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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Assets    
Cash and Cash Equivalents $ 11,449 $ 7,603
Funds Held by Lender and Restricted Cash 2,239 3,541
Mortgage Loans Held for Sale, Net 378 11,147
Real Estate Acquired through Foreclosure 122,072 152,867
Other Real Estate Owned 15,501 27,701
Other Receivables 1,956 1,889
Investment in Unconsolidated Entities 6,522 6,537
Other Assets 1,366 1,773
Property and Equipment, Net 284 459
Total Assets 146,266 185,816
Liabilities    
Accounts Payable and Accrued Expenses 5,092 8,846
Accrued Property Taxes 348 287
Dividends Payable 539 539
Accrued Interest Payable 699 654
Customer Deposits and Funds Held for Others 2,434 2,385
Notes Payable, Net of Discount 63,599 85,014
Notes Payable and Special Assessment Obligations, Held for Sale 3,581 0
Note Payable to Related Party 0 4,969
Special Assessment Obligations 0 4,134
Capital Lease Obligations 1,157 1,175
Total Liabilities 77,449 108,003
Redeemable Convertible Preferred Stock, $.01 par value; 100,000,000 shares authorized; 8,200,000 shares outstanding; liquidation preference of $39,570 32,143 29,638
Commitments, contingencies and subsequent events
Stockholders’ Equity    
Common stock, $.01 par value; 200,000,000 shares authorized; 17,552,139 and 17,166,997 shares issued at December 31, 2016 and 2015; 15,922,321 and 15,537,179 shares outstanding at December 31, 2016 and 2015, respectively 176 172
Less: Treasury stock at cost, 1,629,818 shares at December 31, 2016 and 2015 (5,948) (5,948)
Paid-in Capital 718,911 722,764
Accumulated Deficit (678,778) (671,178)
Total IMH Financial Corporation Stockholders’ Equity 34,361 45,810
Noncontrolling Interests 2,313 2,365
Total Stockholders’ Equity 36,674 48,175
Total Liabilities and Stockholders’ Equity 146,266 185,816
Held For Sale [Member]    
Assets    
Real Estate Acquired through Foreclosure 17,837 5,346
Held For Development [Member]    
Assets    
Real Estate Acquired through Foreclosure 0 3,664
Operating Properties [Member]    
Assets    
Real Estate Acquired through Foreclosure $ 88,734 $ 116,156