LOANS RECEIVABLE (Tables)

9 Months Ended

Sep. 30, 2019

Receivables [Abstract]

Schedule of Loans Receivable

Loans receivable consist of the following:

	September 30, 2019			December 31, 2018
	(in thousands)
SBA 7(a) loans receivable, subject to loan-backed notes	$	31,565		$	36,847
SBA 7(a) loans receivable, subject to credit risk	25,670			29,385
SBA 7(a) loans receivable, subject to secured borrowings	13,876			16,409
Loans receivable	71,111			82,641
Deferred capitalized costs	1,147			1,309
Loan loss reserves	(682		)	(702		)
Loans receivable, net	$	71,576		$	83,248