10-Q/A Filing

MANHATTAN BRIDGE CAPITAL, INC CIK: 1080340 Q2 2012

Filing Information

Form Type	10-Q/A
Accession Number	`0001144204-12-049235`
Period End Date	20120630
Filing Date	20120831
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	loan-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 64 Cash Flow Statement 51

Balance Sheet 72 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$386.02K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.45K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$166.51K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$221.91K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Short term loans receivable	`ShortTermLoansReceivable`	$6.92M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Short term loans receivable	`ShortTermLoansReceivable`	$6.54M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Interest receivable on loans	`InterestReceivableCurrent`	$119.48K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Interest receivable on loans	`InterestReceivableCurrent`	$109.91K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$16.46K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$49.84K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	25.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	25.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$7.26M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	4.41M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	4.41M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$6.87M	USD	Point-in-time
Investment in real estate	`InvestmentInRealEstate`	$146.82K	USD	Point-in-time
Investment in real estate	`InvestmentInRealEstate`	$146.82K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	4.32M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	4.32M	shares	Point-in-time
Long term loans receivable	`LongTermLoansReceivable`	$4.53M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	80,731.00	shares	Point-in-time
Long term loans receivable	`LongTermLoansReceivable`	$2.50M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	80,731.00	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$266.00	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$588.00	USD	Point-in-time
Security deposit	`SecurityDeposit`	$6.35K	USD	Point-in-time
Security deposit	`SecurityDeposit`	$6.35K	USD	Point-in-time
Investment in privately held company, at cost	`CostMethodInvestments`	$100.00K	USD	Point-in-time
Investment in privately held company, at cost	`CostMethodInvestments`	$100.00K	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCosts`	$72.79K	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCosts`	$67.94K	USD	Point-in-time
Total assets	`Assets`	$10.09M	USD	Point-in-time
Total assets	`Assets`	$11.72M	USD	Point-in-time
Line of credit and short term loans	`ShortTermBorrowings`	$1.16M	USD	Point-in-time
Line of credit and short term loans	`ShortTermBorrowings`	$2.64M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$60.07K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$24.63K	USD	Point-in-time
Deferred origination fees	`DeferredOriginationFees`	$112.78K	USD	Point-in-time
Deferred origination fees	`DeferredOriginationFees`	$142.72K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$168.79K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$125.26K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.93M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.50M	USD	Point-in-time
Senior secured notes	`SeniorLongTermNotes`	$500.00K	USD	Point-in-time
Senior secured notes	`SeniorLongTermNotes`	$500.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$2.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.43M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred shares - $.01 par value; 5,000,000 shares authorized; no shares issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred shares - $.01 par value; 5,000,000 shares authorized; no shares issued	`PreferredStockValue`	-	USD	Point-in-time
Common shares - $.001 par value; 25,000,000 authorized; 4,405,190 issued and 4,324,459 outstanding	`CommonStockValue`	$4.41K	USD	Point-in-time
Common shares - $.001 par value; 25,000,000 authorized; 4,405,190 issued and 4,324,459 outstanding	`CommonStockValue`	$4.41K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$9.66M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$9.66M	USD	Point-in-time
Treasury stock, at cost- 80,731 shares	`TreasuryStockValue`	$241.40K	USD	Point-in-time
Treasury stock, at cost- 80,731 shares	`TreasuryStockValue`	$241.40K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.33M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.14M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$8.09M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$8.29M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$10.09M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$11.72M	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Interest income from loans	`InterestIncomeFromLoans`	$276.04K	USD	1 Quarter
Interest income from loans	`InterestIncomeFromLoans`	$558.40K	USD	2 Qtrs
Interest income from loans	`InterestIncomeFromLoans`	$332.46K	USD	1 Quarter
Interest income from loans	`InterestIncomeFromLoans`	$640.06K	USD	2 Qtrs
Origination fees	`OriginationFees`	$122.01K	USD	2 Qtrs
Origination fees	`OriginationFees`	$82.10K	USD	1 Quarter
Origination fees	`OriginationFees`	$65.57K	USD	1 Quarter
Origination fees	`OriginationFees`	$166.32K	USD	2 Qtrs
Total Revenue	`Revenues`	$806.39K	USD	2 Qtrs
Total Revenue	`Revenues`	$341.61K	USD	1 Quarter
Total Revenue	`Revenues`	$414.56K	USD	1 Quarter
Total Revenue	`Revenues`	$680.41K	USD	2 Qtrs
Interest and amortization of debt service costs	`InterestAndAmortizationOfDebtServiceCosts`	$63.16K	USD	2 Qtrs
Interest and amortization of debt service costs	`InterestAndAmortizationOfDebtServiceCosts`	$58.93K	USD	1 Quarter
Interest and amortization of debt service costs	`InterestAndAmortizationOfDebtServiceCosts`	$37.39K	USD	1 Quarter
Interest and amortization of debt service costs	`InterestAndAmortizationOfDebtServiceCosts`	$100.07K	USD	2 Qtrs
Referral fees	`ReferralFees`	$1.53K	USD	1 Quarter
Referral fees	`ReferralFees`	$3.66K	USD	2 Qtrs
Referral fees	`ReferralFees`	$1.41K	USD	2 Qtrs
Referral fees	`ReferralFees`	$763.00	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$196.21K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$193.95K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$364.18K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$370.92K	USD	2 Qtrs
Total operating costs and expenses	`OperatingCostsAndExpenses`	$467.92K	USD	2 Qtrs
Total operating costs and expenses	`OperatingCostsAndExpenses`	$256.67K	USD	1 Quarter
Total operating costs and expenses	`OperatingCostsAndExpenses`	$435.49K	USD	2 Qtrs
Total operating costs and expenses	`OperatingCostsAndExpenses`	$232.10K	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$244.92K	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$109.51K	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$338.47K	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$157.89K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$39.00K	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	$31.59K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$6.89K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$13.77K	USD	2 Qtrs
Income from operations before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$141.10K	USD	1 Quarter
Income from operations before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$352.25K	USD	2 Qtrs
Income from operations before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$164.78K	USD	1 Quarter
Income from operations before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$283.92K	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$84.70K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$54.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$157.20K	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$116.00K	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$167.92K	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$195.05K	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$80.08K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$87.10K	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.05	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.05	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.03	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.02	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.05	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.05	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.03	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.02	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	4.32M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	4.32M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	3.32M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	3.32M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.40M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	4.33M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	4.33M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.40M	shares	1 Quarter

Cash Flow Statement 51 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$167.92K	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$195.05K	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$80.08K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$87.10K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$4.84K	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$18.20K	USD	2 Qtrs
Depreciation	`DepreciationNonproduction`	$1.52K	USD	2 Qtrs
Depreciation	`DepreciationNonproduction`	$322.00	USD	2 Qtrs
Non cash compensation expense	`ShareBasedCompensation`	$19.50K	USD	1 Quarter
Non cash compensation expense	`ShareBasedCompensation`	$7.73K	USD	2 Qtrs
Non cash compensation expense	`ShareBasedCompensation`	$4.31K	USD	1 Quarter
Non cash compensation expense	`ShareBasedCompensation`	$30.75K	USD	2 Qtrs
Interest receivable on loans	`IncreaseDecreaseInAccruedInterestReceivableNet`	$9.57K	USD	2 Qtrs
Interest receivable on loans	`IncreaseDecreaseInAccruedInterestReceivableNet`	$25.43K	USD	2 Qtrs
Other current and non current assets	`IncreaseDecreaseInOtherOperatingAssets`	$38.83K	USD	2 Qtrs
Other current and non current assets	`IncreaseDecreaseInOtherOperatingAssets`	$33.38K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-35.44K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.64K	USD	2 Qtrs
Deferred origination fees	`IncreaseDecreaseInDeferredOriginationFees`	$-28.42K	USD	2 Qtrs
Deferred origination fees	`IncreaseDecreaseInDeferredOriginationFees`	$-29.94K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$16.00K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-43.53K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$195.90K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$115.96K	USD	2 Qtrs
Investment in real estate	`PaymentsToAcquireBuildings`	-	USD	2 Qtrs
Investment in real estate	`PaymentsToAcquireBuildings`	$675.00K	USD	Point-in-time
Investment in real estate	`PaymentsToAcquireBuildings`	$675.00K	USD	2 Qtrs
Issuance of short term loans	`IssuanceOfShortTermLoans`	$5.90M	USD	2 Qtrs
Issuance of short term loans	`IssuanceOfShortTermLoans`	$3.27M	USD	2 Qtrs
Collections received from loans	`ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment`	$4.24M	USD	2 Qtrs
Collections received from loans	`ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment`	$2.31M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.65M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.63M	USD	2 Qtrs
Proceeds from loans and line of credit, net	`ProceedsFromLoansAndLineOfCredit`	$1.48M	USD	2 Qtrs
Proceeds from loans and line of credit, net	`ProceedsFromLoansAndLineOfCredit`	$1.06M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.06M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.48M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-377.58K	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-55.40K	USD	2 Qtrs
Cash and cash equivalents, beginning of the year	`CashAndCashEquivalentsAtCarryingValue`	$386.02K	USD	Point-in-time
Cash and cash equivalents, beginning of the year	`CashAndCashEquivalentsAtCarryingValue`	$8.45K	USD	Point-in-time
Cash and cash equivalents, beginning of the year	`CashAndCashEquivalentsAtCarryingValue`	$166.51K	USD	Point-in-time
Cash and cash equivalents, beginning of the year	`CashAndCashEquivalentsAtCarryingValue`	$221.91K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$386.02K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$8.45K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$166.51K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$221.91K	USD	Point-in-time
Taxes paid during the period	`IncomeTaxesPaid`	$100.00K	USD	2 Qtrs
Taxes paid during the period	`IncomeTaxesPaid`	$200.73K	USD	2 Qtrs
Interest paid during the period	`InterestPaid`	$44.97K	USD	2 Qtrs
Interest paid during the period	`InterestPaid`	$79.21K	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.