Annual report pursuant to Section 13 and 15(d)

Mortgages Receivable (Tables)

v3.23.1
Mortgages Receivable (Tables)
12 Months Ended
Dec. 31, 2022
Mortgages Receivable  
Schedule of credit risk profile

Credit risk profile based on loan activity as of December 31, 2022 and 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

December 31, 2022

$

229,943,558

$

154,824,551

$

46,499,044

$

29,366,115

$

460,633,268

Schedule of maturities of mortgage receivable

The following is the maturities of mortgages receivable as of December 31:

2022 and prior

    

$

61,562,418

2023

 

311,297,247

2024

 

85,968,294

2025

 

1,699,500

Thereafter

105,809

Total

$

460,633,268