Annual report pursuant to Section 13 and 15(d)

Orion Office REIT, Debt, Net (Tables)

v3.22.1
Orion Office REIT, Debt, Net (Tables)
 12 Months Ended
Dec. 31, 2021
Debt Disclosure [Abstract]  
Schedule of Debt The following table summarizes the carrying value of debt as of December 31, 2021 and December 31, 2020, and the debt activity for the year ended December 31, 2021 (in thousands):
Year Ended December 31, 2021
Balance as of December 31, 2020 Debt Issuances Repayments, Extinguishment and Assumptions Accretion and Amortization Balance as of December 31, 2021
Mortgages payable:
Outstanding balance $ 36,476  $ —  $ (36,476) $ —  $ — 
Premium, net 576  —  (516) (60) — 
Mortgages payable, net 37,052  —  (36,992) (60) — 
Bridge facility:
Outstanding balance
 —  355,000  —  —  355,000 
Deferred costs —  (888) —  245  (643)
Bridge facility, net —  354,112  —  245  354,357 
Credit facility term loan:
Outstanding balance —  175,000  —  —  175,000 
Deferred costs —  (2,695) —  185  (2,510)
Credit facility term loan, net —  172,305  —  185  172,490 
Credit facility revolver:
Outstanding balance —  90,000  —  —  90,000 
Credit facility revolver, net —  90,000  —  —  90,000 
Total debt $ 37,052  $ 616,417  $ (36,992) $ 370  $ 616,847