Mortgages and Other Notes Payable (Tables)

12 Months Ended

Dec. 31, 2021

Debt Disclosure [Abstract]

Schedule of Debt

Below is a summary of our notes and interest payable as of December 31, 2021 and 2020:

	Carrying Value				Interest Rate		Maturity Date
Property/ Entity	2021		2020
600 Las Colinas(1)	$	—	$	35,589	5.30	%	11/1/2023
770 South Post Oak	11,635		11,871		4.40	%	6/1/2025
Athens(2)	1,155		1,155		4.00	%	8/28/2022
Chelsea	8,037		8,194		3.40	%	12/1/2050
EQK Portage - Land	3,350		3,350		10.00	%	11/13/2024
HSW Partners(3)	—		17,790		9.50	%	6/17/2021
Forest Grove(4)	7,263		7,333		3.75	%	5/5/2024
Landing Bayou	14,407		14,643		3.50	%	9/1/2053
Legacy at Pleasant Grove	13,352		13,653		3.60	%	4/1/2048
McKinney 36 Land	—		820		8.00	%	6/30/2022
New Concept Energy	3,542		3,542		6.00	%	9/30/2022
Overlook at Allensville Phase II(5)	—		15,621		3.80	%	5/1/2059
Parc at Denham Springs Phase II	15,962		16,128		4.10	%	2/1/2060
RCM HC Enterprises(3)	5,086		—		9.50	%	12/17/2026
Stanford Center(6)	38,979		39,093		6.00	%	2/26/2022
Sugar Mill Phase III	9,216		9,298		4.50	%	2/1/2060
Toulon(7)	13,697		13,975		3.20	%	12/1/2051
Villas at Bon Secour(8)	19,492		10,280		3.08	%	9/1/2031
Vista Ridge	9,830		9,979		4.00	%	8/1/2053
Windmill Farms(9)	8,389		10,397		5.00	%	2/28/2023
	$	183,392	$	242,711

(1)    On August 26, 2021, we paid off the loan in connection with the sale of the underlying property (See Note 7 - Real Estate Activity).

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

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

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

(5)    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).

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

(7)    On January 14, 2022, we paid off the loan in connection with the sale of the underlying property (See Note 20 - Subsequent Events).

(8)    On August 25, 2021, we replaced the existing loan on the property with a new $20,015 loan that bears interest at 3.08% and matures on September 1, 2031.

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

Schedule of Future Principal Payments

Future principal payments due on our notes payable at December 31, 2021 are as follows:

Year	Amount
2022	$	50,763
2023	4,355
2024	9,444
2025	13,021
2026	2,172
Thereafter	107,307
	187,062
Deferred finance cost	(3,670)
	$	183,392