Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.10.0.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenue        
Interest income, receivables $ 14,578 $ 15,374 $ 40,182 $ 43,129
Interest income, investments 1,693 1,316 4,823 3,617
Rental income 6,257 5,286 18,166 14,259
Gain on sale of receivables and investments 10,868 3,529 31,333 15,204
Fee income 1,487 897 4,113 2,268
Total revenue 34,883 26,402 98,617 78,477
Expenses        
Interest expense 19,681 17,584 57,424 46,728
Compensation and benefits 6,309 5,347 17,966 15,732
General and administrative 3,051 2,367 9,387 7,694
Total expenses 29,041 25,298 84,777 70,154
Income before equity method investments 5,842 1,104 13,840 8,323
Income (loss) from equity method investments 11,671 6,876 19,969 19,424
Income (loss) before income taxes 17,513 7,980 33,809 27,747
Income tax (expense) benefit (939) (5) (1,110) (119)
Net income (loss) 16,574 7,975 32,699 27,628
Net income (loss) attributable to non-controlling interest holders 91 42 177 156
Net income (loss) attributable to controlling stockholders $ 16,483 $ 7,933 $ 32,522 $ 27,472
Basic earnings per common share (in usd per share) $ 0.30 $ 0.14 $ 0.60 $ 0.52
Diluted earnings per common share (in usd per share) $ 0.30 $ 0.14 $ 0.60 $ 0.52
Weighted average common shares outstanding — basic (in shares) 52,728,587 51,655,868 52,167,308 49,924,224
Weighted average common shares outstanding — diluted (in shares) 52,728,587 51,655,868 52,167,308 49,924,224