Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Equity

v3.21.2
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
Total Shareholders' Equity
Noncontrolling Interest
Class A Common Stock
Class B Common Stock
Balance at beginning of period at Dec. 31, 2019 $ 482,813     $ 482,719 $ (51)   $ 145    
Contributions from members 1,042     1,042          
Net (loss) income (27,020)     (27,249)     229    
Foreign currency translation adjustment (8)       (8)        
Balance at end of period at Mar. 31, 2020 456,827     456,512 (59)   374    
Balance at beginning of period at Dec. 31, 2019 482,813     482,719 (51)   145    
Net (loss) income 103,879                
Foreign currency translation adjustment 11                
Balance at end of period at Jun. 30, 2020 604,863     604,269 (41)   635    
Balance at beginning of period at Mar. 31, 2020 456,827     456,512 (59)   374    
Distributions to members (578)                
Noncontrolling interest distributions (310)           (310)    
Net (loss) income 148,906     148,335     571    
Net (loss) income 146,286                
Foreign currency translation adjustment 18       18        
Balance at end of period at Jun. 30, 2020 604,863     604,269 (41)   635    
Balance at beginning of period at Dec. 31, 2020 628,040     628,176 9   (145)    
Balance at beginning of period at Dec. 31, 2020 628,040                
Contributions from members 1,426                
Distributions to members (75,000)     (75,000)          
Noncontrolling interest distributions (620)           (620)    
Net (loss) income 120,060     119,859     201    
Net (loss) 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 24           $ 24    
Noncontrolling interest distributions (137)           (137)    
Net (loss) income (14,824)   2,265       (17,089)    
Vesting of restricted stock units 49,278 49,278              
Foreign currency translation adjustment (27)       (27)        
Balance at end of period at Jun. 30, 2021 $ 2,379,295 $ 807,521 $ (69,548)   $ (27)   $ 1,641,343 $ 6  
Balance at end of period (in shares) at Jun. 30, 2021           131,318,286   59,881,714 7