019, respectively, and all mortgages and notes payable mature between 2021 and 2032, as of December 31, 2020. The weighted-average interest rate at December 31, 2020 and 2019 was approximately 4.5%.
The Company has an unsecured credit agreement with KeyBank National Association, as agent. The maturity dates and interest rates as of December 31, 2020, are as follows:
Maturity DateInterest Rate
$600,000 Revolving Credit Facility(1)
February 2023LIBOR + 0.90%
$300,000 Term Loan(2)
January 2025LIBOR + 1.00%
(1)     Maturity date of the revolving credit facility can be extended to February 2024 at the Company's option. The interest rate ranges from LIBOR plus 0.775% to 1.45%. At December 31, 2020, the Company had no borrowings outstanding and availability of $600,000, subject to covenant compliance.
(2) The LIBOR portion of the interest rate was swapped to obtain a current fixed rate of 2.732% per annum. The aggregate unamortized debt issuance costs for the term loan was $2,057 and $2,561 as of December 31, 2020 and 2019, respectively.

The unsecured revolving credit facility and the unsecured term loan are subject to financial covenants, which the Company was in compliance with at December 31, 2020.
Mortgages payable and secured loans are generally collateralized by real estate and the related leases. Certain mortgages payable have yield maintenance or defeasance requirements relating to any prepayments.
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
2021$24,119 
202212,224 
202313,267 
20246,431 
2025306,576 
Thereafter75,795 
438,412 
Unamortized debt issuance costs(3,940)
$434,472 

Included in the consolidated statements of operations, the Company recognized debt satisfaction charges, net, of $9 and $898 for the years ended December 31, 2019 and 2018, respectively, due to the satisfaction of mortgages and notes payable other than those disclosed elsewhere in these financial statements. In addition, the Company capitalized $1,745, $410 and $15 in interest for the years ended 2020, 2019 and 2018, respectively.