LOANS RECEIVABLE (Tables)

3 Months Ended

Mar. 31, 2020

Receivables [Abstract]

Schedule of Loans Receivable

Loans receivable consist of the following:

	March 31, 2020			December 31, 2019
	(in thousands)
SBA 7(a) loans receivable, subject to loan-backed notes	$	25,581		$	27,598
SBA 7(a) loans receivable, subject to credit risk	28,395			27,290
SBA 7(a) loans receivable, subject to secured borrowings	10,586			12,644
Loans receivable	64,562			67,532
Deferred capitalized costs	1,139			1,145
Loan loss reserves	(531		)	(598		)
Loans receivable, net	$	65,170		$	68,079