Meritage Homes Corporation Quarterly report pursuant to Section 13 or 15(d)

LOANS PAYABLE AND OTHER BORROWINGS (Tables)

3 Months Ended

Mar. 31, 2019

Loans payable and other borrowings consist of the following (in thousands):



	As of
	March 31, 2019		December 31, 2018
Other borrowings, real estate notes payable ⁽¹⁾	13,785		$	14,773
$780.0 million unsecured revolving credit facility with interest approximating LIBOR (approximately 2.49% at March 31, 2019) plus 1.75% or Prime (5.50% at March 31, 2019) plus 0.75%	—		—
Total	$	13,785	$	14,773


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