MORTGAGE NOTES PAYABLE (Tables)

12 Months Ended

Dec. 31, 2015

MORTGAGE NOTES PAYABLE

Schedule of approximate annual maturities

Approximate annual maturities at December 31, 2015 are as follows:

2016—current maturities	$	1,183,000
2017		1,782,000
2018		7,860,000
2019		1,942,000
2020		4,343,000
Thereafter		178,829,000
	$	195,939,000