| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | |
|---|---|---|---|---|---|---|
Revenues: | ||||||
Interest on delinquent association fees | ||||||
1,510 | 2,084 | 2,935 | 3,640 | 5,588 | 6,432 | |
Administrative and late fees | ||||||
145 | 230 | 259 | 383 | 544 | 709 | |
Recoveries in excess of cost - special product | ||||||
97 | 118 | 172 | 143 | 345 | 136 | |
Underwriting and other revenues | ||||||
215 | 246 | 286 | 385 | 302 | - | |
Net commission revenue | ||||||
639 | - | - | - | - | - | |
Underwriting and origination fees | ||||||
- | - | - | - | - | 243 | |
Rental revenue | ||||||
417 | 709 | 737 | 347 | 180 | 126 | |
Total revenues | ||||||
3,025 | 3,389 | 4,391 | 4,899 | 6,960 | 7,649 | |
Operating Expenses: | ||||||
Staff costs and payroll | ||||||
- | - | - | 3,220 | 1,288 | 1,301 | |
Professional fees | ||||||
1,872 | 1,331 | 2,459 | 2,105 | 819 | 565 | |
Settlement costs with associations | ||||||
68 | 40 | 269 | 654 | 805 | - | |
Settlement costs with associations | ||||||
- | - | - | - | - | 373 | |
Selling, general and administrative | ||||||
515 | 323 | 810 | 1,080 | 686 | 716 | |
Recovery of cost from related party receivable | ||||||
190 | - | - | - | - | - | |
Provision for credit losses | ||||||
- | - | 141 | - | 125 | - | |
Real estate management and disposal | ||||||
460 | 627 | 551 | 499 | 270 | 190 | |
Depreciation and amortization | ||||||
63 | 68 | 95 | 72 | 47 | 152 | |
Collection costs | ||||||
-17 | 19 | 228 | 292 | 206 | 715 | |
Provision for credit losses | ||||||
0 | 0 | 1,408 | - | - | - | |
Impairment of goodwill | ||||||
1,650 | - | - | - | - | - | |
Other operating expenses | ||||||
62 | 17 | 10 | 62 | 68 | 102 | |
Total operating expenses | ||||||
5,894 | 3,801 | 7,863 | 7,986 | 4,318 | 4,118 | |
Operating loss from continuing operations | ||||||
-2,869 | -412 | -3,471 | -3,086 | 2,642 | 3,531 | |
Gain on disposal of assets | ||||||
6 | - | - | - | - | - | |
Gain on litigation | ||||||
- | 405 | -505 | - | - | - | |
Loss on settlement of debt exchange | ||||||
- | - | -604 | - | - | - | |
Interest expense | ||||||
142 | 464 | 614 | 594 | 917 | 985 | |
Total other expenses | ||||||
135 | 59 | 1,723 | 594 | - | - | |
Loss from continuing operations before income taxes | ||||||
-3,004 | -472 | -5,195 | -3,681 | 1,725 | 2,546 | |
Income tax benefit | ||||||
- | - | 3,431 | -1,310 | -146 | - | |
Net loss | ||||||
-3,004 | -472 | - | - | 1,871 | 2,546 | |
Net (income) attributable to non-controlling interest | ||||||
- | - | - | - | -139 | 163 | |
Net (income) attributable to predecessor members | ||||||
- | - | - | - | 1,731 | 2,382 | |
Net loss to common stockholders | ||||||
- | - | -8,627 | -2,370 | -20 | - | |
Earnings/(loss) per share: | ||||||
Basic loss per common share - net loss | ||||||
-0.96 | -0.47 | -25.68 | -0.72 | -0.01 | - | |
Diluted loss per common share - net loss | ||||||
-0.96 | -0.47 | -25.68 | -0.72 | -0.01 | - | |
Weighted average number of common shares outstanding: | ||||||
Basic | ||||||
3,133 | 996 | 335 | 3,300 | 3,300 | - | |
Diluted | ||||||
3,133 | 996 | 335 | 3,300 | 3,300 | - | |
Service [Member] | ||||||
Staff costs and payroll | ||||||
1,409 | 1,374 | 1,887 | - | - | - | |