NOTES AND INTEREST RECEIVABLE (Tables)

6 Months Ended

Jun. 30, 2020

Receivables [Abstract]

Schedule of notes receivable

Below is a summary of our notes receivable as of June 30, 2020 (dollars in thousands):

	Maturity	Interest
Borrower	Date	Rate			Amount			Security
Performing loans:
Prospectus Endeavors 4, LLC	01/23		12.00	%		5,907		Secured
Prospectus Endeavors 6, LLC	10/22		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 Phase I	11/20		5.00	%		2,869		Secured
Spyglass Apartments of Ennis, LP	11/20		5.00	%		5,336		Secured
Bellwether Ridge	11/20		5.00	%		3,855		Secured
Parc at Windmill Farms	11/20		5.00	%		7,929		Secured
Autumn Breeze	10/21		5.00	%		1,638		Secured
Plum Tree	10/21		5.00	%		658		Secured
Parc at Ingleside	12/21		5.00	%		2,181		Secured
RNC Revolving Line of Credit	09/24		5.00	%		8,853		Secured
Steeple Crest	10/20		5.00	%		6,665		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. (1)	12/21		12.00	%		10,401		Unsecured
Unified Housing Foundation, Inc. (1)	03/21		12.00	%		5,314		Unsecured
Unified Housing Foundation, Inc. (1)	03/22		12.00	%		4,782		Unsecured
Unified Housing Foundation, Inc. (Lakeshore Villas) (1)	07/21		12.00	%		838		Secured
Unified Housing Foundation, Inc. (Limestone Ranch) (1)	07/21		12.00	%		773		Secured
Unified Housing Foundation, Inc. (Marquis at Vista Ridge) (1)	07/21		12.00	%		839		Secured
Unified Housing Foundation, Inc. (Timbers at the Park) (1)	07/21		12.00	%		432		Secured
Unified Housing Foundation, Inc. (Bella Vista) (1)	08/21		12.00	%		212		Secured
Unified Housing Foundation, Inc. (1)	03/23		12.00	%		61		Unsecured
Unified Housing Foundation, Inc. (1)	03/23		12.00	%		1,482		Unsecured
Unified Housing Foundation, Inc. (1)	03/23		12.00	%		4,792		Unsecured
Unified Housing Foundation, Inc. (1)	03/23		12.00	%		716		Unsecured
Unified Housing Foundation, Inc. (1)	03/23		12.00	%		317		Unsecured
Unified Housing Foundation, Inc. (1)	05/23		12.00	%		3,615		Unsecured
Unified Housing Foundation, Inc. (1)	10/21		12.00	%		6,831		Unsecured
Other related party notes	Various		Various			4,078		Various secured interests
Other non-related party notes	Various		Various			11,724		Various secured interests
Accrued interest						10,041
Total Performing					$	137,489
Allowance for estimated losses						(1,825	)
Total					$	135,664

(1)  Related party notes