SCHEDULE IV - MORTGAGE LOANS

12 Months Ended

Dec. 31, 2023

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, 2023

Description	Interest Rate	Maturity Date	Periodic Payment Terms	Prior Liens		Face Amount		Carrying Value
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
Autumn Breeze	5.00%	7/1/2025	No payments until maturity or conversion	24,181		2,157		2,157
Bellwether Ridge	5.00%	11/1/2026	No payments until maturity or conversion	17,607		3,798		3,798
Cascades at Spring Street	5.38%	6/30/2027	Payments from excess property cash flows	407		180		180
Dominion at Mercer Crossing	9.50%	6/7/2028	No payments until maturity	38,564		6,354		6,354
Forest Pines	5.00%	5/1/2024	No payments until maturity or conversion	25,701		6,472		6,472
Inwood on the Park	5.38%	6/30/2028	Payments from excess property cash flows	25,477		20,325		20,325
Kensington Park	5.38%	3/31/2027	Payments from excess property cash flows	15,364		10,262		10,262
Lake Shore Villas	5.38%	12/31/2032	Payments from excess property cash flows	25,615		6,000		6,000
Legacy Pleasant Grove	12.00%	10/23/2024	No payments until maturity	—		496		496
McKinney Ranch	6.00%	9/15/2024	No payments until maturity	—		3,926		3,926
Ocean Estates II	5.38%	5/31/2028	Payments from excess property cash flows	1,700		3,615		3,615
One Realco Land Holding, Inc.	9.50%	6/30/2026	No payments until maturity	—		1,728		1,728
Parc at Ingleside	5.00%	11/1/2026	No payments until maturity or conversion	24,513		3,759		3,759
Parc at Opelika Phase II	10.00%	1/13/2023	No payments until maturity or conversion	22,680		3,190		3,190
Parc at Windmill Farms	5.00%	11/1/2022	No payments until maturity or conversion	34,683		7,886		7,886
Phillips Foundation for Better Living, Inc.	12.00%	3/31/2024	Payments from excess property cash flows	—		182		182
Plaza at Chase Oaks	5.38%	3/31/2028	Payments from excess property cash flows	9,131		11,772		11,772
Plum Tree	5.00%	4/26/2026	No payments until maturity or conversion	17,318		1,767		1,767
Polk County Land	9.50%	6/30/2026	No payments until maturity	—		3,000		3,000
Riverview on the Park Land, LLC	9.50%	6/30/2026	No payments until maturity	—		1,045		1,045
Spartan Land	6.00%	1/16/2025	No payments until maturity	—		5,907		5,907
Spyglass of Ennis	5.00%	11/1/2024	No payments until maturity or conversion	22,214		5,179		5,179
Steeple Crest	5.00%	8/1/2026	No payments until maturity or conversion	11,057		6,498		6,498
Timbers at The Park	5.38%	12/31/2032	Payments from excess property cash flows	13,156		11,173		11,173
Tuscany Villas	5.38%	4/30/2027	Payments from excess property cash flows	1,497		1,548		1,548
				$	330,865	$	133,837	$	133,837

SCHEDULE IV - MORTGAGE LOANS

As of December 31,

	2023		2022		2021
Balance at January 1,	$	129,304	$	129,726	$	123,556
Additions	6,500		1,229		18,844
Deductions	(1,967)		(1,651)		(12,674)
Balance at December 31,	$	133,837	$	129,304	$	129,726