LOANS AND MORTGAGES PAYABLE (Tables)

12 Months Ended

Dec. 31, 2022

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,
2023	$	79,226
2024		0
2025		0
2026		75,000
2027		0
Thereafter		0
Total Loans Payable		154,226
Unamortized Debt Issuance Costs		(695	)
Total Loans Payable, net of Unamortized Debt Issuance Costs	$	153,531

SCHEDULE OF MORTGAGES PAYABLE

The following is a summary of mortgages payable at December 31, 2022 and 2021 (in thousands):

	At December 31, 2022				Balance at December 31,
Property	Due Date	Interest Rate			2022			2021
Allentown	10/01/25		4.06	%	$	11,992		$	12,295
Brookview Village	04/01/25		3.92	%		2,473			2,539
Candlewick Court	09/01/25		4.10	%		4,002			4,104
Catalina	08/19/25		3.00	%		4,311			4,586
Cedarcrest Village	04/01/25		3.71	%		10,662			10,956
Clinton Mobile Home Resort	10/01/25		4.06	%		3,147			3,227
Cranberry Village	04/01/25		3.92	%		6,783			6,965
D & R Village	03/01/25		3.85	%		6,828			7,013
Fairview Manor	11/01/26		3.85	%		14,388			14,739
Fohl Village	11/22/32		5.93	%		9,490			0
Forest Park Village	09/01/25		4.10	%		7,463			7,652
Friendly Village	06/06/23		4.618	%		6,382			6,650
Hayden Heights	04/01/25		3.92	%		1,864			1,914
Highland Estates	06/01/27		4.12	%		15,080			15,419
Holiday Village	09/01/25		4.10	%		7,102			7,282
Holiday Village- IN	11/01/25		3.96	%		7,616			7,811
Holly Acres Estates	09/01/31		3.21	%		5,910			6,031
Kinnebrook Village	04/01/25		3.92	%		3,603			3,700
Lake Erie Estates	07/06/25		5.16	%		2,549			2,604
Lake Sherman Village	09/01/25		4.10	%		4,935			5,060
Meadows of Perrysburg	10/06/23		5.413	%		0			2,825
Northtowne Meadows	09/06/26		4.45	%		11,322			11,576
Oak Tree	12/15/32		5.60	%		12,000			0
Olmsted Falls	04/01/25		3.98	%		1,865			1,915
Oxford Village	07/01/29		3.41	%		14,659			14,985
Perrysburg Estates	09/06/25		4.98	%		1,493			1,526
Pikewood Manor	11/29/28		5.00	%		13,414			13,766
Shady Hills	04/01/25		3.92	%		4,444			4,563
Springfield Meadows	10/06/25		4.83	%		0			2,914
Suburban Estates	10/01/25		4.06	%		5,000			5,126
Sunny Acres	10/01/25		4.06	%		5,566			5,706
Trailmont	04/01/25		3.92	%		2,963			3,042
Twin Oaks	10/01/29		3.37	%		5,683			5,809
Valley Hills	06/01/26		4.32	%		3,080			3,152
Waterfalls	06/01/26		4.38	%		4,197			4,293
Weatherly Estates	04/01/25		3.92	%		7,229			7,422
Wellington Estates	02/01/23		6.35	%		2,144			2,205
Woods Edge	01/07/26		3.25	%		5,306			5,627
Worthington Arms	09/01/25		4.10	%		8,369			8,580
Various (2 properties)	02/01/27		4.56	%		12,799			13,073
Various (2 properties)	08/01/28		4.27	%		12,408			12,661
Various (2 properties)	07/01/29		3.41	%		21,430			21,907
Various (4 properties)	07/01/23		4.975	%		7,230			7,418
Various (4 properties)	10/1/32		5.24	%		34,027			0
Various (5 properties)	12/06/22		4.75	%		0			6,523
Various (6 properties)	08/01/27		4.18	%		12,048			12,320
Various (13 properties)	03/01/23		4.065	%		43,037			44,339
Various (28 properties)*	09/01/30		4.25	%		24,935			0
Various (28 properties)	09/01/30		2.62	%		100,481			102,882
Total Mortgages Payable						513,709			456,702
Unamortized Debt Issuance Costs						(4,771	)		(4,135	)
Total Mortgages Payable, net of Unamortized Debt Issuance Costs					$	508,938		$	452,567

* Rental home addition to the Fannie Mae credit facility consisting of 28 properties.

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,
2023	$	70,323
2024		11,983
2025		138,373
2026		37,967
2027		42,674
Thereafter		212,389
Total	$	513,709