Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.6.0.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenue:      
Interest income, financing receivables $ 48,202 $ 37,404 $ 23,178
Interest income, investments 1,822 1,493 3,772
Rental income 11,933 9,107 3,175
Gain on sale of receivables and investments 17,425 9,224 13,250
Fee income 1,816 1,451 1,900
Total Revenue 81,198 58,679 45,275
Expenses:      
Interest expense 45,241 26,385 16,655
Compensation and benefits 18,877 16,788 10,518
General and administrative 8,293 7,256 5,850
Acquisition costs     2,456
Total Expenses 72,411 50,429 35,479
Income before equity method investments 8,787 8,250 9,796
Income (loss) from equity method investments 6,110 (98)  
Income before income taxes 14,897 8,152 9,796
Income tax (expense) benefit (141) (118) (26)
Net Income (Loss) 14,756 8,034 9,770
Net income (loss) attributable to non-controlling interest holders 104 76 163
Net Income (Loss) attributable to Controlling Shareholders $ 14,652 $ 7,958 $ 9,607
Basic earnings per common share $ 0.32 $ 0.21 $ 0.43
Diluted earnings per common share $ 0.32 $ 0.21 $ 0.43
Weighted average common shares outstanding-basic 40,290,717 30,761,151 20,656,826
Weighted average common shares outstanding-diluted 40,290,717 30,761,151 20,656,826