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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash Flows From Financing Activities    
Cash and cash equivalents - end of the period $ 715,580  
SUNLIGHT FINANCIAL LLC    
Net Cash Provided by (Used in) Operating Activities [Abstract]    
Net income 10,624,000 $ 6,890,000
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 3,338,000 2,741,000
Provision for losses 1,350,000 725,000
Change in fair value of warrant liabilities 5,510,000 114,000
Change in fair value of contract derivative, net (1,435,000) 0
Other income (expense) 634,000 (17,000)
Unit-based payment arrangements 126,000 200,000
Increase (decrease) in operating capital:    
Decrease (increase) in advances (17,877,000) 1,459,000
Increase in other assets (3,000,000) (805,000)
Increase in accounts payable and accrued expenses 6,918,000 3,659,000
Increase (decrease) in funding commitments (1,123,000) 4,729,000
Increase (decrease) in other liabilities (40,000) 111,000
Net cash used in operating activities 5,025,000 19,806,000
Cash Flows From Investing Activities    
Return of investments in loan pool participation and loan principal repayments 1,316,000 913,000
Payments to acquire loans and participations in loan pools (2,839,000) (3,273,000)
Payments to acquire property and equipment (3,280,000) (3,732,000)
Net cash provided by investing activities (4,803,000) (6,092,000)
Cash Flows From Financing Activities    
Proceeds from borrowings under line of credit 8,713,000 10,181,000
Repayments of borrowings under line of credit (5,899,000) (3,671,000)
Payment of capital distributions (1,987,000) (1,592,000)
Payments of financing costs 0 (213,000)
Net cash provided by financing activities 827,000 4,705,000
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 1,049,000 18,419,000
Cash and cash equivalents - beginning of the period 51,656,000 33,237,000
Cash and cash equivalents - end of the period 52,705,000 51,656,000
Supplemental Cash Flow Information [Abstract]    
Cash paid during the period for interest 713,000 672,000
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]    
Distributions declared, but not paid 7,522,000 1,987,000
Preferred dividends, paid in-kind 33,650,000 15,077,000
Change in temporary equity redemption value $ 502,076,000 $ 28,514,000