Annual report pursuant to Section 13 and 15(d)

Loans Payable and Other Borrowings (Tables)

v2.4.1.9
Loans Payable and Other Borrowings (Tables)
 12 Months Ended
Dec. 31, 2014
Loans Payable and Other Borrowings [Abstract]  
Loans payable and other borrowings
Loans payable and other borrowings consist of the following (in thousands):
 
 
At December 31, 2014
 
At December 31, 2013
Other borrowings, real estate note payable (1)
 
$
30,722

 
$
15,993

$400 million unsecured revolving credit facility, maturing June 2018, with interest approximating LIBOR (approximately 0.1695% at December 31, 2014) plus 2.25% or Prime (3.25% at December 31, 2014) plus 1.25%
 
—

 
—

Total
 
$
30,722

 
$
15,993

(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 December 31, 2014
 
At December 31, 2013
4.50% senior notes due 2018
 
$
175,000

 
$
175,000

7.15% senior notes due 2020. At December 31, 2014 and December 31, 2013 there was approximately $2,986 and $3,555 in net unamortized premium, respectively
 
302,986

 
303,555

7.00% senior notes due 2022
 
300,000

 
300,000

1.875% convertible senior notes due 2032
 
126,500

 
126,500

Total
 
$
904,486

 
$
905,055