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Mortgage and Other Notes Receivable (Tables)
3 Months Ended
Mar. 31, 2014
Mortgage and Other Notes Receivable [Abstract]  
Schedule of mortgage and other notes receivable
Mortgage and other notes receivable consist of the following:
 
 
 
 
As of March 31, 2014
 
As of December 31, 2013
 
 
Maturity Date
 
Interest Rate
 
Balance
 
Interest Rate
 
Balance
Mortgages:
 
 
 
 
 
 
 
 
 
 
Coastal Grand - Myrtle Beach
 
Oct 2014
 
7.75%
 
$
9,000

 
7.75%
 
$
9,000

Park Place
 
May 2022
 
5.00%
 
1,696

 
5.00%
 
1,738

Village Square
 
Oct 2014
 
4.50%
 
2,600

 
4.50%
 
2,600

Other
 
Dec 2016 -
Jan 2047
 
2.65% - 9.50%
 
5,717

 
2.67% - 9.50%
 
5,782

 
 
 
 
 
 
19,013

 
 
 
19,120

Other Notes Receivable:
 
 
 
 
 
 
 
 
 
 
Horizon Group - The Outlet Shoppes at Atlanta
 
May 2015
 
7.00%
 
700

 
7.00%
 
816

Lee's Summit land
 
Nov 2023
 
5.00%
 
7,429

 
5.00%
 
7,429

Woodstock land
 
May 2014
 
10.00%
 
3,059

 
10.00%
 
3,059

 
 
 
 
 
 
11,188

 
 
 
11,304

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
30,201

 
 
 
$
30,424