Altisource asset management corporation (AAMC)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Mar'13
Revenues:
Revenue

15,762

15,926

18,160

19,991

-

-

-

-

Management fees from Front Yard

-

-

-

-

0

0

-

-

Conversion fees from Front Yard

-

-

-

-

0

0

-

-

Expense reimbursements from Front Yard

-

-

-

-

0

0

-

-

Rental revenues

-

-

-

-

13,233

1,564

36

-

Change in unrealized gain on mortgage loans

-

-

-

-

88,829

350,822

61,092

1,128

Net realized gain on sales of mortgage loans

-

-

-

-

94,493

55,766

10,482

387

Net realized gain on mortgage loans held for sale

-

-

-

-

-

2,771

0

-

Net realized gain on sales of real estate

-

-

-

-

50,932

9,482

0

-

Interest income

-

-

-

-

612

2,893

687

-

Total revenues

-

-

-

-

248,099

423,298

72,297

1,515

Expenses:
Salaries and employee benefits

17,029

17,320

19,393

17,369

16,294

5,217

-

-

Legal and professional fees

3,611

1,605

2,794

2,173

11,311

7,161

-

-

Residential property operating expenses

-

-

-

-

66,266

26,018

767

-

Real estate depreciation and amortization

-

-

-

-

7,472

-

-

-

Real estate depreciation and amortization

-

-

-

-

-

1,067

25

-

Acquisition fees and costs

-

-

-

-

-

-

1,408

-

Business Combination, Acquisition Related Costs, Related Party

-

-

-

-

-

-

115

-

Selling costs and impairment

-

-

-

-

72,230

21,788

184

-

Mortgage loan servicing costs

-

-

-

-

62,346

68,181

10,418

392

Interest expense

-

-

-

-

53,131

35,647

4,568

42

General and administrative

4,147

3,609

3,320

4,772

7,583

12,998

16,857

2,833

Related party general and administrative

-

-

-

-

-

-

3,652

207

Total expenses

24,787

22,534

25,507

24,314

296,633

178,077

37,994

3,474

Other income (loss):
Other income (loss):
Change in fair value of Front Yard common stock

5,864

-5,084

0

0

-

-

-

-

Dividend income on Front Yard common stock

731

975

975

1,023

0

-

-

-

Dividend income on Front Yard common stock

-

-

-

-

-

0

-

-

Other income

155

216

111

71

0

5,407

0

-

Total other (loss) income

6,750

-3,893

1,086

1,094

0

5,407

-

-

Loss before income taxes

-2,275

-10,501

-6,261

-3,229

-48,534

250,628

34,303

-

Income tax expense

338

375

708

1,706

354

2,096

0

-

Net loss

-

-

-

-

-48,888

248,532

34,303

-1,959

Net loss attributable to non-controlling interest in consolidated affiliate

-

-

-

-

-45,598

188,853

39,596

-1,073

Net loss

-2,613

-10,876

-6,969

-4,935

-3,290

59,679

-5,293

-886

Amortization of preferred stock issuance costs

206

206

206

207

206

-

-

-

Net loss attributable to common stockholders

-2,819

-11,082

-7,175

-5,142

-3,496

-

-

-

Loss per share of common stock – basic:
Earnings Per Share [Abstract]
Loss per basic common share (usd per share)

-1.77

-6.88

-4.57

-2.93

-1.59

26.31

-2.26

-

Weighted average common stock outstanding – basic (shares)

1,589

1,611

1,570

1,752

2,202

2,261

2,346

-

Loss per share of common stock – diluted:
Loss per diluted common share (usd per share)

-1.77

-6.88

-4.57

-2.93

-1.59

21.07

-2.26

-

Weighted average common stock outstanding – diluted (shares)

1,589

1,611

1,570

1,752

2,202

2,832

2,346

-

Management fees from Front Yard
Revenue

14,270

14,567

16,010

17,334

-

-

-

-

Conversion fees from Front Yard
Revenue

29

176

1,291

1,841

-

-

-

-

Expense reimbursements from Front Yard
Revenue

1,463

1,183

859

816

-

-

-

-