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NOTES AND INTEREST RECEIVABLE (Table)
 12 Months Ended
Dec. 31, 2015
Receivables [Abstract]  
Schedule of the notes receivable provide for principal to be paid at maturity

A majority of the notes receivable provide for principal to be paid at maturity (dollars in thousands).

 

    Maturity   Interest          
Borrower   Date   Rate   Amount   Security
Performing loans:                  
H198, LLC (Las Vegas Land)   01/20   12.00%     5,907   Secured
Leman Development, Ltd (2)   N/A   0.00%     1,500   Unsecured
One Realco Corporation (1,2)   01/17   3.00%     7,000   Unsecured
Realty Advisors Management, Inc. (1)   12/16   2.28%     20,387   Unsecured
Unified Housing Foundation, Inc. (Cliffs of El Dorado) (1)   12/32   12.00%     2,097   Secured
Unified Housing Foundation, Inc. (Echo Station) (1)   12/32   12.00%     1,481   Secured
Unified Housing Foundation, Inc. (Inwood on the Park) (1)   12/32   12.00%     5,059   Secured
Unified Housing Foundation, Inc. (Kensington Park) (1)   12/32   12.00%     3,933   Secured
Unified Housing Foundation, Inc. (Lakeshore Villas) (1)   12/32   12.00%     2,000   Secured
Unified Housing Foundation, Inc. (Lakeshore Villas) (1)   12/32   12.00%     9,100   Secured
Unified Housing Foundation, Inc. (Limestone Canyon) (1)   12/32   12.00%     2,653   Secured
Unified Housing Foundation, Inc. (Limestone Canyon) (1)   12/32   12.00%     4,640   Secured
Unified Housing Foundation, Inc. (Limestone Ranch) (1)   12/32   12.00%     1,953   Secured
Unified Housing Foundation, Inc. (Limestone Ranch) (1)   12/32   12.00%     6,000   Secured
Unified Housing Foundation, Inc. (Parkside Crossing) (1)   12/32   12.00%     2,272   Secured
Unified Housing Foundation, Inc. (Reserve at White Rock Phase I) (1)   12/32   12.00%     2,485   Secured
Unified Housing Foundation, Inc. (Reserve at White Rock Phase II) (1)   12/32   12.00%     2,555   Secured
Unified Housing Foundation, Inc. (Sendero Ridge) (1)   12/32   12.00%     4,491   Secured
Unified Housing Foundation, Inc. (Sendero Ridge) (1)   12/32   12.00%     4,812   Secured
Unified Housing Foundation, Inc. (Timbers of Terrell) (1)   12/32   12.00%     1,323   Secured
Unified Housing Foundation, Inc. (Tivoli) (1)   12/32   12.00%     7,966   Secured
Unified Housing Foundation, Inc. (Trails at White Rock) (1)   12/32   12.00%     3,815   Secured
Unified Housing Foundation, Inc. (1)   06/17   12.00%     1,261   Unsecured
Unified Housing Foundation, Inc. (1)   12/17   12.00%     1,207   Unsecured
Unified Housing Foundation, Inc. (1)   12/18   12.00%     3,994   Unsecured
Unified Housing Foundation, Inc. (1)   12/18   12.00%     6,407   Unsecured
Unified Housing Foundation, Inc. (1)   12/15   12.00%     2,665   Unsecured
Unified Housing Foundation, Inc. (1)   12/16   12.00%     3,657   Unsecured
Other related party notes   Various   Various         1,349   Various secured interests
Other related party notes   Various   Various         1,420   Various unsecured interests
Other non-related party notes   Various   Various         3,166   Various secured interests
Other non-related party notes   Various   Various         503   Various unsecured interests
Accrued interest             8,222    
Total Performing           $ 137,280    
                   
Allowance for estimated losses             (17,037 )  
Total           $ 120,243    

 

  (1) Related party notes
  (2) An allowance was taken for estimated losses at full value of note.