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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Total Assets    
Cash and Cash Equivalents $ 9,317 $ 1,915
Restricted Cash and Cash Equivalents 32,425 2,573
Mortgage Loans Held for Sale, Net 8,261 24,539
Real estate acquired through foreclosure 148,843 145,372
Deferred Financing Costs, Net 2,461 754
Other Receivables 1,572 2,816
Investment in Unconsolidated Entities 3,064 0
Other Assets 2,105 3,149
Property and Equipment, Net 512 654
Total Assets 208,560 181,772
Operating Liabilities    
Accounts Payable and Accrued Expenses 10,008 6,079
Accrued Property Taxes 354 785
Dividends Payable 540 0
Accrued Interest Payable 823 1,635
Customer Deposits and Funds Held for Others 2,906 2,064
Notes Payable, Net of Discount 96,315 69,010
Note Payable to Related Party 5,000 5,000
Capital Lease Obligation 1,181 1,199
Special Assessment Obligations 4,655 4,981
Total Liabilities 121,782 90,753
Redeemable Convertible Preferred Stock, $.01 par value; 100,000,000 shares authorized; 8,200,000 outstanding; liquidation preference of $39,570 at September 30, 2015 and December 31, 2014 $ 29,043 $ 27,329
Commitments and Contingent Liabilities
STOCKHOLDERS' EQUITY    
Common stock, $.01 par value; 200,000,000 shares authorized; 16,908,880 and 16,873,880 shares issued at September 30, 2015 and December 31, 2014, respectively; 15,279,062 and 15,244,062 shares outstanding at September 30, 2015 and December 31, 2014, respectively $ 169 $ 169
Less: Treasury stock, 1,629,818 shares at September 30, 2015 and December 31, 2014 (5,948) (5,948)
Paid-in Capital 723,471 726,189
Accumulated Deficit (660,543) (656,720)
Total IMH Financial Corporation Stockholders' Equity 57,149 63,690
Stockholders' Equity Attributable to Noncontrolling Interest 586 0
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 57,735 63,690
Total Liabilities and Stockholders’ Equity 208,560 181,772
Held For Sale [Member]    
Total Assets    
Real estate acquired through foreclosure 35,047 53,686
Held For Development [Member]    
Total Assets    
Real estate acquired through foreclosure 27,128 8,205
Operating Properties [Member]    
Total Assets    
Real estate acquired through foreclosure $ 86,668 $ 83,481