XML 44 R34.htm IDEA: XBRL DOCUMENT v3.5.0.2
INVESTMENT IN UNCONSOLIDATED ENTITIES AND RELATED MATTERS (Details) - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2016
Dec. 31, 2015
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Dec. 31, 2015
Dec. 31, 2014
Oct. 31, 2014
Subsidiary or Equity Method Investee [Line Items]                
Investment in Unconsolidated Entities $ 6,434,000 $ 6,537,000   $ 6,434,000   $ 6,537,000    
Loss of Unconsolidated Subsidiaries (48,000)   $ 0 (238,000) $ 0      
Net Income Attributable to Noncontrolling Interests (19,000)   0 (92,000) 586,000      
IMH Financial Corporation Stockholders' Equity 28,829,000 45,810,000   28,829,000   45,810,000    
Total Assets 172,774,000 185,816,000   172,774,000   185,816,000    
Liabilities 109,498,000 108,003,000   109,498,000   108,003,000    
Noncontrolling Interests 2,949,000 2,365,000   2,949,000   2,365,000    
Liabilities and Equity 172,774,000 $ 185,816,000   172,774,000   $ 185,816,000    
Equity Method Investee [Member]                
Subsidiary or Equity Method Investee [Line Items]                
IMH Financial Corporation Stockholders' Equity $ 3,000,000     $ 3,000,000        
Minimum [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Ownership percentage 2.40%     2.40%        
Maximum [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Ownership percentage 48.00%     48.00%        
Lakeside JV [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Ownership interest (percent)   90.00%       90.00%    
Payments to acquire equity method investments   $ 4,200,000            
Equity method investments $ 3,600,000     $ 3,600,000        
Additional project contributions payable       $ 600,000        
Preferred return percentage       12.00%        
Internal rate of return percentage       26.00%        
Equity distribution percentage       50.00%        
Investment in Unconsolidated Entities 3,400,000     $ 3,400,000        
Lakeside JV [Member] | Park City Development, LLC [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Noncontrolling ownership interest in joint venture (percent)   10.00%       10.00%    
Payments to acquire equity method investments   $ 500,000            
Equity distribution percentage       50.00%        
Utah JV [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Proceeds from financing of investment in joint venture           $ 1,700,000    
Not Primary Beneficiary [Member] | Lakeside JV [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Company's Maximum Exposure to Loss in Entity 2,386,000     $ 2,386,000        
IMH Gabella [Member]                
Subsidiary or Equity Method Investee [Line Items]                
Ownership interest (percent)             90.00%  
Noncontrolling ownership interest in joint venture (percent)             7.00%  
Additional ownership interest available to noncontrolling interests (percent)             3.00%  
Fair value of future obligation of sale profit participation $ 700,000     $ 700,000        
Available borrowing capacity             $ 24,000,000 $ 24,000,000
Construction project equity contribution     $ 11,500,000   $ 11,500,000