Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Predecessor [Member], USD $)
 3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Predecessor [Member]
    
Cash flows from operating activities    
Net loss $ (1,218,823) $ (296,768)
Adjustments to reconcile net loss to net cash used in operating activities:    
Undistributed loss from equity method investment in affiliate   313,723
Unrealized gain on derivative instrument (18,985) (14,795)
Depreciation and amortization of intangibles 104,635 111,408
Noncash gain on securitizations   (8,179)
Amortization of servicing assets 155,300 173,926
Change in securitization residual assets (5,870) 76,185
Changes in other assets and liabilities:    
Accounts payable and accrued expenses 138,144 (4,019,977)
Other (3,386,811) 2,924
Net cash used in operating activities (4,232,410) (3,661,553)
Cash flows from investing activities    
Purchase of property and equipment   (109,198)
Investment in equity method affiliate   (876,034)
Advances to affiliates 254,671 (36,129)
Proceeds from marketable securities   507,316
Purchase of marketable securities   (254,068)
Decrease in restricted cash   195,815
Investment in financing receivables (8,620,470) (67,476,207)
Principal collections from financing receivables 7,767,293 7,920,298
Net cash used in investing activities (598,506) (60,128,207)
Cash flows from financing activities    
Proceeds from nonrecourse debt 8,632,322 67,600,421
Principal payments on nonrecourse debt (7,980,826) (8,047,013)
Principal payments on credit facility (528,341) (652,846)
Net cash provided by financing activities 123,155 58,900,562
Decrease in cash and cash equivalents (4,707,761) (4,889,198)
Cash and cash equivalents at beginning of period 8,024,271 7,644,162
Cash and cash equivalents at end of period $ 3,316,510 $ 2,754,964