NONCONTROLLING INTERESTS

9 Months Ended

Jun. 30, 2011

NOTE 14 – NONCONTROLLING INTERESTS

The following table presents the rollforward of activity in noncontrolling interests that were included in the Company's consolidated balance sheet for the nine months ended June 30, 2011:

Noncontrolling interests, beginning of year	$	(2,873	)
Net income		161
Restricted stock awards		40
Other comprehensive income		4
Transactions related to LEAF:
Exchange of LEAF Financial common stock held by management for common stock of LEAF		3,380
LEAF common stock issuance costs		(221	)
Warrants issued to Guggenheim (see Note 10)		452
Issuance of LEAF preferred stock and warrants to RCC		36,212
Portion of LEAF preferred stock dividends to RCC – portion in cash		(305	)
		39,518
Noncontrolling interests, end of period	$	36,850

- Definition

The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock.

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