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Credit Facilities (Tables)
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Summary of Notes Payable

Notes payable consisted of the following:

 

     December 31,
2016
     December 31,
2015
 

Construction revolvers

   $ 6,429      $ 5,832  

Development and acquisition notes

     16,278        13,833  

Mezzanine notes

     1,424        1,367  

Line of credit

     2,929        3,791  
  

 

 

    

 

 

 

Total secured notes

     27,060        24,823  

Deferred financing charges, net of amortization

     (133      (131
  

 

 

    

 

 

 

Net secured notes

     26,927        24,692  

Unsecured financing, net of unamortized deferred financing charges of $121 and $187

     911        1,361  

Notes payable to affiliates, unsecured, net of $ 2.1 million and $ 2.3 million discount and unamortized deferred financing charges

     15,866        19,028  
  

 

 

    

 

 

 

Total notes payable

   $ 43,704      $ 45,081  
  

 

 

    

 

 

 
Maturities of All Borrowings

As of December 31, 2016, maturities of all of our borrowings are as follows:

 

2017

   $ 37,434  

2018

     6,270  
  

 

 

 

Total

   $ 43,704