Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Stockholders' Deficit

v3.21.1
Consolidated Statements of Changes in Stockholders' Deficit - USD ($)
shares in Thousands, $ in Thousands
Total
Preferred Stock
Common Stock
Treasury Stock
Additional Paid-In Capital (Deficit)
Accumulated Deficit
Noncontrolling Interest
Parent
Beginning balance (in shares) at Dec. 31, 2017     73,110 0        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Member redemptions (in shares)     (12,565)          
Pro-rata adjustment and forfeitures (in shares)     (724)          
Conversion of MI Acquisitions, Inc. shares (in shares)     6,667          
Founders' Shares (in shares)     (175)          
Vesting of equity-based compensation (in shares)     250          
Common stock issued for business acquisitions (in shares)     475          
Warrant redemptions (in shares)     0          
Shares repurchased (in shares)     0 0        
Ending balance (in shares) at Dec. 31, 2018   0 67,038 0        
Beginning balance at Dec. 31, 2017     $ 73 $ 0 $ 0 $ (95,978) $ 0  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Member redemptions     (13)   (36,548) (28,342)    
Conversion of MI Acquisitions, Inc. shares     7   49,382      
Vesting of share-based compensation         1,063 586    
Repurchases of common stock       0        
Distributions to members         (7,075)      
Vesting of share-based compensation         0      
Founders' Shares         (2,118)      
Recapitalization costs         (9,704)      
Common stock issued for business combinations $ 5,000       5,000      
Net deferred income tax asset related to loss of partnership status           47,485    
Net income (loss) attributable to stockholders of Priority Technology Holdings, Inc. (17,836)         (17,836)    
Issuance of NCI in subsidiary             0  
Redemption of NCI in subsidiary             0  
Earnings attributable to redeemable and redeemed NCIs             0  
Earnings distributed to redeemable and redeemed NCIs             0  
Ending balance at Dec. 31, 2018 (94,018) $ 0 $ 67 $ 0 0 (94,085) 0 $ (94,018)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Member redemptions (in shares)     0          
Pro-rata adjustment and forfeitures (in shares)     0          
Conversion of MI Acquisitions, Inc. shares (in shares)     0          
Founders' Shares (in shares)     0          
Vesting of equity-based compensation (in shares)     54          
Common stock issued for business acquisitions (in shares)     0          
Warrant redemptions (in shares)     420          
Shares repurchased (in shares)     (451) (451)        
Ending balance (in shares) at Dec. 31, 2019   0 67,061 451        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Member redemptions     $ 0   0 0    
Conversion of MI Acquisitions, Inc. shares     0   0      
Vesting of share-based compensation     1   3,652 0    
Repurchases of common stock       $ (2,388)        
Distributions to members         0      
Vesting of share-based compensation         (1)      
Founders' Shares         0      
Recapitalization costs         0      
Common stock issued for business combinations 0       0      
Net deferred income tax asset related to loss of partnership status           0    
Net income (loss) attributable to stockholders of Priority Technology Holdings, Inc. (33,589)         (33,589)    
Issuance of NCI in subsidiary             5,654  
Redemption of NCI in subsidiary             0  
Earnings attributable to redeemable and redeemed NCIs             0  
Earnings distributed to redeemable and redeemed NCIs             0  
Ending balance at Dec. 31, 2019 (120,689) $ 0 $ 68 $ (2,388) 3,651 (127,674) 5,654 (126,343)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Member redemptions (in shares)     0          
Pro-rata adjustment and forfeitures (in shares)     0          
Conversion of MI Acquisitions, Inc. shares (in shares)     0          
Founders' Shares (in shares)     0          
Vesting of equity-based compensation (in shares)     330          
Common stock issued for business acquisitions (in shares)     0          
Warrant redemptions (in shares)     0          
Shares repurchased (in shares)     0 0        
Ending balance (in shares) at Dec. 31, 2020     67,391 451        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Member redemptions     $ 0   0 0    
Conversion of MI Acquisitions, Inc. shares     0   0      
Vesting of share-based compensation         2,118 0    
Repurchases of common stock       $ 0        
Distributions to members         0      
Founders' Shares         0      
Recapitalization costs         0      
Common stock issued for business combinations 0       0      
Net deferred income tax asset related to loss of partnership status           0    
Net income (loss) attributable to stockholders of Priority Technology Holdings, Inc. 25,661         25,661    
Issuance of NCI in subsidiary             0  
Redemption of NCI in subsidiary             (5,654)  
Earnings attributable to redeemable and redeemed NCIs             45,398  
Earnings distributed to redeemable and redeemed NCIs             (45,398)  
Ending balance at Dec. 31, 2020 $ (98,564)   $ 68 $ (2,388) $ 5,769 $ (102,013) $ 0 $ (98,564)