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Mortgages and Other Notes Payable (Tables) | 12 Months Ended
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Dec. 31, 2020
Debt Disclosure [Abstract] |
Schedule of Debt | Below is a summary of our notes and interest payable as of December 31, 2020 and 2019:
|  | Carrying Value |  | Interest Rate |  | Maturity Date |
Property/ Entity |  | 2020 |  | 2019 |  |  |
600 Las Colinas |  | 35,589 |  |  | 36,302 |  |  | 5.30 | % |  | 11/1/2023 |
770 South Post Oak |  | 11,871 |  |  | 12,077 |  |  | 4.40 | % |  | 6/1/2025 |
Bridge View Plaza(1) |  | — |  |  | 3,824 |  |  | 7.75 | % |  | 11/1/2020 |
Chelsea |  | 8,194 |  |  | 8,749 |  |  | 3.40 | % |  | 12/1/2050 |
EQK Portage - Land(2) |  | 3,350 |  |  | — |  |  | 10.00 | % |  | 11/13/2024 |
HSW Partners(3) |  | 17,790 |  |  | 17,359 |  |  | 9.50 | % |  | 6/17/2021 |
Farnham Park(4) |  | — |  |  | 9,144 |  |  | 3.39 | % |  | 12/1/2050 |
Forest Grove(5) |  | 7,333 |  |  | 1,390 |  |  | 3.75 | % |  | 5/5/2024 |
Landing Bayou |  | 14,643 |  |  | 15,467 |  |  | 3.50 | % |  | 9/1/2053 |
Athens(6) |  | 1,155 |  |  | 1,155 |  |  | 5.90 | % |  | 8/28/2022 |
Legacy at Pleasant Grove |  | 13,653 |  |  | 13,944 |  |  | 3.60 | % |  | 4/1/2048 |
McKinney 36 Land |  | 820 |  |  | 944 |  |  | 8.00 | % |  | 6/30/2022 |
New Concept Energy |  | 3,542 |  |  | 4,000 |  |  | 6.00 | % |  | 9/30/2021 |
Overlook at Allenville Phase II |  | 15,621 |  |  | 15,798 |  |  | 3.80 | % |  | 5/1/2059 |
Parc at Denham Springs Phase II |  | 16,128 |  |  | 14,785 |  |  | 4.10 | % |  | 2/1/2060 |
Stanford Center(7) |  | 39,093 |  |  | 39,255 |  |  | 6.00 | % |  | 2/26/2022 |
Sugar Mill Phase III |  | 9,298 |  |  | 5,908 |  |  | 4.50 | % |  | 2/1/2060 |
Toulon |  | 13,975 |  |  | 14,219 |  |  | 3.20 | % |  | 12/1/2051 |
Villager(8) |  | — |  |  | 556 |  |  | 2.50 | % |  | 3/1/2043 |
Villas at Bon Secour |  | 10,280 |  |  | 11,026 |  |  | 4.00 | % |  | 1/1/2022 |
Vista Ridge |  | 9,979 |  |  | 10,122 |  |  | 4.00 | % |  | 8/1/2053 |
Windmill Farms(9) |  | 10,397 |  |  | 13,830 |  |  | 6.00 | % |  | 2/28/2023 |
|  | 242,711 |  |  | 249,854 |  |  |  |  |  |
(1) On September 14, 2020, we paid off the loan in connection with the sale of the underlining property (See Note 7 – Real Estate Activity). (2) On March 5, 2020, we acquired 49.2 acres of land in Kent, Ohio in exchange for the note payable. (3) On, December 3, 2020, we extended the maturity on the loan to June 17, 2021. (4) On July 16, 2020, the loan was assumed by a third party in connection with the sale of the underlying property (See Note 7 – Real Estate Activity). (5) The loan bears interest at prime rate plus 0.5%. (6) On March 2, 2021, the loan was extended to August 28, 2022. (7) On May 1, 2020, the loan was extended to February 26, 2022. (8) On May 1, 2020, the loan was assumed by a third party in connection to sale of the underlying property (See Note 7 – Real Estate Activity). (9) On March 4, 2021, the loan was extended to February 28, 2023 at an interest of 5%.
Schedule of Future Principal Payments | Future principal payments due on our notes payable at December 31, 2020 are as follows:
Year |  | Amount
2021 |  | $ | 14,079 |
2022 |  | 14,403 |
2023 |  | 37,690 |
2024 |  | 2,575 |
2025 |  | 12,927 |
Thereafter |  | 166,222 |
|  | 247,896 |
Deferred finance cost |  | (5,185) |
|  | $ | 242,711 |

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