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Investments (Details)
1 Months Ended 3 Months Ended 12 Months Ended
Oct. 31, 2016
USD ($)
Mar. 31, 2019
USD ($)
loan
Dec. 31, 2018
USD ($)
loan
Mar. 31, 2018
USD ($)
Dec. 31, 2018
USD ($)
Available-for-sale Securities, Amortized Cost Basis [Abstract]          
Investment in debt securities - Basis   $ 152,261,000 $ 147,386,000   $ 147,386,000
Available-for-sale Securities, Gross Unrealized Gain (Loss) [Abstract]          
Investment in debt securities - Gross unrealized gains   410,000 250,000   250,000
Available-for-sale Securities [Abstract]          
Investment in debt securities   152,083,000 146,811,000   146,811,000
Investment in debt securities - Gross unrealized loss   (588,000) $ (825,000)   (825,000)
Proceeds from Sale of Available-for-sale Securities, Debt   39,635,000   $ 0  
Gain (Loss) on Sale of Securities, Net   $ 8,000      
Number of loans | loan   7,018 7,111    
Secured Debt [1],[2],[3]   $ 593,121,000 $ 610,199,000   610,199,000
Purchase of debt securities   64,014,000   $ 0  
Investments in beneficial interests   30,809,000 22,086,000   22,086,000
Oileus Residential Loan Trust          
Available-for-sale Securities [Abstract]          
Purchase of debt securities $ 6,300,000        
Available-for-sale Securities, Gross Realized Gains         200,000
Senior Notes          
Available-for-sale Securities [Abstract]          
Investment in debt securities   50,000,000 144,100,000   144,100,000
Subordinated Debt          
Available-for-sale Securities [Abstract]          
Investment in debt securities   4,600,000 9,400,000   9,400,000
Accumulated Net Investment Gain (Loss) Attributable to Noncontrolling Interest          
Available-for-sale Securities, Amortized Cost Basis [Abstract]          
Investment in beneficial interests - Basis   183,070,000 169,472,000   169,472,000
Available-for-sale Securities, Gross Unrealized Gain (Loss) [Abstract]          
Investment in beneficial interests - Gross unrealized gains     250,000   250,000
Investment in beneficial interests - Gross unrealized loss     (825,000)   (825,000)
Available-for-sale Securities [Abstract]          
Investment in beneficial interests   182,892,000 168,897,000   168,897,000
Beneficial interests          
Available-for-sale Securities, Amortized Cost Basis [Abstract]          
Investment in beneficial interests - Basis   30,809,000 22,086,000   22,086,000
Available-for-sale Securities, Gross Unrealized Gain (Loss) [Abstract]          
Investment in beneficial interests - Gross unrealized gains   0 0   0
Investment in beneficial interests - Gross unrealized loss   0 0   0
Available-for-sale Securities [Abstract]          
Investment in beneficial interests   30,809,000 22,086,000   22,086,000
Beneficial interests          
Available-for-sale Securities [Abstract]          
Investments in beneficial interests   $ 9,500,000 $ 21,800,000   $ 21,800,000
[1] As of March 31, 2019, balances for Mortgage loans, net includes $370.5 million and Secured borrowings, net of deferred costs includes $227.3 million from the 50% and 63% owned joint ventures, respectively. As of December 31, 2018, balances for Mortgage loans, net include $377.0 million and Secured borrowings, net of deferred costs includes $231.9 million from a 50% and 63% owned joint ventures, all of which the Company consolidates under U.S. GAAP.
[2] Mortgage loans net include $883.1 million and $897.8 million of loans at March 31, 2019 and December 31, 2018, 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 $1.3 million and $1.2 million of allowance for loan losses at March 31, 2019 and December 31, 2018, respectively.
[3] Secured borrowings and Convertible senior notes are presented net of deferred issuance costs.