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CONSOLIDATED STATEMENTS OF EARNINGS (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Revenues:    
Servicing fees ($15,893 and $10,151 from affiliates, respectively) $ 16,918 $ 11,065
Income from Portfolio Assets 26,707 40,622
Gain on sale of SBA loans held for sale, net 1,481 2,261
Gain on sale of investment securities 343 90
Interest income from SBA loans 1,507 1,433
Interest income from loans receivable - affiliates 840 2,942
Interest income from loans receivable - other 369 606
Revenue from railroad operations 12,481 6,989
Other income 9,935 8,309
Total revenues 70,581 74,317
Costs and expenses:    
Interest and fees on notes payable to banks and other 5,429 13,032
Interest and fees on notes payable to affiliates   1,502
Salaries and benefits 24,756 22,794
Provision for loan and impairment losses 3,930 4,165
Asset-level expenses 3,370 6,094
Costs and expenses from railroad operations 9,538 4,583
Other costs and expenses 21,166 16,429
Total costs and expenses 68,189 68,599
Earnings before other revenue and income taxes 2,392 5,718
Equity income from unconsolidated subsidiaries 15,244 2,231
Gain on business combinations 935 433
Gain on debt extinguishment   26,543
Gain on sale of subsidiaries 1,451 1,818
Earnings before income taxes 20,022 36,743
Income tax expense (benefit) 974 3,702
Net earnings 19,048 33,041
Less: Net income attributable to noncontrolling interests 4,710 8,824
Net earnings attributable to FirstCity $ 14,338 $ 24,217
Basic earnings per share of common stock (in dollars per share) $ 1.36 $ 2.34
Diluted earnings per share of common stock (in dollars per share) $ 1.35 $ 2.33