Quarterly report pursuant to Section 13 or 15(d)

Mortgages Receivable (Tables)

v3.22.1
Mortgages Receivable (Tables)
3 Months Ended
Mar. 31, 2022
Mortgages Receivable  
Schedule of credit risk profile

Credit risk profile based on loan activity as of March 31, 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

March 31, 2022

$

192,305,801

$

113,902,025

$

23,184,331

$

24,235,064

$

353,627,221

Schedule of maturities of mortgage loans receivable

As of March 31, 2022, the following is the maturities of mortgages receivable as of March 31:

2022

    

$

205,001,324

2023

 

118,276,090

2024

 

29,266,818

2025

 

1,082,989

Total

$

353,627,221