Quarterly report pursuant to Section 13 or 15(d)

LOANS PAYABLE AND OTHER BORROWINGS (Tables)

v3.19.3
LOANS PAYABLE AND OTHER BORROWINGS (Tables)
9 Months Ended
Sep. 30, 2019
Debt Disclosure [Abstract]  
Schedule of Loans Payable and Other Borrowings
Loans payable and other borrowings consist of the following (in thousands):
 
 
As of
 
 
September 30, 2019
 
December 31, 2018
Other borrowings, real estate notes payable (1)
 
$
13,992

 
$
14,773

$780.0 million unsecured revolving credit facility with interest approximating LIBOR (approximately 2.02% at September 30, 2019) plus 1.375% or Prime (5.00% at September 30, 2019) plus 0.375%
 

 

Total
 
$
13,992

 
$
14,773

(1)
Reflects balance of non-recourse non-interest bearing notes payable in connection with land purchases.