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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Revenues:    
Lease revenues and fees, net $ 85,331,360 $ 59,219,472
Lease merchandise sold 3,458,529 2,269,708
Total revenues 88,789,889 61,489,180
Costs and expenses:    
Cost of lease revenues, consisting of depreciation and impairment of lease merchandise 57,939,899 40,639,232
Cost of lease merchandise sold 2,282,036 1,423,526
Marketing 3,649,292 7,046,812
Salaries and benefits 8,469,334 8,796,011
Operating expenses 11,345,091 8,761,815
Total costs and expenses 83,685,652 66,667,396
Operating income/(loss) 5,104,237 (5,178,216)
Loss on extinguishment of debt 126,622
Interest expense including amortization of debt issuance costs 4,310,422 4,156,424
Income/(loss) before income taxes 793,815 (9,461,262)
Provision for income taxes 216,400
Net income/(loss) 577,415 (9,461,262)
Dividends on Series 2 Convertible Preferred Shares 2,437,884 2,426,840
Net loss attributable to common shareholders $ (1,860,469) $ (11,888,102)
Basic and diluted (loss) per common share:    
Basic and diluted $ (0.11) $ (1.39)
WEIGHTED AVERAGE COMMON SHARES:    
Basic and diluted 17,672,156 8,574,569