Founded in 2006 by Perry Capital and Xerion Capital veteran Michael Rothenberg, Moab Capital Partners is a New York - based SEC - registered RIA with approximately $ 485 million in
consolidated assets under management across hedge funds and other product offerings.
Not exact matches
Those
assets were eventually
consolidated under Power Corp., an international financial services conglomerate that includes Great - West Lifeco and IGM Financial.
Under Previous Standards, we did not reflect advertising fund contributions or advertising fund expenditures in our
Consolidated Statement of Operations, and temporary net differences between contributions and expenses were reflected as prepaid
assets or accrued liabilities on our
consolidated balance sheet.
In general, deferred tax
assets represent future tax benefits to be received when certain expenses previously recognized in our
consolidated statements of operations become deductible expenses
under applicable income tax laws, or loss or credit carryforwards are utilized.
The Company accounts for fuel derivative financial instruments at fair value and recognizes such instruments in the accompanying
consolidated balance sheets in other current
assets under prepaid expenses and other
assets if the total net unsettled fair value balance is in a gain position, or other current liabilities if in a net loss position.
Third, there were some
asset purchases and rationalizing of
assets between the portfolio companies during the past 4 months; Several oil / gas well drilling companies /
assets were acquired by different affiliates within the portfolio, then the companies /
assets were
consolidated under Steel Excel (the shell of the old ADAPTEC), presumably upstreaming some cash from Steel Excel to the holding company for further investments.