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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Assets    
Cash and cash equivalents $ 11,789,000 $ 9,702,000
Funds held by lender and restricted cash 143,000 177,000
Mortgage loans, net 19,668,000 378,000
Real Estate Acquired through Foreclosure 64,641,000 122,072,000
Goodwill 15,380,000 0
Other intangibles, net 958,000 0
Other receivables 410,000 1,125,000
Investment in unconsolidated entities 0 6,522,000
Other assets 899,000 628,000
Property and equipment, net 570,000 284,000
Assets of discontinued operations 0 94,112,000
Total assets 114,458,000 146,266,000
Liabilities    
Accounts payable and accrued expenses 7,904,000 3,237,000
Accrued property taxes 301,000 219,000
Dividends payable 539,000 539,000
Accrued interest 189,000 379,000
Customer deposits and funds held for others 750,000 264,000
Notes payable, net of discount 34,105,000 14,046,000
Note payable and special assessment obligations, held for sale 0 3,581,000
Liabilities of discontinued operations 0 55,184,000
Total liabilities 43,788,000 77,449,000
Redeemable convertible preferred stock, $.01 par value; 100,000,000 shares authorized; 8,200,000 shares outstanding; liquidation preference of $39,570 34,859,000 32,143,000
Commitments, contingencies and subsequent events (Note 15 and Note 18)
Stockholders’ Equity    
Common stock, $.01 par value; 200,000,000 shares authorized; 18,079,522 and 17,552,139 shares issued at December 31, 2017 and 2016, respectively; 16,253,426 and 15,922,321 shares outstanding at December 31, 2017 and 2016, respectively 181,000 176,000
Less: Treasury stock, at cost, 1,826,096 and 1,629,818 shares at December 31, 2017 and 2016, respectively (6,286,000) (5,948,000)
Paid-in capital 714,889,000 718,911,000
Accumulated deficit (679,535,000) (678,778,000)
Total IMH Financial Corporation stockholders’ equity 29,249,000 34,361,000
Noncontrolling interests 6,562,000 2,313,000
Total stockholders’ equity 35,811,000 36,674,000
Total liabilities and stockholders’ equity 114,458,000 146,266,000
Held For Sale [Member]    
Assets    
Real Estate Acquired through Foreclosure 5,853,000 17,837,000
Operating Properties [Member]    
Assets    
Real Estate Acquired through Foreclosure 20,484,000 0
Other Real Estate Owned [Member]    
Assets    
Real Estate Acquired through Foreclosure $ 38,304,000 $ 15,501,000