Annual report pursuant to Section 13 and 15(d)

Notes Payable And Other Borrowings (Tables)

v3.20.4
Notes Payable And Other Borrowings (Tables)
12 Months Ended
Dec. 31, 2020
Notes Payable And Other Borrowings [Abstract]  
Notes Payable And Other Borrowings





 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

December 31, 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      

 

$

27,565 

 

 

4.25-6.00%

 

$

42,230 

 

$

29,287 

 

 

4.25-6.00%

 

$

49,352 

TD Bank Term Loan and Line of Credit

 

 

45,573 

 

 

3.30% 

 

 

(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)

 

 

1,428 

 

 

5.25% 

 

 

1,840 

 

 

1,469 

 

 

5.25% 

 

 

1,892 

Other

 

 

43 

 

 

4.22% 

 

 

 —

 

 

223 

 

 

15.00% 

 

 

 —

Unamortized debt issuance costs

 

 

(1,126)

 

 

 

 

 

 

 

 

(824)

 

 

 

 

 

 

Total notes payable and other borrowings

 

$

73,483 

 

 

 

 

 

 

 

$

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 on the note.

(3)

BBX Capital was guarantor on the note prior to BBXRE’s repayment of the note in December 2019.

(4)

BBX Capital is guarantor of the note.



Contractual Minimum Principal Payments Of Debt Outstanding



 

 

 



 

 

 



 

Notes Payable and Other Borrowings

2021

 

$

2,643 

2022

 

 

3,490 

2023

 

 

4,275 

2024

 

 

6,468 

2025

 

 

32,643 

Thereafter

 

 

25,090 



 

 

74,609 

Unamortized debt issuance costs

 

 

(1,126)

Total Debt

 

$

73,483