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MORTGAGE AND OTHER NOTES RECEIVABLE (Tables)
 12 Months Ended
Dec. 31, 2017
Mortgage and Other Notes Receivable [Abstract]  
Schedule of mortgage and other notes receivable
Mortgage and other notes receivable consist of the following:
 
 
 
 
As of December 31, 2017
 
As of December 31, 2016
 
 
Maturity Date
 
Interest Rate
 
Balance
 
Interest Rate
 
Balance
Mortgages:
 
 
 
 
 
 
 
 
 
 
Columbia Place Outparcel
 
Feb 2022
 
5.00%
 
$
302

 
5.00%
 
$
321

One Park Place
 
May 2022
 
5.00%
 
1,010

 
5.00%
 
1,194

Village Square (1)
 
Mar 2018
 
4.00%
 
1,596

 
3.75%
 
1,644

Other (2)
 
Dec 2016 -
Jan 2047
 
4.07% - 9.50%
 
2,510

 
3.27% - 9.50%
 
2,521

 
 
 
 
 
 
5,418

 
 
 
5,680

 
 
 
 
As of December 31, 2017
 
As of December 31, 2016
 
 
Maturity Date
 
Interest Rate
 
Balance
 
Interest Rate
 
Balance
Other Notes Receivable:
 
 
 
 
 
 
 
 
 
 
ERMC
 
Sep 2021
 
4.00%
 
2,855

 
4.00%
 
3,500

Horizon Group (3)
 
N/A
 
—%
 
—

 
7.00%
 
300

RED Development Inc. (4)
 
N/A
 
—%
 
—

 
5.00%
 
6,588

Southwest Theaters LLC
 
Apr 2026
 
5.00%
 
672

 
5.00%
 
735

 
 
 
 
 
 
3,527

 
 
 
11,123

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
8,945

 
 
 
$
16,803

(1)
The interest rate increased to 4.0% from April 2017 through the maturity date.
(2)
The $1,100 note for The Promenade at D'Iberville with a maturity date of December 2016 is in default.
(3)
In January 2017, the loan was extended to July 2017 and paid off in May 2017.
(4)
The loan was paid off in December 2017.