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CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Loans receivable, net:    
Commercial mortgage loans receivable $ 115,535 $ 125,515
SBIC commercial mortgage loans receivable 54,861 47,153
SBA 7(a) loans receivable, subject to secured borrowings 37,007 38,349
SBA 7(a) loans receivable 27,713 27,974
Loans receivable, net 235,116 238,991
Cash and cash equivalents 6,127 1,230
Other assets 7,431 7,486
Total assets 248,674 247,707
Debt:    
Secured borrowings - government guaranteed loans 39,545 41,008
Junior subordinated notes 27,070 27,070
SBIC debentures payable 23,190 17,190
Revolving credit facility 12,000 11,900
Debt 101,805 97,168
Borrower advances 3,712 5,942
Accounts payable and accrued expenses 2,998 4,078
Dividends payable 1,347 1,293
Total liabilities 109,862 108,481
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 June 30, 2013 and December 31, 2012, respectively; 10,596,220 and 10,589,554 shares outstanding at June 30, 2013 and December 31, 2012, respectively 111 111
Additional paid-in capital 153,105 153,072
Net unrealized appreciation of retained interests in transferred assets 291 278
Cumulative net income 176,107 173,917
Cumulative dividends (186,801) (184,151)
Beneficiaries' equity before treasury stock 142,813 143,227
Less: Treasury stock; at cost, 536,329 shares at June 30, 2013 and December 31, 2012 (4,901) (4,901)
Total beneficiaries' equity 137,912 138,326
Noncontrolling interests - cumulative preferred stock of subsidiary 900 900
Total equity 138,812 139,226
Total liabilities and equity $ 248,674 $ 247,707