Form 8-K

8-K — MEDALLION FINANCIAL CORP

Accession: 0001193125-26-437792

Filed: 2026-10-29

Period: 2026-10-29

CIK: 0001000209

SIC: 6199 (FINANCE SERVICES)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — mfin-20261029.htm (Primary)

EX-99.1 (mfin-ex99_1.htm)

GRAPHIC (img225047079_0.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K

8-K (Primary)

Filename: mfin-20261029.htm · Sequence: 1

8-K

false000100020900010002092026-10-292026-10-29

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 29, 2026

MEDALLION FINANCIAL CORP.

(Exact name of registrant as specified in its charter)

Delaware

(State or other jurisdiction of incorporation)

001-37747

(Commission File Number)

04-3291176

(IRS Employer Identification No.)

667 MADISON AVENUE, 22nd Floor

NEW YORK, New York 10065

(Address of Principal Executive Offices) (Zip Code)

(212) 328-2100

(Registrant’s Telephone Number, Including Area Code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, par value $0.01 per share

MFIN

NASDAQ Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 

Item 2.02 Results of Operations and Financial Condition.

Medallion Financial Corp. (the “Company”), issued a press release to the news media announcing, among other things, the Company’s results for the quarter ended September 30, 2026.

A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The information in the press release is being furnished, not filed, pursuant to Item 2.02. Accordingly, the information in the press release will not be incorporated by reference into any registration statement filed by the Company under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

The following exhibits are being filed with this Current Report on Form 8-K:

99.1

Press release, dated October 29, 2026

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: October 29, 2026

MEDALLION FINANCIAL CORP.

By:

/s/ Anthony N. Cutrone

Name: Anthony N. Cutrone

Title: Chief Financial Officer

EX-99.1

Filename: mfin-ex99_1.htm · Sequence: 2

EX-99.1

Exhibit 99.1

FOR IMMEDIATE RELEASE:

MEDALLION FINANCIAL CORP. REPORTS 2026 THIRD QUARTER RESULTS

NEW YORK, NY – October 29, 2026 – Medallion Financial Corp. (NASDAQ: MFIN) (“Medallion” or the “Company”), a specialty finance company that originates and services loans in various consumer and commercial industries, along with offering loan origination services to fintech strategic partners, today announced its financial results for the quarter ended September 30, 2026.

2026 Third Quarter Highlights

•

Total net income attributable to stockholders for the third quarter was $2.4 million, or $0.10 per share, compared to $7.8 million, or $0.32 per share, in the prior year quarter.

•

Net interest income grew 5% to $58.4 million from $55.7 million in the prior year quarter.

•

Net interest margin (“NIM”) was 7.34% compared to 8.21% in the prior year quarter.

•

Loan originations grew 41% to $603.9 million, compared to $427.4 million in the prior year quarter, and included $259.4 million of strategic partnership loan originations in the current quarter, compared to $208.4 million in the prior year quarter.

•

Total loan portfolio as of September 30, 2026 was $2.936 billion, up 15% compared to $2.559 billion a year ago.

•

Credit loss provision was $30.8 million, compared to $18.6 million in the prior year quarter. The current quarter credit loss provision included approximately $5.6 million related to allowance for credit losses tied to consumer loan growth, compared to $1.9 million in the prior year quarter.

•

Net book value per share at September 30, 2026 was $17.73 compared to $17.07 a year ago.

•

The Company declared and paid a quarterly cash dividend of $0.14 per share.

•

The Company repurchased 483,871 shares of its common stock at an average cost of $11.48 per share for $5.6 million.

•

Subsequent to quarter end, the Board of Directors approved a new $40 million stock repurchase program.

Executive Commentary

Andrew Murstein, President and Chief Executive Officer of Medallion Financial Corp., commented, "Our third quarter results further demonstrate the strength of our consumer lending platform. We continued to grow our loan portfolio, with total assets reaching a record level of more than $3.3 billion. During the quarter, recreation and home improvement loans increased 5% and 7%, respectively, from last quarter. They have grown 16% and 18% over the past twelve months. Total loan originations increased 41% year-over-year to $603.9 million. We are especially pleased with the growth in our home improvement loan origination volume, which grew by 145% in this quarter from last year.

As we’ve said previously, growth at these levels requires us to recognize large upfront day-one provisions, which reduced earnings significantly during the quarter. While these provisions result in an immediate impact on reported earnings, they reflect the expansion of our loan portfolio and position us to generate increased earnings and shareholder value over time. These day-one provisions are a large part of the decrease in earnings this quarter from the prior year.

We were also pleased to have successfully raised an additional $55 million of preferred stock at Medallion Bank through the reopening of our investment grade rated Series G Preferred Stock, underscoring the confidence investors continue to place in our business model and growth strategy. We expect this additional capital to be accretive to our shareholders as we deploy it in our consumer lending business in the coming quarters.

In addition, we repurchased $5.6 million of our common stock during the quarter and, subsequent to quarter end, completed our previously authorized $40 million stock repurchase program. Our board of directors has authorized a new $40 million stock repurchase program; we intend to remain disciplined and opportunistic in repurchasing shares while continuing to support the growth of our business and create long-term shareholder value.

Lastly, we were able to repurchase $15 million of our trust preferred securities in October at a meaningful discount, which will result in a gain on the extinguishment of that debt in the upcoming fourth quarter."

Business Highlights

Recreation Lending

•

Originations were $198.2 million during the quarter, up 40% compared to $141.7 million a year ago.

•

Recreation loans, including loans held for investment and loans held for sale, grew 16% to $1.853 billion, or 63% of total loans, as of September 30, 2026, compared to $1.603 billion, or 63%, a year ago.

•

Average loan size as of September 30, 2026 was $23,000 with a weighted average FICO score, measured at the time of loan origination, of 683.

•

Interest income grew 14% to $61.0 million for the quarter, from $53.6 million in the prior year quarter.

•

The weighted average interest rate was 15.01% at quarter-end, compared to 15.17% a year ago.

•

Recreation loans 90 days or more past due were $11.9 million, or 0.66% of gross recreation loans, as of September 30, 2026, compared to $8.9 million, or 0.57%, a year ago.

•

Allowance for credit losses as of September 30, 2026 was 5.30%, compared to 5.10% a year ago.

Home Improvement Lending

•

Originations were $146.3 million during the quarter, up 145% compared to $59.7 million a year ago.

•

Home improvement loans grew 18% to $947.5 million, or 32% of total loans, as of September 30, 2026, compared to $804.0 million, or 31%, a year ago.

•

Average loan size as of September 30, 2026 was $26,500 with a weighted average FICO score, measured at the time of loan origination, of 768.

•

Interest income grew 5% to $21.4 million for the quarter, compared to $20.5 million in the prior year quarter.

•

The weighted average interest rate was 9.52% at quarter-end, compared to 9.87% a year ago.

•

Home improvement loans 90 days or more past due were $1.7 million, or 0.18% of gross home improvement loans, as of September 30, 2026, compared to $1.3 million, or 0.16%, a year ago.

•

Allowance for credit losses as of September 30, 2026 was 2.59%, compared to 2.55% a year ago.

Commercial Lending

•

Commercial loans were $118.7 million as of September 30, 2026, compared to $135.1 million a year ago.

•

Average loan size was $4.0 million as of September 30, 2026, invested across 30 portfolio companies.

•

Interest income was $3.2 million for the quarter, compared to $4.2 million in the prior year quarter.

•

The average interest rate on the portfolio was 14.36% as of September 30, 2026, compared to 13.71% a year ago.

Strategic Partnerships

•

Originations were $259.4 million during the quarter, up 25% compared to $208.4 million a year ago.

•

Total strategic partnership loans held for sale as of September 30, 2026 were $15.2 million, compared to $15.3 million a year ago.

•

Fees generated from strategic partnerships were $0.8 million for the quarter, compared to $1.0 million in the prior year quarter.

•

The average holding period of strategic partnership loans was approximately five days.

•

In September 2026, rFinance Credit Company (finance affiliate of Renewal by Andersen) was added as the sixth partner to the strategic partnership program.

Taxi Medallion Lending

•

The Company collected $1.7 million of cash on taxi medallion-related assets during the quarter, which resulted in net recoveries and gains of $1.1 million.

•

Total net taxi medallion-related assets declined to $3.0 million, a 42% reduction from a year ago, and represented less than 0.1% of the Company’s total assets, as of September 30, 2026.

Average Balances and Rates

The following table presents our consolidated average balance sheets, interest income and expense, and the average interest earning/bearing assets and liabilities and reflects the average yield on assets and average costs on liabilities as of and for the three months ended September 30, 2026 and 2025.

Three Months Ended September 30,

2026

2025

(Dollars in thousands)

Average

Balance

Interest

Average

Yield/Cost

Average

Balance

Interest

Average

Yield/Cost

Interest-earning assets

Interest earning cash equivalents

67,550

598

3.51

22,094

177

3.18

Federal funds sold

134,558

1,292

3.81

71,673

1,046

5.79

Investment securities

67,747

700

4.10

60,900

614

4.00

Loans

Recreation

1,816,101

60,977

13.32

1,579,820

53,565

13.45

Home improvement

926,228

21,403

9.17

802,745

20,453

10.11

Commercial

123,946

3,239

10.37

130,486

4,354

13.24

Taxi medallion

1,240

17.60

1,593

22.66

Strategic partnerships

16,442

626

15.11

12,794

471

14.67

Total loans

2,883,957

86,300

11.87

2,527,438

78,934

12.39

Total interest-earning assets

3,153,812

88,890

11.18

2,682,105

80,771

11.92

Non-interest-earning assets

Allowance for credit losses

(128,384

)

(108,719

)

Cash

10,052

49,133

Equity investments

8,596

8,903

Loan collateral in process of foreclosure

6,432

8,517

Goodwill and intangible assets

167,603

169,048

Other assets

67,576

61,459

Total non-interest-earning assets

131,875

188,341

Total assets

3,285,687

2,870,446

Interest-bearing liabilities

Deposits

2,424,820

24,998

4.09

2,066,763

20,502

3.94

Privately placed notes

190,250

4,185

8.73

146,500

3,166

8.57

SBA debentures and borrowings

72,250

814

4.47

77,750

855

4.36

Trust preferred securities

33,000

514

6.18

33,000

562

6.76

Total interest-bearing liabilities

2,720,320

30,511

4.45

2,324,013

25,085

4.28

Non-interest-bearing liabilities

Deferred tax liability

18,242

18,985

Other liabilities (1)

30,930

23,872

Total non-interest-bearing liabilities

49,172

42,857

Total liabilities

2,769,492

2,366,870

Non-controlling interest

112,991

111,201

Total stockholders’ equity

403,204

392,375

Total liabilities and stockholders’ equity

3,285,687

2,870,446

Net interest income

58,379

55,686

Net interest margin

7.34

8.21

(1)

Includes deferred financing costs of $9.9 million and $9.0 million as of September 30, 2026 and 2025.

Loan Portfolio

The following table provides information regarding the composition of our loan portfolio for the dates presented:

September 30, 2026

December 31, 2025

September 30, 2025

(Dollars in thousands)

Amount

As a

Percent of

Total Loans

Amount

As a

Percent of

Total Loans

Amount

As a

Percent of

Total Loans

Loans held for investment:

Recreation

1,852,958

1,617,221

1,545,528

Home improvement

947,503

810,237

804,003

Commercial

118,691

123,068

135,123

Taxi medallion

1,209

1,179

1,509

Total loans

2,920,361

2,551,705

100

2,486,163

Loans held for sale, at lower of amortized cost or fair value:

Recreation

—

57,641

Strategic partnership

15,233

15,144

15,277

Total loans held for sale, at lower of amortized cost or fair value

15,233

15,144

72,918

Total loans and loans held for sale

2,935,594

100

2,566,849

100

2,559,081

100

(*) Less than 1%.

Balance Sheet

•

Cash and cash equivalents, including investment securities, as of September 30, 2026, were $306.9 million, compared to $212.1 million as of September 30, 2025.

•

As of September 30, 2026, total assets were $3.361 billion, up from $2.900 billion as of September 30, 2025.

•

As of September 30, 2026, total liabilities were $2.810 billion, up from $2.404 billion as of September 30, 2025.

Capital Allocation

Quarterly Dividend

•

The Board of Directors declared a quarterly dividend of $0.14 per share, payable on November 19, 2026, to stockholders of record at the close of business on November 9, 2026.

Dividends Announced

Amount

Per Share

Record

Date

Payment

Date

Q4 2026

0.14

11/9/2026

11/19/2026

Q3 2026

0.14

8/17/2026

8/31/2026

Q2 2026

0.14

5/11/2026

5/21/2026

Q1 2026

0.12

3/19/2026

3/31/2026

Total: Year 2026

0.54

Total: Year 2025

0.47

Total: Year 2024

0.41

Total: Year 2023

0.34

Total: Year 2022 *

0.32

(*) Dividend reinstated in Q1 2022.

Stock Repurchase Plan

•

During the quarter ended September 30, 2026, the Company repurchased 483,871 shares of its common stock at an average cost of $11.48 per share for $5.6 million.

•

As of September 30, 2026, the Company had $1.2 million remaining under its $40 million stock repurchase program, all of which was utilized subsequent to quarter end.

•

On October 27, 2026, the Board of Directors approved a new stock repurchase plan in the amount of $40 million. Under the repurchase program, we may repurchase our outstanding shares of common stock from time to time in open market or privately-negotiated transactions, including accelerated share repurchase transactions, block trades, or pursuant to 10b5-1 trading plans. Any repurchases will be at management’s discretion and will be subject to market conditions, the price of the Company’s shares and other factors. The stock repurchase program may be modified, suspended or terminated by the Board of Directors at any time.

Conference Call Information

The Company will host a conference call to discuss its third quarter financial results tomorrow, Friday, October 30, 2026, at 9:00 a.m. Eastern time.

In connection with its earnings release, the Company has updated its quarterly supplement presentation, which is now available at www.medallion.com.

How to Participate

•

Date: Friday, October 30, 2026

•

Time: 9:00 a.m. Eastern time

•

Dial-in number: (833) 816-1412 or (412) 317-0504

•

Live webcast: Link to Webcast of 3Q26 Earnings Call

A link to the live audio webcast of the conference call will also be available at the Company’s IR website.

Replay Information

The conference call replay will be available following the end of the call through Friday, November 6, 2026

•

Dial-in: (844) 512-2921 or (412) 317-6671

•

Passcode: 1021 2416

Additionally, the webcast replay will be available at the Company’s IR website.

About Medallion Financial Corp.

Medallion Financial Corp. (NASDAQ: MFIN) and its subsidiaries originate and service a portfolio of consumer loans and mezzanine loans in various industries. Key industries served include recreation (towable RVs and marine) and home improvement (swimming pools, replacement roofs, and windows). Medallion Financial Corp. is headquartered in New York City, NY, and its largest subsidiary, Medallion Bank, is headquartered in Salt Lake City, Utah. For more information, please visit www.medallion.com.

Forward-Looking Statements

Please note that this press release contains forward-looking statements that involve risks and uncertainties relating to business performance, cash flow, net interest income and expenses, other expenses, earnings, growth, and our growth strategy. These statements are often, but not always, made using words or phrases such as “will” and “continue” or the negative version of those words or other comparable words or phrases of a future or forward-looking nature. These statements relate to future public announcements of our earnings, expectations regarding our loan portfolio, including collections on our taxi medallion loans, the potential for future asset growth, and market share opportunities. Medallion’s actual results may differ significantly from the results discussed in such forward-looking statements. For example, statements about the effects of the current economy, whether inflation or the risk of recession, the effects of tariffs, the impact of the conflict with Iran, operations, financial performance and prospects constitute forward-looking statements and are subject to the risk that the actual impacts may differ, possibly materially, from what is reflected in those forward-looking statements due to factors and future developments that are uncertain, unpredictable and in many cases beyond Medallion’s control. In addition to risks relating to the current economy, for a description of certain risks to which Medallion is or may be subject, please refer to the factors discussed under the heading “Risk Factors” in Medallion’s 2025 Annual Report on Form 10-K.

Investor Relations

InvestorRelations@medallion.com

212-328-2176

MEDALLION FINANCIAL CORP.

CONSOLIDATED BALANCE SHEETS

(UNAUDITED)‌

(Unaudited)

(Dollars in thousands, except share and per share data)

September 30, 2026

December 31, 2025

September 30, 2025

Assets

Cash, cash equivalents, and federal funds sold

243,056

201,564

150,978

Investment securities

63,853

60,183

61,081

Equity investments

8,185

8,099

9,305

Loans held for sale, at lower of amortized cost or fair value

15,233

15,144

72,918

Loans

2,920,361

2,551,705

2,486,163

Allowance for credit losses

(133,895

)

(114,789

)

(111,053

)

Net loans receivable

2,786,466

2,436,916

2,375,110

Goodwill and intangible assets, net

167,420

168,504

168,866

Accrued interest receivable

21,967

19,401

16,973

Property, equipment, and right-of-use lease asset, net

17,184

11,861

10,839

Loan collateral in process of foreclosure

6,570

7,333

8,235

Other assets

30,710

26,459

26,082

Total assets

3,360,644

2,955,464

2,900,387

Liabilities

Deposits

2,386,276

2,084,265

2,055,802

Long-term debt

287,837

215,987

215,698

Short-term borrowings

77,000

95,250

80,250

Deferred tax liabilities, net

16,701

19,596

19,019

Operating lease liabilities

11,409

5,041

3,459

Accrued interest payable

6,967

6,319

5,290

Accounts payable and accrued expenses

23,354

20,960

23,992

Total liabilities

2,809,544

2,447,418

2,403,510

Total stockholders’ equity

399,758

408,617

397,448

Non-controlling interest in consolidated subsidiaries

151,342

99,429

Total equity

551,100

508,046

496,877

Total liabilities and equity

3,360,644

2,955,464

2,900,387

Number of shares outstanding

22,550,694

23,311,683

23,279,435

Book value per share

17.73

17.53

17.07

MEDALLION FINANCIAL CORP.‌

CONSOLIDATED STATEMENTS OF OPERATIONS

(UNAUDITED)‌

Three Months Ended September 30,

Nine Months Ended September 30,

(Dollars in thousands, except share and per share data)

2026

2025

2026

2025

Total interest income

88,890

80,771

252,335

233,637

Total interest expense

30,511

25,085

82,650

73,170

Net interest income

58,379

55,686

169,685

160,467

Provision for credit losses

30,769

18,556

75,518

62,132

Net interest income after provision for credit losses

27,610

37,130

94,167

98,335

Other income

Gain on taxi medallion assets, net

1,090

1,767

3,506

3,359

Strategic partnership fees

762

990

2,722

2,461

Gain on sale of recreation and home improvement loans

1,682

—

2,963

1,304

Gain (loss) on equity investments, net

(217

)

257

329

15,783

Other income

107

788

951

Total other income, net

3,424

3,048

10,308

23,858

Other expenses

Salaries and employee benefits

10,799

10,145

33,046

30,286

Loan servicing fees

3,989

2,852

11,892

8,568

Collection costs

1,871

1,970

5,739

5,742

Professional fee costs, net

1,592

1,073

4,932

4,010

Regulatory fees

1,120

680

3,101

2,610

Rent expense

710

680

2,105

2,036

Depreciation

661

625

1,949

1,871

Director compensation

467

445

1,340

1,281

Amortization of intangible assets

361

1,084

Other expenses

2,396

1,871

6,105

5,518

Total other expenses

23,966

20,702

71,293

63,006

Income before income taxes

7,068

19,476

33,182

59,187

Income tax provision

2,336

5,862

11,381

18,380

Net income

4,732

13,614

21,801

40,807

Less: income attributable to the non-controlling interest

2,335

2,336

7,006

6,446

Less: redemption of non-controlling interest

—

3,515

—

3,515

Net income attributable to Medallion Financial Corp.

2,397

7,763

14,795

30,846

Basic net income per share

0.11

0.34

0.64

1.36

Diluted net income per share

0.10

0.32

0.61

1.28

Weighted average common shares outstanding

Basic

22,686,300

22,854,836

23,010,224

22,737,572

Diluted

23,647,271

24,437,133

24,067,423

24,131,840

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Oct. 29, 2026

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For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 2 such as Street or Suite number

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine2

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

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