v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets:    
Cash and cash equivalents $ 9,920 $ 9,014
Restricted cash 1,757 1,757
Certificates of deposit 1,500 1,304
Loans receivable, net of allowance for expected credit losses of $1,150 and $1,156 as of June 30, 2025 and December 31, 2024, respectively 91,063 93,171
Other assets 4,116 4,004
Total assets 108,356 109,250
Liabilities:    
Other secured borrowings 6 6
Debt certificates payable, net of debt issuance costs of $92 and $88 as of June 30, 2025 and December 31, 2024, respectively 94,620 95,073
Other liabilities 1,782 2,240
Total liabilities 96,408 97,319
Members' Equity:    
Series A preferred units, 1,000,000 units authorized, 117,100 units issued and outstanding at June 30, 2025 and December 31, 2024 (liquidation preference of $100 per unit); See Note 13 11,715 11,715
Class A common units, 1,000,000 units authorized, 146,522 units issued and outstanding at June 30, 2025 and December 31, 2024; See Note 13 1,509 1,509
Net assets of Ministry Partners for Christ, with donor restrictions 1,700 1,700
Accumulated deficit (2,976) (2,993)
Total members' equity 11,948 11,931
Total liabilities and members' equity $ 108,356 $ 109,250