Annual report pursuant to Section 13 and 15(d)

Mortgages Receivable (Tables)

v3.22.1
Mortgages Receivable (Tables)
12 Months Ended
Dec. 31, 2021
Mortgages Receivable  
Schedule of credit risk profile

Credit risk profile based on loan activity as of December 31, 2021 and 2020:

    

Total

Outstanding

    

Residential

    

Commercial

    

Land

    

Mixed Use

    

Mortgages

December 31, 2020

$

112,240,129

$

33,548,683

$

6,111,670

$

3,715,818

$

155,616,300

December 31, 2021

$

157,841,896

$

95,319,795

$

20,755,891

$

18,383,627

$

292,301,209

Schedule of maturities of mortgage loans receivable

As of December 31, 2021, the following is the maturities of mortgages receivable for the years ending December 31:

2022

    

$

226,069,289

2023

 

55,226,972

2024

 

9,919,625

2025

 

1,085,323

Total

$

292,301,209