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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
ASSETS    
Cash, in banks $ 2,989 $ 13,607
Loans, Secured by deeds of trust    
Principal 96,132 97,438
Advances 143 52
Accrued interest 821 701
Prepaid interest (248) (341)
Loan balance, secured 96,848 97,850
Allowance for loan losses 0 0
Loans, net 96,848 97,850
Real estate owned (REO) 4,153 4,153
Other assets, net 52 113
Total assets 104,042 115,723
LIABILITIES AND PARTNERS' CAPITAL    
Liabilities - accounts payable and accrued liabilities 472 388
Commitments and Contingencies (Note 7)
Partners’ capital    
Limited partners’ capital 108,998 121,012
General partners’ deficit (712) (734)
Total partners’ capital 108,286 120,278
Receivable from manager (formation loan) (4,716) (4,943)
Partners’ capital, net of formation loan 103,570 115,335
Total liabilities and partners’ capital $ 104,042 $ 115,723