MORTGAGE NOTES PAYABLE (Tables)

9 Months Ended

Sep. 30, 2017

MORTGAGE NOTES PAYABLE

Schedule of approximate annual maturities

Approximate annual maturities at September 30, 2017 are as follows:

2018—current maturities	$	1,823,000
2019		7,903,000
2020		4,324,000
2021		2,312,000
2022		2,561,000
Thereafter		216,153,000
		235,076,000
Less: unamortized deferred financing costs		(1,461,000)
	$	233,615,000