| Schedule of debt obligations |
The Company's outstanding debt obligations consist of the following ($ in thousands): | | | | | | | | | | | | | | As of | | Interest Rate(1) | | Scheduled
Maturity Date(2) | | December 31, 2019 | | December 31, 2018 | | | Secured credit financing: | | | | | | | | Mortgages | $ | 1,230,143 |
| | $ | 377,193 |
| | 4.06% | | April 2027 to November 2069 | 2017 Revolver | 166,000 |
| | 169,500 |
| | One-Month LIBOR plus 1.30% | | November 2024 | Total secured credit financing(3) | 1,396,143 |
| | 546,693 |
| | | | | Total debt obligations | 1,396,143 |
| | 546,693 |
| | | | | Debt premium, discount and deferred financing costs, net | (23,221 | ) | | (2,728 | ) | | | | | Total debt obligations, net | $ | 1,372,922 |
| | $ | 543,965 |
| | | | |
_______________________________________________________________________________ | | (1) | Represents the weighted average interest rate of consolidated mortgage debt in effect over the life of the mortgage debt and excludes the effect of debt premium, discount and deferred financing costs. As of December 31, 2019, the weighted average cash interest rate for the Company's consolidated mortgage debt, based on interest rates in effect at that date, was 3.26%. The difference between the weighted average interest rate and the weighted average cash interest rate is recorded to interest payable within "Accounts payable, accrued expenses, and other liabilities" on the Company's consolidated balance sheets. As of December 31, 2019, the Company's combined weighted average interest rate and combined weighted average cash interest rate of the Company's consolidated mortgage debt and the mortgage debt of the Company's unconsolidated venture (applying the Company's percentage interest in the venture - refer to Note 6) were 4.00% and 3.13%, respectively. |
| | (2) | Represents the extended maturity date for all debt obligations. |
(3) As of December 31, 2019, $1.97 billion of real estate, at cost, net investment in sales-type leases and Ground Lease receivables served as collateral for the Company's debt obligations.
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| Schedule of Maturities of Long-term Debt |
As of December 31, 2019, future scheduled maturities of outstanding debt obligations, assuming all extensions that can be exercised at the Company's option, are as follows ($ in thousands): | | | | | | | | Total | 2020 | | $ | — |
| 2021 | | — |
| 2022 | | — |
| 2023 | | — |
| 2024 | | 166,000 |
| Thereafter(1) | | 1,230,143 |
| Total principal maturities | | 1,396,143 |
| Debt premium, discount and deferred financing costs, net | | (23,221 | ) | Total debt obligations, net | | $ | 1,372,922 |
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______________________________________________________________________________ | | (1) | As of December 31, 2019, the Company's weighted average maturity for its consolidated mortgage debt was 30.7 years. |
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