Restricted Cash

The Company is required to maintain certain cash balances with counterparties and/or unrelated third parties for various activities and transactions.

In connection with the line of credit provided by the Company to one of the mortgage originators in which it has invested, as described in Note 7, Related Party Transactions, the Company had placed cash into a restricted account in the Company's name, which was available to be drawn upon by the mortgage originator as needed to fund the origination of residential mortgage loans designated for sale to the Company. As of December 31, 2016 this account is no longer restricted.

In connection with the letter of credit with another mortgage originator, as described in Note 7, Related Party Transactions, funds have been deposited into an account for the benefit of the mortgage originator.

The Company is required to maintain a specific cash balance in a segregated account pursuant to a flow consumer loan purchase and sale agreement.

The Company is also required to maintain specific minimum cash balances in connection with certain regulated subsidiaries, including its subsidiary that holds various state mortgage origination licenses.

The below table details the Company's restricted cash balances included in Restricted cash on the Consolidated Statement of Assets, Liabilities, and Equity as of December 31, 2016 and 2015.



	December 31, 2016		December 31, 2015
	(In thousands)
Restricted cash balance related to:
Minimum account balance required for regulatory purposes	$	250	$	500
Letter of credit	230		230
Flow consumer loan purchase and sale agreement	175		3,700
Line of credit	—		427
Total	$	655	$	4,857