Quarterly report pursuant to Section 13 or 15(d)

Realty Income Office Assets, Mortgages Payable (Tables)

v3.21.2
Realty Income Office Assets, Mortgages Payable (Tables)
 9 Months Ended
Sep. 30, 2021
Realty Income Office Assets  
Entity Information [Line Items]  
Schedule of Maturities of Long-term Debt
The following summarizes Realty Income Office Assets’ mortgages payable as of September 30, 2021 and December 31, 2020, respectively (dollars in thousands):
Office Properties Fixed Rate Maturity Date September 30, 2021 December 31, 2020
East Windsor, NJ (1)
4.9% 6/1/2022 $ 9,625 $ 9,625
Columbus, OH (2)
5.6% 6/1/2032 — 12,811
Tucson, AZ (2)
5.4% 7/1/2021 — 14,040
Remaining principal balance     9,625 36,476
Unamortized premium, net

31 576
Total mortgages payable, net
     $ 9,656 $ 37,052
(1) The mortgage related to the East Windsor, NJ property was paid in full on October 1, 2021. As a result of the early repayment, Realty Income Office Assets incurred a $0.3 million prepayment penalty.
(2) In April 2021, on behalf of Realty Income Office Assets, Realty Income repaid the mortgage on the property in Tucson, AZ in full for $14.0 million and in September 2021, repaid the mortgage on the property in Columbus, OH in full for $12.5 million.