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Mortgage Loans - Schedule of Carrying Value of Mortgage Loans (Details) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Mortgage Loans on Real Estate    
Carrying value of mortgages [1],[2] $ 1,080,617 $ 1,151,469
Great Ajax II REIT    
Mortgage Loans on Real Estate    
Carrying value of mortgages 308,596 321,861
7f7 and better    
Mortgage Loans on Real Estate    
Carrying value of mortgages 232,820 230,431
2018-C    
Mortgage Loans on Real Estate    
Carrying value of mortgages 174,854 179,302
2017-D    
Mortgage Loans on Real Estate    
Carrying value of mortgages 137,121 148,120
CALIFORNIA    
Mortgage Loans on Real Estate    
Carrying value of mortgages 118,747 134,424
4f4-6f6 and below    
Mortgage Loans on Real Estate    
Carrying value of mortgages 103,080 113,897
Non-PCD    
Mortgage Loans on Real Estate    
Carrying value of mortgages 5,399 23,434
Current    
Mortgage Loans on Real Estate    
Carrying value of mortgages 691,313 676,143
Current | Great Ajax II REIT    
Mortgage Loans on Real Estate    
Carrying value of mortgages 254,360 265,677
Current | 7f7 and better    
Mortgage Loans on Real Estate    
Carrying value of mortgages 163,097 147,722
Current | 2018-C    
Mortgage Loans on Real Estate    
Carrying value of mortgages 96,276 75,253
Current | 2017-D    
Mortgage Loans on Real Estate    
Carrying value of mortgages 83,239 68,996
Current | CALIFORNIA    
Mortgage Loans on Real Estate    
Carrying value of mortgages 80,421 90,658
Current | 4f4-6f6 and below    
Mortgage Loans on Real Estate    
Carrying value of mortgages 12,493 6,412
Current | Non-PCD    
Mortgage Loans on Real Estate    
Carrying value of mortgages 1,427 21,425
30    
Mortgage Loans on Real Estate    
Carrying value of mortgages 94,932 146,208
30 | Great Ajax II REIT    
Mortgage Loans on Real Estate    
Carrying value of mortgages 21,214 37,553
30 | 7f7 and better    
Mortgage Loans on Real Estate    
Carrying value of mortgages 22,875 29,371
30 | 2018-C    
Mortgage Loans on Real Estate    
Carrying value of mortgages 18,616 33,904
30 | 2017-D    
Mortgage Loans on Real Estate    
Carrying value of mortgages 15,549 28,318
30 | CALIFORNIA    
Mortgage Loans on Real Estate    
Carrying value of mortgages 9,721 12,733
30 | 4f4-6f6 and below    
Mortgage Loans on Real Estate    
Carrying value of mortgages 6,706 4,329
30 | Non-PCD    
Mortgage Loans on Real Estate    
Carrying value of mortgages 251 0
60    
Mortgage Loans on Real Estate    
Carrying value of mortgages 88,312 93,806
60 | Great Ajax II REIT    
Mortgage Loans on Real Estate    
Carrying value of mortgages 19,437 14,034
60 | 7f7 and better    
Mortgage Loans on Real Estate    
Carrying value of mortgages 21,155 22,645
60 | 2018-C    
Mortgage Loans on Real Estate    
Carrying value of mortgages 17,081 19,756
60 | 2017-D    
Mortgage Loans on Real Estate    
Carrying value of mortgages 12,160 14,452
60 | CALIFORNIA    
Mortgage Loans on Real Estate    
Carrying value of mortgages 8,926 9,123
60 | 4f4-6f6 and below    
Mortgage Loans on Real Estate    
Carrying value of mortgages 7,617 12,946
60 | Non-PCD    
Mortgage Loans on Real Estate    
Carrying value of mortgages 1,936 850
90    
Mortgage Loans on Real Estate    
Carrying value of mortgages 166,808 197,015
90 | Great Ajax II REIT    
Mortgage Loans on Real Estate    
Carrying value of mortgages 13,484 4,597
90 | 7f7 and better    
Mortgage Loans on Real Estate    
Carrying value of mortgages 25,181 28,864
90 | 2018-C    
Mortgage Loans on Real Estate    
Carrying value of mortgages 35,369 42,315
90 | 2017-D    
Mortgage Loans on Real Estate    
Carrying value of mortgages 23,899 33,166
90 | CALIFORNIA    
Mortgage Loans on Real Estate    
Carrying value of mortgages 17,918 20,737
90 | 4f4-6f6 and below    
Mortgage Loans on Real Estate    
Carrying value of mortgages 49,172 66,177
90 | Non-PCD    
Mortgage Loans on Real Estate    
Carrying value of mortgages 1,785 1,159
Foreclosure    
Mortgage Loans on Real Estate    
Carrying value of mortgages 39,252 38,297
Foreclosure | Great Ajax II REIT    
Mortgage Loans on Real Estate    
Carrying value of mortgages 101 0
Foreclosure | 7f7 and better    
Mortgage Loans on Real Estate    
Carrying value of mortgages 512 1,829
Foreclosure | 2018-C    
Mortgage Loans on Real Estate    
Carrying value of mortgages 7,512 8,074
Foreclosure | 2017-D    
Mortgage Loans on Real Estate    
Carrying value of mortgages 2,274 3,188
Foreclosure | CALIFORNIA    
Mortgage Loans on Real Estate    
Carrying value of mortgages 1,761 1,173
Foreclosure | 4f4-6f6 and below    
Mortgage Loans on Real Estate    
Carrying value of mortgages 27,092 24,033
Foreclosure | Non-PCD    
Mortgage Loans on Real Estate    
Carrying value of mortgages $ 0 $ 0
[1] As of June 30, 2020, balances for Mortgage loans, net includes $312.0 million and Secured borrowings, net of deferred costs includes $263.6 million from 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 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 $871.7 million and $908.6 million of loans at June 30, 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 $14.5 million and $2.0 million of allowance for loan credit losses at June 30, 2020 and December 31, 2019, respectively.