XML 27 R14.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Indebtedness | 9 Months Ended
--- | ---
Sep. 30, 2018
Debt Disclosure [Abstract] |
Indebtedness |
7. | Indebtedness
Secured Financing In contemplation of the spin-off transaction, which occurred on July 1, 2018 (Note 1), certain wholly-owned subsidiaries of RVI, entered into a loan agreement in February 2018 which provided for a secured loan facility with an initial aggregate principal amount of $1.35 billion. This loan was assumed by RVI in connection with the consummation of the spin-off of RVI. Debt Repayments In the first quarter of 2018, in connection with the $1.35 billion RVI mortgage loan and asset sales, the Company repaid $900.0 million aggregate principal amount of senior unsecured notes with maturity dates ranging from July 2018 to February 2025 through a tender offer, and subsequent optional redemption, $452.5 million of mortgage debt and $200.0 million of an unsecured term loan. In connection with the redemption of the senior unsecured notes, the Company paid make-whole amounts totaling $28.4 million. These make-whole amounts are included in Other Income (Expense), net in the Company’s consolidated statements of operations. Scheduled Principal Repayments The scheduled principal payments of the Revolving Credit Facilities (Note 6) and unsecured and secured indebtedness, excluding extension options, as of September 30, 2018, are as follows (in thousands):
Year |  | Amount |
2018 |  | $ | 1,223 |
2019 |  |  | 97,241 |
2020 |  |  | 41,684 |
2021 |  |  | 120,851 |
2022 |  |  | 480,851 |
Thereafter |  |  | 1,654,107 |
|  |  | 2,395,957 |
Unamortized fair market value of assumed debt |  |  | 1,794 |
Net unamortized debt issuance costs |  |  | (12,749 | )
Total indebtedness |  | $ | 2,385,002 |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI http://asc.fasb.org/topic&trid=2208564 + Details
Name: | us-gaap_DebtDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration