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Related Party Transactions (Tables)
6 Months Ended
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,
TransactionConsolidated Statement of Income locationCounterparty20202019
Interest incomeInterest incomeVarious non-consolidated joint ventures$7,831  $3,140  
Management feeRelated party expense – management feeThetis$2,143  $1,652  
Loan servicing feesRelated party expense – loan servicing feesGregory$1,936  $2,274  
Income from equity investmentIncome from investments in affiliatesThetis$527  $196  
Income from equity investmentIncome from investments in affiliatesGreat Ajax FS$72  $ 
Gain on sale of mortgage loansGain on sale of mortgage loans2019-C$—  $7,014  

Six months ended June 30,
TransactionConsolidated Statement of Income locationCounterparty20202019
Interest incomeInterest incomeVarious non-consolidated joint ventures$9,850  $5,556  
Loan servicing feesRelated party expense – loan servicing feesGregory$3,950  $4,780  
Management feeRelated party expense – management feeThetis$3,942  $3,340  
Gain on sale of mortgage loansGain on sale of mortgage loans2019-C$—  $7,014  
Income/(loss) from equity investmentIncome from investments in affiliatesGreat Ajax FS$(204) $129  
Income/(loss) from equity investmentIncome from investments in affiliatesThetis$(439) $475  
Loss on sale of mortgage loansLoss on sale of mortgage loansGaea$(705) $—  

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

As of June 30, 2020
TransactionConsolidated Balance Sheet locationCounterpartyAmount
Receivables from ServicerReceivable from ServicerGregory$15,460  
Management fee payableManagement fee payableThetis$2,139  
Expense reimbursement receivablePrepaid expenses and other assetsGregory$918  
Expense reimbursement receivablePrepaid expenses and other assetsVarious non-consolidated joint ventures$560  
Expense reimbursement receivablePrepaid expenses and other assetsThetis$59  
As of December 31, 2019
TransactionConsolidated Balance Sheet locationCounterpartyAmount
Receivables from ServicerReceivable from ServicerGregory$17,013  
Management fee payableManagement fee payableThetis$1,634  
Expense reimbursements receivablePrepaid expenses and other assetsGregory$687  
Advances to ServicerPrepaid expenses and other assetsGregory$585  
Expense reimbursements receivablePrepaid expenses and other assetsVarious non-consolidated joint ventures$241  
Expense reimbursements receivablePrepaid expenses and other assetsThetis$87  
Expense reimbursementsAccrued expenses and other liabilitiesGaea$68  
Expense reimbursementsAccrued expenses and other liabilitiesVarious non-consolidated joint ventures$10