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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
ASSETS    
Cash and cash equivalents $ 22,769 $ 25,452
Funds held by lender and restricted cash 2,379 198
REO assets acquired through foreclosure 80,000 75,000
Goodwill 15,357 15,357
Other intangibles, net 571 641
Other receivables 1,371 1,320
Other assets 3,198 2,033
Property and equipment, net 365 393
Total assets 149,806 143,639
LIABILITIES    
Accounts payable and accrued expenses 8,886 8,385
Accrued property taxes 273 305
Dividends payable 1,255 857
Accrued interest 359 653
Customer deposits and funds held for others 1,791 552
Notes payable, net of deferred financing fees 44,397 36,314
Total liabilities 56,961 47,066
Commitments and contingencies (Note 13)
STOCKHOLDERS' EQUITY    
Common stock, $.01 par value; 200,000,000 shares authorized; 18,709,078 and 18,596,774 shares issued at March 31, 2019 and December 31, 2018, respectively; 16,338,914 and 16,726,610 shares outstanding at March 31, 2019 and December 31, 2018, respectively 187 186
Less: Treasury stock, at cost, 2,370,164 and 1,870,164 shares at March 31, 2019 and December 31, 2018, respectively (7,286) (6,286)
Paid-in capital 706,568 708,523
Accumulated deficit (698,012) (692,876)
Total IMH Financial Corporation stockholders' equity 1,457 9,547
Non-controlling interests 22,993 19,616
Total stockholders' equity 24,450 29,163
Total liabilities and stockholders’ equity 149,806 143,639
Series B Preferred Stock [Member]    
LIABILITIES    
Preferred stock, value, issued 46,634 45,663
Series A Preferred Stock [Member]    
LIABILITIES    
Preferred stock, value, issued 21,761 21,747
Held For Sale [Member]    
ASSETS    
REO assets acquired through foreclosure 7,418 7,418
Operating Properties [Member]    
ASSETS    
REO assets acquired through foreclosure 39,129 33,866
Other Real Estate Owned [Member]    
ASSETS    
REO assets acquired through foreclosure $ 33,727 $ 33,727