MORTGAGE NOTES PAYABLE (Tables)

3 Months Ended

Mar. 31, 2020

MORTGAGE NOTES PAYABLE

Schedule of approximate annual maturities

Approximate annual maturities at March 31, 2020  are as follows:

2021—current maturities	$	2,303,000
2022		2,515,000
2023		67,012,000
2024		38,289,000
2025		10,997,000
Thereafter		165,311,000
		286,427,000
Less: unamortized deferred financing costs		(1,521,000)
	$	284,906,000