CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Income:
Interest income	$ 11,835	$ 7,321	$ 29,443	$ 20,995
Less: Interest expense	(6,151)	(2,401)	(12,512)	(6,526)
Net interest income	5,684	4,920	16,931	14,469
Revenue from real estate owned	4,788	2,716	10,578	5,328
Total income	10,472	7,636	27,509	19,797
Operating expenses:
Advisory fee	916	771	2,797	2,245
Debt finance costs	451	327	1,222	1,138
Directors compensation	21	19	62	53
Professional service fees	266	212	749	718
Real estate owned operating expenses	4,204	3,268	11,204	6,880
Depreciation and amortization	276	272	835	817
Other expenses	362	305	1,025	821
Net operating expenses	6,496	5,174	17,894	12,672
Net income	3,976	2,462	9,615	7,125
Gain on repurchase and retirement of preferred stock	24		24
Net income attributable to common stockholders	$ 2,482	$ 2,462	$ 5,083	$ 7,125
Net income attributable to common stockholders per share basic	$ 0.24	$ 0.22	$ 0.47	$ 0.62
Net income attributable to common stockholders per share diluted	$ 0.24	$ 0.22	$ 0.47	$ 0.62
Weighted average number of shares of common stock
Basic	10,559,680	11,433,665	10,707,177	11,570,868
Diluted	10,560,589	11,434,305	10,708,778	11,571,131
Series A Preferred Stock
Operating expenses:
Series A Preferred Stock dividends	$ (1,518)		$ (4,556)