Atlanticus Holdings Corporation
(NASDAQ:ATLC)

Atlanticus Holdings Corporation provides credit and related financial services and products to customers the United States. It operates in two segments, Credit and Other Investments, and Auto Finance. The Credit and Other Investments segment originates a range of consumer loan products, such as priv...

Website: http://www.atlanticus.com

Founded: 1996

Full Time Employees: 314

Sector: Financial Services

Industry: Credit Services

Financial Services

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Quarterly

Annual

Unit: USD	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30

revenue and other income:
consumer loans, including past due fees	538,478,000	341,163,000	276,350,000	247,655,000	251,702,000	255,389,000	242,349,000	230,374,000	224,698,000	224,682,000	220,042,000	209,701,000	211,866,000	218,016,000	191,547,000	164,806,000	152,656,000	141,177,000	122,654,000	102,296,000	103,962,000	103,552,000	100,046,000	103,056,000	84,878,000	70,473,000	55,091,000	50,390,000	45,643,000	41,901,000	37,743,000	35,681,000	33,031,000	28,985,000	26,613,000	25,859,000	24,726,000	24,053,000	21,462,000	18,148,000	18,655,000	16,863,000	16,869,000	17,443,000	17,505,000	18,481,000	17,387,000	19,957,000	14,785,000	17,975,000	16,681,000	19,824,000	17,764,000	20,054,000	23,907,000	26,086,000	30,776,000	35,802,000	38,855,000	42,624,000	48,600,000	60,609,000	69,179,000	84,188,000	18,808,000	17,987,000	18,967,000
fees and related income on earning assets	156,103,000	123,575,000	94,285,000	78,341,000	83,788,000	78,572,000	59,506,000	47,905,000	71,691,000	59,853,000	62,874,000	44,357,000	48,016,000	48,518,000	65,839,000	54,698,000	53,808,000	54,085,000	49,553,000	37,020,000	30,279,000	35,856,000	32,562,000	19,776,000	24,311,000	20,435,000	15,137,000	11,264,000	7,148,000	9,536,000	7,094,000	6,214,000	3,351,000	4,166,000	3,971,000	2,801,000	3,476,000	75,000	5,878,000	7,887,000	10,535,000	16,677,000	12,751,000	13,219,000	13,080,000	20,669,000	22,196,000	32,885,000	33,702,000	18,382,000	10,219,000	6,806,000	209,000	3,703,000	29,152,000	64,354,000	23,151,000	25,892,000	32,532,000	76,408,000	16,726,000	112,605,000	154,599,000	126,894,000
other revenue	39,794,000	30,554,000	23,185,000	18,877,000	17,696,000	16,993,000	13,786,000	11,895,000	12,211,000	10,378,000	7,835,000	6,924,000	8,782,000	11,340,000	12,410,000	10,266,000	10,060,000	8,655,000	7,312,000	4,579,000
total operating revenue and other income	734,375,000	495,292,000	393,820,000	344,873,000
other non-operating income	19,000	-616,000	343,000	293,000
total revenue and other income	734,394,000	494,676,000	394,163,000	345,166,000
interest expense	-125,225,000	-75,464,000	-53,684,000	-47,530,000	-44,670,000	-42,492,000	-37,948,000	-35,063,000	-32,619,000	-28,274,000	-24,215,000	-24,234,000	-24,002,000	-21,514,000	-18,925,000	-17,410,000	-15,669,000	-12,370,000	-13,790,000	-12,298,000	-13,034,000	-12,678,000	-12,252,000	-13,584,000	-14,471,000	-13,099,000	-12,014,000	-11,146,000	-10,655,000	-9,281,000	-8,807,000	-8,153,000	-8,196,000	-7,268,000	-6,419,000	-5,817,000	-5,514,000	-5,257,000	-4,792,000	-4,644,000	-4,591,000	-4,653,000	-4,529,000	-4,557,000	-5,601,000	-6,106,000	-6,158,000	-6,187,000	-6,235,000	-5,999,000	-5,866,000	-5,772,000	-5,542,000	-7,406,000	-7,429,000	-10,897,000	-10,525,000	-10,148,000	-11,355,000	-11,951,000	-13,197,000	-11,599,000	-16,202,000	-17,633,000	-12,391,000	-9,465,000	-10,018,000
provision for credit losses	-2,236,000	-1,549,000	-1,382,000	-1,068,000	-7,045,000	-4,633,000	-1,746,000	-2,944,000
changes in fair value of loans	-431,082,000	-276,851,000	-216,777,000	-178,345,000	-184,310,000	-203,739,000	-186,251,000	-159,171,000
net margin	175,851,000	140,812,000	122,320,000	118,223,000	117,466,000	100,360,000	90,078,000	93,528,000	91,798,000	88,241,000	88,485,000	86,281,000	82,343,000	92,435,000	104,369,000	107,594,000	115,860,000	123,614,000	98,456,000	93,004,000
operating expenses:
salaries and benefits	-22,492,000	-18,196,000	-13,381,000	-15,503,000	-12,559,000	-12,299,000	-11,973,000	-13,312,000	11,313,000	11,360,000	10,629,000	10,604,000	11,175,000	10,363,000	10,099,000	11,426,000	9,447,000	8,455,000	7,883,000	8,239,000	8,437,000	6,624,000	6,508,000	7,510,000	6,774,000	6,429,000	6,435,000	6,591,000	5,692,000	5,838,000	5,602,000	6,298,000	6,437,000	5,296,000	5,486,000	5,532,000	5,784,000	6,329,000	6,181,000	5,732,000	6,683,000	4,700,000	4,322,000	4,120,000	5,471,000	4,544,000	4,664,000	5,098,000	4,631,000	4,421,000	4,371,000	4,409,000	4,327,000	2,523,000	4,844,000	5,877,000	4,738,000	4,785,000	6,277,000	6,562,000	6,676,000	7,568,000	8,522,000	10,838,000	11,628,000	12,182,000	13,843,000
card and loan servicing	-55,585,000	-39,024,000	-34,085,000	-32,152,000	-35,811,000	-28,069,000	-27,698,000	-26,822,000	26,607,000	25,864,000	23,814,000	24,335,000	23,981,000	24,775,000	23,997,000	22,675,000	20,559,000	19,239,000	18,212,000	17,387,000	15,300,000	16,309,000	15,601,000	15,837,000	14,336,000	13,152,000	11,527,000	10,444,000	9,767,000	9,286,000	8,928,000	9,164,000	7,668,000	8,687,000	7,794,000	7,385,000	7,362,000	7,027,000	7,285,000	8,988,000	7,443,000	9,749,000	9,608,000	10,271,000	10,482,000	11,383,000	12,956,000	13,778,000	12,859,000	11,732,000	10,849,000	10,679,000	9,477,000	10,428,000	20,037,000	19,952,000	17,724,000	18,107,000	18,387,000	27,011,000	17,699,000	31,245,000	34,701,000	41,535,000	40,786,000	55,930,000	53,121,000
marketing and solicitation	-32,681,000	-35,301,000	-24,949,000	-20,334,000	-17,338,000	-14,848,000	-13,572,000	-10,428,000	14,930,000	12,599,000	14,486,000	10,406,000	10,546,000	11,053,000	20,231,000	20,573,000	16,194,000	16,462,000	13,678,000	10,301,000	8,489,000	7,016,000	10,190,000	9,317,000	10,134,000	10,757,000	9,110,000	6,387,000	4,036,000	3,649,000	2,093,000	2,346,000	6,339,000	2,072,000	3,127,000	1,532,000	797,000	587,000	932,000	855,000	706,000	711,000	332,000	486,000	459,000	529,000	631,000	762,000	2,139,000	2,059,000	2,586,000	1,935,000	1,327,000	223,000	630,000	816,000	1,234,000	1,181,000	768,000	1,061,000	-11,023,000	6,545,000	5,780,000	5,363,000	4,227,000	4,418,000	3,908,000
depreciation and amortization	-2,635,000	-1,491,000
other	-16,238,000	-14,321,000	-8,874,000	-8,569,000	-11,139,000	-7,202,000	-7,579,000	-9,491,000	7,591,000	6,013,000	6,900,000	6,236,000	6,314,000	6,440,000	6,953,000	14,693,000	6,112,000	5,128,000	5,972,000	4,968,000	17,571,000	90,000	67,000	91,000	100,000	108,000	109,000	69,000	63,000	51,000	41,000	45,000	41,000	34,000	43,000	101,000	45,000	36,000	60,000	92,000	35,000	10,000	10,000	32,000	21,000	51,000	37,000	237,000	28,000	33,000	84,000	111,000	278,000	323,000	206,000	202,000	357,000	241,000	452,000	322,000	439,000	451,000	343,000	26,000	288,000	325,000	252,000
total operating expenses	-129,631,000	-108,333,000	-82,174,000	-77,355,000	-77,599,000	-63,074,000	-61,475,000	-60,707,000	61,093,000	56,483,000	56,472,000	52,199,000
income before income taxes	46,220,000	32,479,000	40,146,000	40,868,000	39,867,000	37,286,000	28,603,000	32,821,000	30,705,000	31,758,000	32,013,000	34,082,000	29,782,000	39,316,000	42,540,000	37,634,000	62,955,000	57,878,000	46,943,000	51,797,000	31,389,000	48,263,000	28,092,000	6,647,000	1,940,000	16,498,000	7,432,000	5,893,000	23,529,000	-16,049,000	577,000	-4,575,000	-20,881,000	-14,490,000	-13,224,000	1,345,000	-4,305,000	-13,731,000	930,000	4,750,000	-175,000	-474,000	2,836,000	1,348,000	-2,853,000	-4,906,000	-10,505,000	-9,041,000
income tax expense	-11,611,000	-7,891,000	-9,856,000	-9,746,000	-8,896,000	-8,097,000	-4,476,000	-7,002,000	-4,432,000	-6,785,000	-7,199,000		-6,092,000	-6,946,000	-8,743,000		-13,116,000	-10,781,000	-10,117,000	-7,770,000	-4,758,000	-9,456,000	-4,975,000					-238,000				-144,000				-618,000			-657,000				-1,440,000		-898,750	-940,000	-673,000	-1,982,000					-3,972,000	-5,353,000	-589,000	-340,000	912,000	-42,000	-1,788,000	-2,312,000
net income	34,609,000	24,588,000	30,290,000	31,122,000	30,971,000	29,189,000	24,127,000	25,819,000	26,273,000	24,973,000	24,814,000	25,894,000	23,690,000	32,370,000	33,797,000	44,755,000	49,839,000	47,097,000	36,826,000	44,027,000	26,631,000	38,807,000	23,117,000	5,362,000	2,353,000	13,020,000	5,182,000	5,655,000	22,926,000	-16,170,000	5,575,000	-4,719,000	-18,350,000	-14,468,000	-8,781,000	727,000	-2,101,000	-9,065,000	273,000	4,552,000	-2,085,000	429,000	1,396,000	1,966,000	35,374,000	-5,846,000	-11,178,000	-11,023,000	3,997,000	-8,885,000	-9,790,000	-2,987,000	1,670,000	32,924,000	-5,956,000	-4,506,000	3,131,000	1,422,000	100,758,000	29,753,000	-25,531,000	1,325,000	-29,609,000	-41,130,000	-51,420,000	-238,633,000	-146,191,000
yoy	11.75%	-15.76%	25.54%	20.54%	17.88%	16.88%	-2.77%	-0.29%	10.90%	-22.85%	-26.58%	-42.14%	-52.47%	-31.27%	-8.23%	1.65%	87.15%	21.36%	59.30%	721.09%	1031.79%	198.06%	346.10%	-5.18%	-89.74%	-180.52%	-7.05%	-219.83%	-224.94%	11.76%	-163.49%	-749.11%	773.39%	59.60%	-3316.48%	-84.03%	0.77%	-2213.05%	-80.44%	131.54%	-105.89%	-107.34%	-112.49%	-117.84%	785.01%	-34.20%	14.18%	269.03%	139.34%	-126.99%	64.37%	-33.71%	-46.66%	2215.33%	-105.91%	-115.14%	-112.26%	7.32%	-440.30%	-172.34%	-50.35%	-100.56%	-79.75%
qoq	40.76%	-18.82%	-2.67%	0.49%	6.11%	20.98%	-6.55%	-1.73%	5.21%	0.64%	-4.17%	9.30%	-26.81%	-4.22%	-24.48%	-10.20%	5.82%	27.89%	-16.36%	65.32%	-31.38%	67.87%	331.13%	127.88%	-81.93%	151.25%	-8.36%	-75.33%	-241.78%	-390.04%	-218.14%	-74.28%	26.83%	64.76%	-1307.84%	-134.60%	-76.82%	-3420.51%	-94.00%	-318.32%	-586.01%	-69.27%	-28.99%	-94.44%	-705.10%	-47.70%	1.41%	-375.78%	-144.99%	-9.24%	227.75%	-278.86%	-94.93%	-652.79%	32.18%	-243.92%	120.18%	-98.59%	238.65%	-216.54%	-2026.87%	-104.47%	-28.01%	-20.01%	-78.45%	63.23%
net income margin %	Infinity%	Infinity%	Infinity%	Infinity%	12.93%	8.31%	7.63%	8.88%	8.50%	8.47%	8.53%	9.92%	8.80%	11.65%	12.52%	19.47%	22.94%	23.09%	20.22%	30.42%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	-Infinity%	Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	Infinity%	-Infinity%	-Infinity%	Infinity%	Infinity%	-Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	-Infinity%	-Infinity%	-Infinity%	Infinity%	-Infinity%	-Infinity%	-Infinity%	Infinity%	Infinity%	-Infinity%	-Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	-Infinity%	Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%
net loss attributable to noncontrolling interests	525,000	389,000	283,000	398,000	332,000	354,000	153,000	351,000	31,000	267,000	275,000	318,000	301,000	201,000	228,000	255,000	138,000	-123,000	50,000	48,000	44,000	48,000	48,000	63,000
net income attributable to controlling interests	35,134,000	24,977,000	30,573,000	31,520,000	31,303,000	29,543,000	24,280,000	26,170,000	26,304,000	25,240,000	25,089,000	26,212,000	23,991,000	32,571,000	34,025,000	45,010,000	49,977,000	46,974,000	36,876,000	44,075,000	26,675,000	38,855,000	23,165,000	5,425,000	2,409,000	13,077,000	5,244,000	5,713,000	22,988,000	-16,092,000	5,630,000	-4,670,000	-18,258,000	-14,467,000	-8,784,000	728,000	-2,100,000	-9,065,000	277,000	4,553,000	-2,084,000	433,000	1,397,000	1,967,000	35,375,000	-5,846,000	-11,178,000	-11,174,000	4,000,000	-8,884,000	-9,849,000	-3,008,000	1,417,000	33,211,000	-5,745,000	-4,432,000	3,097,000	1,699,000	100,766,000	28,455,000	-27,525,000	1,761,000	-28,959,000	-42,781,000	-54,617,000	-239,411,000	-134,344,000
preferred stock and preferred unit dividends and discount accretion	-2,305,000	-2,307,000	-2,222,000	-3,574,000	-5,012,000	-6,316,000	-6,308,000	-6,292,000
net income attributable to common shareholders	32,829,000	22,670,000	28,351,000	27,946,000	26,291,000	23,227,000	17,972,000	19,878,000	19,963,000	18,899,000	18,800,000	19,985,000	17,674,000	26,275,000	27,768,000	38,804,000	43,668,000	40,345,000	32,138,000	39,388,000	21,888,000	34,067,000	18,429,000	2,666,000
net income attributable to common shareholders per common share—basic	2,180	1,500	1,870	1,850	1,770	1,580	1,220	1,350	1,360	1,300	1,300	1,380	1,230	1,810	1,880	2,620	2,910	2,670	2,120	2,620	1,510	2,350	1,280	180
net income attributable to common shareholders per common share—diluted	1,750	1,210	1,510	1,490	1,420	1,270	990	1,090	1,100	1,030	1,020	1,080	980	1,410	1,460	1,960	2,130	1,960	1,560	1,910	1,100	1,720	930	170
depreciation			-885,000	-797,000	-752,000	-656,000	-653,000	-654,000	652,000	647,000	643,000	618,000	545,000	488,000	549,000	593,000	593,000	268,000	320,000	312,000	315,000	327,000	320,000	285,000	281,000	284,000	283,000	289,000	289,000	234,000	235,000	229,000	232,000	236,000	243,000	310,000									15,530,000	11,285,000	16,573,000	25,708,000	12,066,000	5,108,000	418,000	373,000	448,000	1,518,000	393,000	472,000	450,000	539,000	1,785,000	2,219,000	1,477,000	3,371,000	3,624,000	3,492,000	3,938,000	4,520,000	5,314,000
revenue:
total operating revenue					239,192,250	350,954,000	315,641,000	290,174,000	308,600,000	294,913,000	290,751,000	260,982,000	268,664,000	277,874,000	269,796,000	229,770,000	216,524,000	203,917,000	179,519,000	143,895,000
other non-operating revenue					296,000	270,000	382,000	532,000	490,000	-6,000	87,000	59,000	429,000	80,000	239,000	61,000	743,000	32,000	2,586,000	840,000
total revenue					239,488,250	351,224,000	316,023,000	290,706,000	309,090,000	294,907,000	290,838,000	261,041,000	269,093,000	277,954,000	270,035,000	229,831,000	217,267,000	203,949,000	182,105,000	144,735,000
yoy					-22.52%	19.10%	8.66%	11.36%	14.86%	6.10%	7.70%	13.58%	23.85%	36.29%	48.29%	58.79%
qoq					-31.81%	11.14%	8.71%	-5.95%	4.81%	1.40%	11.41%	-2.99%	-3.19%	2.93%	17.49%	5.78%	6.53%	12.00%	25.82%
provision for losses on loans, interest and fees receivable recorded at amortized cost									-387,750	-538,000	-309,000	-704,000
changes in fair value of loans, interest and fees receivable recorded at fair value									-126,376,250	-177,854,000	-177,829,000	-149,822,000									-17,444,750	-29,081,000	-25,211,000
preferred dividends and discount accretion									-4,714,250	-6,341,000	-6,289,000	-6,227,000	-6,317,000	-6,296,000	-6,257,000	-6,206,000	-6,309,000	-6,629,000	-4,738,000	-4,687,000
income tax benefit												-8,188,000				7,121,000								-1,285,000	413,000	-3,478,000	-2,250,000		-603,000	-121,000	4,998,000		2,531,000	22,000	4,443,000		2,204,000	4,666,000		-198,000	-1,910,000	903,000		618,000					7,465,000	-1,443,000	-462,000	-446,000	5,218,000	3,936,000			2,020,000	-619,000	-850,000	-274,000	3,624,000	-600,000	-41,000	-1,059,000	54,725,000	2,791,000	59,951,000
provision for losses on loans, interest and fees receivable recorded at net realizable value													-177,500	-381,000	-182,000	-147,000	-11,986,000	-9,238,000	-11,096,000	-4,135,000	-25,825,000	-17,028,000	-32,530,000	-67,336,000
changes in fair value of loans, interest and fees receivable and notes payable associated with structured financings recorded at fair value													-162,206,000	-163,624,000	-146,559,000	-104,680,000	-73,752,000	-58,727,000	-58,763,000	-27,491,000
operating expense:
total operating expense													52,561,000	53,119,000	61,829,000	69,960,000	52,905,000	49,552,000	46,065,000	41,207,000
loss on repurchase and redemption of convertible senior notes																		16,184,000
loss on repurchase of convertible senior notes																			5,448,000	-7,807,000
interest income:
total interest income																					76,725,500	103,642,000	100,113,000	103,147,000	84,978,000	70,581,000	55,200,000	50,459,000	45,706,000	41,952,000	37,784,000	35,726,000	33,072,000	29,019,000	26,656,000	25,960,000	24,771,000	24,089,000	21,522,000	18,240,000	18,690,000	16,873,000	16,879,000	17,475,000	17,526,000	18,532,000	17,424,000	20,194,000	14,813,000	18,008,000	16,765,000	19,935,000	18,042,000	20,377,000	24,113,000	26,288,000	31,133,000	36,043,000	39,307,000	42,946,000	49,039,000	61,060,000	69,522,000	84,214,000	19,096,000	18,312,000	19,219,000
net interest income before fees and related income on earning assets and provision for losses on loans, interest and fees receivable																					67,097,000	90,964,000	87,861,000	89,563,000
net losses upon impairment of loans, interest and fees receivable recorded at fair value																					-982,750	-3,291,000	-374,000	-266,000
net interest income, fees and related income on earning assets																					45,366,250	77,420,000	62,308,000	41,737,000	-5,208,000	12,200,000	9,638,000	15,725,000	8,973,000	7,452,000	20,947,000	16,005,000	-204,000	4,223,000	8,983,000	20,142,000	11,513,000	2,993,000	17,937,000	21,663,000	26,171,000	28,396,000	29,131,000	33,341,000	23,440,000	25,125,000	26,781,000	37,132,000	32,153,000	16,381,000	10,097,000	11,889,000	1,332,000	2,511,000	21,378,000	21,236,000	18,817,000	22,534,000	24,224,000	50,592,000	-13,780,000	57,573,000	40,706,000	20,061,000
other operating income:
servicing income																					404,750	527,000	488,000	604,000	369,000	356,000	375,000	686,000	323,000	382,000	632,000	632,000	870,000	1,034,000	861,000	1,089,000	774,000	885,000	981,000	1,447,000	930,000	1,124,000	1,390,000	1,560,000	1,378,000	1,058,000	1,234,000	1,240,000	1,300,000	1,713,000	2,604,000	2,601,000	12,999,000	1,002,000	968,000	1,264,000	688,000	767,000	860,000	966,000	1,433,000	1,621,000	1,807,000	2,019,000	12,108,000	21,999,000	31,470,000
other income																					2,184,750	4,195,000	2,422,000	2,122,000	42,003,000	30,486,000	28,570,000	16,844,000	37,635,000	898,000	771,000	516,000	480,000	590,000	240,000	109,000	106,000	69,000	75,000	70,000	118,000	76,000	92,000	267,000	74,000	689,000	254,000	1,067,000	-127,000	1,069,000	316,000	2,136,000
gain on repurchase of convertible senior notes																										5,127,000											114,000		1,037,000																		38,000	138,000	201,000	268,000	413,000	5,681,000	8,797,000	13,896,000	1,261,000
equity in income of equity-method investee																					88,750	342,000	79,000	-66,000	265,000	284,000					531,000	9,000	256,000	164,000	404,000	334,000	194,000	629,000	325,000	1,002,000
total other operating income																					2,678,250	5,064,000	2,989,000	2,660,000	42,637,000	36,253,000	29,170,000	17,757,000	38,048,000	1,231,000	1,934,000	1,157,000	1,606,000	1,788,000	1,505,000	1,532,000	1,188,000	1,583,000	2,418,000	2,519,000	1,615,000	1,631,000	2,189,000	2,902,000	15,320,000	3,683,000	2,329,000	4,713,000	2,266,000	4,862,000	3,877,000	9,044,000	12,841,000	1,928,000	5,920,000	9,225,000	6,587,000	9,894,000	7,347,000	22,659,000	5,538,000	8,658,000	3,976,000	18,866,000	-4,601,000	-192,559,000	-111,832,000
other operating expense:
total other operating expense																					27,294,000	34,221,000	37,205,000	37,750,000	35,489,000	31,955,000	31,376,000	27,589,000	23,492,000	24,732,000	22,304,000	21,737,000	22,283,000	20,501,000	23,712,000	20,329,000	17,006,000	18,307,000	19,425,000	19,432,000	27,961,000	30,501,000	28,484,000	34,895,000	41,613,000	33,714,000	39,615,000	50,886,000	37,887,000	28,685,000	23,302,000	23,474,000	21,511,000	20,249,000	32,665,000	34,627,000	30,269,000	32,397,000	34,389,000	48,256,000	40,178,000	64,306,000	74,250,000	78,998,000	110,277,000	99,890,000	121,495,000
preferred dividends																					-3,070,750	-4,788,000	-4,736,000	-2,759,000
net interest income before fees and related income on earning assets and benefit from losses on loans, interest and fees receivable																									34,995,250	57,482,000	43,186,000	39,313,000
net incomees upon impairment of loans, interest and fees receivable recorded at fair value																									-178,750	-190,000		-254,000
benefit from losses on loans, interest and fees receivable recorded at net realizable value																									-37,134,750	-65,527,000	-48,414,000	-34,598,000
net income attributable to noncontrolling interests																									44,250	57,000	62,000	58,000				49,000				1,000	1,000		4,000	1,000								-151,000												-1,298,000
net income attributable to controlling interests per common share—basic																									412.5	900	360	400	1,650	-1,160	410	-340	-1,320	-1,040	-630	50	-150	-650	20	330	-150	30	100	140	2,520	-420	-800	-790	290	-650	-710	-220	180	1,720	-260	-200	360	80	4,450	800	-750	50	-730	-890	-1,140	-5,020	-2,810
net income attributable to controlling interests per common share—diluted																									397.5	830	350	390	1,650	-1,160	410	-340	-1,320	-1,040	-630	50	-150	-650	20	330	-150	30	100	140	2,520	-420	-800	-790	290	-650	-710	-220	170	1,720	-260	-200	360	80	4,430	790	-750	50	-730	-890	-1,140	-5,020	-2,810
net (losses upon) recovery of impairment of loans, interest and fees receivable recorded at fair value																											-271,000
equity in income of equity-method investees																											225,000	227,000	90,000	-49,000											567,000	431,000	707,000	1,075,000	1,800,000	1,936,000	841,000	2,406,000	1,093,000	2,080,000	957,000	4,307,000	-624,000	356,000	3,539,000	6,017,000	3,900,000	6,630,000	3,823,000	18,304,000					-4,696,000	-2,170,000	-7,833,000
net interest income before fees and related income on earning assets and benefit from losses on loans and fees receivable																													22,305,250	32,671,000	28,977,000	27,573,000	24,876,000	21,751,000	20,237,000	20,143,000	19,257,000	18,832,000	16,730,000	13,596,000	14,099,000	12,220,000	12,350,000	12,918,000	11,925,000	12,426,000	11,266,000	14,007,000	8,578,000	12,009,000	10,899,000	14,163,000	12,500,000	12,971,000	16,684,000	15,391,000	20,608,000	25,895,000	27,952,000	30,995,000	35,842,000	49,461,000	53,320,000
net recovery of (losses upon) charge off of loans and fees receivable recorded at fair value																													-599,000	-1,957,000	1,352,000
benefit from losses on loans and fees receivable recorded at net realizable value																													-16,316,250	-32,798,000	-16,476,000	-15,991,000	-27,128,000	-24,087,000	-15,744,000	-10,653,000	-20,709,000	-17,470,000	-10,811,000	-4,731,000	-8,603,000	-8,876,000	-5,961,000	-3,168,000	-8,102,000	-8,120,000	-6,731,000	-7,875,000	-9,045,000	-10,681,000	-6,670,000	-3,282,000	-2,942,000	-5,373,000	-7,437,000	-2,881,000	-2,671,000	-1,234,000	82,000	-3,963,000	6,846,000	-17,522,000
net (income) loss attributable to noncontrolling interests																													45,500	78,000			-250	1,000	-3,000																													-1,651,000	3,414,500	-778,000
net income (income) attributable to noncontrolling interests																															55,000										1,000	4,000	1,000	1,000	-37,750																-141,250	436,000	650,000				11,847,000
(losses upon) net recovery of charge off of loans and fees receivable recorded at fair value																																-1,791,000
net recovery of charge off of loans and fees receivable recorded at fair value																																	-1,303,000	2,393,000	519,000	7,851,000	9,489,000	1,556,000	6,140,000	4,911,000
depreciation, primarily related to rental merchandise																																					428,000	794,000	2,099,000	4,156,000	7,599,000	10,372,000	9,961,000	12,846,000
net recovery of (losses upon) charge off of loans and fees receivable recorded at fair value, net of recoveries																																									10,140,000	8,375,000	9,991,000
losses upon charge off of loans and fees receivable recorded at fair value, net of recoveries																																												10,372,000	6,537,000	150,000	50,000	-1,885,000	-1,082,000	-3,329,000	-4,351,000	-5,798,000
loss on continuing operations before income taxes																																																	-3,468,000	-7,442,000	-9,328,000	-2,541,000
loss on continuing operations																																																	3,997,000	-8,885,000	-9,790,000	-2,987,000
discontinued operations:
income from discontinued operations before income taxes																																																					7,762,000	50,151,000			5,064,000	2,052,000	106,214,000	7,344,000							-6,750,000
income from discontinued operations																																																					3,790,000	44,798,000			5,976,000	2,010,000	104,426,000	5,032,000							-4,387,000
net income (income) attributable to noncontrolling interests in continuing operations																																																	3,000	1,000
loss on continuing operations attributable to controlling interests per common share—basic																																																	290	-650	-710	-220
loss on continuing operations attributable to controlling interests per common share—diluted																																																	290	-650	-710	-220
income from discontinued operations attributable to controlling interests per common share—basic																																																					420	2,320			430	90	4,610	110							-90
income from discontinued operations attributable to controlling interests per common share—diluted																																																					410	2,320			440	90	4,590	110							-90
net (income) loss attributable to noncontrolling interests in continuing operations																																																			-59,000	-21,000
losses upon charge off of loans and fees receivable recorded at fair value																																																					-8,435,000	-8,790,000	-17,021,000	-55,628,000	-22,271,000	-28,019,000	-36,342,000	-52,848,000	-73,194,000	-86,971,000
ancillary and interchange revenues																																																					505,250	570,000	1,413,000	1,944,000	1,957,000	2,359,000	2,463,000	2,502,000	2,233,000	2,728,000	2,763,000	3,231,000	2,662,000	4,028,000	5,229,000
gain on buy-out of equity-method investee members																																																									4,000			619,000							20,990,000
(loss on) income from continuing operations before income taxes																																																					-9,123,250	-15,810,000	-5,367,000	-4,166,000
(loss on) income from continuing operations																																																					-6,525,500	-11,874,000	-5,956,000	-4,506,000	4,721,500	-588,000
(loss on) income from continuing operations attributable to controlling interests per common share—basic																																																					-302.5	-600	-260	-200	175	-10
(loss on) income from continuing operations attributable to controlling interests per common share—diluted																																																					-302.5	-600	-260	-200	175	-10
income from (loss on) continuing operations before income taxes																																																									-4,865,000	31,000
net																																																									-253,250	277,000
income from continuing operations before income taxes																																																											-2,818,000	24,995,000	-48,420,000	1,925,000	-29,568,000	-40,071,000	-106,145,000	-241,424,000	-201,755,000
income from continuing operations																																																											-3,668,000	24,721,000	-44,796,000	1,325,000	-29,609,000	-41,130,000	-51,420,000	-238,633,000	-141,804,000
income from continuing operations attributable to controlling interests per common share—basic																																																											-160	690	-1,150	50	-730	-890	-1,140	-5,020	-2,720
income from continuing operations attributable to controlling interests per common share—diluted																																																											-160	680	-1,150	50	-730	-890	-1,140	-5,020	-2,720
loss on securitized earning assets																																																																			-161,688,000
equity in loss of equity-method investees																																																													1,459,000	-1,372,000	-9,391,000	-280,000
goodwill impairment																																																																			20,000,000
loss on discontinued operations before income taxes
loss on discontinued operations
loss on discontinued operations attributable to controlling interests per common share—basic
loss on discontinued operations attributable to controlling interests per common share—diluted
benefit from losses on loans and fees receivable																																																															-167,213,000
net interest income before fees and related income on earning assets and benefit from loan losses																																																																66,581,000
benefit from loan losses																																																																-173,414,000	-46,829,000	-16,712,000	-18,555,000
net interest income before fees and related income on non-securitized earning assets and benefit from loan losses																																																																	6,705,000	8,847,000	9,201,000
fees and related income on non-securitized earning assets																																																																	48,857,000	58,890,000	40,926,000
net interest income, fees and related income on non-securitized earning assets																																																																	8,733,000	51,025,000	31,572,000
gain on securitized earning assets																																																																	-132,532,500	-216,416,000

Balance Sheets:

Quarterly

Annual

Unit: USD	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30

assets
unrestricted cash and cash equivalents	621,093,000	425,023,000	329,421,000	350,390,000	375,416,000	308,651,000	350,907,000	444,809,000	339,338,000	355,707,000	342,616,000	389,835,000	384,984,000	352,908,000	316,331,000	373,468,000	409,660,000	166,966,000	265,869,000	203,050,000	178,102,000	149,194,000	139,179,000	177,311,000	135,379,000	42,589,000	63,197,000	101,049,000	60,968,000	29,296,000	49,604,000	35,414,000	41,484,000	68,582,000	74,475,000	78,309,000	76,052,000	58,720,000	30,446,000	48,855,000	51,033,000	38,236,000	46,328,000	31,395,000	39,925,000	38,187,000	32,921,000	47,133,000	50,873,000	59,834,000	60,957,000	71,308,000	67,915,000	47,925,000	51,282,000	145,305,000	144,913,000	105,996,000	126,555,000	106,521,000
restricted cash and cash equivalents	146,314,000	100,914,000	153,814,000	111,059,000	124,220,000	76,058,000	56,256,000	37,494,000	44,315,000	44,315,000	51,791,000	44,677,000	48,208,000	33,783,000	49,989,000	32,009,000	96,968,000	47,808,000	67,884,000	40,477,000	80,859,000	27,681,000	38,864,000	25,590,000	41,015,000	69,524,000	81,897,000	65,184,000	80,786,000	30,109,000	28,869,000	31,240,000	29,174,000	28,659,000	28,851,000	16,234,000	16,589,000	17,229,000	16,883,000	18,180,000	20,547,000	21,470,000	16,859,000	17,682,000	22,741,000	22,875,000	19,093,000	23,454,000	18,871,000	18,951,000	15,017,000	13,969,000	12,921,000	12,930,000	17,954,000	21,756,000	23,759,000	25,161,000	29,240,000	40,276,000
loans at fair value	6,647,882,000	6,350,009,000	3,004,724,000	2,668,503,000	2,630,274,000	2,511,619,000	2,277,379,000	2,150,636,000	2,173,759,000
loans at amortized cost	82,884,000	85,004,000	82,011,000	81,238,000	84,332,000	89,109,000	97,469,000	100,144,000	118,045,000
property at cost, net of depreciation	12,589,000	13,458,000	13,659,000	12,401,000	10,519,000	9,676,000	10,269,000	10,855,000	11,445,000	12,014,000	12,549,000	12,160,000	10,013,000	7,004,000	6,794,000	6,819,000	7,335,000	984,000	1,704,000	2,002,000	2,240,000	2,551,000	2,848,000	2,552,000	2,738,000	2,964,000	3,147,000	3,385,000	3,625,000	2,724,000	2,908,000	3,021,000	3,229,000	3,296,000	3,382,000	3,568,000	3,829,000	4,049,000	4,319,000	4,948,000	5,686,000	6,143,000	6,472,000	6,799,000	7,036,000	10,050,000	10,636,000	10,232,000	8,937,000	8,017,000	7,725,000	7,054,000	7,192,000	7,363,000	8,375,000	8,343,000	8,098,000	7,561,000	7,869,000	10,431,000	15,893,000	23,397,000	25,532,000	28,242,000	32,263,000	35,439,000	39,292,000
intangible assets	30,268,000	31,889,000
operating lease right-of-use assets	15,104,000	15,564,000	13,696,000	13,844,000	13,878,000	11,040,000	11,111,000	11,313,000	11,310,000	11,344,000	11,373,000	11,614,000	11,782,000	12,047,000	12,264,000	2,592,000	4,016,000	5,447,000	6,970,000	8,011,000	9,181,000	10,376,000	11,742,000	12,999,000	14,091,000	15,137,000	16,275,000	17,013,000
prepaid expenses and other assets	66,954,000	57,871,000	45,850,000	34,730,000	32,068,000	33,811,000	33,870,000	31,964,000	27,853,000	25,640,000	25,818,000	27,997,000	27,417,000	29,414,000	28,019,000	18,558,000	15,649,000	14,292,000	10,824,000	10,219,000	15,180,000	11,125,000	11,675,000	14,964,000	15,023,000	14,785,000	12,824,000	11,922,000	10,087,000	16,113,000	15,615,000	43,684,000	42,149,000	39,636,000	23,065,000	20,129,000	20,831,000	20,578,000	20,475,000	19,958,000	19,194,000	19,593,000	17,324,000	16,391,000	7,997,000	10,135,000	14,099,000	15,035,000	10,243,000	14,533,000	13,560,000	12,457,000	14,647,000	18,273,000	10,135,000	11,402,000	11,317,000	10,218,000	8,575,000	19,082,000	16,591,000	26,097,000	25,107,000	24,374,000	32,554,000	41,420,000	43,870,000
total assets	7,623,088,000	7,079,732,000	3,643,175,000	3,272,165,000	3,270,707,000	3,039,964,000	2,837,261,000	2,787,215,000	2,706,445,000	2,596,901,000	2,454,702,000	2,375,295,000	2,387,814,000	2,252,331,000	2,116,454,000	1,921,637,000	1,943,863,000	1,482,944,000	1,419,851,000	1,199,495,000	1,207,214,000	1,040,575,000	944,249,000	971,884,000	936,266,000	791,947,000	710,358,000	636,234,000	582,608,000	461,009,000	458,744,000	432,912,000	425,613,000	429,067,000	399,647,000	371,123,000	363,989,000	335,830,000	300,308,000	279,315,000	280,729,000	271,016,000	271,932,000	249,769,000	268,355,000	302,395,000	299,252,000	337,930,000	352,235,000	356,940,000	351,430,000	369,109,000	380,426,000	406,612,000	495,293,000	595,360,000	647,907,000	710,838,000	755,884,000	907,387,000	880,909,000	1,011,927,000	1,116,866,000	1,407,903,000	748,832,000	729,472,000	1,106,355,000
liabilities
accounts payable and accrued expenses	284,514,000	253,081,000	112,791,000	81,108,000	72,088,000	59,563,000	70,579,000	59,173,000	61,634,000	48,170,000	47,468,000	42,006,000	44,332,000	43,490,000	46,971,000	50,905,000	42,287,000	38,627,000	38,656,000	41,153,000	41,731,000	33,987,000	34,169,000	36,198,000	41,617,000	73,614,000	86,309,000	108,837,000	105,765,000	107,254,000	109,668,000	114,709,000	115,737,000	114,883,000	112,400,000	91,027,000	86,768,000	76,309,000	60,544,000	57,621,000	51,722,000	44,688,000	40,401,000	36,348,000	39,968,000	32,730,000	36,369,000	41,595,000	48,625,000	43,131,000	34,726,000	31,718,000	38,596,000	37,173,000	42,793,000	42,275,000	46,135,000	58,246,000	40,004,000	46,419,000	50,861,000	62,594,000	69,268,000	70,642,000	67,295,000	83,601,000	96,900,000
operating lease liabilities	25,283,000	25,924,000	23,981,000	24,145,000	24,188,000	19,446,000	19,679,000	20,034,000	20,180,000	20,363,000	20,543,000	20,363,000	20,112,000	19,959,000	19,764,000	2,457,000	4,842,000	7,231,000	9,712,000	11,697,000	13,776,000	15,881,000	18,159,000	20,304,000	22,259,000	24,169,000	26,171,000	27,742,000
notes payable	5,818,761,000	5,332,680,000	2,466,059,000	2,174,632,000	2,199,448,000	2,016,655,000	1,879,071,000	1,862,518,000	1,861,685,000	1,788,098,000	1,665,246,000	1,614,575,000	1,653,306,000	1,544,108,000	1,429,340,000	1,268,821,000	1,278,864,000	995,322,000	966,566,000	839,251,000	882,610,000
senior notes	698,562,000	702,376,000	308,339,000	299,656,000	281,552,000	269,649,000	199,496,000	199,028,000	144,453,000	144,352,000	144,316,000	144,743,000	144,385,000	144,027,000	143,668,000	143,310,000	142,951,000
income tax liability	152,138,000	140,862,000	132,827,000	123,775,000	114,068,000	105,214,000	97,128,000	92,870,000	85,826,000	81,176,000	75,640,000	68,845,000	60,689,000	54,603,000	47,694,000	43,100,000	47,770,000	38,016,000	37,211,000	33,566,000	25,932,000	21,690,000	11,769,000	6,991,000	5,785,000	5,981,000	2,504,000	300,000	252,000		4,454,000	9,465,000	9,132,000	11,059,000	11,729,000	16,207,000	15,769,000	17,819,000	22,490,000	22,276,000	22,303,000	20,614,000	21,594,000	20,736,000	20,933,000	58,700,000	57,788,000	57,122,000	55,255,000	62,706,000	61,036,000	60,607,000	60,434,000	61,683,000	60,239,000	59,687,000	59,368,000	62,955,000	62,884,000	60,787,000	60,411,000	63,804,000	63,123,000	66,980,000
total liabilities	6,979,258,000	6,454,923,000	3,043,997,000	2,703,316,000	2,691,344,000	2,470,527,000	2,265,953,000	2,233,623,000	2,173,778,000	2,082,159,000	1,953,213,000	1,890,532,000	1,922,824,000	1,806,187,000	1,687,437,000	1,508,593,000	1,516,714,000	1,081,417,000	1,063,933,000	942,276,000	991,354,000	845,627,000	783,632,000	830,006,000	846,881,000	789,665,000	718,921,000	652,210,000	604,737,000	508,747,000	491,073,000	475,863,000	461,740,000	445,929,000	400,991,000	364,110,000	358,212,000	328,433,000	284,174,000	263,710,000	269,778,000	258,390,000	259,731,000	239,483,000	260,913,000	328,756,000	319,265,000	347,518,000	351,077,000	360,312,000	347,020,000	354,523,000	361,239,000	389,121,000	429,091,000	522,687,000	571,579,000	631,331,000	677,155,000	816,461,000	819,092,000	925,126,000	1,035,736,000	1,212,683,000	541,111,000	475,329,000	613,417,000
commitments and contingencies
preferred stock, no par value, 10,000,000 shares authorized:
series a preferred stock, 400,000 shares issued and outstanding	40,000,000	40,000,000	40,000,000	40,000,000	40,000,000	40,000,000	40,000,000	40,000,000
class b preferred units issued to noncontrolling interests					50,000,000	74,975,000	100,400,000	100,325,000	100,250,000	100,175,000	100,100,000	100,025,000	99,950,000	99,875,000	99,800,000	99,725,000	99,650,000	99,575,000	99,500,000	99,425,000	99,350,000	99,275,000	99,200,000	99,125,000	49,050,000
shareholders' equity
series b preferred stock, no par value, 3,584,131 shares issued and outstanding at december 31, 2025
common stock
paid-in capital	102,276,000	115,749,000	112,399,000	110,138,000	98,278,000	89,386,000	88,705,000	88,883,000	87,415,000	95,838,000	107,633,000	115,796,000	121,996,000	127,025,000	142,343,000	160,242,000	227,763,000	252,438,000	254,001,000	192,207,000	194,950,000	200,744,000	205,295,000	209,748,000	212,692,000	214,030,000	215,111,000	214,891,000	213,435,000
retained earnings	506,424,000	473,595,000	450,925,000	422,574,000	394,628,000	368,337,000	345,110,000	327,138,000	307,260,000	280,956,000	255,716,000	230,627,000	204,415,000	180,424,000	147,853,000	113,828,000	60,236,000	10,259,000																																																	206,288,000
total shareholders’ equity attributable to atlanticus holdings corporation	608,700,000	589,344,000	563,324,000	532,712,000	492,906,000	457,723,000
noncontrolling interests	-4,870,000	-4,535,000	-4,146,000	-3,863,000	-3,543,000	-3,261,000	-2,907,000	-2,754,000	-2,258,000	-2,227,000	-1,960,000	-1,685,000	-1,371,000	-1,180,000	-979,000	-751,000	-500,000	-745,000	-868,000	-822,000	-774,000	-730,000	-682,000	-634,000	-571,000	-515,000	-458,000	-396,000	-338,000	-276,000	-198,000	-143,000	-94,000	-2,000	-1,000	-11,000	-10,000	-9,000	-9,000	-5,000	-8,000	-7,000	-3,000	-2,000	1,000	2,000			-6,000	-3,000	-2,000	-61,000	-108,000	-361,000	-74,000	137,000	211,000	349,000	626,000	11,691,000	18,979,000	17,316,000	18,057,000	18,936,000	18,404,000	15,875,000	15,115,000
total equity	603,830,000	584,809,000	559,178,000	528,849,000	489,363,000	454,462,000	430,908,000	413,267,000	392,417,000	374,567,000	361,389,000	344,738,000	325,040,000	306,269,000	289,217,000	273,319,000	287,499,000	261,952,000	216,418,000	117,794,000	76,510,000	55,673,000	21,417,000	2,753,000	335,000	2,282,000				-47,738,000	-32,329,000	-42,951,000	-36,127,000	-16,862,000	-1,344,000	7,013,000	5,777,000	7,397,000	16,134,000	15,605,000	10,951,000	12,626,000	12,201,000	10,286,000	7,442,000	-26,361,000	-20,013,000	-9,588,000	1,158,000	-3,372,000	4,410,000	14,586,000	19,187,000	17,491,000	66,202,000	72,673,000	76,328,000	79,507,000	78,729,000	90,926,000	61,817,000	86,801,000	81,130,000	195,220,000	207,721,000	254,143,000	492,938,000
total liabilities, shareholders' equity and temporary equity	7,623,088,000	7,079,732,000	3,643,175,000	3,272,165,000	3,270,707,000	3,039,964,000	2,837,261,000	2,787,215,000	2,706,445,000
series b preferred stock, no par value, 3,563,762 shares issued and outstanding at september 30, 2025
series b preferred stock, no par value, 3,457,443 shares issued and outstanding at june 30, 2025
series b preferred stock, no par value, 3,314,840 shares issued and outstanding at march 31, 2025
series b preferred stock, no par value, 3,301,179 shares issued and outstanding at december 31, 2024
series b preferred stock, no par value, 3,300,704 shares issued and outstanding at september 30, 2024
series b preferred stock, no par value, 3,300,704 shares issued and outstanding at june 30, 2024
total shareholders’ equity							433,815,000	416,021,000	394,675,000	376,794,000	363,349,000	346,423,000	326,411,000	307,449,000	290,196,000	274,070,000	287,999,000	262,697,000	217,286,000	118,616,000	77,284,000	56,403,000	22,099,000	3,387,000	906,000	2,797,000				-47,462,000	-32,131,000	-42,808,000	-36,033,000	-16,860,000	-1,343,000	7,024,000	5,787,000	7,406,000	16,143,000	15,610,000	10,959,000	12,633,000	12,204,000	10,288,000	7,441,000	-26,363,000	-20,013,000	-9,588,000	1,164,000	-3,369,000	4,412,000	14,647,000	19,295,000	17,852,000	66,276,000	72,536,000	76,117,000	79,158,000	78,103,000	79,235,000	42,838,000	69,485,000	63,073,000	176,284,000	189,317,000	238,268,000	477,823,000
series b preferred stock, no par value, 3,300,704 shares issued and outstanding at march 31, 2024
loans, interest and fees receivable:
allowances for credit losses									-1,759,000
deferred revenue									-17,861,000	-18,288,000	-18,863,000	-18,207,000	-16,190,000	-16,560,000	-16,738,000	-15,878,000	-29,281,000	-29,824,000	-31,344,000	-33,995,000	-39,456,000	-42,120,000	-50,610,000	-66,534,000	-90,307,000	-83,637,000	-65,662,000	-47,251,000	-43,897,000	-40,615,000	-36,839,000	-36,097,000	-36,956,000	-35,881,000	-31,352,000	-25,233,000	-23,639,000	-21,216,000																			1,005,000	1,073,000	1,140,000	1,298,000	1,413,000	1,529,000	1,644,000	1,760,000	1,875,000	1,991,000
net loans, interest and fees receivable									2,272,184,000	2,147,881,000	2,010,555,000	1,889,012,000	1,905,410,000	1,817,175,000	1,703,057,000	1,488,191,000	1,410,235,000	1,247,447,000	1,065,567,000	934,492,000	920,237,000	838,068,000	738,415,000	736,760,000	725,959,000	644,819,000	530,861,000	435,296,000	424,542,000
series a preferred stock, 400,000 shares issued and outstanding at december 31, 2023									40,000,000
series b preferred stock, no par value, 3,256,561 shares issued and outstanding at december 31, 2023 (liquidation preference - 81.4 million); 3,204,640 shares issued and outstanding at december 31, 2022
loans, interest and fees receivable, at fair value										2,049,993,000	1,916,063,000	1,795,589,000	1,817,976,000	1,728,091,000	1,616,875,000	1,405,765,000	1,026,424,000	846,160,000	644,739,000	481,434,000	417,098,000	310,784,000	177,886,000	89,394,000	4,386,000	4,525,000	4,904,000
loans, interest and fees receivable, gross										118,007,000	115,055,000	113,367,000	105,267,000	107,410,000	104,563,000	99,916,000	470,293,000	511,140,000	547,355,000	592,934,000	667,556,000	695,319,000	769,230,000	900,808,000	998,209,000	858,483,000	691,816,000	562,472,000	541,344,000
allowances for uncollectible loans, interest and fees receivable										-1,831,000	-1,700,000	-1,737,000	-1,643,000	-1,766,000	-1,643,000	-1,612,000	-57,201,000	-80,029,000	-95,183,000	-105,881,000	-124,961,000	-125,915,000	-158,091,000	-186,908,000	-186,329,000	-134,552,000	-100,197,000	-85,319,000	-79,211,000
series a preferred stock, 400,000 shares issued and outstanding at september 30, 2023										40,000,000
series b preferred stock, no par value, 3,256,561 shares issued and outstanding at september 30, 2023 (liquidation preference - 81.4 million); 3,204,640 shares issued and outstanding at december 31, 2022
total liabilities, preferred stock and equity										2,596,901,000	2,454,702,000	2,375,295,000	2,387,814,000	2,252,331,000	2,116,454,000	1,921,637,000	1,943,863,000
series a preferred stock, 400,000 shares issued and outstanding at june 30, 2023											40,000,000
series b preferred stock, no par value, 3,256,261 shares issued and outstanding at june 30, 2023 (liquidation preference - 81.4 million); 3,204,640 shares issued and outstanding at december 31, 2022
series a preferred stock, 400,000 shares issued and outstanding at march 31, 2023												40,000,000
series b preferred stock, no par value, 3,254,161 shares issued and outstanding at march 31, 2023 (liquidation preference - 81.4 million); 3,204,640 shares issued and outstanding at december 31, 2022
series a preferred stock, 400,000 shares issued and outstanding at december 31, 2022													40,000,000
series b preferred stock, no par value, 3,204,640 shares issued and outstanding at december 31, 2022 (liquidation preference - 80.1 million); 3,188,533 shares issued and outstanding at december 31, 2021
series a preferred stock, 400,000 shares issued and outstanding at september 30, 2022														40,000,000
series b preferred stock, no par value, 3,193,262 shares issued and outstanding at september 30, 2022 (liquidation preference - 79.8 million); 3,188,533 shares issued and outstanding at december 31, 2021
series a preferred stock, 400,000 shares issued and outstanding at june 30, 2022															40,000,000
series b preferred stock, no par value, 3,188,533 shares issued and outstanding at june 30, 2022 (liquidation preference - 79.7 million); 3,188,533 shares issued and outstanding at december 31, 2021
series a preferred stock, 400,000 shares issued and outstanding at march 31, 2022																40,000,000
series b preferred stock, no par value, 3,188,533 shares issued and outstanding at march 31, 2022 (liquidation preference - 79.7 million); 3,188,533 shares issued and outstanding at december 31, 2021
investments in equity-method investee																			1,033,000	1,244,000	1,415,000	1,521,000	1,424,000	1,606,000	1,957,000	2,025,000
notes payable associated with structured financings, at fair value																		2,221,000	2,562,000	2,791,000	2,919,000	3,367,000	3,440,000	3,358,000	3,920,000	3,978,000	4,324,000	4,776,000	5,651,000	6,220,000	6,797,000	7,909,000	9,240,000	9,769,000	10,031,000	11,131,000	12,276,000	14,367,000	15,626,000	18,069,000	20,970,000	23,225,000	28,685,000	32,294,000	36,511,000	69,657,000	75,509,000	85,849,000	94,523,000	106,394,000	113,613,000	129,550,000	140,127,000	167,521,000	182,750,000	202,470,000	241,755,000	277,793,000	304,260,000	399,256,000	370,544,000	451,141,000	516,510,000	650,670,000
convertible senior notes																			9,226,000	13,818,000	24,386,000	24,310,000	24,235,000	24,162,000	24,091,000	24,021,000	62,487,000	62,313,000	62,142,000	61,975,000	61,811,000	61,650,000	61,393,000	61,238,000	61,085,000	60,937,000	61,810,000	62,030,000	61,903,000	64,910,000	64,783,000	64,658,000	64,537,000	64,868,000	64,752,000	96,365,000	96,254,000	96,092,000	95,934,000	95,779,000	95,628,000	95,480,000	95,335,000	95,194,000	95,056,000	177,653,000	176,400,000	197,497,000	201,748,000	219,064,000	229,844,000	232,562,000	253,345,000	277,784,000	307,573,000	307,153,000	304,572,000
series a preferred stock, 400,000 shares issued and outstanding at december 31, 2021																	40,000,000
series b preferred stock, no par value, 3,188,533 shares issued and outstanding at december 31, 2021 and 0 shares issued and outstanding at december 31, 2020
series a preferred stock, 400,000 shares issued and outstanding at september 30, 2021																		40,000,000
series b preferred stock, no par value, 3,188,533 shares issued and outstanding at september 30, 2021 and 0 shares issued and outstanding at december 31, 2020
treasury stock																																																									-187,615,000	-185,941,000	-186,337,000	-194,355,000	-208,696,000	-209,736,000	-209,852,000	-213,830,000	-219,714,000	-220,375,000	-220,429,000
total liabilities, preferred stock and shareholders' equity																		1,482,944,000	1,419,851,000	1,199,495,000	1,207,214,000	1,040,575,000	944,249,000	971,884,000	936,266,000
series a preferred stock, 400,000 shares issued and outstanding at june 30, 2021																			40,000,000
series b preferred stock, no par value, 2,800,000 shares issued and outstanding at june 30, 2021 and 0 shares issued and outstanding at december 31, 2020
retained deficit																			-36,715,000	-73,591,000	-117,666,000	-144,341,000	-183,196,000	-206,361,000	-211,786,000	-214,195,000	-227,272,000	-232,516,000	-238,784,000	-261,772,000	-245,680,000	-251,310,000	-246,640,000	-228,382,000	-213,915,000	-205,131,000	-205,859,000	-203,759,000	-194,694,000	-194,971,000	-199,524,000	-197,440,000	-197,873,000	-199,270,000	-201,237,000	-236,612,000	-230,766,000	-219,588,000	-208,414,000	-212,414,000	-203,530,000	-193,681,000	-190,673,000	-192,090,000	-225,301,000	-219,556,000	-28,257,000	-31,354,000	-32,220,000	-134,885,000	-151,609,000	-123,504,000	-125,190,000	-96,072,000
series a preferred stock, 400,000 shares issued and outstanding at march 31, 2021																				40,000,000
series a preferred stock, 400,000 shares issued and outstanding at december 31, 2020																					40,000,000
accumulated other comprehensive income																										2,962,000	4,056,000	2,045,000	3,558,000		348,000
deposits																						59,000	102,000	102,000	104,000	104,000	104,000	125,000	124,000	488,000	283,000	272,000	252,000	306,000	305,000	305,000	505,000	530,000	538,000	620,000	825,000	987,000	981,000	1,026,000	1,589,000	2,014,000	2,402,000	1,923,000	1,908,000	6,311,000	16,197,000	16,410,000	16,397,000
notes payable, at face value																						746,392,000	691,860,000	738,993,000	749,209,000	617,902,000	497,126,000	408,242,000	390,927,000	293,298,000	268,343,000	242,130,000	226,238,000	208,980,000	165,746,000	144,808,000	141,589,000	117,908,000	103,611,000	80,834,000	90,000,000	85,205,000	84,514,000	65,237,000	78,749,000	71,304,000	53,345,000	66,860,000	56,740,000	52,302,000	42,017,000	37,168,000	22,670,000	20,184,000	38,600,000	23,600,000	23,765,000
series a preferred stock, 400,000 shares issued and outstanding at september 30, 2020																						40,000,000
series a preferred stock, 400,000 shares issued and outstanding at june 30, 2020																							40,000,000
series a preferred stock, 400,000 shares issued and outstanding at march 31, 2020																								40,000,000
notes payable to related parties																										40,000,000	40,000,000	40,000,000	40,000,000	40,000,000	40,000,000	40,000,000	40,000,000	40,000,000	40,000,000	40,000,000	40,000,000	40,000,000	20,000,000	20,000,000	20,000,000	20,000,000	20,000,000	20,000,000	20,000,000
series a preferred stock, 400,000 shares issued and outstanding at december 31, 2019																									40,000,000
equity
total liabilities and equity																										791,947,000				461,009,000	458,744,000	432,912,000	425,613,000	429,067,000	399,647,000	371,123,000	363,989,000	335,830,000	300,308,000	279,315,000	280,729,000	271,016,000	271,932,000	249,769,000	268,355,000	302,395,000	299,252,000	337,930,000	352,235,000	356,940,000	351,430,000	369,109,000	380,426,000	406,612,000	495,293,000	595,360,000	647,907,000	710,838,000	755,884,000	907,387,000	880,909,000	1,011,927,000	1,116,866,000	1,407,903,000	748,832,000	729,472,000	1,106,355,000
investments in equity-method investees																											2,053,000	2,260,000	2,476,000	2,852,000											10,123,000	11,317,000	12,901,000	14,437,000	15,833,000	31,402,000	32,397,000	35,182,000	35,134,000	36,282,000	38,636,000	36,584,000	37,756,000	41,914,000	45,189,000	46,919,000	49,862,000	53,189,000	53,253,000	56,287,000	8,279,000	8,099,000	11,092,000	22,137,000	13,517,000	19,152,000	22,002,000
total shareholders’ deficit																											-8,105,000	-15,580,000	-21,791,000
total deficit																											-8,563,000	-15,976,000	-22,129,000
total liabilities and deficit																											710,358,000	636,234,000	582,608,000
loans, interest and fees receivable, at fair value (including 4.8 million and 5.7 million associated with variable interest entities at march 31, 2019 and december 31, 2018, respectively																												5,394,000
interest income:
consumer loans, including past due fees																												50,390,000	160,968,000
other																												69,000	200,000
total interest income																												50,459,000	161,168,000
interest expense																												-11,146,000	-36,896,000
net interest income before fees and related income on earning assets and benefit from losses on loans, interest and fees receivable																												39,313,000	124,272,000
fees and related income on earning assets																												11,264,000	29,992,000
net incomees upon impairment of loans, interest and fees receivable recorded at fair value																												-254,000
benefit from losses on loans, interest and fees receivable recorded at net realizable value																												-34,598,000	-100,338,000
net interest income, fees and related income on earning assets																												15,725,000	53,377,000
other operating income:
servicing income																												686,000	1,969,000
other income																												16,844,000	39,820,000
equity in income of equity-method investees																												227,000	581,000
total other operating income																												17,757,000	42,370,000
other operating expense:
salaries and benefits																												6,591,000	23,430,000
card and loan servicing																												10,444,000	37,145,000
marketing and solicitation																												6,387,000	12,124,000
depreciation																												289,000	987,000
total other operating expense																												27,589,000	92,265,000
income before income taxes																												5,893,000	3,482,000
income tax expense																												-238,000
net income																												5,655,000	7,612,000
net income attributable to noncontrolling interests																												58,000	244,000
net income attributable to controlling interests																												5,713,000	7,856,000
net income attributable to controlling interests per common share—basic																												400	560
net income attributable to controlling interests per common share—diluted																												390	560
loans, interest and fees receivable, at fair value (including 5.6 million and 9.2 million associated with variable interest entities at december 31, 2018 and 2017, respectively																													6,306,000
net recovery of (losses upon) impairment of loans, interest and fees receivable recorded at fair value																													-549,000
income tax benefit																													4,130,000
loans and fees receivable:
loans and fees receivable, at fair value																														7,125,000	8,286,000	9,413,000	11,109,000	12,019,000	12,770,000	13,591,000	15,648,000	18,445,000	5,255,000	6,275,000	6,353,000	8,825,000	11,512,000	13,147,000	18,255,000	9,007,000	9,489,000	11,691,000	12,080,000	14,403,000	15,662,000	17,606,000	20,378,000	19,285,000	20,846,000	23,510,000	28,226,000	35,000,000	12,052,000	8,953,000	12,437,000	12,227,000	19,277,000	24,702,000	42,299,000
loans and fees receivable, gross																														480,891,000	441,413,000	400,727,000	393,898,000	359,823,000	323,922,000	297,768,000	290,697,000	264,327,000
allowances for uncollectible loans and fees receivable																														-68,258,000	-54,842,000	-58,323,000	-62,970,000	-52,118,000	-41,175,000	-39,541,000	-43,275,000	-34,643,000
net loans and fees receivable																														379,143,000	358,018,000	315,720,000	305,081,000	283,843,000	264,165,000	246,585,000	239,431,000	226,913,000
income tax asset																														284,000																																			32,695,000
additional paid-in capital																														212,808,000	213,201,000	213,025,000	212,785,000	212,618,000	212,572,000	212,155,000	211,646,000	211,165,000	210,837,000	210,881,000	211,083,000	210,944,000	210,762,000	210,626,000	210,519,000	211,339,000	211,020,000	210,642,000	210,315,000	210,307,000	210,468,000	210,768,000	211,122,000	211,037,000	293,472,000	293,407,000	294,246,000	297,636,000	297,620,000	412,223,000	408,751,000	406,626,000	405,084,000	491,824,000	500,064,000	524,338,000	522,053,000
accumulated other comprehensive loss																														1,502,000		-4,523,000	-2,178,000	-1,096,000						-300,000	-600,000	-871,000	-685,000	-1,068,000	-1,841,000	-1,090,000	-267,000	-642,000	-737,000	-1,262,000	-2,526,000	-2,440,000	-1,154,000	-1,095,000	-1,895,000	-1,315,000	-2,257,000	-1,183,000	-960,000	-3,748,000	-5,608,000	-3,901,000	-6,969,000	-5,638,000	-3,293,000	-32,572,000	-30,089,000
investment in equity-method investee																															3,447,000	3,561,000	4,244,000	4,745,000	5,404,000	5,993,000	6,725,000	7,683,000	8,351,000	9,525,000
rental merchandise, net of depreciation																																					27,000	128,000	588,000	1,832,000	4,666,000	9,230,000	12,006,000	10,357,000	14,177,000	12,268,000	11,082,000	22,052,000	28,849,000
loans and fees receivable																																							198,188,000	151,661,000	141,949,000	132,932,000	120,085,000	107,792,000	105,897,000	101,486,000	95,445,000	92,078,000	97,208,000	84,250,000	76,418,000	70,745,000	59,952,000	56,569,000	68,772,000	66,420,000	64,721,000	61,989,000	16,752,000	42,804,000	50,805,000	79,069,000	71,663,000	64,413,000	70,928,000	307,109,000	309,231,000
loans and fees receivable pledged as collateral under structured financings, at fair value																																							15,265,000	17,461,000	20,353,000	22,283,000	27,464,000	30,743,000	34,905,000	64,971,000	71,688,000	79,150,000	88,132,000	97,383,000	107,258,000	122,976,000	133,595,000	168,407,000	186,206,000	201,925,000	238,763,000	275,815,000	320,563,000	415,078,000	373,155,000	457,486,000	530,334,000	657,215,000
leased merchandise																																																		16,976,000
loans and fees receivable pledged as collateral under structured financings																																																					9,673,000	12,598,000	18,232,000	24,138,000	31,902,000	38,719,000	91,166,000	99,047,000	118,801,000	139,146,000	163,698,000	185,263,000	214,439,000
investments in previously charged-off receivables																																																							59,489,000	36,795,000	37,110,000	39,818,000	31,280,000	22,882,000	29,889,000	30,654,000	33,297,000	25,985,000	29,669,000	29,854,000	59,271,000
notes payable associated with structured financings, at face value																																																					4,077,000	7,366,000	9,653,000	17,002,000	23,151,000	30,959,000	64,604,000	80,910,000	96,905,000	113,496,000	131,846,000	144,847,000
investments in securities																																																						6,215,000	6,107,000	5,995,000	6,203,000	6,132,000	10,309,000	9,516,000	64,317,000	58,653,000	78,583,000	77,367,000	2,629,000	3,151,000	3,598,000
deferred costs																																																						2,100,000	2,706,000	2,852,000	3,033,000	2,551,000	2,718,000	2,937,000	3,151,000	3,358,000	3,672,000	4,073,000	4,432,000	5,202,000	5,509,000
note receivable from sale of investments in previously charged-off receivables segment																																																						13,033,000
intangibles																																																										66,000	133,000	2,312,000	2,378,000	2,495,000	2,599,000	2,698,000	2,816,000	3,030,000	3,344,000
assets held for sale																																																										48,623,000	45,419,000	71,261,000	80,259,000
liabilities related to assets held for sale																																																										2,808,000	2,515,000	8,727,000	9,114,000
cash and cash equivalents																																																													104,954,000	128,001,000	109,865,000	249,286,000	190,655,000	119,595,000	102,639,000
securitized earning assets																																																																	36,514,000	122,107,000	471,366,000
goodwill																																																														43,245,000	42,147,000	42,148,000	43,422,000	43,413,000	44,302,000
non-securitized earning assets, net:
notes payable and other borrowings																																																																	164,368,000	60,889,000	161,631,000
retained (deficit) earnings																																																																	-87,740,000	-33,123,000
current and deferred income tax liabilities																																																																		21,695,000	24,681,000
assets of discontinued operations																																																																			1,931,000
deferred revenue primarily from forward flow agreement																																																																			23,261,000
liabilities related to discontinued operations																																																																			2,372,000

Cashflow Statements:

Quarterly

Annual

Unit: USD	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30

operating activities
net income	34,609,000	24,588,000	30,290,000	31,122,000	30,971,000	29,189,000	24,127,000	25,819,000	26,273,000	24,973,000	24,814,000	25,894,000	23,690,000	32,370,000	33,797,000	44,755,000	49,839,000	47,097,000	36,826,000	44,027,000	26,631,000	38,807,000	23,117,000	5,362,000	2,353,000	13,020,000	5,182,000	5,655,000	22,926,000	-16,170,000	5,575,000	-4,719,000	-18,350,000	-14,468,000	-8,781,000	727,000	-2,101,000	-9,065,000	273,000	4,552,000	-2,085,000	429,000	1,396,000	1,966,000	35,374,000	-5,846,000	-11,178,000	-11,023,000	3,997,000	-8,885,000	-9,790,000	-2,987,000	1,670,000	32,924,000	-5,956,000	-4,506,000	3,131,000	1,422,000	100,758,000	29,753,000	-25,531,000	1,325,000	-29,609,000	-41,130,000	-51,420,000	-238,633,000
adjustments to reconcile net income to net cash from operating activities:
depreciation, amortization and accretion	4,119,000	2,490,000	1,687,000	1,600,000	1,402,000	1,281,000	1,253,000	1,251,000	1,258,000	1,089,000	852,000	844,000	754,000	694,000	1,484,000	1,916,000	2,046,000	-1,279,000	883,000	844,000	1,993,000	2,004,000	1,993,000	1,962,000	1,957,000	1,961,000	2,006,000	1,769,000	289,000	234,000	235,000	229,000	232,000	236,000	243,000	283,000	327,000	336,000	764,000	777,000	483,000	461,000	527,000	529,000	3,382,000	902,000	774,000	-131,000	493,000	404,000	351,000	305,000	381,000			404,000		877,000	2,053,000	2,768,000
provision for credit losses	2,236,000	1,549,000	1,382,000	1,068,000	7,045,000	4,633,000	1,746,000	2,944,000
deferred income tax expense	11,436,000	7,800,000	9,766,000	9,652,000	10,903,000
income from accretion of discount associated with loans at amortized cost	-6,988,000	-6,837,000	-6,729,000	-6,680,000	-6,447,000
income from merchant fees associated with loans at fair value	-46,433,000	-54,610,000	-62,546,000	-33,577,000	-31,374,000
changes in fair value of loans	431,082,000	276,851,000	216,777,000	178,345,000	184,310,000	203,739,000	186,251,000	159,171,000
change in bank partner fees carried at fair value	2,005,000	1,690,000	1,621,000	514,000
amortization of debt issuance costs	4,924,000	5,449,000	4,538,000	3,550,000	3,337,000	3,202,000	3,118,000	2,171,000
stock-based compensation costs	1,557,000	920,000	948,000	870,000	928,000	979,000	1,050,000	940,000	913,000	908,000	1,031,000	931,000
changes in assets and liabilities:
decrease in lease liability	-1,219,000	-748,000	-768,000	-762,000
increase in uncollected fees on earning assets	-180,382,000	-121,922,000	-82,306,000	-62,324,000	-83,028,000	-76,329,000	-67,791,000	-42,766,000	-73,894,000	-60,191,000	-64,057,000	-49,211,000	-70,325,000	-68,593,000	-68,423,000	-45,363,000	-40,827,000	-34,344,000	-27,119,000	-9,517,000				-13,206,000				-165,000	-2,010,000	-3,779,000	-2,163,000	-802,000	-1,158,000	464,000	-1,011,000	-983,000	-1,905,000				-1,969,000	-599,000	-378,000	-16,000				-11,000	-579,000	-1,592,000
increase in income tax liability	-160,000	235,000	-714,000	55,000	-2,049,000	-11,504,000				5,536,000	6,795,000	8,156,000	6,086,000	6,909,000	4,594,000	-7,177,000	9,753,000	806,000	3,645,000	7,634,000	4,242,000	9,921,000	4,778,000	1,206,000	-196,000	3,477,000	2,204,000	48,000				333,000			-4,478,000	438,000					1,571,000	-942,000	764,000	-674,000		935,000	679,000	1,910,000	-7,473,000	1,456,000	459,000	281,000	-1,557,000	1,408,000	635,000	251,000						711,000	-3,368,000	97,879,000		-2,695,000
increase in accounts payable and accrued expenses	20,231,000	-31,327,000	30,050,000	10,553,000	3,561,000	-10,022,000			13,457,000	1,007,000	5,816,000	-1,866,000	1,249,000	-3,106,000	-3,382,000	9,499,000	3,878,000			658,000				-6,605,000	-35,432,000	-10,826,000	-20,172,000	13,710,000	269,000	-1,311,000	-46,000	-4,323,000	1,309,000	-43,000	18,499,000	3,576,000	12,881,000	16,933,000	5,219,000	6,403,000	7,521,000	4,716,000			6,900,000				4,720,000									18,592,000	-3,952,000	-623,000			-1,506,000	1,900,000
other	-10,766,000	1,324,000	-11,308,000	-2,414,000	2,356,000	561,000	161,000	-4,139,000	1,770,000	151,000	2,097,000	-836,000	1,968,000	-1,371,000	-2,121,000	-131,000	-993,000	-3,389,000	-606,000	4,952,000	-3,988,000	526,000	3,288,000	99,000	-913,000	-5,247,000	-495,000	-1,769,000	5,098,000	-341,000	27,465,000	19,000	-2,224,000	-15,634,000	2,122,000	117,000	-1,361,000	-176,000	-1,422,000	1,123,000	1,327,000	-1,495,000	-1,184,000	-5,720,000	1,626,000	1,887,000	2,301,000	-3,614,000	4,698,000	284,000	-371,000	3,554,000	4,465,000	-1,751,000	2,299,000	159,000	3,902,000	-2,576,000	4,507,000	-2,209,000	-5,608,000	3,330,000	1,179,000	3,782,000	12,320,000	39,000
net cash from operating activities	266,251,000	107,452,000	132,688,000	131,572,000	122,602,000	112,364,000	115,643,000	118,796,000	132,667,000	116,863,000	108,089,000	101,698,000	100,490,000	93,034,000	71,857,000	80,749,000	72,371,000	15,474,000	71,741,000	52,780,000	64,960,000	63,815,000	49,012,000	34,947,000	29,730,000	30,504,000	9,744,000	29,985,000	44,507,000	-12,304,000	20,890,000	-10,237,000	-13,450,000	-22,427,000	8,015,000	2,397,000	14,310,000	11,978,000	3,957,000	8,770,000	8,034,000	3,037,000	-1,035,000	-9,172,000	-2,118,000	-4,049,000	-1,075,000	-13,492,000	-6,671,000	-5,973,000	-7,555,000	-6,657,000	6,318,000	-4,205,000	11,182,000	19,652,000	-9,431,000	35,063,000	29,786,000	28,355,000	41,195,000	62,284,000	66,241,000	165,791,000	-91,534,000	185,430,000
capital expenditures	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	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	0	0	0	0	0	0
free cash flows	266,251,000	107,452,000	132,688,000	131,572,000	122,602,000	112,364,000	115,643,000	118,796,000	132,667,000	116,863,000	108,089,000	101,698,000	100,490,000	93,034,000	71,857,000	80,749,000	72,371,000	15,474,000	71,741,000	52,780,000	64,960,000	63,815,000	49,012,000	34,947,000	29,730,000	30,504,000	9,744,000	29,985,000	44,507,000	-12,304,000	20,890,000	-10,237,000	-13,450,000	-22,427,000	8,015,000	2,397,000	14,310,000	11,978,000	3,957,000	8,770,000	8,034,000	3,037,000	-1,035,000	-9,172,000	-2,118,000	-4,049,000	-1,075,000	-13,492,000	-6,671,000	-5,973,000	-7,555,000	-6,657,000	6,318,000	-4,205,000	11,182,000	19,652,000	-9,431,000	35,063,000	29,786,000	28,355,000	41,195,000	62,284,000	66,241,000	165,791,000	-91,534,000	185,430,000
investing activities
proceeds from recoveries on charged off receivables	24,222,000	15,081,000	19,763,000	12,458,000	10,266,000	10,394,000	11,595,000	11,854,000	10,164,000	11,313,000	13,721,000	16,380,000	10,871,000	8,643,000	7,387,000	5,460,000	4,955,000	2,484,000	4,734,000	1,892,000
investments in earning assets	-1,757,409,000	-1,129,044,000	-928,831,000	-620,899,000	-626,846,000	-763,990,000	-678,290,000	-559,768,000	-656,057,000	-668,089,000	-646,749,000	-545,464,000	-597,718,000	-653,233,000	-730,213,000	-563,313,000	-585,992,000	-537,481,000	-539,276,000	-356,011,000	-377,783,000	-382,546,000	-294,432,000	-276,219,000	-338,072,000	-327,415,000	-268,342,000	-164,935,000	-178,082,000	-150,508,000	-153,623,000	-125,768,000	-131,076,000	-124,141,000	-112,478,000	-99,045,000	-94,558,000	-95,631,000	-113,982,000	-77,041,000	-68,020,000	-75,623,000	-66,832,000	-60,586,000	-57,714,000	-60,027,000	-53,220,000	-47,695,000	-57,581,000	-52,232,000	-43,933,000	-43,157,000	-37,152,000	-52,051,000	-79,834,000	-58,256,000	-48,978,000	-174,165,000	-152,225,000	-235,863,000	-281,415,000	-266,105,000	-227,958,000	-292,600,000
proceeds from earning assets	1,248,794,000	679,976,000	505,685,000	496,227,000	442,181,000	447,374,000	469,545,000	480,443,000	434,782,000	437,289,000	446,080,000	478,419,000	434,059,000	474,955,000	471,871,000	455,298,000	406,847,000	400,120,000	376,694,000	351,839,000	252,141,000	268,869,000	272,067,000	231,298,000	193,929,000	178,940,000	149,582,000	141,354,000	119,549,000	119,267,000	117,517,000	116,164,000	101,115,000	96,671,000	91,432,000	93,961,000	73,698,000	78,145,000	70,757,000	73,704,000	67,977,000	70,451,000	64,652,000	72,745,000	58,426,000	62,764,000	59,775,000	62,842,000	62,755,000	59,541,000	57,894,000	63,867,000	67,832,000	62,950,000	77,589,000	89,638,000	88,600,000	205,640,000	188,135,000	370,044,000	328,536,000	351,488,000	257,483,000	317,733,000
acquisition of mercury
purchases and development of property	-144,000	-58,000	-2,143,000	-2,679,000	-1,596,000	-62,000	-67,000	-64,000
net cash from investing activities	-484,537,000	-506,908,000	-405,526,000	-114,893,000	-175,995,000	-306,284,000	-197,217,000	-67,535,000	-211,194,000	-219,598,000	-187,981,000	-53,430,000	-156,341,000	-170,333,000	-251,480,000	-102,631,000	-180,536,000	-134,653,000	-157,670,000	-2,163,000	-111,658,000	-113,463,000	-22,719,000	-44,735,000	-143,864,000	-148,265,000	-118,374,000	-23,186,000	-59,257,000	-30,745,000	-35,583,000	-8,933,000	-29,885,000	-26,602,000	-32,715,000	-3,679,000	-19,196,000	-16,617,000	-40,602,000	575,000	2,578,000	-8,007,000	662,000	19,304,000	3,567,000	989,000	13,596,000	11,048,000	7,223,000	7,849,000	10,702,000	23,941,000	37,072,000	117,223,000	6,050,000	38,927,000	89,296,000	41,973,000	198,913,000	103,330,000	49,856,000	87,839,000	46,154,000	-10,428,000	81,391,000	-66,948,000
financing activities
noncontrolling interests contributions	190,000	0	0	78,000	50,000	0	0	3,000	0	0	0	4,000	110,000	0	0	4,000	383,000	0															0	0															0	0	0	26,000
noncontrolling interests distributions					0	0	0	-148,000																																	0	0	0	-2,000																	-340,000	-305,000	-229,000	-231,000		-18,000
proceeds from issuance of common stock	0	0	1,000	11,588,000
proceeds from issuance of series b preferred stock, net of issuance costs	478,000	2,298,000	3,157,000	313,000	11,000	0	0	1,071,000	0	6,000	43,000	1,069,000	246,000				0	9,122,000
preferred stock and preferred unit dividends	-2,303,000	-2,299,000	-2,210,000	-5,621,000	-6,003,000	-7,238,000	-6,241,000	-6,259,000
proceeds from exercise of stock options	873,000	157,000	70,000	335,000	913,000	26,000			315,000	3,031,000	40,000	19,000	102,000	808,000	33,000	2,788,000	143,000	45,000	1,000	1,696,000	780,000	425,000	115,000	6,000	50,000	82,000	18,000	1,065,000	18,000									0				4,000
purchase and retirement of outstanding stock and preferred units	-16,381,000	-25,000	-1,915,000	-51,246,000	-25,034,000
proceeds from issuance of senior notes, net of issuance costs	7,265,000	393,059,000	7,926,000	17,356,000	11,176,000	69,517,000	-1,000	54,560,000
proceeds from borrowings	2,078,128,000	536,779,000	611,692,000	282,994,000	264,837,000	205,236,000	316,542,000	107,356,000	283,327,000	419,739,000	196,748,000	55,464,000	199,291,000	231,474,000	208,515,000	41,247,000	416,250,000	76,693,000	377,220,000	53,314,000	338,876,000	145,144,000	43,135,000	61,074,000	345,474,000	178,165,000	260,040,000	89,661,000	294,478,000	94,249,000	153,778,000	89,538,000	81,052,000	102,724,000	76,460,000	64,761,000	85,523,000	72,210,000	58,310,000	26,345,000	34,283,000	41,812,000	65,670,000	23,132,000	51,149,000	36,074,000	5,324,000	22,998,000	12,794,000	14,989,000	8,916,000	12,282,000	2,702,000	3,213,000	15,000,000	365,000	23,765,000	0	0	9,697,000	1,533,000	1,746,000	5,211,000	1,186,000	140,603,000	11,546,000
repayment of borrowings	-1,608,494,000	-487,811,000	-324,097,000	-310,663,000	-84,704,000	-70,251,000	-302,638,000	-108,651,000	-211,913,000	-298,805,000	-147,881,000	-95,278,000	-91,188,000	-117,651,000	-48,846,000	-52,068,000	-133,941,000	-74,191,000	-262,294,000	-116,069,000	-204,016,000	-91,956,000	-91,597,000	-72,687,000	-255,486,000	-91,789,000	-171,938,000	-73,105,000	-197,908,000	-69,776,000	-127,943,000	-73,996,000	-63,559,000	-59,317,000	-55,852,000	-61,248,000	-62,739,000	-38,913,000	-39,083,000	-37,249,000	-31,834,000	-44,414,000	-50,986,000	-40,974,000	-49,981,000	-27,119,000	-32,345,000	-24,100,000	-22,486,000	-18,960,000	-21,878,000	-25,002,000	-26,069,000	-37,309,000	-126,022,000	-58,583,000	-74,161,000	-93,861,000	-102,446,000	-109,820,000					-35,471,000	-112,711,000
net cash from financing activities	459,756,000	442,158,000	294,624,000	-54,866,000	168,320,000	171,466,000	6,434,000	47,389,000	62,159,000	108,351,000	39,786,000	-46,951,000	102,327,000	97,695,000	140,492,000	-79,259,000	400,015,000	219,000	176,151,000	-66,057,000	128,744,000	48,453,000	-51,149,000	36,337,000	178,371,000	84,867,000	87,882,000	17,600,000	96,582,000	23,829,000	25,808,000	15,528,000	17,390,000	43,139,000	20,615,000	3,495,000	22,700,000	33,173,000	18,857,000	-11,271,000	2,360,000	-2,653,000	14,619,000	-17,898,000	963,000	8,936,000	-27,025,000	-1,274,000	-9,925,000	-4,268,000	-13,384,000	-13,138,000	-23,367,000	-116,596,000	-111,022,000	-58,414,000	-52,007,000	-94,468,000	-207,802,000	-104,341,000	-93,384,000	-131,016,000	-237,116,000	-146,165,000	78,871,000	-101,187,000
net increase in cash and cash equivalents and restricted cash and cash equivalents	241,470,000	42,702,000	21,786,000	-38,187,000
cash and cash equivalents and restricted cash equivalents at beginning of period	0	0	0	499,636,000
cash and cash equivalents and restricted cash equivalents at end of period	241,470,000	42,702,000	21,786,000	461,449,000
cash and cash equivalents, and restricted cash and cash equivalents at end of period	241,470,000	42,702,000	21,786,000	461,449,000
unrestricted cash and cash equivalents	196,070,000	95,602,000	-20,969,000	350,390,000	66,765,000
restricted cash and cash equivalents	45,400,000	-52,900,000	42,755,000	111,059,000	48,162,000
supplemental cash flow information
cash paid for interest	105,422,000	72,668,000	47,223,000	43,077,000	40,686,000	39,802,000	31,919,000	33,262,000	28,741,000	25,208,000	22,398,000	23,103,000	21,894,000	20,301,000	16,963,000	16,199,000	12,405,000	12,057,000	10,881,000	12,265,000	10,702,000	12,022,000	10,260,000	13,542,000	11,760,000	13,652,000	16,996,000	3,894,000	7,939,000	9,822,000	6,988,000	8,718,000	6,264,000	7,872,000	4,644,000	6,698,000	4,091,000	6,181,000	3,315,000	5,894,000	3,117,000	5,864,000	3,032,000	5,909,000		1,557,000	10,468,000	8,134,000	4,032,000	7,889,000	3,634,000	7,653,000	3,363,000	9,331,000	5,333,000	10,932,000	8,189,000	10,045,000	8,770,000	11,079,000	10,533,000	10,439,000	13,960,000	15,512,000	9,472,000	7,168,000
cash paid for income taxes, net of refunds	335,000	-144,000	804,000	39,000
accretion of discount associated with issuance of subsidiary equity					25,000	75,000	75,000	75,000
decrease in accrued and unpaid preferred stock and preferred unit dividends	2,000	8,000	12,000	-2,047,000		-997,000	-8,000	-42,000
noncash investing and financing
cash assumed upon acquisition of mercury	0
acquisition of new subsidiary
effect of exchange rate changes on cash and cash equivalents and restricted cash and cash equivalents
increase in accrued and unpaid preferred stock and preferred unit dividends
lease liability payments						-754,000	-752,000	-747,000	-755,000	-755,000	-181,000	-180,000	-208,000	-210,000	-1,000,000	-2,635,000	-2,633,000	-2,635,000	-2,618,000	-2,584,000	-2,589,000	-2,588,000	-2,561,000	-2,540,000	-2,540,000	-2,541,000	-2,507,000	-2,492,000
effect of exchange rate changes on cash and cash equivalents and restricted cash										-1,000	1,000	3,000
net increase in cash and cash equivalents and restricted cash						-22,454,000	-75,140,000	98,650,000				1,320,000
cash and cash equivalents and restricted cash at beginning of period						0	0	383,653,000	0	0	0	433,192,000	0	0	0	506,628,000	0	0	0	258,961,000	0	0	0	176,394,000	0	0	0	141,754,000
cash and cash equivalents and restricted cash at end of period						-22,454,000	-75,140,000	482,303,000	-16,369,000	5,615,000	-40,105,000	434,512,000	46,501,000	20,371,000	-39,157,000	405,477,000	291,854,000	-118,979,000	90,226,000	243,527,000	82,086,000	-1,168,000	-24,858,000	202,901,000	64,281,000	-32,981,000	-21,139,000	166,233,000
cash and cash equivalents, and restricted cash at end of period
net cash income tax payments						11,000			-218,000	1,249,000	404,000	32,000	6,000	37,000	4,149,000	56,000	3,362,000	9,976,000	6,472,000	136,000			197,000	79,000	-217,000	1,000	46,000	190,000	66,000				20,000	23,000	35,000	180,000	-273,000	5,000	443,000	262,000	340,000	40,000	675,000	62,000		5,000	-6,000	72,000	9,000	-14,000	3,000	165,000	-3,000	9,000	-46,000	89,000	588,000	508,000	551,000	4,832,000
income from accretion of merchant fees and discount associated with receivables purchases							-49,191,000	-30,475,000	-27,971,000	-36,229,000	-48,678,000	-34,002,000	-27,867,000	-39,895,000	-42,228,000	-27,189,000	-36,100,000	-79,756,000	-16,197,000	-34,213,000	-19,026,000	-24,850,000	-30,763,000	-35,763,000
purchase and retirement of outstanding stock							-1,273,000	-543,000					0	-10,933,000	-12,861,000	-65,214,000	-19,425,000	-5,193,000	-304,000	-297,000	-2,190,000	-492,000	-112,000	-559,000	-667,000	-1,591,000	-238,000	-21,000	-6,000	-676,000	-27,000	-14,000	-103,000	-268,000	0	-18,000	-80,000	-124,000	-374,000	-371,000	-81,000	-55,000	-69,000	-54,000	-205,000	-21,000	-4,000	-27,000	-233,000	-297,000	-422,000	-444,000
decrease in income tax liability								7,044,000																					537,000	-4,739,000			-2,553,000							-64,000
decrease in accounts payable and accrued expenses								-2,417,000													7,737,000	-228,000																						-3,344,000			-5,274,000	-6,228,000			3,085,000	-6,643,000			632,000	-1,478,000					-8,220,000				-19,104,000	-14,276,000
net cash income tax (refunds) payments								-42,000																							13,000	-189,000																													-304,000	0	3,368,000	-96,824,000
effect of exchange rate changes on cash													25,000	-25,000	-26,000	-10,000	4,000	-19,000	4,000	6,000	40,000	27,000	-2,000	-42,000	44,000	-87,000	-391,000	80,000	517,000	152,000	704,000	-362,000	-148,000	-3,000	251,000	44,000	-482,000	-260,000	-621,000	-252,000	-175,000	-469,000	687,000	-764,000	-674,000	-610,000	292,000	-22,000	412,000	1,269,000	-114,000	-753,000	-33,000	221,000	-233,000	227,000	-90,000	-208,000	23,000	1,171,000	-646,000	937,000	67,000	-1,278,000	2,332,000	-339,000
net decrease in cash and cash equivalents and restricted cash									-16,369,000	5,615,000						-101,151,000
provision for losses on loans, interest and fees receivable										538,000	309,000	704,000	542,000	381,000	182,000	147,000	11,986,000	9,238,000	11,096,000	4,135,000	25,825,000	17,028,000	32,530,000	67,336,000
changes in fair value of loans, interest and fees receivable recorded at fair value										177,854,000	177,829,000	149,822,000
amortization of deferred loan costs										1,982,000	1,462,000	1,442,000	1,455,000	1,301,000	1,209,000	1,136,000	1,353,000	827,000	2,046,000	888,000	1,284,000	1,270,000	1,257,000	1,326,000	1,247,000	854,000	721,000	696,000	997,000	422,000	319,000	390,000
purchases and development of property, net of disposals										-111,000	-1,033,000	-2,765,000	-3,553,000	-698,000	-525,000	-76,000	-7,446,000	452,000	-22,000	-73,000	-4,000	-31,000	-615,000	-99,000	-54,000	-102,000	-46,000	-48,000	-1,190,000	-50,000	-122,000	-21,000	-166,000	-150,000	-57,000	-22,000	-105,000	-67,000	-137,000	-40,000	-49,000	-219,000	-257,000	-359,000	-466,000	-419,000	-1,204,000	-1,979,000	-1,447,000	-678,000	-1,096,000	-266,000	-277,000	-770,000	-425,000	-714,000	-151,000	-274,000	-583,000	-533,000	-2,193,000	-1,073,000	-901,000	307,000
preferred dividends										-6,221,000	-6,176,000	-6,253,000	-6,234,000	-6,194,000	-6,349,000	-6,016,000	-6,227,000	-6,257,000	-4,624,000	-4,701,000	-4,706,000	-4,668,000	-2,690,000	-1,497,000
purchase and retirement of outstanding common and preferred stock										-9,399,000	-2,988,000	-1,976,000
decrease in accrued and unpaid preferred dividends										45,000
increase in accrued and unpaid preferred dividends												-85,000	8,000			115,000	7,000	297,000	39,000	-89,000
interest expense from accretion of discount on notes																	0	18,000	303,000	132,000	149,000	148,000	145,000	143,000	141,000	207,000	237,000	233,000	229,000	224,000	221,000	216,000
changes in fair value of loans, interest and fees receivable and notes payable associated with structured financings recorded at fair value													162,206,000	163,624,000	146,559,000	104,680,000	73,752,000	58,727,000	58,763,000	27,491,000
income from equity-method investments																	0	-8,000	11,000	-19,000	-101,000	-342,000			-265,000	-284,000	-225,000	-227,000	-90,000	49,000	-531,000	-9,000	-256,000	-164,000	-404,000	-334,000	-194,000	-629,000	-325,000	-1,002,000	-567,000	-431,000	-707,000	-1,075,000	-1,800,000	-1,936,000	-841,000	-2,406,000	-1,093,000	-2,080,000	-957,000	-4,307,000	624,000	-356,000	-3,539,000	-6,017,000
loss on repurchase and redemption of convertible senior notes																	0
gain on sale of property
investments in equity-method investee																	0
proceeds from equity-method investee																	0	170,000	200,000	190,000	207,000	245,000	261,000	285,000	333,000						645,000	692,000	757,000	823,000	993,000	1,066,000	1,152,000	1,297,000	1,499,000	1,600,000
sale of property
deferred stock-based compensation costs														930,000	1,186,000	1,111,000	916,000	1,092,000	687,000	545,000	403,000	303,000	281,000	368,000	432,000	840,000	28,000	412,000
net increase in cash and cash equivalents																		-118,979,000	90,226,000	-15,434,000	82,086,000	-1,168,000	-24,858,000	26,507,000			-21,139,000	24,479,000	82,349,000	-19,068,000
loss on repurchase of convertible senior notes																			5,448,000	7,807,000
unrealized losses on loans, interest and fees receivable and underlying notes payable held at fair value																					39,322,000	29,008,000	25,293,000	14,925,000
gain on repurchase of convertible senior notes																									0												-114,000	0																			-38,000	-138,000	-201,000	-268,000	-413,000	-5,681,000	-8,797,000	-13,896,000	-1,261,000	0
decrease in uncollected fees on earning assets																					-12,946,000	-10,526,000																														282,000
decrease in deposits																						43,000	0	2,000									54,000	-1,000	0	200,000	25,000	8,000	82,000	205,000
issuance costs for nonontrolling interests
proceeds from issuance of preferred units																						0	0	50,000,000
change in accrued and unpaid preferred dividends
losses upon impairment of loans, interest and fees receivable recorded at fair value																						3,291,000	374,000	266,000	182,000	190,000	271,000	254,000
losses (income) from equity-method investments																								66,000
unrealized gain on loans, interest and fees receivable and underlying notes payable held at fair value																									-584,000	-701,000	-823,000	-874,000
proceeds from issuance of preferred stock
benefit from losses on loans, interest and fees receivable																										65,527,000	48,414,000	34,598,000
income from accretion of discount associated with receivables purchases																										-31,814,000	-26,454,000	-21,862,000	-20,072,000	-18,764,000	-18,661,000	-18,020,000	-17,158,000	-16,236,000	-13,462,000	-12,263,000	-11,291,000	-10,795,000	-10,257,000	-9,610,000	-11,127,000	-10,736,000	-9,539,000	-9,375,000	-8,821,000	-8,515,000	-8,229,000	-8,209,000	-8,186,000	-7,802,000	-7,107,000	-6,812,000
decrease (increase) in uncollected fees on earning assets																										968,000														76,000					2,417,000	594,000							-308,000	-363,000	1,119,000	15,149,000
decrease (increase) in deposits																										0																-6,000	45,000	563,000					4,404,000
net decrease in cash and cash equivalents
proceeds from equity-method investees																											432,000	443,000	466,000												1,761,000	2,015,000	2,243,000	2,471,000	3,202,000	2,475,000	3,873,000	2,459,000	3,407,000	5,128,000	2,666,000	4,545,000	3,498,000	4,268,000	4,918,000	11,124,000	5,830,000	6,693,000	6,858,000	4,002,000	1,279,000	1,621,000	2,763,000	761,000	5,634,000	2,850,000
increase in deposits																												-1,000		-205,000	-12,000	-20,000														388,000	-479,000	-15,000
(net recovery of) losses upon impairment of loans, interest and fees receivable recorded at fair value
(net recovery of) losses upon charge off of loans and fees receivable recorded at fair value
benefit from losses on loans and fees receivable																														32,798,000	16,476,000	15,991,000	27,128,000	24,087,000	15,744,000	10,653,000	20,709,000	17,470,000	10,811,000	4,731,000	8,603,000	8,876,000	5,961,000	3,168,000	8,102,000	8,120,000	6,731,000	7,875,000	9,045,000	10,681,000	6,670,000	3,282,000	2,941,000	6,084,000	7,437,000	2,881,000	3,026,000	4,975,000	-2,781,000	15,356,000	18,531,000	-287,122,000
unrealized gain on loans and fees receivable and underlying notes payable held at fair value																														-2,679,000	-1,625,000	-1,313,000	-1,267,000	-1,412,000	-1,823,000	-1,269,000	-2,429,000	1,598,000	-1,466,000	-3,063,000	-1,649,000	-3,448,000	-1,561,000	-869,000	-119,000	-2,564,000	-824,000	-3,535,000	-10,927,000	-5,761,000	-7,372,000	-2,118,000	-1,598,000	-273,000	-10,869,000	-46,612,000	-7,321,000	-17,108,000	-17,890,000	-48,659,000	-45,329,000	-42,025,000	-102,351,000	-73,506,000
cash and cash equivalents at beginning of period																														0	0	70,658,000																																		0
cash and cash equivalents at end of period																														-19,068,000	11,819,000	66,654,000																																		16,956,000
supplemental non-cash information
issuance of stock options and restricted stock																														503,000	6,000	169,000	0	222,000	137,000	1,005,000	0	600,000	161,000	1,549,000	23,000	228,000	47,000	234,000			0	931,000	990,000	0	217,000	305,000					0	0	0	303,000	0	0	0	1,127,000	227,000	0
notes payable associated with capital leases																																															1,000	158,000	3,000	4,000	4,000	144,000	-36,000	-50,000	-37,000	305,000					-237,000	-127,000	-45,000	856,000	56,000	-374,000
losses upon charge off of loans and fees receivable recorded at fair value																															-1,352,000	1,791,000	651,000	649,000	1,231,000	1,093,000	1,463,000	1,286,000	1,679,000	1,682,000	1,076,000	3,314,000	1,311,000	1,739,000	2,537,000	2,927,000	3,971,000	4,748,000	5,363,000	6,489,000	7,512,000	8,479,000	8,435,000	9,044,000	17,021,000	55,628,000	22,271,000	28,019,000	41,100,000	48,090,000	73,194,000
net increase in unrestricted cash																																-4,004,000	-26,093,000			2,257,000	17,332,000	28,274,000										-3,740,000				3,393,000	19,990,000	-3,357,000	-94,023,000	392,000	27,768,000	-17,640,000	20,920,000	28,515,000	-2,979,000	20,044,000	-124,654,000	7,920,000
depreciation of rental merchandise																																	0	0	0	27,000	101,000	458,000	1,335,000	3,379,000	7,095,000	9,847,000	9,370,000	12,253,000	12,084,000	10,318,000	15,735,000	25,011,000
interest expense from accretion of discount on convertible senior notes																																	142,000	139,000	135,000	132,000	130,000	127,000	131,000	127,000	124,000	122,000	119,000	116,000	151,000	165,000	163,000	158,000	155,000	152,000	148,000	145,000
additions to rental merchandise																																					0	2,000	-90,000	-546,000	-2,531,000	-7,071,000	-11,018,000	-8,433,000	-13,994,000	-11,504,000	-4,765,000	-18,210,000
increase in restricted cash																																	-515,000	195,000										5,033,000	119,000	-3,804,000	4,372,000	-4,579,000	89,000	-3,910,000	-1,079,000	-1,048,000								-2,765,000	3,649,000	1,908,000	14,767,000	-36,629,000
unrestricted cash and cash equivalents at beginning of period																																	0	0	0	76,052,000	0	0	0	51,033,000	0	0	0	39,925,000	0	0	0	50,873,000	0	0	0	67,915,000	0	0	0	144,913,000		0	0	85,350,000		0	0	185,019,000
unrestricted cash and cash equivalents at end of period																																	-26,093,000	-5,893,000	-3,834,000	78,309,000	17,332,000	28,274,000	-18,409,000	48,855,000	12,797,000	-8,092,000	14,933,000	31,395,000	1,738,000	5,266,000	-14,212,000	47,133,000	-8,961,000	-1,123,000	-10,351,000	71,308,000	19,990,000	-3,357,000	-94,023,000	145,305,000		-17,640,000	20,920,000	113,865,000		20,044,000	-124,654,000	192,939,000
net decrease in unrestricted cash																																								-2,178,000				-8,530,000	1,738,000	5,266,000			-8,961,000	-1,123,000
decrease in restricted cash																																				361,000	617,000	-361,000	1,261,000	2,352,000													9,000	3,797,000
noncontrolling interests contributions (distributions)																																					0	0	0	4,000																	63,000	0	0	600,000
decrease (increase) in restricted cash																																									909,000	-4,631,000														2,003,000	1,403,000	4,079,000
net decrease (increase) in unrestricted cash
other non-cash adjustments to income
decrease (increase) in prepaid expenses																																													-85,000	385,000	29,000	188,000																	8,397,000	1,332,000
investment in equity-method investees																																																	0	0			0	0	0	-1,354,000	0	0	0	-34,336,000
noncontrolling interests (distributions) contributions																																													0	2,000	0	-145,000
net gain on sale of subsidiary operations																																																					-7,762,000
changes in assets and liabilities, exclusive of business acquisitions:
increase in prepaid expenses																																																	427,000			-118,000
investments in subsidiaries																																																					0	0	0	-3,514,000
proceeds from sale of subsidiary																																																										0
purchase of outstanding stock subject to tender offer																																																					0								0	0
depreciation of leased merchandise
additions to leased merchandise
decrease in prepaid expenses																																																						602,000	-105,000	109,000	943,000	453,000	7,602,000	3,000	7,785,000	2,150,000	-620,000	4,933,000
other non cash adjustments to income
accretion of discount on convertible senior notes																																																					141,000	138,000	896,000	1,253,000	1,330,000	1,535,000	1,742,000	1,835,000	1,917,000	1,971,000	2,362,000	2,689,000
stock-based compensation expense																																																					85,000	65,000	65,000	105,000	123,000	186,000	469,000	1,682,000	1,684,000	1,585,000	2,028,000	3,442,000	2,240,000	2,351,000
deferred taxes
gain on buy-out of equity-method investee members																																																									0	0	0	-619,000					0	0
decrease in jras auto loans receivable																																																					320,000	550,000	1,083,000	1,848,000	2,103,000	2,867,000	3,286,000	4,549,000
net cash associated with newly acquired consolidated subsidiaries																																																										0	-1,756,000	2,781,000
proceeds from sale of subsidiary operations																																																					3,162,000
purchase of treasury stock																																																					0	0	0	-196,000	-1,674,000	-607,000	-331,000	-776,000					-23,000	-4,000
purchases of noncontrolling interests																																																									0	0	-25,000	-4,042,000	-468,000	0	-2,000	-7,535,000
other-than-temporary declines in investments in non-marketable debt securities
unrealized loss on securities
decrease in deferred costs																																																						80,000	142,000	187,000					179,000	180,000	212,000	292,000	732,000	306,000
unrestricted cash included in assets held for sale																																																										2,919,000	886,000	7,344,000
depreciation, anortization and accretion
unrealized loss on trading securities																																																							-4,000	291,000
net gain on sale of subsidiary																																																										0
depreciation expense																																																													3,094,000	3,371,000	3,624,000	3,492,000	3,937,000	4,520,000
impairment of goodwill																																																																	0	0
unrealized gain on trading securities																																																									26,000	103,000	63,000	192,000	261,000	-153,000	-88,000	-60,000
(income) loss on equity-method investments																																																									-3,900,000
net gain on sale of subsidiaries
increase in deferred costs
increase in current income tax liability
cash from consolidated subsidiary
proceeds from sale of subsidiaries
unrestricted cash and cash equivalents at beginning of year
unrestricted cash and cash equivalents at end of year
effect of adoption of accounting pronouncements on restricted cash																																																													0	0	-28,164,000	14,082,000
changes in assets and liabilities, exclusive of business acquisitions and dispositions:
increase in uncollected fees on non-securitized earning assets																																																										-2,995,000	-3,882,000	-2,985,000
increase in tax liability																																																										151,000	2,094,000	-2,206,000
purchase of outstanding stock subject to tender offers																																																										0
income on equity-method investments																																																											-3,823,000	-18,304,000
amortization and impairment of intangibles																																																													117,000	104,000				315,000
accretion of deferred revenue																																																													-116,000	-115,000	-116,000	-115,000	-116,000	-21,270,000
retained interests adjustments																																																																	-22,884,000	433,932,000
deferred tax benefit
loss on equity-method investments																																																													-1,459,000	1,372,000	8,282,000	1,389,000
decrease (increase) in jras auto loans receivable																																																													5,650,000	9,097,000
purchase of third-party interest in equity-method investee																																																																	0	0
investments in securitized earning assets																																																																	-43,582,000	-107,726,000
proceeds from securitized earning assets																																																																	90,828,000	22,851,000
acquisitions of assets
dividends
settlement of contingent earn-out
increase in uncollected fees on loans receivable
purchases of treasury stock																																																														-2,000	-231,000	-391,000
repayments of borrowings																																																														-132,455,000	-156,601,000	-139,194,000
decrease in uncollected fees on loans receivable																																																															5,627,000	1,167,000
benefit from loan losses																																																																173,414,000	46,829,000	16,712,000
amortization of intangibles																																																																119,000
unrealized (gain) loss on trading securities
income in excess of distributions from equity-method investments
net decrease in securities classified as trading securities
increase in deferred revenue
investments in non-securitized earning assets																																																																	-246,928,000	-250,057,000
proceeds from non-securitized earning assets																																																																	276,586,000	265,494,000
noncontrolling interests distribution
purchase of noncontrolling interests
net increase in cash																																																																	71,060,000	16,956,000
cash and cash equivalents at beginning of year
cash and cash equivalents at end of year
unrealized loss on debt and equity securities classified as trading securities
interest expense accreted on convertible senior notes																																																																		2,581,000
net increase in valuation of debt, equity and u.s. government securities classified as trading securities																																																																		-146,000
decrease in uncollected fees on non-securitized earning assets																																																																		362,000
acquisition of assets																																																																		0
purchases and development of buildings, software, furniture, fixtures and equipment, net of disposals																																																																		-360,000
purchase of noncontrolling interest																																																																		0
net cash paid for (refunds of) income taxes																																																																		-482,000
notes payable associated with investments in securities

Atlanticus Holdings Corporation(NASDAQ:ATLC)

Atlanticus Holdings Corporation
(NASDAQ:ATLC)