2014 Q4 Form 10-Q Financial Statement

#000110465914079833 Filed on November 12, 2014

View on sec.gov

Income Statement

Concept 2014 Q4 2014 Q3 2013 Q4
Revenue $11.50M $12.48M $17.70M
YoY Change -35.03% -26.96% -41.39%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $14.20M $13.70M $14.80M
YoY Change -4.05% -35.98% -29.19%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $14.20M $13.47M $14.70M
YoY Change -3.4% -36.93% -29.67%
Operating Profit
YoY Change
Interest Expense -$2.800M $78.88M -$1.700M
YoY Change 64.71% 6.0% -51.43%
% of Operating Profit
Other Income/Expense, Net $3.200M $839.0K
YoY Change -310.8%
Pretax Income -$2.300M -$158.0K -$2.700M
YoY Change -14.81% -96.62% -190.0%
Income Tax -$100.0K $307.0K $0.00
% Of Pretax Income
Net Earnings -$2.200M -$1.201M -$3.700M
YoY Change -40.54% -75.73% 640.0%
Net Earnings / Revenue -19.13% -9.63% -20.9%
Basic Earnings Per Share
Diluted Earnings Per Share -$229.2K -$126.3K -$415.7K
COMMON SHARES
Basic Shares Outstanding 9.588M shares 9.466M shares 8.883M shares
Diluted Shares Outstanding 9.466M shares

Balance Sheet

Concept 2014 Q4 2014 Q3 2013 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $10.00M $13.00M $10.00M
YoY Change 0.0% -18.75% -23.08%
Cash & Equivalents $10.00M $13.19M $9.969M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $10.00M $13.00M $10.00M
YoY Change 0.0% -18.75% -23.08%
LONG-TERM ASSETS
Property, Plant & Equipment $2.526M
YoY Change 2.27%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $0.00 $322.0K
YoY Change -100.0% -84.23%
Other Assets $2.000M $2.000M $4.000M
YoY Change -50.0% -60.0% 33.33%
Total Long-Term Assets $5.569B $5.648B $5.708B
YoY Change -2.44% -0.11% -4.44%
TOTAL ASSETS
Total Short-Term Assets $10.00M $13.00M $10.00M
Total Long-Term Assets $5.569B $5.648B $5.708B
Total Assets $5.579B $5.661B $5.718B
YoY Change -2.44% -0.16% -4.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $233.0M $221.0M $120.0M
YoY Change 94.17% 93.86% 11.11%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $233.0M $221.0M $120.0M
YoY Change 94.17% 93.86% 11.11%
LONG-TERM LIABILITIES
Long-Term Debt $42.00M $38.00M $36.00M
YoY Change 16.67% 8.57% 125.0%
Other Long-Term Liabilities $5.279B $5.375B $5.537B
YoY Change -4.66% -2.13% -5.07%
Total Long-Term Liabilities $5.321B $5.413B $5.573B
YoY Change -4.52% -2.06% -4.72%
TOTAL LIABILITIES
Total Short-Term Liabilities $233.0M $221.0M $120.0M
Total Long-Term Liabilities $5.321B $5.413B $5.573B
Total Liabilities $5.554B $5.634B $5.692B
YoY Change -2.43% -0.13% -4.44%
SHAREHOLDERS EQUITY
Retained Earnings -$1.062B -$1.058B
YoY Change 0.74% 0.78%
Common Stock $96.00K $90.00K
YoY Change 7.87% 5.88%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $25.00M $26.64M $25.87M
YoY Change
Total Liabilities & Shareholders Equity $5.579B $5.661B $5.718B
YoY Change -2.44% -0.16% -4.48%

Cashflow Statement

Concept 2014 Q4 2014 Q3 2013 Q4
OPERATING ACTIVITIES
Net Income -$2.200M -$1.201M -$3.700M
YoY Change -40.54% -75.73% 640.0%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $25.50M -$83.30M $34.40M
YoY Change -25.87% -172.43% -56.01%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00 $100.0K
YoY Change -100.0% -100.0% -150.0%
Acquisitions
YoY Change
Other Investing Activities $187.0M $166.1M $161.3M
YoY Change 15.93% -20.03% -4.67%
Cash From Investing Activities $187.0M $166.1M $161.4M
YoY Change 15.86% -19.99% -4.55%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -215.7M -91.50M -201.6M
YoY Change 6.99% -71.76% -16.9%
NET CHANGE
Cash From Operating Activities 25.50M -83.30M 34.40M
Cash From Investing Activities 187.0M 166.1M 161.4M
Cash From Financing Activities -215.7M -91.50M -201.6M
Net Change In Cash -3.200M -8.700M -5.800M
YoY Change -44.83% 521.43% -223.4%
FREE CASH FLOW
Cash From Operating Activities $25.50M -$83.30M $34.40M
Capital Expenditures $0.00 $0.00 $100.0K
Free Cash Flow $25.50M -$83.30M $34.30M
YoY Change -25.66% -172.37% -56.25%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
imh Trust Assets Net Change In Fair Value Excluding Real Estate Owned
TrustAssetsNetChangeInFairValueExcludingRealEstateOwned
-1136000 USD
imh Trust Assets Net Change In Fair Value Excluding Real Estate Owned
TrustAssetsNetChangeInFairValueExcludingRealEstateOwned
-11609000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
27841000 USD
CY2014Q3 imh Trust Assets Net Change In Fair Value Including Real Estate Owned Gain Loss
TrustAssetsNetChangeInFairValueIncludingRealEstateOwnedGainLoss
92000 USD
CY2013Q4 us-gaap Loans Pledged As Collateral
LoansPledgedAsCollateral
5494152000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-2417000 USD
CY2013Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
18906000 USD
CY2013Q4 us-gaap Financial Instruments Owned And Pledged As Collateral At Fair Value
FinancialInstrumentsOwnedAndPledgedAsCollateralAtFairValue
108000 USD
CY2014Q3 us-gaap Financial Instruments Owned And Pledged As Collateral At Fair Value
FinancialInstrumentsOwnedAndPledgedAsCollateralAtFairValue
90000 USD
CY2014Q3 imh Total Trust Assets
TotalTrustAssets
5368048000 USD
us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
-2973000 USD
CY2014Q3 imh Mortgage Servicing Rights Gain Loss Net
MortgageServicingRightsGainLossNet
-998000 USD
imh Mortgage Servicing Rights Gain Loss Net
MortgageServicingRightsGainLossNet
-3540000 USD
CY2013Q3 imh Mortgage Servicing Rights Gain Loss Net
MortgageServicingRightsGainLossNet
-121000 USD
imh Mortgage Servicing Rights Gain Loss Net
MortgageServicingRightsGainLossNet
3061000 USD
imh Number Of Master Repurchase Agreements
NumberOfMasterRepurchaseAgreements
4 item
CY2014Q3 us-gaap Loans Pledged As Collateral
LoansPledgedAsCollateral
5350474000 USD
CY2014Q3 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
17484000 USD
CY2014Q3 imh Securitized Mortgage Borrowings
SecuritizedMortgageBorrowings
5346791000 USD
CY2014Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
6567000 USD
CY2014Q3 imh Total Trust Liabilities
TotalTrustLiabilities
5353358000 USD
CY2014Q3 imh Repurchase Reserve Discontinued Operations
RepurchaseReserveDiscontinuedOperations
901000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-2403000 USD
CY2013Q4 us-gaap Notes Receivable Net
NotesReceivableNet
0 USD
CY2014Q3 us-gaap Notes Receivable Net
NotesReceivableNet
4300000 USD
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
-4948000 USD
us-gaap Net Income Loss
NetIncomeLoss
-4468000 USD
dei Entity Registrant Name
EntityRegistrantName
IMPAC MORTGAGE HOLDINGS INC
dei Entity Central Index Key
EntityCentralIndexKey
0001000298
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2014-09-30
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
CY2014Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
9587972 shares
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
CY2013Q4 us-gaap Loans Held For Sale Mortgages
LoansHeldForSaleMortgages
129191000 USD
CY2014Q3 us-gaap Loans Held For Sale Mortgages
LoansHeldForSaleMortgages
234530000 USD
CY2013Q4 us-gaap Principal Amount Outstanding On Loans Securitized
PrincipalAmountOutstandingOnLoansSecuritized
3128646000 USD
CY2014Q3 us-gaap Principal Amount Outstanding On Loans Securitized
PrincipalAmountOutstandingOnLoansSecuritized
1247732000 USD
CY2014Q3 imh Principal Amount Outstanding On Loans Securitized Not Transferred
PrincipalAmountOutstandingOnLoansSecuritizedNotTransferred
-1046948000 USD
CY2014Q3 imh Gain Loss On Sale Of Mortgage Servicing Rights
GainLossOnSaleOfMortgageServicingRights
207000 USD
imh Gain Loss On Sale Of Mortgage Servicing Rights
GainLossOnSaleOfMortgageServicingRights
1388000 USD
CY2013Q3 imh Gain Loss On Sale Of Mortgage Servicing Rights
GainLossOnSaleOfMortgageServicingRights
-28000 USD
imh Gain Loss On Sale Of Mortgage Servicing Rights
GainLossOnSaleOfMortgageServicingRights
88000 USD
CY2014Q3 us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
1205000 USD
us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
4928000 USD
CY2013Q3 us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
93000 USD
imh Loss From Real Estate Owned
LossFromRealEstateOwned
-8977000 USD
imh Trust Assets Net Change In Fair Value Including Real Estate Owned Gain Loss
TrustAssetsNetChangeInFairValueIncludingRealEstateOwnedGainLoss
7841000 USD
CY2014Q3 imh Trust Assets Net Change In Fair Value Excluding Real Estate Owned
TrustAssetsNetChangeInFairValueExcludingRealEstateOwned
139000 USD
CY2014Q3 imh Loss From Real Estate Owned
LossFromRealEstateOwned
47000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
-1201000 USD
us-gaap Net Income Loss
NetIncomeLoss
-4085000 USD
CY2013Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-4671000 USD
CY2013Q4 imh Total Trust Assets
TotalTrustAssets
5513166000 USD
CY2013Q4 imh Securitized Mortgage Borrowings
SecuritizedMortgageBorrowings
5492371000 USD
CY2013Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
10214000 USD
CY2013Q4 imh Total Trust Liabilities
TotalTrustLiabilities
5502585000 USD
CY2013Q3 imh Trust Assets Net Change In Fair Value Excluding Real Estate Owned
TrustAssetsNetChangeInFairValueExcludingRealEstateOwned
-3947000 USD
CY2013Q3 imh Loss From Real Estate Owned
LossFromRealEstateOwned
-3676000 USD
imh Loss From Real Estate Owned
LossFromRealEstateOwned
-9232000 USD
CY2013Q3 imh Trust Assets Net Change In Fair Value Including Real Estate Owned Gain Loss
TrustAssetsNetChangeInFairValueIncludingRealEstateOwnedGainLoss
-271000 USD
imh Trust Assets Net Change In Fair Value Including Real Estate Owned Gain Loss
TrustAssetsNetChangeInFairValueIncludingRealEstateOwnedGainLoss
-2377000 USD
CY2013Q3 us-gaap Profit Loss
ProfitLoss
-4948000 USD
CY2013Q4 us-gaap Assets
Assets
5718325000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-465000 USD
CY2014Q3 us-gaap Assets
Assets
5660808000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
136000 USD
imh Payment To Settle Repurchase Claims Discontinued Operations
PaymentToSettleRepurchaseClaimsDiscontinuedOperations
5300000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-465000 USD
CY2013Q3 imh Net Income Loss Available To Common Stockholders Diluted Before Discontinued Operations
NetIncomeLossAvailableToCommonStockholdersDilutedBeforeDiscontinuedOperations
-4671000 USD
imh Net Income Loss Available To Common Stockholders Diluted Before Discontinued Operations
NetIncomeLossAvailableToCommonStockholdersDilutedBeforeDiscontinuedOperations
-2417000 USD
CY2014Q3 imh Net Income Loss Available To Common Stockholders Diluted Before Discontinued Operations
NetIncomeLossAvailableToCommonStockholdersDilutedBeforeDiscontinuedOperations
-465000 USD
imh Net Income Loss Available To Common Stockholders Diluted Before Discontinued Operations
NetIncomeLossAvailableToCommonStockholdersDilutedBeforeDiscontinuedOperations
-2403000 USD
CY2013Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-277000 USD
CY2014Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-736000 USD
CY2013Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-4948000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-4468000 USD
CY2014Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-1201000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-4085000 USD
CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8829000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8701000 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9466000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9262000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9262000 shares
us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
1737217000 USD
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
1635569000 USD
imh Increase Decrease In Fair Value Of Net Trust Assets Excluding Real Estate Owned
IncreaseDecreaseInFairValueOfNetTrustAssetsExcludingRealEstateOwned
2786000 USD
imh Accretion Of Interest Income And Expense
AccretionOfInterestIncomeAndExpense
137087000 USD
CY2013Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8829000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8701000 shares
imh Increase Decrease In Real Estate Owned Impairment Reserve
IncreaseDecreaseInRealEstateOwnedImpairmentReserve
-6243000 USD
imh Amortization Of Debt Issuance Cost And Debt Discount Premium
AmortizationOfDebtIssuanceCostAndDebtDiscountPremium
31000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1377000 USD
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
396000 USD
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
10200000 USD
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9466000 shares
us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
15826000 USD
us-gaap Increase Decrease In Loans Held For Sale
IncreaseDecreaseInLoansHeldForSale
5103000 USD
imh Increase Decrease In Fair Value Of Derivatives Lending Net
IncreaseDecreaseInFairValueOfDerivativesLendingNet
170000 USD
imh Provision For Repurchases
ProvisionForRepurchases
851000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 item
CY2013Q3 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
11349000 USD
CY2014Q3 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
9122000 USD
CY2013Q3 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
4933000 USD
CY2014Q3 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
3243000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1065000 USD
CY2013Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
12883000 USD
CY2013Q4 us-gaap Other Liabilities
OtherLiabilities
21481000 USD
CY2013Q4 us-gaap Liabilities
Liabilities
5692454000 USD
CY2014Q3 us-gaap Liabilities
Liabilities
5634164000 USD
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
90000 USD
CY2013Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1084173000 USD
CY2013Q4 imh Cumulative Dividends Declared
CumulativeDividendsDeclared
-822520000 USD
CY2013Q4 us-gaap Retained Earnings Unappropriated
RetainedEarningsUnappropriated
-235893000 USD
CY2013Q3 imh Servicing Income Net
ServicingIncomeNet
989000 USD
CY2014Q3 imh Servicing Income Net
ServicingIncomeNet
913000 USD
CY2013Q3 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
-70000 USD
CY2014Q3 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
195000 USD
CY2013Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-398000 USD
CY2014Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
839000 USD
CY2013Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-4680000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-158000 USD
CY2013Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-9000 USD
CY2013Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-4671000 USD
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
49279000 USD
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
20248000 USD
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
14516000 USD
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
11282000 USD
imh Servicing Income Net
ServicingIncomeNet
2929000 USD
imh Servicing Income Net
ServicingIncomeNet
3773000 USD
us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
884000 USD
us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
1662000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-2794000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
7755000 USD
us-gaap Operating Expenses
OperatingExpenses
71221000 USD
CY2013Q3 us-gaap Operating Expenses
OperatingExpenses
21362000 USD
CY2014Q3 us-gaap Operating Expenses
OperatingExpenses
13472000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-3346000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-998000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1405000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-2281000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-2403000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-2051000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-1682000 USD
us-gaap Profit Loss
ProfitLoss
-4332000 USD
us-gaap Profit Loss
ProfitLoss
-4085000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9969000 USD
CY2013Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
1467000 USD
CY2013Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
35981000 USD
CY2013Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
2277000 USD
CY2013Q4 us-gaap Other Assets
OtherAssets
26274000 USD
CY2013Q4 us-gaap Warehouse Agreement Borrowings
WarehouseAgreementBorrowings
119634000 USD
CY2013Q4 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
20000000 USD
CY2013Q4 us-gaap Long Term Debt
LongTermDebt
15871000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-1058413000 USD
CY2014Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-1062498000 USD
CY2014Q3 us-gaap Stockholders Equity
StockholdersEquity
26644000 USD
CY2014Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
5660808000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
25871000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
5718325000 USD
CY2013Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2014Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2014Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2013Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
8988910 shares
CY2014Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
9586972 shares
CY2013Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
8988910 shares
CY2014Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
9586972 shares
CY2013Q3 us-gaap Revenues
Revenues
17080000 USD
CY2013Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
15270000 USD
CY2013Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6092000 USD
CY2013Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
74216000 USD
CY2013Q3 us-gaap Interest Expense
InterestExpense
74418000 USD
CY2013Q3 imh Increase Decrease In Fair Value Of Long Term Debt
IncreaseDecreaseInFairValueOfLongTermDebt
-75000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-0.05
CY2013Q3 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-0.53
us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-0.26
us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-0.28
CY2014Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
-0.08
CY2013Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
-0.03
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
-0.18
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
-0.24
CY2014Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.13
CY2013Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.56
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.44
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.52
us-gaap Revenues
Revenues
70669000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
51923000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
19298000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
240872000 USD
us-gaap Interest Expense
InterestExpense
240836000 USD
imh Increase Decrease In Fair Value Of Long Term Debt
IncreaseDecreaseInFairValueOfLongTermDebt
453000 USD
CY2014Q3 us-gaap Revenues
Revenues
12475000 USD
us-gaap Revenues
Revenues
33425000 USD
us-gaap Operating Expenses
OperatingExpenses
42178000 USD
CY2014Q3 us-gaap Profit Loss
ProfitLoss
-1201000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
14337000 USD
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
1208000 USD
us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
53071000 USD
us-gaap Increase Decrease In Loans Held For Sale
IncreaseDecreaseInLoansHeldForSale
-345000 USD
imh Increase Decrease In Fair Value Of Derivatives Lending Net
IncreaseDecreaseInFairValueOfDerivativesLendingNet
-3630000 USD
imh Provision For Repurchases
ProvisionForRepurchases
1395000 USD
us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
1983315000 USD
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
2012054000 USD
imh Increase Decrease In Fair Value Of Net Trust Assets Excluding Real Estate Owned
IncreaseDecreaseInFairValueOfNetTrustAssetsExcludingRealEstateOwned
-6641000 USD
imh Accretion Of Interest Income And Expense
AccretionOfInterestIncomeAndExpense
165130000 USD
imh Increase Decrease In Real Estate Owned Impairment Reserve
IncreaseDecreaseInRealEstateOwnedImpairmentReserve
-4537000 USD
imh Amortization Of Debt Issuance Cost And Debt Discount Premium
AmortizationOfDebtIssuanceCostAndDebtDiscountPremium
18000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1345000 USD
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
-1398000 USD
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-7605000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-3736000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
140066000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4504000 USD
imh Net Change In Securitized Mortgage Collateral
NetChangeInSecuritizedMortgageCollateral
583248000 USD
us-gaap Proceeds From Sale Of Mortgage Servicing Rights Msr
ProceedsFromSaleOfMortgageServicingRightsMSR
28665000 USD
us-gaap Payments To Acquire Finance Receivables
PaymentsToAcquireFinanceReceivables
37872000 USD
us-gaap Proceeds From Sale And Collection Of Finance Receivables
ProceedsFromSaleAndCollectionOfFinanceReceivables
33538000 USD
us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
-60000 USD
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-7844000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
540000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
57000 USD
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
40332000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
625763000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
514295000 USD
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
1883070000 USD
us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
1889901000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
5500000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
5500000 USD
us-gaap Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
-785638000 USD
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
20000000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
3431000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
547000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
267000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
151000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-762901000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-515491000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
3308000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
2928000 USD
us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
26562000 USD
imh Mortgage Servicing Rights Retained From Loan Sales And Issuance Of Mortgage Backed Securities
MortgageServicingRightsRetainedFromLoanSalesAndIssuanceOfMortgageBackedSecurities
17169000 USD
imh Common Stock Issued Upon Legal Settlement
CommonStockIssuedUponLegalSettlement
2135000 USD
imh Increase In Ownership Interest Of Subsidiary
IncreaseInOwnershipInterestOfSubsidiary
911000 USD
us-gaap Stock Issued1
StockIssued1
1100000 USD
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
1050000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
12755000 USD
CY2013Q3 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
15683000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
9969000 USD
CY2014Q3 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
13277000 USD
CY2013Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
15669000 USD
CY2014Q3 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
83000 USD
CY2013Q3 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
14000 USD
imh Mortgage Servicing Rights Retained From Loan Sales And Issuance Of Mortgage Backed Securities
MortgageServicingRightsRetainedFromLoanSalesAndIssuanceOfMortgageBackedSecurities
17238000 USD
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
573000 USD
CY2014Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1089025000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
33000 USD
us-gaap Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
-613708000 USD
CY2014Q3 imh Cumulative Dividends Declared
CumulativeDividendsDeclared
-822520000 USD
CY2014Q3 us-gaap Retained Earnings Unappropriated
RetainedEarningsUnappropriated
-239978000 USD
imh Increase Decrease In Fair Value Of Long Term Debt
IncreaseDecreaseInFairValueOfLongTermDebt
424000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
18000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
64000 USD
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
27666000 USD
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
1560956000 USD
us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
1662692000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
23250000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
20250000 USD
us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
23510000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
552000 USD
imh Common Stock Issued Upon Legal Settlement
CommonStockIssuedUponLegalSettlement
3449000 USD
CY2014Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
307000 USD
CY2013Q4 imh Repurchase Reserve Discontinued Operations
RepurchaseReserveDiscontinuedOperations
5500000 USD
CY2013Q4 imh Repurchase Reserve Continuing Operations
RepurchaseReserveContinuingOperations
4000000 USD
CY2014Q3 imh Repurchase Reserve Continuing Operations
RepurchaseReserveContinuingOperations
4200000 USD
CY2014Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2013Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
350000 USD
CY2014Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
79631000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-2994000 USD
CY2014Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
13194000 USD
CY2014Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
1863000 USD
CY2014Q3 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
13568000 USD
CY2014Q3 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
185000 USD
CY2014Q3 us-gaap Other Assets
OtherAssets
29420000 USD
CY2014Q3 us-gaap Warehouse Agreement Borrowings
WarehouseAgreementBorrowings
221370000 USD
CY2014Q3 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
20000000 USD
CY2014Q3 us-gaap Long Term Debt
LongTermDebt
18040000 USD
CY2014Q3 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
2864000 USD
CY2014Q3 us-gaap Other Liabilities
OtherLiabilities
18532000 USD
CY2014Q3 us-gaap Common Stock Value
CommonStockValue
96000 USD
CY2014Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
9062000 USD
imh Net Change In Securitized Mortgage Collateral
NetChangeInSecuritizedMortgageCollateral
452046000 USD
CY2014Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4410000 USD
us-gaap Proceeds From Sale Of Mortgage Servicing Rights Msr
ProceedsFromSaleOfMortgageServicingRightsMSR
3076000 USD
us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
6000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
220613000 USD
CY2014Q3 us-gaap Interest Expense
InterestExpense
78884000 USD
us-gaap Interest Expense
InterestExpense
220275000 USD

Files In Submission

Name View Source Status
R4.htm Edgar Link pending
0001104659-14-079833-index-headers.html Edgar Link pending
0001104659-14-079833-index.html Edgar Link pending
0001104659-14-079833.txt Edgar Link pending
0001104659-14-079833-xbrl.zip Edgar Link pending
a14-19810_110q.htm Edgar Link pending
a14-19810_1ex10d1.htm Edgar Link pending
a14-19810_1ex10d2.htm Edgar Link pending
a14-19810_1ex10d3.htm Edgar Link pending
a14-19810_1ex31d1.htm Edgar Link pending
a14-19810_1ex31d2.htm Edgar Link pending
a14-19810_1ex32d1.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
imh-20140930.xml Edgar Link completed
imh-20140930.xsd Edgar Link pending
imh-20140930_cal.xml Edgar Link unprocessable
imh-20140930_def.xml Edgar Link unprocessable
imh-20140930_lab.xml Edgar Link unprocessable
imh-20140930_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending