MORTGAGE LOANS AND NOTES PAYABLE (Tables) - Mortgages

6 Months Ended

Jun. 30, 2019

Summary of debt

	Carrying Value as of:
	June 30,		December 31,		Effective		Maturity
Mortgage Loans and Notes Payable	2019		2018		Interest Rate		Date
	(in thousands)
YSI 33 (1)	$	9,038	$	9,214	6.42	%	Jul-19
YSI 26		7,914		8,022	4.56	%	Nov-20
YSI 57		2,778		2,816	4.61	%	Nov-20
YSI 55		21,796		22,041	4.85	%	Jun-21
YSI 24		24,472		24,893	4.64	%	Jun-21
YSI 65		2,339		2,363	3.85	%	Jun-23
YSI 66		30,881		31,171	3.51	%	Jun-23
YSI 68		5,543		5,626	3.78	%	May-24
Principal balance outstanding		104,761		106,146
Plus: Unamortized fair value adjustment		2,191		2,551
Less: Loan procurement costs, net		(356)		(451)
Total mortgage loans and notes payable, net	$	106,596	$	108,246
(1) YSI 33 was repaid in full on July 1, 2019.

Schedule of the future principal payment requirements on the outstanding mortgage loans and notes payable

The following table represents the future principal payment requirements on the outstanding mortgage loans and notes payable as of June 30, 2019 (in thousands):

2019	$	10,267
2020		12,791
2021		45,057
2022		923
2023		31,019
2024 and thereafter		4,704
Total mortgage payments		104,761
Plus: Unamortized fair value adjustment		2,191
Less: Loan procurement costs, net		(356)
Total mortgage loans and notes payable, net	$	106,596