Revenues:

BBX Capital Real Estate

BBX Sweet Holdings

Renin

Other

Reconciling Items and Eliminations

Segment Total

Trade sales

$

—

29,357 

33,488 

2,905 

(1)

65,749 

Sales of real estate inventory

6,470 

—

—

—

—

6,470 

Interest income

545 

—

—

—

604 

1,149 

Net gains on sales of real estate assets

1,329 

—

—

—

—

1,329 

Other revenue

516 

—

—

445 

(182)

779 

Total revenues

8,860 

29,357 

33,488 

3,350 

421 

75,476 

Costs and expenses:

Cost of trade sales

—

18,373 

31,774 

859 

—

51,006 

Cost of real estate inventory sold

2,235 

—

—

—

—

2,235 

Interest expense

—

247 

566 

1 

(278)

536 

Recoveries from loan losses, net

(648)

—

—

—

—

(648)

Impairment losses

—

64 

—

—

—

64 

Selling, general and administrative expenses

2,398 

12,675 

4,660 

1,999 

5,632 

27,364 

Total costs and expenses

3,985 

31,359 

37,000 

2,859 

5,354 

80,557 

Operating income (losses)

4,875 

(2,002)

(3,512)

491 

(4,933)

(5,081)

Equity in net earnings of unconsolidated real estate joint ventures

1,532

—

—

—

—

1,532

Other income

(13)

872 

—

2 

123 

984 

Foreign exchange loss

—

—

(189)

—

—

(189)

Income (loss) before income taxes

$

6,394

(1,130)

(3,701)

493 

(4,810)

(2,754)

Total assets

$

186,617

139,991 

108,952 

6,809 

90,003

532,372

Expenditures for property and equipment

$

—

1,357

270

26

231

1,884

Depreciation and amortization

$

—

1,493

819

33

57

2,402

Debt accretion and amortization

$

9

44

32

—

—

85

Cash and cash equivalents

$

74,412 

7,713 

523 

2,009 

29,975 

114,632 

Real estate equity method investments

$

53,666

—

—

—

—

53,666

Goodwill

$

—

14,274 

4,140 

—

—

18,414 

Notes payable and other borrowings

$

5,535 

15,966 

48,077 

22 

(14,025)

55,575 

BBX Capital Real Estate

BBX Sweet Holdings

Renin

Other

Reconciling Items and Eliminations

Segment Total

Revenues:

Trade sales

$

—

4,982 

38,691 

2,241 

—

45,914 

Sales of real estate inventory

13,535 

—

—

—

—

13,535 

Interest income

475 

—

—

—

1,175 

1,650 

Net gains on sales of real estate assets

105 

—

—

—

—

105 

Other revenue

398 

—

—

430 

(157)

671 

Total revenues

14,513 

4,982 

38,691 

2,671 

1,018 

61,875 

Costs and expenses:

Cost of trade sales

—

3,828 

32,656 

409 

—

36,893 

Cost of real estate inventory sold

7,858 

—

—

—

—

7,858 

Interest expense

—

26 

410 

1 

(147)

290 

Recoveries from loan losses, net

(508)

—

—

—

—

(508)

Selling, general and administrative expenses

1,974 

1,571 

4,304 

1,506 

3,843 

13,198 

Total costs and expenses

9,324 

5,425 

37,370 

1,916 

3,696 

57,731 

Operating income (losses)

5,189 

(443)

1,321 

755 

(2,678)

4,144 

Equity in net loss of unconsolidated real estate joint ventures

(271)

—

—

—

—

(271)

Other income

—

26 

—

(1)

38 

63 

Foreign exchange loss

—

—

(480)

—

—

(480)

Income (loss) before income taxes

$

4,918 

(417)

841 

754 

(2,640)

3,456 

Total assets

$

163,449 

27,007 

105,216 

7,141 

139,138 

441,951 

Expenditures for property and equipment

$

—

3 

237 

12 

14 

266 

Depreciation and amortization

$

—

81 

631 

30 

49 

791 

Debt accretion and amortization

$

219 

19 

12 

—

—

250 

Cash and cash equivalents

$

31,924

1,001

1,939

1,985

50,958

87,807 

Real estate equity method investments

$

60,402

—

—

—

—

60,402 

Goodwill

$

—

—

6,936

—

—

6,936 

Notes payable and other borrowings

$

21,028

1,407

46,473

39

—

68,947