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Real estate acquired in settlement of loans
9 Months Ended
Sep. 30, 2019
Real estate acquired in settlement of loans  
Real estate acquired in settlement of loans

Note 17 – Real estate acquired in settlement of loans

 

The following tables summarize the carrying amount of the Company’s real estate holdings as of the unaudited interim consolidated balance sheet dates:

 

 

 

 

 

 

 

 

(In Thousands)

    

September 30, 2019

    

December 31, 2018

Acquired ORM Portfolio:

 

 

 

 

 

 

Retail

 

$

19,950

 

$

 —

Mixed Use

 

 

17,478

 

 

 —

Lodging/Residential

 

 

7,412

 

 

 —

Land

 

 

7,919

 

 

 —

Office

 

 

1,256

 

 

 —

Total Acquired ORM REO

 

$

54,015

 

$

 —

Other REO held for sale:

 

 

 

 

 

 

Office

 

$

5,595

 

 

6,719

SBA

 

 

139

 

 

23

Mixed Use

 

 

279

 

 

279

Retail

 

 

596

 

 

191

Single Family

 

 

183

 

 

368

Multi-Family

 

 

 —

 

 

207

Total Other REO

 

$

6,792

 

$

7,787

 

 

 

 

 

 

 

Total Real estate acquired in settlement of loans, held for sale

 

$

60,807

 

$

7,787