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Note B - Mortgage Notes Payable: Schedule of Mortgage Notes Payabe (Tables)
12 Months Ended
Dec. 31, 2012
Tables/Schedules  
Schedule of Mortgage Notes Payabe

 

 

 

 

 

 

 

Property

Principal Balance December 31, 2012

Principal Balance December 31, 2011

Monthly Payment Including Interest

Stated Interest Rate (1)

Maturity Date

Principal Balance Due at Maturity

 

(in thousands)

(in thousands)

 

 

(in thousands)

Lakeside at Vinings Mountain 1st mortgage

$14,677

$14,883

    $  85

5.53%

06/01/21

$12,405

The Peak at Vinings Mountain 1st mortgage

 15,506

 15,724

       90

5.54%

06/01/21

13,109

 

$30,183

$30,607

$  175

 

 

$25,514