MORTGAGE NOTE PAYABLE, NET (Tables)

6 Months Ended

Jun. 30, 2017

The following is a summary of the mortgage note payable, net (in thousands):



	June 30, 2017						December 31, 2016
Collateral	Outstanding Borrowings		Deferred finance costs, net		Carrying Value		Outstanding Borrowings		Deferred finance costs, net			Carrying Value
Park Hill ⁽¹⁾	$	—	$	—	$	—	$	9,849	$	(67	)	$	9,782

⁽¹⁾Park Hill was sold on June 1, 2017. Proceeds from the sale were used to repay the outstanding borrowings.

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details

Resource Real Estate Investors 6 LP 10-Q