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NOTES AND INTEREST RECEIVABLE (Tables)

6 Months Ended

Jun. 30, 2012

NOTES AND INTEREST RECEIVABLE (Tables)

Our mortgage notes receivable consist of first, wraparound and junior mortgage loans (dollars in thousands):

Borrower		Date	Rate	Amount	Security
Performing loans:
	Miscellaneous non-related party notes	Various	Various	4,097	Various security interests
	Miscellaneous related party notes (1)	Various	Various	2,321	Various security interests
	Unified Housing Foundation, Inc. (Cliffs of El Dorado) (1)	12/27	5.25%	2,097	100% Interest in Unified Housing of McKinney, LLC
	Unified Housing Foundation, Inc. (Echo Station) (1)	12/27	5.25%	1,481	100% Interest in Unified Housing of Temple, LLC
	Unified Housing Foundation, Inc. (Inwood on the Park) (1)	12/27	5.25%	5,059	100% Interest in Unified Housing Inwood, LLC
	Unified Housing Foundation, Inc. (Kensington Park) (1)	12/27	5.25%	3,936	100% Interest in Unified Housing Kensington, LLC
	Unified Housing Foundation, Inc. (Lakeshore Villas) (1)	12/27	5.25%	2,000	Unsecured
	Unified Housing Foundation, Inc. (Lakeshore Villas) (1)	12/27	5.25%	9,096	Membership interest in Housing for Seniors of Humble, LLC
	Unified Housing Foundation, Inc. (Limestone Canyon) (1)	07/15	5.25%	3,057	100% Interest in Unified Housing of Austin, LLC
	Unified Housing Foundation, Inc. (Limestone Canyon) (1)	12/27	5.25%	4,663	100% Interest in Unified Housing of Austin, LLC
	Unified Housing Foundation, Inc. (Limestone Ranch) (1)	07/15	5.25%	2,250	100% Interest in Unified Housing of Vista Ridge, LLC
	Unified Housing Foundation, Inc. (Limestone Ranch) (1)	12/27	5.25%	6,000	100% Interest in Unified Housing of Vista Ridge, LLC
	Unified Housing Foundation, Inc. (Parkside Crossing) (1)	12/27	5.25%	2,272	100% Interest in Unified Housing of Parkside Crossing, LLC
	Unified Housing Foundation, Inc. (Sendero Ridge) (1)	07/15	5.25%	5,174	100% Interest in Unified Housing of Sendero Ridge, LLC
	Unified Housing Foundation, Inc. (Sendero Ridge) (1)	12/27	5.25%	4,812	100% Interest in Unified Housing of Sendero Ridge, LLC
	Unified Housing Foundation, Inc. (Timbers of Terrell) (1)	12/27	5.25%	1,323	100% Interest in Unified Housing of Terrell, LLC
	Unified Housing Foundation, Inc. (Tivoli) (1)	12/27	5.25%	7,966	100% Interest in Unified Housing of Tivoli, LLC
	Unified Housing Foundation, Inc. (Reserve at White Rock Phase I) (1)	12/27	5.25%	2,485	100% Interest in Unified Housing of Harvest Hill I, LLC
	Unified Housing Foundation, Inc. (Reserve at White Rock Phase II) (1)	12/27	5.25%	2,555	100% Interest in Unified Housing of Harvest Hill, LLC
	Unified Housing Foundation, Inc. (Trails at White Rock) (1)	12/27	5.25%	3,815	100% Interest in Unified Housing of Harvest Hill III, LLC
	Unified Housing Foundation, Inc.(1)	12/12	5.00%	6,000	Unsecured
	Realty Advisors Management, Inc. (1)	12/16	4.00%	20,387	Unsecured
	One Realco Corporation - ART Sale (1)	01/17	3.00%	10,000	Unsecured
	Accrued interest			5,864
Total Performing				$ 118,710

Non-Performing loans:
	Dallas Fund XVII L.P. (2)	10/09	9.00%	1,432	Unsecured
	Leman Development, Ltd.	07/11	7.00%	1,500	Unsecured
	Tracy Suttles	12/11	0.00%	1,077	Unsecured
	Miscellaneous non-related party notes	Various	Various	1,526	Various secured interest
	Accrued interest			373
Total Non-Performing				$ 5,908

	Allowance for estimated losses			(23,383)
Total				$ 101,235

(1) Related party notes
(2) Note matured and an allowance was taken for estimated losses at full value of note