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Debt - Schedule of Status of Notes and Securitizations (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Debt Instrument [Line Items]    
Mortgage loans, net [1],[2] $ 1,151,469 $ 1,310,873
Mortgage loans    
Debt Instrument [Line Items]    
Mortgage loans, net 908,600 897,833
Bond principal balance $ 659,715 $ 616,499
Percentage of collateral coverage 138.00% 146.00%
Original balances at securitization cutoff date Mortgage UPB $ 1,516,241  
Original balances at securitization cutoff date Bond principal balance 1,030,405  
Debt issuance costs, net 7,000 $ 6,300
Mortgage loans | 2016-C    
Debt Instrument [Line Items]    
Mortgage loans, net 0 102,563
Bond principal balance $ 0 $ 69,692
Percentage of collateral coverage 0.00% 147.00%
Original balances at securitization cutoff date Mortgage UPB $ 157,808  
Original balances at securitization cutoff date Bond principal balance 102,575  
Mortgage loans | 2017-A    
Debt Instrument [Line Items]    
Mortgage loans, net 0 $ 157,033
Bond principal balance $ 0 $ 102,755
Percentage of collateral coverage 0.00% 153.00%
Original balances at securitization cutoff date Mortgage UPB $ 216,413  
Original balances at securitization cutoff date Bond principal balance 140,669  
Mortgage loans | 2017-B    
Debt Instrument [Line Items]    
Mortgage loans, net 121,909 $ 132,902
Bond principal balance $ 84,624 $ 99,857
Percentage of collateral coverage 144.00% 133.00%
Original balances at securitization cutoff date Mortgage UPB $ 165,850  
Original balances at securitization cutoff date Bond principal balance 115,846  
Mortgage loans | 2017-C    
Debt Instrument [Line Items]    
Mortgage loans, net 137,369 $ 146,938
Bond principal balance $ 94,126 $ 109,616
Percentage of collateral coverage 146.00% 134.00%
Original balances at securitization cutoff date Mortgage UPB $ 185,942  
Original balances at securitization cutoff date Bond principal balance 130,159  
Mortgage loans | 2017-D    
Debt Instrument [Line Items]    
Mortgage loans, net 148,119 $ 163,791
Bond principal balance $ 60,934 $ 69,528
Percentage of collateral coverage 243.00% 236.00%
Original balances at securitization cutoff date Mortgage UPB $ 203,870  
Original balances at securitization cutoff date Bond principal balance 88,903  
Cash collateral for borrowed securities 26,700  
Mortgage loans | 2018-C    
Debt Instrument [Line Items]    
Mortgage loans, net 179,303 $ 194,606
Bond principal balance $ 146,925 $ 165,051
Percentage of collateral coverage 122.00% 118.00%
Original balances at securitization cutoff date Mortgage UPB $ 222,181  
Original balances at securitization cutoff date Bond principal balance 167,910  
Cash collateral for borrowed securities 45,500  
Mortgage loans | 2019-D    
Debt Instrument [Line Items]    
Mortgage loans, net 165,963 $ 0
Bond principal balance $ 146,383 $ 0
Percentage of collateral coverage 113.00% 0.00%
Original balances at securitization cutoff date Mortgage UPB $ 193,301  
Original balances at securitization cutoff date Bond principal balance 156,670  
Mortgage loans | 2019-F    
Debt Instrument [Line Items]    
Mortgage loans, net 155,899 $ 0
Bond principal balance $ 126,723 $ 0
Percentage of collateral coverage 123.00% 0.00%
Original balances at securitization cutoff date Mortgage UPB $ 170,876  
Original balances at securitization cutoff date Bond principal balance 127,673  
Class A notes | Mortgage loans | 2017-D    
Debt Instrument [Line Items]    
Secured borrowings 60,900 $ 69,500
Class A notes | Mortgage loans | 2017-D    
Debt Instrument [Line Items]    
Original Principal 177,800 139,000
Class A notes | Mortgage loans | 2018-C    
Debt Instrument [Line Items]    
Original Principal 170,500  
Class A Notes | Mortgage loans | 2017-D    
Debt Instrument [Line Items]    
Original Principal 121,900  
Class A Notes | Mortgage loans | 2018-C    
Debt Instrument [Line Items]    
Original Principal 148,500 167,500
Secured borrowings 141,000 159,200
Class B Notes | Mortgage loans | 2018-C    
Debt Instrument [Line Items]    
Original Principal 15,900 15,900
Secured borrowings $ 5,900 $ 5,900
[1] As of December 31, 2019, balances for Mortgage loans, net includes $341.8 million and Secured borrowings, net of deferred costs includes $284.8 million from the 50.0% and 63.0% owned joint ventures, respectively. As of December 31, 2018, balances for Mortgage loans, net include $377.0 million and Secured borrowings, net of deferred costs includes $231.9 million from the 50.0% and 63.0% owned joint ventures, all of which the Company consolidates under U.S. Generally Accepted Accounting Principles ("U.S. GAAP").
[2] Mortgage loans, net include $908.6 million and $897.8 million of loans at December 31, 2019 and December 31, 2018, respectively, transferred to securitization trusts that are variable interest entities (“VIEs”); these loans can only be used to settle obligations of the VIEs. Secured borrowings consist of notes issued by VIEs that can only be settled with the assets and cash flows of the VIEs. The creditors do not have recourse to the primary beneficiary (Great Ajax Corp.). See Note 9 — Debt. Mortgage loans, net include $2.0 million and $1.2 million of allowance for loan losses at December 31, 2019 and December 31, 2018, respectively.