Mortgage Loans and Interest Rate Swaps (Tables)

3 Months Ended

Mar. 31, 2021

Mortgage Loans and Interest Rate Swaps

Schedule of mortgage and construction loans

	Mar. 31, 2021		Dec. 31, 2020		Nov. 30, 2020
4.72%, due October 3, 2022 *	$	4,034	$	4,061	$	4,070
4.39%, due January 2, 2025 *		18,298		18,453		18,503
4.17%, due May 1, 2026 *		12,594		12,696		12,730
3.79%, due November 17, 2026 *		23,724		23,911		23,973
4.39%, due August 1, 2027 *		9,683		9,750		9,772
3.97%, due September 1, 2027		11,358		11,419		11,439
4.57%, due February 1, 2028 *		17,486		17,601		17,639
5.09%, due July 1, 2029		5,092		5,214		5,254
5.09%, due July 1, 2029		3,568		3,653		3,681
3.60%, due January 2, 2030 *		6,309		6,350		6,364
3.48%, due February 1, 2030		14,584		14,682		14,714
3.50%, due July 1, 2030 *		5,014		5,046		5,057
4.33%, due August 1, 2030		16,151		16,244		16,274
4.51%, due April 1, 2034		13,606		13,688		13,715
Nonrecourse mortgage loans		161,501		162,768		163,185
Debt issuance costs		(2,038)		(2,113)		(2,137)
Nonrecourse mortgage loans, net of debt issuance costs	$	159,463	$	160,655	$	161,048

*Variable rate loans for which INDUS entered into interest rate swap agreements to effectively fix the interest rates on these loans to the rates reflected above.