QUARTERLY FINANCIAL DATA (Tables)

12 Months Ended

Dec. 31, 2017

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information

The following table presents a comparative breakdown of our unaudited summary quarterly financial data for the immediately preceding eight quarters.

	2017 Quarter Ended
	March 31			June 30			September 30			December 31
Total interest income	$	22,191		$	21,595		$	22,627		$	22,720
Total interest expense	(16,408		)	(16,767		)	(17,881		)	(17,938		)
Net interest income	5,784			4,828			4,746			4,782
Other-than-temporary impairment	—			—			—			—
Other income (loss)	201			(3,989		)	(5,949		)	7,164
Total expenses	3,615			3,135			3,053			3,055
Net income (loss)	2,369			(2,297		)	(4,256		)	8,891
Net income (loss) attributable to common shareholders (basic and diluted)	1,489			(3,167		)	(5,137		)	8,000
Earnings (loss) per share:
Net income (loss) attributable to common shareholders (basic and diluted)	1,489			(3,167		)	(5,137		)	8,000
Weighted average number of shares of common stock outstanding:	17,539,258			18,297,500			22,139,258			22,142,926
Basic and diluted income (loss) per share	0.08			(0.17		)	(0.23		)	0.36

	2016 Quarter Ended
	March 31			June 30			September 30			December 31
Total interest income	$	24,617		$	23,610		$	22,733		$	22,162
Total interest expense	(18,857		)	(17,837		)	(16,580		)	(16,259		)
Net interest income	5,760			5,772			6,153			5,903
Other-than-temporary impairment	(21		)	(146		)	(558		)	—
Other income (loss)	(18,275		)	(5,838		)	(908		)	8,932
Total expenses	4,412			3,864			3,191			3,298
Net income (loss)	(16,948		)	(4,076		)	1,496			11,538
Net income (loss) attributable to common shareholders (basic and diluted)	(17,828		)	(4,947		)	616			10,647
Earnings (loss) per share:
Net income (loss) attributable to common shareholders (basic and diluted)	(17,828		)	(4,947		)	616			10,647
Weighted average number of shares of common stock outstanding:	14,605,515			14,597,894			14,600,193			14,762,006
Basic and diluted income (loss) per share	(1.22		)	(0.34		)	0.04			0.72