Mortgage Loans On Real Estate

12 Months Ended

Dec. 31, 2020

SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Abstract]

Mortgage Loans On Real Estate

MORTGAGE LOANS ON REAL ESTATE

DECEMBER 31, 2020

(Amounts in thousands)

				Final	Periodic	Face		Carrying
		Interest		Maturity	Payment	Amount of		Amount of
	State	Rate		Date	Terms	Mortgages		Mortgages (1)
Shopping Centers:
First Mortgages:
College Park Realty Company	NV	7.00	%	10/31/2053	At Maturity	$	3,410	$	3,410
West Jordan Retail Associate, LLC	UT	4.00	%	08/01/2021	At Maturity		9,930		9,930
Galleria 1848 LLC	NC	5.00	%	12/31/2021	At Maturity		10,000		10,000
Total Mortgage Loans on Real Estate						$	23,340	$	23,340

(1) The aggregate cost at December 31, 2020 for federal income tax purposes is $23.3 million, and there are no prior liens to be disclosed. These are interest only mortgage loans. For the year ended December 31, 2020, two mortgage loans were issued in association with the disposition of two properties. There have been no changes in carrying amount of mortgages for each year ended December 31, 2019 and 2018.