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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
Revenues        
Revenues $ 7,910 $ 12,228 $ 26,076 $ 38,459
Investment income (loss):        
Carried interest (3) (142) 83 651
Other investment income (loss), net 419 (550) (1,384) (922)
Total Revenues 8,326 11,536 24,775 38,188
Expenses        
Compensation and benefits 4,040 7,090 17,119 22,069
General, administrative and other expenses 3,599 5,403 11,682 12,763
Total Expenses 7,639 12,493 28,801 34,832
Other Income (Expenses)        
Dividend income 0 182 137 942
Interest expense (2,535) (2,874) (7,950) (8,646)
Other (expenses) income, net (167) 1,768 (5,592) (641)
Total expenses, net (2,702) (924) (13,405) (8,345)
Loss before income taxes (2,015) (1,881) (17,431) (4,989)
Benefit from income taxes (320) (188) (1,637) (281)
Net Loss (1,695) (1,693) (15,794) (4,708)
Net Loss Attributable to Medley Management Inc. $ (122) $ (516) $ (2,066) $ (770)
Common Class A        
Other Income (Expenses)        
Dividends declared per share of Class A common stock (in dollars per share) $ 0 $ 0 $ 0 $ 0.03
Net Loss Per Share of Class A Common Stock:        
Basic (in dollars per share) (0.19) (0.86) (3.39) (1.32)
Diluted (in dollars per share) $ (0.19) $ (0.86) $ (3.39) $ (1.32)
Weighted average shares outstanding - Basic and Diluted (in shares) 639,216 589,933 631,620 583,449
Consolidated Subsidiaries        
Other Income (Expenses)        
Net income (loss) attributable to non-controlling interests $ 1 $ 1,619 $ 60 $ 140
Medley LLC        
Other Income (Expenses)        
Net income (loss) attributable to non-controlling interests (1,574) (2,796) (13,788) (4,078)
Management fees        
Revenues        
Revenues 6,275 9,607 19,807 30,728
Other revenues and fees        
Revenues        
Revenues $ 1,635 $ 2,621 $ 6,269 $ 7,731