EASTGROUP PROPERTIES, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS The Company’s unsecured bank credit facilities have certain restrictive covenants, such as maintaining debt service coverage and leverage ratios and maintaining insurance coverage, and the Company was in compliance with all of its financial debt covenants at December 31, 2020. See Note 7 for a detail of the outstanding balances of the Company's  Unsecured bank credit facilities  as of December 31, 2020 and 2019. The Company's debt is detailed below. EastGroup presents debt issuance costs as reductions of  Unsecured bank credit facilities, Unsecured debt and Secured debt  on the Consolidated Balance Sheets as detailed below. (7)UNSECURED AND SECURED DEBT (1) These loans have a fixed interest rate or an effectively fixed interest rate due to interest rate swaps. December 31, 2020 2019 (In thousands) Unsecured bank credit facilities - variable rate, carrying amount $ 125,000 112,710  Unamortized debt issuance costs (806) (1,316) Unsecured bank credit facilities 124,194 111,394  Unsecured debt - fixed rate, carrying amount  1,110,000 940,000  Unamortized debt issuance costs (2,292) (1,885) Unsecured debt 1,107,708 938,115  Secured debt - fixed rate, carrying amount  79,096 133,422  Unamortized debt issuance costs (103) (329) Secured debt 78,993 133,093  Total debt $ 1,310,895 1,182,602  (1) (1) 67