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Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2013	Aug. 02, 2013
Document Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2013
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	Q2
Trading Symbol	PCC
Entity Registrant Name	PMC COMMERCIAL TRUST /TX
Entity Central Index Key	0000908311
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		10,596,220

CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2013	Dec. 31, 2012
Loans receivable, net:
Commercial mortgage loans receivable	$ 115,535	$ 125,515
SBIC commercial mortgage loans receivable	54,861	47,153
SBA 7(a) loans receivable, subject to secured borrowings	37,007	38,349
SBA 7(a) loans receivable	27,713	27,974
Loans receivable, net	235,116	238,991
Cash and cash equivalents	6,127	1,230
Other assets	7,431	7,486
Total assets	248,674	247,707
Debt:
Secured borrowings - government guaranteed loans	39,545	41,008
Junior subordinated notes	27,070	27,070
SBIC debentures payable	23,190	17,190
Revolving credit facility	12,000	11,900
Debt	101,805	97,168
Borrower advances	3,712	5,942
Accounts payable and accrued expenses	2,998	4,078
Dividends payable	1,347	1,293
Total liabilities	109,862	108,481
Commitments and contingencies
Beneficiaries' equity:
Common shares of beneficial interest; authorized 100,000,000 shares of $0.01 par value; 11,132,549 and 11,125,883 shares issued at June 30, 2013 and December 31, 2012, respectively; 10,596,220 and 10,589,554 shares outstanding at June 30, 2013 and December 31, 2012, respectively	111	111
Additional paid-in capital	153,105	153,072
Net unrealized appreciation of retained interests in transferred assets	291	278
Cumulative net income	176,107	173,917
Cumulative dividends	(186,801)	(184,151)
Beneficiaries' equity before treasury stock	142,813	143,227
Less: Treasury stock; at cost, 536,329 shares at June 30, 2013 and December 31, 2012	(4,901)	(4,901)
Total beneficiaries' equity	137,912	138,326
Noncontrolling interests - cumulative preferred stock of subsidiary	900	900
Total equity	138,812	139,226
Total liabilities and equity	$ 248,674	$ 247,707

CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - $ / shares	Jun. 30, 2013	Dec. 31, 2012
Statement Of Financial Position [Abstract]
Common shares, par value	$ 0.01	$ 0.01
Common shares, shares authorized	100,000,000	100,000,000
Common shares, shares issued	11,132,549	11,125,883
Common shares, shares outstanding	10,596,220	10,589,554
Treasury stock, shares	536,329	536,329

CONSOLIDATED STATEMENTS OF INCOME (LOSS) (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Revenues:
Interest income	$ 3,455	$ 3,433	$ 6,926	$ 6,831
Premium income	723	278	1,543	391
Other income	306	253	530	529
Total revenues	4,484	3,964	8,999	7,751
Expenses:
Salaries and related benefits	1,098	1,115	2,117	2,259
Interest	896	876	1,708	1,759
General and administrative	697	538	1,339	998
Provision for loan losses, net	172	118	414	593
Transaction costs	393		393
Strategic alternatives		1,352		2,202
Total expenses	3,256	3,999	5,971	7,811
Income (loss) before income tax provision and discontinued operations, net of tax	1,228	(35)	3,028	(60)
Income tax provision	(308)	(58)	(590)	(39)
Income (loss) from continuing operations	920	(93)	2,438	(99)
Discontinued operations, net of tax	(74)	(322)	(248)	(471)
Net income (loss)	$ 846	$ (415)	$ 2,190	$ (570)
Weighted average shares outstanding:
Basic	10,596	10,586	10,594	10,581
Diluted	10,597	10,607	10,594	10,599
Basic and diluted earnings (loss) per share:
Income (loss) from continuing operations	$ 0.09	$ (0.01)	$ 0.23	$ (0.01)
Discontinued operations, net of tax	(0.01)	(0.03)	(0.02)	(0.04)
Net income (loss)	$ 0.08	$ (0.04)	$ 0.21	$ (0.05)

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Statement Of Income And Comprehensive Income [Abstract]
Net income (loss)	$ 846	$ (415)	$ 2,190	$ (570)
Change in unrealized appreciation of retained interests in transferred assets:
Net unrealized appreciation (depreciation) arising during period	21	(31)	58	(40)
Net realized gains included in net income (loss)	(22)	(30)	(45)	(66)
Change in unrealized appreciation of retained interests in transferred assets	(1)	(61)	13	(106)
Comprehensive income (loss)	$ 845	$ (476)	$ 2,203	$ (676)

- Definition

This item represents the net total realized and unrealized gain (loss) included in earnings for the period as a result of selling or holding marketable securities categorized as trading, available-for-sale, or held-to-maturity, including the unrealized holding gain (loss) of held-to-maturity securities transferred to the trading security category and the cumulative unrealized gain (loss) which was included in other comprehensive income (a separate component of shareholders' equity) for available-for-sale securities transferred to trading securities during the period. Additionally, this item would include any gains (losses) realized during the period from the sale of investments accounted for under the cost method of accounting and losses recognized for other than temporary impairments (OTTI) of the subject investments.

+ References + Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

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+ Details

CONSOLIDATED STATEMENTS OF EQUITY (Unaudited) - USD ($) $ in Thousands	Total	Common Shares of Beneficial Interest Outstanding [Member]	Additional Paid-in Capital [Member]	Net Unrealized Appreciation of Retained Interests in Transferred Assets [Member]	Cumulative Net Income [Member]	Cumulative Dividends [Member]	Treasury Stock [Member]	Cumulative Preferred Stock of Subsidiary [Member]
Beginning Balances at Dec. 31, 2011	$ 147,736	$ 111	$ 152,934	$ 394	$ 176,096	$ (177,798)	$ (4,901)	$ 900
Beginning Balances, shares at Dec. 31, 2011		10,574,554
Net unrealized (depreciation) appreciation	(106)			(106)
Share-based compensation expense	107		107
Share-based compensation expense, shares		15,000
Dividends ($0.32 and $0.25 per share for the period ended June 30, 2012 and 2013 respectively)	(3,388)					(3,388)
Net income (loss)	(570)				(570)
Ending Balances at Jun. 30, 2012	143,779	$ 111	153,041	288	175,526	(181,186)	(4,901)	900
Ending Balances, shares at Jun. 30, 2012		10,589,554
Beginning Balances at Dec. 31, 2012	$ 139,226	$ 111	153,072	278	173,917	(184,151)	(4,901)	900
Beginning Balances, shares at Dec. 31, 2012	10,589,554	10,589,554
Net unrealized (depreciation) appreciation	$ 13			13
Share-based compensation expense	33		33
Share-based compensation expense, shares		6,666
Dividends ($0.32 and $0.25 per share for the period ended June 30, 2012 and 2013 respectively)	(2,650)					(2,650)
Net income (loss)	2,190				2,190
Ending Balances at Jun. 30, 2013	$ 138,812	$ 111	$ 153,105	$ 291	$ 176,107	$ (186,801)	$ (4,901)	$ 900
Ending Balances, shares at Jun. 30, 2013	10,596,220	10,596,220

- Definition

+ References + Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

+ Details

CONSOLIDATED STATEMENTS OF EQUITY (Unaudited) (Parenthetical) - $ / shares	6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012
Cumulative Dividends [Member]
Dividends per share	$ 0.250	$ 0.320

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012
Cash flows from operating activities:
Net income (loss)	$ 2,190	$ (570)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Impairment losses	117	201
Net losses on sales of real estate	1
Deferred income taxes	64	(119)
Provision for loan losses, net	414	593
Allowance for accounts receivable	29
Unrealized premium adjustment	451	864
Amortization and accretion, net	(111)	(70)
Share-based compensation	33	107
Capitalized loan origination costs	(114)	(186)
Loans funded, held for sale	(11,222)	(13,564)
Proceeds from sale of guaranteed loans	13,670	4,181
Principal collected on loans	690	333
Loan fees remitted, net	(3)	(40)
Change in operating assets and liabilities:
Other assets	(430)	(446)
Borrower advances	(2,230)	948
Accounts payable and accrued expenses	(1,078)	883
Net cash provided by (used in) operating activities	2,471	(6,885)
Cash flows from investing activities:
Loans funded	(13,100)	(13,045)
Principal collected on loans	12,302	10,883
Principal collected on retained interests in transferred assets	47	56
Purchase of furniture and equipment	(1)	(11)
Proceeds from sales of real estate owned, net	560
Release of restricted cash and cash equivalents		2,233
Net cash provided by (used in) investing activities	(192)	116
Cash flows from financing activities:
Proceeds from revolving credit facility, net	100	3,200
Payment of principal on structured notes payable		(5,264)
Proceeds from issuance of SBIC debentures	6,000
Proceeds from secured borrowings-government guaranteed loans		7,336
Payment of principal on secured borrowings-government guaranteed loans	(690)	(333)
Payment of borrowing costs	(196)
Payment of dividends	(2,596)	(3,363)
Net cash provided by financing activities	2,618	1,576
Net increase (decrease) in cash and cash equivalents	4,897	(5,193)
Cash and cash equivalents, beginning of year	1,230	6,502
Cash and cash equivalents, end of period	$ 6,127	$ 1,309

Basis of Presentation	6 Months Ended
Basis of Presentation	Jun. 30, 2013
Accounting Policies [Abstract]
Basis of Presentation	Note 1. Basis of Presentation: The accompanying interim financial statements of PMC Commercial Trust (“PMC Commercial” or together with its wholly-owned subsidiaries, “we,” “us” or “our”) have not been audited by an independent registered public accounting firm. These consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information and with the instructions to Form 10-Q. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statement presentation. In the opinion of management, the financial statements include all normal recurring adjustments necessary for a fair statement of the results for the interim period. All material intercompany balances and transactions have been eliminated. The results for the three and six months ended June 30, 2013 are not necessarily indicative of future financial results. Therefore, these financial statements should be read in conjunction with the financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2012. The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect (1) the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and (2) the reported amounts of revenues and expenses during the period. Actual results could differ from those estimates. Our most sensitive estimates involve the valuation of our real estate owned and determination of loan loss reserves.

- Definition

The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

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+ Details

Reclassifications	6 Months Ended
Reclassifications	Jun. 30, 2013
Equity [Abstract]
Reclassifications	Note 2. Reclassifications: Certain prior period amounts have been reclassified to conform with the current period presentation. These reclassifications had no effect on previously report net income (loss) or cash flows.

- Definition

The entire disclosure for any adjustments made during the period to avoid double counting in comprehensive income items displayed as part of net income that also had been displayed as part of other comprehensive income in that period or earlier periods. These adjustments include reclassifications to net income of items in accumulated comprehensive income, such as deferred gains or losses on qualifying hedges when hedged item reported in net income, holding gains or losses on available-for-sale securities transferred into trading category, unrealized holding gains or losses on debt securities transferred from held-to-maturity category into available-for-sale category and accumulated translation adjustment attributable to foreign subsidiary or investment in foreign entity upon sale or liquidation.

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Loans Receivable, net

6 Months Ended

Jun. 30, 2013

Receivables [Abstract]

Loans Receivable, net

Note 3. Loans Receivable, net:

Loans receivable, net, consisted of the following:


	June 30,			December 31,
	2013			2012
	(In thousands)
Commercial mortgage loans	$	118,677		$	128,401
SBIC commercial mortgage loans		55,239			47,621
SBA 7(a) loans, subject to secured borrowings		36,585			37,909
SBA 7(a) loans		28,195			28,196

Total loans receivable		238,696			242,127
Adjusted by:
Deferred capitalized costs, net		247			277
Loan loss reserves		(3,827	)		(3,413	)

Loans receivable, net	$	235,116		$	238,991

Commercial mortgage loans

Represents the loans held by the parent company, PMC Commercial Trust.

SBIC commercial mortgage loans

Represents loans of our licensed Small Business Investment Company (“SBIC”) subsidiaries.

SBA 7(a) loans, subject to secured borrowings

Represents the government guaranteed portion of loans which were sold with the proceeds received from the sale reflected as secured borrowings – government guaranteed loans (a liability on our consolidated balance sheet). There is no credit risk associated with these loans since the SBA has guaranteed payment of the principal; therefore, no loan loss reserves are recorded on the $36.6 million and $37.9 million, respectively of government guaranteed portions of these SBA 7(a) loans included in loans receivable at June 30, 2013 and December 31, 2012.

SBA 7(a) loans

Represents the non-government guaranteed retained portion of loans originated under the SBA 7(a) program and the government guaranteed portion of loans that have not yet been fully funded or sold. The balance is net of retained loan discounts of $2.5 million and $2.1 million at June 30, 2013 and December 31, 2012, respectively.

Concentration Risks

We have certain concentrations of investments. Substantially all of our revenue is generated from loans collateralized by hospitality properties. At both June 30, 2013 and December 31, 2012, our loans were 94% concentrated in the hospitality industry. Any economic factors that negatively impact the hospitality industry, including recessions, depressed commercial real estate markets, travel restrictions, gasoline prices, bankruptcies or other political or geopolitical events, could have a material adverse effect on our financial condition and results of operations.

At June 30, 2013 and December 31, 2012, 13% and 15%, respectively, of our loans were collateralized by properties in Texas. No other state had a concentration of 10% or greater of our loans receivable at June 30, 2013 or December 31, 2012. A decline in economic conditions in any state in which we have a concentration of investments could have a material adverse effect on our financial condition and results of operations.

We have not loaned more than 10% of our assets to any single borrower; however, we have an affiliated group of obligors representing approximately 5% of our loans receivable at both June 30, 2013 and December 31, 2012. Any decline in the financial status of this group could have a material adverse effect on our financial condition and results of operations.

Aging

The following tables represent an aging of our Loans Receivable Subject to Credit Risk (loans receivable less SBA 7(a) loans, subject to secured borrowings as the SBA has guaranteed payment of the principal). Balances are prior to loan loss reserves and deferred capitalized costs, net.


June 30, 2013
Category	Totals				Commercial Mortgage Loans				SBA 7(a) Loans
	(Dollars in thousands)
Current (1)	$	196,083	97.0	%	$	168,554	96.9	%	$	27,529	97.6	%
Between 29 and 59 days delinquent		1,571	0.8	%		1,367	0.8	%		204	0.7	%
Between 60 and 89 days delinquent		1,080	0.5	%		954	0.6	%		126	0.5	%
Over 89 days delinquent (2)		3,377	1.7	%		3,041	1.7	%		336	1.2	%

	$	202,111	100.0	%	$	173,916	100.0	%	$	28,195	100.0	%

(1)

Includes $6.0 million of loans classified as troubled debt restructurings which were current at June 30, 2013 based on revised note terms.

(2)

Loans are classified as troubled debt restructurings. We foreclosed on the collateral underlying these three loans – limited service hospitality properties in July 2013.


December 31, 2012
Category	Totals				Commercial Mortgage Loans				SBA 7(a) Loans
	(Dollars in thousands)
Current (1)	$	198,282	97.1	%	$	170,429	96.8	%	$	27,853	98.8	%
Between 29 and 59 days delinquent		2,824	1.4	%		2,482	1.4	%		342	1.2	%
Between 60 and 89 days delinquent		1	—			—	—			1	—
Over 89 days delinquent		3,111	1.5	%		3,111	1.8	%		—	—

	$	204,218	100.0	%	$	176,022	100.0	%	$	28,196	100.0	%

(1)

Includes $7.6 million of loans classified as troubled debt restructurings which were current at December 31, 2012 based on revised note terms.

Loan Loss Reserves

Management closely monitors our loans which require evaluation for loan loss reserves based on specific identification metrics which are classified into three categories: Doubtful, Substandard and Other Assets Especially Mentioned (“OAEM”) (together “Specific Identification Loans”). Loans classified as Doubtful are generally loans which are not complying with their contractual terms, the collection of the balance of the principal is considered impaired and on which the fair value of the collateral is less than the remaining unamortized principal balance. These loans are typically placed on non-accrual status and are generally in the foreclosure process. Loans classified as Substandard are generally those loans that are either not complying or had previously not complied with their contractual terms and have other credit weaknesses which may make payment default or principal exposure likely but not yet certain. Loans classified as OAEM are generally loans for which the credit quality of the borrowers has temporarily deteriorated. Typically the borrowers are current on their payments; however, they may be delinquent on their property taxes, insurance, or franchise fees or may be under agreements which provide for interest only payments during a short period of time.

Management has classified our Loans Receivable Subject to Credit Risk as follows (balances represent our investment in the loans prior to loan loss reserves and deferred capitalized costs):


	June 30, 2013
	Totals		%			Commercial Mortgage Loans		%			SBA 7(a) Loans		%
	(Dollars in thousands)
Satisfactory	$	185,564		91.8	%	$	158,769		91.3	%	$	26,795		95.0	%
OAEM		1,874		0.9	%		1,404		0.8	%		470		1.7	%
Substandard		10,017		5.0	%		9,747		5.6	%		270		1.0	%
Doubtful		4,656		2.3	%		3,996		2.3	%		660		2.3	%

	$	202,111		100.0	%	$	173,916		100.0	%	$	28,195		100.0	%


	December 31, 2012
	Totals		%			Commercial Mortgage Loans		%			SBA 7(a) Loans		%
	(Dollars in thousands)
Satisfactory	$	187,749		92.0	%	$	159,994		90.9	%	$	27,755		98.5	%
OAEM		81		—			—		—			81		0.3	%
Substandard		13,043		6.4	%		12,917		7.3	%		126		0.4	%
Doubtful		3,345		1.6	%		3,111		1.8	%		234		0.8	%

	$	204,218		100.0	%	$	176,022		100.0	%	$	28,196		100.0	%

Our provision for loan losses (excluding reductions of loan losses) as a percentage of our weighted average outstanding Loans Receivable Subject to Credit Risk was 0.37% and 0.41% during the six months ended June 30, 2013 and 2012, respectively. To the extent one or several of our borrowers experience significant operating difficulties and we are forced to liquidate the collateral underlying the loan, future losses may be substantial.

The activity in our loan loss reserves was as follows:


	Six Months Ended June 30, 2013
	Total			Commercial Mortgage Loans			SBA 7(a) Loans
	(In thousands)
Balance, beginning of year	$	3,413		$	2,850		$	563
Provision for loan losses		758			494			264
Reduction of loan losses		(344	)		(342	)		(2	)

Balance, end of period	$	3,827		$	3,002		$	825


	Six Months Ended June 30, 2012
	Total			Commercial Mortgage Loans			SBA 7(a) Loans
	(In thousands)
Balance, beginning of year	$	1,812		$	1,329		$	483
Provision for loan losses		816			726			90
Reduction of loan losses		(223	)		(194	)		(29	)
Principal balances written-off		(799	)		(627	)		(172	)

Balance, end of period	$	1,606		$	1,234		$	372

Information on those loans considered to be impaired loans was as follows:


	June 30, 2013
	Total		Commercial Mortgage Loans		SBA 7(a) Loans
	(In thousands)
Impaired loans requiring reserves (1)	$	10,958	$	9,322	$	1,636
Impaired loans expected to be fully recoverable (1)		2,178		2,059		119

Total impaired loans (2)	$	13,136	$	11,381	$	1,755


Loan loss reserves	$	2,049	$	1,666	$	383


	December 31, 2012
	Total		Commercial Mortgage Loans		SBA 7(a) Loans
	(In thousands)
Impaired loans requiring reserves (1)	$	10,927	$	10,049	$	878
Impaired loans expected to be fully recoverable (1)		2,244		2,123		121

Total impaired loans (3)	$	13,171	$	12,172	$	999


Loan loss reserves	$	1,535	$	1,382	$	153

(1)

Balances represent our recorded investment. Includes loans classified as troubled debt restructurings.

(2)

The unpaid principal balance of our impaired commercial mortgage loans was $12,021,000 at June 30, 2013. The unpaid principal balance of our impaired SBA 7(a) loans (excluding the government guaranteed portion) was $863,000 at June 30, 2013.

(3)

The unpaid principal balance of our impaired commercial mortgage loans was $12,703,000 at December 31, 2012. The unpaid principal balance of our impaired SBA 7(a) loans (excluding the government guaranteed portion) was $362,000 at December 31, 2012.


	Three Months Ended June 30, 2013						Three Months Ended June 30, 2012
	Total		Commercial Mortgage Loans		SBA 7(a) Loans		Total		Commercial Mortgage Loans		SBA 7(a) Loans
	(In thousands)
Average impaired loans	$	13,195	$	11,442	$	1,753	$	8,221	$	7,731	$	490


Interest income on impaired loans	$	101	$	84	$	17	$	98	$	96	$	2


	Six Months Ended June 30, 2013						Six Months Ended June 30, 2012
	Total		Commercial Mortgage Loans		SBA 7(a) Loans		Total		Commercial Mortgage Loans		SBA 7(a) Loans
	(In thousands)
Average impaired loans	$	13,120	$	11,621	$	1,499	$	8,237	$	7,726	$	511


Interest income on impaired loans	$	210	$	173	$	37	$	187	$	182	$	5

Our recorded investment in Non-Accrual Loans at June 30, 2013 of $6,941,000 was comprised of $1,583,000 of SBA 7(a) loans and $5,358,000 of commercial mortgage loans. Included within the SBA 7(a) loans at June 30, 2013 was a government guaranteed portion of $1,123,000 (i.e., one loan had a related secured borrowing as it was sold as a hybrid) on which we have no credit loss exposure. At June 30, 2013, we were in the process of foreclosing on the collateral underlying the majority of these loans. Our recorded investment in Non-Accrual Loans at December 31, 2012 of $5,768,000 was comprised of an $855,000 SBA 7(a) loan and $4,913,000 of commercial mortgage loans. Included within the SBA 7(a) loan at December 31, 2012 was the government guaranteed portion of $634,000 (i.e., the loan had a related secured borrowing as it was sold as a hybrid) on which we have no credit loss exposure. We did not have any loans receivable past due 90 days or more which were accruing interest at June 30, 2013 or December 31, 2012.

Our troubled debt restructurings include loans with a recorded investment at June 30, 2013 of $4.1 million which were modified voluntarily under agreements to allow extended interest only periods instead of the principal and interest payments required by the notes. In addition, loans with a recorded investment at June 30, 2013 of $5.8 million were modified involuntarily through Chapter 11 bankruptcy proceedings. The bankruptcy plans were confirmed with modified terms including extended interest only and amortization periods or modification of timing of payments combined with interest rate adjustments. Of our troubled debt restructurings, loans with a recorded investment of $8.4 million are no longer complying with their modified terms, including lack of required payments at June 30, 2013. A payment default is defined as a payment that becomes at least 30 days past due after the date the loan was restructured and/or non-payment or lack of timely payment of other loan related obligations such as real estate taxes.

Detailed information on our troubled debt restructurings was as follows:


	June 30, 2013
	Commercial Mortgage Loans				SBA 7(a) Loan
	Recorded Investment		Unpaid Principal Balance		Recorded Investment		Unpaid Principal Balance
	(In thousands)
Troubled debt restructurings requiring reserves (1)	$	9,303	$	9,913	$	210	$	235
Troubled debt restructurings without reserves		2,063		2,108		—		—

Total troubled debt restructurings	$	11,366	$	12,021	$	210	$	235


Number of loans		8				1


Loan loss reserves	$	1,666			$	135


	December 31, 2012
	Commercial Mortgage Loans				SBA 7(a) Loan
	Recorded Investment		Unpaid Principal Balance		Recorded Investment		Unpaid Principal Balance
	(In thousands)
Troubled debt restructurings requiring reserves (1)	$	10,049	$	10,531	$	854	$	846
Troubled debt restructurings without reserves		2,123		2,172		—		—

Total troubled debt restructurings	$	12,172	$	12,703	$	854	$	846


Number of loans		8				1


Loan loss reserves	$	1,382			$	130

(1)

At December 31, 2012, the SBA 7(a) loan recorded investment and unpaid principal balance include the government guaranteed portion of $634,000 on which we have no credit loss exposure. However, during 2013, the government guaranteed portion of $634,000 was reclassified from secured borrowings to loans receivable, net, representing a non-cash transaction since it was repurchased by the SBA from the secondary market. Therefore, at June 30, 2013, the SBA 7(a) loan recorded investment and unpaid principal balance do not include the government guaranteed portion of $634,000.

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

+ References + Details

Other Assets

6 Months Ended

Jun. 30, 2013

Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]

Other Assets

Note 4. Other Assets:

Other assets consisted of the following:


	June 30, 2013		December 31, 2012
	(In thousands)
Deferred tax asset, net	$	1,562	$	1,626
Servicing asset, net		1,464		1,261
Deferred borrowing costs, net		1,374		1,218
Investment in a variable interest entity		827		820
Interest receivable		778		620
Retained interests in transferred assets		739		773
Prepaid expenses and deposits		371		330
Real estate owned		—		739
Other		316		99

	$	7,431	$	7,486

Debt

6 Months Ended

Jun. 30, 2013

Debt Disclosure [Abstract]

Debt

Note 5. Debt:

Information on our debt was as follows:


					Weighted Average Coupon Rate at
	June 30, 2013		December 31, 2012		June 30, 2013			December 31, 2012
	(Dollars in thousands, except footnotes)

Secured borrowings - government guaranteed loans:
Loans sold for a premium and excess spread - principal	$	30,802	$	32,062		4.09	%		4.09	%
Loans sold for a premium and excess spread - deferred premiums		2,960		3,099		NA			NA
Loans sold for excess spread		5,783		5,847		1.58	%		1.58	%

		39,545		41,008

Junior subordinated notes		27,070		27,070		3.53	%		3.61	%
Debentures payable (1)		23,190		17,190		4.06	%		4.47	%
Revolving credit facility (2)		12,000		11,900		2.61	%		2.30	%

Debt	$	101,805	$	97,168

(1)

Our SBIC subsidiaries issued a total of $6.0 million of debentures in March 2013 at an interest rate of 2.351% plus an annual fee of 0.515%. The debentures mature in 10 years and have semi-annual interest only payments until maturity.

(2)

Proceeds on the revolving credit facility were $27,200,000 and $20,600,000 during the six months ended June 30, 2013 and 2012, respectively. Repayments on the revolving credit facility were $27,100,000 and $17,400,000 during the six months ended June 30, 2013 and 2012, respectively.

Principal payments on, and estimated amortization of, our debt at June 30, 2013 was as follows:


Twelve Months Ending June 30,			Secured Borrowings
Twelve Months Ending June 30,	Total		Principal (1)		Deferred Premiums (2)		All Other Debt (3)
	(In thousands)
2014	$	18,619	$	2,176	$	253	$	16,190
2015		5,244		1,098		146		4,000
2016		1,281		1,135		146		—
2017		1,322		1,176		146		—
2018		1,365		1,219		146		—
Thereafter		73,974		29,781		2,123		42,070

	$	101,805	$	36,585	$	2,960	$	62,260

(1)

Principal payments are generally dependent upon cash flows received from the underlying loans. Our estimate of their repayment is based on scheduled principal payments on the underlying loans. Our estimate will differ from actual amounts to the extent we experience prepayments and/or loan liquidations or charge-offs. No payment is due unless payments are received from the borrowers on the underlying loans.

(2)

Represents cash premiums collected on loans sold for excess spread and a cash premium of 10% which are amortized as a reduction to interest expense over the life of the loan. Our estimate of their amortization will differ from actual amounts to the extent we experience prepayments and/or loan liquidations or charge-offs.

(3)

Represents the revolving credit facility, junior subordinated notes and debentures payable.

Share-Based Compensation Plans	6 Months Ended
Share-Based Compensation Plans	Jun. 30, 2013
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Share-Based Compensation Plans	Note 6. Share-Based Compensation Plans: We granted 30,000 option awards on June 8, 2012 at an exercise price of $7.80 (the then current market price) and recorded compensation expense of $12,000 during the three and six months ended June 30, 2012. We issued an aggregate of 5,000 shares to the Board of Trust Managers on June 8, 2012 at the then current market price of the shares of $7.80. These shares vested immediately upon issuance. We recorded compensation expense of $39,000 during the three and six months ended June 30, 2012 related to these shares. We issued an aggregate of 6,666 shares to our executive officers on March 14, 2013 at the then current market price of the shares of $7.22 (the closing price on March 13, 2013). We issued an aggregate of 10,000 shares to our executive officers on March 12, 2012 at the then current market price of the shares of $7.27 (the closing price on March 9, 2012). The restricted shares vest based on two years of continuous service with one-third of the shares vesting immediately upon issuance of the shares and one-third vesting at the end of each of the next two years. Restricted share awards provide for accelerated vesting if there is a change in control (as defined in the plan). Compensation expense related to the restricted shares is being recognized over the vesting periods. We recorded compensation expense of $8,000 and $16,000 during the three months ended June 30, 2013 and 2012, respectively, and $33,000 and $56,000 during the six months ended June 30, 2013 and 2012, respectively, related to restricted shares. As of June 30, 2013, there was $29,000 of total unrecognized compensation expense related to restricted shares which will be recognized over the next two years.

Other Income

6 Months Ended

Jun. 30, 2013

Other Income And Expenses [Abstract]

Other Income

Note 7. Other Income:

Other income consisted of the following:


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2013		2012		2013		2012
	(In thousands)
Servicing income	$	162	$	113	$	266	$	238
Prepayment fees		50		—		50		19
Retained interests in transferred assets		40		51		81		105
Loan related income - other		28		63		80		110
Other		26		26		53		57

	$	306	$	253	$	530	$	529

Discontinued Operations, Net of Tax

6 Months Ended

Jun. 30, 2013

Discontinued Operations And Disposal Groups [Abstract]

Discontinued Operations, Net of Tax

Note 8. Discontinued Operations, Net of Tax:

Discontinued operations, net of tax, consisted of the following:


	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2013			2012			2013			2012
	(In thousands)
Net operating losses	$	(75	)	$	(139	)	$	(140	)	$	(270	)
Impairment losses		(8	)		(183	)		(117	)		(201	)
Net loss on sale of real estate		(1	)		—			(1	)		—
Income tax benefit		10			—			10			—

Discontinued operations, net of tax	$	(74	)	$	(322	)	$	(248	)	$	(471	)

Net operating losses relate to the operations and holding costs of our real estate owned included in discontinued operations. During the second quarter of 2013, we sold the properties comprising our real estate owned for cash proceeds with a minimal net loss. During July 2013, we foreclosed on the underlying collateral (limited service hospitality properties) of three loans with an estimated fair value at foreclosure of $2.3 million. We sold one of these properties in July 2013 for $1,175,000, received cash proceeds of $200,000 and financed the remainder. No gain or loss was recorded on the transaction.

Impairment losses represent declines in the estimated fair value of our real estate owned subsequent to initial valuation.

- Definition

The entire disclosure for the facts and circumstances leading to the completed or expected disposal, manner and timing of disposal, the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the segment in which the disposal group was reported, and the classification (whether sold or classified as held for sale) and carrying value of the assets and liabilities comprising the disposal group. Includes all disposal groups, including those classified as components of the entity (discontinued operations).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1436-107760

Reference 2: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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Reference 6: http://www.xbrl.org/2003/role/presentationRef
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
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Reference 8: http://www.xbrl.org/2003/role/presentationRef
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
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-URI http://asc.fasb.org/extlink&oid=6391110&loc=d3e2941-110230

+ Details

Earnings (Loss) Per Share ("EPS")	6 Months Ended
Earnings (Loss) Per Share ("EPS")	Jun. 30, 2013
Earnings Per Share [Abstract]
Earnings (Loss) Per Share ("EPS")	Note 9. Earnings (Loss) Per Share (“EPS”): The computations of basic EPS are based on our weighted average shares outstanding. During the three months ended June 30, 2013, the weighted average shares outstanding were increased by 1,000 shares to reflect the dilutive effect of share options. No shares were added to the weighted average shares outstanding for purposes of calculating diluted EPS during the six months ended June 30, 2013 as options were anti-dilutive. During the three and six months ended June 30, 2012, the weighted average shares outstanding were increased by 21,000 and 18,000 shares, respectively, to reflect the dilutive effect of share options. Not included in the computation of diluted EPS were outstanding options to purchase 69,000 common shares during both the three months ended June 30, 2013 and 2012 and 99,000 and 69,000 common shares during the six months ended June 30, 2013 and 2012, respectively, because the options’ exercise prices were greater than the average market price of the shares.

Dividends Declared

6 Months Ended

Jun. 30, 2013

Equity [Abstract]

Dividends Declared

Note 10. Dividends Declared:

Dividends declared during 2013 were as follows:


		Amount
Record Date	Date Paid	Per Share
March 28, 2013	April 8, 2013	$	0.125
June 28, 2013	July 8, 2013		0.125

		$	0.250

During 2013, due primarily to deductibility of severance expenses and realized losses on our foreclosure properties, we anticipate a taxable loss. Thus, all or a portion of our dividends will be deemed non-taxable returns of capital.

Pursuant to the merger agreement, we are limited to quarterly dividends of $0.125 per share until the merger is completed.

We have a covenant within our revolving credit facility that may limit our ability to pay out returns of capital as dividends. This restriction has not historically limited the amount of dividends we have paid and management does not believe that it will restrict future dividend payments.

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(d),(e))
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-Paragraph 2
-Subparagraph (SAB TOPIC 4.E)
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Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Preferred Stock
-URI http://asc.fasb.org/extlink&oid=6521494

Reference 12: http://www.xbrl.org/2003/role/presentationRef
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-Number 210
-Section 08
-Paragraph d
-Article 4

Reference 15: http://www.xbrl.org/2003/role/presentationRef
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Reference 16: http://www.xbrl.org/2003/role/presentationRef
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-Number 210
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Reference 19: http://www.xbrl.org/2003/role/presentationRef
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+ Details

Fair Value Measurements

6 Months Ended

Jun. 30, 2013

Fair Value Disclosures [Abstract]

Fair Value Measurements

Note 11. Fair Value Measurements:

For impaired loans measured at fair value on a nonrecurring basis during the six months ended June 30, 2013 and 2012, the following table provides the estimated fair value of the related individual assets. We used Level 3 inputs to determine the estimated fair value of our impaired loans as follows:


	June 30, 2013		December 31, 2012
	(In thousands)
Impaired loans (1)	$	11,087	$	11,637

(1)

Determined based on management’s assessment of the estimated fair value of the collateral based on numerous factors including operating statistics to the extent available, appraised value of the collateral, tax assessed value and market environment.

Our retained interests in transferred assets (“Retained Interests”) are recorded at estimated fair value measured on a recurring basis using Level 3 inputs. In determining the estimated fair value of our Retained Interests, we use a present value technique with assumptions of prepayment tendencies and a current discount rate. The prepayment rate used was 15% at both June 30, 2013 and December 31, 2012. The discount rates used were 12.4% at June 30, 2013 and 11.7% at December 31, 2012. No credit losses are assumed for our Retained Interests since the SBA has guaranteed the principal on these loans. The estimated fair value of our Retained Interests at June 30, 2013 and December 31, 2012 was $739,000 and $773,000, respectively.

For real estate owned, our carrying value approximates the estimated fair value at the time of foreclosure and the lower of cost or fair value thereafter. We use Level 3 inputs to determine the estimated fair value of our real estate owned. The carrying value of our real estate owned is established at the time of foreclosure based upon management’s assessment of its fair value based on numerous factors including operating statistics to the extent available, the appraised value, tax assessed value and market environment. The estimated fair value of our real estate owned at December 31, 2012 was $739,000.

The estimated fair values of our financial instruments (not recorded at fair value on our consolidated balance sheets) were as follows:


	June 30, 2013				December 31, 2012
	Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value		Level
	(In thousands)
Assets:
Loans Receivable Subject to Credit Risk	$	198,109	$	180,165	$	200,642	$	181,112		3
SBA 7(a) loans receivable, subject to secured borrowings		37,007		41,553		38,349		43,096		3

Liabilities:
SBIC debentures		23,190		22,948		17,190		18,027		3
Secured borrowings - government guaranteed loans		39,545		39,545		41,008		41,008		3
Revolving credit facility		12,000		12,000		11,900		11,900		3
Junior subordinated notes		27,070		25,174		27,070		22,592		3

We used Level 3 inputs to determine the estimated fair value of our financial instruments. In general, estimates of fair value differ from the carrying amounts of the financial assets and liabilities primarily as a result of the effects of discounting future cash flows. Considerable judgment is required to interpret market data and develop estimates of fair value. Accordingly, the estimates presented may not be indicative of the amounts we could realize in a current market exchange.

Loans Receivable Subject to Credit Risk: Our loans receivable are recorded at cost and adjusted by net loan origination fees and discounts. In order to determine the estimated fair value of our loans receivable, we use a present value technique for the anticipated future cash flows using certain assumptions including a discount rate based on current market interest rates, prepayment tendencies and potential loan losses. Significant increases (decreases) in any of these inputs in isolation would result in a significantly lower (higher) fair value measurement. In the absence of a readily ascertainable market value, the estimated value of our loans receivable will differ from the values that would be placed on the portfolio if a ready market for the loans receivable existed.

SBA 7(a) loans receivable, subject to secured borrowings: Represents the government guaranteed portion of loans which were sold with the proceeds received from the sale reflected as secured borrowings – government guaranteed loans (a liability on our consolidated balance sheet). There is no credit risk associated with these loans since the SBA has guaranteed payment of the principal. In order to determine the estimated fair value of our loans receivable, we use a present value technique for the anticipated future cash flows using certain assumptions including a discount rate based on current market interest rates taking into consideration the lack of credit risk and prepayment tendencies.

SBIC debentures payable and junior subordinated notes: The estimated fair value is based on a present value calculation based on management’s estimate of prices of the same or similar instruments after considering market risks, current interest rates, and remaining maturities.

Secured borrowings – government guaranteed loans: The estimated fair value approximates cost as the interest rates on these secured borrowings approximates current market interest rates. Includes the unamortized deferred cash premiums collected on the sale of the government guaranteed portions of the loans.

Revolving credit facility: The carrying amount is a reasonable estimation of fair value as the interest rate on this instrument is variable and is at a current market interest rate.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Commitments and Contingencies

6 Months Ended

Jun. 30, 2013

Commitments And Contingencies Disclosure [Abstract]

Commitments and Contingencies

Note 12. Commitments and Contingencies:

Loan Commitments

Commitments to extend credit are agreements to lend to a customer provided the terms established in the contract are met. Our outstanding loan commitments and approvals to fund loans were $20.9 million at June 30, 2013, of which $18.1 million were for prime-based loans to be originated by our SBA 7(a) subsidiary, the government guaranteed portion of which is intended to be sold. Commitments generally have fixed expiration dates. Since some commitments are expected to expire without being drawn upon, total commitment amounts do not necessarily represent future cash requirements.

Operating Lease

We lease office space in Dallas, Texas under a lease which expires in February 2015. Future minimum lease payments are as follows:


Twelve Months Ending June 30,	Total
	(In thousands)
2014	$	214
2015		146

	$	360

Employment Agreements

We have employment agreements with our two executive officers for three-year terms expiring December 31, 2015. Under certain circumstances, as defined within the agreements, the agreements provide for (1) severance compensation or change in control payments to the executive officer in an amount equal to 2.99 times the average of the last three years annual compensation paid to the executive officer and (2) death and disability payments in an amount equal to two times and one time, respectively, the annual salary paid to the executive officer.

Litigation

In the normal course of business we are periodically party to certain legal actions and proceedings involving matters that are generally incidental to our business (i.e., collection of loans receivable). In management’s opinion, the resolution of these legal actions and proceedings will not have a material adverse effect on our consolidated financial statements.

SBA Related

If the SBA establishes that a loss on an SBA guaranteed loan is attributable to significant technical deficiencies in the manner in which the loan was originated, funded or serviced by our SBLC, the SBA may seek recovery of the principal loss related to the deficiency from us. With respect to the guaranteed portion of SBA loans that have been sold, the SBA will first honor its guarantee and then seek compensation from us in the event that a loss is deemed to be attributable to technical deficiencies. Based on historical experience, we do not expect that this contingency is probable to be asserted. However, if asserted, it could be material to the financial statements.

In certain instances, including liquidation or charge-off of an SBA guaranteed loan, we typically have a receivable for the SBA’s guaranteed portion of legal fees, operating expenses, property taxes paid, etc. related to the loan or the collateral (upon foreclosure). While we believe expenses incurred were justified and necessary for the care and preservation of the collateral and within the established rules of the SBA, there can be no assurance that the SBA will reimburse us. In addition, reimbursement from the SBA is a time consuming and lengthy process and the SBA may seek compensation from us related to reimbursement of expenses which it does not believe were necessary for the care and preservation of the loan or its collateral. Although the SBA has never declined to reimburse us for its portion of material expenses, no assurance can be given that the SBA would not do so in the future. We have evaluated our SBA receivables and believe that our financial statements fairly reflect these receivables at their appropriate net realizable value.

Merger Agreement:	6 Months Ended
Merger Agreement:	Jun. 30, 2013
Business Combinations [Abstract]
Merger Agreement:	Note 13. Merger Agreement: On July 8, 2013, PMC Commercial entered into a merger agreement with CIM Urban REIT, LLC (“CIM Urban REIT”) and subsidiaries of the respective parties. CIM Urban REIT is a private commercial REIT with Class A commercial real estate assets located in premier urban markets throughout the United States. The merger and other transactions were unanimously approved by both PMC Commercial’s Board of Trust Managers and CIM Urban REIT’s Director. Pursuant to the merger agreement, CIM Urban REIT and its affiliates will receive approximately 22.0 million newly-issued PMC Commercial common shares of beneficial interest and approximately 65.0 million newly-issued PMC Commercial preferred shares. Each preferred share will be convertible into seven common shares of beneficial interest, resulting in the issuance of approximately 477.2 million common shares of beneficial interest in the merger and other transactions. This will represent approximately 97.8% of PMC Commercial’s outstanding shares. All PMC Commercial common shares of beneficial interest that are outstanding immediately prior to the transactions will remain outstanding following the transactions. In addition, PMC Commercial shareholders of record at the close of the business day prior to the closing of the transactions will receive a special cash dividend of $5.50 per common share of beneficial interest, to be paid shortly after closing. The “go-shop” period provided pursuant to the terms of the merger agreement, which has expired, did not result in any alternative acquisition proposals. Following the expiration of the go-shop period, PMC Commercial became subject to customary “no-shop” covenants which prohibit it from soliciting alternative acquisition proposals from third parties, but permit it to respond to any unsolicited alternative acquisition proposal that meets certain conditions. Based on an arrangement with CIM Urban REIT, legal and due diligence expenses related to the potential merger incurred during a certain period of time were reimbursable. As of June 30, 2013 we had incurred $460,000 of costs and had been reimbursed $290,000 by CIM Urban REIT. The remainder of these costs were reimbursed in July 2013. Under certain circumstances, if the potential merger does not occur, we may be required to pay CIM Urban REIT a termination fee equal to $4.0 million plus reimburse CIM Urban REIT for certain of its out-of-pocket expenses up to $700,000 (excludes the expenses reimbursed by CIM Urban REIT). The merger and other transactions are subject to certain customary closing conditions, including the approval of PMC Commercial’s shareholders and other third parties and consent of the SBA. The transactions are expected to be completed during the fourth quarter of 2013.

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1497-128463

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1490-128463

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e7008-128479

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1486-128463

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e6927-128479

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4845-128472

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
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-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1500-128463

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1524-128463

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e7000-128479

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
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-Paragraph 2
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Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
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-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4926-128472

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1383-128463

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e6996-128479

+ Details

Loans Receivable, net (Tables)

6 Months Ended

Jun. 30, 2013

Receivables [Abstract]

Loans Receivables, Net

Loans receivable, net, consisted of the following:


	June 30,			December 31,
	2013			2012
	(In thousands)
Commercial mortgage loans	$	118,677		$	128,401
SBIC commercial mortgage loans		55,239			47,621
SBA 7(a) loans, subject to secured borrowings		36,585			37,909
SBA 7(a) loans		28,195			28,196

Total loans receivable		238,696			242,127
Adjusted by:
Deferred capitalized costs, net		247			277
Loan loss reserves		(3,827	)		(3,413	)

Loans receivable, net	$	235,116		$	238,991

Aging of Loans Receivable


June 30, 2013
Category	Totals				Commercial Mortgage Loans				SBA 7(a) Loans
	(Dollars in thousands)
Current (1)	$	196,083	97.0	%	$	168,554	96.9	%	$	27,529	97.6	%
Between 29 and 59 days delinquent		1,571	0.8	%		1,367	0.8	%		204	0.7	%
Between 60 and 89 days delinquent		1,080	0.5	%		954	0.6	%		126	0.5	%
Over 89 days delinquent (2)		3,377	1.7	%		3,041	1.7	%		336	1.2	%

	$	202,111	100.0	%	$	173,916	100.0	%	$	28,195	100.0	%

(1)

Includes $6.0 million of loans classified as troubled debt restructurings which were current at June 30, 2013 based on revised note terms.

(2)

Loans are classified as troubled debt restructurings. We foreclosed on the collateral underlying these three loans—limited service hospitality properties in July 2013.


December 31, 2012
Category	Totals				Commercial Mortgage Loans				SBA 7(a) Loans
	(Dollars in thousands)
Current (1)	$	198,282	97.1	%	$	170,429	96.8	%	$	27,853	98.8	%
Between 29 and 59 days delinquent		2,824	1.4	%		2,482	1.4	%		342	1.2	%
Between 60 and 89 days delinquent		1	—			—	—			1	—
Over 89 days delinquent		3,111	1.5	%		3,111	1.8	%		—	—

	$	204,218	100.0	%	$	176,022	100.0	%	$	28,196	100.0	%

(1)

Includes $7.6 million of loans classified as troubled debt restructurings which were current at December 31, 2012 based on revised note terms.

Classified Loans Receivable

Management has classified our Loans Receivable Subject to Credit Risk as follows (balances represent our investment in the loans prior to loan loss reserves and deferred capitalized costs):


	June 30, 2013
	Totals		%			Commercial Mortgage Loans		%			SBA 7(a) Loans		%
	(Dollars in thousands)
Satisfactory	$	185,564		91.8	%	$	158,769		91.3	%	$	26,795		95.0	%
OAEM		1,874		0.9	%		1,404		0.8	%		470		1.7	%
Substandard		10,017		5.0	%		9,747		5.6	%		270		1.0	%
Doubtful		4,656		2.3	%		3,996		2.3	%		660		2.3	%

	$	202,111		100.0	%	$	173,916		100.0	%	$	28,195		100.0	%


	December 31, 2012
	Totals		%			Commercial Mortgage Loans		%			SBA 7(a) Loans		%
	(Dollars in thousands)
Satisfactory	$	187,749		92.0	%	$	159,994		90.9	%	$	27,755		98.5	%
OAEM		81		—			—		—			81		0.3	%
Substandard		13,043		6.4	%		12,917		7.3	%		126		0.4	%
Doubtful		3,345		1.6	%		3,111		1.8	%		234		0.8	%

	$	204,218		100.0	%	$	176,022		100.0	%	$	28,196		100.0	%

Loan Loss Reserves

The activity in our loan loss reserves was as follows:


	Six Months Ended June 30, 2013
	Total			Commercial Mortgage Loans			SBA 7(a) Loans
	(In thousands)
Balance, beginning of year	$	3,413		$	2,850		$	563
Provision for loan losses		758			494			264
Reduction of loan losses		(344	)		(342	)		(2	)

Balance, end of period	$	3,827		$	3,002		$	825


	Six Months Ended June 30, 2012
	Total			Commercial Mortgage Loans			SBA 7(a) Loans
	(In thousands)
Balance, beginning of year	$	1,812		$	1,329		$	483
Provision for loan losses		816			726			90
Reduction of loan losses		(223	)		(194	)		(29	)
Principal balances written-off		(799	)		(627	)		(172	)

Balance, end of period	$	1,606		$	1,234		$	372

Loans Considered to be Impaired Loans

Information on those loans considered to be impaired loans was as follows:


	June 30, 2013
	Total		Commercial Mortgage Loans		SBA 7(a) Loans
	(In thousands)
Impaired loans requiring reserves (1)	$	10,958	$	9,322	$	1,636
Impaired loans expected to be fully recoverable (1)		2,178		2,059		119

Total impaired loans (2)	$	13,136	$	11,381	$	1,755

Loan loss reserves	$	2,049	$	1,666	$	383


	December 31, 2012
	Total		Commercial Mortgage Loans		SBA 7(a) Loans
	(In thousands)
Impaired loans requiring reserves (1)	$	10,927	$	10,049	$	878
Impaired loans expected to be fully recoverable (1)		2,244		2,123		121

Total impaired loans (3)	$	13,171	$	12,172	$	999

Loan loss reserves	$	1,535	$	1,382	$	153

(1)

Balances represent our recorded investment. Includes loans classified as troubled debt restructurings.

(2)

(3)


	Three Months Ended June 30, 2013						Three Months Ended June 30, 2012
	Total		Commercial Mortgage Loans		SBA 7(a) Loans		Total		Commercial Mortgage Loans		SBA 7(a) Loans
	(In thousands)
Average impaired loans	$	13,195	$	11,442	$	1,753	$	8,221	$	7,731	$	490

Interest income on impaired loans	$	101	$	84	$	17	$	98	$	96	$	2


	Six Months Ended June 30, 2013						Six Months Ended June 30, 2012
	Total		Commercial Mortgage Loans		SBA 7(a) Loans		Total		Commercial Mortgage Loans		SBA 7(a) Loans
	(In thousands)
Average impaired loans	$	13,120	$	11,621	$	1,499	$	8,237	$	7,726	$	511

Interest income on impaired loans	$	210	$	173	$	37	$	187	$	182	$	5

Troubled Debt Restructurings

Detailed information on our troubled debt restructurings was as follows:


	June 30, 2013
	Commercial Mortgage Loans				SBA 7(a) Loan
	Recorded Investment		Unpaid Principal Balance		Recorded Investment		Unpaid Principal Balance
	(In thousands)
Troubled debt restructurings requiring reserves (1)	$	9,303	$	9,913	$	210	$	235
Troubled debt restructurings without reserves		2,063		2,108		—		—

Total troubled debt restructurings	$	11,366	$	12,021	$	210	$	235

Number of loans		8				1

Loan loss reserves	$	1,666			$	135


	December 31, 2012
	Commercial Mortgage Loans				SBA 7(a) Loan
	Recorded Investment		Unpaid Principal Balance		Recorded Investment		Unpaid Principal Balance
	(In thousands)
Troubled debt restructurings requiring reserves (1)	$	10,049	$	10,531	$	854	$	846
Troubled debt restructurings without reserves		2,123		2,172		—		—

Total troubled debt restructurings	$	12,172	$	12,703	$	854	$	846

Number of loans		8				1

Loan loss reserves	$	1,382			$	130

(1)

Other Assets (Tables)

6 Months Ended

Jun. 30, 2013

Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]

Other Assets

Other assets consisted of the following:


	June 30, 2013		December 31, 2012
	(In thousands)
Deferred tax asset, net	$	1,562	$	1,626
Servicing asset, net		1,464		1,261
Deferred borrowing costs, net		1,374		1,218
Investment in a variable interest entity		827		820
Interest receivable		778		620
Retained interests in transferred assets		739		773
Prepaid expenses and deposits		371		330
Real estate owned		—		739
Other		316		99

	$	7,431	$	7,486

Debt (Tables)

6 Months Ended

Jun. 30, 2013

Debt Disclosure [Abstract]

Summary of Debt

Information on our debt was as follows:


					Weighted Average Coupon Rate at
	June 30, 2013		December 31, 2012		June 30, 2013			December 31, 2012
	(Dollars in thousands, except footnotes)

Secured borrowings - government guaranteed loans:
Loans sold for a premium and excess spread - principal	$	30,802	$	32,062		4.09	%		4.09	%
Loans sold for a premium and excess spread - deferred premiums		2,960		3,099		NA			NA
Loans sold for excess spread		5,783		5,847		1.58	%		1.58	%

		39,545		41,008

Junior subordinated notes		27,070		27,070		3.53	%		3.61	%
Debentures payable (1)		23,190		17,190		4.06	%		4.47	%
Revolving credit facility (2)		12,000		11,900		2.61	%		2.30	%

Debt	$	101,805	$	97,168

(1)

(2)

Principal Payments on, and Estimated Amortization on Debt

Principal payments on, and estimated amortization of, our debt at June 30, 2013 was as follows:


Twelve Months Ending June 30,			Secured Borrowings
Twelve Months Ending June 30,	Total		Principal (1)		Deferred Premiums (2)		All Other Debt (3)
	(In thousands)
2014	$	18,619	$	2,176	$	253	$	16,190
2015		5,244		1,098		146		4,000
2016		1,281		1,135		146		—
2017		1,322		1,176		146		—
2018		1,365		1,219		146		—
Thereafter		73,974		29,781		2,123		42,070

	$	101,805	$	36,585	$	2,960	$	62,260

(1)

(2)

(3)

Represents the revolving credit facility, junior subordinated notes and debentures payable.

Other Income (Tables)

6 Months Ended

Jun. 30, 2013

Other Income And Expenses [Abstract]

Summary of Other Income

Other income consisted of the following:


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2013		2012		2013		2012
	(In thousands)
Servicing income	$	162	$	113	$	266	$	238
Prepayment fees		50		—		50		19
Retained interests in transferred assets		40		51		81		105
Loan related income - other		28		63		80		110
Other		26		26		53		57

	$	306	$	253	$	530	$	529

Discontinued Operations, Net of Tax (Tables)

6 Months Ended

Jun. 30, 2013

Discontinued Operations And Disposal Groups [Abstract]

Summary of Discontinued Operations

Discontinued operations, net of tax, consisted of the following:


	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2013			2012			2013			2012
	(In thousands)
Net operating losses	$	(75	)	$	(139	)	$	(140	)	$	(270	)
Impairment losses		(8	)		(183	)		(117	)		(201	)
Net loss on sale of real estate		(1	)		—			(1	)		—
Income tax benefit		10			—			10			—

Discontinued operations, net of tax	$	(74	)	$	(322	)	$	(248	)	$	(471	)

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

+ References + Details

Dividends Declared (Tables)

6 Months Ended

Jun. 30, 2013

Equity [Abstract]

Schedule of Dividends Declared

Dividends declared during 2013 were as follows:


		Amount
Record Date	Date Paid	Per Share
March 28, 2013	April 8, 2013	$	0.125
June 28, 2013	July 8, 2013		0.125

		$	0.250

Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2013

Fair Value Disclosures [Abstract]

Impaired Loans Measured at Fair Value on Nonrecurring Basis

The following table provides the estimated fair value of the related individual assets. We used Level 3 inputs to determine the estimated fair value of our impaired loans as follows:


	June 30, 2013		December 31, 2012
	(In thousands)
Impaired loans (1)	$	11,087	$	11,637

(1)

Estimated Fair Values of Financial Instruments

The estimated fair values of our financial instruments (not recorded at fair value on our consolidated balance sheets) were as follows:


	June 30, 2013				December 31, 2012
	Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value		Level
	(In thousands)
Assets:
Loans Receivable Subject to Credit Risk	$	198,109	$	180,165	$	200,642	$	181,112		3
SBA 7(a) loans receivable, subject to secured borrowings		37,007		41,553		38,349		43,096		3
Liabilities:
SBIC debentures		23,190		22,948		17,190		18,027		3
Secured borrowings - government guaranteed loans		39,545		39,545		41,008		41,008		3
Revolving credit facility		12,000		12,000		11,900		11,900		3
Junior subordinated notes		27,070		25,174		27,070		22,592		3

Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2013

Commitments And Contingencies Disclosure [Abstract]

Future Minimum Lease Payments

Future minimum lease payments are as follows:


Twelve Months Ending June 30,	Total
	(In thousands)
2014	$	214
2015		146

	$	360

Loans Receivable, net - Loans Receivables, Net (Detail) - USD ($) $ in Thousands	Jun. 30, 2013	Dec. 31, 2012
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans receivable	$ 238,696	$ 242,127
Adjusted by:
Deferred capitalized costs, net	247	277
Loan loss reserves	(3,827)	(3,413)
Loans receivable, net	235,116	238,991
Commercial mortgage loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Commercial mortgage loans	118,677	128,401
SBIC commercial mortgage loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
SBIC commercial mortgage loans	55,239	47,621
SBA 7(a) loans, subject to secured borrowings [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
SBA 7(a) loans, subject to secured borrowings	36,585	37,909
SBA 7(a) Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
SBA 7(a) loans	$ 28,195	$ 28,196

Loans Receivable, net - Additional Information (Detail) - USD ($)	6 Months Ended		12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Dec. 31, 2012
Financing Receivable, Recorded Investment, Past Due [Line Items]
Concentrations of investments in hospitality industry	94.00%		94.00%
Loans collateralized by properties	13.00%		15.00%
State loan receivable concentration	10.00%		10.00%
Maximum loans receivable single borrower	10.00%		10.00%
Loans receivable affiliated group of obligors	5.00%		5.00%
Provision for loan losses	0.37%	0.41%
Recorded investment in non accrual loans	$ 6,941,000		$ 5,768,000
Government guaranteed portion of loan related secured borrowing on non accrual status	1,123,000		634,000
Loans receivable past due 90 days or more which were accruing interest	$ 0		$ 0
Loans receivable past due	90 days		90 days
Voluntary modification of loans recorded investment	$ 4,100,000
Involuntary modification due to bankruptcy loans recorded investment	5,800,000
Modified loans no longer complying with their terms	8,400,000
SBA 7(a) Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Balance of SBA 7(a) loans, net of retained loans discount	2,500,000		$ 2,100,000
Recorded investment in non accrual loans	1,583,000		855,000
SBA 7(a) loans, subject to secured borrowings [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
SBA 7(a) loans, subject to secured borrowings	36,585,000		37,909,000
Commercial Loan [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Recorded investment in commercial mortgage non accrual loans	$ 5,358,000		$ 4,913,000

Loans Receivable, net - Aging of Loans Receivable (Detail) - USD ($) $ in Thousands	Jun. 30, 2013	Dec. 31, 2012
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current	$ 196,083	$ 198,282
Between 29 and 59 days delinquent	1,571	2,824
Between 60 and 89 days delinquent	1,080	1
Over 89 days delinquent	3,377	3,111
Loans receivable, gross, excluding secured borrowings	$ 202,111	$ 204,218
Current	97.00%	97.10%
Between 29 and 59 days delinquent	0.80%	1.40%
Between 60 and 89 days delinquent	0.50%
Over 89 days delinquent	1.70%	1.50%
Aging of loans receivable percent	100.00%	100.00%
Commercial Mortgage Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current	$ 168,554	$ 170,429
Between 29 and 59 days delinquent	1,367	2,482
Between 60 and 89 days delinquent	954
Over 89 days delinquent	3,041	3,111
Loans receivable, gross, commercial mortgage loans	$ 173,916	$ 176,022
Current	96.90%	96.80%
Between 29 and 59 days delinquent	0.80%	1.40%
Between 60 and 89 days delinquent	0.60%
Over 89 days delinquent	1.70%	1.80%
Aging of loans receivable percent	100.00%	100.00%
SBA 7(a) Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current	$ 27,529	$ 27,853
Between 29 and 59 days delinquent	204	342
Between 60 and 89 days delinquent	126	1
Over 89 days delinquent	336
SBA 7(a) loans receivable, gross, excluding secured borrowings	$ 28,195	$ 28,196
Current	97.60%	98.80%
Between 29 and 59 days delinquent	0.70%	1.20%
Between 60 and 89 days delinquent	0.50%
Over 89 days delinquent	1.20%
Aging of loans receivable percent	100.00%	100.00%

Loans Receivable, net - Aging of Loans Receivable (Parenthetical) (Detail) $ in Millions	Jul. 31, 2013 Property	Jun. 30, 2013 USD ($)	Dec. 31, 2012 USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Troubled debt restructurings current \| $		$ 6.0	$ 7.6
Subsequent Event [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of limited service hospitality properties foreclosed \| Property	3

Loans Receivable, net - Loan Loss Reserves (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance, beginning of year	$ 3,413	$ 1,812
Provision for loan losses	758	816
Reduction of loan losses	(344)	(223)
Principal balances written-off		(799)
Balance, end of period	3,827	1,606
Commercial Mortgage Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance, beginning of year	2,850	1,329
Provision for loan losses	494	726
Reduction of loan losses	(342)	(194)
Principal balances written-off		(627)
Balance, end of period	3,002	1,234
SBA 7(a) Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance, beginning of year	563	483
Provision for loan losses	264	90
Reduction of loan losses	(2)	(29)
Principal balances written-off		(172)
Balance, end of period	$ 825	$ 372

Loans Receivable, net - Loans Considered to be Impaired Loans (Detail) - USD ($) $ in Thousands	Jun. 30, 2013	Dec. 31, 2012
Financing Receivable, Impaired [Line Items]
Impaired loans requiring reserves	$ 10,958	$ 10,927
Impaired loans expected to be fully recoverable	2,178	2,244
Total impaired loans	13,136	13,171
Loan loss reserves	2,049	1,535
SBA 7(a) Loans [Member]
Financing Receivable, Impaired [Line Items]
Impaired loans requiring reserves	1,636	878
Impaired loans expected to be fully recoverable	119	121
Total impaired loans	1,755	999
Loan loss reserves	383	153
Commercial Mortgage Loans [Member]
Financing Receivable, Impaired [Line Items]
Impaired loans requiring reserves	9,322	10,049
Impaired loans expected to be fully recoverable	2,059	2,123
Total impaired loans	11,381	12,172
Loan loss reserves	$ 1,666	$ 1,382

Loans Receivable, net - Loans Considered to be Impaired Loans (Parenthetical) (Detail) - USD ($)	Jun. 30, 2013	Dec. 31, 2012
Commercial Loan [Member]
Financing Receivable, Impaired [Line Items]
Unpaid principal balance of our impaired commercial mortgage loans	$ 12,021,000	$ 12,703,000
SBA 7(a) Loans [Member]
Financing Receivable, Impaired [Line Items]
Unpaid principal balance of our impaired SBA 7(a) loans (excluding the government guaranteed portion)	$ 863,000	$ 362,000

Loans Receivable, net - Component of Impaired loans (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Financing Receivable, Modifications [Line Items]
Average impaired loans	$ 13,195	$ 8,221	$ 13,120	$ 8,237
Interest income on impaired loans	101	98	210	187
Commercial Mortgage Loans [Member]
Financing Receivable, Modifications [Line Items]
Average impaired loans	11,442	7,731	11,621	7,726
Interest income on impaired loans	84	96	173	182
SBA 7(a) Loans [Member]
Financing Receivable, Modifications [Line Items]
Average impaired loans	1,753	490	1,499	511
Interest income on impaired loans	$ 17	$ 2	$ 37	$ 5

Loans Receivable, net - Troubled Debt Restructurings (Detail) $ in Thousands	Jun. 30, 2013 USD ($) SecurityLoan	Dec. 31, 2012 USD ($) SecurityLoan	Jun. 30, 2012 USD ($)	Dec. 31, 2011 USD ($)
Financing Receivable, Modifications [Line Items]
Loan loss reserves	$ 3,827	$ 3,413	$ 1,606	$ 1,812
Commercial Mortgage Loans [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings requiring reserves, Recorded Investment	9,303	10,049
Troubled debt restructurings without reserves, Recorded Investment	2,063	2,123
Total troubled debt restructurings, Recorded Investment	$ 11,366	$ 12,172
Number of loans \| SecurityLoan	8	8
Loan loss reserves	$ 1,666	$ 1,382
Troubled debt restructurings requiring reserves, Unpaid Principal Balance	9,913	10,531
Troubled debt restructurings without reserves, Unpaid Principal Balance	2,108	2,172
Total troubled debt restructurings, Unpaid Principal Balance	12,021	12,703
SBA 7(a) Loans [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings requiring reserves, Recorded Investment	210	854
Troubled debt restructurings without reserves, Recorded Investment
Total troubled debt restructurings, Recorded Investment	$ 210	$ 854
Number of loans \| SecurityLoan	1	1
Loan loss reserves	$ 135	$ 130
Troubled debt restructurings requiring reserves, Unpaid Principal Balance	235	846
Troubled debt restructurings without reserves, Unpaid Principal Balance
Total troubled debt restructurings, Unpaid Principal Balance	$ 235	$ 846

Loans Receivable, net - Troubled Debt Restructurings (Parenthetical) (Detail) - USD ($)	Jun. 30, 2013	Dec. 31, 2012
Receivables [Abstract]
Government guaranteed portion of loan related secured borrowing on non accrual status	$ 1,123,000	$ 634,000

Other Assets - Other Assets (Detail) - USD ($) $ in Thousands	Jun. 30, 2013	Dec. 31, 2012
Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]
Deferred tax asset, net	$ 1,562	$ 1,626
Servicing asset, net	1,464	1,261
Deferred borrowing costs, net	1,374	1,218
Investment in a variable interest entity	827	820
Interest receivable	778	620
Retained interests in transferred assets	739	773
Prepaid expenses and deposits	371	330
Real estate owned		739
Other	316	99
Other Assets, Total	$ 7,431	$ 7,486

Debt - Summary of Debt (Detail) - USD ($) $ in Thousands	Jun. 30, 2013	Dec. 31, 2012
Summary of Debt
Secured borrowings - government guaranteed loans	$ 39,545	$ 41,008
Junior subordinated notes	27,070	27,070
SBIC debentures payable	23,190	17,190
Revolving credit facility	12,000	11,900
Debt	101,805	97,168
Loans sold for premium and excess spread - principal [Member]
Summary of Debt
Secured borrowings - government guaranteed loans	$ 30,802	$ 32,062
Weighted Average Coupon Rate	4.09%	4.09%
Loans sold for a premiums and excess spread - deferred premiums [Member]
Summary of Debt
Secured borrowings - government guaranteed loans	$ 2,960	$ 3,099
Weighted Average Coupon Rate
Loans sold for excess spread [Member]
Summary of Debt
Secured borrowings - government guaranteed loans	$ 5,783	$ 5,847
Weighted Average Coupon Rate	1.58%	1.58%
Junior subordinated notes [Member]
Summary of Debt
Weighted Average Coupon Rate	3.53%	3.61%
Debentures payable [Member]
Summary of Debt
Weighted Average Coupon Rate	4.06%	4.47%
Revolving credit facility [Member]
Summary of Debt
Weighted Average Coupon Rate	2.61%	2.30%

Debt - Summary of Debt (Parenthetical) (Detail) - USD ($)	3 Months Ended	6 Months Ended
	Mar. 31, 2013	Jun. 30, 2013	Jun. 30, 2012
Debt Instrument [Line Items]
Total debt		$ 101,805,000
Proceeds on revolving credit facility		27,200,000	$ 20,600,000
Repayments on revolving credit facility		$ 27,100,000	$ 17,400,000
Debenture [Member]
Debt Instrument [Line Items]
Total debt	$ 6,000,000
SBIC debenture interest rate	2.351%
Annual fees	0.515%
Debenture maturity period	10 years

Debt - Principal Payments on, and Estimated Amortization on Debt (Detail) $ in Thousands	Jun. 30, 2013 USD ($)
Debt Instrument [Line Items]
2014	$ 18,619
2015	5,244
2016	1,281
2017	1,322
2018	1,365
Thereafter	73,974
Total principal payments on debt	101,805
Secured Borrowings Principal [Member]
Debt Instrument [Line Items]
2014	2,176
2015	1,098
2016	1,135
2017	1,176
2018	1,219
Thereafter	29,781
Total principal payments on debt	36,585
Secured Borrowings Deferred Premiums [Member]
Debt Instrument [Line Items]
2014	253
2015	146
2016	146
2017	146
2018	146
Thereafter	2,123
Total principal payments on debt	2,960
All Other Debt [Member]
Debt Instrument [Line Items]
2014	16,190
2015	4,000
2016
2017
2018
Thereafter	42,070
Total principal payments on debt	$ 62,260

Debt - Principal Payments on, and Estimated Amortization on Debt (Parenthetical) (Detail)	6 Months Ended
	Jun. 30, 2013
Secured Borrowings [Member]
Debt Instrument [Line Items]
Rate of cash premium	10.00%

Share-Based Compensation Plans - Additional Information (Detail) - USD ($)	1 Months Ended	3 Months Ended			6 Months Ended
	Jun. 08, 2012	Jun. 30, 2013	Mar. 31, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012	Mar. 14, 2013	Mar. 12, 2012
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Shares granted for option award	30,000
Exercised price of shares granted for option award	$ 7.80
Restricted shares issued to the Board of Trust Managers	5,000
Compensation expenses option award				$ 12,000		$ 12,000
Compensation expenses shares vested				39,000		39,000
Current market price of shares issued to the Board of Trust Managers	$ 7.80
Restricted shares issued to executive officer							6,666	10,000
Current Market price of restricted shares issued to executive officer							$ 7.22	$ 7.27
Terms of Award			Restricted shares vest based on two years of continuous service with one-third of the shares vesting immediately upon issuance of the shares and one-third vesting at the end of each of the next two years.
Compensation expense		$ 33,000		$ 16,000	$ 8,000	$ 56,000
Total Unrecognized Compensation expenses restricted shares		$ 29,000			$ 29,000
Vesting period					2 years
Cost recognized to the restricted shares (in years)					2 years

Other Income - Summary of Other Income (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Other Income And Expenses [Abstract]
Servicing income	$ 162	$ 113	$ 266	$ 238
Prepayment fees	50		50	19
Retained interests in transferred assets	40	51	81	105
Loan related income - other	28	63	80	110
Other	26	26	53	57
Other income	$ 306	$ 253	$ 530	$ 529

Discontinued Operations, Net of Tax - Summary of Discontinued Operations (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Discontinued Operations And Disposal Groups [Abstract]
Net operating losses	$ (75)	$ (139)	$ (140)	$ (270)
Impairment losses	(8)	(183)	(117)	(201)
Net loss on sale of real estate	(1)		(1)
Income tax benefit	10		10
Discontinued operations, net of tax	$ (74)	$ (322)	$ (248)	$ (471)

Discontinued Operations, Net of Tax - Additional Information (Detail) - USD ($)	1 Months Ended	6 Months Ended
	Jul. 31, 2013	Jun. 30, 2013
Schedule Of Discontinued Operations [Line Items]
Estimated fair value of collateral on foreclosed loans		$ 2,300,000
Subsequent Event [Member]
Schedule Of Discontinued Operations [Line Items]
Property sold	$ 1,175,000
Proceeds from the sale of assets	$ 200,000

Earnings (Loss) Per Share ("EPS") - Additional Information (Detail) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Earnings Per Share [Abstract]
Weighted average diluted shares outstanding increased	1,000	21,000	0	18,000
Stock options not exercised	69,000	69,000	99,000	69,000

Dividends Declared - Schedule of Dividends Declared (Detail) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Mar. 31, 2013	Jun. 30, 2013
Equity [Abstract]
Record Date	Jun. 28, 2013	Mar. 28, 2013
Date Paid	Jul. 08, 2013	Apr. 08, 2013
Amount per share	$ 0.125	$ 0.125	$ 0.250

Dividends Declared - Additional Information (Detail) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Mar. 31, 2013	Jun. 30, 2013
Supplemental Cash Flow Elements [Abstract]
Amount per share	$ 0.125	$ 0.125	$ 0.250

Fair Value Measurements - Impaired Loans Measured at Fair Value on Nonrecurring Basis (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2013	Dec. 31, 2012
Fair Value Disclosures [Abstract]
Impaired loans	$ 11,087	$ 11,637

Fair Value Measurements - Additional Information (Detail) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2013	Dec. 31, 2012
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Estimated fair value of real estate owned		$ 739,000
Level 3 inputs [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Prepayment rate	15.00%	15.00%
Discount rate	12.40%	11.70%
Estimated Fair Value [Member] \| Level 3 inputs [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Estimated fair value of retained interests	$ 739,000	$ 773,000

Fair Value Measurements - Estimated Fair Values of Financial Instruments (Detail) - USD ($) $ in Thousands	Jun. 30, 2013	Dec. 31, 2012
Assets:
SBA 7(a) loans receivable, subject to secured borrowings	$ 37,007	$ 38,349
Liabilities:
Secured borrowings - government guaranteed loans	39,545	41,008
Revolving credit facility	12,000	11,900
Junior subordinated notes	27,070	27,070
Carrying Amount [Member] \| Level 3 inputs [Member]
Assets:
Loans Receivable Subject to Credit Risk	198,109	200,642
SBA 7(a) loans receivable, subject to secured borrowings	37,007	38,349
Liabilities:
SBIC debentures	23,190	17,190
Secured borrowings - government guaranteed loans	39,545	41,008
Revolving credit facility	12,000	11,900
Junior subordinated notes	27,070	27,070
Estimated Fair Value [Member] \| Level 3 inputs [Member]
Assets:
Loans Receivable Subject to Credit Risk	180,165	181,112
SBA 7(a) loans receivable, subject to secured borrowings	41,553	43,096
Liabilities:
SBIC debentures	22,948	18,027
Secured borrowings - government guaranteed loans	39,545	41,008
Revolving credit facility	12,000	11,900
Junior subordinated notes	$ 25,174	$ 22,592

Commitments and Contingencies - Additional Information (Detail) $ in Millions	6 Months Ended
	Jun. 30, 2013 USD ($) Payment Employees
Commitments And Contingencies Disclosure [Abstract]
Outstanding loan commitments and approvals to fund loans \| $	$ 20.9
Prime-based loans \| $	$ 18.1
Lease expiration date of office space in Dallas, Texas	Feb. 01, 2015
Employment agreements with executive officer expiration date	Dec. 31, 2015
Severance compensation paid in terms of annual compensation	2.99 times the average of the last three years
Death payments in terms of annual salary paid \| Payment	2
Disability payments in terms of annual salary paid \| Payment	1
Number of employees covered under employee agreement \| Employees	2
Employment agreement term	3 years

Commitments and Contingencies - Future Minimum Lease Payments (Detail) $ in Thousands	Jun. 30, 2013 USD ($)
Commitments And Contingencies Disclosure [Abstract]
2014	$ 214
2015	146
Future Minimum Lease Payments, Total	$ 360

Merger Agreement - Additional Information (Detail) - USD ($)	1 Months Ended	6 Months Ended
	Jul. 08, 2013	Jun. 30, 2013
CIM Urban REIT[Member]
Business Combination Transactions [Line Items]
Reimbursable legal and due diligence costs in relation to merger		$ 460,000
Legal and due diligence cost reimbursed		$ 290,000
Subsequent Event [Member]
Business Combination Transactions [Line Items]
Special cash dividend received	$ 5.50
Subsequent Event [Member] \| CIM Urban REIT[Member]
Business Combination Transactions [Line Items]
Newly issued common shares	22,000,000
Newly issued preferred shares	65,000,000
Total common shares to be issued pursuant to merger	477,200,000
Percentage of shares outstanding	97.80%
Number of preferred shares converted to common stock shares	7
Termination fee	$ 4,000,000
Subsequent Event [Member] \| CIM Urban REIT[Member] \| Maximum [Member]
Business Combination Transactions [Line Items]
Out-of-pocket expenses to be paid	$ 700,000

Loans Receivable, net - Classified Loans Receivable (Detail) - USD ($) $ in Thousands	Jun. 30, 2013	Dec. 31, 2012
Financing Receivable, Recorded Investment [Line Items]
Loans receivable, gross, excluding secured borrowings	$ 202,111	$ 204,218
Percentage of loan receivable in aggregate loan receivable	100.00%	100.00%
Satisfactory [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable, gross, excluding secured borrowings	$ 185,564	$ 187,749
Percentage of loan receivable in aggregate loan receivable	91.80%	92.00%
OAEM [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable, gross, excluding secured borrowings	$ 1,874	$ 81
Percentage of loan receivable in aggregate loan receivable	0.90%
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable, gross, excluding secured borrowings	$ 10,017	$ 13,043
Percentage of loan receivable in aggregate loan receivable	5.00%	6.40%
Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable, gross, excluding secured borrowings	$ 4,656	$ 3,345
Percentage of loan receivable in aggregate loan receivable	2.30%	1.60%
Commercial Mortgage Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable, gross, commercial mortgage loans	$ 173,916	$ 176,022
Percentage of loan receivable in aggregate loan receivable	100.00%	100.00%
Commercial Mortgage Loans [Member] \| Satisfactory [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable, gross, commercial mortgage loans	$ 158,769	$ 159,994
Percentage of loan receivable in aggregate loan receivable	91.30%	90.90%
Commercial Mortgage Loans [Member] \| OAEM [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable, gross, commercial mortgage loans	$ 1,404
Percentage of loan receivable in aggregate loan receivable	0.80%
Commercial Mortgage Loans [Member] \| Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable, gross, commercial mortgage loans	$ 9,747	$ 12,917
Percentage of loan receivable in aggregate loan receivable	5.60%	7.30%
Commercial Mortgage Loans [Member] \| Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable, gross, commercial mortgage loans	$ 3,996	$ 3,111
Percentage of loan receivable in aggregate loan receivable	2.30%	1.80%
SBA 7(a) Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
SBA 7(a) loans receivable, gross, excluding secured borrowings	$ 28,195	$ 28,196
Percentage of loan receivable in aggregate loan receivable	100.00%	100.00%
SBA 7(a) Loans [Member] \| Satisfactory [Member]
Financing Receivable, Recorded Investment [Line Items]
SBA 7(a) loans receivable, gross, excluding secured borrowings	$ 26,795	$ 27,755
Percentage of loan receivable in aggregate loan receivable	95.00%	98.50%
SBA 7(a) Loans [Member] \| OAEM [Member]
Financing Receivable, Recorded Investment [Line Items]
SBA 7(a) loans receivable, gross, excluding secured borrowings	$ 470	$ 81
Percentage of loan receivable in aggregate loan receivable	1.70%	0.30%
SBA 7(a) Loans [Member] \| Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
SBA 7(a) loans receivable, gross, excluding secured borrowings	$ 270	$ 126
Percentage of loan receivable in aggregate loan receivable	1.00%	0.40%
SBA 7(a) Loans [Member] \| Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
SBA 7(a) loans receivable, gross, excluding secured borrowings	$ 660	$ 234
Percentage of loan receivable in aggregate loan receivable	2.30%	0.80%