Real Estate Owned (Tables)

12 Months Ended

Dec. 31, 2017

Real Estate Owned [Abstract]

Real Estate Owned

Information relating to the Company's real estate owned in Greenwich, Connecticut is as follows:

	December 31, 2017
Area of building in square feet		14,500
Square feet utilized by Company		3,500
Number of years depreciation is based upon		39

Information Relating to Sale of Real Estate Owned

Information relating to the sale of the Company's real estate owned in Greenwich, Connecticut is as follows:

(in thousands)	Amounts
Gross sales price	$	5,200
Less: Transactions costs		(290	)
Net cash proceeds		4,910
Less: Real estate carrying value, (net of accumulated depreciation)		(1,632	)
Net gain on sale of real estate	$	3,278