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MERGER (Details 2) - USD ($) |  | 3 Months Ended | 6 Months Ended
--- | --- | --- | ---
Mar. 11, 2014 | Jun. 30, 2014 | Jun. 30, 2014
Liabilities |  |  |
Bargain purchase gain |  |  | $ (4,918,000)
PMC Commercial |  |  |
Liabilities |  |  |
Merger related costs |  | $ 0 | $ 468,000
PMC Commercial | CIM Urban Partners, L.P |  |  |
Assets |  |  |
Cash and cash equivalents | $ 3,185,000 |  |
Loans receivable | 207,140,000 |  |
Accounts receivable and interest receivable | 755,000 |  |
Other assets | 5,396,000 |  |
Intangible assets | 2,957,000 |  |
Net assets acquired | 219,433,000 |  |
Liabilities |  |  |
Debt | 99,849,000 |  |
Accounts payable and accrued expenses | 7,396,000 |  |
Special dividend liability and dividend payable | 59,286,000 |  |
Other liabilities | 3,374,000 |  |
Total liabilities assumed | 169,905,000 |  |
Net identifiable assets acquired | 49,528,000 |  |
Bargain purchase gain | (4,918,000) |  |
Net purchase price | $ 44,610,000 |  |

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