NOTES AND INTEREST PAYABLE (Tables)

6 Months Ended

Jun. 30, 2018

Debt Disclosure [Abstract]

Schedule of notes and interest payable

Below is a summary of our notes and interest payable as of June 30, 2018 (dollars in thousands): 

	Notes Payable			Accrued Interest			Total Debt
Apartments	$	568,449		$	1,585		$	570,034
Apartments under Construction		118,665			31			118,696
Commercial		125,807			616			126,423
Land		15,855			191			16,046
Real estate subject to sales contract		376			—			376
Mezzanine financing		93,422			509			93,931
Other		8,487			(593	)		7,894
Total	$	931,061		$	2,339		$	933,400
Unamortized deferred borrowing costs		(17,841	)		—			(17,841	)
	$	913,220		$	2,339		$	915,559