XML 21 R12.htm IDEA: XBRL DOCUMENT v3.24.3
NOTE RECEIVABLE
9 Months Ended
Sep. 30, 2024
Receivables [Abstract]  
NOTE RECEIVABLE

NOTE F:  NOTE RECEIVABLE

 

The Company has a Note Receivable from American Realty Investors, Inc. (a related party) in the amount of $3,542,000 at September 30, 2024. The note bears interest at the Secured Overnight Financing Rate (“SOFR”) at the end of each calendar quarter (5.33% at September 30, 2024) and is due at September 30, 2027.