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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2021
Jun. 30, 2020
Net Cash Provided by (Used in) Operating Activities [Abstract]      
Net loss $ (1,603,126)    
Adjustments to reconcile net income to net cash used in operating activities:      
Change in fair value of warrant liabilities (1,012,500) $ 9,160,500  
Increase (decrease) in operating capital:      
Increase in accounts payable and accrued expenses   4,847,956  
Net cash used in operating activities   (612,860)  
Cash Flows From Investing Activities      
Net cash provided by investing activities   37,485  
Cash Flows From Financing Activities      
Cash and cash equivalents - beginning of the period   715,580  
Cash and cash equivalents - end of the period 140,205 140,205  
Sunlight      
Net Cash Provided by (Used in) Operating Activities [Abstract]      
Net loss   7,903,000 $ (701,000)
Adjustments to reconcile net income to net cash used in operating activities:      
Depreciation and amortization   1,698,000 1,677,000
Provision for losses 436,000 1,172,000 478,000
Change in fair value of warrant liabilities 1,451,000 4,065,000 (29,000)
Change in fair value of contract derivatives, net (69,000) 787,000 (455,000)
Other expense (income) (209,000) (621,000) 390,000
Unit-based payment arrangements   18,000 97,000
Increase (decrease) in operating capital:      
Increase in advances   (5,673,000) (3,964,000)
Increase in due from affiliates   (1,839,000)  
Decrease (increase) in other assets   2,190,000 (364,000)
Increase in accounts payable and accrued expenses   2,664,000 147,000
Increase (decrease) in funding commitments   3,779,000 (7,487,000)
Increase in due to affiliates   761,000  
Increase (decrease) in other liabilities   202,000 (6,000)
Net cash used in operating activities   17,106,000 (10,217,000)
Cash Flows From Investing Activities      
Return of investments in loan pool participation and loan principal repayments   832,000 625,000
Payments to acquire loans and participations in loan pools   (1,170,000) (1,487,000)
Payments to acquire property and equipment   (1,066,000) (1,614,000)
Net cash provided by investing activities   (1,404,000) (2,476,000)
Cash Flows From Financing Activities      
Proceeds from borrowings under line of credit   20,746,000 5,064,000
Repayments of borrowings under line of credit   (14,758,000) (5,898,000)
Payment of capital distributions   (7,522,000) (1,987,000)
Payment of debt issuance costs   (491,000)  
Net cash provided by financing activities   (2,025,000) (2,821,000)
Net change in cash   13,677,000 (15,514,000)
Cash and cash equivalents - beginning of the period   52,705,000 51,656,000
Cash and cash equivalents - end of the period $ 66,382,000 66,382,000 36,142,000
Supplemental Cash flow Information      
Cash paid during the period for interest   537,000 278,000
Noncash Investing and Financing Activities      
Preferred dividends, paid in-kind   55,702,000 7,139,000
Change in temporary equity redemption value   $ 179,470,000 $ (22,025,000)