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SCHEDULE IV - MORTGAGE LOANS | 12 Months Ended
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Dec. 31, 2022
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Abstract] |
SCHEDULE IV - MORTGAGE LOANS | SCHEDULE IV - MORTGAGE LOANS December 31, 2022
Description |  | Interest Rate |  | Maturity Date |  | Periodic Payment Terms |  | Prior Liens |  | Face Amount |  | Carrying Value
Convertible loans |  |  |  |  |  |  |  |  |  |  |  |
Autumn Breeze |  | 5.00% |  | 7/1/2025 |  | No payments until maturity or conversion |  | $ | 24,474 |  |  | $ | 2,326 |  |  | $ | 2,326 |
Bellwether Ridge |  | 5.00% |  | 11/1/2026 |  | No payments until maturity or conversion |  | 17,843 |  |  | 3,798 |  |  | 3,798 |
Forest Pines |  | 5.00% |  | 11/1/2022 |  | No payments until maturity or conversion |  | 26,060 |  |  | 6,472 |  |  | 6,472 |
Parc at Ingleside |  | 5.00% |  | 11/1/2026 |  | No payments until maturity or conversion |  | 24,815 |  |  | 3,759 |  |  | 3,759 |
Parc at Opelika Phase II |  | 10.00% |  | 1/13/2023 |  | No payments until maturity or conversion |  | 21,904 |  |  | 3,190 |  |  | 3,190 |
Parc at Windmill Farms |  | 5.00% |  | 11/1/2022 |  | No payments until maturity or conversion |  | 35,112 |  |  | 7,886 |  |  | 7,886 |
Plum Tree |  | 5.00% |  | 4/26/2026 |  | No payments until maturity or conversion |  | 17,525 |  |  | 1,767 |  |  | 1,767 |
Spyglass of Ennis |  | 5.00% |  | 11/1/2022 |  | No payments until maturity or conversion |  | 22,509 |  |  | 5,258 |  |  | 5,258 |
Steeple Crest |  | 5.00% |  | 8/1/2026 |  | No payments until maturity or conversion |  | 11,298 |  |  | 6,498 |  |  | 6,498 |
|  |  |  |  |  |  |  | 201,540 |  |  | 40,954 |  |  | 40,954 |
Land loans |  |  |  |  |  |  |  |  |  |  |  |
ABC Land and Development, Inc. |  | 9.50% |  | 6/30/2026 |  | No payments until maturity |  | — |  |  | 4,408 |  |  | 4,408 |
ABC Paradise, LLC |  | 9.50% |  | 6/30/2026 |  | No payments until maturity |  | — |  |  | 1,210 |  |  | 1,210 |
Lake Wales |  | 9.50% |  | 6/30/2026 |  | No payments until maturity |  | — |  |  | 3,000 |  |  | 3,000 |
Legacy Pleasant Grove |  | 12.00% |  | 10/23/2024 |  | No payments until maturity |  | — |  |  | 496 |  |  | 496 |
McKinney Ranch |  | 6.00% |  | 9/15/2024 |  | No payments until maturity |  | — |  |  | 3,926 |  |  | 3,926 |
One Realco Land Holding, Inc. |  | 9.50% |  | 6/30/2026 |  | No payments until maturity |  | — |  |  | 1,728 |  |  | 1,728 |
Riverview on the Park Land, LLC |  | 9.50% |  | 6/30/2026 |  | No payments until maturity |  | — |  |  | 1,045 |  |  | 1,045 |
Spartan Land |  | 12.00% |  | 1/16/2025 |  | No payments until maturity |  | — |  |  | 5,907 |  |  | 5,907 |
|  |  |  |  |  |  |  | — |  |  | 21,720 |  |  | 21,720 |
Subsidized housing |  |  |  |  |  |  |  |  |  |  |  |
Phillips Foundation for Better Living, Inc. |  | 12.00% |  | 3/31/2024 |  | Payments from excess property cash flows |  | — |  |  | 182 |  |  | 182 |
Unified Housing Foundation |  | 12.00% |  | 6/30/2023 |  | Payments from excess property cash flows |  | — |  |  | 2,881 |  |  | 2,881 |
Unified Housing Foundation |  | 12.00% |  | 6/30/2023 |  | Payments from excess property cash flows |  | — |  |  | 212 |  |  | 212 |
Unified Housing Foundation |  | 12.00% |  | 6/30/2023 |  | Payments from excess property cash flows |  | — |  |  | 6,831 |  |  | 6,831 |
Unified Housing Foundation |  | 12.00% |  | 6/30/2023 |  | Payments from excess property cash flows |  | — |  |  | 10,401 |  |  | 10,401 |
Unified Housing Foundation |  | 12.00% |  | 3/31/2024 |  | Payments from excess property cash flows |  | — |  |  | 10,096 |  |  | 10,096 |
Description |  | Interest Rate |  | Maturity Date |  | Periodic Payment Terms |  | Prior Liens |  | Face Amount |  | Carrying Value
Unified Housing Foundation |  | 12.00% |  | 3/31/2025 |  | Payments from excess property cash flows |  | — |  |  | 6,990 |  |  | 6,990 |
Unified Housing Foundation |  | 12.00% |  | 5/31/2023 |  | Payments from excess property cash flows |  | — |  |  | 3,615 |  |  | 3,615 |
Unified Housing Foundation |  | 12.00% |  | 12/31/2032 |  | Payments from excess property cash flows |  | 53,039 |  |  | 27,477 |  |  | 27,477 |
Unified Housing Foundation |  | 12.00% |  | 3/31/2024 |  | Payments from excess property cash flows |  | — |  |  | 6,521 |  |  | 6,521 |
Unified Housing Foundation |  | 12.00% |  | 4/30/2024 |  | Payments from excess property cash flows |  | — |  |  | 1,549 |  |  | 1,549 |
Unified Housing Foundation |  | 12.00% |  | 6/30/2024 |  | Payments from excess property cash flows |  | — |  |  | 180 |  |  | 180 |
|  |  |  |  |  |  |  | 53,039 |  |  | 76,935 |  |  | 76,935 |
|  |  |  |  |  |  |  | $ | 254,579 |  |  | $ | 139,609 |  |  | $ | 139,609 |
SCHEDULE IV - MORTGAGE LOANS As of December 31,
| 2022 |  | 2021 |  | 2020
Balance at January 1, | $ | 136,607 |  |  | $ | 130,626 |  |  | $ | 143,087 |
Additions | 4,653 |  |  | 19,149 |  |  | 15,312 |
Deductions | (1,651) |  |  | (13,168) |  |  | (27,773) |
Balance at December 31, | $ | 139,609 |  |  | $ | 136,607 |  |  | $ | 130,626 |

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- Definition The entire disclosure for investment in mortgage loan on real estate by entity with substantial portion of business acquiring and holding investment real estate or interest in real estate. Includes, but is not limited to, information for each mortgage loan receivable equaling or exceeding 3 percent of carrying amount of mortgage. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 29 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 948 -SubTopic 310 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-29) -URI https://asc.fasb.org/extlink&oid=120402547&loc=d3e617274-123014 + Details
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