Company:  IMPERIAL HOLDINGS, INC. (IFT)
Form Type:  10-K
Filing Date:  3/28/2013 
CIK:  0001494448 
Address:  701 PARK OF COMMERCE BOULEVARD
SUITE 301
 
City, State, Zip:  BOCA RATON, Florida 33487 
Telephone:  561-995-4200 
Fiscal Year:  12/31 
Last Trade
Last Trade: 
$6.80  
Change: 
0.00 (0.00%)  
Trade Time: 
04:01 PM EST  
Market Cap: 
$145.27M
Description of Business
Founded in December 2006 as a Florida limited liability company, Imperial Holdings, LLC, converted into Imperial Holdings, Inc. (with its subsidiaries, the �Company� or �Imperial�) on February 3, 2011, in connection with the Company�s initial public offering. Incorporated in Florida, Imperial owns and manages a portfolio of 612 life insurance policies, also referred to as life settlements, with a fair value of $303.0 million and an aggregate death benefit of approximately $3.0 billion at December 31, 2013. The Company primarily earns income on these policies from changes in their fair value and through death benefits when a policy matures. The Company has historically operated in two reportable business segments: life finance and structured settlements. On October 25, 2013, the Company sold its structured settlements business. See �Discontinued Operations� below.
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  FORM 10-K
    PART I
      Item 1. Business
      Item 1A. Risk Factors
      Item 1B. Unresolved Staff Comments
      Item 2. Properties
      Item 3. Legal Proceedings
      Item 4. Mine Safety Disclosures.
    PART II
      Item 5. Market for Registrant's Common Equity, Related ...
      Item 6. Selected Financial Data
        BALANCE SHEET
      Item 7. Management's Discussion and Analysis of Financial ...
        Results of Operations
          INCOME STATEMENT
        Liquidity and Capital Resources
          CASH FLOW
      Item 7A. Quantitative and Qualitative Disclosures about ...
      Item 8. Financial Statements and Supplementary Data
      Item 9. Changes in and Disagreements with Accountants on ...
      Item 9A. Controls and Procedures
      Item 9B. Other Information
    PART III
      Item 10. Directors, Executive Officers and Corporate Governance
      Item 11. Executive Compensation
      Item 12. Security Ownership of Certain Beneficial Owners and ...
      Item 13. Certain Relationships and Related Transactions, and ...
      Item 14. Principal Accountant Fees and Services
    PART IV
      Item 15. Exhibits and Financial Statement Schedules
    SIGNATURES
    BALANCE SHEET
    INCOME STATEMENT
    STOCKHOLDERS EQUITY
    CASH FLOW
    NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
      NOTE 22-SUBSEQUENT EVENTS
    EXHIBIT INDEX
  EXHIBIT 4.2
  EXHIBIT 10.20
  EXHIBIT 21.1
    SUBSIDIARIES
  EXHIBIT 23.1
    Consent of Independent Registered Public Accounting Firm
  EXHIBIT 31.1
    CERTIFICATIONS
  EXHIBIT 31.2
    CERTIFICATIONS
  EXHIBIT 32.1
    Certification of the Chief Executive Officer
  EXHIBIT 32.2
    Certification of the Chief Financial Officer
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