NOTES AND INTEREST PAYABLE (Tables)

12 Months Ended

Dec. 31, 2018

Debt Disclosure [Abstract]

Schedule of notes and interest payable

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

	Notes Payable			Accrued Interest		Total Debt
Apartments	$	94,759		$	270	$	95,029
Apartments under Construction		14,402			—		14,402
Commercial		135,951			450		136,401
Land		22,200			124		22,324
Real estate held for sale		376			—		376
Other		18,130			—		18,130
Total	$	285,818		$	844	$	286,662
Unamortized deferred borrowing costs		(9,425	)		—		(9,425	)
	$	276,393		$	844	$	277,237

Schedule of principal payments on the notes payable

The following table summarizes our contractual obligations for principal payments as of December 31, 2018 (dollars in thousands): 

Year	Amount
2019	$	38,107
2020		8,822
2021		43,202
2022		43,304
2023		37,260
Thereafter		115,123
Total	$	285,818