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LOANS AND MORTGAGES PAYABLE (Tables)
 12 Months Ended
Dec. 31, 2021
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):

 

Year Ended December 31,     
2022  $46,945 
2023   -0- 
2024   -0- 
2025   -0- 
2026   -0- 
Thereafter   -0- 
      
Total Loans Payable   46,945 
Unamortized Debt Issuance Costs   (188)
Total Loans Payable, net of
Unamortized Debt Issuance Costs		  $46,757 
SUMMARY OF MORTGAGES PAYABLE

The following is a summary of mortgages payable at December 31, 2021 and 2020 (in thousands):

 

   At December 31, 2021  Balance at December 31, 
Property  Due Date  Interest Rate   2021   2020 
                
Allentown  10/01/25   4.06%  $12,295   $12,587 
Brookview Village  04/01/25   3.92%   2,539    2,603 
Candlewick Court  09/01/25   4.10%   4,104    4,201 
Catalina  08/19/25   3.00%   4,586    4,853 
Cedarcrest Village  04/01/25   3.71%   10,956    11,238 
Clinton Mobile Home Resort  10/01/25   4.06%   3,227    3,303 
Cranberry Village  04/01/25   3.92%   6,965    7,139 
D & R Village  03/01/25   3.85%   7,013    7,191 
Fairview Manor  11/01/26   3.85%   14,739    15,076 
Forest Park Village  09/01/25   4.10%   7,652    7,833 
Friendly Village  05/06/23   4.618%   6,650    6,906 
Hayden Heights  04/01/25   3.92%   1,914    1,962 
Highland Estates  06/01/27   4.12%   15,419    15,744 
Holiday Village  09/01/25   4.10%   7,282    7,454 
Holiday Village- IN  11/01/25   3.96%   7,811    7,998 
Holly Acres Estates  09/01/31   3.21%   6,031    2,077 
Kinnebrook Village  04/01/25   3.92%   3,700    3,792 
Lake Erie Estates  07/06/25   5.16%   2,604    2,657 
Lake Sherman Village  09/01/25   4.10%   5,060    5,180 
Meadows of Perrysburg  10/06/23   5.413%   2,825    2,888 
Northtowne Meadows  09/06/26   4.45%   11,576    11,818 
Olmsted Falls  04/01/25   3.98%   1,915    1,962 
Oxford Village  07/01/29   3.41%   14,985    15,301 
Perrysburg Estates  09/06/25   4.98%   1,526    1,558 
Pikewood Manor  11/29/28   5.00%   13,766    14,103 
Shady Hills  04/01/25   3.92%   4,563    4,677 
Springfield Meadows  10/06/25   4.83%   2,914    2,975 
Suburban Estates  10/01/25   4.06%   5,126    5,248 
Sunny Acres  10/01/25   4.06%   5,706    5,842 
Trailmont  04/01/25   3.92%   3,042    3,118 
Twin Oaks  10/01/29   3.37%   5,809    5,930 
Valley Hills  06/01/26   4.32%   3,152    3,220 
Waterfalls  06/01/26   4.38%   4,293    4,386 
Weatherly Estates  04/01/25   3.92%   7,422    7,607 
Wellington Estates  01/01/23   6.35%   2,205    2,263 
Woods Edge  01/07/26   3.25%   5,627    5,940 
Worthington Arms  09/01/25   4.10%   8,580    8,783 
Various (2 properties)  02/01/27   4.56%   13,073    13,335 
Various (2 properties)  08/01/28   4.27%   12,661    12,902 
Various (2 properties)  07/01/29   3.41%   21,907    22,368 
Various (4 properties)  07/01/23   4.975%   7,418    7,596 
Various (5 properties)  01/01/22   4.25%   -0-    12,694 
Various (5 properties)  12/06/22   4.75%   6,523    6,692 
Various (6 properties)  08/01/27   4.18%   12,320    12,581 
Various (13 properties)  03/01/23   4.065%   44,339    45,588 
Various (28 properties)  09/01/30   2.62%   102,882    105,221 
                   
Total Mortgages Payable           456,702    476,390 
Unamortized Debt Issuance Costs           (4,135)   (4,913)
Total Mortgages Payable, net of
Unamortized Debt Issuance Costs		  
 		  
 		  
 		  
 		  
 		  
 		  
 		  
$		  
452,567		  
 		  
 		  
$		  
471,477		  
 
SCHEDULE OF AGGREGATE PRINCIPAL PAYMENTS OF ALL MORTGAGES PAYABLE

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

 

Year Ended December 31,    
2022  $17,870 
2023   71,368 
2024   10,182 
2025   138,969 
2026   35,863 
Thereafter   182,450 
      
Total  $456,702