XML 36 R26.htm IDEA: XBRL DOCUMENT v3.8.0.1
REAL ESTATE OWNED, NET (Tables)
 9 Months Ended
Sep. 30, 2017
Real Estate [Abstract]  
Schedule of Changes in Real Estate Owned, Net of Valuation Adjustments
The following table presents the changes in REO for the three and nine months ended September 30, 2017 and 2016 (in thousands):
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2017
 
2016
 
2017
 
2016
Balance, beginning of the period
$
2,427

 
$
6,147

 
$
11,081

 
$
11,627

Additions from loan foreclosures
—

 
156

 
46

 
534

Additions from acquisitions
—

 
—

 
—

 
400

Additions from capitalized costs
—

 
—

 
54

 
—

Proceeds from dispositions of REO
(961
)
 
(1,699
)
 
(11,382
)
 
(8,021
)
Gain on sale of REO
30

 
281

 
1,953

 
981

Valuation adjustments in the period
—

 
(168
)
 
(256
)
 
(804
)
Balance, end of the period
$
1,496

 
$
4,717

 
$
1,496

 
$
4,717