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NOTES AND INTEREST PAYABLE (Tables)
3 Months Ended
Mar. 31, 2020
Debt Disclosure [Abstract]  
Schedule of notes and interest payable

Below is a summary of our notes and interest payable as of March 31, 2020 and December 31, 2019 (dollars in thousands):

 

  March 31,     December 31,  
  2020     2019  
Apartments $         120,370     $         120,024  
Apartments under Construction   16,710       9,017  
Commercial   92,319       92,838  
Land   17,644       19,128  
Corporate and other notes   20,266       20,429  
Total notes payable $         267,309     $         261,436  
Less: unamortized deferred borrowing costs   (7,189 )     (7,342  
Total outstanding notes payable, net $         260,120     $         254,094  
Accrued Interest   849       779  
Total notes payable, net and accrued interest $         260,969     $         254,873