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REAL ESTATE OWNED, NET (Tables)
9 Months Ended
Sep. 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 nine months ended September 30, 2019 and 2018 (in thousands):
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2019
 
2018
 
2019
 
2018
Balance, beginning of the period
$
2,513

 
$
473

 
$
2,611

 
$
360

Additions from loan foreclosures
48

 

 
109

 
502

Proceeds from dispositions of REO
(2,333
)
 
(90
)
 
(2,483
)
 
(385
)
Gain (loss) on sale of REO

 
8

 
(9
)
 
74

Valuation adjustments in the period

 
(27
)
 

 
(187
)
Balance, end of the period
$
228

 
$
364

 
$
228

 
$
364