Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

v3.22.2.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 68,913 $ 91,882
Restricted cash 1,581 2,018
Financing receivables, net of allowance for credit losses 95,572 71,152
Goodwill 445,756 445,756
Intangible assets, net 335,343 365,839
Property and equipment, net 1,681 4,069
Other assets 22,533 21,531
Total assets 971,379 1,002,247
Liabilities    
Accounts payable and accrued expenses 16,082 23,386
Funding commitments 16,568 22,749
Debt 20,613 20,613
Distributions payable 1,521 0
Deferred tax liabilities 32,637 36,686
Warrants, at fair value 10,281 19,007
Other liabilities 10,009 843
Total liabilities 107,711 123,284
Commitments and Contingencies (Note 10)
Stockholders' Equity    
Preferred stock 0 0
Additional paid-in capital 765,284 764,366
Accumulated deficit (195,642) (186,022)
Total capital 569,651 578,353
Treasury stock, at cost; 1,595,727 and 1,569,909 Class A shares as of June 30, 2022 and December 31, 2021, respectively (15,638) (15,535)
Total stockholders' equity 554,013 562,818
Noncontrolling interests in consolidated subsidiaries 309,655 316,145
Total equity 863,668 878,963
Total liabilities and stockholders' equity 971,379 1,002,247
Advances (net of allowance for credit losses of $3,487 and $238)    
Assets    
Financing receivables, net of allowance for credit losses 91,778 66,839
Financing receivables (net of allowance for credit losses of $146 and $148)    
Assets    
Financing receivables, net of allowance for credit losses 3,794 4,313
Class A common stock    
Stockholders' Equity    
Common stock 9 9
Class B common stock    
Stockholders' Equity    
Common stock 0 0
Class C common stock    
Stockholders' Equity    
Common stock $ 0 $ 0