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NOTES AND INTEREST RECEIVABLE (Tables)
 12 Months Ended
Dec. 31, 2018
Receivables [Abstract]  
Schedule of notes receivable

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 
H198, LLC (Legacy at Pleasant Grove Land)   10/19   12.00%   496    Secured 
Oulan-Chikh Family Trust  03/21   8.00%   174    Secured 
H198, LLC (McKinney Ranch Land)   09/20   6.00%   4,554    Secured 
Forest Pines   09/19   5.00%   2,223    Secured 
Spyglass Apartments of Ennis, LP   11/19   5.00%   5,083    Secured 
Bellwether Ridge   05/20   5.00%   3,429    Secured 
Parc at Windmill Farms   05/20   5.00%   6,066    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%   6,369    Secured 
Unified Housing Foundation, Inc. (Lakeshore Villas) (1)   12/32   12.00%   2,732    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%   2,000    Secured 
Unified Housing Foundation, Inc. (Limestone Ranch) (1)   12/32   12.00%   4,000    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%   6,140    Secured 
Unified Housing Foundation, Inc. (Trails at White Rock) (1)   12/32   12.00%   3,815    Secured 
Unified Housing Foundation, Inc. (1)   12/19   12.00%   10,401    Unsecured 
Unified Housing Foundation, Inc. (1)   06/20   12.00%   11,074    Unsecured 
Unified Housing Foundation, Inc. (1)   12/32   12.00%   1,349    Unsecured 
Realty Advisors Management, Inc. (1)   12/24   2.28%   20,390    Unsecured 
One Realco Corporation (1,2)   01/20   3.00%   7,000    Unsecured 
Other related party notes   Various   Various    2,890    Various secured interests 
Other non-related party notes   Various   Various    1,031    Various secured interests 
Other non-related party notes   Various   Various    2,670    Various unsecured interests 
Accrued interest            11,165      
Total Performing           $140,327      
Allowance for estimated losses            (14,269)     
Total           $126,058      

 

(1)Related party notes

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