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Equity Method Investments | 12 Months Ended
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Dec. 31, 2019
Equity Method Investments And Joint Ventures [Abstract] |
Equity Method Investments | Note 6 – Equity Method Investments On November 14, 2018, CPFH LLC was formed to purchase certain real estate assets among partners in a Joint Venture. The Company’s share of the Joint Venture is 25%. During 2019, the Company held a 50% share in the Oak Grove Asset Acquisitions LP, an entity formed for the execution of auction deals with Napier Park. The table below details the Company’s Joint Venture revenues and net income (loss) during the years ended December 31, 2019 and 2018 (in thousands):
|  | 2019 |  |  | 2018 |
Revenues: |  |  |  |  |  |  |  |
Oak Grove Asset Acquisitions LP |  | $ | 522 |  |  | $ | — |
CPFH LLC |  |  | 10,985 |  |  |  | — |
Total Revenues |  | $ | 11,507 |  |  | $ | — |
Operating income (loss): |  |  |  |  |  |  |  |
Oak Grove Asset Acquisitions LP |  | $ | 151 |  |  | $ | — |
CPFH LLC |  |  | 5,046 |  |  |  | (115 | )
Total operating income (loss) |  | $ | 5,197 |  |  | $ | (115 | )
The table below details the summarized components of assets and liabilities, as at December 31, 2019 and 2018, of the Company’s Joint Ventures at those dates (in thousands):
|  | 2019 |  |  | 2018 |
Assets: |  |  |  |  |  |  |  |
Oak Grove Asset Acquisitions LP |  | $ | 1,602 |  |  | $ | — |
CPFH LLC |  |  | 20,016 |  |  |  | 11,064 |
Total assets |  | $ | 21,618 |  |  | $ | 11,064 |
Liabilities: |  |  |  |  |  |  |  |
Oak Grove Asset Acquisitions LP |  | $ | 797 |  |  | $ | — |
CPFH LLC |  |  | 10,245 |  |  |  | 168 |
Total liabilities |  | $ | 11,042 |  |  | $ | 168 |

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- Definition The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SX 210.3A-04) -URI http://asc.fasb.org/extlink&oid=116822174&loc=d3e355119-122828 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -URI http://asc.fasb.org/topic&trid=2196965 + Details
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