Mortgages and Other Notes Payable (Tables)

6 Months Ended

Jun. 30, 2021

The following table summarizes our mortgages and other notes payable as of June 30, 2021 and December 31, 2020:


	Carrying value
Property / Entity	June 30, 2021		December 31, 2020		Effective Interest Rate		Maturity Date
600 Las Colinas	$	35,212	$	35,589	5.30	%	11/1/2023
770 South Post Oak	11,763		11,871		4.40	%	6/1/2025
Parc at Athens(1)	1,155		1,155		5.90	%	8/28/2022
Chelsea	8,116		8,194		3.40	%	12/1/2050
EQK Portage - Land	3,350		3,350		10.00	%	11/13/2024
HSW Partners	—		17,790		9.50	%	6/17/2021
Forest Grove(2)	7,325		7,333		3.75	%	5/5/2024
Landing Bayou	14,526		14,643		3.50	%	9/1/2053
Legacy at Pleasant Grove	13,504		13,653		3.60	%	4/1/2048
McKinney 36 Land	732		820		8.00	%	6/30/2022
New Concept Energy	3,542		3,542		6.00	%	9/30/2021
Overlook at Allensville Phase II(3)	—		15,621		3.80	%	5/1/2059
Parc at Denham Springs Phase II	16,046		16,128		4.10	%	2/1/2060
RCM HC Enterprises(4)	5,086		—		9.50	%	12/17/2026
Stanford Center	39,063		39,093		6.00	%	2/26/2022
Sugar Mill Phase III	9,257		9,298		4.50	%	2/1/2060
Toulon	13,849		13,975		3.20	%	12/1/2051
Villas at Bon Secour	10,149		10,280		4.00	%	1/31/2022
Vista Ridge	9,905		9,979		4.00	%	8/1/2053
Windmill Farms(5)	8,753		10,397		6.00	%	2/28/2023
	$	211,333	$	242,711

(1) On March 2, 2021, the loan was extended to August 28, 2022.

(2) The loan bears interest at prime rate plus 0.5%.

(3) On March 30, 2021, the loan was assumed by VAA in connection with our contribution of the underlying property to the joint venture (See Note 9 – Investment in Unconsolidated Joint Ventures).

(4) On June 4, 2021, the lender assumed the $1,986 balance from HSW Partners and extended the maturity to December 17, 2026.

(5) On March 4, 2021, the loan was extended to February 28, 2023 at an interest rate of 5%.