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SCHEDULE IV MORTGAGE LOANS RECEIVABLE
 12 Months Ended
Dec. 31, 2020
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Abstract]  
SCHEDULE IV MORTGAGE LOANS RECEIVABLE

Schedule IV

 

INCOME OPPORTUNITY REALTY INVESTORS, INC. 

Mortgage Loans Receivable 

December 31, 2020 

 

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 Temple, LLC)     12.00 %     12 /32   Excess cash flow     8,926       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     27,037       8,836       6,369       —  
Interest in Unified Housing Foundation Inc.                                                    
Unified Housing Foundation, Inc. (Limestone Ranch/UH of Vista Ridge, LLC)     12.00 %     12 /32   Excess cash flow     24,866       2,427       1,953       —  
100% Interest in UH of Vista Ridge, LLC                                                    
Unified Housing Foundation, Inc. (Timbers at the Park/UH of Terrell, LLC)     12.00 %     12 /32   Excess cash flow     13,900       1,702       1,323       —  
100% Interest in UH of Terrell, LLC                                                    
Unified Housing Foundation, Inc. (Lakeshore Villas/HFS of Humble, LLC) (68.5% of cash flow)     12.00 %     12 /32   Excess cash flow     27,037       2,189       2,000       —  
                                        $ 13,126          
                              Interest receivable       804          
                                        $ 13,930          

  

 

INCOME OPPORTUNITY REALTY INVESTORS, INC. 

Mortgage Loan Receivables  

For the Years Ended December 31,

 

    2020     2019     2018  
      (dollars in thousands)  
Balance at January 1,   $ 14,030     $ 14,030     $ 14,030  
Additions                        
Increase of interest receivable on mortgage loans     —       —       —  
Deductions                        
Amounts received                   (100)       —       —  
Balance at December 31,   $ 13,930     $ 14,030     $ 14,030