LOANS RECEIVABLE (Tables)

6 Months Ended

Jun. 30, 2020

Receivables [Abstract]

Schedule of Loans Receivable

Loans receivable consist of the following:

	June 30, 2020		December 31, 2019
	(in thousands)
SBA 7(a) loans receivable, subject to credit risk	$	27,207	$	27,290
SBA 7(a) loans receivable, subject to loan-backed notes	24,491		27,598
SBA 7(a) loans receivable, paycheck protection program	15,466		—
SBA 7(a) loans receivable, subject to secured borrowings	9,941		12,644
Loans receivable	77,105		67,532
Deferred capitalized costs	497		1,145
Loan loss reserves	(447)		(598)
Loans receivable, net	$	77,155	$	68,079