| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 |
|---|---|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||||||
Net Income (Loss) Attributable to Parent | ||||||||||
1,666 | 1,313 | 2,056 | 894 | 578 | 185 | -63 | -781 | -949 | -1,058 | -238 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: | ||||||||||
Share based compensation | ||||||||||
42 | 44 | 80 | 185 | 35 | 81 | 140 | 189 | 20 | 182 | 0 |
Amortization of deferred financing costs | ||||||||||
119 | 111 | 277 | 125 | 100 | 98 | 81 | 65 | 38 | 0 | 0 |
Amortization of loan origination and exit fees | ||||||||||
462 | 364 | 651 | 388 | 294 | 151 | 113 | 32 | 0 | 0 | 0 |
Changes in operating assets and liabilities: | ||||||||||
Accrued interest receivable | ||||||||||
231 | 121 | -158 | 186 | 339 | 51 | 227 | 66 | 0 | 0 | 0 |
Prepaid expenses and other assets | ||||||||||
-28 | -33 | -45 | 20 | -111 | 136 | 6 | 23 | -34 | 259 | 0 |
Accounts payable, accrued liabilities and deposits | ||||||||||
-185 | 252 | -326 | -36 | 186 | 363 | -95 | -62 | 432 | 226 | 75 |
Due to related persons | ||||||||||
-331 | 30 | -45 | 20 | 126 | -111 | 203 | 888 | -360 | -639 | -115 |
Net cash provided by operating activities | ||||||||||
1,308 | 1,238 | 1,684 | 554 | 251 | 500 | -486 | -1,598 | -65 | -270 | -48 |
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||||||
Origination of loans held for investment | ||||||||||
25,738 | 30,740 | 0 | 74,957 | 44,105 | 54,029 | 53,316 | 28,203 | 0 | 0 | 0 |
Additional funding of loans held for investment | ||||||||||
3,176 | 3,433 | 1,466 | 2,701 | 668 | 0 | -221 | 221 | 0 | - | - |
Net cash used in investing activities | ||||||||||
-28,914 | -34,173 | 52,144 | -77,658 | -44,773 | -54,029 | -53,095 | -28,424 | 0 | 0 | 0 |
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||||||
Proceeds from master repurchase facility | ||||||||||
30,806 | 34,283 | 0 | 61,117 | 31,866 | 50,999 | 21,583 | 0 | 0 | 0 | 0 |
Proceeds from note payable | ||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 |
Payments of deferred financing costs | ||||||||||
53 | 12 | 6 | 340 | 1 | 333 | 275 | 4 | 766 | 0 | 0 |
Proceeds from issuance of common shares, net | ||||||||||
- | - | - | - | - | - | - | - | - | 0 | 62,002 |
Repurchase of common shares | ||||||||||
2 | 2 | 31 | 6 | 0 | - | - | - | - | - | - |
Distributions | ||||||||||
1,813 | 1,813 | 1,802 | 702 | 350 | 0 | 0 | 0 | 0 | - | - |
Net cash provided by financing activities | ||||||||||
28,938 | 32,456 | -55,941 | 74,243 | 31,515 | 50,663 | 52,973 | -4 | -766 | -18 | 62,002 |
Increase (decrease) in cash, cash equivalents and restricted cash | ||||||||||
1,332 | -479 | -2,113 | -2,861 | -13,007 | - | - | - | - | - | - |
Decrease in cash, cash equivalents and restricted cash | ||||||||||
- | - | - | - | - | - | - | - | -831 | - | 61,954 |
SUPPLEMENTAL DISCLOSURES: | ||||||||||
Interest paid | ||||||||||
1,660 | 1,295 | 1,825 | 1,813 | 1,336 | 642 | 382 | 0 | 0 | - | - |