COMMERCIAL LOAN INVESTMENTS (Tables)

6 Months Ended

Jun. 30, 2017

COMMERCIAL LOAN INVESTMENTS

Schedule of components of commercial loan investment portfolio

The Company’s commercial loan investment portfolio was comprised of the following at June 30, 2017 and December 31, 2016:

	Date of	Maturity	Original Face		Current Face		Carrying
Description	Investment	Date	Amount		Amount		Value		Coupon Rate
Mezz – Hotel – Atlanta, GA	January 2014	February 2019	$	5,000,000	$	5,000,000	$	5,000,000	12.00%
B-Note – Retail Shopping Center, Sarasota, FL	May 2014	June 2018		8,960,467		8,960,467		8,960,467	30 ‑day LIBOR plus 7.50%
Mezz – Hotel, Dallas, TX	September 2014	September 2017		10,000,000		10,000,000		10,000,000	30 day LIBOR plus 7.25%
Total			$	23,960,467	$	23,960,467	$	23,960,467