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Consolidated Statement of Changes in Stockholders' Equity and Changes in Net Assets - USD ($)
$ in Thousands
Total
Common Stock [Member]
Preferred Stock [Member]
Capital in Excess of Par [Member]
Treasury Stock [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Parent [Member]
Noncontrolling Interest [Member]
Accumulated Undistributed Net Investment Loss [Member]
Net Unrealized Appreciation on Investment Net of Tax [Member]
Balance at Dec. 31, 2016 $ 286,096                    
Ending balance at Dec. 31, 2017 287,159 $ 273   $ 273,716 $ (24,919)     $ 287,159      
Ending balance (Investment Company Accounting [Member]) at Dec. 31, 2017                   $ (65,592) $ 103,681
Ending balance, shares at Dec. 31, 2017   27,294,327     (2,951,243)            
Net income (loss) [1] (14,874)                    
Net increase (decrease) in net assets resulting from operations (14,874)             (14,874)      
Net increase (decrease) in net assets resulting from operations | Investment Company Accounting [Member]                   (38,299) 23,425
Stock-based compensation 152 $ 1   151       152      
Issuance of restricted stock, net, shares   95,726                  
Ending balance at Mar. 31, 2018 272,437 $ 274   273,867 $ (24,919)     272,437      
Ending balance (Investment Company Accounting [Member]) at Mar. 31, 2018                   (103,891) 127,106
Ending balance, shares at Mar. 31, 2018   27,390,053     (2,951,243)            
Adoption of Bank Holding Company Accounting at Mar. 31, 2018           $ 23,215          
Adoption of Bank Holding Company Accounting (Investment Company Accounting [Member]) at Mar. 31, 2018                   103,891 (127,106)
Balance at April 2, 2018 at Mar. 31, 2018 299,502 $ 274   273,867 $ (24,919) 23,215   272,437 $ 27,065    
Balance at Dec. 31, 2017 287,159 $ 273   273,716 $ (24,919)     287,159      
Balance (Investment Company Accounting [Member]) at Dec. 31, 2017                   (65,592) 103,681
Balance, shares at Dec. 31, 2017   27,294,327     (2,951,243)            
Net income (loss) [2] (22,739)                    
Ending balance at Dec. 31, 2018 $ 290,204 $ 274   274,292 $ (24,919) 13,043 $ (82) 262,608 27,596    
Ending balance, shares at Dec. 31, 2018 24,434,357 27,385,600     (2,951,243)            
Balance at Mar. 31, 2018 $ 272,437 $ 274   273,867 $ (24,919)     272,437      
Balance (Investment Company Accounting [Member]) at Mar. 31, 2018                   $ (103,891) $ 127,106
Balance, shares at Mar. 31, 2018   27,390,053     (2,951,243)            
Net income (loss) (7,865)         (10,172)   (10,172) 2,307    
Distributions to non-controlling interest (1,776)               (1,776)    
Stock-based compensation 425     425       425      
Forfeiture of restricted stock, net, shares   (4,453)                  
Net change in unrealized gains (losses) on investments, net of tax (82)           (82) (82)      
Ending balance at Dec. 31, 2018 $ 290,204 $ 274   274,292 $ (24,919) 13,043 (82) 262,608 27,596    
Ending balance, shares at Dec. 31, 2018 24,434,357 27,385,600     (2,951,243)            
Net income (loss) $ 1,996         (1,762)   (1,762) 3,758    
Non-controlling interest equity raised by Medallion Bank [3] 42,485               42,485    
Distributions to non-controlling interest (2,519)               (2,519)    
Stock-based compensation 1,221 $ 2   1,219       1,221      
Issuance of restricted stock, net 0 $ 0 $ 0 0 $ 0 0 0 0 0    
Issuance of restricted stock, net, shares   216,148                  
Forfeiture of restricted stock, net 0 $ 0 $ 0 0 0 0 0 0 0    
Forfeiture of restricted stock, net, shares   (3,946)                  
Net change in unrealized gains (losses) on investments, net of tax 1,081           1,081 1,081      
Ending balance at Dec. 31, 2019 $ 334,468 $ 276   $ 275,511 $ (24,919) $ 11,281 $ 999 $ 263,148 $ 71,320    
Ending balance, shares at Dec. 31, 2019 24,646,559 27,597,802     (2,951,243)            
[1] The three months ended March 31, 2018 and earlier quarters have been accounted for under Investment Company Accounting, and subsequent quarters have been accounted for under Bank Holding Company Accounting.
[2] Balance includes the nine months ended December 31, 2018 under Bank Holding Company Accounting and the three months ended March 31, 2018 under Investment Company Accounting.
[3] Refer to Note 21 for details.