MORTGAGE NOTES PAYABLE (Tables)

12 Months Ended

Dec. 31, 2019

MORTGAGE NOTES PAYABLE

Schedule of approximate annual maturities

Approximate annual maturities at December 31, 2019 are as follows:

2020—current maturities	$	4,673,000
2021		2,472,000
2022		2,697,000
2023		102,559,000
2024		10,965,000
Thereafter		159,853,000
		283,219,000
Less: unamortized deferred financing costs		1,448,000
	$	281,771,000