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NOTES AND INTEREST RECEIVABLE (Tables)
 6 Months Ended
Jun. 30, 2018
Receivables [Abstract]  
Schedule of notes receivable

Below is a summary of our notes receivable as of June 30, 2018 (dollars in thousands): 

 

Borrower   Maturity Date   Interest 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
Oulan-Chikh Family Trust   03/21     8.00%     174     Secured
H198, LLC (McKinney Ranch Land)   09/18     6.00%     4,554     Secured
2818 Ventures LLC (Forest Pines)   11/18     5.00%     2,223     Secured
ABC Land & Development (Mandahl Bay)   05/38     6.00%     1,735     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%     3,639     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%     9,101     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. (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. (Timbers of Terrell) (1)   12/32     12.00%     1,323     Secured
Unified Housing Foundation, Inc. (Tivoli) (1)   12/32     12.00%     7,965     Secured
Unified Housing Foundation, Inc. (Trails at White Rock) (1)   12/32     12.00%     3,815     Secured
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)   06/20     12.00%     5,760     Unsecured
Unified Housing Foundation, Inc. (1)   03/21     12.00%     5,314     Unsecured
One Realco Corporation (1,2)   01/20     3.00%     7,000     Unsecured
Realty Advisors Management, Inc. (1)   12/19     2.28%     20,387     Unsecured
Other related party notes   Various     Various     1,349     Various secured interests
Other related party notes   Various     Various     510     Various unsecured interests
Other non-related party notes   Various     Various     3,466     Various secured interests
Other non-related party notes   Various     Various     14,639     Various unsecured interests
Accrued interest               11,108      
Total Performing             $ 142,277      
Allowance for estimated losses               (15,770 )    
                       
Total             $ 126,507      

  

(1) Related party notes

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