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DEBT (Tables) | 12 Months Ended
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Dec. 31, 2020
Debt Disclosure [Abstract] |
Schedule of Debt | The following table summarizes our indebtedness:
|  | (in thousands) |
|  | December 31, 2020 | December 31, 2019 |  | Weighted Average Maturity in Years
Lines of credit |  | $ | 152,871 |  | $ | 50,079 |  |  | 1.62
Term loans(1) |  | 145,000 |  | 145,000 |  |  | 3.88
Unsecured senior notes(1) |  | 125,000 |  | 125,000 |  |  | 8.33
Unsecured debt |  | 422,871 |  | 320,079 |  |  | 4.38
Mortgages payable - fixed |  | 298,445 |  | 331,376 |  |  | 5.23
Total debt |  | $ | 721,316 |  | $ | 651,455 |  |  | 4.73
Annual Weighted Average Interest Rates |  |  |  |  |
Lines of credit (rate with swap) |  | 2.85 | % | 3.81 | % |  |
Term loans (rate with swaps) |  | 4.15 | % | 4.11 | % |  |
Unsecured senior notes |  | 3.78 | % | 3.78 | % |  |
Mortgages payable |  | 3.93 | % | 4.02 | % |  |
Total debt |  | 3.62 | % | 3.97 | % |  |
(1)Included within notes payable on our consolidated balance sheets.
Aggregate Amount of Required Future Principal Payments on Mortgages Payable | The aggregate amount of required future principal payments on mortgages payable and notes payable as of December 31, 2020 is as follows:
|  | (in thousands)
2021 |  | $ | 25,665 |
2022 |  | 37,219 |
2023 |  | 45,068 |
2024 |  | 3,777 |
2025 |  | 102,505 |
Thereafter |  | 354,211 |
Total payments |  | $ | 568,445 |

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