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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Current Assets    
Cash and cash equivalents $ 4,726 $ 5,296
Marketable securities, current 21,647 29,815
Service fee receivable, net of allowance of $91 and $66, respectively 609 729
Other current assets 1,767 1,687
Current assets of discontinued operations 591 649
Total current assets 29,340 38,176
Non-Current Assets    
Marketable securities, non-current 9,683 16,012
Property and equipment, net of accumulated depreciation 7,153 5,632
Deferred income tax asset, net 685 968
Other assets 1,391 1,391
Total non-current assets 18,912 24,003
Total assets 48,252 62,179
Current Liabilities    
Accounts payable and accrued expenses 4,393 4,388
Deferred income tax liability, net 685 968
Other current liabilities 361 942
Current liabilities of discontinued operations [1] 577 875
Total current liabilities 6,016 7,173
Non-Current Liabilities    
Senior notes 87,215 85,937
Other liabilities 596 622
Non-current liabilities of discontinued operations 1,798 1,797
Total non-current liabilities 89,609 88,356
Total liabilities $ 95,625 $ 95,529
Commitments and contingencies (Note 7)    
Capital stock, $0.01 par value per share, 120,000,000 shares authorized:    
Common stock, 91,479,519 shares issued and outstanding $ 915 $ 915
Additional paid-in capital 744,216 743,919
Accumulated deficit (794,441) (780,803)
Accumulated other comprehensive income 1,937 2,619
Total Novation Companies, Inc. shareholders' deficit (47,373) (33,350)
Noncontrolling interests 0 0
Total shareholders' deficit (47,373) (33,350)
Total liabilities and shareholders' deficit $ 48,252 $ 62,179
[1] Excludes amounts due to Novation of approximately $0.7 million as of both June 30, 2015 and December 31, 2014. These amounts are eliminated upon consolidation and, therefore, are not included in the consolidated balance sheets for any periods presented.