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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Loans receivable, net:    
Commercial mortgage loans receivable $ 125,515 $ 133,327
SBIC commercial mortgage loans receivable 47,153 32,153
SBA 7(a) loans receivable, subject to secured borrowings 38,349 30,476
SBA 7(a) loans receivable 27,974 22,997
Commercial mortgage loans receivable, subject to structured notes payable   15,474
Loans receivable, net 238,991 234,427
Cash and cash equivalents 1,230 6,502
Real estate owned 739 1,259
Restricted cash and cash equivalents   2,233
Other assets 6,747 6,826
Total assets 247,707 251,247
Debt:    
Secured borrowings - government guaranteed loans 41,008 32,546
Junior subordinated notes 27,070 27,070
SBIC debentures payable 17,190 13,181
Revolving credit facility 11,900 17,800
Structured notes payable   5,264
Debt 97,168 95,861
Borrower advances 5,942 3,863
Accounts payable and accrued expenses 4,078 2,095
Dividends payable 1,293 1,692
Total liabilities 108,481 103,511
Commitments and contingencies      
Beneficiaries' equity:    
Common shares of beneficial interest; authorized 100,000,000 shares of $0.01 par value; 11,125,883 and 11,110,883 shares issued at December 31, 2012 and 2011, respectively; 10,589,554 and 10,574,554 shares outstanding at December 31, 2012 and 2011, respectively 111 111
Additional paid-in capital 153,072 152,934
Net unrealized appreciation of retained interests in transferred assets 278 394
Cumulative net income 173,917 176,096
Cumulative dividends (184,151) (177,798)
Beneficiaries' equity before treasury stock 143,227 151,737
Less: Treasury stock; at cost, 536,329 shares at December 31, 2012 and 2011 (4,901) (4,901)
Total beneficiaries' equity 138,326 146,836
Noncontrolling interests - cumulative preferred stock of subsidiary 900 900
Total equity 139,226 147,736
Total liabilities and equity $ 247,707 $ 251,247