Quarterly report pursuant to Section 13 or 15(d)

Notes Payable And Other Borrowings (Tables)

v3.21.2
Notes Payable And Other Borrowings (Tables)
9 Months Ended
Sep. 30, 2021
Notes Payable And Other Borrowings [Abstract]  
Notes Payable And Other Borrowings

September 30, 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

$

12,691

4.25-6.00%

$

18,542

$

27,565

4.25-6.00%

$

42,230

TD Bank Term Loan and Line of Credit

50,905

3.92%

(1)

45,573

3.30%

(1)

IberiaBank Revolving Line of Credit (2)

2,041

3.75%

(3)

IberiaBank Note (2)

1,427

3.50%

1,802

Centennial Bank Note (2)

—%

1,428

5.25%

1,840

Other

30

4.22%

43

4.22%

Unamortized debt issuance costs

(619)

(1,126)

Total notes payable and other borrowings

$

66,475

$

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.

(3)The collateral is a blanket lien on LOC’s assets.