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v3.20.1

NOTES AND INTEREST RECEIVABLE (Tables) | 3 Months Ended
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Mar. 31, 2020
Receivables [Abstract] |
Schedule of notes receivable | Below is a summary of our notes receivable as of March 31, 2020 (dollars in thousands):
|  |  |  |  |  |  | Maturity |  | Interest |  |  |  |  |
|  | Borrower |  |  |  |  | Date |  | Rate |  | Amount |  | Security
Performing loans: |  |  |  |  |  |  |  |  |  |  |  |  |
| Prospectus Endeavors 4, LLC |  |  |  |  | 01/23 |  | 12.00% |  |  | 5,907 |  | Secured
| Prospectus Endeavors 6, LLC |  |  |  |  | 10/22 |  | 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 phase I |  |  |  |  |  | 11/20 |  | 5.00% |  |  | 2,869 |  | Secured
| Spyglass Apartments of Ennis, LP |  |  |  | 11/20 |  | 5.00% |  |  | 5,335 |  | Secured
| Bellwether Ridge |  |  |  |  |  | 05/20 |  | 5.00% |  |  | 3,853 |  | Secured
| Parc at Windmill Farms |  |  |  |  | 05/20 |  | 5.00% |  |  | 7,697 |  | Secured
| Autumn Breeze Apts |  |  |  |  | 10/21 |  | 5.00% |  |  | 1,414 |  | Secured
| Plum Tree |  |  |  |  |  | 10/21 |  | 5.00% |  |  | 492 |  | Secured
| Parc at Ingleside |  |  |  |  |  | 12/21 |  | 5.00% |  |  | 1,827 |  | Secured
| RNC Revolving Line of Credit |  |  |  |  | 09/24 |  | 5.00% |  |  | 8,851 |  | Secured
| Steeple Crest |  |  |  |  |  | 10/20 |  | 5.00% |  |  | 6,665 |  | Secured
| RAI PFBL 2018 Purch Fee Note Weatherford |  |  | 12/21 |  | 12.00% |  |  | 525 |  | 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. (Timbers of Terrell) (1) |  | 12/32 |  | 12.00% |  |  | 1,323 |  | Secured
| Unified Housing Foundation, Inc. (1) |  |  |  | 12/21 |  | 12.00% |  |  | 10,401 |  | Unsecured
| Unified Housing Foundation, Inc. (1) |  |  |  | 06/20 |  | 12.00% |  |  | 5,314 |  | 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. (Bella Vista) (1) |  |  | 08/21 |  | 12.00% |  |  | 212 |  | Secured
| Unified Housing Foundation, Inc. (1) |  |  |  | 10/21 |  | 12.00% |  |  | 6,832 |  | Unsecured
| Unified Housing Foundation, Inc. (1) |  |  |  | 12/32 |  | 12.00% |  |  | 497 |  | Unsecured
| Unified Housing Foundation, Inc. (1) |  |  |  | 03/23 |  | 12.00% |  |  | 61 |  | Unsecured
| Unified Housing Foundation, Inc. (1) |  |  |  | 03/23 |  | 12.00% |  |  | 1,482 |  | Unsecured
| Unified Housing Foundation, Inc. (1) |  |  |  | 03/23 |  | 12.00% |  |  | 4,792 |  | Unsecured
| Unified Housing Foundation, Inc. (1) |  |  |  | 03/23 |  | 12.00% |  |  | 716 |  | Unsecured
| Unified Housing Foundation, Inc. (1) |  |  |  | 03/23 |  | 12.00% |  |  | 317 |  | Unsecured
| Realty Advisors Management, Inc. (1) |  |  |  | 12/22 |  | 2.28% |  |  | 20,387 |  | Unsecured
| One Realco Corporation |  |  |  |  | 01/23 |  | 3.00% |  |  | 7,000 |  | Unsecured
| Other related party notes (1) (2) |  |  |  |  | Various |  | Various |  |  | 1,825 |  | Various secured interests
| Other non-related party notes |  |  |  |  | Various |  | Various |  |  | 11,692 |  | Various secured interests
| Accrued interest |  |  |  |  |  |  |  |  |  |  | 11,637 |  |
Total Performing |  |  |  |  |  |  |  |  |  | $ | 170,918 |  |
| Allowance for estimated losses |  |  |  |  |  |  |  |  |  | (12,557 | ) |
Total |  |  |  |  |  |  |  |  |  | $ | 158,361 |  |
| (1) | Related party notes.
| (2) | An allowance was taken for estimated losses at full value of note.

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- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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