Quarterly report pursuant to Section 13 or 15(d)

Mortgages Receivable (Tables)

v3.22.2.2
Mortgages Receivable (Tables)
9 Months Ended
Sep. 30, 2022
Mortgages Receivable  
Schedule of credit risk profile

Credit risk profile based on loan activity as of September 30, 2022 and December 31, 2021:

    

Total

Outstanding

    

Residential

    

Commercial

    

Land

    

Mixed Use

    

Mortgages

December 31, 2021

$

157,841,896

$

95,319,795

$

20,755,891

$

18,383,627

$

292,301,209

September 30, 2022

$

234,747,362

$

143,898,654

$

39,513,545

$

30,365,104

$

448,524,665

Schedule of maturities of mortgage receivable

The following is the maturities of mortgages receivable as of September 30:

2022 and prior

    

$

90,968,755

2023

 

286,239,279

2024

 

68,108,899

2025

 

1,049,500

Thereafter

2,158,232

Total

$

448,524,665