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DEBT (Tables)
12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Debt
The following table summarizes our indebtedness:
(in thousands)
December 31, 2020December 31, 2019Weighted 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 debt422,871 320,079 4.38
Mortgages payable - fixed298,445 331,376 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 notes3.78 %3.78 %
Mortgages payable3.93 %4.02 %
Total debt3.62 %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 
202237,219 
202345,068 
20243,777 
2025102,505 
Thereafter354,211 
Total payments$568,445