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MORTGAGE NOTES PAYABLE (Tables) | 3 Months Ended
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Mar. 31, 2017
MORTGAGE NOTES PAYABLE |
Schedule of approximate annual maturities | Approximate annual maturities at March 31, 2017 are as follows:
2018—current maturities |  | $ | 1,784,000 |
2019 |  |  | 7,863,000 |
2020 |  |  | 4,312,000 |
2021 |  |  | 1,965,000 |
2022 |  |  | 2,471,000 |
Thereafter |  |  | 195,305,000 |
|  |  | 213,700,000 |
Less: unamortized deferred financing costs |  |  | (1,378,000) |
|  | $ | 212,322,000 |

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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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