Great ajax corp. (AJXA)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14
Financing Receivable, Allowance for Credit Losses

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0

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ASSETS
Cash and cash equivalents

31,179

64,343

57,905

55,728

41,542

55,146

59,758

34,710

47,459

53,721

43,086

42,040

29,840

35,723

23,318

68,359

23,893

30,795

28,507

36,240

27,104

53,099

Cash held in trust

19

20

21

22

23

24

45,527

25

26

27,041

1,075

29

714

1,185

35

382

1,067

39

-

-

-

-

Mortgage loans, net

1,098,629

1,151,469

1,164,914

1,198,100

1,313,677

1,310,873

1,272,644

1,231,195

1,247,213

1,253,541

1,053,285

1,044,745

856,756

869,091

755,627

630,534

584,298

554,877

510,594

444,408

285,834

211,159

Property held-for-sale, net

10,905

13,537

16,541

21,335

18,580

19,402

20,463

22,807

23,769

24,900

27,342

28,278

27,339

23,882

19,505

16,551

13,380

10,333

9,168

9,018

5,541

1,316

Rental property, net

1,345

1,534

38,292

20,883

19,242

17,635

8,080

5,540

5,228

1,284

1,921

1,969

1,552

1,289

915

760

1,155

58

121

121

122

290

Investments at fair value

247,400

231,700

190,800

157,763

152,083

146,800

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-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investments at fair value

-

-

-

-

-

-

51,751

-

-

6,285

-

-

-

-

-

-

-

-

-

-

-

-

Investments in beneficial interests

64,700

58,000

45,700

40,231

30,809

22,100

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-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Receivable from servicer

-

-

-

-

-

14,587

-

-

-

17,005

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-

-

-

-

-

-

-

-

-

-

-

Investments in debt securities at fair value

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-

-

-

-

-

-

32,214

6,218

-

6,306

6,303

6,255

6,323

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-

-

-

-

-

-

Receivable from servicer

17,322

17,013

17,406

18,686

18,746

-

13,106

16,473

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-

-

-

-

-

-

-

-

-

-

-

-

-

Receivable from servicer

-

-

-

-

-

-

-

-

18,627

-

12,930

16,067

13,695

12,481

9,147

6,949

8,108

5,444

6,458

3,538

1,737

1,340

Investments in affiliates

28,028

29,649

9,097

8,799

8,904

8,653

8,737

9,536

8,727

7,020

7,079

1,862

4,324

4,253

3,923

3,900

3,810

2,625

2,532

2,445

-

2,237

Loans purchase deposit

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0

0

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50

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-

-

-

-

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-

Investment in affiliate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,340

-

Prepaid expenses and other assets

38,345

9,637

13,043

9,643

12,576

7,654

12,410

6,856

5,318

4,894

4,389

4,829

1,637

3,125

6,762

2,320

6,973

5,634

8,218

6,068

3,661

3,317

Total assets

1,537,847

1,576,841

1,553,686

1,531,230

1,616,182

1,602,871

1,492,476

1,359,356

1,362,585

1,395,738

1,157,413

1,146,122

942,112

957,402

819,232

729,755

642,684

609,805

565,598

501,838

326,339

272,758

LIABILITIES AND EQUITY
Liabilities:
Secured borrowings, net

630,938

652,747

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610,199

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-

-

-

-

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-

-

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Mortgage loans

-

-

-

-

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-

-

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-

996,203

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-

-

-

-

-

-

-

-

-

-

Secured borrowings, net

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631,228

506,741

593,121

-

631,207

633,136

662,494

694,040

496,342

522,706

428,168

442,670

416,079

346,070

260,032

265,006

197,836

116,349

82,962

84,679

Secured borrowings

-

-

631,228

506,741

593,121

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-

-

694,040

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-

-

-

-

-

-

-

-

-

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-

Borrowings under repurchase transactions

431,091

414,114

438,388

554,122

560,404

534,089

420,461

295,655

273,199

276,385

258,402

245,526

222,797

227,440

119,232

102,240

136,496

104,533

130,798

153,804

15,052

15,249

Convertible senior notes, net

111,420

118,784

118,464

118,148

117,838

117,525

103,162

102,961

102,764

102,571

102,383

82,083

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0

-

-

-

-

-

-

-

-

Management fee payable

1,795

1,634

1,215

814

951

881

777

770

762

750

750

750

750

750

750

703

679

667

646

441

374

258

Accrued expenses and other liabilities

5,329

5,478

6,427

5,819

7,193

5,898

4,704

4,158

3,723

4,554

4,027

2,697

3,253

3,819

2,164

3,443

3,273

1,786

3,209

2,794

2,800

1,292

Total liabilities

1,180,573

1,192,757

1,195,722

1,185,644

1,279,507

1,268,592

1,160,311

1,036,680

1,042,942

1,078,300

861,904

853,762

654,968

674,679

538,225

452,456

400,480

371,992

332,489

273,388

101,188

101,478

Commitments and contingencies – see Note 8

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Equity:
Preferred stock $0.01 par value; 25,000,000 shares authorized, none issued or outstanding

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Common stock $0.01 par value; 125,000,000 shares authorized, 22,921,935 shares at March 31, 2020 and 22,142,143 shares at December 31, 2019 issued and outstanding

230

222

204

197

190

189

189

188

187

186

183

182

181

181

181

179

152

152

152

152

152

112

Additional paid-in capital

316,762

309,395

283,069

273,438

261,527

260,427

258,854

257,836

256,512

254,847

249,936

248,803

245,436

244,880

244,641

244,180

211,983

211,729

211,595

211,361

210,863

158,951

Treasury stock

514

458

397

352

310

270

232

151

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0

-

-

-

-

-

-

-

-

-

-

-

-

Retained earnings

42,749

49,446

49,649

48,301

41,372

41,063

40,518

39,620

37,615

35,556

34,875

32,880

31,104

27,231

25,803

22,666

19,896

15,921

11,530

7,279

4,589

2,744

Accumulated other comprehensive gain/(loss)

-27,167

1,277

1,544

532

-178

-575

-203

-396

-343

-233

-170

-131

-140

0

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-

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-

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-

Equity attributable to stockholders

332,060

359,882

334,069

322,116

302,601

300,834

299,126

297,097

293,971

290,356

284,824

281,734

276,581

272,292

270,625

267,025

232,031

227,802

223,277

218,792

215,604

161,807

Debt issuance costs, net

-

-

-

-

-

-

-

-

-

1,800

-

-

-

-

-

-

-

-

-

-

-

-

Non-controlling interests

25,214

24,202

23,895

23,470

34,074

33,445

33,039

25,579

25,672

27,082

10,685

10,626

10,563

10,431

10,382

10,274

10,173

10,011

9,832

9,658

9,547

9,473

Non-controlling interests

25,214

24,202

23,895

23,470

34,074

33,445

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-

-

27,082

-

-

-

-

-

-

-

-

-

-

-

-

Total equity

357,274

384,084

357,964

345,586

336,675

334,279

332,165

322,676

319,643

317,438

295,509

292,360

287,144

282,723

281,007

277,299

242,204

237,813

233,109

228,450

225,151

171,280

Total liabilities and equity

1,537,847

1,576,841

1,553,686

1,531,230

1,616,182

1,602,871

1,492,476

1,359,356

1,362,585

1,395,738

1,157,413

1,146,122

942,112

957,402

819,232

729,755

642,684

609,805

565,598

501,838

326,339

272,758

Consolidated Entities
Mortgage loans

-

-

-

-

-

-

-

-

-

177,100

-

-

-

-

-

-

-

-

-

-

-

-

Secured borrowings

-

-

-

-

-

-

-

-

-

88,400

-

-

-

-

-

-

-

-

-

-

-

-

Secured borrowings

-

-

-

-

-

-

-

-

-

88,400

-

-

-

-

-

-

-

-

-

-

-

-

Non-controlling interests

-

-

-

-

-

-

-

-

-

14,000

-

-

-

-

-

-

-

-

-

-

-

-

Non-controlling interests

-

-

-

-

-

-

-

-

-

14,000

-

-

-

-

-

-

-

-

-

-

-

-