Quarterly report pursuant to Section 13 or 15(d)

Notes Payable And Other Borrowings (Tables)

v3.22.1
Notes Payable And Other Borrowings (Tables)
3 Months Ended
Mar. 31, 2022
Notes Payable And Other Borrowings [Abstract]  
Notes Payable And Other Borrowings

March 31, 2022

December 31, 2021

Carrying

Carrying

Amount of

Amount of

Debt

Interest

Pledged

Debt

Interest

Pledged

Balance

Rate

Assets

Balance

Rate

Assets

Community Development District Obligations

$

5,871

2.40-6.00%

$

7,767

$

7,657

2.40-6.00%

$

9,669

TD Bank Term Loan and Line of Credit

48,299

4.65%

(1)

44,363

3.78%

(1)

IberiaBank Revolving Line of Credit (2)

1,941

4.00%

(3)

2,041

3.75%

(3)

IberiaBank Note (2)

1,418

3.50%

1,802

Other

22

4.22%

26

4.22%

Unamortized debt issuance costs

(558)

(622)

Total notes payable and other borrowings

$

55,575

$

54,883

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

(2)BBX Capital was guarantor of the note.

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