Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY

v3.19.2
CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Consultants and Independent Financial Advisors
Employees
Preferred Stock
Common Stock
Additional Paid-In Capital
Additional Paid-In Capital
Consultants and Independent Financial Advisors
Additional Paid-In Capital
Employees
Accumulated Deficit
Noncontrolling Interest
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Cumulative effect of adoption of ASC 606 (See Note 2) $ 24,785               $ 24,774 $ 11
Beginning Balance 395,176     $ 2 $ 20 $ 520,135     (125,004) 23
Beginning Balance (in shares) at Dec. 31, 2017       17,012,075 198,583,941          
Beginning Balance at Dec. 31, 2017 370,391     $ 2 $ 20 520,135     (149,778) 12
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Issuance of common stock under employee stock purchase plan (in shares)         89,301          
Issuance of common stock under employee stock purchase plan 281         281        
Exercise of stock options (in shares)         1,507,080          
Exercise of stock options, net of shares tendered in payment of exercise price 2,332         2,332        
Stock-based compensation   $ 27 $ 3,035       $ 27 $ 3,035    
Issuance of restricted stock (in shares)         2,115,000          
Issuance of restricted stock 0                  
Repurchase and retirement of common stock (in shares)         (1,024,288)          
Repurchase and retirement of common stock (3,428)         (3,428)        
Preferred stock issued, net of underwriting discount and expense (89)         (89)        
Preferred stock dividends declared and paid (17,016)         (17,016)        
Common stock dividends declared and paid (3,929)         (3,929)        
Net income 14,774               14,765 9
Ending Balance (in shares) at Jun. 30, 2018       17,012,075.000 201,271,034.000          
Ending Balance at Jun. 30, 2018 391,163     $ 2 $ 20 501,348     (110,239) 32
Beginning Balance (in shares) at Mar. 31, 2018       17,012,075 200,517,787          
Beginning Balance at Mar. 31, 2018 390,914     $ 2 $ 20 510,409     (119,541) 24
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Issuance of common stock under employee stock purchase plan (in shares)         29,357          
Issuance of common stock under employee stock purchase plan 95         95        
Exercise of stock options (in shares)         953,481          
Exercise of stock options, net of shares tendered in payment of exercise price 1,504         1,504        
Stock-based compensation   20 1,548       20 1,548    
Issuance of restricted stock (in shares)         260,000          
Issuance of restricted stock 0                  
Repurchase and retirement of common stock (in shares)         (489,591)          
Repurchase and retirement of common stock (1,699)         (1,699)        
Preferred stock issued, net of underwriting discount and expense (52)         (52)        
Preferred stock dividends declared and paid (8,508)         (8,508)        
Common stock dividends declared and paid (1,969)         (1,969)        
Net income 9,310               9,302 8
Ending Balance (in shares) at Jun. 30, 2018       17,012,075.000 201,271,034.000          
Ending Balance at Jun. 30, 2018 391,163     $ 2 $ 20 501,348     (110,239) 32
Beginning Balance (in shares) at Dec. 31, 2018       17,012,075 146,535,796          
Beginning Balance at Dec. 31, 2018 253,177     $ 2 $ 14 344,356     (91,246) 51
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Issuance of common stock under employee stock purchase plan (in shares)         86,638          
Issuance of common stock under employee stock purchase plan 250         250        
Exercise of stock options (in shares)         2,205,077          
Exercise of stock options, net of shares tendered in payment of exercise price 1,154       $ 0 1,154        
Stock-based compensation   15 2,923       15 2,923    
Issuance of restricted stock (in shares)         2,785,000          
Issuance of restricted stock $ 1       $ 1          
Unvested restricted stock forfeitures (in shares) (82,500.0)       (82,500)          
Repurchase and retirement of common stock (in shares)         (3,028,880)          
Repurchase and retirement of common stock $ (10,347)         (10,347)        
Preferred stock issued, net of underwriting discount and expense (in shares)       389,207            
Preferred stock issued, net of underwriting discount and expense 9,449         9,449        
Preferred stock dividends declared and paid (17,285)         (17,285)        
Common stock dividends declared and paid (3,587)         (3,587)        
Net income 10,940               10,919 21
Ending Balance (in shares) at Jun. 30, 2019       17,401,282.000 148,501,131.000          
Ending Balance at Jun. 30, 2019 246,690     $ 2 $ 15 326,928     (80,327) 72
Beginning Balance (in shares) at Mar. 31, 2019       17,299,305 148,746,413          
Beginning Balance at Mar. 31, 2019 254,022     $ 2 $ 15 341,768     (87,815) 52
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Issuance of common stock under employee stock purchase plan (in shares)         29,534          
Issuance of common stock under employee stock purchase plan 96         96        
Exercise of stock options (in shares)         2,034,860          
Exercise of stock options, net of shares tendered in payment of exercise price 869         869        
Stock-based compensation   $ 4 $ 1,440       $ 4 $ 1,440    
Issuance of restricted stock (in shares)         460,000          
Issuance of restricted stock $ 0                  
Unvested restricted stock forfeitures (in shares) (82,500)       (82,500)          
Repurchase and retirement of common stock (in shares)         (2,687,176)          
Repurchase and retirement of common stock $ (9,295)         (9,295)        
Preferred stock issued, net of underwriting discount and expense (in shares)       101,977            
Preferred stock issued, net of underwriting discount and expense 2,534         2,534        
Preferred stock dividends declared and paid (8,695)         (8,695)        
Common stock dividends declared and paid (1,793)         (1,793)        
Net income 7,508               7,488 20
Ending Balance (in shares) at Jun. 30, 2019       17,401,282.000 148,501,131.000          
Ending Balance at Jun. 30, 2019 $ 246,690     $ 2 $ 15 $ 326,928     $ (80,327) $ 72