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Consolidated Statements of Operations (unaudited) - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Lease revenues and fees, net $ 23,697,705 $ 21,784,779
Lease merchandise sold 1,145,042 946,618
Total revenues 24,842,747 22,731,397
Costs and expenses:    
Cost of lease revenues, consisting of depreciation and impairment of lease merchandise 16,196,949 15,277,939
Cost of lease merchandise sold 630,781 565,007
Marketing 1,031,145 848,546
Salaries and benefits 2,548,869 1,758,087
Operating expenses 3,171,692 2,596,282
Total costs and expenses 23,579,436 21,045,861
Operating income 1,263,311 1,685,536
Interest expense including amortization of debt issuance costs 1,211,626 1,181,993
Net Income 51,685 503,543
Dividends on Series 2 Convertible Preferred Shares 609,717 609,168
Deemed dividend from exchange offer of warrants 713,212
Net loss attributable to common shareholders $ (1,271,244) $ (105,625)
Basic and diluted (loss) per common share:    
Basic and diluted $ (0.06) $ (0.01)
WEIGHTED AVERAGE COMMON SHARES:    
Basic and diluted 19,903,435 17,650,847