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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
INCOME        
Loan interest income $ 16,378 $ 10,793 $ 32,192 $ 17,677
Interest expense (6,063) (2,269) (11,050) (3,344)
Net interest income 10,315 8,524 21,142 14,333
Income from investment in Manager 46 64 90 104
Other income 327 222 867 406
Total income 10,688 8,810 22,099 14,843
EXPENSE        
Related party expense - loan servicing fees 1,453 851 2,856 1,507
Related party expense - management fees 937 856 1,843 1,603
Loan transaction expense 574 729 787 989
Professional fees 407 356 821 741
Real estate operating expenses 113 54 275 64
Other expense 317 289 670 449
Total expense 3,801 3,135 7,252 5,353
Income before provision for income taxes 6,887 5,675 14,847 9,490
Provision for income taxes 26 16 23 16
Consolidated net income 6,861 5,659 14,824 9,474
Less: consolidated net income attributable to the non-controlling interest 256 223 568 398
Consolidated net income attributable to common stockholders $ 6,605 $ 5,436 $ 14,256 $ 9,076
Basic earnings per common share (in dollars per share) $ 0.42 $ 0.36 $ 0.92 $ 0.64
Diluted earnings per common share (in dollars per share) $ 0.42 $ 0.36 $ 0.92 $ 0.64
Weighted average shares - basic (in shares) 15,742,932 15,237,739 15,524,725 14,129,162
Weighted average shares - diluted (in shares) 16,389,126 15,909,634 16,174,164 14,801,319