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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Loans receivable, net:    
Commercial mortgage loans receivable $ 121,122 $ 125,515
SBIC commercial mortgage loans receivable 51,133 47,153
SBA 7(a) loans receivable, subject to secured borrowings 37,522 38,349
SBA 7(a) loans receivable 30,894 27,974
Loans receivable, net 240,671 238,991
Cash and cash equivalents 8,073 1,230
Real estate owned 630 739
Other assets 7,080 6,747
Total assets 256,454 247,707
Debt:    
Secured borrowings - government guaranteed loans 40,093 41,008
Junior subordinated notes 27,070 27,070
SBIC debentures payable 23,190 17,190
Revolving credit facility 15,200 11,900
Debt 105,553 97,168
Borrower advances 6,371 5,942
Accounts payable and accrued expenses 3,899 4,078
Dividends payable 1,347 1,293
Total liabilities 117,170 108,481
Commitments and contingencies      
Beneficiaries' equity:    
Common shares of beneficial interest; authorized 100,000,000 shares of $0.01 par value; 11,132,549 and 11,125,883 shares issued at March 31, 2013 and December 31, 2012, respectively; 10,596,220 and 10,589,554 shares outstanding at March 31, 2013 and December 31, 2012, respectively 111 111
Additional paid-in capital 153,097 153,072
Net unrealized appreciation of retained interests in transferred assets 292 278
Cumulative net income 175,261 173,917
Cumulative dividends (185,476) (184,151)
Beneficiaries' equity before treasury stock 143,285 143,227
Less: Treasury stock; at cost, 536,329 shares at March 31, 2013 and December 31, 2012 (4,901) (4,901)
Total beneficiaries' equity 138,384 138,326
Noncontrolling interests - cumulative preferred stock of subsidiary 900 900
Total equity 139,284 139,226
Total liabilities and equity $ 256,454 $ 247,707