SCHEDULE IV MORTGAGE LOANS ON REAL ESTATE

12 Months Ended

Dec. 31, 2015

SCHEDULE IV

MORTGAGE LOANS ON REAL ESTATE

December 31, 2015

(dollars in thousands)



Description	Contractual Interest Rate		Maturity Date	Periodic Payment Terms	Prior Liens		Principal Balance		Book Value			Principal Amount of Loans Subject to Delinquent Principal or Interest

Mortgages:
Weston	9.0	%	2016	⁽¹⁾	$	—	$	16,079	$	16,106		N/A
Sun City West	9.0		2018	⁽²⁾	—		13,394		13,425			$	13,394
Forest Park - Dallas	8.0		2016	⁽²⁾	—		110,000		110,104			110,000
Ramsey	9.0		2018	⁽¹⁾	—		13,361		13,375			N/A
Other Mortgage Loans	9.6		Various	Various	—		13,186		13,267			N/A

					—		166,020		166,277
Loan Loss Allowance					—		—		(2,550		)

					—		166,020		163,727
Construction Mortgages:
Forest Park - Fort Worth	7.3		2016	^{(1) (4)}	—		60,818		60,916			60,818
Richmond	10.0		2018	⁽⁵⁾	—		7,934		8,007			N/A
Williamsburg	10.0		2018	Various	—		6,266		6,278			N/A

					$	—	$	241,038	$	238,928

⁽¹⁾ Interest and principal for the first 12 months is deferred and due at the maturity date. Interest after the first 12 months is due monthly.

⁽²⁾ Interest is due monthly and principal is due at the maturity date.

⁽³⁾ Interest and principal is due at the maturity date.

⁽⁴⁾The loan has a prepayment fee of 0.5% of the outstanding balance if prepaid before October 1, 2015.

⁽⁵⁾ Interest and principal is for the first 36 months is deferred and due at the maturity date. Interest after the first 36 months is due monthly.

Changes in mortgage loans for the years ended December 31, 2015, 2014 and 2013 are summarized as follows:



	Year Ended December 31,
	2015		2014			2013

Balance at the beginning of the period	$	209,275	$	162,870		$	11,000
Additions during period:
Draws	8,713		51,217			—
New mortgage loans	20,411		4,500			151,173
Interest income added to principal	2,639		1,781			697

Deductions during period:
Paydowns	—		(11,093		)	—

Balance at the end of the year	$	241,038	$	209,275		$	162,870