Annual report pursuant to Section 13 and 15(d)

LOANS PAYABLE AND OTHER BORROWINGS (Tables)

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LOANS PAYABLE AND OTHER BORROWINGS (Tables)
 12 Months Ended
Dec. 31, 2017
Debt Disclosure [Abstract]  
Schedule of Loans Payable and Other Borrowings
Loans payable and other borrowings consist of the following (in thousands):
 
 
At December 31,
 
 
2017
 
2016
Other borrowings, real estate note payable (1)
 
$
17,354

 
$
17,195

$625.0 million unsecured revolving credit facility with interest approximating LIBOR (approximately 1.56% at December 31, 2017) plus 1.75% or Prime (4.50% at December 31, 2017) plus 0.75%
 
—

 
15,000

Total
 
$
17,354

 
$
32,195

(1)
Reflects balance of non-recourse notes payable in connection with land purchases, with interest rates ranging from 0% to 8%.