XML 14 R3.htm IDEA: XBRL DOCUMENT v3.21.2
CONSOLIDATED BALANCE SHEETS (Parentheticals) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Preferred stock, par value per share (in dollars per share) $ 0.01 $ 0.01
Preferred stock, shares authorized (in shares) 25,000,000 25,000,000
Common stock, par value per share (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 125,000,000 125,000,000
Common stock, shares issued (in shares) 22,993,246 22,978,339
Common stock, shares outstanding (in shares) 22,993,246 22,978,339
Mortgage loans $ 821,600 $ 842,200
Allowance for loan credit losses 9,833 13,712
Property held-for-sale, valuation allowances 500 1,400
Basis 423,000 273,400
Debt securities accumulated unrealized gain (loss) 1,700 400
Noncontrolling interest [1] 4,238 29,130
Secured Borrowings    
Deferred issuance costs (9,500) (5,400)
Convertible senior notes    
Deferred issuance costs $ (2,400) $ (3,300)
2017-D    
Percentage of ownership interests in joint venture 50.00%  
2017-D | Great Ajax Corp    
Ownership percentage by parent 50.00% 50.00%
2018-C    
Percentage of ownership interests in joint venture 37.00%  
2018-C | Great Ajax Corp    
Ownership percentage by parent 100.00%  
2018-C | Third party    
Ownership percentage by parent   63.00%
Investment in AS Ajax E II LLC    
Percentage of ownership interests in joint venture 53.10% 53.10%
Investment in AS Ajax E II LLC | Great Ajax Corp    
Percentage of ownership interests in joint venture 53.10% 53.10%
Great Ajax II REIT | Great Ajax Corp    
Ownership percentage by parent 99.90% 99.90%
Consolidated entities    
Mortgage loans $ 1,900 $ 307,100
Secured borrowings, net   250,600
Noncontrolling interest 2,700 27,400
Consolidated entities | Investment in AS Ajax E II LLC    
Noncontrolling interest   1,500
Consolidated entities | Investment in AS Ajax E II LLC | Great Ajax Corp    
Noncontrolling interest 1,400  
Consolidated entities | Great Ajax II REIT    
Noncontrolling interest   $ 200
Consolidated entities | Great Ajax II REIT | Great Ajax Corp    
Noncontrolling interest $ 100  
Common stock, par value $0.01 per share    
Common stock, shares outstanding (in shares) 22,993,246 22,978,339
Beneficial interests in securitization trusts    
Allowance for loan credit losses $ 3,000 $ 4,500
Series A preferred stock    
Preferred stock, fixed-to-floating rate cumulative redeemable 7.25%  
Preferred stock, liquidation preference per share (in dollars per share) $ 25.00 $ 25.00
Preferred stock, shares issued (in shares) 2,307,400 2,307,400
Preferred stock, shares outstanding (in shares) 2,307,400 2,307,400
Series B preferred stock    
Preferred stock, fixed-to-floating rate cumulative redeemable 5.00%  
Preferred stock, liquidation preference per share (in dollars per share) $ 25.00 $ 25.00
Preferred stock, shares issued (in shares) 2,892,600 2,892,600
Preferred stock, shares outstanding (in shares) 2,892,600 2,892,600
[1] As of June 30, 2021 non-controlling interests includes $2.7 million from a 50.0% owned joint venture, $1.4 million from a 53.1% owned subsidiary and $0.1 million from a 99.9% owned subsidiary. As of December 31, 2020 non-controlling interests includes $27.4 million from the 50.0% and 63.0% owned joint ventures, $1.5 million from a 53.1% owned subsidiary and $0.2 million from a 99.9% owned subsidiary which the Company consolidates under U.S. GAAP.