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Debt Obligations (Tables) | 3 Months Ended
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Mar. 31, 2022
Debt Obligations |
Schedule of Debt Obligations | The following table sets forth information regarding debt obligations by component as of March 31, 2022 and December 31, 2021 (dollar amounts in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | At March 31, 2022 | ​ | At December 31, 2021 | ​
​ | ​ | Applicable | ​ | ​ | ​ | Available | ​ | ​ | ​ | Available | ​
​ | ​ | Interest | ​ | Outstanding | ​ | for | ​ | Outstanding | ​ | for | ​
Debt Obligations | ​ | Rate (1) | ​ | Balance | ​ | Borrowing | ​ | Balance | ​ | Borrowing | ​
Revolving line of credit (2) | ​ | 1.60% | ​ | $ | 157,900 | ​ | $ | 242,100 | ​ | $ | 110,900 | ​ | $ | 289,100 | ​
Term loans, net of debt issue costs | ​ | 2.63% | ​ | ​ | 99,400 | ​ | ​ | — | ​ | ​ | 99,363 | ​ | ​ | — | ​
Senior unsecured notes, net of debt issue costs | ​ | 4.35% | ​ | ​ | 505,482 | ​ | ​ | — | ​ | ​ | 512,456 | ​ | ​ | — | ​
Total | ​ | 3.55% | ​ | $ | 762,782 | ​ | $ | 242,100 | ​ | $ | 722,719 | ​ | $ | 289,100 | ​
(1) | Represents weighted average of interest rate as of March 31, 2022.
(2) | Subsequent to March 31, 2022, we borrowed $52,000 and repaid $18,000 under our Revolving Line of Credit. Accordingly,
| we have $191,900 outstanding and $208,100 available for borrowing under our Revolving Line of Credit.
Schedule of interest rate swaps | As of March 31, 2022 and December 31, 2021, the terms of our Interest Rate Swaps are as follows (dollar amounts in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Notional | ​ | Fair Value at | ​
Date Entered | ​ | Maturity Date | ​ | Swap Rate | ​ | Rate Index | ​ | ​ | Amount | ​ | ​ | March 31, 2022 | ​ | ​
November 2021 | ​ | November 19, 2025 | ​ | 2.56 | % | ​ | 1-month LIBOR | ​ | $ | 50,000 | ​ | $ | 2,245 | ​ | ​
November 2021 | ​ | November 19, 2026 | ​ | 2.69 | % | ​ | 1-month LIBOR | ​ | ​ | 50,000 | ​ | ​ | 2,459 | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 100,000 | ​ | $ | 4,704 | ​ | ​
Schedule of borrowings and repayments | Our borrowings and repayments are as follows (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended March 31, | ​
​ | ​ | 2022 | ​ | 2021 | ​
Debt Obligations | ​ | ​ | Borrowings | ​ | ​ | Repayments | ​ | Borrowings | ​ | Repayments | ​
Revolving line of credit | ​ | $ | 47,000 | (1) | $ | — | (1) | $ | 17,000 | ​ | $ | — | ​
Senior unsecured notes | ​ | ​ | — | ​ | ​ | (7,000) | ​ | ​ | — | ​ | ​ | (7,000) | ​
Total | ​ | $ | 47,000 | ​ | $ | (7,000) | ​ | $ | 17,000 | ​ | $ | (7,000) | ​
(1) | Subsequent to March 31, 2022, we borrowed $52,000 and repaid $18,000 under our Revolving Line of Credit. Accordingly, we have $191,900 outstanding and $208,100 available for borrowing under our Revolving Line of Credit.

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