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v3.20.4

Notes Payable and Other Debt (Tables) | 12 Months Ended
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Dec. 31, 2020
Debt Disclosure [Abstract] |
Schedule of Notes Payable and Long-term Debt | As of December 31, 2020 and 2019, Notes payable and other debt consisted of the following (in millions):
|  |  |  |  |  | Principal Outstanding
Debt |  | Interest Rate (%) |  | Maturity Date |  | December 31, 2020 |  | December 31, 2019
Secured: |  |  |  |  |  |  |  |
Kailua Town Center |  | (1) |  | 2021 |  | $ | 9.8 |  |  | $ | 10.2 |
Kailua Town Center #2 |  | 3.15% |  | 2021 |  | 4.5 |  |  | 4.6 |
Heavy Equipment Financing |  | (2) |  | (2) |  | 3.2 |  |  | 3.6 |
Laulani Village |  | 3.93% |  | 2024 |  | 61.3 |  |  | 62.0 |
Pearl Highlands |  | 4.15% |  | 2024 |  | 81.4 |  |  | 83.4 |
Manoa Marketplace |  | (3) |  | 2029 |  | 57.9 |  |  | 59.5 |
Subtotal |  |  |  |  |  | $ | 218.1 |  |  | $ | 223.3 |
Unsecured: |  |  |  |  |  |  |  |
Series D Note |  | —% |  | 2020 |  | — |  |  | 16.2 |
Bank syndicated loan |  | (4) |  | 2023 |  | 50.0 |  |  | 50.0 |
Series A Note |  | 5.53% |  | 2024 |  | 28.4 |  |  | 28.5 |
Series J Note |  | 4.66% |  | 2025 |  | 10.0 |  |  | 10.0 |
Series B Note |  | 5.55% |  | 2026 |  | 46.0 |  |  | 46.0 |
Series C Note |  | 5.56% |  | 2026 |  | 22.0 |  |  | 23.0 |
Series F Note |  | 4.35% |  | 2026 |  | 19.7 |  |  | 22.0 |
Series H Note |  | 4.04% |  | 2026 |  | 50.0 |  |  | 50.0 |
Series K Note |  | 4.81% |  | 2027 |  | 34.5 |  |  | 34.5 |
Series G Note |  | 3.88% |  | 2027 |  | 29.6 |  |  | 35.0 |
Series L Note |  | 4.89% |  | 2028 |  | 18.0 |  |  | 18.0 |
Series I Note |  | 4.16% |  | 2028 |  | 25.0 |  |  | 25.0 |
Term Loan 5 |  | 4.30% |  | 2029 |  | 25.0 |  |  | 25.0 |
Subtotal |  |  |  |  |  | $ | 358.2 |  |  | $ | 383.2 |
Revolving Credit Facilities: |  |  |  |  |  |  |  |
GLP Asphalt revolving credit facility |  | (5) |  | 2021 |  | — |  |  | — |
A&B Revolver |  | (6) |  | 2022 |  | 111.0 |  |  | 98.7 |
Subtotal |  |  |  |  |  | $ | 111.0 |  |  | $ | 98.7 |
Total Debt (contractual) |  |  |  |  |  | $ | 687.3 |  |  | $ | 705.2 |
Unamortized debt premium (discount) |  |  |  |  |  | — |  |  | (0.1) |
Unamortized debt issuance costs |  |  |  |  |  | (0.2) |  |  | (0.5) |
Total debt (carrying value) |  |  |  |  |  | $ | 687.1 |  |  | $ | 704.6 |
(1) Loan has a stated interest rate of LIBOR plus 1.50%, but is swapped through maturity to a 5.95% fixed rate.
(2) Loans have a weighted average stated interest rate of approximately 3.0% and stated maturity dates ranging from 2021 to 2024.
(3) Loan has a stated interest rate of LIBOR plus 1.35% but is swapped through maturity to a 3.14% fixed rate.
(4) Loan has a stated interest rate of LIBOR plus 2.00% but is swapped through maturity to a 3.35% fixed rate.
(5) Loan has a stated interest rate of LIBOR plus 1.25%.
(6) Loan has a stated interest rate of LIBOR plus 2.05%, based on pricing grid.
Schedule of Debt Principal Payments | At December 31, 2020, debt principal payments and maturities during the next five years and thereafter and the corresponding amount of unamortized deferred financing costs or debt discounts or premiums were as follows (in millions):
|  | Scheduled principal payments |  |  |  |
|  | 2021 | 2022 | 2023 | 2024 | 2025 | There- after | Total Principal |  | (Unamort Debt Issue Cost)/ (Discount) Premium |  | Total
Secured debt |  | $ | 20.4 |  | $ | 6.0 |  | $ | 5.9 |  | $ | 134.9 |  | $ | 1.9 |  | $ | 49.0 |  | $ | 218.1 |  |  | $ | (0.1) |  |  | $ | 218.0 |
Unsecured debt |  | 23.1 |  | 24.1 |  | 78.6 |  | 22.0 |  | 38.3 |  | 172.1 |  | 358.2 |  |  | (0.1) |  |  | 358.1 |
Revolving credit facilities |  | — |  | 111.0 |  | — |  | — |  | — |  | — |  | 111.0 |  |  | — |  |  | 111.0 |
Total Notes payable and other debt |  | $ | 43.5 |  | $ | 141.1 |  | $ | 84.5 |  | $ | 156.9 |  | $ | 40.2 |  | $ | 221.1 |  | $ | 687.3 |  |  | $ | (0.2) |  |  | $ | 687.1 |

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