Consolidated Balance Sheets - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Assets
Loans receivable	$ 46,056,500	$ 45,124,000
Interest receivable on loans	497,977	535,045
Cash and cash equivalents	185,532	136,441
Deferred financing costs	34,301	45,269
Other assets	81,883	55,941
Total assets	46,856,193	45,896,696
Liabilities:
Line of credit	17,764,153	16,914,594
Senior secured notes (net of deferred financing costs of $603,813 and $622,584)	5,396,187	5,377,416
Deferred origination fees	320,723	298,471
Accounts payable and accrued expenses	144,273	167,559
Dividends payable		891,983
Total liabilities	23,625,336	23,650,023
Commitments and contingencies
Stockholders' equity:
Preferred shares - $.01 par value; 5,000,000 shares authorized; none issued
Common shares - $.001 par value; 25,000,000 shares authorized; 8,319,036 issued; 8,108,934 outstanding	8,319	8,319
Additional paid-in capital	23,170,777	23,167,511
Treasury stock, at cost - 210,102 shares	(541,491)	(541,491)
Retained earnings (accumulated deficit)	593,252	(387,666)
Total stockholders' equity	23,230,857	22,246,673
Total liabilities and stockholders' equity	$ 46,856,193	$ 45,896,696