Landsea Homes Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Notes and Other Debts Payable, net (Tables)

Notes and Other Debts Payable, net (Tables)

9 Months Ended

Sep. 30, 2021

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


	September 30, 2021		December 31, 2020
	(dollars in thousands)
Construction loans	$	119,452	$	67,757
Line of credit facilities	246,933		199,358

Loan payable	852		5,144
Notes Payable	367,237		272,259
Deferred loan costs	(5,502)		(7,450)
Notes and other debts payable, net	$	361,735	$	264,809

Schedule of Maturities of Long-term Debt

The aggregate maturities of the principal balances of the notes and other debts payable during the five years subsequent to September 30, 2021 are as follows (dollars in thousands):


2021	$	11
2022	90,340
2023	28,534
2024	247,649
2025	703
Thereafter	—
	$	367,237

- 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