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Notes Receivable Backed by Real Estate
12 Months Ended
Dec. 31, 2016
Receivables [Abstract]  
Notes Receivable Backed by Real Estate

NOTE 7. NOTES RECEIVABLE BACKED BY REAL ESTATE

 

The following table summarizes information about our notes receivable backed by real estate (dollars in thousands):

 

 

 

Balance Outstanding

 

 

Interest Rates

 

Maturity Dates

Balance at January 1, 2016

 

$

235,050

 

 

2.0% – 10.0%

 

February 2016 – April 2017

Additions

 

 

-

 

 

 

 

 

Repayments

 

 

(202,950

)

 

 

 

 

Balance at December 31, 2016

 

$

32,100

 

 

5.8% – 10.0%

 

April 2017 – December 2017