MORTGAGE NOTES PAYABLE (Tables)

6 Months Ended

Jun. 30, 2018

MORTGAGE NOTES PAYABLE

Schedule of approximate annual maturities

Approximate annual maturities at June 30, 2018 are as follows:

2019—current maturities	$	1,883,000
2020		4,321,000
2021		2,207,000
2022		2,632,000
2023		79,997,000
Thereafter		163,595,000
		254,635,000
Less: unamortized deferred financing costs		(1,450,000)
	$	253,185,000