Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Financial Condition

v3.21.1
Condensed Consolidated Statements Of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
ASSETS    
Cash and cash equivalents $ 87,807 $ 90,037
Restricted cash 350 350
Trade accounts receivable, net 29,489 29,507
Trade inventory 31,724 31,846
Real estate ($8,785 in 2021 and $9,031 in 2020 held for sale) 47,243 55,800
Investments in and advances to unconsolidated real estate joint ventures 60,402 58,010
Investment in and advances to IT'SUGAR, LLC 23,209 22,976
Note receivable from Bluegreen Vacations Holding Corporation 75,000 75,000
Property and equipment, net 7,856 7,803
Goodwill 6,936 8,277
Intangible assets, net 21,999 22,420
Operating lease assets 13,825 13,488
Deferred tax asset, net 7,470 7,424
Other assets 28,641 24,718
Total assets 441,951 447,656
Liabilities:    
Accounts payable 13,504 14,472
Accrued expenses 30,524 30,852
Other liabilities 5,649 5,455
Operating lease liabilities 13,643 14,141
Notes payable and other borrowings 68,947 73,483
Total liabilities 132,267 138,403
Commitments and contingencies (See Note 11)
Redeemable noncontrolling interest 200 100
Equity:    
Additional paid-in capital 308,455 310,588
Accumulated deficit (1,112) (3,457)
Accumulated other comprehensive income 1,942 1,830
Total shareholders' equity 309,475 309,154
Noncontrolling interests 209 99
Total equity 309,684 309,253
Total liabilities and equity 441,951 447,656
Class A Common Stock [Member]    
Equity:    
Common stock 153 156
Class B Common Stock [Member]    
Equity:    
Common stock $ 37 $ 37