Quarterly report pursuant to Section 13 or 15(d)

Note 8 - Notes Payable and Other Borrowings (Tables)

v3.23.3
Note 8 - Notes Payable and Other Borrowings (Tables)
9 Months Ended
Sep. 30, 2023
Notes Tables  
Schedule of Long-Term Debt Instruments [Table Text Block]
   

September 30, 2023

   

December 31, 2022

 
                   

Carrying

                   

Carrying

 
                   

Amount of

                   

Amount of

 
   

Debt

   

Interest

   

Pledged

   

Debt

   

Interest

   

Pledged

 
   

Balance

   

Rate

   

Assets

   

Balance

   

Rate

   

Assets

 

Community Development District Obligations

  $ 741       2.40 - 3.75 %     (1 )   $ 2,031       2.40 - 3.75 %     (1 )

TD Bank Term Loan and Line of Credit

    29,970       10.94 %     (2 )     34,509       8.95 %     (2 )

Regions Bank Revolving Line of Credit

    4,691       7.00 %     (3 )                  

IberiaBank Revolving Line of Credit (5)

    2,750       9.00 %     (4 )     2,250       8.00 %     (4 )

Comerica Letters of Credit (6)(7)

    1,455       N/A                          

TD Bank Construction Loan (6)

    5,358       7.57 %     58,238                    

Other

    21       4.22 %           9       4.22 %      

Unamortized debt issuance costs

    (139 )                     (256 )                

Total notes payable and other borrowings

  $ 44,847                     $ 38,543