SCHEDULE IV - MORTGAGE LOANS ON REAL ESTATE

12 Months Ended

Dec. 31, 2021

SCHEDULE IV

MORTGAGE LOANS ON REAL ESTATE

As of December 31, 2021

(dollars in thousands)


Description	Contractual Interest Rate		Maturity Date	Periodic Payment Terms	Prior Liens		Principal Balance		Book Value (1)		Principal Amount of Loans Subject to Delinquent Principal or Interest
Mortgages:
River Vista	10.0	%	2027	(2)	$	—	$	19,000	$	19,000	N/A
RCA	7.5		2026	(2)	—		290,000		290,000		N/A




					—		309,000		309,000
Construction Mortgages:
Arlington	8.0		2022	(3)	—		3,343		3,347		N/A

					$	—	$	312,343	$	312,347

(1) The aggregate cost for federal income tax purposes was $314.3 million as of December 31, 2021.

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

(3) Interest and principal 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 are summarized as follows:


	Year Ended December 31,
	2021		2020		2019
Balance at the beginning of the year	$	22,343	$	21,468	$	23,146
Additions during period:
Draws	—		706		1,689
New mortgage loans	290,000		—		—
Interest income added to principal	—		169		194
Deductions during period:
Paydowns/repayments	—		—		(3,561)


Balance at the end of the year	$	312,343	$	22,343	$	21,468