NOTES AND INTEREST RECEIVABLE (Tables)

6 Months Ended

Jun. 30, 2017

Receivables [Abstract]

Schedule of notes receivable

Below is a summary of our notes receivable as of June 30, 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 /19		2.28	%		20,387		Unsecured
Unified Housing Foundation, Inc. (Echo Station) (1)		12 /32		12.00	%		1,480		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	%		4,640		Secured
Unified Housing Foundation, Inc. (Limestone Ranch) (1)		12 /32		12.00	%		1,952		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	%		1,935		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	%		4,812		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. (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)		06 /19		12.00	%		5,400		Unsecured
Unified Housing Foundation, Inc. (1)		06 /20		12.00	%		5,760		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			3,247		Various secured interests
Other non-related party notes		Various		Various			9,039		Various unsecured interests
Accrued interest							5,510
Total Performing						$	123,911
							(17,037	)
Allowance for estimated losses
Total						$	106,874

⁽¹⁾ Related party notes.

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