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Real Estate Owned (Tables)
12 Months Ended
Dec. 31, 2019
Real Estate Owned [Abstract]  
Information Relating to Sale of Real Estate Owned
Information relating to the sale of the Company’s real estate owned in Greenwich, Connecticut is as follows:

(in thousands)
 
Amounts
 
Gross sales price
 
$
5,200
 
Less: Transactions costs
  
(290
)
Net cash proceeds
  
4,910
 
Less: Real estate carrying value, (net of accumulated depreciation)
  
(1,632
)
Net gain on sale of real estate
 
$
3,278