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NOTES AND INTEREST RECEIVABLE (Tables)
 9 Months Ended
Sep. 30, 2017
Receivables [Abstract]  
Schedule of notes receivable

Below is a summary of our notes receivable as of September 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
 H198, LLC (McKinney Ranch Land)   09/18   6.00 %     4,402     Secured
 Spyglass Apartments of Ennis   11/19   5.00 %     3,862     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 %     1,481     Secured
 Unified Housing Foundation, Inc. (Inwood on the Park) (1)   12/32   12.00 %     3,639     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 Ranch) (1)   12/32   12.00 %     6,000     Secured
 Unified Housing Foundation, Inc. (Limestone Ranch) (1)   12/32   12.00 %     1,953     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. (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)   12/18   12.00 %     3,994     Unsecured
 Unified Housing Foundation, Inc. (1)   12/18   12.00 %     6,407     Unsecured
 Unified Housing Foundation, Inc. (1)   06/20   12.00 %     5,760     Unsecured
 Other related party notes (1)   Various   Various       1,814     Various secured interests
 Other non-related party notes   Various   Various       796     Various unsecured interests
 Other non-related party notes   Various   Various       3,901     Various secured interests
 Accrued interest               7,438      
Total Performing             $ 119,592      
                       
 Allowance for estimated losses               (17,037 )    
Total             $ 102,555      

 

(1) Related party notes 

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