Supplemental Financial Information (Tables)

3 Months Ended

Mar. 31, 2016

Statement of Financial Position [Abstract]

Schedule Of Consolidated Funds on the Company’s Financial Position [Table Text Block]

As a result of this adoption, all of the ZAIS Managed Entities which were consolidated in the 10-Q for the three months ended March 31, 2015 were deconsolidated:

	March 31, 2016
	ZAIS		Consolidated Funds		Eliminations		Consolidated
	( Dollars in thousands )
Assets
Cash and cash equivalents	$	38,460	$	—	$	—	$	38,460
Income and fees receivable		1,602		—		—		1,602
Investments in affiliates, at fair value		26,578		—		(21,396)		5,182
Due from related parties		946		—		—		946
Fixed assets, net		477		—		—		477
Prepaid expenses		910		—		—		910
Other assets		1,016		—		—		1,016
Assets of Consolidated Funds
Investments, at fair value		—		42,026		—		42,026
Total Assets	$	69,989	$	42,026	$	(21,396)	$	90,619
Liabilities and Equity
Liabilities
Notes payable	$	1,257	$	—	$	—	$	1,257
Compensation payable		2,581		—		—		2,581
Due to related parties		161		—		—		161
Fees payable		381		—		—		381
Other liabilities		1,708		—		—		1,708
Liabilities of Consolidated Funds
Other liabilities		—		73		—		73
Total Liabilities		6,088		73		—		6,161
Commitments and Contingencies (Note 12)
Equity
Preferred Stock		—		—		—		—
Class A Common Stock		1		—		—		1
Class B Common Stock		—		—		—		—
Additional paid-in-capital		61,045		—		—		61,045
Retained earnings (Accumulated deficit)		(18,639)		—		—		(18,639)
Accumulated other comprehensive income (loss)		122		—		—		122
Total stockholders’ equity, ZAIS Group Holdings, Inc.		42,529		—		—		42,529
Non-controlling interests in ZAIS Group Parent, LLC		21,372		—		—		21,372
Non-controlling interests in Consolidated Funds		—		41,953		(21,396)		20,557
Total Equity		63,901		41,953		(21,396)		84,458
Total Liabilities and Equity	$	69,989	$	42,026	$	(21,396)	$	90,619

 

	December 31, 2015
	ZAIS		Consolidated Funds		Eliminations		Consolidated
	( Dollars in thousands )
Assets
Cash and cash equivalents	$	44,351	$	—	$	—	$	44,351
Income and fees receivable		2,529		—		—		2,529
Investments, at fair value		8,169		—		—		8,169
Investments in affiliates, at fair value		20,767		—		(15,525)		5,242
Due from related parties		748		—		—		748
Fixed assets, net		544		—		—		544
Prepaid expenses		776		—		—		776
Other assets		310		—		—		310
Assets of Consolidated Funds
Cash and cash equivalents		—		33		—		33
Investments, at fair value		—		30,509		—		30,509
Total Assets	$	78,194	$	30,542	$	(15,525)	$	93,211
Liabilities and Equity
Liabilities
Notes payable	$	1,255	$	—	$	—	$	1,255
Compensation payable		3,575		—		—		3,575
Due to related parties		175		—		—		175
Fees payable		756		—		—		756
Other liabilities		1,546		—		—		1,546
Liabilities of Consolidated Funds
Other liabilities		—		101		—		101
Total Liabilities		7,307		101		—		7,408
Commitments and Contingencies (Note 12)
Equity
Preferred Stock		—		—		—		—
Class A Common Stock		1		—		—		1
Class B Common Stock		—		—		—		—
Additional paid-in-capital		60,817		—		—		60,817
Retained earnings (Accumulated deficit)		(13,805)		—		—		(13,805)
Accumulated other comprehensive income (loss)		158		—		—		158
Total stockholders’ equity, ZAIS Group Holdings, Inc.		47,171		—		—		47,171
Non-controlling interests in ZAIS Group Parent, LLC		23,716		—		—		23,716
Non-controlling interests in Consolidated Funds		—		30,441		(15,525)		14,916
Total Equity		70,887		30,441		(15,525)		85,803
Total Liabilities and Equity	$	78,194	$	30,542	$	(15,525)	$	93,211

	Three months Ended March 31, 2016
	ZAIS		Consolidated Funds		Eliminations		Consolidated
	( Dollars in Thousands )
Revenues
Management fee income	$	3,569	$	—	$	—	$	3,569
Incentive income		152		—		—		152
Other revenues		80		—		—		80
Total Revenues		3,801		—		—		3,801
Expenses
Compensation and benefits		9,007		—		—		9,007
General, administrative and other		3,210		—		—		3,210
Depreciation and amortization		63		—		—		63
Expenses of Consolidated Funds		—		19		—		19
Total Expenses		12,280		19		—		12,299
Other Income (loss)
Net gain (loss) on investments		746		—		(764)		(18)
Other income (expense)		605		—		—		605
Net gains (losses) of Consolidated Funds’ investments		—		1,517		—		1,517
Total Other Income (Loss)		1,351		1,517		(764)		2,104
Income (loss) before income taxes		(7,128)		1,498		(764)		(6,394)
Income tax (benefit) expense		5		—		—		5
Consolidated net income (loss), net of tax		(7,133)		1,498		(764)		(6,399)
Other Comprehensive Income (Loss), net of tax
Foreign currency translation adjustment		(54)		—		—		(54)
Total Comprehensive Income (Loss)	$	(7,187)	$	1,498	$	(764)	$	(6,453)

	Three months Ended March 31, 2015
	ZAIS		Consolidated Funds		Eliminations		Consolidated
	( Dollars in Thousands )
Revenues
Management fee income	$	3,753	$	—	$	—	$	3,753
Incentive income		908		—		—		908
Other revenues		31		—		—		31
Total Revenues		4,692		—		—		4,692
Expenses
Compensation and benefits		6,570		—		—		6,570
General, administrative and other		4,337		—		—		4,337
Depreciation and amortization		62		—		—		62
Expenses of Consolidated Funds		—		—		—		—
Total Expenses		10,969		—		—		10,969
Other Income (loss)
Net gain (loss) on investments		43		—		—		43
Other income (expense)		(4)		—		—		(4)
Net gains (losses) of Consolidated Funds’ investments		—		—		—		—
Total Other Income (Loss)		39		—		—		39
Income (loss) before income taxes		(6,238)		—		—		(6,238)
Income tax (benefit) expense		(902)		—		—		(902)
Consolidated net income (loss), net of tax		(5,336)		—		—		(5,336)
Other Comprehensive Income (Loss), net of tax
Foreign currency translation adjustment		192		—		—		192
Total Comprehensive Income (Loss)	$	(5,144)	$	—	$	—	$	(5,144)