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Mortgages and Other Notes Payable (Tables) | 12 Months Ended
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Dec. 31, 2021
Debt Disclosure [Abstract] |
Schedule of Debt | Below is a summary of our notes and interest payable as of December 31, 2021 and 2020:
|  | Carrying Value |  | Interest Rate |  | Maturity Date
Property/ Entity |  | 2021 |  | 2020 |  |
600 Las Colinas(1) |  | $ | — |  |  | $ | 35,589 |  |  | 5.30 | % |  | 11/1/2023
770 South Post Oak |  | 11,635 |  |  | 11,871 |  |  | 4.40 | % |  | 6/1/2025
Athens(2) |  | 1,155 |  |  | 1,155 |  |  | 4.00 | % |  | 8/28/2022
Chelsea |  | 8,037 |  |  | 8,194 |  |  | 3.40 | % |  | 12/1/2050
EQK Portage - Land |  | 3,350 |  |  | 3,350 |  |  | 10.00 | % |  | 11/13/2024
HSW Partners(3) |  | — |  |  | 17,790 |  |  | 9.50 | % |  | 6/17/2021
Forest Grove(4) |  | 7,263 |  |  | 7,333 |  |  | 3.75 | % |  | 5/5/2024
Landing Bayou |  | 14,407 |  |  | 14,643 |  |  | 3.50 | % |  | 9/1/2053
Legacy at Pleasant Grove |  | 13,352 |  |  | 13,653 |  |  | 3.60 | % |  | 4/1/2048
McKinney 36 Land |  | — |  |  | 820 |  |  | 8.00 | % |  | 6/30/2022
New Concept Energy |  | 3,542 |  |  | 3,542 |  |  | 6.00 | % |  | 9/30/2022
Overlook at Allensville Phase II(5) |  | — |  |  | 15,621 |  |  | 3.80 | % |  | 5/1/2059
Parc at Denham Springs Phase II |  | 15,962 |  |  | 16,128 |  |  | 4.10 | % |  | 2/1/2060
RCM HC Enterprises(3) |  | 5,086 |  |  | — |  |  | 9.50 | % |  | 12/17/2026
Stanford Center(6) |  | 38,979 |  |  | 39,093 |  |  | 6.00 | % |  | 2/26/2022
Sugar Mill Phase III |  | 9,216 |  |  | 9,298 |  |  | 4.50 | % |  | 2/1/2060
Toulon(7) |  | 13,697 |  |  | 13,975 |  |  | 3.20 | % |  | 12/1/2051
Villas at Bon Secour(8) |  | 19,492 |  |  | 10,280 |  |  | 3.08 | % |  | 9/1/2031
Vista Ridge |  | 9,830 |  |  | 9,979 |  |  | 4.00 | % |  | 8/1/2053
Windmill Farms(9) |  | 8,389 |  |  | 10,397 |  |  | 5.00 | % |  | 2/28/2023
|  | $ | 183,392 |  |  | $ | 242,711 |  |  |  |  |
(1) On August 26, 2021, we paid off the loan in connection with the sale of the underlying property (See Note 7 - Real Estate Activity). (2) On March 2, 2021, the loan was extended to August 28, 2022. (3) On June 4, 2021, the lender assumed the remaining $1,986 balance of our loan from HSW Partners and extended the maturity to December 17, 2026. (4) The loan bears interest at prime rate plus 0.5%. (5) On March 30, 2021, the loan was assumed by VAA in connection with our contribution of the underlying property to the joint venture (See Note 9 – Investment in Unconsolidated Joint Ventures). (6) On March 4, 2021, the loan was extended to February 28, 2023 at an interest rate of 5%. (7) On January 14, 2022, we paid off the loan in connection with the sale of the underlying property (See Note 20 - Subsequent Events). (8) On August 25, 2021, we replaced the existing loan on the property with a new $20,015 loan that bears interest at 3.08% and matures on September 1, 2031. (9) On March 4, 2021, the loan was extended to February 28, 2023 at an interest rate of 5%.
Schedule of Future Principal Payments | Future principal payments due on our notes payable at December 31, 2021 are as follows:
Year |  | Amount
2022 |  | $ | 50,763 |
2023 |  | 4,355 |
2024 |  | 9,444 |
2025 |  | 13,021 |
2026 |  | 2,172 |
Thereafter |  | 107,307 |
|  | 187,062 |
Deferred finance cost |  | (3,670) |
|  | $ | 183,392 |

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