LOANS RECEIVABLE (Tables)

3 Months Ended

Mar. 31, 2018

Receivables [Abstract]

Schedule of Loans Receivable

Loans receivable consist of the following:

	March 31, 2018			December 31, 2017
	(in thousands)
SBA 7(a) loans, subject to credit risk	$	48,443		$	58,298
SBA 7(a) loans, subject to secured borrowings	21,881			21,664
Commercial mortgage loans	—			424
Loans receivable	70,324			80,386
Deferred capitalized costs	835			1,132
Loan loss reserves	(468		)	(462		)
Loans receivable, net	$	70,691		$	81,056