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Schedule IV Mortgage Loans Receivable | 12 Months Ended
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Dec. 31, 2015
Accounting Changes and Error Corrections [Abstract] |
Schedule IV Mortgage Loans Receivable | Schedule IV INCOME OPPORTUNITY REALTY INVESTORS, INC. Mortgage Loans Receivable December 31, 2015
Description |  | Interest Rate |  | Final Maturity Date |  | Periodic Payment Term |  | Prior Liens |  | Face Amount of Mortgage |  |  | Carrying Amount of Mortgage |  | Principal Amount of Loans Subject to Delinquent Principal or Interest |
|  |  |  |  |  |  |  |  |  | (dollars in thousands) |  |  |  |
Unified Housing Foundation, Inc. (Echo Station/UH of |  | 12.00% |  | 12/32 |  | Excess cash flow |  | 9,719 |  | 1,809 |  |  | 1,481 |  |  | — |
100% Interest in UH of Temple, LLC |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unified Housing Foundation, Inc. (Lakeshore Villas/HFS of Humble,LLC) (31.5% of cash flow) |  | 12.00% |  | 12/32 |  | Excess cash flow |  | 15,756 |  | 8,836 |  |  | 6,368 |  |  | — |
Interest in Unified Housing Foundation Inc. |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unified Housing Foundation, Inc. (Limestone Canyon/UH of Austin,LLC) |  | 12.00% |  | 12/32 |  | Excess cash flow |  | 13,621 |  | 3,300 |  |  | 2,653 |  |  | — |
100% Interest in UH of Austin, LLC |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unified Housing Foundation, Inc. (Limestone Ranch/UH of Vista Ridge,LLC) |  | 12.00% |  | 12/32 |  | Excess cash flow |  | 18,641 |  | 2,427 |  |  | 1,953 |  |  | — |
100% Interest in UH of Vista Ridge, LLC |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unified Housing Foundation, Inc. (Parkside Crossing/UH of Parkside Crossing,LLC) |  | 12.00% |  | 12/32 |  | Excess cash flow |  | 11,544 |  | 2,409 |  |  | 1,936 |  |  | — |
100% Interest in UH of Parkside Crossing, LLC |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unified Housing Foundation, Inc. (Sendero Ridge) |  | 12.00% |  | 12/32 |  | Excess cash flow |  | 22,984 |  | 5,587 |  |  | 4,491 |  |  | — |
100% Interest in UH of Sendero Ridge, LLC |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unified Housing Foundation, Inc. (Timbers at the Park/UH of Terrell,LLC) |  | 12.00% |  | 12/32 |  | Excess cash flow |  | 7,294 |  | 1,702 |  |  | 1,323 |  |  | — |
100% Interest in UH of Terrell, LLC |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unified Housing Foundation, Inc. (Tivoli) |  | 12.00% |  | 12/32 |  | Excess cash flow |  | 10,398 |  | 2,019 |  |  | 1,826 |  |  | — |
100% Interest in UH of Tivoli, LLC |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unified Housing Foundation, Inc. (Lakeshore Villas/HFS of Humble,LLC) (68.5% of cash flow) |  | 12.00% |  | 12/32 |  | Excess cash flow |  | 15,756 |  | 2,189 |  |  | 2,000 |  |  | — |
|  |  |  |  |  |  |  |  |  |  |  | $ | 24,031 |  |  |  |
|  |  |  |  |  |  |  | Interest receivable |  |  | 2,677 |  |  |  |
|  |  |  |  |  | Allowance for estimated losses |  |  | (1,826 | ) |  |  |
|  |  |  |  |  |  |  |  |  |  |  | $ | 24,882 |  |  |  |
Schedule IV (continued) INCOME OPPORTUNITY REALTY INVESTORS, INC. Mortgage Loans Receivable For the Years Ended December 31,
|  |  | 2015 |  |  |  | 2014 |  |  |  | 2013 |
|  | (dollars in thousands) |
Balance at January 1, |  | $ | 27,461 |  |  | $ | 30,693 |  |  | $ | 27,002 |
Additions |  |  |  |  |  |  |  |  |  |  |  |
New mortgage loans |  |  | — |  |  |  | — |  |  |  | — |
Conversion of accrued interest to principal |  |  | — |  |  |  | — |  |  |  | — |
Increase of interest receivable on mortgage loans |  |  | 2,738 |  |  |  | 3,037 |  |  |  | 4,766 |
Deductions |  |  |  |  |  |  |  |  |  |  |  |
Amounts received |  |  | (3,491 | ) |  |  | (6,269 | ) |  |  | (1,075 | )
Non-cash reduction |  |  | — |  |  |  | — |  |  |  | — |
Cost of mortgages sold |  |  | — |  |  |  | — |  |  |  | — |
Balance at December 31, |  | $ | 26,708 |  |  | $ | 27,461 |  |  | $ | 30,693 |

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- Definition The entire disclosure for mortgage loans on real estate, this includes the supplemental information pertaining to each mortgage loan receivable that equals or exceeds three percent of the carrying amount of mortgages. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 948 -SubTopic 310 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-29) -URI http://asc.fasb.org/extlink&oid=6589523&loc=d3e617274-123014 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 10 -Section S99 -Paragraph 6 -Subparagraph (SX 210.5-04.(c) Schedule IV) -URI http://asc.fasb.org/extlink&oid=27047687&loc=d3e5864-122674 + Details
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