| 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:
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For the Three-Months Ended |
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March 31, 2013 |
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June 30, 2013 |
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Sept. 30, 2013 |
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Dec. 31, 2013 |
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(Amounts in
thousands, except per share amounts) |
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For the year ended December 31, 2013
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Net Investment Revenue, net of provision
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475 |
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$ |
1,332 |
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$ |
2,590 |
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$ |
(7,847 |
) |
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Other Investment Revenue
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281 |
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1,532 |
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2,206 |
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3,061 |
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Total Revenue, net of investment interest expense and provision
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756 |
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2,864 |
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4,796 |
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(4,786 |
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Other Expenses, net
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(1,975 |
) |
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(8,638 |
) |
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(2,902 |
) |
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(3,000 |
) |
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Net (loss) income before income tax
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$ |
(1,219 |
) |
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$ |
(5,774 |
) |
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$ |
1,894 |
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$ |
(7,786 |
) |
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Income tax benefit
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— |
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— |
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— |
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251 |
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Net (Loss) Income
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$ |
(1,219 |
) |
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$ |
(5,774 |
) |
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$ |
1,894 |
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$ |
(7,535 |
) |
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Net (Loss) Income attributable to controlling
shareholders
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$ |
(4,971 |
) |
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$ |
1,842 |
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$ |
(7,330 |
) |
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Basic earnings per common share (a)
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$ |
(0.32 |
) |
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$ |
0.11 |
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$ |
(0.48 |
) |
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Diluted earnings per common share (a)
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$ |
(0.32 |
) |
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$ |
0.11 |
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$ |
(0.48 |
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For the Three-Months Ended |
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Dec. 31, 2011 |
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March 31, 2012 |
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June 30, 2012 |
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Sept. 30, 2012 |
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Fiscal year ended September 30, 2012
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Net Investment Revenue
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$ |
529 |
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$ |
493 |
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$ |
485 |
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$ |
489 |
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Other Investment Revenue
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2,228 |
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1,519 |
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1,056 |
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10,489 |
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Total Revenue, net of investment interest expense
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2,757 |
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2,012 |
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1,541 |
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10,978 |
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Other Expenses, net
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(2,643 |
) |
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(2,310 |
) |
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(3,778 |
) |
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(4,753 |
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Net Income (Loss)
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$ |
114 |
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$ |
(298 |
) |
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$ |
(2,237 |
) |
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$ |
6,225 |
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| (a) |
Amounts for the individual quarters
when aggregated may not agree to the earnings per share for the
full year due to rounding. |
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