Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Equity

v3.22.1
Condensed Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Additional Paid-in Capital
Retained Earnings
FoA Equity Capital LLC Member's Equity
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interest
Class A Common Stock
Common Stock
Class B Common Stock
Common Stock
Balance at beginning of period at Dec. 31, 2020 $ 628,040     $ 628,176 $ 9 $ (145)    
Net income 124,320              
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    
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 beginning of period at Dec. 31, 2021 1,083,010 $ 831,620 $ (443,613)   (110) $ 695,107 $ 6 $ 0
Balance at beginning of period (in shares) at Dec. 31, 2021           128,693,867 60,755,069 15
Net income (63,995) 0 (8,493)   0 $ (55,502)    
Equity based compensation, net 13,104 13,104            
Conversion of LLC Units for Class A Common Stock (Note 27 - Equity) (25) 230       $ (255)    
Conversion of LLC Units for Class A Common Stock (Note 27 - Equity) (shares)           (49,696) 49,696  
Settlement of long term incentive plan ("LTIP") Restricted Stock Units ("RSUs"), net (Note 26 - Earnings Per Share) (10) 48       $ (58)    
Settlement of long term incentive plan ("LTIP") Restricted Stock Units ("RSUs"), net (Note 26 - Earnings Per Share) (shares)           (10,804) 10,804  
Foreign currency translation adjustment 11       11      
Balance at end of period at Mar. 31, 2022 $ 1,032,095 $ 845,002 $ (452,106)   $ (99) $ 639,292 $ 6 $ 0
Balance at end of period (in shares) at Mar. 31, 2022           128,633,367 60,815,569 15