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v3.21.1

Mortgages and Notes Payable (Tables) | 3 Months Ended
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Mar. 31, 2021
Debt Disclosure [Abstract] |
Schedule of Debt | The following table summarizes our mortgages and other notes payable as of March 31, 2021 and December 31, 2020:
|  | Carrying value |  |  |  |
Property / Entity |  | March 31, 2021 |  | December 31, 2020 |  | Effective Interest Rate |  | Maturity Date
600 Las Colinas |  | 35,396 |  |  | 35,589 |  |  | 5.30 | % |  | 11/1/2023
770 South Post Oak |  | 11,816 |  |  | 11,871 |  |  | 4.40 | % |  | 6/1/2025
Athens(1) |  | 1,155 |  |  | 1,155 |  |  | 5.90 | % |  | 8/28/2022
Chelsea |  | 8,154 |  |  | 8,194 |  |  | 3.40 | % |  | 12/1/2050
EQK Portage - Land |  | 3,350 |  |  | 3,350 |  |  | 10.00 | % |  | 11/13/2024
HSW Partners |  | 17,802 |  |  | 17,790 |  |  | 9.50 | % |  | 6/17/2021
Forest Grove(2) |  | 7,333 |  |  | 7,333 |  |  | 3.75 | % |  | 5/5/2024
Landing Bayou |  | 14,584 |  |  | 14,643 |  |  | 3.50 | % |  | 9/1/2053
Legacy at Pleasant Grove |  | 13,579 |  |  | 13,653 |  |  | 3.60 | % |  | 4/1/2048
McKinney 36 Land |  | 783 |  |  | 820 |  |  | 8.00 | % |  | 6/30/2022
New Concept Energy |  | 3,542 |  |  | 3,542 |  |  | 6.00 | % |  | 9/30/2021
Overlook at Allensville Phase II(3) |  | — |  |  | 15,621 |  |  | 3.80 | % |  | 5/1/2059
Parc at Denham Springs Phase II |  | 16,087 |  |  | 16,128 |  |  | 4.10 | % |  | 2/1/2060
Stanford Center |  | 39,125 |  |  | 39,093 |  |  | 6.00 | % |  | 2/26/2022
Sugar Mill Phase III |  | 9,278 |  |  | 9,298 |  |  | 4.50 | % |  | 2/1/2060
Toulon |  | 13,914 |  |  | 13,975 |  |  | 3.20 | % |  | 12/1/2051
Villas at Bon Secour |  | 10,226 |  |  | 10,280 |  |  | 4.00 | % |  | 1/1/2022
Vista Ridge |  | 9,942 |  |  | 9,979 |  |  | 4.00 | % |  | 8/1/2053
Windmill Farms(4) |  | 8,751 |  |  | 10,397 |  |  | 6.00 | % |  | 2/28/2023
|  | $ | 224,817 |  |  | $ | 242,711 |  |  |  |  |
(1) On March 2, 2021, the loan was extended to August 28, 2022. (2) The loan bears interest at prime rate plus 0.5%March 31, 2021 and December 31, 2020. (3) On March 30, 2021, the loan was assumed by VAA in connection with our contribution of of the underlying property to the joint venture (See Note 9 – Investment in Unconsolidated Joint Ventures). (4) On March 4, 2021, the loan was extended to February 28, 2023 at an interest of 5%.

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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