Landsea Homes Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Notes and Other Debts Payable, net (Tables)

Notes and Other Debts Payable, net (Tables)

12 Months Ended

Dec. 31, 2023

Amounts outstanding under notes and other debts payable, net consist of the following:


	December 31,
	2023		2022
	(dollars in thousands)
Senior notes	$	250,000	$	—


Discount and deferred loan costs	(13,857)		—
Senior notes, net	$	236,143	$	—


	December 31,
	2023		2022
	(dollars in thousands)
Line of credit facility	$	315,000	$	514,300


Deferred loan costs	(7,369)		(8,878)
Line of credit facility, net	$	307,631	$	505,422

Schedule of Maturities of Long-term Debt

The aggregate maturities of the principal balances of the notes and other debts payable subsequent to December 31, 2023 are as follows (dollars in thousands):


2024	$	—
2025	—
2026	315,000
2027	—
2028	250,000
Thereafter	—
	$	565,000

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details