Equity Components [Axis]
Preferred Stock [Member]
Class of Stock [Axis]
Preferred Class C [Member]
Common Stock [Member]
Common Class A [Member]
Consolidated Entities [Axis]
339, Justabout Land Company, LLC [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Axis]
Credit Agreement [Member]
Statistical Measurement [Axis]
Minimum [Member]
Maximum [Member]
Customer [Axis]
Highest Concentration Risk [Member]
Concentration Risk Benchmark [Axis]
Loans Receivable [Member]
Concentration Risk Type [Axis]
Customer Concentration Risk [Member]
Second Highest Concentration Risk [Member]
Third Highest Concentration Risk [Member]
Business Combination [Axis]
339 Justabout Land Co LLC [Member]
BMH [Member]
Measurement Basis [Axis]
Carrying Amount [Member]
Estimated Fair Value [Member]
Fair Value Hierarchy and NAV [Axis]
Fair Value, Inputs, Level 1 [Member]
Fair Value, Inputs, Level 2 [Member]
Fair Value, Inputs, Level 3 [Member]
Valuation Approach and Technique [Axis]
Valuation Technique, Discounted Cash Flow [Member]
Measurement Input Type [Axis]
Measurement Input Collateral Discounts And Estimated Costs To Sell [Member]
Measurement Input, Discount Rate [Member]
Measurement Input Weighted Average Discount [Member]
Measurement Input Collateral Discounts [Member]
Long-Term Debt, Type [Axis]
Secured Debt [Member]
Unsecured Debt [Member]
Segments [Axis]
Shepherd's Finance LLC [Member]
Consolidation Items [Axis]
Consolidation, Eliminations [Member]
Related and Nonrelated Parties [Axis]
DBL Capital Real Estate Fund 1, LLC [Member]
Forbearance Agreement [Member]
Collateral Held [Axis]
Home Construction Loans [Member]
Real Estate [Member]
Class of Financing Receivable [Axis]
Construction Loans [Member]
Servicing Assets and Servicing Liabilities Risk [Axis]
A Credit Risk [Member]
B Credit Risk [Member]
C Credit Risk [Member]
Individually Evaluated [Member]
Development Loans [Member]
Award Date [Axis]
Current 0 - 59 [Member]
Past Due 90 - 179 [Member]
Past Due 180 - 269 [Member]
Past Due > 270 [Member]
Financial Asset, Aging [Axis]
Financial Asset, Not Past Due [Member]
Receivable Type [Axis]
Type of Borrower [Axis]
Recency Basis [Member]
Financial Asset, 60 to 89 Days Past Due [Member]
Financing Receivables 90 Days To 179 Days Past Due [Member]
Financing Receivables 180 To 269 Days Past Due [Member]
Financing Receivables Greater Than 270 Days Past Due [Member]
Financial Receivables Subtotal [Member]
Contractual Basis [Member]
Financial Instrument Performance Status [Axis]
Performing Financial Instruments [Member]
Financing Receivable Portfolio Segment [Axis]
Construction Loans A Credit Risk [Member]
Construction Loans B Credit Risk [Member]
Construction Loans C Credit Risk [Member]
Development Loans A Credit Risk [Member]
Development Loans B Credit Risk [Member]
Development Loans C Credit Risk [Member]
Unfunded Loan Commitment [Member]
Accounting Standards Update [Axis]
Accounting Standards Update 2016-13 [Member]
Cumulative Effect, Period of Adoption [Axis]
Cumulative Effect, Period of Adoption, Adjustment [Member]
Financial Instrument [Axis]
Long-Term Debt [Member]
Debt Instrument [Axis]
Public Offering [Member]
Secured Borrowings [Member]
Loan Purchase and Sale Agreement [Member]
Legal Entity [Axis]
S K Funding L L C [Member]
S K Funding Line [Member]
Title and Position [Axis]
Daniel M Wallach [Member]
Shuman [Member]
Shuman Line of Credit Agreement [Member]
Judith Swanson [Member]
Swanson Modification Agreement [Member]
January 2027 [Member]
Credit Facility [Axis]
Revolving Credit Facility [Member]
January 2040 [Member]
New line of credit agreements [Member]
Hanna Holdings Inc [Member]
Notes Program [Member]
Unsecured Line of Credit [Member]
Unsecured Line of Credit One [Member]
Senior Subordinated Unsecured Line of Credit [Member]
Subordinated Promissory Note [Member]
Subordinated Promissory Note One [Member]
Subordinated Promissory Note Two [Member]
Subordinated Promissory Note Three [Member]
Subordinated Promissory Note Four [Member]
Subordinated Promissory Note Five [Member]
Subordinated Promissory Note Six [Member]
Subordinated Promissory Note Seven [Member]
Subordinated Promissory Note Eight [Member]
Subordinated Promissory Note Nine [Member]
Subordinated Promissory Note Ten [Member]
Subordinated Promissory Note Eleven [Member]
Subordinated Promissory Note Twelve [Member]
Subordinated Promissory Note Thirteen [Member]
Subordinated Promissory Note Fourteen [Member]
Senior Subordinated Promissory Note [Member]
Junior Subordinated Promissory Note [Member]
Senior Subordinated Promissory Note One [Member]
Junior Subordinated Promissory Note One [Member]
Subordinated Promissory Note Fifteen [Member]
Subordinated Promissory Note Sixteen [Member]
Subordinated Promissory Note Seventeen [Member]
Subordinated Promissory Note Eighteen [Member]
Subordinated Promissory Note Nineteen [Member]
Subordinated Promissory Note Twenty [Member]
Subordinated Promissory Note Twenty One [Member]
Subordinated Promissory Note Twenty Two [Member]
Subordinated Promissory Note Twenty Three [Member]
Subordinated Promissory Note Twenty Four [Member]
Subordinated Promissory Note Twenty Five [Member]
Subordinated Promissory Note Twenty Six [Member]
Subordinated Promissory Note Twenty Seven [Member]
Subordinated Promissory Note Twenty Eight [Member]
Subordinated Promissory Note Twenty Nine [Member]
Series C Preferred Units [Member]
Series C Preferred Stock [Member]
Chief Executive Officer [Member]
Currently Convertible [Member]
Redemption Options Maturity Year 2026 [Member]
Redemption Options Maturity Year 2027 [Member]
Redemption Options Maturity Year 2028 [Member]
Redemption Options Maturity Year 2029 [Member]
Redemption Options Maturity Year 2030 and Thereafter [Member]
Class A Common Units [Member]
Mark Reynolds [Member]
Award Type [Axis]
Restricted Stock [Member]
Catherine Leslie [Member]
Wallach LOC [Member]
Wallach Trust LOC [Member]
Myrick LOC Agreement [Member]
Investment, Name [Axis]
Mrs Catherine Leslie [Member]
Mr.Mark Reynolds [Member]
Mrs.Barbara Harshman [Member]
Mr Gregory L Sheldon [Member]
Mr Kenneth R Summers [Member]
Mr.Eric A. Rauscher [Member]
Mr.Summer's Son [Member]
Mr.Spatola [Member]
Notes Program from Employees, Managers, Members and Relatives of Managers and Members [Member]
Eric A. Rauscher [Member]
Joseph Rauscher [Member]
Daniel and Joyce Wallach [Member]
Gregory L. Sheldon [Member]
Lamer Sheldon [Member]
Kenneth Summers [Member]
Schultz Family Revocable Living Trust [Member]
Barbara Harshman [Member]
Kimberly Bedford [Member]
Thomas Spatola [Member]
Scott and Leah Summers [Member]
Jeffrey Eppinger [Member]
Bruce and Jean Eppinger [Member]
Paula Eppinger [Member]
Commitments to Extend Credit [Member]
Long-Lived Tangible Asset [Axis]
Land [Member]
Office [Member]
Equipment [Member]
Premises and Equipment [Member]
Cover [Abstract]
Document Type
Amendment Flag
Amendment Description
Document Registration Statement
Document Annual Report
Document Quarterly Report
Document Transition Report
Document Shell Company Report
Document Shell Company Event Date
Document Period Start Date
Document Period End Date
Document Fiscal Period Focus
Document Fiscal Year Focus
Current Fiscal Year End Date
Entity File Number
Entity Registrant Name
Entity Central Index Key
Entity Primary SIC Number
Entity Tax Identification Number
Entity Incorporation, State or Country Code
Entity Address, Address Line One
Entity Address, Address Line Two
Entity Address, Address Line Three
Entity Address, City or Town
Entity Address, State or Province
Entity Address, Country
Entity Address, Postal Zip Code
Country Region
City Area Code
Local Phone Number
Extension
Written Communications
Soliciting Material
Pre-commencement Tender Offer
Pre-commencement Issuer Tender Offer
Title of 12(b) Security
No Trading Symbol Flag
Trading Symbol
Security Exchange Name
Title of 12(g) Security
Security Reporting Obligation
Annual Information Form
Audited Annual Financial Statements
Entity Well-known Seasoned Issuer
Entity Voluntary Filers
Entity Current Reporting Status
Entity Interactive Data Current
Entity Filer Category
Entity Small Business
Entity Emerging Growth Company
Elected Not To Use the Extended Transition Period
Document Accounting Standard
Other Reporting Standard Item Number
Entity Shell Company
Entity Public Float
Entity Bankruptcy Proceedings, Reporting Current
Entity Common Stock, Shares Outstanding
Documents Incorporated By Reference
ICFR Auditor Attestation Flag
Document Financial Statement Error Correction [Flag]
Auditor Firm ID
Auditor Name
Auditor Location
Statement of Financial Position [Abstract]
Assets
Cash and cash equivalents
Restricted cash
Certificates of deposit, restricted
Accrued interest receivable
Loans receivable, net
Real estate investments
Foreclosed assets, net
Premises and equipment
Other assets
Total assets
Liabilities and Members’ Capital
Refundable prepaid interest
Loan deposits
Accounts payable and accrued expenses
Accrued interest payable
Notes payable secured, net
Notes payable unsecured, net
Deferred revenue – real estate investments
Total liabilities
Commitments and Contingencies (Note 14)
Members’ Capital
Series C preferred equity, net of discounts of $2,043 and $0, respectively
Class A common equity
Members’ capital
Total liabilities and members’ capital
Discount on issue of shares
Income Statement [Abstract]
Net Interest and Fee Income
Interest and fee income on loans
Interest expense:
Interest related to secured borrowings
Interest related to unsecured borrowings
Interest expense
Net interest and fee income
Less: Provision for credit losses
Net interest and fee income after provision for credit losses
Non-Interest Income
Gain on sale of real estate investments
Revenue from the sale of land parcels
Option fee income
Other income
Total non-interest income
Income before non-interest expense
Non-Interest Expense
Selling, general and administrative
Depreciation and amortization
Loss on foreclosed assets
Cost of land parcels sold
Total non-interest expense
Net income
Net income attributable to preferred equity holders
Net income attributable to common equity holders
Statement [Table]
Statement [Line Items]
December 31, 2024
Net income
Transfer of Series C from temporary to permanent equity
Conversion of Series C equity
Distributions
Unit Based Compensation Expense
Series C preferred equity issued in exchange for Class A common equity, net of discount
December 31, 2025
Statement of Cash Flows [Abstract]
Cash flows from operations
Net income
Adjustments to reconcile net income to net cash provided by operating activities
Amortization of deferred financing costs
Provision for credit losses
Depreciation and amortization
Loss on foreclosed assets
Gain on sale of real estate investments
Deferred revenue – real estate investments
Unit based compensation expense
Net change in operating assets and liabilities:
Other assets
Accrued interest receivable
Refundable prepaid interest
Accrued interest payable
Accounts payable and accrued expenses
Net cash provided by operating activities
Cash flows from investing activities
Loan originations and principal collections, net
Additions for construction in foreclosed assets
Additions for construction in real estate investments
Investment in real estate assets
Proceeds from sale of foreclosed assets
Proceeds from the sale of real estate investments
Acquisition of 339, net of cash acquired
Investments in certificates of deposit
Purchases of property and equipment
Net cash provided by (used in) investing activities
Cash flows from financing activities
Transfer of Series C from temporary to permanent equity
Distributions to Series C preferred equity holders
Distributions to common equity holders
Proceeds from secured note payable
Repayments of secured note payable
Proceeds from unsecured notes payable
Redemptions/repayments of unsecured notes payable
Deferred financing costs paid
Net cash used in financing activities
Net change in cash, cash equivalents and restricted cash
Cash, cash equivalents and restricted cash
Beginning of period
End of period
Supplemental disclosure of cash flow information
Cash paid for interest
Non-cash investing and financing activities
Loan originating from sale of 339 assets
Foreclosed assets transferred from loans receivable, net
Secured and unsecured notes payable transfers
Accrued interest payable transferred to unsecured notes payable
Class A common equity exchanged for Series C preferred equity, net of $2,043 discount
Common equity exchanged net discount
Pay vs Performance Disclosure [Table]
Executive Category [Axis]
Individual [Axis]
Adjustment to Compensation [Axis]
Measure [Axis]
Pay vs Performance Disclosure, Table
Company Selected Measure Name
Named Executive Officers, Footnote
Peer Group Issuers, Footnote
Changed Peer Group, Footnote
PEO Total Compensation Amount
PEO Actually Paid Compensation Amount
Adjustment To PEO Compensation, Footnote
Non-PEO NEO Average Total Compensation Amount
Non-PEO NEO Average Compensation Actually Paid Amount
Adjustment to Non-PEO NEO Compensation Footnote
Equity Valuation Assumption Difference, Footnote
Compensation Actually Paid vs. Total Shareholder Return
Compensation Actually Paid vs. Net Income
Compensation Actually Paid vs. Company Selected Measure
Total Shareholder Return Vs Peer Group
Compensation Actually Paid vs. Other Measure
Tabular List, Table
Total Shareholder Return Amount
Peer Group Total Shareholder Return Amount
Net Income (Loss)
Company Selected Measure Amount
Other Performance Measure, Amount
Adjustment to Compensation, Amount
PEO Name
Name
Non-GAAP Measure Description
Additional 402(v) Disclosure
Pension Benefits Adjustments, Footnote
Equity Awards Adjustments, Footnote
Erroneously Awarded Compensation Recovery [Table]
Restatement Determination Date [Axis]
Restatement Determination Date
Aggregate Erroneous Compensation Amount
Erroneous Compensation Analysis
Stock Price or TSR Estimation Method
Outstanding Aggregate Erroneous Compensation Amount
Aggregate Erroneous Compensation Not Yet Determined
Name
Forgone Recovery due to Expense of Enforcement, Amount
Forgone Recovery due to Violation of Home Country Law, Amount
Forgone Recovery due to Disqualification of Tax Benefits, Amount
Forgone Recovery, Explanation of Impracticability
Name
Compensation Amount
Restatement does not require Recovery
Awards Close in Time to MNPI Disclosures [Table]
Award Timing MNPI Disclosure
Award Timing Method
Award Timing Predetermined
Award Timing MNPI Considered
Award Timing, How MNPI Considered
MNPI Disclosure Timed for Compensation Value
Awards Close in Time to MNPI Disclosures, Table
Name
Underlying Securities
Exercise Price
Fair Value as of Grant Date
Underlying Security Market Price Change
Insider Trading Arrangements [Line Items]
Material Terms of Trading Arrangement
Name
Title
Rule 10b5-1 Arrangement Adopted
Non-Rule 10b5-1 Arrangement Adopted
Adoption Date
Rule 10b5-1 Arrangement Terminated
Non-Rule 10b5-1 Arrangement Terminated
Termination Date
Expiration Date
Arrangement Duration
Aggregate Available
Rule 10b5-1 Arrangement Modified
Non-Rule 10b5-1 Arrangement Modified
Insider Trading Policies and Procedures [Line Items]
Insider Trading Policies and Procedures Adopted
Insider Trading Policies and Procedures Not Adopted
Cybersecurity Risk Management, Strategy, and Governance [Abstract]
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]
Cybersecurity Risk Management Processes Integrated [Flag]
Cybersecurity Risk Management Processes Integrated [Text Block]
Cybersecurity Risk Management Third Party Engaged [Flag]
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag]
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag]
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Text Block]
Cybersecurity Risk Board of Directors Oversight [Text Block]
Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block]
Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block]
Cybersecurity Risk Role of Management [Text Block]
Cybersecurity Risk Management Positions or Committees Responsible [Flag]
Cybersecurity Risk Management Positions or Committees Responsible [Text Block]
Cybersecurity Risk Management Expertise of Management Responsible [Text Block]
Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block]
Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag]
Material Cybersecurity Incident [Abstract]
Material Cybersecurity Incident Nature [Text Block]
Material Cybersecurity Incident Scope [Text Block]
Material Cybersecurity Incident Timing [Text Block]
Material Cybersecurity Incident Material Impact or Reasonably Likely Material Impact [Text Block]
Material Cybersecurity Incident Information Not Available or Undetermined [Text Block]
Accounting Policies [Abstract]
Description of Business
Summary of Significant Accounting Policies
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]
Acquisition and Disposal
Fair Value Disclosures [Abstract]
Fair Value
Segment Reporting [Abstract]
Segment Reporting
Real Estate [Abstract]
Real Estate Investment Assets
Receivables [Abstract]
Loans Receivables, net
Foreclosed Assets
Foreclosed Assets
Debt Disclosure [Abstract]
Borrowings
Refundable Prepaid Interest
Refundable Prepaid Interest
Equity [Abstract]
Series C Preferred Equity
Members’ Capital
Related Party Transactions [Abstract]
Related Party Transactions
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies
Other Income and Expenses [Abstract]
Non-Interest Expense Detail
Property, Plant and Equipment [Abstract]
Premises and Equipment
Principles of Consolidation
Use of Estimates
Operating Segments
Revenue Recognition
Advertising
Cash and Cash Equivalents
Restricted Cash
Certificates of Deposit, Restricted
Fair Value Measurements
Loans Receivable
Allowance for Credit Losses
Individually Evaluated Loans
Refundable Builder Deposit
Refundable Prepaid Interest
Foreclosed Assets
Real Estate Investments
Deferred Financing Costs, Net
Interest Capitalization
Premises and Equipment
Income Taxes
Reclassifications
Risks and Uncertainties
Concentration
Recent Accounting Pronouncements
Summary of Concentration Risks
Schedule of Purchase Price to Assets and Liabilities
Schedule of Acquired Assets and Assumed Liabilities
Schedule of Non-financial Instruments Measured at Fair Value on Non-recurring Basis
Schedule of Estimating the Fair Value of Assets and Liabilities Valued on a Nonrecurring basis
Schedule of Fair Value Estimates for Financial Instruments
Schedule of Information about Reportable Segments and Reconciliations of Consolidated Financial Statements
Schedule of Roll Forward of Real Estate Investment Assets
Schedule of Capitalized Interest for Construction/Development Real Estate Investment Assets
Schedule of Financing Receivables
Schedule of Commercial Loans - Construction Loan Portfolio Summary
Schedule of Commercial Loans - Real Estate Development Loan Portfolio Summary
Schedule of Construction and Development Loan Portfolio
Schedule of Gross Loan Receivable, Commitment Value and ACL Credit Rank Loan Pool Category
Schedule of Amortized Cost Basis of Loans on Nonaccrual Status and Loans
Schedule of Aging of Gross Loan Portfolio
Summary of Aging Schedule of Loans Receivables on a Recency Basis
Schedule of Aging Schedule of Loans Receivables on a Contractual Basis
Schedule of Allowance for Credit Losses
Schedule of Loan Portfolio by Year of Origination, Category, and Credit Quality Indicator
Schedule of Concentration Risks
Schedule of Roll Forward of Foreclosed Assets
Schedule of Borrowings
Schedule of Maturity of Debt
Schedule of Roll Forward of Notes Outstanding
Schedule of Roll Forward of Deferred Financing Costs
Schedule of Roll Forward of Accumulated Amortization of Deferred Financing Costs
Schedule of Other Unsecured Loans
Schedule of Refundable Prepaid Interest
Schedule of Roll Forward of Series C Preferred Equity
Schedule of Conversion Options for Investors in Series C Preferred Equity
Schedule of Related Party Transactions
Schedule of Selling General and Administrative Expenses
Schedule of Premises and Equipment
Nature of Operation, Product Information, Concentration of Risk [Table]
Product Information [Line Items]
Concentration Risk, Geographic
Percent of Loan Commitments
Property, Plant and Equipment [Table]
Property, Plant and Equipment [Line Items]
Reportable segments
Borroweings
Net book value
Option fees receivable
Deferred revenue
Gain loss on sale
Borroweings
Escrow deposit
Settle outstanding payables
Advertising expenses
Loan percentage
COF rate
Acquisition cost
Life span
Incurred expense
Interest and penalties
Business Combination [Table]
Business Combination [Line Items]
Gross purchase price
Debt of 339 to the Company
Immediate repayment of previous 339 owner of intercompany debt
Purchase consideration
Purchase Consideration
Cash
Real estate investments
Total identifiable assets
Current liabilities
Other liabilities
Total liabilities assumed
Net identifiable assets acquired
Effective date of acquisition
Name of acquired entity
Transaction value
Cash consideration paid
Option fee
Gain loss on sale of stock
Borrowings
Fair Value, by Balance Sheet Grouping [Table]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Individually evaluated loans, net
Total
Fair Value Measurement Inputs and Valuation Techniques [Table]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Individually evaluated loans, unobservable inputs
Individually evaluated loans, weighted average discount
Foreclosed assets, unobservable inputs
Foreclosed assets, weighted average discount
Financial Assets
Cash and cash equivalents including restricted cash
Certificates of deposit
Loans receivable, net
Accrued interest on loans
Financial Liabilities
Refundable prepaid interest
Loan deposits
Notes payable unsecured, net
Accrued interest payable
Schedule of Segment Reporting Information, by Segment [Table]
Segment Reporting Information [Line Items]
Borrowings
Interest related to secure borrowings
Gain on foreclosed assets
Total assets as of December 31, 2024
Beginning balance
Additions from 339 acquisition
Proceeds from disposal of 339
Investments in real estate assets
Proceeds from the sale of real estate investments
Additions for construction/development
Ending balance
Capitalized interest
Cost of funds
Restructuring Cost [Table]
Restructuring Cost and Reserve [Line Items]
Principal balance extinguished for loans
Carrying fee
Business Combination, Effective Date of Acquisition
Business Combination, Name of Acquiree
Business Combination, Consideration Transferred
Revenue from sale of land parcels
Investments in minority non controlling interest
Gain on investment
Loans receivable, gross
Less: Deferred loan fees
Plus: Deferred origination costs
Less: Allowance for credit losses
Loans receivable, net
Financing Receivable, Past Due [Table]
Financing Receivable, Past Due [Line Items]
Number of States
Number of Borrowers
Number of Loans
Commitment Amount
Gross Amount Outstanding
Loan to Value Ratio
Beginning balance
Originations and modifications
Principal collections
Transferred from loans receivables, net
Change in allowance for credit losses
Change in loan fees, net
Ending balance
Total Loans Receivable Gross
Total Commitment Value
Total Allowance for Credit Loss
Nonaccrual with No Allowance for Credit Loss
Nonaccrual with Allowance for Credit Loss
Loans Past Due Over 89 Days Still Accruing
Servicing Asset and Servicing Liability, Risk Mitigation [Table]
Risks Inherent in Servicing Assets and Servicing Liabilities [Line Items]
Performing Loans
Individually Evaluated
Forbearance Loans
Individually Evaluated
Number of loans
Unpaid balances
Percentage of loans receivable
Interest only accounts (Accounts on which interest, deferment, extension and/or default charges were received in the last 60 days)
Interest only accounts (Accounts on which interest, deferment, extension and/or default charges were received in the last 60 days)
Percentage of interest only accounts
Partial Payment accounts (Accounts on which the total received in the last 60 days was less than 50% of the original contractual monthly payment. "Total received" to include interest on simple interest accounts, as well as late charges on deferment charges on pre-computed accounts.)
Partial payment accounts unpaid balances
Percentage of interest only accounts
Total number of loans
Percentage of loans receivable
Reserve for unfunded commitments as of December 31, 2023
Charge-offs
Recoveries
Provision (benefit) for credit losses on funded balances
Reserve for unfunded commitments as of December 31, 2024
Provision (benefit) for credit losses on unfunded commitments
Reclassification of ACL on unfunded commitments
Impact of the adoption of ASC 326
Reduction in ACL for loan participations
2025
2024
2023
2022
2021
Prior
Total
Current Period Charge Offs, 2025
Current Period Charge Offs, 2024
Current Period Charge Offs, 2023
Current Period Charge Offs, 2022
Current Period Charge Offs, 2021
Current Period Charge Offs, Prior
Current Period Charge Offs, Total
2020
Current Period Charge Offs, 2020
Accounts and Financing Receivables [Table]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Modified [Table]
Financing Receivable, Modified [Line Items]
Percentage on portion of construction costs
Interest rate on loan
Loan balance amount
Unpaid interest amount
Loans under forbearance agreement
Unfunded commitments
Unfunded commitments
Schedule Of Roll Forward Of Foreclosed Assets
Beginning balance
Transferred from loans receivables, net
Additions for construction in foreclosed assets
Sale proceeds
Loss on foreclosed assets, net
Ending balance
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Table]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Purchase and sale agreements and other secured borrowings
Secured line of credit from affiliates
Less: deferred financing fees
Notes payable secured, net
Unsecured line of credit (senior)
Other unsecured debt (senior subordinated)
Unsecured Notes through our public offering, gross
Other unsecured debt (subordinated)
Other unsecured debt (junior subordinated)
Less: deferred financing fees
Notes payable unsecured, net
Total Borrowings
Short-Term Debt [Table]
Short-Term Debt [Line Items]
2026
2027
2028
2029
2030 and thereafter
Gross notes outstanding, beginning of period
Notes issued
Note repayments / redemptions
Gross notes outstanding, end of period
Less deferred financing costs, net
Notes outstanding, net
Deferred financing costs, beginning balance
Additions
Deferred financing costs, ending balance
Less accumulated amortization
Accumulated amortization, beginning balance
Additions
Accumulated amortization, ending balance
Total Other Unsecured Debt
Maturity date description
Interest Rate
Blended rate
Schedule of Long-Term Debt Instruments [Table]
Debt Instrument [Line Items]
Percentage on loans sold to purchaser
Interest rate
Debt principal amount
Interest expense
Borrowings
Unsecured borrowings
Long-term line of credit
Line of credit, maximum principal amount
Payment of balance line of credit
Interest expense line of credit
Interest rate
Line of credit renewal description
Interest expense, debt
Secured balance
Debt payment description
Debt Instrument, Description
Loan amount
Collateral fee
Secured debt
Effective interest rate
Schedule Of Refundable Prepaid Interest
Beginning balance
Additions from Pennsylvania loans
Additions from other loans
Interest, fees, principal or repaid to borrower
Ending balance
Accumulated Other Comprehensive Income (Loss) [Table]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance
Additions from new investments
Distributions
Additions from reinvestment
Series C issued in exchange for Class A common equity, net of discount
Ending balance
Schedule of Share-Based Compensation Arrangements by Share-Based Payment Award [Table]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
2030 and thereafter
Total
Series C Preferred Units
Amendment description
Redeemable preferred equity
Dividend distribtion description
Undiscounted value
Shares issued
Stock issued value
Discount on preferred equity
Stock redeemed
Redemption price
Stock, Class of Stock [Table]
Class of Stock [Line Items]
Common units outstanding
Common units issued
Common units vested
Stock compensation expense
Related Party Transaction [Table]
Related Party Transaction [Line Items]
Notes Payable, Related Parties
Weighted average interest rate
Interest Expense, Related Party
Prime interest rate
Principal amount
Equity method investment, ownership percentage
Common units, description
Preferred units, description
Loan principal amount not exceed
Principal balance
Annual interest rate
Notes payable, related parties
Investments from affiliates
Line of credit outstanding loan
Legal and accounting
Salaries and related expenses
Board related expenses
Advertising
Rent and utilities
Loan and foreclosed asset expenses
Travel
Insurance
Other
Total SG&A
Equipment
Less: accumulated depreciation
Premises and equipment, net
Non Rule 10b 51 Arr Modified Flag
Rule 10b 51 Arr Modified Flag
339 Justabout Land Co LLC [Member]
Shepherd's Finance LLC [Member]
Interest related to secured borrowings.
Interest related to unsecured borrowings.
Revenue from sale of land parcels.
Option fee income.
Loss on sale of foreclosed assets.
Cost of land parcels sold.
Other restricted investments.
Option fee.
BMH [Member]
Business combination consideration transferred repayments of debt.
Payments to investments in minority non controlling interest.
DBL Capital Real Estate Fund 1, LLC [Member]
339, Justabout Land Company, LLC [Member]
Loss gain on foreclosed assets.
Proceeds from sale of real estate investments.
Payments to investments in real estate assets.
Proceeds from disposal of investment.
Schedule of Capitalized Interest For Real Estate Investment Assets [Table Text Block]
Capitalized interest.
Cost of funds percentage.
Deferred loan fees.
Deferred origination costs.
Description on construction loan.
Percentage on portion of contruction costs.
Percentage on loan fee.
Schedule of Commercial Loans - Construction Loan Portfolio Summary [Table Text Block]
Preferred Class C [Member]
Home Construction Loans [Member]
Number of borrowers.
Net income loss available to common stock equity holders.
NetIncome attributable To series C equity
Distributions to common equity.
Loan to Value Ratio
Schedule Of Commercial Loans Real Estate Development Loan Portfolio Summary [Table Text Block]
Schedule Of Construction And Development Loan Portfolio Summary [Table Text Block]
Construction and development loan originations and modifications.
Construction and development loan principal collections.
Construction and development loan transferred from loans receivable net.
Construction and development loan change in allowance for credit losses.
Construction and development loan change in allowance for credit losses.
Preferred stock discounts on shares issued.
A Credit Risk [Member]
B Credit Risk [Member]
C Credit Risk [Member]
Deferred revenues.
Increase decrease in refundable prepaid interest.
Proceeds from additions for construction in foreclosed assets.
Payments for development real estate assets.
Contributions from preferred c equity holders.
Other loans individually evaluated.
Distributions To preferred C equity holders.
Distributions to class A equity holders.
Loan originating from sale of assets.
Foreclosure of assets transferred from loans receivable net.
Secured and unsecured notes payable transfers.
Accrued interest payable transferred to unsecured notes payable.
Common stock issued during period value preferred stock.
Development Loans [Member]
Schedule Of Amortized Cost Basis Of Loans On Nonaccrual Status And Loans [Table Text Block]
Secured Nonaccrual Loans Individually Evaluated [Member]
Secured Loans [Member]
Cost of funds rate.
Risks And Uncertainties [Policy Text Block]
Schedules Of Concentration Of Risk Factor [Table Text Block]
Highest Concentration Risk [Member]
Second Highest Concentration Risk [Member]
Third Highest Concentration Risk [Member]
Schedule Of Gross Loan Portfolio [Table Text Block]
Current 0 - 59 [Member]
Past Due 60 - 89 [Member]
Past Due 90 - 179 [Member]
Past Due 180 - 269 [Member]
Past Due > 270 [Member]
Performing loans.
Nonaccrual loans individually evaluated.
Forbearance loans.
Business combination recognized identifiable assets acquired and liabilities assumed real estate investments.
Number of loans.
Recency Basis [Member]
Financing Receivables 90 Days To 179 Days Past Due [Member]
Credit Agreement [Member]
Financing Receivables 180 To 269 Days Past Due [Member]
Financing Receivables Greater Than 270 Days Past Due [Member]
Financial Receivables Subtotal [Member]
Settle outstanding payables.
Number of interest only accounts.
Financing receivable interest income received in past.
Financing receivables percentage of interest only accounts.
Number of partial payment accounts.
Financing receivable partial payment accounts.
Financing receivables percentage of partial payment accounts.
Number of loans outstanding.
Other impaired loans, net.
Contractual Basis [Member]
Interest receivable fair value disclosure.
Refundable prepaid interest.
Interest payable fair value disclosure.
Fourth amendment description.
Financing receivable allowance for credit losses reclassification of unfunded commitments.
Equity dividend distribution, discription.
Series C Preferred Units [Member]
Limited liability company LLC undiscounted series C preferred equity.
Unfunded loan commitments.
Allowance for credit losses on unfunded loan commitments.
Schedule of RollForward of Series C Preferred Equity [Table Text Block]
Schedule Of Roll Forward Of Foreclosed Assets [Table Text Block]
Redeemable and Temporary Preferred Stock Value.
Foreclosed Assets [Text Block]
Transfers from loan receivables net.
Additions for construction in foreclosed assets.
Loss on foreclosure of assets.
Discount on exchange of class common equity.
Schedule Of Conversion Options For Investors In Series C Preferred Equity [Table Text Block]
Other unsecured borrowings (senior subordinated).
Unsecured Notes through our public offering, gross.
Public Offering [Member]
Secured Borrowings [Member]
Long-term debt maturities repayments of principal in year five and thereafter.
Percentage on loans sold to pruchaser.
Loan Purchase and Sale Agreement [Member]
Class A Common Units [Member]
Catherine Leslie [Member]
Mark Reynolds [Member]
Common units vested.
Principal Amount Exceeds $2000 [Member]
Wallach Trust LOC [Member]
Wallach LOC [Member]
Myrick LOC Agreement [Member]
Mr.Mark Reynolds [Member]
Mrs Catherine Leslie [Member]
Mrs.Barbara Harshman [Member]
Common units description.
Mr.Eric A. Rauscher [Member]
Mr Gregory L Sheldon [Member]
Mr Kenneth R Summers [Member]
Loan principal amount not exceed.
Mr.Summer's Son [Member]
Mr.Spatola [Member]
Notes Program from Employees, Managers, Members and Relatives of Managers and Members [Member]
Shuman [Member]
Shuman Line of Credit Agreement [Member]
Eric A. Rauscher [Member]
Joseph Rauscher [Member]
Judith Swanson [Member]
Swanson Modification Agreement [Member]
Daniel and Joyce Wallach [Member]
Gregory L. Sheldon [Member]
Lamer Sheldon [Member]
Kenneth Summers [Member]
January 2027 [Member]
Schultz Family Revocable Living Trust [Member]
Barbara Harshman [Member]
January 2040 [Member]
Kimberly Bedford [Member]
Thomas Spatola [Member]
Scott and Leah Summers [Member]
Jeffrey Eppinger [Member]
New line of credit agreements [Member]
Hanna Holdings Inc [Member]
Notes Program [Member]
Schedule Of Roll Forward Of Deferred Financing Costs [Table Text Block]
Bruce and Jean Eppinger [Member]
Schedule Of Roll Forward Of Accumulated Amortization Of Deferred Financing Costs [Table Text Block]
Adjustment of additional to deferred financing costs.
Schedule Of Other Unsecured Loans [Table Text Block]
Paula Eppinger [Member]
Other Unsecured loans.
Rent and utilities.
Subordinated Promissory Note Twenty Seven [Member]
Subordinated Promissory Note Twenty Eight [Member]
Subordinated Promissory Note Twenty Nine [Member]
Subordinated Promissory Note Fifteen [Member]
Subordinated Promissory Note [Member]
Subordinated Promissory Note One [Member]
Subordinated Promissory Note Two [Member]
Subordinated Promissory Note Three [Member]
Subordinated Promissory Note Four [Member]
Subordinated Promissory Note Five [Member]
Subordinated Promissory Note Six [Member]
Subordinated Promissory Note Seven [Member]
Subordinated Promissory Note Eight [Member]
Subordinated Promissory Note Nine [Member]
Subordinated Promissory Note Ten [Member]
Subordinated Promissory Note Eleven [Member]
Subordinated Promissory Note Twelve [Member]
Subordinated Promissory Note Thirteen [Member]
Subordinated Promissory Note Fourteen [Member]
Senior Subordinated Promissory Note One [Member]
Junior Subordinated Promissory Note [Member]
Senior Subordinated Promissory Note [Member]
Junior Subordinated Promissory Note One [Member]
Subordinated Promissory Note Sixteen [Member]
Subordinated Promissory Note Seventeen [Member]
Subordinated Promissory Note Eighteen [Member]
Subordinated Promissory Note Nineteen [Member]
Subordinated Promissory Note Twenty [Member]
Subordinated Promissory Note Twenty One [Member]
Subordinated Promissory Note Twenty Three [Member]
Subordinated Promissory Note Twenty Two [Member]
Subordinated Promissory Note Twenty Four [Member]
Subordinated Promissory Note Twenty Five [Member]
Subordinated Promissory Note Twenty Six [Member]
Unsecured Line of Credit [Member]
Unsecured Line of Credit One [Member]
Senior Subordinated Unsecured Line of Credit [Member]
Loan and Leases Receivable Allowance For Loan Losses [Policy]
Preferred unit description.
Refundable Prepaid Interest Disclosure [Text Block]
Refundable Prepaid Interest [Table Text Block]
Additions from loans.
Additions from other loans.
Other Loans Individually Evaluated [Member]
Carrying fee.
Financing Receivables Past Due on Contractual Bais [Table Text Block]
Currently Convertible [Member]
Redemption Options Maturity Year 2026 [Member]
Redemption Options Maturity Year 2027 [Member]
Redemption Options Maturity Year 2028 [Member]
Redemption Options Maturity Year 2029 [Member]
Redemption Options Maturity Year 2030 and Thereafter [Member]
Schedule of Loan Portfolio And ACL Credit Rank Loan Pool Category [Table Text Block]
Preferred equity dividends.
Construction Loans A Credit Risk [Member]
Construction Loans B Credit Risk [Member]
Construction Loans C Credit Risk [Member]
Development Loans A Credit Risk [Member]
Development Loans B Credit Risk [Member]
Development Loans C Credit Risk [Member]
Allowance for notes and loans receivable current impact of adoption.
Income tax interest penalties expense.
Debt yield return percentage.
Common equity exchanged net discout.
Unit based compensation expense.
Transfer of Series C from temporary to permanent equity.
Secured line of credit from affiliates.
Secured deferred finance costs net.
Unsecured line of credit senior.
Unsecured deferred finance costs net.
Individually Evaluated [Member]
Other impaired loans description.
Foreclosed assets description.
Measurement Input Collateral Discounts And Estimated Costs To Sell [Member]
Loans individually evaluated.
Measurement Input Collateral Discounts [Member]
Forbearance Agreement [Member]
Measurement Input Weighted Average Discount [Member]
Forbearance loans individually evaluated.
Daniel M Wallach [Member]
Financing receivable originated five year before current fiscal year writeoff
Financing receivable originated five years before latest fiscal year.
Premises and Equipment [Member]
Limited liability company llc preferred unit issuance gross value.
Liabilities
Members' Equity
Liabilities and Equity
Interest Income (Expense), Operating
Interest Income (Expense), after Provision for Loan Loss
Noninterest Income
Other Nonoperating Income (Expense)
Noninterest Expense
Net Income (Loss) Available to Common Stockholders, Basic
Members' Capital
Depreciation, Depletion and Amortization, Nonproduction
LossOnSaleOfForeclosedAssets
Gain (Loss) on Sale of Investments
DeferredRevenues
Increase (Decrease) in Other Operating Assets
Increase (Decrease) in Accrued Interest Receivable, Net
IncreaseDecreaseInRefundablePrepaidInterest
Increase (Decrease) in Interest Payable, Net
Increase (Decrease) in Accounts Payable and Accrued Liabilities
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation
Payments for (Proceeds from) Loans and Leases
PaymentsForDevelopmentRealEstateAssets
Payments to Acquire Investments
Payments for (Proceeds from) Investments
Payments to Acquire Property, Plant, and Equipment
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation
Transfer of Series C from temporary to permanent equity.
DistributionsToPreferredCEquityHolders
DistributionsToClassAEquityHolders
Repayments of Secured Debt
Repayments of Unsecured Debt
Payments of Debt Issuance Costs
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Including Discontinued Operation
Forgone Recovery, Individual Name
Outstanding Recovery, Individual Name
Awards Close in Time to MNPI Disclosures, Individual Name
Trading Arrangement, Individual Name
Foreclosed Assets [Text Block]
Refundable Prepaid Interest Disclosure [Text Block]
Members' Equity Notes Disclosure [Text Block]
RefundablePrepaidInterestPolicyTextBlock
Financing Receivable, Held-for-Investment, Foreclosed Asset [Policy Text Block]
Property, Plant and Equipment, Policy [Policy Text Block]
Increase (Decrease) in Securities Borrowed
BusinessCombinationConsiderationTransferredRepaymentsOfDebt
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedRealEstateInvestments
Business Combination, Recognized Asset Acquired, Asset
Business Combination, Recognized Liability Assumed, Liability
Business Combination, Recognized Asset Acquired to Liability Assumed, Excess (Less)
Loans Receivable, Fair Value Disclosure
RefundablePrepaidInterest
Deposits, Fair Value Disclosure
Notes Payable, Fair Value Disclosure
Interest payable fair value disclosure
ProceedsFromSaleOfRealEstateInvestments
DeferredLoanFees
Loans and Leases Receivable, Allowance, Covered
ForbearanceLoansIndividuallyEvaluated
Financing Receivable Interest Income Received In Past
Financing Receivables Percentage Of Partial Payment Accounts
Financing Receivable, Nonaccrual to Outstanding, Percent
Financing Receivable, Allowance for Credit Loss, Recovery
Financing Receivable, Revolving
Financing Receivable, Year One, Originated, Current Fiscal Year, Writeoff
Financing Receivable, Year Two, Originated, Fiscal Year before Current Fiscal Year, Writeoff
Financing Receivable, Year Three, Originated, Two Years before Current Fiscal Year, Writeoff
Financing Receivable, Year Four, Originated, Three Years before Current Fiscal Year, Writeoff
Financing Receivable, Year Five, Originated, Four Years before Current Fiscal Year, Writeoff
Financing Receivable, Originated, More than Five Years before Current Fiscal Year, Writeoff
FinancingReceivableOriginatedFiveYearBeforeCurrentFiscalYearWriteoff
AllowanceForCreditLossesOnUnfundedLoanCommitments
Transfers from loan receivables net
AdditionsForConstructionInForeclosedAssets
SecuredDeferredFinanceCostsNet
UnsecuredDeferredFinanceCostsNet
Long-Term Debt
Repayments of Notes Payable
Debt Issuance Costs, Net
Notes Payable, Current
Debt Issuance Costs, Gross
Accumulated Amortization, Debt Issuance Costs
AdjustmentofAdditionstoDeferredFinancingCosts
Line of Credit Facility, Commitment Fee Percentage
Noninterest-Bearing Deposit Liabilities
Debt Instrument, Repaid, Principal
RedeemableAndTemporaryPreferredStockValue
LimitedLiabilityCompanyLLCPreferredUnitIssuanceGrossValue
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment