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FAIR VALUE OF FINANCIAL INSTRUMENTS - Fair Value of Financial Instruments Not Recorded at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands | Jun. 30, 2024 | Dec. 31, 2023
--- | --- | ---
Carrying Amount |  |
Liabilities: |  |
Mortgage payable | $ 163,700 | $ 163,700
Junior subordinated notes | 27,070 | 27,070
Carrying Amount | SBA 7(a) loans receivable, subject to credit risk |  |
Assets: |  |
Loans receivable | 12,963 | 10,539
Carrying Amount | SBA 7(a) loans receivable, subject to loan-backed notes |  |
Assets: |  |
Loans receivable | 39,859 | 43,263
Carrying Amount | SBA 7(a) loans receivable, subject to secured borrowings |  |
Assets: |  |
Loans receivable | 2,484 | 3,105
Carrying Amount | SBA 7(a) loans receivable, held for sale |  |
Assets: |  |
Loans receivable | 2,370 | 98
Estimated Fair Value | Fair Value, Measurements, Nonrecurring | Level 3 |  |
Liabilities: |  |
Mortgage payable | 159,279 | 158,529
Junior subordinated notes | 24,798 | 24,667
Estimated Fair Value | Fair Value, Measurements, Nonrecurring | Level 3 | SBA 7(a) loans receivable, subject to credit risk |  |
Assets: |  |
Loans receivable | 13,711 | 10,482
Estimated Fair Value | Fair Value, Measurements, Nonrecurring | Level 3 | SBA 7(a) loans receivable, subject to loan-backed notes |  |
Assets: |  |
Loans receivable | 41,927 | 46,701
Estimated Fair Value | Fair Value, Measurements, Nonrecurring | Level 3 | SBA 7(a) loans receivable, subject to secured borrowings |  |
Assets: |  |
Loans receivable | 2,484 | 3,105
Estimated Fair Value | Fair Value, Measurements, Nonrecurring | Level 3 | SBA 7(a) loans receivable, held for sale |  |
Assets: |  |
Loans receivable | $ 2,566 | $ 82

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