2020 Q1 Form 10-Q Financial Statement
#000162828020007490 Filed on May 11, 2020
Income Statement
Concept | 2020 Q1 | 2019 Q1 |
---|---|---|
Revenue | $9.194M | $9.983M |
YoY Change | -7.9% | -53.6% |
Cost Of Revenue | $5.020M | $5.780M |
YoY Change | -13.15% | -68.59% |
Gross Profit | $4.180M | $3.500M |
YoY Change | 19.43% | 1196.3% |
Gross Profit Margin | 45.46% | 35.06% |
Selling, General & Admin | $1.870M | $2.610M |
YoY Change | -28.35% | -7.12% |
% of Gross Profit | 44.74% | 74.57% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | ||
YoY Change | ||
% of Gross Profit | ||
Operating Expenses | $2.167M | $2.648M |
YoY Change | -18.16% | -17.58% |
Operating Profit | $2.013M | $852.0K |
YoY Change | 136.27% | -128.95% |
Interest Expense | $5.018M | $5.776M |
YoY Change | -13.12% | -68.61% |
% of Operating Profit | 249.28% | 677.93% |
Other Income/Expense, Net | -$684.0K | -$147.0K |
YoY Change | 365.31% | -101.29% |
Pretax Income | $1.330M | $1.410M |
YoY Change | -5.67% | -87.54% |
Income Tax | -$226.5K | -$63.00K |
% Of Pretax Income | -17.03% | -4.47% |
Net Earnings | $1.552M | $1.475M |
YoY Change | 5.2% | -86.96% |
Net Earnings / Revenue | 16.88% | 14.78% |
Basic Earnings Per Share | ||
Diluted Earnings Per Share | $62.22K | $62.05K |
COMMON SHARES | ||
Basic Shares Outstanding | 24.91M shares | 23.68M shares |
Diluted Shares Outstanding | 24.91M shares | 23.69M shares |
Balance Sheet
Concept | 2020 Q1 | 2019 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $11.30M | $13.60M |
YoY Change | -16.91% | -67.85% |
Cash & Equivalents | $11.33M | $13.64M |
Short-Term Investments | ||
Other Short-Term Assets | ||
YoY Change | ||
Inventory | ||
Prepaid Expenses | ||
Receivables | ||
Other Receivables | ||
Total Short-Term Assets | $13.70M | $16.20M |
YoY Change | -15.43% | -91.69% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | ||
YoY Change | ||
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $6.900M | $52.50M |
YoY Change | -86.86% | 344.92% |
Total Long-Term Assets | $650.3M | $643.2M |
YoY Change | 1.11% | -72.59% |
TOTAL ASSETS | ||
Total Short-Term Assets | $13.70M | $16.20M |
Total Long-Term Assets | $650.3M | $643.2M |
Total Assets | $664.0M | $659.4M |
YoY Change | 0.7% | -74.06% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $700.0K | $2.600M |
YoY Change | -73.08% | 1200.0% |
Accrued Expenses | $600.0K | $1.000M |
YoY Change | -40.0% | -83.33% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $506.4M | $504.5M |
YoY Change | 0.38% | -57.14% |
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $510.6M | $510.8M |
YoY Change | -0.04% | -57.38% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $39.40M | $39.30M |
YoY Change | 0.25% | -96.71% |
Other Long-Term Liabilities | $700.0K | $2.600M |
YoY Change | -73.08% | 766.67% |
Total Long-Term Liabilities | $39.40M | $39.30M |
YoY Change | 0.25% | -96.71% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $510.6M | $510.8M |
Total Long-Term Liabilities | $39.40M | $39.30M |
Total Liabilities | $550.0M | $550.1M |
YoY Change | -0.03% | -77.0% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $3.962M | -$2.364M |
YoY Change | -267.6% | -115.37% |
Common Stock | $249.3K | $236.8K |
YoY Change | 5.28% | 0.02% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $114.0M | $109.2M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $664.0M | $659.4M |
YoY Change | 0.7% | -74.06% |
Cashflow Statement
Concept | 2020 Q1 | 2019 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $1.552M | $1.475M |
YoY Change | 5.2% | -86.96% |
Depreciation, Depletion And Amortization | ||
YoY Change | ||
Cash From Operating Activities | $2.372M | $2.497M |
YoY Change | -5.0% | 32.12% |
INVESTING ACTIVITIES | ||
Capital Expenditures | ||
YoY Change | ||
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$4.110M | $7.190M |
YoY Change | -157.16% | -87.97% |
Cash From Investing Activities | -$4.106M | $7.191M |
YoY Change | -157.09% | -87.96% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $5.747M | $0.00 |
YoY Change | -100.0% | |
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | $3.970M | -$2.913M |
YoY Change | -236.31% | -94.54% |
NET CHANGE | ||
Cash From Operating Activities | $2.372M | $2.497M |
Cash From Investing Activities | -$4.106M | $7.191M |
Cash From Financing Activities | $3.970M | -$2.913M |
Net Change In Cash | $2.237M | $6.775M |
YoY Change | -66.99% | -18.3% |
FREE CASH FLOW | ||
Cash From Operating Activities | $2.372M | $2.497M |
Capital Expenditures | ||
Free Cash Flow | ||
YoY Change |
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|
1551671 | USD |
CY2020Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
1870416 | USD |
CY2020Q1 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
3750 | USD |
CY2020Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
114064141 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
150203338 | USD |
CY2019Q1 | oaks |
Cost Of Issuing Of Common Stock Values
CostOfIssuingOfCommonStockValues
|
22383 | USD |
CY2019Q1 | us-gaap |
Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
|
40250000 | USD |
CY2019Q1 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
|
3773 | USD |
CY2019Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1474767 | USD |
CY2019Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
1658136 | USD |
CY2019Q1 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
480472 | USD |
CY2019Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
109270887 | USD |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1551671 | USD |
CY2019Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1474767 | USD |
CY2020Q1 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
-273188 | USD |
CY2019Q1 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
-270184 | USD |
CY2020Q1 | oaks |
Amortization Of Offering Costs
AmortizationOfOfferingCosts
|
-13333 | USD |
CY2019Q1 | oaks |
Amortization Of Offering Costs
AmortizationOfOfferingCosts
|
-22383 | USD |
CY2020Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
256069 | USD |
CY2019Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
232009 | USD |
CY2020Q1 | oaks |
Realized Gain Loss On Sale Of Investments
RealizedGainLossOnSaleOfInvestments
|
0 | USD |
CY2019Q1 | oaks |
Realized Gain Loss On Sale Of Investments
RealizedGainLossOnSaleOfInvestments
|
-709439 | USD |
CY2020Q1 | oaks |
Unrealized Gain Loss On Mortgage Service Rights
UnrealizedGainLossOnMortgageServiceRights
|
-877749 | USD |
CY2019Q1 | oaks |
Unrealized Gain Loss On Mortgage Service Rights
UnrealizedGainLossOnMortgageServiceRights
|
-379998 | USD |
CY2020Q1 | oaks |
Unrealized Gain Loss On Multifamily Loans Held In Securitization Trust
UnrealizedGainLossOnMultifamilyLoansHeldInSecuritizationTrust
|
0 | USD |
CY2019Q1 | oaks |
Unrealized Gain Loss On Multifamily Loans Held In Securitization Trust
UnrealizedGainLossOnMultifamilyLoansHeldInSecuritizationTrust
|
694339 | USD |
CY2020Q1 | us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
7882 | USD |
CY2019Q1 | us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
3773 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
81404 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
180869 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
|
-13333 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
|
-22383 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
582432 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
302767 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
-241020 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
149854 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
21019 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
-128564 | USD |
CY2020Q1 | us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
289276 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
583418 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
2371998 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
2496903 | USD |
CY2020Q1 | us-gaap |
Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
|
38613756 | USD |
CY2019Q1 | us-gaap |
Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
|
64612349 | USD |
CY2020Q1 | oaks |
Repayments Of Principal To Repurchase Mortgage Loans Heldforsale
RepaymentsOfPrincipalToRepurchaseMortgageLoansHeldforsale
|
0 | USD |
CY2019Q1 | oaks |
Repayments Of Principal To Repurchase Mortgage Loans Heldforsale
RepaymentsOfPrincipalToRepurchaseMortgageLoansHeldforsale
|
-4747049 | USD |
CY2020Q1 | us-gaap |
Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
34507879 | USD |
CY2019Q1 | us-gaap |
Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
34014437 | USD |
CY2020Q1 | us-gaap |
Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
|
0 | USD |
CY2019Q1 | us-gaap |
Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
|
-33042234 | USD |
CY2020Q1 | oaks |
Proceeds From Broker Investing Activities
ProceedsFromBrokerInvestingActivities
|
0 | USD |
CY2019Q1 | oaks |
Proceeds From Broker Investing Activities
ProceedsFromBrokerInvestingActivities
|
0 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-4105877 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
7191371 | USD |
CY2020Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
5747375 | USD |
CY2019Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD |
CY2020Q1 | us-gaap |
Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
|
0 | USD |
CY2019Q1 | us-gaap |
Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
|
40250000 | USD |
CY2020Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
1776912 | USD |
CY2019Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
1421259 | USD |
CY2020Q1 | us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
0 | USD |
CY2019Q1 | us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
521114 | USD |
CY2020Q1 | oaks |
Proceeds From Collateralized Loan Obligations
ProceedsFromCollateralizedLoanObligations
|
0 | USD |
CY2019Q1 | oaks |
Proceeds From Collateralized Loan Obligations
ProceedsFromCollateralizedLoanObligations
|
0 | USD |
CY2020Q1 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
0 | USD |
CY2019Q1 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
40250000 | USD |
CY2020Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
0 | USD |
CY2019Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
970545 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3970463 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-2912918 | USD |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
2236584 | USD |
CY2019Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
6775356 | USD |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
16011830 | USD |
CY2018Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
59213812 | USD |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
18248414 | USD |
CY2019Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
65989168 | USD |
CY2020Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
4730094 | USD |
CY2019Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
4965785 | USD |
CY2020Q1 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
1874166 | USD |
CY2019Q1 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
1661844 | USD |
CY2020Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="text-indent:18pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:700;line-height:120%;">Use of Estimates</span></div><div style="text-indent:18pt;text-align:justify;"><span><br/></span></div><div style="text-indent:18pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%;">The financial statements have been prepared on the accrual basis of accounting in accordance with GAAP. The preparation of financial statements in conformity with GAAP requires the Company to make a number of significant estimates. The first quarter of 2020 was impacted by the global outbreak of a novel coronavirus ("COVID-19"), which has spread to over 200 countries and territories, including the United States, and has spread to every state in the United States. On March 11, 2020, the World Health Organization ("WHO") declared COVID-19 a pandemic, and numerous countries, including the United States, have issued wide ranging responses including the imposition of quarantines, "stay-at-home" orders, restrictions on travel, closing financial markets and other similar mandates. The outbreak could have a continued adverse impact on economic and market conditions and trigger a period of global economic slowdown. The prolonged duration of the COVID-19 pandemic and its impact on our borrowers and their tenants, cash flows and future results of operations </span></div>could be significant and will largely depend on future developments, which are highly uncertain and cannot be predicted. We believe the estimates and assumptions underlying our consolidated financial statements are reasonable and supportable based on the information available as of March 31, 2020, however uncertainty over the ultimate impact of COVID-19 on the global economy generally, and our business in particular, makes any estimates and assumptions inherently less certain than they would be absent the current and potential impacts of COVID-19. Actual results could differ from its estimates and the differences may be material. | |
CY2020Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
11334317 | USD |
CY2019Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
10942115 | USD |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
18248414 | USD |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
16011830 | USD |
CY2020Q1 | us-gaap |
Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
|
0 | USD |
CY2020Q1 | us-gaap |
Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
|
0 | USD |
CY2020Q1 | us-gaap |
Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
|
0 | USD |
CY2020Q1 | us-gaap |
Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
|
1017419 | USD |
CY2019Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
450000000 | shares |
CY2020Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
450000000 | shares |
CY2019Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2020Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2020Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
24938883 | shares |
CY2020Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
24938883 | shares |
CY2019Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
23692164 | shares |
CY2019Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
23692164 | shares |
CY2015Q4 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
10000000 | USD |
CY2019Q4 | oaks |
Income Tax Examination Accrued Tax Liability
IncomeTaxExaminationAccruedTaxLiability
|
1960000 | USD |
CY2020Q1 | oaks |
One Month Libor Rate
OneMonthLIBORRate
|
0.0138 | USD |
CY2019Q4 | oaks |
One Month Libor Rate
OneMonthLIBORRate
|
0.0170 | USD |
CY2020Q1 | oaks |
Weighted Average Libor Floor Rate
WeightedAverageLIBORFloorRate
|
0.0160 | USD |
CY2019Q4 | oaks |
Weighted Average Libor Floor Rate
WeightedAverageLIBORFloorRate
|
0.0156 | USD |
CY2018Q2 | oaks |
Number Of Loan Participations
NumberOfLoanParticipations
|
8 | Loan_Participation |
CY2019Q1 | oaks |
Collateralized Loan Obligation Unamortized Discount
CollateralizedLoanObligationUnamortizedDiscount
|
39200000 | USD |
CY2020Q1 | oaks |
Collateralized Loan Obligation Deferred Financing Costs
CollateralizedLoanObligationDeferredFinancingCosts
|
823154 | USD |
CY2019Q4 | oaks |
Collateralized Loan Obligation Deferred Financing Costs
CollateralizedLoanObligationDeferredFinancingCosts
|
865959 | USD |
CY2020Q1 | us-gaap |
Secured Debt
SecuredDebt
|
40250000 | USD |
CY2020Q1 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
40250000 | USD |
CY2019Q4 | us-gaap |
Secured Debt
SecuredDebt
|
40250000 | USD |
CY2019Q4 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
40250000 | USD |
CY2020Q1 | us-gaap |
Secured Debt
SecuredDebt
|
40250000 | USD |
CY2020Q1 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
40250000 | USD |
CY2019Q4 | us-gaap |
Secured Debt
SecuredDebt
|
40250000 | USD |
CY2019Q4 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
40250000 | USD |
CY2020Q1 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
1822458 | USD |
CY2019Q4 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
2700207 | USD |
CY2019 | oaks |
Management Fee Percentage
ManagementFeePercentage
|
0.015 | |
CY2020Q1 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
584821 | USD |
CY2019Q1 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
553459 | USD |
CY2020Q1 | us-gaap |
Management Fee Payable
ManagementFeePayable
|
566000 | USD |
CY2019Q1 | us-gaap |
Management Fee Payable
ManagementFeePayable
|
567000 | USD |
CY2020Q1 | oaks |
Reimbursable Operating Expense
ReimbursableOperatingExpense
|
461121 | USD |
CY2019Q1 | oaks |
Reimbursable Operating Expense
ReimbursableOperatingExpense
|
540037 | USD |
CY2020Q1 | oaks |
Reimbursable Costs Payable
ReimbursableCostsPayable
|
447000 | USD |
CY2019Q1 | oaks |
Reimbursable Costs Payable
ReimbursableCostsPayable
|
479436 | USD |
CY2020Q1 | oaks |
Exit Fee Waived Percentage Reduced
ExitFeeWaivedPercentageReduced
|
0.50 | |
CY2019Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
450000000 | shares |
CY2020Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
450000000 | shares |
CY2020Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2019Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2019Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
24938883 | shares |
CY2020Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
24938883 | shares |
CY2020Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
24938883 | shares |
CY2019Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
23692164 | shares |
CY2019Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
23692164 | shares |
CY2015Q4 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
10000000 | USD |
CY2019Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
CY2019Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2019Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
1610000 | shares |
CY2019Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
1610000 | shares |
CY2020Q1 | us-gaap |
Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
|
0.0875 | |
CY2019Q4 | us-gaap |
Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
|
25.00 | |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1551671 | USD |
CY2019Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1474767 | USD |
CY2020Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
1870416 | USD |
CY2019Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
1658136 | USD |
CY2020Q1 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
3750 | USD |
CY2019Q1 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
480472 | USD |
CY2020Q1 | oaks |
Deemed Preferred Stock Dividend On Related Redemptions
DeemedPreferredStockDividendOnRelatedRedemptions
|
0 | USD |
CY2019Q1 | oaks |
Deemed Preferred Stock Dividend On Related Redemptions
DeemedPreferredStockDividendOnRelatedRedemptions
|
3093028 | USD |
CY2020Q1 | us-gaap |
Dividends
Dividends
|
1874166 | USD |
CY2019Q1 | us-gaap |
Dividends
Dividends
|
5231636 | USD |
CY2020Q1 | us-gaap |
Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
|
-322495 | USD |
CY2019Q1 | us-gaap |
Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
|
-3756869 | USD |
CY2020Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
24906983 | shares |
CY2019Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
23683164 | shares |
CY2020Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
4500 | shares |
CY2019Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
4500 | shares |
CY2020Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
24911483 | shares |
CY2019Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
23687664 | shares |
CY2018Q4 | us-gaap |
Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
|
1960000 | USD |