Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Financial Condition

v3.22.1
Condensed Consolidated Statements Of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and cash equivalents $ 114,632 $ 118,045
Restricted cash 1,000 1,000
Trade accounts receivable, net 30,673 29,899
Trade inventory, net 48,353 41,895
Real estate ($5,075 in 2022 and $7,679 in 2021 held for sale) 19,069 22,868
Investments in and advances to unconsolidated real estate joint ventures 53,666 52,966
Note receivable from Bluegreen Vacations Holding Corporation 50,000 50,000
Property and equipment, net 28,736 30,611
Goodwill 18,414 18,414
Intangible assets, net 31,338 31,982
Operating lease assets 91,690 90,639
Deferred tax asset, net 4,056 3,776
Contingent purchase price receivable 19,283 19,925
Other assets 21,462 21,335
Total assets 532,372 533,355
Liabilities:    
Accounts payable 13,229 12,980
Accrued expenses 30,301 33,136
Other liabilities 5,479 5,002
Operating lease liabilities 104,943 103,262
Notes payable and other borrowings 55,575 54,883
Total liabilities 209,527 209,263
Commitments and contingencies (See Note 12)
Redeemable noncontrolling interest 1,137 1,144
Equity:    
Additional paid-in capital 311,344 310,588
Accumulated earnings 7,357 9,226
Accumulated other comprehensive income 1,954 1,836
Total shareholders' equity 320,810 321,805
Noncontrolling interests 898 1,143
Total equity 321,708 322,948
Total liabilities and equity 532,372 533,355
Class A Common Stock [Member]    
Equity:    
Common stock 118 118
Class B Common Stock [Member]    
Equity:    
Common stock $ 37 $ 37