Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v2.4.1.9
Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Dec. 31, 2014
Dec. 31, 2013
Sep. 30, 2012
Net Investment Revenue:        
Interest Income, Financing receivables $ 2,834us-gaap_InterestIncomeOperating $ 23,178us-gaap_InterestIncomeOperating $ 15,468us-gaap_InterestIncomeOperating $ 11,848us-gaap_InterestIncomeOperating
Interest Income, Investments   3,772us-gaap_InvestmentIncomeInterest 1,897us-gaap_InvestmentIncomeInterest  
Rental Income   3,175us-gaap_OperatingLeasesIncomeStatementLeaseRevenue    
Investment Revenue 2,834us-gaap_GrossInvestmentIncomeOperating 30,125us-gaap_GrossInvestmentIncomeOperating 17,365us-gaap_GrossInvestmentIncomeOperating 11,848us-gaap_GrossInvestmentIncomeOperating
Investment interest expense (2,347)us-gaap_InvestmentIncomeInvestmentExpense (16,655)us-gaap_InvestmentIncomeInvestmentExpense (9,815)us-gaap_InvestmentIncomeInvestmentExpense (9,852)us-gaap_InvestmentIncomeInvestmentExpense
Net Investment Revenue 487us-gaap_InvestmentIncomeNet 13,470us-gaap_InvestmentIncomeNet 7,550us-gaap_InvestmentIncomeNet 1,996us-gaap_InvestmentIncomeNet
Provision for credit losses     (11,000)us-gaap_ProvisionForOtherCreditLosses  
Net Investment Revenue, net of provision for credit losses 487us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 13,470us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss (3,450)us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 1,996us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss
Other Investment Revenue:        
Gain on sale of receivables and investments 2,534us-gaap_GainLossOnSaleOfOtherInvestments 13,250us-gaap_GainLossOnSaleOfOtherInvestments 5,597us-gaap_GainLossOnSaleOfOtherInvestments 3,912us-gaap_GainLossOnSaleOfOtherInvestments
Fee income 254us-gaap_InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions 1,900us-gaap_InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions 1,483us-gaap_InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions 11,380us-gaap_InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions
Other Investment Revenue 2,788us-gaap_RevenueOtherFinancialServices 15,150us-gaap_RevenueOtherFinancialServices 7,080us-gaap_RevenueOtherFinancialServices 15,292us-gaap_RevenueOtherFinancialServices
Total Revenue, net of investment interest expense and provision 3,275us-gaap_Revenues 28,620us-gaap_Revenues 3,630us-gaap_Revenues 17,288us-gaap_Revenues
Compensation and benefits (1,157)us-gaap_LaborAndRelatedExpense (10,518)us-gaap_LaborAndRelatedExpense (12,312)us-gaap_LaborAndRelatedExpense (7,697)us-gaap_LaborAndRelatedExpense
General and administrative (584)us-gaap_GeneralAndAdministrativeExpense (5,550)us-gaap_GeneralAndAdministrativeExpense (3,844)us-gaap_GeneralAndAdministrativeExpense (3,901)us-gaap_GeneralAndAdministrativeExpense
Acquisition costs   (2,456)us-gaap_AcquisitionCosts    
Other, net (137)us-gaap_OtherCostAndExpenseOperating (300)us-gaap_OtherCostAndExpenseOperating (359)us-gaap_OtherCostAndExpenseOperating (602)us-gaap_OtherCostAndExpenseOperating
Loss from equity method investment in affiliate (448)us-gaap_IncomeLossFromEquityMethodInvestments     (1,284)us-gaap_IncomeLossFromEquityMethodInvestments
Other Expenses, net (2,326)us-gaap_OtherGeneralExpense (18,824)us-gaap_OtherGeneralExpense (16,515)us-gaap_OtherGeneralExpense (13,484)us-gaap_OtherGeneralExpense
Net income (loss) before income taxes 949us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 9,796us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest (12,885)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 3,804us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax (expense) benefit   (26)us-gaap_IncomeTaxExpenseBenefit 251us-gaap_IncomeTaxExpenseBenefit  
Net Income (Loss) 949us-gaap_ProfitLoss 9,770us-gaap_ProfitLoss (12,634)us-gaap_ProfitLoss 3,804us-gaap_ProfitLoss
Net income (loss) attributable to non-controlling interest holders   163us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (2,175)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest  
Net Income (Loss) attributable to controlling shareholders   $ 9,607us-gaap_NetIncomeLoss $ (10,459)us-gaap_NetIncomeLoss  
Basic earnings per common share   $ 0.43us-gaap_EarningsPerShareBasic $ (0.68)us-gaap_EarningsPerShareBasic  
Diluted earnings per common share   $ 0.43us-gaap_EarningsPerShareDiluted $ (0.68)us-gaap_EarningsPerShareDiluted  
Weighted average common shares outstanding-basic   20,656,826us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 15,716,250us-gaap_WeightedAverageNumberOfSharesOutstandingBasic  
Weighted average common shares outstanding-diluted   20,656,826us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 15,716,250us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding