NOTES AND INTEREST RECEIVABLE (Tables)

12 Months Ended

Dec. 31, 2018

Receivables [Abstract]

Schedule of notes receivable

A majority of the notes receivable provide for principal to be paid at maturity (dollars in thousands).

	Maturity		Interest
Borrower	Date		Rate			Amount			Security
Performing loans:
H198, LLC (Las Vegas Land)		01/20		12.00	%		5,907		Secured
H198, LLC (Legacy at Pleasant Grove Land)		10/19		12.00	%		496		Secured
Oulan-Chikh Family Trust		03/21		8.00	%		174		Secured
H198, LLC (McKinney Ranch Land)		09/20		6.00	%		4,554		Secured
Forest Pines		09/19		5.00	%		2,223		Secured
Spyglass Apartments of Ennis, LP		11/19		5.00	%		5,083		Secured
Bellwether Ridge		05/20		5.00	%		3,429		Secured
Parc at Windmill Farms		05/20		5.00	%		6,066		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	%		6,369		Secured
Unified Housing Foundation, Inc. (Limestone Ranch) (1)		12/32		12.00	%		1,953		Secured
Unified Housing Foundation, Inc. (Limestone Ranch) (1)		12/32		12.00	%		2,000		Secured
Unified Housing Foundation, Inc. (Limestone Ranch) (1)		12/32		12.00	%		4,000		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	%		6,140		Secured
Unified Housing Foundation, Inc. (1)		12/19		12.00	%		10,401		Unsecured
Unified Housing Foundation, Inc. (1)		06/20		12.00	%		11,075		Unsecured
Other related party notes		Various		Various			2,290		Various secured interests
Other non-related party notes		Various		Various			1,631		Various secured interests
Accrued interest							6,771
Total Performing						$	85,366
Allowance for estimated losses							(1,825	)
Total						$	83,541

⁽¹⁾  Related party notes

⁽²⁾  An allowance was taken for estimated losses at full value of note.