MORTGAGE AND OTHER NOTES RECEIVABLE

12 Months Ended

Dec. 31, 2019

Accounts Notes Loans And Financing Receivable Gross Allowance And Net [Abstract]

NOTE 11. MORTGAGE AND OTHER NOTES RECEIVABLE

Each of the Company's mortgage notes receivable is collateralized by either a first mortgage, a second mortgage or by an assignment of 100% of the partnership interests that own the real estate assets. Other notes receivable include amounts due from tenants or government sponsored districts and unsecured notes received from third parties as whole or partial consideration for property or investments. The Company reviews its mortgage and other notes receivable to determine if the balances are realizable based on factors affecting the collectability of those balances. Factors may include credit quality, timeliness of required periodic payments, past due status and management discussions with obligors.

Mortgage and other notes receivable consist of the following:

			As of December 31, 2019			As of December 31, 2018
	Maturity Date		Interest Rate	Balance		Interest Rate	Balance
Mortgages	Dec 2016 - Jan 2047	⁽¹⁾	4.28% - 9.50%	$	2,637	4.00% - 9.50%	$	4,884
Other Notes Receivable	Sep 2021 - Apr 2026		4.00% - 5.00%		2,025	4.00% - 5.00%		2,788
				$	4,662		$	7,672

( 1 )

Includes a $ 1,100 note with D'Iberville Promenade, LLC with a maturity date of December 2016, that is in default. This is secured by the joint venture partner’s interest in the joint venture.