Custom Size for Images Hosted Outside of WP

So I noticed that if I upload an image directly into my gallery I can then select the option for custom size as demonstrated in this:

https://core.trac.www.ads-software.com/attachment/ticket/27366/wp-image-custom-size.jpg

However, if I use something like Imgur to host instead (which 98% of all of my images are stored), I can’t do the same. Any reason for that or am I missing a setting? I know in previous version, even 3.8.3, there was an advanced settings for not only size but padding, borders, etc as has been posted before.