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MORTGAGE NOTES PAYABLE (Tables) | 12 Months Ended
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Dec. 31, 2024
MORTGAGE NOTES PAYABLE |
Schedule of approximate annual maturities | Approximate annual maturities at December 31, 2024 are as follows: ​
​ | ​ | ​ | ​ | ​
2025—current maturities |  | $ | 3,579,000 |
2026 | ​ |  | 25,088,000 | ​
2027 | ​ |  | 23,328,000 | ​
2028 | ​ |  | 31,875,000 | ​
2029 | ​ |  | 28,301,000 | ​
Thereafter | ​ |  | 296,434,000 | ​
​ | ​ | ​ | 408,605,000 | ​
Less: unamortized deferred financing costs | ​ | ​ | 2,399,000 | ​
​ | ​ | $ | 406,206,000 | ​
Schedule of debt by property | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | PREVIOUS | ​ | CURRENT | ​ | DEFERRED | ​ | ​
​ | ​ | MORTGAGE | ​ | MORTGAGE | ​ | FINANCE | ​ | PREPAYMENT
PROPERTY NAME |  | BALANCE |  | BALANCE |  | COSTS |  | PENALTY
Dean Street | $ | 5,687,000 | $ | 10,322,000 | $ | 109,841 | $ | 160,943
School Street |  | 13,178,000 |  | 26,993,000 |  | 287,159 |  | 171,676
Westgate Apartments |  | 15,700,000 |  | 38,475,000 |  | 409,299 |  | 401,714
Courtyard at Westgate |  | 2,500,000 |  | 4,494,000 |  | 47,831 |  | 100,211
​ | $ | 37,065,000 | $ | 80,284,000 | $ | 854,130 | $ | 834,544

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