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SCHEDULE IV - MORTGAGE LOANS
 12 Months Ended
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

DescriptionInterest RateMaturity DatePeriodic Payment
Terms		Prior LiensFace AmountCarrying Value
Convertible loans
Autumn Breeze5.00%7/1/2025No payments until maturity or conversion$24,474 $2,326 $2,326 
Bellwether Ridge5.00%11/1/2026No payments until maturity or conversion17,843 3,798 3,798 
Forest Pines5.00%11/1/2022No payments until maturity or conversion26,060 6,472 6,472 
Parc at Ingleside5.00%11/1/2026No payments until maturity or conversion24,815 3,759 3,759 
Parc at Opelika Phase II10.00%1/13/2023No payments until maturity or conversion21,904 3,190 3,190 
Parc at Windmill Farms5.00%11/1/2022No payments until maturity or conversion35,112 7,886 7,886 
Plum Tree5.00%4/26/2026No payments until maturity or conversion17,525 1,767 1,767 
Spyglass of Ennis5.00%11/1/2022No payments until maturity or conversion22,509 5,258 5,258 
Steeple Crest5.00%8/1/2026No payments until maturity or conversion11,298 6,498 6,498 
201,540 40,954 40,954 
Land loans
ABC Land and Development, Inc.9.50%6/30/2026No payments until maturity— 4,408 4,408 
ABC Paradise, LLC9.50%6/30/2026No payments until maturity— 1,210 1,210 
Lake Wales9.50%6/30/2026No payments until maturity— 3,000 3,000 
Legacy Pleasant Grove12.00%10/23/2024No payments until maturity— 496 496 
McKinney Ranch6.00%9/15/2024No payments until maturity— 3,926 3,926 
One Realco Land Holding, Inc.9.50%6/30/2026No payments until maturity— 1,728 1,728 
Riverview on the Park Land, LLC9.50%6/30/2026No payments until maturity— 1,045 1,045 
Spartan Land12.00%1/16/2025No payments until maturity— 5,907 5,907 
— 21,720 21,720 
Subsidized housing
Phillips Foundation for Better Living, Inc.12.00%3/31/2024Payments from excess property cash flows— 182 182 
Unified Housing Foundation12.00%6/30/2023Payments from excess property cash flows— 2,881 2,881 
Unified Housing Foundation12.00%6/30/2023Payments from excess property cash flows— 212 212 
Unified Housing Foundation12.00%6/30/2023Payments from excess property cash flows— 6,831 6,831 
Unified Housing Foundation12.00%6/30/2023Payments from excess property cash flows— 10,401 10,401 
Unified Housing Foundation12.00%3/31/2024Payments from excess property cash flows— 10,096 10,096 
DescriptionInterest RateMaturity DatePeriodic Payment
Terms		Prior LiensFace AmountCarrying Value
Unified Housing Foundation12.00%3/31/2025Payments from excess property cash flows— 6,990 6,990 
Unified Housing Foundation12.00%5/31/2023Payments from excess property cash flows— 3,615 3,615 
Unified Housing Foundation12.00%12/31/2032Payments from excess property cash flows53,039 27,477 27,477 
Unified Housing Foundation12.00%3/31/2024Payments from excess property cash flows— 6,521 6,521 
Unified Housing Foundation12.00%4/30/2024Payments from excess property cash flows— 1,549 1,549 
Unified Housing Foundation12.00%6/30/2024Payments 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,
 202220212020
Balance at January 1,$136,607 $130,626 $143,087 
Additions4,653 19,149 15,312 
Deductions(1,651)(13,168)(27,773)
Balance at December 31,$139,609 $136,607 $130,626