Medley management inc. (MDLY)
Income statement / 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'14Sep'13
Revenues
Revenue from Contract with Customer, Excluding Assessed Tax

10,029

10,717

12,228

12,877

13,354

13,066

15,105

15,003

14,414

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Performance Fees

-

-

-

-

-

-

-

-

-

-

-

546

-2,363

737

1,446

851

-591

-

-14,595

-2,368

6,336

-1,287

965

1,617

755

830

Fees and Commissions, Other

-

-

-

-

-

-

-

-

-

-

-

2,668

2,320

2,260

2,172

1,780

1,899

-

1,891

1,981

1,624

1,688

2,787

2,383

2,013

1,328

Management Fees Revenue

-

-

-

-

-

-

-

-

-

-

-

13,201

13,895

15,276

15,262

18,695

16,263

-

18,135

20,923

17,520

17,786

17,013

13,225

13,228

9,271

Investment income (loss):
Carried interest

-214

168

-142

441

352

-129

-326

432

165

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other investment (loss) income, net

-1,943

-231

-550

-436

63

-372

-382

-284

-183

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Carried interest

-

-

-

-

-

-

-

-

-

-

-

28

145

-

-

-

-

-

-

-

-

-

-

-

-

-

Other investment loss

-

-

-

-

-

-

-

-

-

-

91

9

1

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Revenues

7,872

10,654

11,536

12,882

13,769

12,565

14,397

15,151

14,396

18,041

16,562

16,434

13,996

18,164

18,880

21,326

17,571

15,146

5,431

20,536

25,480

18,187

20,765

17,225

15,996

11,429

Expenses
Compensation and benefits

6,202

6,856

7,090

6,958

8,021

9,787

6,241

7,307

8,331

8,677

6,382

5,705

5,794

6,404

6,964

8,564

5,868

7,236

5,914

6,397

7,221

5,312

5,677

5,574

3,759

3,498

Performance fee compensation

-

-

-

-

-

-

-

-

-

-

-14

50

-881

-223

-212

45

71

-3,471

-3,660

-1,030

112

-694

-921

1,640

1,518

928

Consolidated Funds expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

296

513

320

306

General, administrative and other expenses

4,937

4,423

5,403

4,106

3,254

4,271

6,244

4,342

4,509

4,113

3,510

2,754

2,668

2,861

8,801

8,899

7,979

6,080

1,626

4,623

4,507

3,491

3,458

5,134

4,229

3,160

Total Expenses

11,139

11,279

12,493

11,064

11,275

14,058

12,485

11,649

12,840

13,635

9,878

8,509

7,581

9,184

15,553

17,508

13,776

9,845

3,880

9,990

11,840

5,564

8,510

12,861

9,826

7,892

Other Income (Expenses)
Dividend income

137

177

182

188

572

960

962

960

1,429

1,431

1,428

733

735

549

312

221

222

221

222

221

222

221

222

221

222

222

Interest expense

2,793

2,851

2,874

2,874

2,898

2,693

2,717

2,715

2,681

2,724

2,718

2,766

3,647

2,633

2,403

2,072

2,118

2,134

2,141

2,109

2,085

2,140

2,016

731

633

345

Other income, net

123

-3,771

1,768

-5,980

3,571

-9,195

2,711

-4,011

-9,755

-36

-192

31

1,560

576

55

-863

-751

279

-838

13

-262

-187

-268

-387

-931

3

Interest and other income of Consolidated Funds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,880

20,175

13,421

13,495

Interest expense of Consolidated Funds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,500

1,800

-

-

Net realized gain (loss) on investments of Consolidated Funds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-499

-69

1,357

-5,486

Net change in unrealized appreciation (depreciation) on investments of Consolidated Funds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,369

642

-7,813

2,535

Total other (expenses) income, net

-2,533

-6,445

-924

-8,666

1,245

-10,928

956

-5,766

-11,007

-1,329

-1,482

-2,002

-1,352

-1,508

-2,036

-2,714

-2,647

-1,634

-2,757

-1,875

-2,125

3,575

11,726

17,228

3,987

10,424

(Loss) income before income taxes

-5,800

-7,070

-1,881

-6,848

3,739

-12,421

2,868

-2,264

-9,451

3,077

5,202

5,923

5,063

7,472

1,291

1,104

1,148

3,667

-1,206

8,671

11,515

16,198

23,981

21,592

10,157

13,961

Provision for (benefit from) income taxes

39

4,991

-188

-70

-23

-577

450

195

190

463

652

428

413

772

77

102

112

62

-113

918

1,148

354

923

747

504

462

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-5,839

-12,061

-1,693

-6,778

3,762

-11,844

2,418

-2,459

-9,641

2,614

4,550

5,495

4,650

6,700

1,214

1,002

1,036

3,605

-1,093

7,753

10,367

15,844

23,058

20,845

9,653

13,499

Net Loss Attributable to Medley Management Inc.

-1,130

-2,608

-516

-183

-72

-591

-485

-128

-1,228

-502

461

574

394

625

220

58

94

526

272

1,039

1,274

-

378

-

-

0

Dividends declared per share of Class A common stock (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.20

0.20

0.20

0.40

0.20

0.00

0.20

-

-

-

-

-

Earnings Per Share [Abstract]
Basic (in dollars per share)

-0.20

-0.46

-0.09

-0.03

-0.02

-0.16

-0.15

-0.08

-0.26

-

0.03

0.06

0.06

-

0.00

-0.03

-0.01

-

0.04

0.14

0.19

-

0.05

-

-

-

Diluted (in dollars per share)

-0.20

-0.46

-0.09

-0.03

-0.02

-0.16

-0.15

-0.08

-0.26

-

0.03

0.06

0.06

-

0.00

-0.03

-0.01

-

0.04

0.14

0.19

-

0.05

-

-

-

Weighted average shares outstanding - Basic and Diluted (in shares)

-

-

5,899

5,847

-

-

5,591

5,543

-

-

5,342

5,588

5,808

-

5,778

5,777

5,851

-

6,000

6,000

6,000

-

6,000

-

-

-

Management Fees [Member]
Revenue from Contract with Customer, Excluding Assessed Tax

7,302

8,745

9,607

10,208

10,913

10,699

12,336

11,965

12,085

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Revenues and Fees [Member]
Revenue from Contract with Customer, Excluding Assessed Tax

2,727

1,972

2,621

2,669

2,441

2,367

2,769

3,038

2,329

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Consolidated Subsidiaries [Member]
Net income (loss) attributable to non-controlling interests

-152

-3,836

1,619

-5,674

4,195

-7,971

3,866

-2,464

-4,514

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Medley LLC [Member]
Net income (loss) attributable to non-controlling interests

-4,557

-5,617

-2,796

-921

-361

-3,282

-963

133

-3,899

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common Class A [Member]
Dividends declared per share of Class A common stock (in dollars per share)

0.00

0.00

0.00

0.00

0.03

0.20

0.20

0.20

0.20

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average shares outstanding - Basic and Diluted (in shares)

6,235

-

-

-

5,754

-

-

-

5,483

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-