Real estate assets, net	6 Months Ended
Jun. 30, 2015
Real Estate [Abstract]
Real estate assets, net	Note 4 — Real estate assets, net Real estate held for use As of June 30, 2015, the Company had two REO properties having an aggregate carrying value of $0.1 million held for use as rentals. Both of these properties had been rented. Real estate held-for-sale As of June 30, 2015, the Company classified 54 REO properties having an aggregate carrying value of $9.0 million as real estate held for sale as they do not meet its residential rental property investment criteria. Dispositions During the three-months ended June 30, 2015, the Company disposed of two held-for-sale residential properties and recognized a loss of $7,000. During the six-months ended June 30, 2015, the Company disposed of three held-for-sale residential properties and recognized a loss of $9,000.

Real estate assets, net

6 Months Ended

Jun. 30, 2015

Note 4 — Real estate assets, net

Real estate held for use

As of June 30, 2015, the Company had two REO properties having an aggregate carrying value of $0.1 million held for use as rentals. Both of these properties had been rented.

Real estate held-for-sale

As of June 30, 2015, the Company classified 54 REO properties having an aggregate carrying value of $9.0 million as real estate held for sale as they do not meet its residential rental property investment criteria.

Dispositions

During the three-months ended June 30, 2015, the Company disposed of two held-for-sale residential properties and recognized a loss of $7,000. During the six-months ended June 30, 2015, the Company disposed of three held-for-sale residential properties and recognized a loss of $9,000.