Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.20.2
Debt (Tables)
9 Months Ended
Sep. 30, 2020
Debt [Abstract]  
Notes Payable And Other Borrowings





 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

September 30, 2020

 

December 31, 2019



 

 

 

 

 

 

 

Carrying

 

 

 

 

 

 

 

Carrying



 

 

 

 

 

 

 

Amount of

 

 

 

 

 

 

 

Amount of



 

Debt

 

Interest

 

Pledged

 

Debt

 

Interest

 

Pledged



 

Balance

 

Rate

 

Assets

 

Balance

 

Rate

 

Assets

Community Development District Obligations      

 

$

30,536 

 

 

4.25-6.00%

 

$

44,129 

 

$

29,287 

 

 

4.25-6.00%

 

$

49,352 

TD Bank Term Loan and Line of Credit

 

 

4,929 

 

 

3.46%

 

 

(1)

 

 

6,826 

 

 

5.00%

 

 

(1)

Banc of America Leasing & Capital Equipment Note

 

 

 —

 

 

 —

 

 

 —

 

 

355 

 

 

4.75%

 

 

(2)

Bank of America Revolving Line of Credit

 

 

 —

 

 

 —

 

 

 —

 

 

2,000 

 

 

3.24%

 

 

 —

Unsecured Note (3)

 

 

 —

 

 

 —

 

 

 —

 

 

3,400 

 

 

6.00%

 

 

 —

Centennial Bank Note (4)

 

 

1,439 

 

 

5.25%

 

 

1,854 

 

 

1,469 

 

 

5.25%

 

 

1,892 

Other

 

 

47 

 

 

15.00%

 

 

 —

 

 

223 

 

 

15.00%

 

 

 —

Unamortized debt issuance costs

 

 

(951)

 

 

 

 

 

 

 

 

(824)

 

 

 

 

 

 

Total notes payable and other borrowings

 

$

36,000 

 

 

 

 

 

 

 

$

42,736 

 

 

 

 

 

 



(1)

The collateral is a blanket lien on Renin’s assets.

(2)

The collateral is a security interest in the equipment financed by the underlying note. Additionally, IT’SUGAR is guarantor of the note.

(3)

Parent was the guarantor of the note prior to BBXRE’s repayment of the note in December 2019.

(4)

BBX Capital is guarantor of the note.