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Debt - Schedule of Status of Notes and Securitizations (Details) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Mar. 31, 2020
Dec. 31, 2019
Debt Instrument [Line Items]    
Carrying value of mortgages [1],[2] $ 1,098,629 $ 1,151,469
Mortgage loans    
Debt Instrument [Line Items]    
Carrying value of mortgages 888,230 908,562
Bond principal balance $ 637,116 $ 659,715
Percentage of collateral coverage 139.00% 138.00%
Original balances at securitization cutoff date Mortgage UPB $ 1,142,020  
Original balances at securitization cutoff date Bond principal balance 787,161  
Debt issuance costs, net 6,200 $ 7,000
Mortgage loans | 2017-B    
Debt Instrument [Line Items]    
Carrying value of mortgages 120,075 121,909
Bond principal balance $ 80,325 $ 84,624
Percentage of collateral coverage 149.00% 144.00%
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]    
Carrying value of mortgages 136,177 $ 137,369
Bond principal balance $ 91,159 $ 94,126
Percentage of collateral coverage 149.00% 146.00%
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]    
Carrying value of mortgages 140,364 $ 148,119
Bond principal balance $ 57,434 $ 60,934
Percentage of collateral coverage 244.00% 243.00%
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]    
Carrying value of mortgages 176,116 $ 179,303
Bond principal balance $ 140,815 $ 146,925
Percentage of collateral coverage 125.00% 122.00%
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]    
Carrying value of mortgages 161,705 $ 165,963
Bond principal balance $ 142,980 $ 146,383
Percentage of collateral coverage 113.00% 113.00%
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]    
Carrying value of mortgages 153,793 $ 155,899
Bond principal balance $ 124,403 $ 126,723
Percentage of collateral coverage 124.00% 123.00%
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]    
Original Principal 114,900 $ 121,900
Secured borrowings 57,400 60,900
Class A Notes | Mortgage loans | 2018-C    
Debt Instrument [Line Items]    
Original Principal 142,000 148,500
Secured borrowings 134,900 141,000
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 March 31, 2020, balances for Mortgage loans, net includes $316.5 million and Secured borrowings, net of deferred costs includes $271.6 million from the 50% and 63% owned joint ventures, respectively. As of December 31, 2019, balances for Mortgage loans, net include $341.8 million and Secured borrowings, net of deferred costs includes $284.8 million from a 50% and 63% owned joint ventures, all of which the Company consolidates under U.S. Generally Accepted Accounting Principles ("U.S. GAAP").
[2] Mortgage loans net include $888.2 million and $908.6 million of loans at March 31, 2020 and December 31, 2019, 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 $16.1 million and $2.0 million of allowance for loan credit losses at March 31, 2020 and December 31, 2019, respectively.