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Notes Receivable
6 Months Ended
Jun. 30, 2016
Notes Receivable  
Notes Receivable

4.Notes Receivable

Notes receivable consists of various loans and line of credit agreements. The following table summarizes our notes receivable activities for the six months ended June 30, 2016 and 2015 (dollar amounts in thousands):

 

 

 

 

 

 

 

 

Six months ended June 30, 

 

 

2016

 

2015

 

Advances under notes receivable

$

414

 

$

1,254

 

Principal payments received under notes receivable

 

(60)

 

 

 -

 

Reclassed to real estate under development

 

 -

 

 

(316)

 

Net increase in notes receivable

$

354

 

$

938

 

 

At June 30, 2016, we had six loans and line of credit agreements with on-going commitments totaling $2,525,000. As of June 30, 2016, we have remaining commitments of $2,228,000 under these agreements.