Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Financial Condition

v3.21.2
Condensed Consolidated Statements Of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and cash equivalents $ 113,547 $ 90,037
Restricted cash 1,450 350
Trade accounts receivable, net 30,502 29,507
Trade inventory 43,381 31,846
Real estate ($7,800 in 2021 and $9,031 in 2020 held for sale) 31,227 55,800
Investments in and advances to unconsolidated real estate joint ventures 49,051 58,010
Investment in and advances to IT'SUGAR, LLC   22,976
Note receivable from Bluegreen Vacations Holding Corporation 75,000 75,000
Property and equipment, net 29,953 7,803
Goodwill 18,222 8,277
Intangible assets, net 32,626 22,420
Operating lease assets 76,913 13,488
Deferred tax asset, net 6,472 7,424
Other assets 40,910 24,718
Total assets 549,254 447,656
Liabilities:    
Accounts payable 13,915 14,472
Accrued expenses 42,415 30,852
Other liabilities 5,902 5,455
Operating lease liabilities 88,091 14,141
Notes payable and other borrowings 66,475 73,483
Total liabilities 216,798 138,403
Commitments and contingencies (See Note 12)
Redeemable noncontrolling interest 1,147  
Equity:    
Additional paid-in capital 310,588 310,588
Accumulated earnings (deficit) 18,475 (3,457)
Accumulated other comprehensive income 1,838 1,830
Total shareholders' equity 331,069 309,154
Noncontrolling interests 240 99
Total equity 331,309 309,253
Total liabilities and equity 549,254 447,656
Class A Common Stock [Member]    
Equity:    
Common stock 131 156
Class B Common Stock [Member]    
Equity:    
Common stock $ 37 $ 37