1. An imaging apparatus comprising: a monitoring section which performs a monitoring operation of waiting for an image capture instruction while causing a live view image to be displayed; a development section which starts development processing for generating a recording image for recording from a RAW image captured by an image pickup element when an instruction to perform image capturing is made while the monitoring operation is being performed, and continuously performs the development processing concurrently with the monitoring operation; a recording section which records the recording image obtained by the development processing after the development processing performed by the development section concurrently with the monitoring operation is completed; a judgment section which judges processing status of the development processing being performed by the development section while the monitoring operation is being performed; and a display control section which causes the processing status of the development processing judged by the judgment section to be displayed together with the live view image while the monitoring operation is being performed.