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Related Party Transactions (Tables) | 6 Months Ended
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Jun. 30, 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 June 30, |  |
Transaction |  | Consolidated Statement of Income location |  | Counterparty |  | 2020 |  | 2019
Interest income |  | Interest income |  | Various non-consolidated joint ventures |  | $ | 7,831 |  |  | $ | 3,140 |
Management fee |  | Related party expense – management fee |  | Thetis |  | $ | 2,143 |  |  | $ | 1,652 |
Loan servicing fees |  | Related party expense – loan servicing fees |  | Gregory |  | $ | 1,936 |  |  | $ | 2,274 |
Income from equity investment |  | Income from investments in affiliates |  | Thetis |  | $ | 527 |  |  | $ | 196 |
Income from equity investment |  | Income from investments in affiliates |  | Great Ajax FS |  | $ | 72 |  |  | $ | 1 |
Gain on sale of mortgage loans |  | Gain on sale of mortgage loans |  | 2019-C |  | $ | — |  |  | $ | 7,014 |
|  |  |  |  |  | Six months ended June 30, |  |
Transaction |  | Consolidated Statement of Income location |  | Counterparty |  | 2020 |  | 2019
Interest income |  | Interest income |  | Various non-consolidated joint ventures |  | $ | 9,850 |  |  | $ | 5,556 |
Loan servicing fees |  | Related party expense – loan servicing fees |  | Gregory |  | $ | 3,950 |  |  | $ | 4,780 |
Management fee |  | Related party expense – management fee |  | Thetis |  | $ | 3,942 |  |  | $ | 3,340 |
Gain on sale of mortgage loans |  | Gain on sale of mortgage loans |  | 2019-C |  | $ | — |  |  | $ | 7,014 |
Income/(loss) from equity investment |  | Income from investments in affiliates |  | Great Ajax FS |  | $ | (204) |  |  | $ | 129 |
Income/(loss) from equity investment |  | Income from investments in affiliates |  | Thetis |  | $ | (439) |  |  | $ | 475 |
Loss on sale of mortgage loans |  | Loss on sale of mortgage loans |  | Gaea |  | $ | (705) |  |  | $ | — |
The Company’s consolidated balance sheets included the following significant related party balances ($ in thousands):
|  |  |  |  |  | As of June 30, 2020
Transaction |  | Consolidated Balance Sheet location |  | Counterparty |  | Amount
Receivables from Servicer |  | Receivable from Servicer |  | Gregory |  | $ | 15,460 |
Management fee payable |  | Management fee payable |  | Thetis |  | $ | 2,139 |
Expense reimbursement receivable |  | Prepaid expenses and other assets |  | Gregory |  | $ | 918 |
Expense reimbursement receivable |  | Prepaid expenses and other assets |  | Various non-consolidated joint ventures |  | $ | 560 |
Expense reimbursement receivable |  | Prepaid expenses and other assets |  | Thetis |  | $ | 59 |
​ |  |  |  |  |  | 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 |

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- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References No definition available. + Details
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