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NOTES AND INTEREST RECEIVABLE (Tables)
 3 Months Ended
Mar. 31, 2019
Receivables [Abstract]  
Schedule of notes receivable

Below is a summary of our notes receivable as of March 31, 2019 (dollars in thousands): 

 

Borrower   Maturity
Date		     Interest
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 %     2,230       Secured  
Spyglass Apartments of Ennis, LP   11/19     5.00 %     5,141       Secured  
Bellwether Ridge   05/20     5.00 %     3,540       Secured  
Parc at Windmill Farms   05/20     5.00 %     6,202       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 %     11,075       Unsecured  
Unified Housing Foundation, Inc. (1)   12/32     12.00 %     1,349       Unsecured  
Realty Advisors Management, Inc. (1)   12/24     2.28 %     20,387       Unsecured  
One Realco Corporation   01/20     3.00 %     7,000       Unsecured  
Other related party notes (1) (2)   Various     Various       2,363       Various secured interests  
Other non-related party notes   Various     Various       1,377       Various secured interests  
Other non-related party notes   Various     Various       2,671       Various unsecured interests  
Accrued interest                 9,439          
Total Performing               $ 138,731          
Allowance for estimated losses                 (14,269 )        
Total               $ 124,462          

 

(1) Related party notes.

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