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Amount as of the balance sheet date of obligations under leases to fund tenant improvements and in other future construction obligations. The commitment is in connection with the ownership and operation of real estate properties.

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Amount of lessee's right to use underlying asset under operating lease.

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COMMITMENTS AND CONTINGENCIES (Details) $ in Thousands	1 Months Ended	3 Months Ended
COMMITMENTS AND CONTINGENCIES (Details) $ in Thousands	Sep. 30, 2018 USD ($)	Mar. 31, 2019 USD ($) officer	Mar. 31, 2018 USD ($)	Dec. 31, 2018 USD ($)
Commitments and contingencies
Outstanding loan commitments to fund loans		$ 14,548
Future obligations under leases to fund tenant improvements and other future construction obligation		6,067
Assets held-for-sale		2,001
Restricted cash		11,738	$ 30,311	$ 22,512
Right-of use asset and lease liability		298
Lease liability		298
Rent expense		76	$ 55
Minimum lease payments for remainder of fiscal year		192
Minimum lease payments for year ended December 31, 2020		$ 106
Employment agreements \| Executive Officers
Commitments and contingencies
Number of officers covered under employment agreement \| officer		2
Multiplier used for the calculation of payments in the event of death of employee		2
Multiplier used for the calculation of payments in the event of disability to employee		1
Restricted Cash for Tenant Improvements
Commitments and contingencies
Restricted cash		$ 2,813
City and County of San Francisco Real Property Transfer Tax Case \| Pending Litigation
Commitments and contingencies
Refund sought for penalties, interest and legal fees paid for real property transfer tax	$ 11,845