Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.4.0.3
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenue:    
Interest income, financing receivables $ 11,489 $ 8,328
Interest income, investments 375 396
Rental income 2,815 2,088
Gain on sale of receivables and investments 5,502 2,870
Fee income 302 226
Total Revenue 20,483 13,908
Investment interest expense (11,275) (6,148)
Provision for credit losses 0 0
Total Revenue, net of investment interest expense and provision 9,208 7,760
Compensation and benefits (4,418) (3,851)
General and administrative (1,934) (1,505)
Other, net 118 (227)
Income (loss) from equity method investments in affiliates 270 (53)
Other Expenses, net (5,964) (5,636)
Net income before income taxes 3,244 2,124
Income tax (expense) benefit (47) 23
Net Income 3,197 2,147
Net income attributable to non-controlling interest holders 28 25
Net Income Attributable to Controlling Shareholders $ 3,169 $ 2,122
Basic earnings per common share $ 0.07 $ 0.07
Diluted earnings per common share $ 0.07 $ 0.07
Weighted average common shares outstanding-basic 37,016,210 26,386,080
Weighted average common shares outstanding-diluted 37,016,210 26,386,080