NOTES AND INTEREST PAYABLE (Tables)

3 Months Ended

Mar. 31, 2018

Debt Disclosure [Abstract]

Schedule of notes and interest payable

Below is a summary of our notes and interest payable as of March 31, 2018 (dollars in thousands):

	Notes Payable			Accrued Interest			Total Debt
Apartments	$	560,147		$	1,585		$	561,732
Apartments under Construction		96,026			113			96,139
Commercial		126,557			628			127,185
Land		16,000			598			16,598
Mezzanine financing		93,423			401			93,824
Other		9,572			(248	)		9,324
Total	$	901,725		$	3,077		$	904,802
Unamortized deferred borrowing costs		(18,248	)		—			(18,248	)
	$	883,477		$	3,077		$	886,554