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Schedule IV - Mortgage Loans on Real Estate
 12 Months Ended
Dec. 31, 2016
Mortgage Loans on Real Estate [Abstract]  
Schedule IV - Mortgage Loans on Real Estate [Text Block]
Camden Property Trust
Mortgage Loans on Real Estate
As of December 31, 2016
Schedule IV
 
 
 
 
 
 
 
 
 
 
 
($ in thousands)

Description
 
Interest Rate
 
Final Maturity Date
 
Periodic payment terms
 
Face amount of
mortgages
 
Carry amount of
mortgages (a)
Parking Garage
     Developer advances
          Houston, TX
 
(b)
 
(c)
 
(d)
 
$
18,000

 
$
17,224



(a)
The aggregate cost at December 31, 2016 for federal income tax purposes was approximately $17,224.
(b)
This loan currently bears interest at 4% and will increase to 7% on any unpaid principal balance on the later of January 1, 2018 or January 1 of the year following completion of our planned apartment project at an adjacent location.
(c)
This loan matures on October 1 in the 13th year following the year of completion of the parking garage.
(d)
Periodic payments are currently interest only, and will consist of interest and principal payments following the year of completion of the parking garage through maturity.
Changes in mortgage loans for the years ended December 31 are summarized below:

 
2016
 
2015
 
2014
Balance, beginning of period
$
13,161

 
$
3,395

 
$
3,395

Additions:
 
 
 
 
 
Advances under real estate loans
7,458

 
9,766

 
—

Deductions:
 
 
 
 
 
Collections of principal and loan payoff
(3,395
)
 
—

 
—

Balance, end of period
$
17,224

 
$
13,161

 
$
3,395