Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Equity

v3.22.0.1
Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Additional Paid-in Capital
Retained Earnings
FoA Equity Capital LLC Member's Equity
Accumulated Other Comprehensive (Loss) Income
Noncontrolling Interest
Class A Common Stock
Class A Common Stock
Common Stock [Member]
Class B Common Stock
Class B Common Stock
Common Stock [Member]
Balance at beginning of period at Dec. 31, 2018 $ 427,342     $ 427,392 $ (98) $ 48        
Contributions from members 795     795            
Distributions to members (2,799)     (2,799)            
Noncontrolling interest contributions 25         25        
Noncontrolling interest distributions (439)         (439)        
Equity based compensation 2,919     2,919            
Net income 54,923     54,412   511        
Net income 76,630                  
Foreign currency translation adjustment 47       47          
Balance at end of period at Dec. 31, 2019 482,813     482,719 (51) 145        
Contributions from members 7,500     7,500            
Distributions to members (380,431)     (380,431)            
Noncontrolling interest contributions 104         104        
Noncontrolling interest distributions (1,668)         (1,668)        
Net income 519,662     518,388   1,274        
Net income 497,913                  
Foreign currency translation adjustment 60       60          
Balance at end of period at Dec. 31, 2020 628,040     628,176 9 (145)        
Balance at end of period at Dec. 31, 2020 628,040                  
Contributions from members 1,426     1,426            
Distributions to members (75,000)     (75,000)            
Noncontrolling interest distributions (620)         (620)        
Net income 120,060     119,859   201        
Net income 124,320                  
Accretion of CRNCI to redemption price (32,725)     (32,725)            
Foreign currency translation adjustment (11)       (11)          
Balance at end of period at Mar. 31, 2021 641,170     $ 641,736 (2) (564)        
Balance at end of period at Mar. 31, 2021 2,344,981 $ 758,243 $ (71,813)     $ 1,658,545   $ 6    
Balance at end of period (in shares) at Mar. 31, 2021           131,318,286   59,881,714   7
Noncontrolling interest contributions 73         $ 73        
Noncontrolling interest distributions (827)         (827)        
Net income (1,301,002)   (371,800)     (929,202)        
Equity based compensation - Restricted Stock Units ("RSUs") 52,922 52,922                
Settlement of LTIP RSUs, net (2,090) 8,453       $ (10,543)        
Settlement of LTIP RSUs, net (shares)           (829,222) 829,222      
Conversion of LLC units for Class A Common Stock (3,330) 19,609       $ (22,939)        
Conversion of LLC units for Class A Common Stock(Shares)           (1,795,197)   1,795,197    
Settlement of other RSUs (Note 27—Equity Based Compensation) (Shares)             37,383      
Cancellation of shares to fund employee tax withholdings (Note 40—Equity) (7,607) (7,607)                
Cancellation of shares to fund employee tax withholdings (Note 40—Equity) (Shares)             (1,788,447)      
Reorganization of Class A LLC ownership (Note 40—Equity) (Shares)                 8  
Foreign currency translation adjustment (110)       (110)          
Balance at end of period at Dec. 31, 2021 $ 1,083,010 $ 831,620 $ (443,613)   $ (110) $ 695,107   $ 6   $ 0
Balance at end of period (in shares) at Dec. 31, 2021           128,693,867 60,755,069   15