Quarterly report pursuant to Section 13 or 15(d)

Senior and Convertible Senior Notes (Tables)

v2.4.1.9
Senior and Convertible Senior Notes (Tables)
 3 Months Ended
Mar. 31, 2015
Debt Disclosure [Abstract]  
Components of senior and senior subordinated notes
Loans payable and other borrowings consist of the following (in thousands):
 
 
At March 31, 2015
 
At December 31, 2014
Other borrowings, real estate note payable (1)
 
$
34,406

 
$
30,722

$500 million unsecured revolving credit facility, maturing June 2018, with interest approximating LIBOR (approximately 0.18% at March 31, 2015) plus 2.25% or Prime (3.25% at March 31, 2015) plus 1.25%
 
27,000

 
—

Total
 
$
61,406

 
$
30,722

(1)     Reflects balance of non-recourse notes payable in connection with land purchases, with interest rates ranging from 0% to 6%.
Senior and convertible senior notes consist of the following (in thousands):
 
 
At March 31, 2015
 
At December 31, 2014
4.50% senior notes due 2018
 
$
175,000

 
$
175,000

7.15% senior notes due 2020. At March 31, 2015 and December 31, 2014 there was approximately $2,844 and $2,986 in net unamortized premium, respectively
 
302,844

 
302,986

7.00% senior notes due 2022
 
300,000

 
300,000

1.875% convertible senior notes due 2032
 
126,500

 
126,500

Total
 
$
904,344

 
$
904,486