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Schedule IV Mortgage loans on real estate - Schedule of Mortgage Loans (Details)
12 Months Ended
Dec. 31, 2019
USD ($)
loan
Dec. 31, 2018
USD ($)
loan
Mortgage Loans on Real Estate [Line Items]    
Loan Count | loan 6,184 7,111
Carrying value [1],[2] $ 1,151,469,000 $ 1,310,873,000
Principal amount subject to delinquent principal and interest 532,820,000  
Amount of balloon payments at maturity 148,887,000  
Aggregate cost for federal income tax purposes 1,067,300,000  
Maximum    
Mortgage Loans on Real Estate [Line Items]    
Principal amount subject to delinquent principal and interest $ 5,000,000.0  
$0 – 49,999    
Mortgage Loans on Real Estate [Line Items]    
Loan Count | loan 598  
Carrying value $ 16,516,000  
Principal amount subject to delinquent principal and interest 8,438,000  
Amount of balloon payments at maturity $ 1,452,000  
$0 – 49,999 | Minimum    
Mortgage Loans on Real Estate [Line Items]    
Interest rate 0.00%  
$0 – 49,999 | Maximum    
Mortgage Loans on Real Estate [Line Items]    
Interest rate 13.50%  
$50,000 – 99,999    
Mortgage Loans on Real Estate [Line Items]    
Loan Count | loan 1,185  
Carrying value $ 84,471,000  
Principal amount subject to delinquent principal and interest 40,491,000  
Amount of balloon payments at maturity $ 6,359,000  
$50,000 – 99,999 | Minimum    
Mortgage Loans on Real Estate [Line Items]    
Interest rate 0.00%  
$50,000 – 99,999 | Maximum    
Mortgage Loans on Real Estate [Line Items]    
Interest rate 15.00%  
$100,000 – 149,999    
Mortgage Loans on Real Estate [Line Items]    
Loan Count | loan 1,294  
Carrying value $ 147,677,000  
Principal amount subject to delinquent principal and interest 75,703,000  
Amount of balloon payments at maturity $ 10,714,000  
$100,000 – 149,999 | Minimum    
Mortgage Loans on Real Estate [Line Items]    
Interest rate 0.00%  
$100,000 – 149,999 | Maximum    
Mortgage Loans on Real Estate [Line Items]    
Interest rate 17.00%  
$150,000 – 199,999    
Mortgage Loans on Real Estate [Line Items]    
Loan Count | loan 889  
Carrying value $ 139,959,000  
Principal amount subject to delinquent principal and interest 69,309,000  
Amount of balloon payments at maturity $ 9,425,000  
$150,000 – 199,999 | Minimum    
Mortgage Loans on Real Estate [Line Items]    
Interest rate 2.00%  
$150,000 – 199,999 | Maximum    
Mortgage Loans on Real Estate [Line Items]    
Interest rate 13.00%  
$200,000 – 249,999    
Mortgage Loans on Real Estate [Line Items]    
Loan Count | loan 584  
Carrying value $ 118,735,000  
Principal amount subject to delinquent principal and interest 59,263,000  
Amount of balloon payments at maturity $ 11,657,000  
$200,000 – 249,999 | Minimum    
Mortgage Loans on Real Estate [Line Items]    
Interest rate 1.99%  
$200,000 – 249,999 | Maximum    
Mortgage Loans on Real Estate [Line Items]    
Interest rate 10.93%  
$250,000+    
Mortgage Loans on Real Estate [Line Items]    
Loan Count | loan 1,634  
Carrying value $ 644,111,000  
Principal amount subject to delinquent principal and interest 279,616,000  
Amount of balloon payments at maturity $ 109,280,000  
$250,000+ | Minimum    
Mortgage Loans on Real Estate [Line Items]    
Interest rate 0.00%  
$250,000+ | Maximum    
Mortgage Loans on Real Estate [Line Items]    
Interest rate 12.00%  
[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.