Annual report pursuant to Section 13 and 15(d)

Consolidated Statements Of Financial Condition

v3.20.4
Consolidated Statements Of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 90,037 $ 20,723
Restricted cash 350 529
Trade accounts receivable, net 29,507 13,104
Trade inventory 31,846 22,843
Real estate ($9,031 in 2020 and $11,297 in 2019 held for sale) 55,800 65,818
Investments in and advances to unconsolidated real estate joint ventures 58,010 57,330
Investment in and advances to IT'SUGAR, LLC 22,976  
Note receivable from Bluegreen Vacations Holding Corporation 75,000  
Property and equipment, net 7,803 29,836
Goodwill 8,277 37,248
Intangible assets, net 22,420 6,671
Operating lease assets 13,488 87,082
Deferred tax asset, net 7,424 3,280
Other assets 24,718 16,051
Discontinued operations total assets   992
Total assets 447,656 361,507
Liabilities:    
Accounts payable 14,472 10,104
Accrued expenses 30,852 14,115
Other liabilities 5,455 6,336
Due to parent   1,362
Operating lease liabilities 14,141 99,568
Notes payable and other borrowings 73,483 42,736
Discontinued operations total liabilities   1,041
Deferred income taxes 834 1,415
Total liabilities 138,403 175,262
Commitments and contingencies (See Note 14)
Redeemable noncontrolling interest   4,009
Equity:    
Bluegreen Vacations Holding Corporation equity   179,681
Additional paid-in capital 310,588  
Accumulated deficit (3,457)  
Accumulated other comprehensive income 1,830 1,554
Total shareholders' equity 309,154 181,235
Noncontrolling interests 99 1,001
Total equity 309,253 182,236
Total liabilities and equity 447,656 $ 361,507
Class A Common Stock [Member]    
Equity:    
Common stock 156  
Class B Common Stock [Member]    
Equity:    
Common stock $ 37