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Credit Facilities (Tables)
3 Months Ended
Mar. 31, 2017
Debt Disclosure [Abstract]  
Summary of Notes Payable

Notes payable consisted of the following:

 

     March 31,      December 31,  
     2017      2016  

Construction revolvers

   $ 5,601      $ 6,429  

Development and acquisition notes

     16,862        16,278  

Mezzanine notes

     1,439        1,424  

Line of credit

     2,929        2,929  
  

 

 

    

 

 

 

Total secured notes

     26,831        27,060  

Deferred financing charges, net of amortization

     (166      (133
  

 

 

    

 

 

 

Net secured notes

     26,665        26,927  

Unsecured financing, net of unamortized deferred financing charges of $105 and $121

     959        911  

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

     15,944        15,866  
  

 

 

    

 

 

 

Total notes payable

   $ 43,568      $ 43,704  
  

 

 

    

 

 

 
Maturities and/or Curtailment Obligations of All Borrowings

As of March 31, 2017, maturities and/or curtailment obligations of all borrowings are as follows:

 

2017

   $ 35,258  

2018

     6,198  

2019

     1,997  

2020

     115  
  

 

 

 

Total

   $ 43,568