XML 15 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Service fee income $ 13,270   $ 26,490  
Costs and expenses:        
General and administrative expenses 1,890 $ 755 4,151 $ 1,793
Operating loss (388) (755) (1,153) (1,793)
Interest income – mortgage securities 453 829 916 1,819
Other income 1,925 162 2,938 306
Reorganization items, net (1,610) (1,846) (1,750) (3,056)
Interest expense (1,345) (1,078) (2,548) (2,084)
Loss from continuing operations before income taxes (965) (2,688) (1,597) (4,808)
Income tax expense (benefit), continuing operations 7 7 (8) 14
Net loss from continuing operations (972) (2,695) (1,589) (4,822)
Income from discontinued operations, net of income taxes 0 0 0 1,020
Net loss (972) (2,695) (1,589) (3,802)
Other comprehensive loss:        
Gains realized upon the sale of securities (1,956) (79) (2,931) (79)
Unrealized gain (loss) on marketable securities – available-for-sale 611 (61) (1,801) (765)
Total other comprehensive loss (1,345) (140) (4,732) (844)
Total comprehensive loss $ (2,317) $ (2,835) $ (6,321) $ (4,646)
Earnings (loss) per share:        
Basic (in dollars per share) $ (0.01) $ (0.03) $ (0.02) $ (0.04)
Diluted (in dollars per share) $ (0.01) $ (0.03) $ (0.02) $ (0.04)
Weighted average shares outstanding:        
Weighted average common shares outstanding, basic 93,658,567 92,776,846 93,416,496 92,778,583
Weighted average number of shares outstanding, diluted 93,658,567 92,776,846 93,416,496 92,778,583
Financial Service        
Service fee income $ 13,270 $ 0 $ 26,490 $ 0
Costs and expenses:        
Cost of services $ 11,768 $ 0 $ 23,492 $ 0