MORTGAGE NOTES PAYABLE (Tables)

12 Months Ended

Dec. 31, 2018

MORTGAGE NOTES PAYABLE

Schedule of approximate annual maturities

Approximate annual maturities at December 31, 2018 are as follows:

2019—current maturities	$	1,924,000
2020		4,334,000
2021		2,412,000
2022		2,682,000
2023		102,626,000
Thereafter		139,733,000
		253,711,000
Less: unamortized deferred financing costs		1,340,000
	$	252,371,000