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Related party Transactions - Narrative (Details)
3 Months Ended 6 Months Ended 12 Months Ended
Apr. 06, 2020
USD ($)
Nov. 22, 2019
USD ($)
shares
Jun. 30, 2021
USD ($)
loan
Jun. 30, 2020
USD ($)
loan
Jun. 30, 2021
USD ($)
calendarQuarter
loan
Jun. 30, 2020
USD ($)
loan
Dec. 31, 2020
USD ($)
loan
Dec. 31, 2019
USD ($)
loanPool
Jun. 21, 2021
USD ($)
Mar. 14, 2016
Related Party Transaction [Line Items]                    
Number of purchased loans | loan             15      
Unpaid principal balance           $ 26,200,000        
Collateral value           $ 44,200,000        
Number of sold loans | loan     760 0   26        
Carrying value of mortgages [1],[2]     $ 955,628,000   $ 955,628,000   $ 1,119,372,000      
Loss on sale of mortgage loans         0 $ (705,000)        
Investment In securities     232,900,000 $ 0 232,900,000 61,300,000        
Investment in debt securities     424,600,000   424,600,000   273,800,000      
Proceeds from issuance of preferred stock and warrants, net of offering costs $ 125,000,000.0     130,000,000.0 $ 0 124,977,000        
Percentage of management fees payable in cash, minimum         50.00%          
Percentage of management fees payable in cash, maximum         100.00%          
Management fee payable     2,267,000   $ 2,267,000   2,247,000      
Percentage of incentive fees payable in cash         100.00%          
Period of termination of license agreement         30 days          
2017-D                    
Related Party Transaction [Line Items]                    
Unpaid principal balance     $ 133,800,000   $ 133,800,000          
Number of sold loans | loan     760   760          
Carrying value of mortgages     $ 129,200,000   $ 129,200,000   $ 133,896,000      
Investment in Loan pool LLCs                    
Related Party Transaction [Line Items]                    
Ownership percentage               40.40%    
Number of entities | loanPool               3    
Cash payment in business acquisition               $ 1,000,000.0    
Ajax E Master Trust | AS Ajax E LLC                    
Related Party Transaction [Line Items]                    
Ownership percentage     5.00%   5.00%          
AS Ajax E LLC                    
Related Party Transaction [Line Items]                    
Ownership percentage     16.50%   16.50%   16.50%     24.20%
Gaea Real Estate Corp.                    
Related Party Transaction [Line Items]                    
Proceeds from issuance of preferred stock and warrants, net of offering costs   $ 66,300,000                
Private placement share issuance (in shares) | shares   4,419,641                
Ownership percentage   23.20% 22.90%   22.90%          
Gaea Real Estate Corp. | Third party                    
Related Party Transaction [Line Items]                    
Ownership percentage by third parties   76.80% 77.10%   77.10%          
Prepaid expenses and other assets                    
Related Party Transaction [Line Items]                    
Amount of transaction     $ 1,346,000   $ 1,346,000   $ 876,000      
Financial Asset, Past Due                    
Related Party Transaction [Line Items]                    
Securities past due     0   0   0      
Beneficial interests in securitization trusts                    
Related Party Transaction [Line Items]                    
Investment in subordinate notes         39,500,000          
Investment in beneficial interests     39,500,000     7,100,000        
Senior notes                    
Related Party Transaction [Line Items]                    
Investment in senior notes     170,000,000.0   170,000,000.0 49,600,000        
Subordinated debt                    
Related Party Transaction [Line Items]                    
Investment in subordinate notes     $ 23,500,000   $ 23,500,000 4,600,000        
Mortgage loans                    
Related Party Transaction [Line Items]                    
Carrying value of mortgages       26,100,000   26,100,000        
Gaea Real Estate Corp.                    
Related Party Transaction [Line Items]                    
Bond principal balance             $ 11,000,000.0   $ 11,000,000.0  
Number of originated SBC loans acquired | loan         18   20      
Fixed interest rate                 4.25%  
Servicer                    
Related Party Transaction [Line Items]                    
Purchase Price             $ 1,800,000      
Unpaid principal balance             2,100,000      
Collateral value             3,700,000      
Gregory                    
Related Party Transaction [Line Items]                    
Fixed interest rate     7.20%   7.20%          
Ceiling for each repurchase facility     $ 12,000,000.0   $ 12,000,000.0          
Gregory | Servicing agreement                    
Related Party Transaction [Line Items]                    
Percentage of fair market value of REO         1.00%          
Percentage of purchase price of REO         1.00%          
Gregory | Servicing agreement | Minimum                    
Related Party Transaction [Line Items]                    
Servicing fees percentage         0.65%          
Gregory | Servicing agreement | Maximum                    
Related Party Transaction [Line Items]                    
Servicing fees percentage         1.25%          
Gregory | Prepaid expenses and other assets                    
Related Party Transaction [Line Items]                    
Amount of transaction     (80,000)   $ (80,000)   (44,000)      
Gregory | Prepaid expenses and other assets | Receivable from servicer for REO acquisitions                    
Related Party Transaction [Line Items]                    
Amount of transaction     0   $ 0   0      
Thetis Asset Management LLC | Management agreement                    
Related Party Transaction [Line Items]                    
Base management fee percentage         1.50%          
Thetis Asset Management LLC | Amended and restated management agreement                    
Related Party Transaction [Line Items]                    
Management fee payable     1,000,000.0   $ 1,000,000.0          
Percentage of base management fees payable in cash         75.00%          
Percentage of base management fee payable in shares of common stock         25.00%          
Percentage in excess of base management fees payable in cash         50.00%          
Percentage in excess of base management fees payable in shares         50.00%          
Period of common shares held as base management fee (at least)         3 years          
Percentage of remaining incentive fee in excess of book value         8.00%          
Number of calendar quarters | calendarQuarter         8          
Percentage of remaining incentive fee payable in common stock         20.00%          
Incentive fee payable     $ 0 $ 0 $ 0 $ 0        
Percentage of independent directors         66.67%          
Thetis Asset Management LLC | Prepaid expenses and other assets                    
Related Party Transaction [Line Items]                    
Amount of transaction             $ 18,000      
[1] As of June 30, 2021, balances for Mortgage loans, net include $1.9 million from a 50.0% owned joint venture. As of December 31, 2020, balances for Mortgage loans, net include $307.1 million and Secured borrowings, net of deferred costs includes $250.6 million from 50.0% and 63.0% owned joint ventures, all of which the Company consolidates under U.S. Generally Accepted Accounting Principles ("U.S. GAAP"). The creditors do not have recourse to the primary beneficiary (Great Ajax Corp.). See Note 9 — Debt.
[2] Mortgage loans, net include $821.6 million and $842.2 million of loans at June 30, 2021 and December 31, 2020, 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 $9.8 million and $13.7 million of allowance for loan credit losses at June 30, 2021 and December 31, 2020, respectively.