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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Assets    
Cash and Cash Equivalents $ 48,235 $ 9,702
Funds Held by Lender and Restricted Cash 3,387 177
Mortgage Loans Held for Sale, Net 385 378
Real Estate Acquired through Foreclosure 37,597 122,072
Other Receivables 1,860 1,125
Investment in Unconsolidated Entities 3,180 6,522
Other Assets 426 628
Property and Equipment, Net 243 284
Assets of Discontinued Operations 1,487 94,112
Total Assets 96,800 146,266
Liabilities    
Accounts Payable and Accrued Expenses 3,038 3,237
Accrued Property Taxes 187 219
Dividends Payable 528 539
Accrued Interest Payable 271 379
Customer Deposits and Funds Held for Others 3,723 264
Notes Payable, Net of Discount 14,140 14,046
Notes Payable and Special Assessment Obligations, Held for Sale 3,581 3,581
Liabilities of Discontinued Operations 1,175 55,184
Total Liabilities 26,643 77,449
Redeemable Convertible Preferred Stock, $.01 par value; 100,000,000 shares authorized; 8,200,000 shares outstanding; liquidation preference of $39,570 32,802 32,143
Commitments, Contingencies and Subsequent Events
Stockholders’ Equity    
Common stock, $.01 par value; 200,000,000 shares authorized; 17,940,471 and 17,552,139 shares issued at March 31, 2017 and December 31, 2016; 16,114,376 and 15,922,321 shares outstanding at March 31, 2017 and December 31, 2016, respectively 179 176
Less: Treasury stock at cost, 1,826,096 and 1,629,818 shares at March 31, 2017 and December 31, 2016, respectively (6,170) (5,948)
Paid-in Capital 717,873 718,911
Accumulated Deficit (676,754) (678,778)
Total IMH Financial Corporation Stockholders’ Equity 35,128 34,361
Noncontrolling Interests 2,227 2,313
Total Stockholders’ Equity 37,355 36,674
Total Liabilities and Stockholders’ Equity 96,800 146,266
Held For Sale [Member]    
Assets    
Real Estate Acquired through Foreclosure 17,903 17,837
Other Real Estate Owned [Member]    
Assets    
Real Estate Acquired through Foreclosure $ 19,694 $ 15,501