Mortgage and other notes receivable consist of the following:



		As of December 31, 2014			As of December 31, 2013
	Maturity Date	Interest Rate	Balance		Interest Rate	Balance
Mortgages:
Coastal Grand - Myrtle Beach⁽¹⁾	Oct 2014	7.75%	$	—	7.75%	$	9,000
Columbia Place Outparcel ⁽²⁾	Feb 2022	5.00%	360		—%	—
Park Place	May 2022	5.00%	1,566		5.00%	1,738
Village Square ⁽³⁾	Mar 2016	3.50%	1,711		4.50%	2,600
Other	Dec 2016 - Jan 2047	2.67% - 9.50%	5,686		2.67% - 9.50%	5,782
			9,323			19,120
Other Notes Receivable:
Horizon Group - The Outlet Shoppes at Atlanta⁽⁴⁾	May 2015	7.00%	—		7.00%	816
RED Development Inc. ⁽⁵⁾	Nov 2023	5.00%	7,429		5.00%	7,429
Woodstock land ⁽⁶⁾	Feb 2015	10.00%	3,059		10.00%	3,059
			10,488			11,304

			$	19,811		$	30,424


(1)	In the third quarter of 2014, the subordinated notes were paid off in conjunction with the refinancing of the loan, secured by Coastal Grand-Myrtle Beach. See Note 5 for additional information.


(2)	In the fourth quarter of 2014, Columbia Joint Venture, a subsidiary of the Company, received a $360 promissory note in conjunction with the $400 sale of an outparcel.


(3)	In the third quarter of 2014, the mortgage note was modified to extend the maturity date from March 2015 to March 2016 and reduce the interest rate to 3.50%.


(4)	In the second quarter of 2013, Mortgage Holdings, LLC, a subsidiary of the Company, entered into a $2,700 loan agreement with an affiliate of Horizon Group Properties, Inc., the Company's noncontrolling interest partner in The Outlet Shoppes at Atlanta. The note was paid off in the third quarter of 2014.


(5)	In the fourth quarter of 2013, the Company received a $7,430 promissory note in conjunction with the sale of a land parcel.

(6)

In the first quarter of 2013, Woodstock GA Investments, LLC, a joint venture in which the Company owns a 75.0% interest, received $3,525 of the balance on its $6,581 note receivable with an entity that owns an interest in land in Woodstock, GA, adjacent to the site of The Outlet Shoppes at Atlanta. The loan was made in the second quarter of 2012 and is secured by the entity's interest in the adjacent land. The note receivable was extended from May 2014 to November 2014 in the second quarter of 2014. A second amendment to the note was made in November 2014 to extend the maturity date to February 2015.