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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - Jun. 30, 2015 - USD ($)
$ in Thousands
Total
Total
INCOME    
Loan interest income $ 10,793 $ 17,677
Interest expense (2,269) (3,344)
Net interest income 8,524 14,333
Other income 232 446
Total income 8,756 14,779
EXPENSE    
Related party expense - management fee 856 1,602
Related party expense - loan servicing fees 851 1,507
Loan transaction expense 729 989
Professional fees 356 741
Other expense 289 450
Total expense 3,081 5,289
Income before provision for income taxes 5,675 9,490
Provision for income taxes 16 16
Consolidated net income 5,659 9,474
Less: consolidated net income attributable to the non-controlling interest 223 398
Consolidated net income attributable to common stockholders $ 5,436 $ 9,076
Basic earnings per common share (in dollars per share) $ 0.36 $ 0.64
Diluted earnings per common share (in dollars per share) $ 0.36 $ 0.64
Weighted average shares - basic (in shares) 15,237,739 14,129,162
Weighted average shares - diluted (in shares) 15,909,634 14,801,319