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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Assets    
Cash and cash equivalents $ 15,714 $ 11,789
Funds held by lender and restricted cash 267 143
Mortgage loans, net 19,728 19,668
Real Estate Acquired through Foreclosure 66,000 64,600
Goodwill 15,380 15,380
Other intangibles, net 850 958
Other receivables 438 410
Other assets 1,543 899
Property and equipment, net 524 570
Total assets 120,807 114,458
Liabilities    
Accounts payable and accrued expenses 6,432 7,904
Accrued property taxes 369 301
Dividends payable 592 539
Accrued interest 304 189
Customer deposits and funds held for others 809 750
Notes payable, net of discount and deferred financing costs 34,628 34,105
Total liabilities 43,134 43,788
Redeemable convertible preferred stock, $.01 par value; 100,000,000 shares authorized; 10,552,941 and 8,200,000 shares outstanding; liquidation preference of $51,170 and $39,570 at March 31, 2018 and December 31, 2017, respectively 42,863 34,859
Commitments, contingencies and subsequent events (Note 13)
Stockholders’ Equity    
Common stock, $.01 par value; 200,000,000 shares authorized; 18,517,683 and 18,079,522 shares issued at March 31, 2018 and December 31, 2017; 16,691,587 and 16,253,426 shares outstanding at March 31, 2018 and December 31, 2017, respectively 185 181
Less: Treasury stock at cost, 1,826,096 at March 31, 2018 and December 31, 2017 (6,286) (6,286)
Paid-in capital 714,213 714,889
Accumulated deficit (683,239) (679,535)
Total IMH Financial Corporation stockholders’ equity 24,873 29,249
Noncontrolling interests 9,937 6,562
Total stockholders’ equity 34,810 35,811
Total liabilities and stockholders’ equity 120,807 114,458
Held For Sale [Member]    
Assets    
Real Estate Acquired through Foreclosure 12,646 5,853
Operating Properties [Member]    
Assets    
Real Estate Acquired through Foreclosure 21,158 20,484
Other Real Estate Owned [Member]    
Assets    
Real Estate Acquired through Foreclosure $ 32,559 $ 38,304