MORTGAGE NOTES PAYABLE (Tables)

9 Months Ended

Sep. 30, 2018

MORTGAGE NOTES PAYABLE

Schedule of approximate annual maturities

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

2019—current maturities	$	1,903,000
2020		4,328,000
2021		2,343,000
2022		2,657,000
2023		80,041,000
Thereafter		162,904,000
		254,176,000
Less: unamortized deferred financing costs		(1,395,000)
	$	252,781,000