Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.3.0.814
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Net Investment Revenue:        
Interest Income, Financing receivables $ 10,064 $ 6,234 $ 26,609 $ 16,081
Interest Income, Investments 364 822 1,118 3,254
Rental Income 1,988 1,187 6,641 1,597
Investment Revenue 12,416 8,243 34,368 20,932
Investment interest expense (6,689) (3,974) (18,940) (11,188)
Net Investment Revenue 5,727 4,269 15,428 9,744
Provision for credit losses 0 0 0 0
Net Investment Revenue, net of provision for credit losses 5,727 4,269 15,428 9,744
Other Investment Revenue:        
Gain on sale of receivables and investments 2,529 3,361 6,956 9,608
Fee income 98 183 1,160 1,732
Other Investment Revenue 2,627 3,544 8,116 11,340
Total Revenue, net of investment interest expense and provision 8,354 7,813 23,544 21,084
Compensation and benefits (4,341) (3,111) (12,171) (7,648)
General and administrative (1,706) (1,433) (4,772) (4,031)
Acquisition costs       (1,104)
Other, net (328) (60) (588) (174)
Gain (loss) from equity method investments in affiliates 187   (162)  
Other Expenses, net (6,188) (4,604) (17,693) (12,957)
Net income before income taxes 2,166 3,209 5,851 8,127
Income tax (expense) benefit (24) (607) (77) 163
Net Income 2,142 2,602 5,774 8,290
Net income attributable to non-controlling interest holders 23 38 62 145
Net Income Attributable to Controlling Shareholders $ 2,119 $ 2,564 $ 5,712 $ 8,145
Basic earnings per common share $ 0.06 $ 0.11 $ 0.16 $ 0.40
Diluted earnings per common share $ 0.06 $ 0.11 $ 0.16 $ 0.40
Weighted average common shares outstanding-basic 31,221,982 21,774,411 29,046,742 19,235,121
Weighted average common shares outstanding-diluted 31,221,982 21,774,411 29,046,742 19,235,121