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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues:        
Total revenues $ 4,297 $ 3,898 $ 8,249 $ 7,801
Expenses:        
Salaries and employee benefits 4,826 4,238 9,370 8,656
Legal and professional fees 1,805 1,356 3,339 1,698
General and administrative 892 880 1,987 1,919
Total expenses 7,523 6,474 14,696 12,273
Other (loss) income:        
Change in fair value of Front Yard common stock (5,279) 4,792 (5,913) 5,669
Dividend income on Front Yard common stock 0 243 244 487
Other income 17 49 54 53
Total other (loss) income (5,262) 5,084 (5,615) 6,209
Net (loss) income before income taxes (8,488) 2,508 (12,062) 1,737
Income tax benefit (653) (781) (470) (712)
Net (loss) income (7,835) 3,289 (11,592) 2,449
Amortization of preferred stock issuance costs 0 (52) (42) (103)
Net (loss) income attributable to common stockholders $ (7,835) $ 3,237 $ (11,634) $ 2,346
(Loss) earnings per share of common stock – basic:        
(Loss) earnings per basic common share (usd per share) $ (4.81) $ 2.04 $ (7.17) $ 1.48
Weighted average common stock outstanding – basic (shares) 1,629,285 1,589,492 1,622,497 1,585,775
(Loss) earnings per share of common stock – diluted:        
(Loss) earnings per diluted common share (usd per share) $ (4.81) $ 1.81 $ (7.17) $ 1.34
Weighted average common stock outstanding – diluted (shares) 1,629,285 1,820,244 1,622,497 1,830,263
Management fees from Front Yard        
Revenues:        
Total revenues $ 3,584 $ 3,556 $ 7,168 $ 7,102
Conversion fees from Front Yard        
Revenues:        
Total revenues 0 0 0 29
Expense reimbursements from Front Yard        
Revenues:        
Total revenues $ 713 $ 342 $ 1,081 $ 670