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

Below is a summary of our notes receivable as of September 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   11/20   5.00 %     2,675   Secured
Spyglass Apartments of Ennis, LP   11/19   5.00 %     5,287   Secured
Bellwether Ridge   05/20   5.00 %     3,706   Secured
Parc at Windmill Farms   05/20   5.00 %     6,513   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 at 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 at 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       17,308   Various secured interests
Accrued interest               11,048    
Total Performing             $ 172,468    
Allowance for estimated losses               (14,269 )  
Total             $ 158,199    

 

(1) Related party notes. 

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