Landsea Homes Corporation Annual report [Section 13 and 15(d), not S-K Item 405]

Annual report [Section 13 and 15(d), not S-K Item 405]

Notes and Other Debts Payable, net (Tables)

Notes and Other Debts Payable, net (Tables)

12 Months Ended

Dec. 31, 2024

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


	December 31,
	2024		2023
	(dollars in thousands)
11.0% Senior Notes due July 2028	$	250,000	$	250,000
8.875% Senior Notes due April 2029	300,000		—
Discount and deferred loan costs	(19,081)		(13,857)
Senior Notes, net	$	530,919	$	236,143


	December 31,
	2024		2023
	(dollars in thousands)
Line of credit facility	$	199,000	$	315,000
Deferred loan costs	(4,565)		(7,369)
Line of credit facility, net	$	194,435	$	307,631

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, 2024 are as follows (dollars in thousands):


2025	$	—
2026	—
2027	199,000
2028	250,000
2029	300,000
Thereafter	—
	$	749,000

- 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