Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.8.0.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenue      
Interest income, receivables $ 56,734 $ 48,202 $ 37,404
Interest income, investments 5,079 1,822 1,493
Rental income 19,831 11,933 9,107
Gain on sale of receivables and investments 20,956 17,425 9,224
Fee income 2,973 1,816 1,451
Total revenue 105,573 81,198 58,679
Expenses      
Interest expense 65,472 45,241 26,385
Compensation and benefits 19,708 18,877 16,788
General and administrative 10,762 8,293 7,256
Total expenses 95,942 72,411 50,429
Income before equity method investments 9,631 8,787 8,250
Income (loss) from equity method investments 22,289 6,110 (98)
Income before income taxes 31,920 14,897 8,152
Income tax (expense) benefit (885) (141) (118)
Net income (loss) 31,035 14,756 8,034
Net income (loss) attributable to non-controlling interest holders 179 104 76
Net income (loss) attributable to controlling stockholders $ 30,856 $ 14,652 $ 7,958
Basic earnings per common share $ 0.57 $ 0.32 $ 0.21
Diluted earnings per common share $ 0.57 $ 0.32 $ 0.21
Weighted average common shares outstanding-basic 50,361,672 40,290,717 30,761,151
Weighted average common shares outstanding-diluted 50,361,672 40,290,717 30,761,151