MMAB Financials 07/16/2014 17:14:32 Municipal Mor

MMAB Financials 07/16/2014 17:14:32
Municipal Mortgage & Equity, L.L.C.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 52,160 66,735 76,971 36,664
Cost of Revenue - - - -
Gross Profit 52,160 66,735 76,971 36,664
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 85,462 56,787 60,223 53,606
Non-Recurring Items 62,030 36,140 49,167 39,881
Other - - - 4,440
Operating Income (35,379) 8,378 3,075 (37,503)
Income From Continuing Operations
Add'l Income/Expense Items 158,056 16,152 29,953 14,657
Earnings Before Interest and Tax 86,804 (22,978) (16,751) (3,148)
Interest Expense 14,988 18,542 21,498 66,573
Earnings Before Tax 71,816 (41,520) (38,249) (69,721)
Income Tax (1,304) 101 239 (772)
Minority Interest (27,993) (41,776) (46,807) (43,748)
Equity Earnings Unconsolidated Subsidiary (26,609) (39,391) (35,751) (46,875)
Net Income Cont. Operations 111,087 (41,010) (27,432) (72,076)
Non Recurring Events
Discontinued Operations 26,727 2,960 19,679 (3,508)
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 137,814 (38,050) (7,753) (75,584)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 127,840 3,115 27,998 (28,709)