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Note C - Mortgage Notes Payable: Schedule of Mortgage Notes Payable (Tables)
12 Months Ended
Dec. 31, 2012
Tables/Schedules  
Schedule of Mortgage Notes Payable

 

 

 

 

 

 

 

Property

Principal Balance at December 31, 2012

Principal Balance at December 31, 2011

Monthly Payment Including Interest

Stated Interest Rate (1)

Maturity Date

Principal Balance Due at Maturity

 

(in thousands)

(in thousands)

 

 

(in thousands)

Wood Creek Apartments 1st mortgage

$13,143

$13,373

$ 85

5.87%

08/01/2016

$12,190

Wood Creek Apartments 2nd mortgage

5,405

5,491

  33

5.68%

08/01/2016

  5,049

Total

 $18,548

 $18,864

   $118

 

 

$17,239