Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited)

v3.2.0.727
Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Additional Paid-In Capital
Retained Earnings
Total Stockholders' Equity
Non-controlling Interest
Class A Common Stock
Class B Common Stock
Balance at Dec. 31, 2013 $ 48,165 $ 39,003 $ 2,099 $ 41,222 $ 6,943 $ 75 $ 45
Balance, Shares at Dec. 31, 2013           7,523,000 4,465,000
Distributions to partners (3,995)       (3,995)    
Redemptions of partners’ interests (345)       (345)    
Redemptions of partners' interests, Shares             (23,000)
Repayment of notes receivable from partners 833       833    
Equity-based compensation 1,393     2 1,391   $ 2
Equity-based compensation, Shares             262,000
Net Income 5,039   2,295 2,295 2,744    
Accrued interest on notes receivable from partners (33)       (33)    
Share conversion, Value 23 23   23      
Share conversion, Shares           1,000  
Dividends paid on Class A common stock (1,806)   (1,806) (1,806)      
Balance at Jun. 30, 2014 49,274 39,026 2,588 41,736 7,538 $ 75 $ 47
Balance, Shares at Jun. 30, 2014           7,524,000 4,704,000
Balance at Dec. 31, 2014 53,062 39,175 3,217 42,516 10,546 $ 78 $ 46
Balance, Shares at Dec. 31, 2014           7,768,010 4,520,413
Distributions to partners (4,125)       (4,125)    
Repayment of notes receivable from partners 481       481    
Equity-based compensation 487       487    
Equity-based compensation, Shares             127,000
Net Income 6,137   3,124 3,124 3,013    
Deferred tax, net of amounts payable under tax receivable agreement 920 920   920      
Accrued interest on notes receivable from partners (34)       (34)    
Share conversion, Value   203   201 (201)   $ (2)
Share conversion, Shares           79,000 (68,000)
Issuance of Class B shares in connection with acquisition, Value 3,565     3 3,562   $ 3
Issuance of Class B shares in connection with acquisition, Shares             259,000
Dividends paid on Class A common stock (1,874)   (1,874) (1,874)      
Balance at Jun. 30, 2015 $ 58,619 $ 40,298 $ 4,467 $ 44,890 $ 13,729 $ 78 $ 47
Balance, Shares at Jun. 30, 2015           7,847,256 4,837,607