Related Party Transactions (Tables)

3 Months Ended

Mar. 31, 2020

Related Party Transactions [Abstract]

Schedule of related party transactions

The Company’s consolidated statements of income included the following significant related party transactions ($ in thousands):

			Three months ended March 31,
Transaction	Consolidated Statement of Income location	Counterparty	2020		2019
Interest income	Interest income	Various non-consolidated joint ventures	$	2,019	$	2,416
Loan servicing fees	Related party expense – loan servicing fees	Gregory	$	2,014	$	2,506
Management fee	Related party expense – management fee	Thetis	$	1,799	$	1,688
Income/(loss) from equity investment	Income from investments in affiliates	Great Ajax FS	$	(276)	$	128
Loss on sale of mortgage loans	Loss on sale of mortgage loans	Gaea	$	(705)	$	—
Income/(loss) from equity investment	Income from investments in affiliates	Thetis	$	(966)	$	279

The Company’s consolidated balance sheets included the following significant related party balances ($ in thousands):

			As of March 31, 2020
Transaction	Consolidated Balance Sheet location	Counterparty	Amount
Receivables from Servicer	Receivable from Servicer	Gregory	$	17,322
Management fee payable	Management fee payable	Thetis	$	1,795
Expense reimbursement receivable	Prepaid expenses and other assets	Gregory	$	865
Advances to Servicer	Prepaid expenses and other assets	Gregory	$	757
Expense reimbursement receivable	Prepaid expenses and other assets	Various non-consolidated joint ventures	$	377
Expense reimbursement receivable	Prepaid expenses and other assets	Gaea	$	98
Expense reimbursement receivable	Prepaid expenses and other assets	Thetis	$	87
Expense reimbursements	Accrued expenses and other liabilities	Various non-consolidated joint ventures	$	7

​			As of December 31, 2019
Transaction	Consolidated Balance Sheet location	Counterparty	Amount
Receivables from Servicer	Receivable from Servicer	Gregory	$	17,013
Management fee payable	Management fee payable	Thetis	$	1,634
Expense reimbursements receivable	Prepaid expenses and other assets	Gregory	$	687
Advances to Servicer	Prepaid expenses and other assets	Gregory	$	585
Expense reimbursements receivable	Prepaid expenses and other assets	Various non-consolidated joint ventures	$	241
Expense reimbursements receivable	Prepaid expenses and other assets	Thetis	$	87
Expense reimbursements	Accrued expenses and other liabilities	Gaea	$	68
Expense reimbursements	Accrued expenses and other liabilities	Various non-consolidated joint ventures	$	10