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REAL ESTATE OWNED, NET (Tables)
6 Months Ended
Jun. 30, 2019
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 six months ended June 30, 2019 and 2018 (in thousands):
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2019
 
2018
 
2019
 
2018
Balance, beginning of the period
$
2,611

 
$
328

 
$
2,611

 
$
360

Additions from loan foreclosures
61

 
393

 
61

 
521

Proceeds from dispositions of REO
(150
)
 
(314
)
 
(150
)
 
(314
)
Gain on sale of REO
(9
)
 
66

 
(9
)
 
66

Valuation adjustments in the period

 

 

 
(160
)
Balance, end of the period
$
2,513

 
$
473

 
$
2,513

 
$
473