Annual report pursuant to Section 13 and 15(d)

Note 23 - IT'SUGAR Bankruptcy - Assets Acquired and Liabilities Assumed at Consolidation (Details)

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Note 23 - IT'SUGAR Bankruptcy - Assets Acquired and Liabilities Assumed at Consolidation (Details) - USD ($)
$ in Thousands
Jun. 17, 2021
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Goodwill   $ 18,414 $ 18,414 $ 8,277 $ 37,248
IT’SUGAR [Member]          
Cash $ 6,909        
Trade accounts receivable 584        
Trade inventory 5,337        
Property and equipment 19,291        
Identifiable intangible assets (1) [1] 9,670        
Operating lease assets (2) [2] 54,253        
Other assets 3,323        
Total assets acquired 99,367        
Accounts payable (2,517)        
Accrued expenses (8,445)        
Other liabilities (124)        
Operating lease liability (62,975)        
Notes payable and other borrowings(3) [3] (10,054)        
Total liabilities assumed (84,115)        
Fair value of identifiable net assets 15,252        
Fair value of net assets acquired 28,590        
Fair value of redeemable noncontrolling interest 936        
Fair value of IT'SUGAR 29,526        
Goodwill 14,274        
Gain on the consolidation of IT'SUGAR(4) [4] $ 15,890        
[1] Identifiable intangible assets primarily represents the estimated fair value of IT’SUGAR’s trademark, which is being amortized over an estimated expected useful life of 15 years.
[2] Includes a net intangible liability of $8.7 million related to off market rents related to certain of IT’SUGAR’s retail locations that is expected to be recognized over a weighted average lease term of approximately 8 years.
[3] Notes payable and other borrowings reflects amounts due to the Company’s wholly-owned subsidiary that have been eliminated in consolidation as of and subsequent to the consolidation date.
[4] The gain is comprised of the remeasurement of the Company’s equity interest in IT’SUGAR at fair value.