Rendering
| Component: (Network and Table) |
|---|
| Network | 2305301 - Disclosure - Debt Financing (Tables) (http://www.hinessecurities.com/role/DebtFinancingTables) |
| Table | (Implied) |
Slicers (applies to each fact value in each table cell)
| Reporting Entity [Axis] | 0001585101 (http://www.sec.gov/CIK) |
| Debt Disclosure [Abstract] | Period [Axis] |
|---|
2016-01-01 - 2016-12-31 |
|---|
Debt Disclosure [Abstract] | |
Schedule Of Debt | The following table describes the Company’s debt outstanding at December 31, 2016 and 2015 (in thousands, except interest rates):
| | | | | | | | | | | | | | | | | | | | | | Description | | Origination or Assumption Date | | Maturity Date | | Maximum Capacity in Functional Currency | | Interest Rate Description | | Interest Rate as of December 31, 2016 | | Principal Outstanding at December 31, 2016 | | Principal Outstanding at December 31, 2015 | Secured Mortgage Debt | | | | | | | | | | | | | | | Bishop's Square | | 3/3/2015 | | 3/2/2022 | | € | 55,200 |
| | Euribor + 1.30% | | 1.30% | | $ | 58,048 |
| | $ | 60,201 |
| Domain Apartments | | 1/29/2016 | | 1/29/2020 | | $ | 34,300 |
| | Libor + 1.60% | | 2.37% | | 34,300 |
| | — |
| Cottonwood Corporate Center | | 7/5/2016 | | 8/1/2023 | | $ | 78,000 |
| | Fixed | | 2.98% | | 77,461 |
| | — |
| Goodyear Crossing II | | 8/18/2016 | | 8/18/2021 | | $ | 29,000 |
| | Libor + 2.00% | | 2.62% | | 29,000 |
| | — |
| Notes Payable | | | | | | | | | | $ | 198,809 |
| | $ | 60,201 |
| Affiliate Note Payable | | | | | | | | | | | | | | | Credit Facility with Hines | | 12/15/2014 | | 12/15/2017 | | $ | 75,000 |
| | Variable | | 2.52% | | 56,000 |
| | — |
| Total Note Payable to Affiliate | | | | | | | | | | $ | 56,000 |
| | $ | — |
| Total Principal Outstanding | | | | | | | | | | $ | 254,809 |
| | $ | 60,201 |
| Unamortized financing fees | | | | | | | | | | (994 | ) | | (508 | ) | Total | | | | | | | | | | $ | 253,815 |
| | $ | 59,693 |
|
|
Schedule Of Maturities Of Long Term Debt | The Company is required to make the following principal payments on its outstanding notes payable for each of the years ending December 31, 2017 through December 31, 2021 and for the period thereafter (in thousands).
| | | | | | | | | | | | | | | | | | | | | | | | | | Payments Due by Year | | 2017 | | 2018 | | 2019 | | 2020 | | 2021 | | Thereafter | Principal payments | $ | 57,650 |
| | $ | 1,700 |
| | $ | 1,751 |
| | $ | 36,104 |
| | $ | 30,859 |
| | $ | 126,745 |
|
|