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Mortgages and Other Notes Payable (Tables)

3 Months Ended

Mar. 31, 2024

Debt Disclosure [Abstract]

Schedule of Debt

The following table summarizes our mortgages and other notes payable as of March 31, 2024 and December 31, 2023:

						Carrying Value												Interest Rate						Maturity Date
Property/ Entity						March 31, 2024						December 31, 2023
770 South Post Oak						$	11,126					$	11,187					4.40		%				6/1/2025
Blue Lake Villas						9,459						9,503						3.15		%				11/1/2055
Blue Lake Villas Phase II						3,329						3,349						2.85		%				6/1/2052
Chelsea						8,018						8,064						3.40		%				12/1/2050
EQK Portage						3,350						3,350						10.00		%				11/13/2024
Forest Grove						6,951						6,988						3.75		%				5/5/2024
Landing on Bayou Cane						14,373						14,442						3.50		%				9/1/2053
Legacy at Pleasant Grove						12,633						12,716						3.60		%				4/1/2048
New Concept Energy						3,542						3,542						6.00		%				9/30/2025
Northside on Travis						11,327						11,394						2.50		%				2/1/2053
Parc at Denham Springs						16,312						16,399						3.75		%				4/1/2051
Parc at Denham Springs Phase II						15,562						15,608						4.05		%				2/1/2060
RCM HC Enterprises						5,086						5,086						5.00		%				12/31/2024
Residences at Holland Lake						10,373						10,424						3.60		%				3/1/2053
Villas at Bon Secour						19,104						19,205						3.08		%				9/1/2031
Villas of Park West I(1)						9,132						9,181						3.04		%				3/1/2053
Villas of Park West II(1)						8,290						8,334						3.18		%				3/1/2053
Vista Ridge						9,470						9,512						4.00		%				8/1/2053
Windmill Farms(2)						4,390						4,399						7.50		%				2/28/2026
						$	181,827					$	182,683

(1)    On October 16, 2023, we received approval from the lender to assume the loan on the property that we acquired from our joint venture (See Note 10 - Investment in Unconsolidated Joint Ventures).

(2)    On February 8, 2024, we extended the maturity to February 28, 2026 at an interest rate of 7.50%.

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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.

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