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Credit Facilities and Notes Payable (Tables)

9 Months Ended

Sep. 30, 2021

Line Of Credit Facility [Line Items]

Schedule of Carrying Values of Company Debt

The following presents the carrying values of the Company’s debt as of the respective period ends (in thousands):

		September 30,				December 31,
		2021				2020
Credit facilities and notes payable, net
Senior secured credit facilities with financial institutions		$	453,028			$	49,544
Senior secured credit facility with a related party			159,999				105,397
Senior secured debt - other			59,788				—
Mezzanine secured credit facilities with a related party			81,209				19,251
Notes payable with related parties			—				2,385
Notes payable - other			—				5,309
Debt issuance costs			(2,983	)			(208	)
Total credit facilities and notes payable, net			751,041				181,678
Current portion - credit facilities and notes payable, net
Total credit facilities, other debt and notes payable			509,833				50,143
Total credit facilities and notes payable, net - related party			241,208				126,825
Non current portion - credit facilities and notes payable, net
Total credit facilities and notes payable			—				4,710
Total credit facilities and notes payable, net		$	751,041			$	181,678

Summary of Secured Credit Facilities

The following summarizes certain details related to the Company’s senior secured credit facilities (in thousands, except interest rates):

As of September 30, 2021		Borrowing Capacity				Outstanding Amount				Weighted- Average Interest Rate				Maturity Date
Senior secured credit facility with financial institution 1		$	400,000			$	387,186				2.59	%		August 2022
Senior secured credit facility with financial institution 2			400,000				65,842				2.58	%		March 2024
Senior secured credit facility with a related party			225,000				159,999				4.09	%		December 2022
		$	1,025,000			$	613,027

As of December 31, 2020		Borrowing Capacity				Outstanding Amount				Weighted- Average Interest Rate				Maturity Date
Senior secured credit facility with financial institution 1		$	200,000			$	49,544				3.72	%		August 2022
Senior secured credit facility with a related party			225,000				105,397				5.28	%		December 2022
		$	425,000			$	154,941

Mezzanine Revolving Credit Facilities

Line Of Credit Facility [Line Items]

Summary of Secured Credit Facilities

The following summarizes certain details related to the Company’s mezzanine secured credit facilities (in thousands):

		As of September 30, 2021								As of December 31, 2020
		Borrowing Capacity				Outstanding Amount				Borrowing Capacity				Outstanding Amount
Mezzanine secured credit facilities		$	124,700			$	81,209			$	68,450			$	19,251

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+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.19(b),22(b))
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

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