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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (6,322)us-gaap_ProfitLoss $ (8,048)us-gaap_ProfitLoss
Gain on sale of MSRs (1,112)imh_GainLossOnSaleOfMortgageServicingRights (77)imh_GainLossOnSaleOfMortgageServicingRights
Change in fair value of mortgage servicing rights 6,229us-gaap_MortgageServicingRightsMSRImpairmentRecovery (6,490)us-gaap_MortgageServicingRightsMSRImpairmentRecovery
Gain on sale of AmeriHome (1,208)us-gaap_GainLossOnSaleOfBusiness  
Impairment of deferred charge 453us-gaap_AssetImpairmentCharges 0us-gaap_AssetImpairmentCharges
Gain on sale of loans (23,668)us-gaap_GainLossOnSaleOfMortgageLoans (61,743)us-gaap_GainLossOnSaleOfMortgageLoans
Change in fair value of mortgage loans held-for-sale (6,857)us-gaap_IncreaseDecreaseInLoansHeldForSale 2,895us-gaap_IncreaseDecreaseInLoansHeldForSale
Change in fair value of derivatives lending, net 27imh_IncreaseDecreaseInFairValueOfDerivativesLendingNet 1,797imh_IncreaseDecreaseInFairValueOfDerivativesLendingNet
Provision for repurchases 1,190imh_ProvisionForRepurchases 1,750imh_ProvisionForRepurchases
Origination of mortgage loans held-for-sale (2,845,494)us-gaap_PaymentsForOriginationOfMortgageLoansHeldForSale (2,493,884)us-gaap_PaymentsForOriginationOfMortgageLoansHeldForSale
Sale and principal reduction on mortgage loans held-for-sale 2,736,431us-gaap_ProceedsFromSaleOfMortgageLoansHeldForSale 2,520,551us-gaap_ProceedsFromSaleOfMortgageLoansHeldForSale
Gains from REO (7,581)imh_LossFromRealEstateOwned (8,816)imh_LossFromRealEstateOwned
Change in fair value of net trust assets, excluding REO (8,658)imh_IncreaseDecreaseInFairValueOfNetTrustAssetsExcludingRealEstateOwned 6,250imh_IncreaseDecreaseInFairValueOfNetTrustAssetsExcludingRealEstateOwned
Change in fair value of long-term debt 4,014imh_IncreaseDecreaseInFairValueOfLongTermDebt 687imh_IncreaseDecreaseInFairValueOfLongTermDebt
Accretion of interest income and expense 180,478imh_AccretionOfInterestIncomeAndExpense 215,653imh_AccretionOfInterestIncomeAndExpense
Change in REO impairment reserve 4,776imh_IncreaseDecreaseInRealEstateOwnedImpairmentReserve 4,906imh_IncreaseDecreaseInRealEstateOwnedImpairmentReserve
Amortization of debt issuance costs and discount on note payable 48imh_AmortizationOfDebtIssuanceCostAndDebtDiscountPremium 30imh_AmortizationOfDebtIssuanceCostAndDebtDiscountPremium
Stock-based compensation 1,921us-gaap_ShareBasedCompensation 1,971us-gaap_ShareBasedCompensation
Net change in restricted cash (953)us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities 1,763us-gaap_IncreaseDecreaseInRestrictedCashForOperatingActivities
Net cash used in operating activities of discontinued operations (7,560)us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations (8,194)us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
Net change in other assets and liabilities 3,827us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet 3,468us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet
Net cash provided by operating activities 29,981us-gaap_NetCashProvidedByUsedInOperatingActivities 174,469us-gaap_NetCashProvidedByUsedInOperatingActivities
CASH FLOWS FROM INVESTING ACTIVITIES:    
Net change in securitized mortgage collateral 634,714imh_NetChangeInSecuritizedMortgageCollateral 739,154imh_NetChangeInSecuritizedMortgageCollateral
Proceeds from the sale of mortgage servicing rights 28,388us-gaap_ProceedsFromSaleOfMortgageServicingRightsMSR 3,065us-gaap_ProceedsFromSaleOfMortgageServicingRightsMSR
Finance receivable advances to customers (76,317)us-gaap_PaymentsToAcquireFinanceReceivables  
Repayments of finance receivables 67,959us-gaap_ProceedsFromSaleAndCollectionOfFinanceReceivables  
Net change in mortgages held-for-investment 7us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment (55)us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
Purchase of equipment (18)us-gaap_PaymentsToAcquireProductiveAssets (362)us-gaap_PaymentsToAcquireProductiveAssets
Net principal change on investment securities available-for-sale 76us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities 72us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities
Acquisition of noncontrolling interest   (350)us-gaap_PaymentsToAcquireAdditionalInterestInSubsidiaries
Proceeds from the sale of real estate owned 36,288us-gaap_ProceedsFromSaleOfOtherRealEstate 45,703us-gaap_ProceedsFromSaleOfOtherRealEstate
Proceeds from the sale of AmeriHome 10,200us-gaap_ProceedsFromDivestitureOfBusinesses  
Net cash provided by investing activities 701,297us-gaap_NetCashProvidedByUsedInInvestingActivities 787,227us-gaap_NetCashProvidedByUsedInInvestingActivities
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayment of warehouse borrowings (2,611,066)us-gaap_RepaymentsOfShortTermDebt (2,364,679)us-gaap_RepaymentsOfShortTermDebt
Borrowings under warehouse agreement 2,718,150us-gaap_ProceedsFromShortTermDebt 2,376,709us-gaap_ProceedsFromShortTermDebt
Repayment of line of credit (28,250)us-gaap_RepaymentsOfLinesOfCredit (13,500)us-gaap_RepaymentsOfLinesOfCredit
Borrowings under line of credit 29,250us-gaap_ProceedsFromLinesOfCredit 16,500us-gaap_ProceedsFromLinesOfCredit
Repayment of securitized mortgage borrowings (844,499)us-gaap_ProceedsFromRepaymentsOfSecuredDebt (995,200)us-gaap_ProceedsFromRepaymentsOfSecuredDebt
Issuance of Convertible Notes   20,000us-gaap_ProceedsFromConvertibleDebt
Issuance of short-term structured debt 6,000us-gaap_ProceedsFromNotesPayable  
Principal payments on notes payable   (3,451)us-gaap_RepaymentsOfNotesPayable
Principal payments on capital lease (736)us-gaap_RepaymentsOfLongTermCapitalLeaseObligations (769)us-gaap_RepaymentsOfLongTermCapitalLeaseObligations
Capitalized debt issuance costs (60)us-gaap_PaymentsOfDebtIssuanceCosts (267)us-gaap_PaymentsOfDebtIssuanceCosts
Proceeds from exercise of stock options 37us-gaap_ProceedsFromStockOptionsExercised 175us-gaap_ProceedsFromStockOptionsExercised
Net cash used in financing activities (731,174)us-gaap_NetCashProvidedByUsedInFinancingActivities (964,482)us-gaap_NetCashProvidedByUsedInFinancingActivities
Net change in cash and cash equivalents 104us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (2,786)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of year 9,969us-gaap_CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations 12,755us-gaap_CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
Cash and cash equivalents at end of period - continuing operations 10,073us-gaap_CashAndCashEquivalentsAtCarryingValue 9,969us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of period 10,073us-gaap_CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations 9,969us-gaap_CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
SUPPLEMENTARY INFORMATION (Continuing and Discontinued Operations):    
Interest paid, net 56,595us-gaap_InterestPaid 65,525us-gaap_InterestPaid
Taxes paid, net of refunds 725us-gaap_IncomeTaxesPaid 209us-gaap_IncomeTaxesPaid
NON-CASH TRANSACTIONS (Continuing and Discontinued Operations):    
Transfer of securitized mortgage collateral to real estate owned 33,377us-gaap_TransferOfOtherRealEstate 38,224us-gaap_TransferOfOtherRealEstate
Mortgage servicing rights retained from loan sales and issuance of mortgage backed securities 29,388imh_MortgageServicingRightsRetainedFromLoanSalesAndIssuanceOfMortgageBackedSecurities 21,776imh_MortgageServicingRightsRetainedFromLoanSalesAndIssuanceOfMortgageBackedSecurities
Common stock issued upon legal settlement 3,448imh_CommonStockIssuedUponLegalSettlement 2,760imh_CommonStockIssuedUponLegalSettlement
Acquisition of equipment purchased through capital leases 573us-gaap_CapitalLeaseObligationsIncurred 1,171us-gaap_CapitalLeaseObligationsIncurred
Common stock issued for acquisition of noncontrolling interest   1,100us-gaap_StockIssued1
Increase in ownership of AmeriHome   $ 911imh_IncreaseInOwnershipInterestOfSubsidiary