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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
ASSETS    
Cash and cash equivalents $ 25,452 $ 11,789
Funds held by lender and restricted cash 198 143
Mortgage loans, net 23,234 19,668
REO assets acquired through foreclosure 75,011 64,641
Goodwill 15,357 15,380
Other intangibles, net 641 958
Other receivables 1,320 410
Other assets 2,033 899
Property and equipment, net 393 570
Total assets 143,639 114,458
LIABILITIES    
Accounts payable and accrued expenses 8,385 7,904
Accrued property taxes 305 301
Dividends payable 857 539
Accrued interest 653 189
Customer deposits and funds held for others 552 750
Notes payable, net of discount 36,314 34,105
Total liabilities 47,066 43,788
Preferred stock, value, issued 45,663 34,859
Commitments and contingencies
STOCKHOLDERS' EQUITY    
Common stock, $.01 par value; 200,000,000 shares authorized; 18,596,774 and 18,079,522 shares issued at December 31, 2018 and 2017, respectively; 16,726,610 and 16,253,426 shares outstanding at December 31, 2018 and 2017, respectively 186 181
Less: Treasury stock, at cost, 1,870,164 and 1,826,096 shares at December 31, 2018 and 2017, respectively (6,286) (6,286)
Paid-in capital 708,523 714,889
Accumulated deficit (692,876) (679,535)
Total IMH Financial Corporation stockholders' equity 9,547 29,249
Non-controlling interests 19,616 6,562
Total stockholders' equity 29,163 35,811
Total liabilities and stockholders’ equity 143,639 114,458
Perpetual Preferred Stock [Member]    
LIABILITIES    
Preferred stock, value, issued 21,747 0
Held For Sale [Member]    
ASSETS    
REO assets acquired through foreclosure 7,418 5,853
Operating Properties [Member]    
ASSETS    
REO assets acquired through foreclosure 33,866 20,484
Other Real Estate Owned [Member]    
ASSETS    
REO assets acquired through foreclosure $ 33,727 $ 38,304