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SCHEDULE IV MORTGAGE LOANS
 12 Months Ended
Dec. 31, 2016
Mortgage Loans on Real Estate [Abstract]  
MORTGAGE LOANS

SCHEDULE IV

 

TRANSCONTINENTAL REALTY INVESTORS, INC.

MORTGAGE LOANS

December 31, 2016

 

Description   Interest Rate   Final Maturity Date   Periodic Payment Terms   Prior Liens   Face Amount of
Mortgate		    Carrying Amount of Mortgage   Principal Amounts of Loans Subject To Delinquent Principal or Interest
                    (dollars in thousands)    
H198, LLC   12.00%   01/20        —    5,907    5,907    —
Las Vegas Land                            
Oulan-Chikh Family Trust   8.00%   3/21   Excess cash flow    —    174    174    —
Unified Housing Foundation, Inc. (Echo Station)   12.00%   12/32   Excess cash flow    9,719    1,809    1,481    —
100% Interest in UH of Temple, LLC                            
Unified Housing Foundation, Inc. (Lakeshore Villas/HFS of Humble,LLC) (31.5% of cash flow)   12.00%   12/32   Excess cash flow    15,756    8,836    6,368    —
Interest in Unified Housing Foundation Inc.                            
Unified Housing Foundation, Inc. (Limestone Canyon)   12.00%   12/32   Excess cash flow    13,621    9,216    7,293    —
100% Interest in UH of Austin, LLC                            
Unified Housing Foundation, Inc. (Limestone Ranch)   12.00%   12/32   Excess cash flow    18,641    12,335    7,953    —
100% Interest in UH of Vista Ridge, LLC                            
Unified Housing Foundation, Inc. (Parkside Crossing)   12.00%   12/32   Excess cash flow    11,544    2,409    1,936    —
100% Interest in UH of Parkside Crossing, LLC                            
Unified Housing Foundation, Inc. (Sendero Ridge)   12.00%   12/32   Excess cash flow    22,984    12,663    9,303    —
100% Interest in UH of Sendero Ridge, LLC                            
Unified Housing Foundation, Inc. (Timbers of Terrell)   12.00%   12/32   Excess cash flow    7,294    1,702    1,323    —
100% Interest in UH of Terrell, LLC                            
Unified Housing Foundation, Inc. (Tivoli)   12.00%   12/32   Excess cash flow    10,398    12,761    7,966    —
100% Interest in UH of Tivoli, LLC                            
Various non-related party notes   various   various        —    496    796    —
Unified Housing Foundation, Inc. (Lakeshore Villas/HFS of Humble,LLC) (68.5% of cash flow)   12.00%   12/32   Excess cash flow    15,756    2,189    2,000    —
Unified Housing Foundation, Inc (2016 Advisory Fee)   12.00%   06/19   Excess cash flow    —    1,261    5,400    —
Unified Housing Foundation, Inc.   12.00%   12/17   Excess cash flow    —    1,207    1,207    —
Unified Housing Foundation, Inc.   12.00%   12/18   Excess cash flow    —    3,994    3,994    —
Unified Housing Foundation, Inc.   12.00%   12/18   Excess cash flow    —    6,407    6,407    —
Various related party notes   various   various   Excess cash flow    —    1,420    1,404    —
Various non-related party notes   various   various        —    4,742    4,742    —
                         $     75,654    
                     Accrued interest    5,479    
                 Allowance for estimated losses    (1,825 )  
                         $      79,308    

 

SCHEDULE IV

(Continued)

 

TRANSCONTINENTAL REALTY INVESTORS, INC.

MORTGAGE LOANS

As of December 31,

 

    2016     2015     2014  
    (dollars in thousands)  
                   
Balance at January 1,   $ 71,376     $ 85,447     $ 70,169  
Additions                        
New mortgage loans     11,703       18,055       32,380  
Funding of existing loans     —       —       —  
Increase (decrease) of interest receivable on mortgage loans     9,878       6,994       (7,650 )
Deductions                        
Amounts received     (11,824 )     (12,475 )     (9,180 )
Non-cash reduction     —       (26,645 )     (272 )
Cost of mortgages sold     —       —       —  
Balance at December 31,   $ 81,133     $ 71,376     $ 85,447