Atlanticus holdings corp (ATLC)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets
Unrestricted cash and cash equivalents

177,311

135,379

42,589

63,197

101,049

60,968

29,296

49,604

35,414

41,484

68,582

74,475

78,309

76,052

58,720

30,446

48,855

51,033

38,236

46,328

31,395

39,925

38,187

32,921

47,133

50,873

59,834

60,957

71,308

67,915

47,925

51,282

145,305

144,913

105,996

126,555

68,931

Restricted cash and cash equivalents

25,590

41,015

69,524

81,897

65,184

80,786

30,109

28,869

31,240

29,174

28,659

28,851

16,234

16,589

17,229

16,883

18,180

20,547

21,470

16,859

17,682

22,741

22,875

19,093

23,454

18,871

18,951

15,017

13,969

12,921

12,930

17,954

21,756

23,759

25,161

29,240

36,023

Loans, interest and fees receivable:
Loans, interest and fees receivable, at fair value

89,394

4,386

4,525

4,904

5,394

6,306

7,125

-

-

11,109

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans and fees receivable, net (of $16,323 and $15,730 in deferred revenue and $19,682 and $19,957 in allowances for uncollectible loans and fees receivable at September 30, 2015 and December 31, 2014, respectively)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

132,932

120,085

107,792

-

101,486

95,445

92,078

97,208

84,250

76,418

70,745

69,625

56,569

68,772

-

64,721

-

-

-

Loans and fees receivable pledged as collateral under structured financings, net (of $22 and $511 in deferred revenue and $2,388 and $7,537 in allowances for uncollectible loans and fees receivable at December 31, 2012 and December 31, 2011, respectively)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,598

18,232

24,138

31,902

38,719

91,166

118,801

Loans and Fees Receivable, at Fair Value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,255

6,275

-

8,825

11,512

13,147

18,255

9,007

9,489

11,691

12,080

14,403

15,662

17,606

20,378

19,285

20,846

23,510

28,226

35,000

12,052

12,437

Loans, interest and fees receivable, gross

900,808

998,209

858,483

691,816

562,472

541,344

480,891

441,400

400,700

393,898

359,800

323,900

297,800

290,700

264,300

-

-

180,100

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Allowances for uncollectible loans, interest and fees receivable

186,908

186,329

134,552

100,197

85,319

79,211

68,258

-

-

62,970

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

66,534

90,307

83,637

65,662

47,251

43,897

40,615

-

-

36,956

-

-

-

-

21,200

-

-

16,700

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loans, interest and fees receivable

736,760

725,959

644,819

530,861

435,296

424,542

379,143

358,018

315,720

305,081

283,843

264,165

246,585

239,431

226,913

198,200

151,661

168,655

-

-

-

105,897

-

-

-

-

-

-

-

-

-

-

66,420

-

61,989

16,752

50,805

Loans and fees receivable pledged as collateral under structured financings, at fair value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,265

17,461

-

22,283

27,464

30,743

34,905

64,971

71,688

79,150

88,132

97,383

107,258

122,976

133,595

168,407

186,206

201,925

238,763

275,815

320,563

373,155

Rental merchandise, net of depreciation

-

-

-

-

-

-

-

-

-

-

0

0

0

-

128

588

1,832

4,666

9,230

12,006

10,357

14,177

12,268

11,082

22,052

28,849

16,976

-

-

0

-

-

-

-

-

-

-

Investments in previously charged-off receivables

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

59,489

36,795

37,110

39,818

31,280

29,889

Investments in securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,215

6,107

-

-

-

-

-

Investments in securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,995

-

6,132

10,309

64,317

Deferred costs, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,100

2,706

2,852

-

2,551

2,718

3,151

Property at cost, net of depreciation

2,552

2,738

2,964

3,147

3,385

3,625

2,724

2,908

3,021

3,229

3,296

3,382

3,568

3,829

4,049

4,319

4,948

5,686

6,143

6,472

6,799

7,036

10,050

10,636

10,232

8,937

8,017

7,725

7,054

7,192

7,363

8,375

8,343

8,098

7,561

7,869

15,893

Investments in equity-method investee

1,606

1,957

2,025

2,053

2,260

2,476

2,852

3,447

3,561

4,244

4,745

5,404

5,993

6,725

7,683

8,351

9,525

10,123

11,317

12,901

14,437

15,833

31,402

32,397

35,182

35,134

36,282

38,636

36,584

37,756

41,914

45,189

46,919

49,862

53,189

53,253

8,279

Deposits

102

104

104

104

125

124

488

283

272

252

306

305

305

505

530

538

620

825

987

981

1,026

1,589

2,014

2,402

1,923

1,908

6,311

16,197

16,410

16,397

-

-

-

2,968

-

-

-

Operating lease right-of-use assets

12,999

14,091

15,137

16,275

17,013

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Note receivable from sale of Investments in Previously Charged-Off Receivables segment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,033

-

-

-

-

-

-

Intangibles, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

66

133

2,378

Prepaid expenses and other assets

14,964

15,023

14,785

12,824

11,922

10,087

16,113

15,615

43,684

42,149

39,636

23,065

20,129

19,416

20,578

20,475

19,958

19,194

19,593

17,324

16,391

7,997

10,135

14,099

15,035

10,243

14,533

13,560

12,457

14,647

18,273

10,135

11,402

17,585

10,218

8,575

16,591

Income tax asset

-

-

-

-

-

-

284

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

48,623

45,419

80,259

Total assets

971,884

936,266

791,947

710,358

636,234

582,608

461,009

458,744

432,912

425,613

429,067

399,647

371,123

362,547

335,830

300,308

279,315

280,729

271,016

271,932

249,769

268,355

302,395

299,252

337,930

352,235

356,940

351,430

369,109

380,426

406,612

495,293

595,360

647,907

710,838

755,884

880,909

Liabilities
Accounts payable and accrued expenses

36,198

41,617

73,614

86,309

108,837

105,765

107,254

109,668

114,709

115,737

114,883

112,400

91,027

86,768

76,309

60,544

57,621

51,722

44,688

40,401

36,348

39,968

32,730

36,369

41,595

48,625

43,131

34,726

31,718

38,596

37,173

42,793

42,275

47,140

58,246

40,004

50,861

Operating lease liabilities

20,304

22,259

24,169

26,171

27,742

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes payable, at face value

738,993

749,209

617,902

497,126

408,242

390,927

293,298

268,343

242,130

226,238

208,980

165,746

144,808

141,166

117,908

103,611

80,834

90,000

85,205

84,514

65,237

78,749

71,304

-

-

56,740

-

-

-

-

-

-

-

-

-

-

-

Notes payable to related parties

-

-

40,000

40,000

40,000

40,000

40,000

40,000

40,000

40,000

40,000

40,000

40,000

40,000

40,000

20,000

20,000

20,000

20,000

20,000

20,000

20,000

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Notes payable associated with structured financings, at fair value (associated with variable interest entities)

3,358

3,920

3,978

4,324

4,776

5,651

6,220

-

-

9,240

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes payable, at face value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

66,860

-

52,302

42,017

37,168

26,747

20,184

38,600

-

23,765

-

-

-

Notes payable, at face value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23,600

-

-

-

0

Notes payable associated with structured financings, at face value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,366

9,653

17,002

23,151

30,959

64,604

96,905

Notes payable associated with structured financings, at fair value

-

-

-

-

-

-

-

6,797

7,909

-

9,769

10,031

11,131

12,276

14,367

15,626

18,069

20,970

23,225

28,685

32,294

36,511

69,657

75,509

85,849

94,523

106,394

113,613

129,550

140,127

167,521

182,750

202,470

241,755

277,793

304,260

370,544

Notes payable, at face value, net

-

-

-

-

-

-

-

-

-

-

143,834

109,322

90,716

-

-

-

-

53,800

-

-

-

-

-

53,345

-

-

-

-

-

-

-

-

-

-

-

-

-

Convertible senior notes

24,162

24,091

24,021

62,487

62,313

62,142

61,975

61,811

61,650

61,393

61,238

61,085

60,937

60,791

62,030

61,903

64,910

64,783

64,658

64,537

64,868

64,752

96,365

96,254

96,092

95,934

95,779

95,628

95,480

95,335

95,194

95,056

177,653

176,400

197,497

201,748

229,844

Income tax liability

6,991

5,785

5,981

2,504

300

252

0

4,454

9,465

9,132

11,059

11,729

16,207

15,769

17,819

22,490

22,276

22,303

20,614

21,594

20,736

20,933

58,700

57,788

57,122

55,255

62,706

61,036

60,607

60,434

61,683

60,239

-

59,368

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,073

1,140

1,413

Income tax liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

59,687

-

62,955

62,884

60,411

Liabilities related to assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,808

2,515

9,114

Total liabilities

830,006

846,881

789,665

718,921

652,210

604,737

508,747

491,073

475,863

461,740

445,929

400,991

364,110

356,770

328,433

284,174

263,710

269,778

258,390

259,731

239,483

260,913

328,756

319,265

347,518

351,077

360,312

347,020

354,523

361,239

389,121

429,091

522,687

571,579

631,331

677,155

819,092

Commitments and contingencies (Note 11)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Shareholders' Equity
Common stock, no par value, 150,000,000 shares authorized: 15,877,505 shares issued and outstanding (including 1,459,233 loaned shares to be returned) at March 31, 2020; and 15,885,314 shares issued and outstanding (including 1,459,233 loaned shares to be returned) at December 31, 2019

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Paid-in capital

209,748

212,692

214,030

215,111

214,891

213,435

212,808

213,201

213,025

212,785

212,618

212,572

212,155

211,646

211,165

210,837

210,881

211,083

210,944

210,762

210,626

210,519

211,339

211,020

210,642

210,315

210,307

210,468

210,768

211,122

211,037

293,472

293,407

294,246

297,636

297,620

408,751

Treasury stock, at cost, 0 and 8,438,179 shares at December 31, 2012 and December 31, 2011, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

187,615

185,941

186,337

208,696

Accumulated other comprehensive income

-

-

2,962

4,056

2,045

3,558

1,502

348

-4,523

-2,178

-1,096

0

0

0

0

0

-300

-600

-871

-685

-1,068

-1,841

-1,090

-267

-642

-737

-1,262

-2,526

-2,440

-1,154

-1,095

-1,895

-1,315

-2,257

-1,183

-960

-5,608

Retained deficit

-206,361

-211,786

-214,195

-227,272

-232,516

-238,784

-261,772

-245,680

-251,310

-246,640

-228,382

-213,915

-205,131

-205,859

-203,759

-194,694

-194,971

-199,524

-197,440

-197,873

-199,270

-201,237

-236,612

-230,766

-219,588

-208,414

-212,414

-203,530

-193,681

-190,673

-192,090

-225,301

-219,556

-28,257

-31,354

-32,220

-151,609

Total shareholders’ equity

3,387

906

2,797

-8,105

-15,580

-21,791

-47,462

-32,131

-42,808

-36,033

-16,860

-1,343

7,024

5,787

7,406

16,143

15,610

10,959

12,633

12,204

10,288

7,441

-26,363

-20,013

-9,588

1,164

-3,369

4,412

14,647

19,295

17,852

66,276

72,536

76,117

79,158

78,103

42,838

Noncontrolling interests

-634

-571

-515

-458

-396

-338

-276

-198

-143

-94

-2

-1

-11

-10

-9

-9

-5

-8

-7

-3

-2

1

2

0

0

-6

-3

-2

-61

-108

-361

-74

137

211

349

626

18,979

Total equity

2,753

335

2,282

-8,563

-15,976

-22,129

-47,738

-32,329

-42,951

-36,127

-16,862

-1,344

7,013

5,777

7,397

16,134

15,605

10,951

12,626

12,201

10,286

7,442

-26,361

-20,013

-9,588

1,158

-3,372

4,410

14,586

19,187

17,491

66,202

72,673

76,328

79,507

78,729

61,817

Total liabilities, preferred stock and shareholders' equity

971,884

936,266

791,947

710,358

636,234

582,608

461,009

458,744

432,912

425,613

429,067

399,647

371,123

362,547

335,830

300,308

279,315

280,729

271,016

271,932

249,769

268,355

302,395

299,252

337,930

352,235

356,940

351,430

369,109

380,426

406,612

495,293

595,360

647,907

710,838

755,884

880,909

Series A Preferred Stock [Member]
Preferred stock, no par value, 10,000,000 shares authorized: Series A preferred stock, 400,000 shares issued and outstanding at December 31, 2019; 0 shares at December 31, 2018 (Note 4)

40,000

40,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Series B Preferred Stock [Member]
Preferred stock, no par value, 10,000,000 shares authorized: Series A preferred stock, 400,000 shares issued and outstanding at December 31, 2019; 0 shares at December 31, 2018 (Note 4)

99,125

49,050

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-