Commercial Loan [Member]
Class of Financing Receivable [Axis]
BMH Loan
Mortgage Loans on Real Estate, Loan Type [Axis]
BMH Lots
BMH Interest Escrow
BMH Loan Fee
IMA Loans
New IMA Loan (loan fee)
New IMA Loan (advances)
IMA Existing Loan
Unearned Loan Fee
SF Loan Payable
Carrying Amount
Fair Value, Hierarchy [Axis]
Estimated Fair Value
Quoted Prices in Active Markets for Identical Assets Level 1
Significant Other Observable Inputs Level 2
Significant Unobservable Inputs Level 3
A Common Units
Capital Units by Class [Axis]
A Units
B Units
Voting Member
Affiliate Loans
DebtInstrument [Axis]
Notes Program
BMH Land
Pass
Financial Instrument [Axis]
Special Mention
Classified - accruing
Classified - nonaccrual
Members Capital
Total BMH Loan
New IMA Loan Loan Fee
New IMA Loan Loan Advances
Total IMA Loans
Loan Commitments [Member]
Concentration Risk Benchmark [Axis]
Lot 5 Hamlets
Excess Paydown
Whispering Pines
Construction loan lot 2 Tuscany
Construction loan lot 5 Tuscany
Land for phases 3, 4, and 5
BMH Lots
Land for phases 4 and 5
BMH Excess Paydown
BMH Construction Loan Lot 118 Whispering Pines
BMH Construction Loan Lot 5 Tuscany
BMH Construction Loan Lot 2 Tuscany
Pennsylvania
Real Estate Development
Georgia
Colorado
Louisiana
New Jersey
Pennsylvania
South Carolina
Total
Pennsylvania
Bill Myrick [Member]
Related Party Transaction [Axis]
R Scott Summers [Member]
Walach Family Irrevocable Educational Trust [Member]
David And Carole Wallach [Member]
Colarado
Florida
BMH Construction Loan Lot 2 Windermere
Pennsylvania
Document And Entity Information
Entity Registrant Name
Entity Central Index Key
Document Type
Document Period End Date
Amendment Flag
Current Fiscal Year End Date
Is Entity a Well-known Seasoned Issuer?
Is Entity a Voluntary Filer?
Is Entity's Reporting Status Current?
Entity Filer Category
Entity Public Float
Entity Common Stock, Shares Outstanding
Document Fiscal Period Focus
Document Fiscal Year Focus
Statement of Financial Position [Abstract]
Assets
Cash and cash equivalents
Accrued interest on loans
Deferred financing costs, net
Other assets
Loans receivable, net
Total assets
Liabilities and Members' Capital
Customer interest escrow
Accounts payable and accrued expenses
Notes payable unsecured
Total liabilities
Commitments and Contingencies (Notes 4 and 8)
Members' capital
Total liabilities and members' capital
Income Statement [Abstract]
Interest Income
Interest and fee income on loans
Interest expense
Net interest income
Less: Loan loss provision
Net interest income
Non-Interest Expense
Selling, general and administrative
Total non interest expense
Net income (loss)
Interim Condensed Consolidated Statement Of Changes In Members Capital
Members' capital, beginning balance
Net income
Distributions to members
Members' capital, ending balance
Statement of Cash Flows [Abstract]
Cash flows from operations
Net income (loss)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Amortization of deferred financing costs
Provision for loan losses
Net loan origination fees deferred (earned)
Net change in operating assets and liabilities
Other assets
Accrued interest on loans
Customer interest escrow
Accounts payable and accrued expenses
Net cash provided by (used in) operating activities
Cash flows from investing activities
Loan originations and principal collections, net
Net cash provided by (used in) investing activities
Cash flows from financing activities
Distributions to members
Proceeds from (repayments of) related party notes
Proceeds from unsecured Notes
Repayments of unsecured Notes
Payments of deferred financing costs
Net cash provided by (used in) financing activities
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents
Beginning of period
End of period
Supplemental disclosure of cash flow information
Cash paid for interest
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business and Basis of Presentation
Accounting Policies [Abstract]
2. Summary of Significant Accounting Policies
Fair Value Disclosures [Abstract]
3. Fair Value
Receivables [Abstract]
4. Financing Receivables
Debt Disclosure [Abstract]
5. Borrowings
Members Capital
6. Members' Capital
Related Party Transactions [Abstract]
7. Related Party Transactions
Commitments and Contingencies Disclosure [Abstract]
8. Commitments and Contingencies
Subsequent Events [Abstract]
9. Subsequent Events
Segment Reporting
Use of Estimates
Revenue Recognition
Advertising
Cash and Cash Equivalents
Fair Value Measurements
Loans Receivable
Allowance for Loan Losses
Deferred Financing Costs, Net
Income Taxes
Risks and Uncertainties
Conentrations
Roll forward of deferred financing cost
Schedule of accumulated amortization of deferred financing costs
Fair value measurements
Financing Receivables
Roll forward of commercial loans
Detail of financing receivables
Commercial Loans - Real Estate Development Loan Portfolio Summary
Commercial Loans - Construction Loan Porfolio Summary
Finance receivables by classification
Impairment calculation method
Origination of notes
Maturity of outstanding notes
Members Capital Tables
Members' Capital
Related Party Transactions Tables
Schedule of Notes Payable and Interest Expense, Related Parties
Proceeds from notes payable
Loan commitment percentage from largest borrower
Interest escrow amount
Cash on hand
Total debt outstanding, unsecured
Amount not loaned but obligated
Rollforward of deferred financing costs
Deferred financing costs, beginning balance
Additions
Write-offs
Deferred financing costs, ending balance
Less accumulated amortization
Deferred financing costs, net
Rollforward of accumulated amortization of deferred financing costs
Accumulated amortization, beginning balance
Additions
Accumulated amortization, ending balance
Statement [Table]
Statement [Line Items]
Advertising expenses
Risk concentration of loans to one borrower
Financial Assets
Cash and cash equivalents
Loans receivable, net
Financial Liabilities
Customer interest escrow
Notes payable unsecured
Financing receivables
Commercial loans, gross
Less: Deferred loan fees
Less: Deposits
Less: Allowance for loan losses
Commercial loans, net
Roll forward of commercial loans
Beginning balance
Additions
Payoffs/Sales
Change in builder deposit
Change in loan loss provision
New loan fees
Earned loan fees
Ending balance
Funded to borrower
Estimated collateral values
Real estate development loan portfolio summary
Number of borrowers
Number of loans
Value of collateral
Commitment amount
Amount outstanding
Loan to value ratio
Unrecognized loan fee
Summary of loan portfolio to builders for home construction
Loan fee percentage of commitment
Loans receivable, net
Individually evaluated
Collectively Evaluated
Total
Income recognized from loan fees
Effective annual rate on loans
Aggregate unearned loan fee
Notes outstanding rollforward
Notes outstanding, beginning of period
Notes issued
Note repayments / redemptions
Notes outstanding, end of period
2014
2015
2016
2017
2018
Total
Debt Instrument [Axis]
Interest rate
Maximum availability
Amount borrowed
Line of credit remaining availability
Interest expense
Weighted average balance of affiliate borrowings
Unsecured loan outstanding
Notes outstanding
Members' Capital
Relationship
Amount invested
Weighted average interest rate
Commitments And Contingencies Detail Narratives
Unfunded Commitments to extend credit
Common units member
A units
Accumulated amortization of deferred financing costs
Additions to commercial loans
Affiliate loans member
Aggregate unearned loan fee
BMH 10 lots member
BMH interest escrow member
BMH land member
BMH loan fee member
BMH Loan member
B Units
Carrying amount
Change in builder deposit
Classified accruing member
Classified - nonaccrual member
Deferred financing costs - additions
Deferred financing costs write offs
Estimated collateral values
Finance receivables by classification
Finance receivables classification text block
Financial assets abstract
IMA Advances member
IMA existing loan member
IMA loan fee member
IMA loan member
loans and leases receivables deposits
Members' Capital disclosure text block
Net loan origination fees deferred (earned)
Notes program member
Shepherd's Finance repayments (from payoffs/sales)
Roll forward of deferred financing costs
SF loan member
Schedule of Members' Equity capital balances table text block.
Unearned loan fee member
Voting member
Weighted average balance of affiliate borrowings
Number of borrowers
Commercial Loans - Real Estate Development Loan Portfolio Summary
Commercial Loans - Construction Loan Porfolio Summary
Loan commitment percentage from largest borrower
Financing receivables rollforward
Roll forward of commercial loans
Additions to accumulated amortization of deferred financing costs
Earned loan fees on commercial loans
Rollforward of deferred financing costs
Rollforward of accumulated amortization of deferred financing costs
Real estate development loan portfolio summary
Summary of loan portfolio to builders for home construction
Income recognized from loan fees
Effective annual rate on loans
Notes outstanding rollforward
Value of collateral
Loan fee percentage of commitment
Amount not loaned but obligated
Unrecognized loan fee
BMHLotsMember
PennsylvaniaMember
Pennsylvania1Member
StatePennsylvaniaLandMember
Assets [Default Label]
Liabilities
Liabilities and Equity
Interest Revenue (Expense), Net
Interest Income (Expense), Net
Increase (Decrease) in Other Operating Assets
Increase (Decrease) in Accrued Interest Receivable, Net
Increase (Decrease) in Deposits
Increase (Decrease) in Accounts Payable and Accrued Liabilities
Net Cash Provided by (Used in) Continuing Operations
Net Cash Provided by (Used in) Investing Activities, Continuing Operations
Repayments of Notes Payable
Payments of Debt Issuance Costs
Net Cash Provided by (Used in) Financing Activities, Continuing Operations
Cash and Cash Equivalents [Abstract]
DeferredFinancingCostsWriteOffs
Deferred Finance Costs, Gross
Accumulated Amortization, Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCostsAdditions
Cash and Cash Equivalents, Fair Value Disclosure
Loans Receivable, Fair Value Disclosure
Deposits, Fair Value Disclosure
Financial Liabilities Fair Value Disclosure
Loans and Leases Receivable, Deferred Income
LoansAndLeasesReceivableDeposits
Loans and Leases Receivable, Allowance
RollForwardOfCommercialLoansAbstract
AdditionsToCommercialLoans
RepaymentsFromPayoffsSales
ChangeInBuilderDeposit
Amortization of Deferred Loan Origination Fees, Net
Loans and Leases Receivable, Net Amount
Interest Expense, Related Party
Members' Equity