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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Assets    
Cash and Cash Equivalents $ 34,089 $ 9,702
Funds Held by Lender and Restricted Cash 308 177
Mortgage Loans, Net 7,203 378
Real Estate Acquired through Foreclosure 51,112 122,072
Other Receivables 340 1,125
Investment in Unconsolidated Entities 0 6,522
Other Assets 4,279 628
Property and Equipment, Net 533 284
Assets of Discontinued Operations 592 94,112
Total Assets 98,456 146,266
Liabilities    
Accounts Payable and Accrued Expenses 4,078 3,237
Accrued Property Taxes 238 219
Dividends Payable 539 539
Accrued Interest Payable 431 379
Customer Deposits and Funds Held for Others 368 264
Notes Payable, Net of Discount 14,787 14,046
Notes Payable and Special Assessment Obligations, Held for Sale 2,920 3,581
Liabilities of Discontinued Operations 493 55,184
Total Liabilities 23,854 77,449
Redeemable Convertible Preferred Stock, $.01 par value; 100,000,000 shares authorized; 8,200,000 shares outstanding; liquidation preference of $39,570 34,160 32,143
Commitments, Contingencies and Subsequent Events
Stockholders’ Equity    
Common stock, $.01 par value; 200,000,000 shares authorized; 18,079,522 and 17,552,139 shares issued at September 30, 2017 and December 31, 2016; 16,253,426 and 15,922,321 shares outstanding at September 30, 2017 and December 31, 2016, respectively 181 176
Less: Treasury stock at cost, 1,826,096 and 1,629,818 shares at September 30, 2017 and December 31, 2016, respectively (6,170) (5,948)
Paid-in Capital 715,881 718,911
Accumulated Deficit (675,595) (678,778)
Total IMH Financial Corporation Stockholders’ Equity 34,297 34,361
Noncontrolling Interests 6,145 2,313
Total Stockholders’ Equity 40,442 36,674
Total Liabilities and Stockholders’ Equity 98,456 146,266
Held For Sale [Member]    
Assets    
Real Estate Acquired through Foreclosure 15,252 17,837
Other Real Estate Owned [Member]    
Assets    
Real Estate Acquired through Foreclosure $ 35,860 $ 15,501