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LOANS AND MORTGAGES PAYABLE (Tables)
 12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
SCHEDULE OF AGGREGATE PRINCIPAL PAYMENTS OF ALL LOANS PAYABLE INCLUDING CREDIT FACILITY

The aggregate principal payments of all loans payable, including the Credit Facility, are scheduled as follows (in thousands):

 

    Dec. 31, 2020 
Year Ended December 31,     
2021   $31,121 
2022    56,228 
2023    4 
2024    0 
2025    0 
Thereafter    0 
       
Total Loans Payable    87,353 
Unamortized Debt Issuance Costs    (344)

Total Loans Payable, net of Unamortized Debt Issuance Costs

   $87,009 
SUMMARY OF MORTGAGES PAYABLE

The following is a summary of mortgages payable at December 31, 2020 and 2019 (in thousands):

   At December 31, 2020  Balance at December 31, 
Property  Due Date  Interest Rate   2020   2019 
                
Allentown  10/01/25   4.06%  $12,587   $12,865 
Brookview Village  04/01/25   3.92%   2,603    2,664 
Candlewick Court  09/01/25   4.10%   4,201    4,294 
Catalina  08/19/25   4.20%   4,853    5,095 
Cedarcrest Village  04/01/25   3.71%   11,238    11,510 
Clinton Mobile Home Resort  10/01/25   4.06%   3,303    3,376 
Cranberry Village  04/01/25   3.92%   7,139    7,305 
D & R Village  03/01/25   3.85%   7,191    7,362 
Fairview Manor  11/01/26   3.85%   15,076    15,399 
Forest Park Village  09/01/25   4.10%   7,833    8,006 
Friendly Village  05/06/23   4.618%   6,906    7,150 
Hayden Heights  04/01/25   3.92%   1,962    2,007 
Highland Estates  06/01/27   4.12%   15,744    16,054 
Holiday Village  09/01/25   4.10%   7,454    7,619 
Holiday Village- IN  11/01/25   3.96%   7,998    8,176 
Holly Acres Estates  10/05/21   6.50%   2,077    2,119 
Kinnebrook Village  04/01/25   3.92%   3,792    3,881 
Lake Erie Estates  07/06/25   5.16%   2,657    -0- 
Lake Sherman Village  09/01/25   4.10%   5,180    5,294 
Meadows of Perrysburg  10/06/23   5.413%   2,888    2,946 
Northtowne Meadows  09/06/26   4.45%   11,818    12,049 
Olmsted Falls  04/01/25   3.98%   1,962    2,007 
Oxford Village  07/01/29   3.41%   15,301    15,604 
Perrysburg Estates  09/06/25   4.98%   1,558    1,587 
Pikewood Manor  11/29/28   5.00%   14,103    14,420 
Shady Hills  04/01/25   3.92%   4,677    4,786 
Springfield Meadows  10/06/25   4.83%   2,975    3,033 
Suburban Estates  10/01/25   4.06%   5,248    5,364 
Sunny Acres  10/01/25   4.06%   5,842    5,971 
Trailmont  04/01/25   3.92%   3,118    3,191 
Twin Oaks  10/01/29   3.37%   5,930    6,047 
Valley Hills  06/01/26   4.32%   3,220    3,285 
Waterfalls  06/01/26   4.38%   4,386    4,474 
Weatherly Estates  04/01/25   3.92%   7,607    7,785 
Wellington Estates  01/01/23   6.35%   2,263    2,316 
Woods Edge  01/07/26   4.30%   5,940    6,214 
Worthington Arms  09/01/25   4.10%   8,783    8,976 
Various (2 properties)  02/01/27   4.56%   13,335    13,583 
Various (2 properties)  08/01/28   4.27%   12,902    13,132 
Various (2 properties)  07/01/29   3.41%   22,368    22,810 
Various (4 properties)  07/01/23   4.975%   7,596    7,765 
Various (5 properties)  01/01/22   4.25%   12,694    13,061 
Various (5 properties)  12/06/22   4.75%   6,692    6,853 
Various (6 properties)  08/01/27   4.18%   12,581    12,829 
Various (13 properties)  03/01/23   4.065%   45,588    46,781 
Various (28 properties)  09/01/30   2.62%   105,221    -0- 
                   
Total Mortgages Payable           476,390    377,045 
Unamortized Debt Issuance Costs           (7,111)   (3,387)
Total Mortgages Payable, net of Unamortized Debt Issuance Costs          $469,279   $373,658 

 
SCHEDULE OF AGGREGATE PRINCIPAL PAYMENTS OF ALL MORTGAGES PAYABLE

The aggregate principal payments of all mortgages payable are scheduled as follows (in thousands):

 

    2020 
Year Ended December 31,     
2021   $25,668 
2022    17,670 
2023    71,169 
2024    9,983 
2025    139,105 
Thereafter    212,795 
       
Total   $476,390