Note 5 - Investment in Equity-method Investee

12 Months Ended

Dec. 31, 2020

Notes to Financial Statements

Equity Method Investments and Joint Ventures Disclosure [Text Block]

5. Investment in Equity-Method Investee

Our equity-method investment outstanding at

December 31, 2020

consists of our

66.7%

interest in a joint venture formed to purchase a credit card receivable portfolio.

In the following tables, we summarize (in thousands) balance sheet and results of operations data for our equity-method investee:

	As of
	December 31, 2020		December 31, 2019
Loans, interest and fees receivables, at fair value	$	1,994	$	2,757
Total assets	$	2,105	$	2,922
Total liabilities	$	10	$	13
Members' capital	$	2,095	$	2,909

	Year ended December 31,
	2020		2019
Net margin	$	819	$	1,505
Net income	$	684	$	1,318
Net income attributable to investee	$	456	$	1,001