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NOTES AND INTEREST RECEIVABLE (Tables)
 3 Months Ended
Mar. 31, 2017
Receivables [Abstract]  
Schedule of notes receivable

Below is a summary of our notes receivable as of March 31, 2017 (dollars in thousands): 

 

Borrower   Maturity Date     Interest Rate     Amount     Security
Performing loans:                            
H198, LLC (Las Vegas Land)   01/20       12.00 %   $ 5,907       Secured
Leman Development, Ltd (2)   N/A       0.00 %     1,500       Unsecured
One Realco Corporation (1,2)   01/17       3.00 %     7,000       Unsecured
Oulan-Chikh Family Trust   03/21       8.00 %     174       Secured
Realty Advisors Management, Inc. (1)   12/16       2.28 %     20,387       Unsecured
Unified Housing Foundation, Inc. (Cliffs of El Dorado) (1)   12/32       12.00 %     2,097       Secured
Unified Housing Foundation, Inc. (Echo Station) (1)   12/32       12.00 %     1,481       Secured
Unified Housing Foundation, Inc. (Inwood on the Park) (1)   12/32       12.00 %     5,059       Secured
Unified Housing Foundation, Inc. (Kensington Park) (1)   12/32       12.00 %     3,933       Secured
Unified Housing Foundation, Inc. (Lakeshore Villas) (1)   12/32       12.00 %     2,000       Secured
Unified Housing Foundation, Inc. (Lakeshore Villas) (1)   12/32       12.00 %     9,100       Secured
Unified Housing Foundation, Inc. (Limestone Canyon) (1)   12/32       12.00 %     2,653       Secured
Unified Housing Foundation, Inc. (Limestone Canyon) (1)   12/32       12.00 %     4,640       Secured
Unified Housing Foundation, Inc. (Limestone Ranch) (1)   12/32       12.00 %     1,953       Secured
Unified Housing Foundation, Inc. (Limestone Ranch) (1)   12/32       12.00 %     6,000       Secured
Unified Housing Foundation, Inc. (Parkside Crossing) (1)   12/32       12.00 %     2,272       Secured
Unified Housing Foundation, Inc. (Reserve at White Rock Phase I) (1)   12/32       12.00 %     2,485       Secured
Unified Housing Foundation, Inc. (Reserve at White Rock Phase II) (1)   12/32       12.00 %     2,555       Secured
Unified Housing Foundation, Inc. (Sendero Ridge) (1)   12/32       12.00 %     4,491       Secured
Unified Housing Foundation, Inc. (Sendero Ridge) (1)   12/32       12.00 %     4,812       Secured
Unified Housing Foundation, Inc. (Timbers of Terrell) (1)   12/32       12.00 %     1,323       Secured
Unified Housing Foundation, Inc. (Tivoli) (1)   12/32       12.00 %     7,966       Secured
Unified Housing Foundation, Inc. (Trails at White Rock) (1)   12/32       12.00 %     3,815       Secured
Unified Housing Foundation, Inc. (1)   12/17       12.00 %     1,207       Unsecured
Unified Housing Foundation, Inc. (1)   12/18       12.00 %     3,994       Unsecured
Unified Housing Foundation, Inc. (1)   12/18       12.00 %     6,407       Unsecured
Unified Housing Foundation, Inc. (1)   12/16       12.00 %     1,011       Unsecured
Unified Housing Foundation, Inc. (1)   06/19       12.00 %     5,400       Unsecured
Other related party notes   Various       Various       1,349       Various secured interests
Other related party notes   Various       Various       782       Various unsecured interests
Other non-related party notes   Various       Various       3,466       Various secured interests
Other non-related party notes   Various       Various       4,658       Various unsecured interests
Accrued interest                   6,855        
Total Performing                 $ 138,733        
                             
Allowance for estimated losses                   (17,037 )      
Total                 $ 121,696        

 

 (1)  Related party notes
 (2)  An allowance was taken for estimated losses at full value of note.