The following table summarizes the Company’s stated debt maturities and scheduled principal repayments at December 31, 2025 (dollars in thousands): | | | | | | | | | | | | | | | | Mortgage Debt | | | | | | | Interest | | Year | | Amount | | Rate(1) | | 2026 | | $ | 102,011 | | 3.5 | % | 2027 | | | — | | — | % | 2028 | | | — | | — | % | 2029 | | | — | | — | % | 2030 | | | — | | — | % | Thereafter | | | — | | — | % | | | | 102,011 | | | | Premiums, (discounts), and debt issuance costs, net | | | 677 | | | | | | $ | 102,688 | | | |
(1) | Represents the weighted-average effective interest rate as of the end of the applicable period, including amortization of debt premiums (discounts) and debt issuance costs. These effective interest rates range from 3.4% to 3.6%, with a weighted average effective interest rate of 3.5%, and a weighted average maturity of approximately one year. |
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