XML 51 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
ASSETS    
Cash and cash equivalents $ 49,299 $ 52,551
Restricted cash 12,208 7,484
Loans at fair value (includes $1,158,302 and $396,081 from consolidated Trust, respectively) 1,829,042 781,215
Accrued interest receivable (includes $5,671 and $2,023 from consolidated Trust, respectively) 15,975 5,521
Property, Equipment and Software, net 12,595 1,578
Other assets 23,921 2,366
Due from related parties 355 115
Total Assets 1,943,395 850,830
LIABILITIES    
Accounts payable 4,524 1,210
Accrued interest payable (includes $5,671 and $2,023 from consolidated Trust, respectively) 17,741 6,678
Accrued expenses and other liabilities 9,128 3,366
Payable to Investors 3,918 2,050
Notes and Certificates, at fair value (includes $1,158,302 and $396,081 from consolidated Trust, respectively) 1,839,990 785,316
Total Liabilities 1,875,301 798,620
Commitments and contingencies (see Note 13)      
STOCKHOLDERS' EQUITY    
Preferred stock 103,244 103,023
Common stock, $0.01 par value; 90,000,000 shares authorized at December 31, 2013 and December 31, 2012, respectively; 13,746,660 and 11,291,862 shares issued and outstanding at December 31, 2013 and December 31, 2012, respectively 138 123
Additional paid-in capital 15,041 6,713
Treasury stock (17,640 shares held at December 31, 2012)   (12)
Accumulated deficit (50,329) (57,637)
Total Stockholders' Equity 68,094 52,210
Total Liabilities and Stockholders' Equity $ 1,943,395 $ 850,830