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NOTES AND INTEREST RECEIVABLE (Tables)
 6 Months Ended
Jun. 30, 2019
Receivables [Abstract]  
Schedule of notes receivable

Below is a summary of our notes receivable as of June 30, 2019 (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  
RAI PFBL 2018 Purch Fee Note Weatherford   12/21     12.00%       525     Secured  
Forest Pines   09/19     5.00%       2,523     Secured  
Spyglass Apartments of Ennis, LP   11/19     5.00%       5,141     Secured  
Bellwether Ridge   05/20     5.00%       3,686     Secured  
Parc at Windmill Farms   05/20     5.00%       6,361     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)   12/21     12.00%       10,401     Unsecured  
Unified Housing Foundation, Inc. (1)   06/20     12.00%       11,074     Unsecured  
Unified Housing Foundation, Inc. (1)   03/22     12.00%       4,782     Unsecured  
Unified Housing Foundation, Inc. (Lakeshore Villas) (1)   07/21     12.00%       838     Secured  
Unified Housing Foundation, Inc. (Limestone Ranch) (1)   07/21     12.00%       773     Secured  
Unified Housing Foundation, Inc. (Marquis @ Vista Ridge) (1)   07/21     12.00%       839     Secured  
Unified Housing Foundation, Inc. (Timbers at the Park) (1)   07/21     12.00%       432     Secured  
Unified Housing Foundation, Inc. (Trails @ White Rock) (1)   07/21     12.00%       913     Secured  
Unified Housing Foundation, Inc. (Bella Vista) (1)   08/21     12.00%       212     Secured  
Unified Housing Foundation, Inc. (1)   10/21     12.00%       6,831     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       4,019     Various secured interests  
Other non-related party notes   Various     Various       14,460     Various secured interests  
Other non-related party notes   Various     Various       2,671     Various unsecured interests  
Accrued interest                 13,078        
Total Performing               $ 173,851        
 Allowance for estimated losses                 (14,269 )      
Total               $ 159,582        

 

(1) Related party notes.

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