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NOTES AND INTEREST RECEIVABLE FROM RELATED PARTIES (Tables)

3 Months Ended

Mar. 31, 2019

Receivables [Abstract]

Summary of notes and interest receivable from related parties

Below is a summary of notes and interest receivable from related parties (dollars in thousands):

Borrower		Maturity Date		Interest 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
Total Notes Receivable									13,126
Accrued interest									442
Total Performing								$	13,568

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Schedule of notes and interest receiavble from related parties.

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