Note 5 - Investment in Equity-method Investee

12 Months Ended

Dec. 31, 2019

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, 2019

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, 2019		December 31, 2018
Loans, interest and fees receivables, at fair value	$	2,757	$	3,546
Total assets	$	2,922	$	3,732
Total liabilities	$	13	$	18
Members’ capital	$	2,909	$	3,714

	Year ended December 31,
	2019		2018
Net interest income (loss), fees and related income on earning assets	$	1,505	$	875
Net income	$	1,318	$	613
Net income attributable to investee	$	1,001	$	581