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MORTGAGE NOTES PAYABLE (Tables) | 6 Months Ended
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Jun. 30, 2016
MORTGAGE NOTES PAYABLE |
Schedule of approximate annual maturities | Approximate annual maturities at June 30, 2016 are as follows:
2017—current maturities |  | $ | 1,626,000 |
2018 |  |  | 1,817,000 |
2019 |  |  | 7,897,000 |
2020 |  |  | 4,329,000 |
2021 |  |  | 2,192,000 |
Thereafter |  |  | 197,789,000 |
|  |  | 215,650,000 |
Less: unamortized deferred financing costs |  |  | (1,519,000) |
|  | $ | 214,131,000 |

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- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
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