Landsea Homes Corporation General form of registration statement for all companies including face-amount certificate companies

General form of registration statement for all companies including face-amount certificate companies

Notes and Other Debts Payable, net (Tables)

Notes and Other Debts Payable, net (Tables) - Landsea Homes [Member]

9 Months Ended

12 Months Ended

Sep. 30, 2020

Dec. 31, 2019

Schedule of notes payable

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

	September 30, 2020			December 31, 2019
	(dollars in thousands)
Construction loans	$	80,207		$	92,640
Revolving credit facilities		143,362			8,680
EB-5 notes payable		86,713			95,010
Loan payable		4,265			—
Notes Payable		314,547			196,330
Deferred loan costs		(5,388	)		(6,366	)
Notes and other debts payable, net	$	309,159		$	189,964

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

	December 31,
	2019			2018
	(dollars in thousands)
Construction loans	$	92,640		$	65,157
Revolving credit facility		8,680			50,793
EB-5 notes payable		95,010			83,796
Notes and other debts payable		196,330			199,746
Deferred loan costs		(6,366	)		(8,592	)
Notes and other debts payable, net	$	189,964		$	191,154

Schedule of maturities of debt

The aggregate maturities of the principal balances of the notes and other debts payable during the five years subsequent to September 30, 2020 are as follows (dollars in thousands):

2020	$	2,085
2021		19,500
2022		203,327
2023		89,635
2024		—
Thereafter		—
	$	314,547

The aggregate maturities of the principal balances of the notes and other debts payable during the five years subsequent to December 31, 2019 are as follows (dollars in thousands):

2020	$	15,850
2021		41,696
2022		136,284
2023		2,500
2024		—
Thereafter		—
	$	196,330