Quarterly report pursuant to Section 13 or 15(d)

LOANS PAYABLE AND OTHER BORROWINGS (Tables)

v3.20.2
LOANS PAYABLE AND OTHER BORROWINGS (Tables)
9 Months Ended
Sep. 30, 2020
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, 2020 December 31, 2019
Other borrowings, real estate notes payable (1)
$ 23,031  $ 22,876 
$780.0 million unsecured revolving credit facility with interest approximating LIBOR (approximately 0.15% at September 30, 2020) plus 1.375% or Prime (3.25% at September 30, 2020) plus 0.375%
—  — 
Total $ 23,031  $ 22,876 
(1)Reflects non-recourse non-interest bearing notes payable in connection with land purchases.