7. Debt: Schedule of Mortgage Loan Debt (Tables)

9 Months Ended

Sep. 30, 2015

Tables/Schedules

Schedule of Mortgage Loan Debt

		Principal Outstanding at
Property	Face Amount	September 30, 2015	December 31, 2014	Stated Interest Rate	Maturity Date
Middle Georgia   Nursing Home	$ 4,200,000	$ 3,841,325	$ 3,872,112	6.25% Fixed	October 4, 2018 (1)
Goodwill Nursing Home	4,976,316	4,617,008	4,735,516	5.50% Fixed	December 28, 2015
Warrenton Nursing Home	2,720,000	2,591,256	2,639,469	5.00% Fixed	December 20, 2018
Edwards Redeemer   Health & Rehab	2,303,815	2,259,106	-	5.50% Fixed	January 16, 2020
Edwards Redeemer   Health & Rehab	1,501,500	-	1,361,728	4.25% Fixed	Repaid on January 16, 2015
Southern Hills   Retirement Center	1,750,000	988,219	1,052,005	4.75% Fixed	November 10, 2017
Providence of Sparta   Nursing Home	1,725,000	1,694,457	1,717,330	Prime Plus 0.50%/6.00% Floor	September 17, 2016
Providence of Greene   Point Healthcare Center	1,725,000	1,699,557	1,722,423	Prime Plus 0.50%/6.00% Floor	November 5, 2016
Golden Years Manor   Nursing Home	5,000,000	4,698,456	4,776,907	Prime Plus 1.50%/5.75% Floor	August 3, 2037
		$ 22,389,384	$ 21,877,490