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DEBT OBLIGATIONS (Tables) | 9 Months Ended
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Sep. 30, 2023
DEBT OBLIGATIONS |
Schedule of mortgages payable, net | The following table details the Mortgages payable, net, balances per the consolidated balance sheets (amounts in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | September 30, | ​ | December 31,
​ |  | 2023 |  | 2022
Mortgages payable, gross | ​ | $ | 420,886 | ​ | $ | 409,175
Unamortized deferred financing costs | ​ |  | (3,321) | ​ |  | (3,355)
Unamortized mortgage intangible assets (a) | ​ | ​ | (838) | ​ | ​ | (658)
Mortgages payable, net | ​ | $ | 416,727 | ​ | $ | 405,162
(a) | In connection with the assumption of below-market mortgages upon the acquisition of the Northwood, Ohio and Blythewood, South Carolina properties (see Note 4).
​
Schedule of principal repayments | The following table sets forth, as of September 30, 2023, scheduled principal repayments with respect to the Company’s mortgage debt during the three months ending December 31, 2023 and for each of the subsequent twelve months through maturity (amounts in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2023 |  | 2024 |  | 2025 |  | 2026 |  | 2027 |  | Thereafter |  | Total
Amortization payments | ​ | $ | 3,150 | ​ | $ | 11,732 | ​ | $ | 10,449 | ​ | $ | 10,348 | ​ | $ | 9,241 | ​ | $ | 41,844 | ​ | $ | 86,764
Principal due at maturity | ​ |  | 6,238 | ​ |  | 50,695 | ​ |  | 32,063 | ​ |  | 19,179 | ​ |  | 38,524 | ​ |  | 187,423 | ​ |  | 334,122
Total | ​ | $ | 9,388 | ​ | $ | 62,427 | ​ | $ | 42,512 | ​ | $ | 29,527 | ​ | $ | 47,765 | ​ | $ | 229,267 | ​ | $ | 420,886
​
Schedule of line of credit, net | The following table details the Line of credit, net, balances per the consolidated balance sheets (amounts in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | September 30, | ​ | December 31,
​ |  | 2023 |  | 2022
Line of credit, gross | ​ | $ | 12,500 | ​ | $ | 21,800
Unamortized deferred financing costs | ​ |  | (594) | ​ |  | (732)
Line of credit, net | ​ | $ | 11,906 | ​ | $ | 21,068

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