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NOTES AND INTEREST RECEIVABLE FROM RELATED PARTIES (Tables)

12 Months Ended

Dec. 31, 2018

Receivables [Abstract]

Summary of notes and interest receivable from related parties

As of December 31, 2018 and 2017, we recognized interest income of $1.8 million and $2.3 million, respectively, related to these notes receivable. Below is a summary of notes and interest receivable from related parties (dollars in thousands):

			Maturity				Interest
Borrower			Date				Rate			Amount				Collateral
Performing loans:
Unified Housing Foundation, Inc. (Echo Station)			12/32				12.00	%		$	1,481				Secured
Unified Housing Foundation, Inc. (Lakeshore Villas)			12/32				12.00	%			2,000				Secured
Unified Housing Foundation, Inc. (Lakeshore Villas)			12/32				12.00	%			6,369				Secured
Unified Housing Foundation, Inc. (Limestone Ranch)			12/32				12.00	%			1,953				Secured
Unified Housing Foundation, Inc. (Timbers of Terrell)			12/32				12.00	%			1,323				Secured
Accrued interest											904
Total Performing										$	14,030

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Schedule of notes and interest receiavble from related parties.

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