SCHEDULE IV - MORTGAGE LOANS

12 Months Ended

Dec. 31, 2021

SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Abstract]

SCHEDULE IV - MORTGAGE LOANS

SCHEDULE IV - MORTGAGE LOANS

December 31, 2021

Description	Interest Rate	Maturity Date	Periodic Payment Terms	Prior Liens		Face Amount		Carrying Value
Convertible loans
Autumn Breeze	5.00%	7/1/2022	No payments until maturity or conversion	$	24,756	$	2,486	$	2,486
Bellwether Ridge	5.00%	11/1/2026	No payments until maturity or conversion	18,070		3,967		3,967
Forest Pines	5.00%	11/1/2022	No payments until maturity or conversion	26,407		6,472		6,472
Parc at Ingleside	5.00%	11/1/2026	No payments until maturity or conversion	25,201		3,700		3,700
Parc at Opelika	10.00%	1/13/2023	No payments until maturity or conversion	23,661		2,305		2,305
Parc at Windmill Farms	5.00%	11/1/2022	No payments until maturity or conversion	35,524		7,830		7,830
Plum Tree	5.00%	4/26/2026	No payments until maturity or conversion	17,105		1,537		1,537
Spyglass of Ennis	5.00%	11/1/2022	No payments until maturity or conversion	22,793		5,319		5,319
Steeple Crest	5.00%	8/1/2026	No payments until maturity or conversion	11,529		6,498		6,498
				205,046		40,114		40,114
Land loans
ABC Land and Development, Inc.	9.50%	6/30/2026	No payments until maturity	—		4,408		4,408
ABC Paradise, LLC	9.50%	6/30/2026	No payments until maturity	—		1,210		1,210
Lake Wales	9.50%	6/30/2026	No payments until maturity	—		3,000		3,000
Legacy Pleasant Grove	12.00%	10/23/2022	No payments until maturity	—		496		496
McKinney Ranch	6.00%	9/15/2022	No payments until maturity	—		4,554		4,554
One Realco Land Holding, Inc.	9.50%	6/30/2026	No payments until maturity	—		1,728		1,728
Riverview on the Park Land, LLC	9.50%	6/30/2026	No payments until maturity	—		1,045		1,045
Spartan Land	12.00%	1/16/2023	No payments until maturity	—		5,907		5,907
				—		22,348		22,348
Subsidized housing
Phillips Foundation for Better Living, Inc.	12.00%	3/31/2024	Payments from excess property cash flows	—		813		813
Unified Housing Foundation	12.00%	6/30/2023	Payments from excess property cash flows	—		2,881		2,881
Unified Housing Foundation	12.00%	6/30/2023	Payments from excess property cash flows	—		212		212
Unified Housing Foundation	12.00%	6/30/2023	Payments from excess property cash flows	—		6,831		6,831
Unified Housing Foundation	12.00%	6/30/2023	Payments from excess property cash flows	—		10,401		10,401

Description	Interest Rate	Maturity Date	Periodic Payment Terms	Prior Liens		Face Amount		Carrying Value
Unified Housing Foundation	12.00%	3/31/2022	Payments from excess property cash flows	—		10,096		10,096
Unified Housing Foundation	12.00%	3/31/2023	Payments from excess property cash flows	—		6,990		6,990
Unified Housing Foundation	12.00%	5/31/2023	Payments from excess property cash flows	—		3,615		3,615
Unified Housing Foundation	12.00%	12/31/2032	Payments from excess property cash flows	96,929		17,172		17,172
Unified Housing Foundation	12.00%	3/31/2024	Payments from excess property cash flows	—		6,521		6,521
Unified Housing Foundation	12.00%	4/30/2024	Payments from excess property cash flows	—		1,549		1,549
Unified Housing Foundation	12.00%	6/30/2024	Payments from excess property cash flows	—		183		183
				96,929		67,264		67,264
				$	301,975	$	129,726	$	129,726

SCHEDULE IV - MORTGAGE LOANS

As of December 31,

	2021		2020		2019
Balance at January 1,	$	123,556	$	112,357	$	83,541
Additions	18,844		26,535		59,241
Deductions	(12,674)		(15,336)		(30,425)
Balance at December 31,	$	129,726	$	123,556	$	112,357