NOTES RECEIVABLE

12 Months Ended

Dec. 31, 2021

Receivables [Abstract]

NOTES RECEIVABLE

NOTE E – NOTES RECEIVABLE 

Notes Receivable are comprised of the following (in thousands): 

	Interest
	Rate		2021		2020
American Realty Investors, Inc. (a related party) receivable upon maturity in September 2022	6	%	$	3,560	$	3,631
Third Party receivable payable monthly and  matures in July 2025	6	%		—		205
				3,560		3,836
less: current portion of notes receivable				3,560		3,683
Notes Receivable			$	0	$	153

The Company held a note receivable from a non related party. The original note was $415,000 payable in 120 monthly payments at 6% interest. The Note was paid off in 2021. A note receivable from a related party which was previously written off was sold to an unrelated party for $100,000.