XML 15 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Assets    
Cash and cash equivalents $ 608 $ 442
Restricted cash 2,000 2,000
Loans receivable 239,207 49,929
Mortgage-backed securities, at fair value 1,987  
Reimbursement due from sponsor 708 541
Interest receivable 704 141
Other assets 18  
Total assets 245,232 53,053
Liabilities    
Repurchase agreements payable (net of deferred financing costs of $878 and $452, respectively) 158,248 22,798
Due to related party 912 341
Interest payable 304 39
Payable for shares repurchased 100  
Other liabilities 2,232 536
Total liabilities 161,796 23,714
Commitments and contingencies (See Note 8)
Stockholders' equity    
Preferred stock, $0.01 par value, 50,000,000 shares authorized, none issued and outstanding
Additional paid-in capital 83,555 29,514
Accumulated other comprehensive loss (10)  
Accumulated deficit (143) (187)
Total stockholders' equity 83,436 29,339
Total liabilities and equity 245,232 53,053
Common Class F [Member]    
Stockholders' equity    
Common stock, value 25 10
Common Class Y [Member]    
Stockholders' equity    
Common stock, value 2 $ 2
Common Class T [Member]    
Stockholders' equity    
Common stock, value 1  
Common Class D [Member]    
Stockholders' equity    
Common stock, value 1  
Common Class M [Member]    
Stockholders' equity    
Common stock, value 4  
Common Class I [Member]    
Stockholders' equity    
Common stock, value $ 1