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

12 Months Ended

Dec. 31, 2015

Tables/Schedules

Schedule of Mortgage Loan Debt

		Principal Outstanding at		Stated
	Face	December 31,		Interest	Maturity
Property	Amount	2015	2014	Rate	Date
Middle Georgia  Nursing Home(1)	$ 4,200,000	$ 3,849,678	$ 3,872,112	5.50% Fixed	October 4, 2018
Goodwill Nursing Home(1)	4,976,316	4,577,047	4,735,516	5.50% Fixed	July 10, 2016(2)
Warrenton Nursing Home	2,720,000	2,562,765	2,639,469	5.00% Fixed	December 20, 2018
Edwards Redeemer   Health & Rehab	1,501,500	-	1,361,728	4.25% Fixed	Repaid on December 20, 2015
Edward Redeemer   Health & Rehab	2,303,815	2,249,772	-	5.50% Fixed	January 16, 2020
Southern Hills   Retirement Center	1,750,000	1,222,159	1,052,005	4.75% Fixed	November 10, 2017
Providence of Sparta   Nursing Home	1,725,000	1,686,506	1,717,330	Prime Plus 0.50%/ 6.00% Floor	September 17, 2016
Providence of Greene   Point Healthcare Center	1,725,000	1,692,000	1,722,423	Prime Plus 0.50%/ 6.00% Floor	November 5, 2016
Golden Years Manor   Nursing Home	5,000,000	4,671,537	4,776,907	Prime Plus 1.50%/ 5.75% Floor	August 3, 2037
		$ 22,511,464	$ 21,877,490

(1)    Mortgage loans are non-recourse to the Company.

(2)    Effective January 14, 2016, the maturity date was extended from December 28, 2015 to July 10, 2016.