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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Assets    
Cash and Cash Equivalents $ 7,603 $ 1,915
Restricted Cash and Cash Equivalents 3,541 2,573
Mortgage Loans Held for Sale, Net 11,147 24,539
Real Estate Acquired through Foreclosure 152,867 145,372
Other Real Estate Owned 27,701 0
Other Receivables 1,889 2,816
Investment in Unconsolidated Entities 6,537 0
Other Assets 1,773 3,149
Property and Equipment, Net 459 654
Total Assets 185,816 181,018
Liabilities    
Accounts Payable and Accrued Expenses 8,846 6,079
Accrued Property Taxes 287 785
Dividends Payable 539 0
Accrued Interest Payable 654 1,635
Customer Deposits and Funds Held for Others 2,385 2,064
Notes Payable, Net of Discount 85,014 68,381
Note Payable to Related Party 4,969 4,875
Special Assessment Obligations 4,134 4,981
Capital Lease Obligations 1,175 1,199
Total Liabilities 108,003 89,999
Redeemable Convertible Preferred Stock, $.01 par value; 100,000,000 shares authorized; 8,200,000 shares outstanding; liquidation preference of $39,570 $ 29,638 $ 27,329
Commitments and Contingencies
Stockholders’ Equity    
Common stock, $.01 par value; 200,000,000 shares authorized; 17,166,997 and 16,873,880 shares issued at December 31, 2015 and 2014; 15,537,179 and 15,244,062 shares outstanding at December 31, 2015 and 2014, respectively $ 172 $ 169
Less: Treasury stock at cost, 1,629,818 shares at December 31, 2015 and 2014 (5,948) (5,948)
Paid-in Capital 722,764 726,189
Accumulated Deficit (671,178) (656,720)
Total IMH Financial Corporation Stockholders’ Equity 45,810 63,690
Noncontrolling Interests 2,365 0
Total Stockholders’ Equity 48,175 63,690
Total Liabilities and Stockholders’ Equity 185,816 181,018
Held For Sale [Member]    
Assets    
Real Estate Acquired through Foreclosure 5,346 53,686
Property and Equipment, Net 0 15,332
Held For Development [Member]    
Assets    
Real Estate Acquired through Foreclosure 3,664 8,205
Property and Equipment, Net 0 4,765
Operating Properties [Member]    
Assets    
Real Estate Acquired through Foreclosure 116,156 83,481
Property and Equipment, Net $ 116,156 $ 83,481