Quarterly report pursuant to Section 13 or 15(d)

MORTGAGES AND NOTES PAYABLE (Tables)

v3.23.1
MORTGAGES AND NOTES PAYABLE (Tables)
 3 Months Ended
Mar. 31, 2023
Debt Disclosure [Abstract]  
Schedule of mortgage balances, including accrued interest
The Company’s mortgage balances at March 31, 2023 and December 31, 2022 were comprised of the following (in thousands):
March 31,
2023		 December 31,
2022
Bank of New England – New Bedford, MA and Middleboro, MA properties $ 12,038  $ 12,141 
Bank of New England – Wilmington, DE property 1,313  1,345 
DuQuoin State Bank – Anna, IL and Harrisburg, IL properties 741  750 
DuQuoin State Bank – Metropolis, IL property 2,474  2,508 
Du Quoin State Bank - Mt. Vernon, IL property 2,957  2,974 
South Porte Bank – Mt. Vernon, IL property 784  801 
Total mortgages payable 20,307  20,519 
Less: Mortgages payable, current (1,483) (1,491)
Mortgages payable, less current portion $ 18,824  $ 19,028 
Schedule of principal amounts due
The future principal amounts due under the Company outstanding mortgages and notes payable at March 31, 2023 were as follows (in thousands):

Year ending December 31,
Remainder of 2023 $ 1,426 
2024 3,047 
2025 3,810 
2026 3,578 
2027 2,677 
Thereafter 17,984 
32,522 
Less: discount (3,139)
$ 29,383