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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Expenses:        
Salaries and employee benefits $ 1,668 $ 2,827 $ 8,081 $ 8,634
Legal and professional fees 1,455 351 4,681 1,964
General and administrative 559 658 1,709 1,690
Total expenses 3,682 3,836 14,471 12,288
Other income (loss):        
Change in fair value of Front Yard common stock 65 (1,072) (5,848) 4,597
Dividend income on Front Yard common stock 0 244 244 731
Other income 5 40 29 130
Total other income (loss) 70 (788) (5,575) 5,458
Net loss from continuing operations before income taxes (3,612) (4,624) (20,046) (6,830)
Income tax (benefit) expense (523) 843 (1,091) 29
Net loss from continuing operations (3,089) (5,467) (18,955) (6,859)
Discontinued operations:        
Income from operations related to Front Yard, net of tax 14,843 1,944 19,117 5,785
Gain on discontinued operations 14,843 1,944 19,117 5,785
Net income (loss) 11,754 (3,523) 162 (1,074)
Amortization of preferred stock issuance costs 0 (52) (42) (155)
Net income (loss) attributable to common stockholders $ 11,754 $ (3,575) $ 120 $ (1,229)
Earnings (loss) per share of common stock – basic:        
Continuing operations – basic (usd per share) $ (1.89) $ (3.47) $ (11.69) $ (4.42)
Discontinued operations – basic (usd per share) 9.09 1.22 11.76 3.65
Earnings (loss) per basic common share (usd per share) $ 7.20 $ (2.25) $ 0.07 $ (0.77)
Weighted average common stock outstanding – basic (in shares) 1,632,117 1,590,739 1,625,727 1,587,448
Earnings (loss) per share of common stock – diluted:        
Continuing operations – diluted (usd per share) $ (1.89) $ (3.47) $ (11.69) $ (4.42)
Discontinued operations – diluted (usd per share) 9.09 1.22 11.76 3.65
Earnings (loss) per diluted common share (usd per share) $ 7.20 $ (2.25) $ 0.07 $ (0.77)
Weighted average common stock outstanding – diluted (in shares) 1,632,117 1,590,739 1,625,727 1,587,448