Quarterly report pursuant to Section 13 or 15(d)

Loans Payable and Other Borrowings (Tables)

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Loans Payable and Other Borrowings (Tables)
 9 Months Ended
Sep. 30, 2015
Loans Payable and Other Borrowings [Abstract]  
Loans payable and other borrowings
Loans payable and other borrowings consist of the following (in thousands):
 
 
At September 30, 2015
 
At December 31, 2014
Other borrowings, real estate note payable (1)
 
$
41,898

 
$
30,722

$500 million unsecured revolving credit facility, maturing July 2019, with interest approximating LIBOR (approximately 0.19% at September 30, 2015) plus 1.75% or Prime (3.25% at September 30, 2015) plus 0.75%
 
—

 
—

Total
 
$
41,898

 
$
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 September 30, 2015
 
At December 31, 2014
4.50% senior notes due 2018
 
$
175,000

 
$
175,000

7.15% senior notes due 2020. At September 30, 2015 and December 31, 2014 there was approximately $2,560 and $2,986 in net unamortized premium, respectively
 
302,560

 
302,986

7.00% senior notes due 2022
 
300,000

 
300,000

6.00% senior notes due 2025
 
200,000

 
—

1.875% convertible senior notes due 2032 (1)
 
126,500

 
126,500

Total
 
$
1,104,060

 
$
904,486


(1)
The Convertible Notes may be redeemed by the note-holders on the fifth, tenth and fifteenth anniversary dates of the issuance date of the Convertible Notes.