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NOTES AND INTEREST RECEIVABLE (Tables)
 6 Months Ended
Jun. 30, 2016
Receivables [Abstract]  
Schedule of the notes receivable provide for principal to be paid at maturity

Below is a summary of our notes receivable as of June 30, 2016 (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
Oulan-Chikh Family Trust   03/21   8.00%     174       Secured
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)   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%     2,657       Unsecured
Unified Housing Foundation, Inc. (1)   12/16   12.00%     2,514       Unsecured
Unified Housing Foundation, Inc. (1)   06/19   12.00%     5,400       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     3,466       Various secured interests
Other non-related party notes   Various   Various     103       Various unsecured interests
Accrued interest             8,770        
Total Performing           $ 140,891        
                       
Allowance for estimated losses             (17,037 )      
Total           $ 123,854        

 

(1) Related party notes

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