NOTES AND INTEREST RECEIVABLE (Tables)

9 Months Ended

Sep. 30, 2016

Receivables [Abstract]

Schedule of notes receivable

A majority of the notes receivable provide for principal to be paid at maturity. Below is a summary of our notes receivable as of September 30, 2016 (dollars in thousands):

	Maturity	Interest
Borrower	Date	Rate	Amount		Security
Performing loans:
H198, LLC (Las Vegas Land)	01/20	12.00%		5,907	Unsecured
Oulan-Chikh Family Trust	03/21	8.00%		174	Secured
Unified Housing Foundation, Inc. (Echo Station) (1)	12/32	12.00%		1,481	Secured
Unified Housing Foundation, Inc. (Lakeshore Villas) (1)	12/32	12.00%		2,000	Secured
Unified Housing Foundation, Inc. (Lakeshore Villas) (1)	12/32	12.00%		6,368	Secured
Unified Housing Foundation, Inc. (Limestone Canyon) (1)	12/32	12.00%		4,640	Secured
Unified Housing Foundation, Inc. (Limestone Canyon) (1)	12/32	12.00%		2,653	Secured
Unified Housing Foundation, Inc. (Limestone Ranch) (1)	12/32	12.00%		6,000	Secured
Unified Housing Foundation, Inc. (Limestone Ranch) (1)	12/32	12.00%		1,953	Secured
Unified Housing Foundation, Inc. (Parkside Crossing) (1)	12/32	12.00%		1,936	Secured
Unified Housing Foundation, Inc. (Sendero Ridge) (1)	12/32	12.00%		4,812	Secured
Unified Housing Foundation, Inc. (Sendero Ridge) (1)	12/32	12.00%		4,491	Secured
Unified Housing Foundation, Inc. (Timbers of Terrell) (1)	12/32	12.00%		1,323	Secured
Unified Housing Foundation, Inc. (Tivoli) (1)	12/32	12.00%		7,965	Secured
Unified Housing Foundation, Inc. (1)	12/17	12.00%		1,207	Unsecured
Unified Housing Foundation, Inc. (1)	12/18	12.00%		3,994	Unsecured
Unified Housing Foundation, Inc. (1)	12/18	12.00%		6,407	Unsecured
Unified Housing Foundation, Inc. (1)	06/19	12.00%		5,400	Unsecured
Other related party notes (1)	Various	Various		1,404	Various unsecured interests
Other non-related party notes	Various	Various		796	Various secured interests
Other non-related party notes	Various	Various		283	Various unsecured interests
Accrued interest				3,335
Total Performing			$	74,529
Allowance for estimated losses				(1,825)
Total			$	72,704

(1) Related Party notes