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v3.22.2.2

Debt Obligations (Tables) | 9 Months Ended
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Sep. 30, 2022
Debt Obligations |
Schedule of interest rate swaps | As of September 30, 2022 and December 31, 2021, the terms of the Interest Rate Swaps are as follows (dollar amounts in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Notional | ​ | Fair Value at | ​
Date Entered | ​ | Maturity Date | ​ | Swap Rate | ​ | Rate Index | ​ | ​ | Amount | ​ | ​ | September 30, 2022 | ​ | ​ | ​ | December 31, 2021 | ​
November 2021 | ​ | November 19, 2025 | ​ | 2.56 | % | ​ | 1-month LIBOR | ​ | $ | 50,000 | ​ | $ | 4,300 | ​ | ​ | $ | (38) | ​
November 2021 | ​ | November 19, 2026 | ​ | 2.69 | % | ​ | 1-month LIBOR | ​ | ​ | 50,000 | ​ | ​ | 5,145 | ​ | ​ | ​ | (134) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 100,000 | ​ | $ | 9,445 | ​ | ​ | $ | (172) | ​
Schedule of Debt Obligations | The following table sets forth information regarding debt obligations by component as of September 30, 2022 and December 31, 2021 (dollar amounts in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | At September 30, 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 | ​ | 4.21% | ​ | $ | 151,000 | ​ | $ | 249,000 | ​ | $ | 110,900 | ​ | $ | 289,100 | ​
Term loans, net of debt issue costs | ​ | 2.63% | ​ | ​ | 99,474 | ​ | ​ | — | ​ | ​ | 99,363 | ​ | ​ | — | ​
Senior unsecured notes, net of debt issue costs | ​ | 4.25% | ​ | ​ | 543,287 | ​ | ​ | — | ​ | ​ | 512,456 | ​ | ​ | — | ​
Total | ​ | 4.04% | ​ | $ | 793,761 | ​ | $ | 249,000 | ​ | $ | 722,719 | ​ | $ | 289,100 | ​
(1) | Represents weighted average of interest rate as of September 30, 2022.
Schedule of borrowings and repayments | Our borrowings and repayments are as follows (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Nine Months Ended September 30, | ​
​ | ​ | 2022 | ​ | 2021 | ​
Debt Obligations | ​ | ​ | Borrowings | ​ | ​ | Repayments | ​ | Borrowings | ​ | Repayments | ​
Revolving line of credit | ​ | $ | 194,000 | ​ | $ | (153,900) | ​ | $ | 92,500 | ​ | $ | (48,000) | ​
Term loans | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​
Senior unsecured notes | ​ | ​ | 75,000 | ​ | ​ | (43,160) | ​ | ​ | — | ​ | ​ | (32,160) | ​
Total | ​ | $ | 269,000 | ​ | $ | (197,060) | ​ | $ | 92,500 | ​ | $ | (80,160) | ​

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