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v3.19.2

COMMITMENTS AND CONTINGENCIES (Details) | 1 Months Ended | 3 Months Ended | 6 Months Ended |
--- | --- | --- | --- | ---
Sep. 30, 2018 USD ($) | Jun. 30, 2019 USD ($) | Jun. 30, 2018 USD ($) | Jun. 30, 2019 USD ($) officer | Jun. 30, 2018 USD ($) | Dec. 31, 2018 USD ($)
Commitments and contingencies |  |  |  |  |  |
Outstanding loan commitments to fund loans |  | $ 7,607,000 |  | $ 7,607,000 |  |
Future obligations under leases to fund tenant improvements and other future construction obligation |  | 9,716,000 |  | 9,716,000 |  |
Assets held-for-sale |  | 396,000 |  | 396,000 |  |
Restricted cash |  | 10,824,000 | $ 22,800,000 | 10,824,000 | $ 22,800,000 | $ 22,512,000
Right-of use asset |  | 234,000 |  | 234,000 |  |
Lease liability |  | 234,000 |  | 234,000 |  |
Rent expense |  | 79,000 |  | 155,000 |  |
Rent expense |  |  | $ 62,000 |  | $ 117,000 |
Minimum lease payments for remainder of fiscal year |  | 128,000 |  | 128,000 |  |
Minimum lease payments for year ended December 31, 2020 |  | $ 106,000 |  | $ 106,000 |  |
Employment agreements | Executive Officers |  |  |  |  |  |
Commitments and contingencies |  |  |  |  |  |
Number of officers covered under employment agreement | officer |  |  |  | 2 |  |
Multiplier used for the calculation of payments in the event of death of employee |  | 2 |  | 2 |  |
Multiplier used for the calculation of payments in the event of disability to employee |  | 1 |  | 1 |  |
Restricted Cash for Tenant Improvements |  |  |  |  |  |
Commitments and contingencies |  |  |  |  |  |
Restricted cash |  | $ 2,813,000 |  | $ 2,813,000 |  |
City and County of San Francisco Real Property Transfer Tax Case | Pending Litigation |  |  |  |  |  |
Commitments and contingencies |  |  |  |  |  |
Refund sought for penalties, interest and legal fees paid for real property transfer tax | $ 11,845,000 |  |  |  |  |

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