Quarterly report pursuant to Section 13 or 15(d)

Notes Payable And Other Borrowings (Tables)

v3.21.1
Notes Payable And Other Borrowings (Tables)
3 Months Ended
Mar. 31, 2021
Notes Payable And Other Borrowings [Abstract]  
Notes Payable And Other Borrowings





 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

March 31, 2021

 

December 31, 2020



 

 

 

 

 

 

 

Carrying

 

 

 

 

 

 

 

Carrying



 

 

 

 

 

 

 

Amount of

 

 

 

 

 

 

 

Amount of



 

Debt

 

Interest

 

Pledged

 

Debt

 

Interest

 

Pledged



 

Balance

 

Rate

 

Assets

 

Balance

 

Rate

 

Assets

Community Development District Obligations      

 

$

21,611 

 

 

4.25-6.00%

 

$

33,871 

 

$

27,565 

 

 

4.25-6.00%

 

$

42,230 

TD Bank Term Loan and Line of Credit

 

 

46,767 

 

 

3.26% 

 

 

(1)

 

 

45,573 

 

 

3.30% 

 

 

(1)

Centennial Bank Note (2)

 

 

1,417 

 

 

5.25% 

 

 

1,828 

 

 

1,428 

 

 

5.25% 

 

 

1,840 

Other

 

 

39 

 

 

4.22% 

 

 

 —

 

 

43 

 

 

4.22% 

 

 

 —

Unamortized debt issuance costs

 

 

(887)

 

 

 

 

 

 

 

 

(1,126)

 

 

 

 

 

 

Total notes payable and other borrowings

 

$

68,947 

 

 

 

 

 

 

 

$

73,483 

 

 

 

 

 

 



(1)

The collateral is a blanket lien on Renin’s assets and the Company’s ownership interest in Renin.

(2)

BBX Capital is guarantor of the note.