Segments (Tables)

6 Months Ended

Dec. 31, 2020

Segments

Schedule of Segment operating results

Segment operating results are as follows (amounts in thousands):

	Three Months Ended					Six Months Ended
	December 31,				December 31,
	2020		2019		2020		2019
Segment revenue:
Advance income	$	927	$	990	$	1,466	$	1,795
Syndication fees		85		388		214		938
Interest on loans to Funders		105		235		253		439
Other MCA revenue		34		62		34		155
MCA and other financial services operations revenues		1,151		1,675		1,967		3,327
Real estate operations revenues		46		112		140		191
Consolidated revenues		1,197		1,787		2,107		3,518
Segment operating expenses:
Selling, general, and administrative		41		369		233		723
Change in fair value of contingent consideration		—		(470)		—		(370)
Amortization of purchased intangibles		96		119		193		239
Provision for credit losses on advances		13,775		181		13,827		396
MCA and other financial services operations		13,912		199		14,253		988
Real estate operations		—		—		—		—
Add:
Corporate expenses		1,161		997		2,054		1,888
Consolidated operating expenses		15,073		1,196		16,307		2,876
Segment operating (loss) income:
MCA and other financial services operations		(12,761)		1,476		(12,286)		2,339
Real estate operations		46		112		140		191
Add:
Corporate		(1,161)		(997)		(2,054)		(1,888)
Consolidated operating (loss) income	$	(13,876)	$	591	$	(14,200)	$	642

Schedule of Segment assets

	December 31,		June 30,
	2020		2020
	(Amounts in thousands)
Segment assets:
MCA and other financial services	$	5,353	$	19,287
Real estate		17,497		9,275
Add:
Corporate assets		44,175		48,065
Corporate intercompany loan to LMCS		(2,136)		(6,777)
Total consolidated assets	$	64,889	$	69,850