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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Treasury stock
Additional Paid-in Capital
Retained Earnings
Accumulated other comprehensive loss
Total Stockholders’ Equity
Non-controlling Interest
Beginning balance (in shares) at Dec. 31, 2016   18,122,387            
Beginning balance at Dec. 31, 2016 $ 282,723 $ 181 $ 0 $ 244,880 $ 27,231 $ 0 $ 272,292 $ 10,431
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income attributable to common stockholders 28,927       28,927   28,927  
Net income 30,154             1,227
Sale of shares (in shares)   286,841            
Sale of shares 4,052 $ 3   4,049     4,052  
Shelf registration fees (188)     (188)     (188)  
Issuance of non-controlling interest in subsidiaries 16,190             16,190
Issuance of shares under dividend reinvestment (in shares)   12,710            
Issuance of shares under dividend reinvestment 174     174     174  
Stock-based management fee expense (in shares)   122,350            
Stock-based management fee expense 2,335 $ 2   2,333     2,335  
Stock-based compensation expense (in shares)   43,940            
Stock-based compensation expense 912     912     912  
Dividends and distributions (21,368)       (20,602)   (20,602) (766)
Conversion premium - Convertible senior notes 2,687     2,687     2,687  
Other comprehensive loss (233)         (233) (233)  
Treasury stock 0              
Ending balance (in shares) at Dec. 31, 2017   18,588,228            
Ending balance at Dec. 31, 2017 317,438 $ 186 0 254,847 35,556 (233) 290,356 27,082
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income attributable to common stockholders 28,340       28,340   28,340  
Net income 31,337             2,997
Issuance of shares to Great Ajax FS LLC   75,001            
Issuance of shares for investment in Great Ajax FS LLC 1,011 $ 1   1,010     1,011  
Issuance of non-controlling interest in subsidiaries 6,709             6,709
Issuance of shares under dividend reinvestment (in shares)   14,953            
Issuance of shares under dividend reinvestment 199     199     199  
Stock-based management fee expense (in shares)   196,503            
Stock-based management fee expense 2,786 $ 2   2,784     2,786  
Stock-based compensation expense (in shares)   55,466            
Stock-based compensation expense 1,203     1,203     1,203  
Dividends and distributions (26,286)       (22,943)   (22,943) (3,343)
Conversion premium - Convertible senior notes 494     494     494  
Other comprehensive loss (342)         (342) (342)  
Cumulative effect of accounting change 0     (110) 110      
Treasury stock $ (270)   (270)       (270)  
Ending balance (in shares) at Dec. 31, 2018 18,909,874 18,909,874            
Ending balance at Dec. 31, 2018 $ 334,279 $ 189 (270) 260,427 41,063 (575) 300,834 33,445
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income attributable to common stockholders 34,705       34,705   34,705  
Net income 37,089             2,384
Sale of shares (in shares)   2,278,518            
Sale of shares 34,301 $ 23   34,278     34,301  
Stock Issued During Period, Shares, Conversion of Units   624,106            
Conversion of Operating Partnership Units 0 $ 6   10,810     10,816 (10,816)
Issuance of non-controlling interest in subsidiaries 22             22
Issuance of shares under dividend reinvestment (in shares)   20,107            
Issuance of shares under dividend reinvestment 280     280     280  
Stock-based management fee expense (in shares)   237,237            
Stock-based management fee expense 2,593 $ 3   2,590     2,593  
Stock-based compensation expense (in shares)   85,272            
Stock-based compensation expense 1,011 $ 1   1,010     1,011  
Dividends and distributions (27,111)       (26,322)   (26,322) (789)
Other comprehensive loss 1,852         1,852 1,852  
Treasury stock (in shares)   (12,971)            
Treasury stock $ (188)   (188)       (188)  
Ending balance (in shares) at Dec. 31, 2019 22,142,143 22,142,143            
Ending balance at Dec. 31, 2019 $ 384,084 $ 222 $ (458) $ 309,395 $ 49,446 $ 1,277 $ 359,882 $ 24,202