Annual report pursuant to Section 13 and 15(d)

Selected Quarterly Financial Data

v2.4.0.8
Selected Quarterly Financial Data
12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data

17. Selected Quarterly Financial Data (Unaudited)

The following table summarizes our quarterly financial data which, in the opinion of management, reflects all adjustments, consisting only of normal recurring adjustments, necessary for a fair presentation of our results of operations:

 

     For the Three-Months Ended  
     March 31, 2013     June 30, 2013     Sept. 30, 2013     Dec. 31, 2013  
     (Amounts in thousands, except per share amounts)  

For the year ended December 31, 2013

        

Net Investment Revenue, net of provision

     475      $ 1,332      $ 2,590      $ (7,847

Other Investment Revenue

     281        1,532        2,206        3,061   
  

 

 

   

 

 

   

 

 

   

 

 

 

Total Revenue, net of investment interest expense and provision

     756        2,864        4,796        (4,786
  

 

 

   

 

 

   

 

 

   

 

 

 

Other Expenses, net

     (1,975     (8,638     (2,902     (3,000
  

 

 

   

 

 

   

 

 

   

 

 

 

Net (loss) income before income tax

   $ (1,219   $ (5,774   $ 1,894      $ (7,786
  

 

 

   

 

 

   

 

 

   

 

 

 

Income tax benefit

                          251   
  

 

 

   

 

 

   

 

 

   

 

 

 

Net (Loss) Income

   $ (1,219   $ (5,774   $ 1,894      $ (7,535
  

 

 

   

 

 

   

 

 

   

 

 

 

Net (Loss) Income attributable to controlling shareholders

     $ (4,971   $ 1,842      $ (7,330
    

 

 

   

 

 

   

 

 

 

Basic earnings per common share (a)

     $ (0.32   $ 0.11      $ (0.48

Diluted earnings per common share (a)

     $ (0.32   $ 0.11      $ (0.48

 

     For the Three-Months Ended  
     Dec. 31, 2011     March 31, 2012     June 30, 2012     Sept. 30, 2012  

Fiscal year ended September 30, 2012

        

Net Investment Revenue

   $ 529      $ 493      $ 485      $ 489   

Other Investment Revenue

     2,228        1,519        1,056        10,489   
  

 

 

   

 

 

   

 

 

   

 

 

 

Total Revenue, net of investment interest expense

     2,757        2,012        1,541        10,978   
  

 

 

   

 

 

   

 

 

   

 

 

 

Other Expenses, net

     (2,643     (2,310     (3,778     (4,753
  

 

 

   

 

 

   

 

 

   

 

 

 

Net Income (Loss)

   $ 114      $ (298   $ (2,237   $ 6,225   
  

 

 

   

 

 

   

 

 

   

 

 

 

 

(a) Amounts for the individual quarters when aggregated may not agree to the earnings per share for the full year due to rounding.