This excerpt taken from the BXG 8-K filed Mar 30, 2009.
GMAC Land & Golf Course Facility 75,000 59,371 555 (B)
Facility amount is revolving, so additional availability is generated as the principle balance amortizes, subject to eligible collateral and/or other terms and conditions.
On-balance sheet, non-recourse (except for representations and warranties).
Facility amount includes a $75 million resorts A&D Facility plus an additional $25 million of miscellaneous credit. Amount outstanding includes $15.5 million of resorts A&D, $39.2 million off-balance sheet securitization bonds, and $1 million of receivable backed debt.
Draw Period Expired.