Quarterly report pursuant to Section 13 or 15(d)

LOANS PAYABLE AND OTHER BORROWINGS (Tables)

v3.21.1
LOANS PAYABLE AND OTHER BORROWINGS (Tables)
3 Months Ended
Mar. 31, 2021
Debt Disclosure [Abstract]  
Schedule of Loans Payable and Other Borrowings
Loans payable and other borrowings consist of the following (in thousands):
As of
March 31, 2021 December 31, 2020
Other borrowings, real estate notes payable (1)
$ 23,344  $ 23,094 
$780.0 million unsecured revolving credit facility with interest approximating LIBOR (approximately 0.11% at March 31, 2021) plus 1.375% or Prime (3.25% at March 31, 2021) plus 0.375%
—  — 
Total $ 23,344  $ 23,094 
(1)Reflects balance of non-recourse notes payable in connection with land purchases.