Emergent Capital, Inc. reported consolidated earnings results for the fourth quarter and year ended December 31, 2017. For the quarter, the company reported total loss from continuing operations of $1.7 million compared to total income from continuing operations of $3.7 million for the same period in 2016. The Company reported a net loss from continuing operations of $2.9 million, or $0.02 per diluted share for the three months ended December 31, 2017, compared to a net loss of 23.6 million, or $0.84 per diluted share for the same period in 2016. The net loss for the quarter ended December 31, 2017 includes an income tax benefit of $3.2 million. There was no income tax benefit during the quarter ended December 31, 2016. For the year, the company reported total income from continuing operations of $51.9 million compared to $1.1 million during the same period in 2016. The increase is primarily due to 13 policy maturities during the year ended December 31, 2017 which resulted in a net gain of $35.9 million compared to 12 policy maturities and a net gain of approximately $17.9 million for the year ended December 31, 2016. Income from continuing operations for 2016 was further impacted by the adoption of the 2015 VBT, which reduced the fair value of the Company's life settlements by $17.6 million. The Company reported a net loss from continuing operations of $3.2 million, or $0.04 per fully diluted share, for the year ended December 31, 2017 compared to a net loss of $49.4 million, or $1.79 per fully diluted share, for the same period in 2016. The company had a loss of $3.5 million as compared to a loss of $49.7 million for the same period in 2016, a $46.2 million improvement.