2023 Q1 Form 10-K Financial Statement

#000182252323000006 Filed on March 07, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $16.83M $19.70M $75.13M
YoY Change -3.18% 51.4% 100.55%
Cost Of Revenue $3.704M $3.892M $15.77M
YoY Change -3.72% 37.86% 89.45%
Gross Profit $13.10M $15.81M $59.37M
YoY Change -3.23% 55.16% 103.72%
Gross Profit Margin 77.84% 80.25% 79.02%
Selling, General & Admin $2.708M $2.028M $7.640M
YoY Change 6.86% 22.13% 25.72%
% of Gross Profit 20.67% 12.83% 12.87%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $6.412M $2.028M $23.41M
YoY Change 0.48% 22.13% 62.55%
Operating Profit $6.690M $13.78M $35.96M
YoY Change -6.53% 61.59% 143.93%
Interest Expense $1.668M -$2.031M $6.814M
YoY Change -1.88% 1050.5% 504.7%
% of Operating Profit 24.94% -14.74% 18.95%
Other Income/Expense, Net -$702.4K -$8.137M -$11.18M
YoY Change -22.39% 537.3% 321.9%
Pretax Income $10.20M $3.615M $36.96M
YoY Change 0.2% -48.92% 75.7%
Income Tax $175.1K $676.6K $1.000M
% Of Pretax Income 1.72% 18.72% 2.71%
Net Earnings $10.03M $2.938M $35.93M
YoY Change -1.35% -58.27% 71.1%
Net Earnings / Revenue 59.56% 14.91% 47.82%
Basic Earnings Per Share $0.49 $1.80
Diluted Earnings Per Share $0.49 $0.14 $1.79
COMMON SHARES
Basic Shares Outstanding 20.49M shares 20.36M shares 19.84M shares
Diluted Shares Outstanding 20.49M shares 19.96M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $80.61M $140.4M $140.4M
YoY Change 26.71% 12.17% 28.49%
Cash & Equivalents $80.61M $140.4M $140.4M
Short-Term Investments $0.00
Other Short-Term Assets $420.2K $460.8K $460.8K
YoY Change -30.46% -51.45% -51.45%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $81.03M $140.8M $140.8M
YoY Change 26.17% 27.8% 27.8%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $0.00
YoY Change -100.0% -100.0%
Other Assets
YoY Change
Total Long-Term Assets $366.8M $378.3M $378.3M
YoY Change -5.91% 6.68% 6.68%
TOTAL ASSETS
Total Short-Term Assets $81.03M $140.8M $140.8M
Total Long-Term Assets $366.8M $378.3M $378.3M
Total Assets $447.8M $519.2M $519.2M
YoY Change -1.37% 11.69% 11.69%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.611M $836.6K $836.6K
YoY Change -0.28% -45.28% -45.28%
Accrued Expenses $8.698M $9.973M $9.973M
YoY Change 11.93% 0.52% 11.68%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $21.80M $82.23M $82.23M
YoY Change 7.57% -13.0% -12.08%
LONG-TERM LIABILITIES
Long-Term Debt $87.57M $97.13M $97.13M
YoY Change -9.41% 0.58% 0.58%
Other Long-Term Liabilities $585.8K $754.1K $754.1K
YoY Change -6.89% 10.39% -54.98%
Total Long-Term Liabilities $88.15M $97.89M $97.89M
YoY Change -9.39% 0.65% -0.37%
TOTAL LIABILITIES
Total Short-Term Liabilities $21.80M $82.23M $82.23M
Total Long-Term Liabilities $88.15M $97.89M $97.89M
Total Liabilities $110.0M $180.1M $180.1M
YoY Change -6.47% -6.08% -6.08%
SHAREHOLDERS EQUITY
Retained Earnings -$11.41M -$9.962M
YoY Change 811.56%
Common Stock $204.9K $203.6K
YoY Change 24.27%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $337.9M $339.1M $339.1M
YoY Change
Total Liabilities & Shareholders Equity $447.8M $519.2M $519.2M
YoY Change -1.37% 11.69% 11.69%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income $10.03M $2.938M $35.93M
YoY Change -1.35% -58.27% 71.1%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $4.383M $3.866M $31.32M
YoY Change -6.06% 100.01% 228.37%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $14.99M $52.18M -$16.34M
YoY Change -149.89% -141.09% -93.42%
Cash From Investing Activities $14.99M $52.18M -$16.34M
YoY Change -149.89% -141.09% -93.42%
FINANCING ACTIVITIES
Cash Dividend Paid $41.62M
YoY Change 189.23%
Common Stock Issuance & Retirement, Net $75.06M
YoY Change -59.54%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$79.14M 48.01M $16.15M
YoY Change 290.85% -70.78% -95.23%
NET CHANGE
Cash From Operating Activities $4.383M 3.866M $31.32M
Cash From Investing Activities $14.99M 52.18M -$16.34M
Cash From Financing Activities -$79.14M 48.01M $16.15M
Net Change In Cash -$59.77M 104.1M $31.13M
YoY Change 30.98% 164.96% -68.76%
FREE CASH FLOW
Cash From Operating Activities $4.383M $3.866M $31.32M
Capital Expenditures
Free Cash Flow
YoY Change

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619821 usd
CY2022 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
11763696 usd
CY2021 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
5584311 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
1338469 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
1745872 usd
CY2022 afcg Payment In Kind Interest
PaymentInKindInterest
8369127 usd
CY2021 afcg Payment In Kind Interest
PaymentInKindInterest
4534370 usd
CY2022 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
844537 usd
CY2021 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
3485646 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-859203 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
877184 usd
CY2022 afcg Increase Decrease In Interest Reserve
IncreaseDecreaseInInterestReserve
2031327 usd
CY2021 afcg Increase Decrease In Interest Reserve
IncreaseDecreaseInInterestReserve
5993947 usd
CY2022 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
44827 usd
CY2021 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
991840 usd
CY2022 us-gaap Increase Decrease In Other Employee Related Liabilities
IncreaseDecreaseInOtherEmployeeRelatedLiabilities
1068690 usd
CY2021 us-gaap Increase Decrease In Other Employee Related Liabilities
IncreaseDecreaseInOtherEmployeeRelatedLiabilities
2600917 usd
CY2022 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
519195 usd
CY2021 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
16050000 usd
CY2021 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
773786 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-674192 usd
CY2021 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
1186585 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
31321973 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
9538562 usd
CY2022 us-gaap Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
162885750 usd
CY2021 us-gaap Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
272583787 usd
CY2022 us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
0 usd
CY2021 us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
2313130 usd
CY2022 us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
120042065 usd
CY2021 us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
22412569 usd
CY2022 us-gaap Proceeds From Sale Of Loans Held For Investment
ProceedsFromSaleOfLoansHeldForInvestment
10600000 usd
CY2021 us-gaap Proceeds From Sale Of Loans Held For Investment
ProceedsFromSaleOfLoansHeldForInvestment
15450000 usd
CY2022 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
15900000 usd
CY2021 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0 usd
CY2022 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
0 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-16343685 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-248458088 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
75057650 usd
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
185501294 usd
CY2022 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1711365 usd
CY2021 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
4040357 usd
CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
578508 usd
CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
3529495 usd
CY2022 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 usd
CY2021 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
100000000 usd
CY2022 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
60000000 usd
CY2021 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
75000000 usd
CY2022 us-gaap Payments Of Dividends
PaymentsOfDividends
41619272 usd
CY2021 us-gaap Payments Of Dividends
PaymentsOfDividends
14389688 usd
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
75000000 usd
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
16148505 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
338541754 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
31126793 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
99622228 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
109246048 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9623820 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
140372841 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
109246048 usd
CY2022 afcg Interest Reserve Withheld From Funding Of Loan
InterestReserveWithheldFromFundingOfLoan
450000 usd
CY2021 afcg Interest Reserve Withheld From Funding Of Loan
InterestReserveWithheldFromFundingOfLoan
9450468 usd
CY2022 afcg Original Issue Discount Withheld From Funding Of Loans
OriginalIssueDiscountWithheldFromFundingOfLoans
7764875 usd
CY2021 afcg Original Issue Discount Withheld From Funding Of Loans
OriginalIssueDiscountWithheldFromFundingOfLoans
15021624 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
168750 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-168750 usd
CY2022Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
11403840 usd
CY2021Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
8221406 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
5847743 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
0 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
952524 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
35167 usd
CY2022 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
0 usd
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:10pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentration of Credit Risks</span></div><div style="margin-top:10pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents, loans and interest receivable. The Company places its cash and cash equivalents with financial institutions, and, at times, cash held exceeds the Federal Deposit Insurance Corporation insured limit. The Company and the Company’s Manager seek to manage this credit risk by monitoring the financial institutions and their ability to continue in business for the foreseeable future.</span></div><div style="margin-top:10pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company has exposure to credit risk on its loans and interest receivable. The Company and the Company’s Manager seek to manage credit risk by performing due diligence prior to origination or acquisition and through the use of non-recourse financing, when and where available and appropriate.</span></div>
CY2022Q4 us-gaap Marketable Securities
MarketableSecurities
0 usd
CY2021Q4 us-gaap Marketable Securities
MarketableSecurities
15900000 usd
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:10pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates in the Preparation of Financial Statements</span></div><div style="margin-top:10pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Actual results could differ from those estimates. Significant estimates include the valuation of loans held for investment at fair value and current expected credit losses.</span></div>
CY2021 afcg Number Of Loans Held For Investments In Portfolio
NumberOfLoansHeldForInvestmentsInPortfolio
3 loan
CY2022 afcg Number Of Loans Held For Investments In Portfolio
NumberOfLoansHeldForInvestmentsInPortfolio
3 loan
CY2022Q4 afcg Loans Held For Investment At Fair Value Aggregate Commitments
LoansHeldForInvestmentAtFairValueAggregateCommitments
104300000 usd
CY2021Q4 afcg Loans Held For Investment At Fair Value Aggregate Commitments
LoansHeldForInvestmentAtFairValueAggregateCommitments
75900000 usd
CY2022Q4 afcg Loans Held For Investment Outstanding Principal Amount
LoansHeldForInvestmentOutstandingPrincipalAmount
102400000 usd
CY2021Q4 afcg Loans Held For Investment Outstanding Principal Amount
LoansHeldForInvestmentOutstandingPrincipalAmount
77600000 usd
CY2022 afcg Loans Held For Investment At Fair Value Funded Of Outstanding Principal
LoansHeldForInvestmentAtFairValueFundedOfOutstandingPrincipal
26600000 usd
CY2022 afcg Loans Held For Investment Repayment Of Outstanding Principal Amount
LoansHeldForInvestmentRepaymentOfOutstandingPrincipalAmount
6500000 usd
CY2022Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
99226051 usd
CY2022Q4 afcg Loans Held For Investment Cost
LoansHeldForInvestmentCost
100635985 usd
CY2022Q4 afcg Loans Held For Investment Outstanding Principal Amount
LoansHeldForInvestmentOutstandingPrincipalAmount
102376546 usd
CY2022 afcg Loans Held For Investment At Fair Value Weighted Average Remaining Life
LoansHeldForInvestmentAtFairValueWeightedAverageRemainingLife
P1Y2M12D
CY2021Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
77096319 usd
CY2021Q4 afcg Loans Held For Investment Cost
LoansHeldForInvestmentCost
74913157 usd
CY2021Q4 afcg Loans Held For Investment Outstanding Principal Amount
LoansHeldForInvestmentOutstandingPrincipalAmount
77630742 usd
CY2021 afcg Loans Held For Investment At Fair Value Weighted Average Remaining Life
LoansHeldForInvestmentAtFairValueWeightedAverageRemainingLife
P2Y2M12D
CY2021Q4 afcg Loans Held For Investment Outstanding Principal Amount
LoansHeldForInvestmentOutstandingPrincipalAmount
77630742 usd
CY2021Q4 afcg Loans Held For Investment At Fair Value Original Issue Discount
LoansHeldForInvestmentAtFairValueOriginalIssueDiscount
2717584 usd
CY2021Q4 afcg Loans Held For Investment At Fair Value Unrealized Gains Losses
LoansHeldForInvestmentAtFairValueUnrealizedGainsLosses
2183161 usd
CY2021Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
77096319 usd
CY2022 afcg Loans Held For Investment At Fair Value Unrealized Gains Losses Change In Unrealized Gains Losses On Loans At Fair Value Net
LoansHeldForInvestmentAtFairValueUnrealizedGainsLossesChangeInUnrealizedGainsLossesOnLoansAtFairValueNet
-3593095 usd
CY2022 afcg Loans Held For Investment At Fair Value Change In Unrealized Gains Losses On Loans At Fair Value Net
LoansHeldForInvestmentAtFairValueChangeInUnrealizedGainsLossesOnLoansAtFairValueNet
-3593095 usd
CY2022 afcg Loans Held For Investment At Fair Value Outstanding Principal New Fundings
LoansHeldForInvestmentAtFairValueOutstandingPrincipalNewFundings
26605796 usd
CY2022 afcg Loans Held For Investment At Fair Value Original Issue Discount New Funding
LoansHeldForInvestmentAtFairValueOriginalIssueDiscountNewFunding
479275 usd
CY2022 afcg Loans Held For Investment At Fair Value New Funding
LoansHeldForInvestmentAtFairValueNewFunding
26126521 usd
CY2022 afcg Loans Held For Investment At Fair Value Outstanding Principal Repayments
LoansHeldForInvestmentAtFairValueOutstandingPrincipalRepayments
5397191 usd
CY2022 afcg Loans Held For Investment At Fair Value Repayments
LoansHeldForInvestmentAtFairValueRepayments
5397191 usd
CY2022 afcg Loans Held For Investment At Fair Value Outstanding Principal Loan Amortization
LoansHeldForInvestmentAtFairValueOutstandingPrincipalLoanAmortization
1089776 usd
CY2022 afcg Loans Held For Investment At Fair Value Loan Amortization
LoansHeldForInvestmentAtFairValueLoanAmortization
1089776 usd
CY2022 afcg Loans Held For Investment At Fair Value Original Issue Discount Accretion Of Original Issue Discount
LoansHeldForInvestmentAtFairValueOriginalIssueDiscountAccretionOfOriginalIssueDiscount
1456298 usd
CY2022 afcg Loans Held For Investment At Fair Value Accretion Of Original Issue Discount
LoansHeldForInvestmentAtFairValueAccretionOfOriginalIssueDiscount
1456298 usd
CY2022 afcg Loans Held For Investment At Fair Value Outstanding Principal Payment In Kind Interest
LoansHeldForInvestmentAtFairValueOutstandingPrincipalPaymentInKindInterest
4626975 usd
CY2022 afcg Loans Held For Investment At Fair Value Payment In Kind Interest
LoansHeldForInvestmentAtFairValuePaymentInKindInterest
4626975 usd
CY2022Q4 afcg Loans Held For Investment Outstanding Principal Amount
LoansHeldForInvestmentOutstandingPrincipalAmount
102376546 usd
CY2022Q4 afcg Loans Held For Investment At Fair Value Original Issue Discount
LoansHeldForInvestmentAtFairValueOriginalIssueDiscount
1740561 usd
CY2022Q4 afcg Loans Held For Investment At Fair Value Unrealized Gains Losses
LoansHeldForInvestmentAtFairValueUnrealizedGainsLosses
-1409934 usd
CY2022Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
99226051 usd
CY2020Q4 afcg Loans Held For Investment Outstanding Principal Amount
LoansHeldForInvestmentOutstandingPrincipalAmount
50831235 usd
CY2020Q4 afcg Loans Held For Investment At Fair Value Original Issue Discount
LoansHeldForInvestmentAtFairValueOriginalIssueDiscount
3836524 usd
CY2020Q4 afcg Loans Held For Investment At Fair Value Unrealized Gains Losses
LoansHeldForInvestmentAtFairValueUnrealizedGainsLosses
1563340 usd
CY2020Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
48558051 usd
CY2021 afcg Loans Held For Investment At Fair Value Unrealized Gains Losses Change In Unrealized Gains Losses On Loans At Fair Value Net
LoansHeldForInvestmentAtFairValueUnrealizedGainsLossesChangeInUnrealizedGainsLossesOnLoansAtFairValueNet
619821 usd
CY2021 afcg Loans Held For Investment At Fair Value Change In Unrealized Gains Losses On Loans At Fair Value Net
LoansHeldForInvestmentAtFairValueChangeInUnrealizedGainsLossesOnLoansAtFairValueNet
619821 usd
CY2021 afcg Loans Held For Investment At Fair Value Outstanding Principal New Fundings
LoansHeldForInvestmentAtFairValueOutstandingPrincipalNewFundings
37701104 usd
CY2021 afcg Loans Held For Investment At Fair Value Original Issue Discount New Funding
LoansHeldForInvestmentAtFairValueOriginalIssueDiscountNewFunding
1130623 usd
CY2021 afcg Loans Held For Investment At Fair Value New Funding
LoansHeldForInvestmentAtFairValueNewFunding
36570481 usd
CY2021 afcg Loans Held For Investment At Fair Value Outstanding Principal Repayments
LoansHeldForInvestmentAtFairValueOutstandingPrincipalRepayments
12000000 usd
CY2021 afcg Loans Held For Investment At Fair Value Repayments
LoansHeldForInvestmentAtFairValueRepayments
12000000 usd
CY2021 afcg Loans Held For Investment At Fair Value Outstanding Principal Loan Amortization
LoansHeldForInvestmentAtFairValueOutstandingPrincipalLoanAmortization
1093659 usd
CY2021 afcg Loans Held For Investment At Fair Value Loan Amortization
LoansHeldForInvestmentAtFairValueLoanAmortization
1093659 usd
CY2021 afcg Loans Held For Investment At Fair Value Original Issue Discount Accretion Of Original Issue Discount
LoansHeldForInvestmentAtFairValueOriginalIssueDiscountAccretionOfOriginalIssueDiscount
2249563 usd
CY2021 afcg Loans Held For Investment At Fair Value Accretion Of Original Issue Discount
LoansHeldForInvestmentAtFairValueAccretionOfOriginalIssueDiscount
2249563 usd
CY2021 afcg Loans Held For Investment At Fair Value Outstanding Principal Payment In Kind Interest
LoansHeldForInvestmentAtFairValueOutstandingPrincipalPaymentInKindInterest
2192062 usd
CY2021Q4 afcg Percentage Of Loans Held With Floating Interest Rates
PercentageOfLoansHeldWithFloatingInterestRates
0.48
CY2021 afcg Loans Held For Investment At Fair Value Payment In Kind Interest
LoansHeldForInvestmentAtFairValuePaymentInKindInterest
2192062 usd
CY2021Q4 afcg Loans Held For Investment Outstanding Principal Amount
LoansHeldForInvestmentOutstandingPrincipalAmount
77630742 usd
CY2021Q4 afcg Loans Held For Investment At Fair Value Original Issue Discount
LoansHeldForInvestmentAtFairValueOriginalIssueDiscount
2717584 usd
CY2021Q4 afcg Loans Held For Investment At Fair Value Unrealized Gains Losses
LoansHeldForInvestmentAtFairValueUnrealizedGainsLosses
2183161 usd
CY2021Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
77096319 usd
CY2022Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
99226051 usd
CY2022Q4 afcg Loans Held For Investment Cost
LoansHeldForInvestmentCost
100635985 usd
CY2022Q4 afcg Loans Held For Investment Outstanding Principal Amount
LoansHeldForInvestmentOutstandingPrincipalAmount
102376546 usd
CY2022 afcg Number Of Loans Held For Investments
NumberOfLoansHeldForInvestments
9 loan
CY2021 afcg Number Of Loans Held For Investments
NumberOfLoansHeldForInvestments
12 loan
CY2022Q4 afcg Loans Held For Investment At Carrying Value Aggregate Commitments
LoansHeldForInvestmentAtCarryingValueAggregateCommitments
338900000 usd
CY2021Q4 afcg Loans Held For Investment At Carrying Value Aggregate Commitments
LoansHeldForInvestmentAtCarryingValueAggregateCommitments
324300000 usd
CY2022Q4 us-gaap Receivable With Imputed Interest Face Amount
ReceivableWithImputedInterestFaceAmount
296600000 usd
CY2021Q4 us-gaap Receivable With Imputed Interest Face Amount
ReceivableWithImputedInterestFaceAmount
270800000 usd
CY2022 afcg Loans Held For Investment At Carrying Value Outstanding Principal New Fundings
LoansHeldForInvestmentAtCarryingValueOutstandingPrincipalNewFundings
173700000 usd
CY2022 afcg Receivable With Imputed Interest Loan Repayments
ReceivableWithImputedInterestLoanRepayments
151700000 usd
CY2022Q4 afcg Percentage Of Loans Held With Floating Interest Rates
PercentageOfLoansHeldWithFloatingInterestRates
0.73
CY2022Q4 us-gaap Receivable With Imputed Interest Face Amount
ReceivableWithImputedInterestFaceAmount
296584529 usd
CY2022Q4 us-gaap Receivable With Imputed Interest Discount
ReceivableWithImputedInterestDiscount
11407417 usd
CY2022Q4 afcg Loans Held For Investment Carrying Value
LoansHeldForInvestmentCarryingValue
285177112 usd
CY2022 afcg Loans Held For Investment Weighted Average Remaining Life
LoansHeldForInvestmentWeightedAverageRemainingLife
P3Y1M6D
CY2021Q4 us-gaap Receivable With Imputed Interest Face Amount
ReceivableWithImputedInterestFaceAmount
270841715 usd
CY2021Q4 us-gaap Receivable With Imputed Interest Discount
ReceivableWithImputedInterestDiscount
13678219 usd
CY2021Q4 afcg Loans Held For Investment Carrying Value
LoansHeldForInvestmentCarryingValue
257163496 usd
CY2021 afcg Loans Held For Investment Weighted Average Remaining Life
LoansHeldForInvestmentWeightedAverageRemainingLife
P3Y4M24D
CY2021Q4 us-gaap Receivable With Imputed Interest Face Amount
ReceivableWithImputedInterestFaceAmount
270841715 usd
CY2021Q4 us-gaap Receivable With Imputed Interest Discount
ReceivableWithImputedInterestDiscount
13678219 usd
CY2021Q4 afcg Loans Held For Investment Carrying Value
LoansHeldForInvestmentCarryingValue
257163496 usd
CY2022 afcg Receivable With Imputed Interest New Funding Face Amount
ReceivableWithImputedInterestNewFundingFaceAmount
173685505 usd
CY2022 afcg Receivable With Imputed Interest Discount On New Funding
ReceivableWithImputedInterestDiscountOnNewFunding
8035600 usd
CY2022 afcg Receivable With Imputed Interest New Funding Net Amount
ReceivableWithImputedInterestNewFundingNetAmount
165649905 usd
CY2022 afcg Receivable With Accretion Of Original Issue Discount Premium
ReceivableWithAccretionOfOriginalIssueDiscountPremium
10306402 usd
CY2022 afcg Accretion Of Original Issue Discount Net Amount
AccretionOfOriginalIssueDiscountNetAmount
10306402 usd
CY2022 afcg Receivable With Imputed Interest Loan Repayments Face Amount
ReceivableWithImputedInterestLoanRepaymentsFaceAmount
138807472 usd
CY2022 afcg Receivable With Imputed Interest Loan Repayments Face Amount
ReceivableWithImputedInterestLoanRepaymentsFaceAmount
138807472 usd
CY2022 afcg Receivable With Imputed Interest Sale Of Loans Face Amount
ReceivableWithImputedInterestSaleOfLoansFaceAmount
10000000 usd
CY2022 afcg Receivable With Imputed Interest Sale Of Loans Face Amount
ReceivableWithImputedInterestSaleOfLoansFaceAmount
10000000 usd
CY2022 afcg Receivable With Paid In Kind Interest Face Amount
ReceivableWithPaidInKindInterestFaceAmount
3715966 usd
CY2022 afcg Receivable With Paid In Kind Interest Face Amount
ReceivableWithPaidInKindInterestFaceAmount
3715966 usd
CY2022 afcg Receivable With Imputed Interest Amortization Payments
ReceivableWithImputedInterestAmortizationPayments
2851185 usd
CY2022 afcg Receivable With Imputed Interest Amortization Payments
ReceivableWithImputedInterestAmortizationPayments
2851185 usd
CY2022Q4 us-gaap Receivable With Imputed Interest Face Amount
ReceivableWithImputedInterestFaceAmount
296584529 usd
CY2022Q4 us-gaap Receivable With Imputed Interest Discount
ReceivableWithImputedInterestDiscount
11407417 usd
CY2022Q4 afcg Loans Held For Investment Carrying Value
LoansHeldForInvestmentCarryingValue
285177112 usd
CY2020Q4 us-gaap Receivable With Imputed Interest Face Amount
ReceivableWithImputedInterestFaceAmount
33907763 usd
CY2020Q4 us-gaap Receivable With Imputed Interest Discount
ReceivableWithImputedInterestDiscount
2070732 usd
CY2020Q4 afcg Loans Held For Investment Carrying Value
LoansHeldForInvestmentCarryingValue
31837031 usd
CY2021 afcg Receivable With Imputed Interest New Funding Face Amount
ReceivableWithImputedInterestNewFundingFaceAmount
249591644 usd
CY2021 afcg Receivable With Imputed Interest Discount On New Funding
ReceivableWithImputedInterestDiscountOnNewFunding
14941001 usd
CY2021 afcg Receivable With Imputed Interest New Funding Net Amount
ReceivableWithImputedInterestNewFundingNetAmount
234650643 usd
CY2021 afcg Receivable With Accretion Of Original Issue Discount Premium
ReceivableWithAccretionOfOriginalIssueDiscountPremium
3333514 usd
CY2021 afcg Accretion Of Original Issue Discount Net Amount
AccretionOfOriginalIssueDiscountNetAmount
3333514 usd
CY2021 afcg Receivable With Imputed Interest Realized Gain On Sale Of Loans Face Amount
ReceivableWithImputedInterestRealizedGainOnSaleOfLoansFaceAmount
450000 usd
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CY2022 afcg Exercise Tax As A Percentage Of Undistributed Ordinary Income And Net Capital Gains
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CY2022 afcg Number Of Co Invested Loans Held
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CY2022 afcg Return Of Capital Distribution Per Share
ReturnOfCapitalDistributionPerShare
0
CY2022 afcg Section199 A Dividends
Section199ADividends
2.23

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afcg-20221231.htm Edgar Link pending
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