Vestin Realty Mortgage I, Inc. (VRM I), formerly Vestin Fund I, LLC (Fund I), operates as a real estate investment trust. The Company operates in two reportable segments, investments in real estate loans and investments in real property. As of December 2013, the Company operated in one reportable segment related to investments in real estate loans. The Company’s minority interest in real property has not been reported as a segment. The objective of VRM I is to invest approximately 97% of the assets in real estate loans and real estate investments, while maintaining approximately 3% as a working capital cash reserve. The manager of VRM I is Vestin Mortgage, LLC. As of December 31, 2013, the Company’s loans were in Arizona, Nevada and Texas. The Company primarily invests in loans that are secured by first or second trust deeds on real property.