Quarterly report pursuant to Section 13 or 15(d)

Note 17 - Segment Reporting - Segment Information (Details)

v3.23.3
Note 17 - Segment Reporting - Segment Information (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Sales $ 98,243 $ 72,703 $ 295,235 $ 226,244  
Interest income 2,545 1,576 6,736 3,968  
Net gains on sales of real estate assets 2,271 0 2,210 1,329  
Other revenue 280 955 939 2,862  
Total revenues 103,339 75,234 305,120 234,403  
Interest expense 810 615 2,245 1,660  
Recoveries from loan losses, net (177) (278) (3,284) (4,215)  
Impairment losses 349 311 349 375  
Selling, general and administrative expenses 34,120 29,073 102,143 86,498  
Total costs and expenses 112,924 84,334 335,464 251,648  
Operating income (losses) (9,585) (9,100) (30,344) (17,245)  
Equity in net earnings of unconsolidated real estate joint ventures 2,126 15,026 3,958 35,712  
Other income (loss) 1,155 (310) 4,042 777  
Foreign exchange gain 421 903 (113) 1,071  
Income (loss) before income taxes (7,141) 6,519 (6,638) 20,315  
Total assets 681,005 545,766 681,005 545,766 $ 562,841
Expenditures for property and equipment 1,865 4,111 10,925 10,061  
Depreciation and amortization 2,257 2,453 8,506 7,407  
Debt accretion and amortization 3 51 36 298  
Cash and cash equivalents 102,490 98,533 102,490 98,533 127,581
Real estate equity method investments 43,610 46,640 43,610 46,640  
Goodwill 49,614 18,414 49,614 18,414 18,414
Notes payable and other borrowings 44,847 44,218 44,847 44,218 $ 38,543
Impairment losses   311 349 375  
The Altman Companies [Member]          
Gain on the consolidation of The Altman Companies (2,393)        
The Altman Companies, LLC [Member]          
Gain on the consolidation of The Altman Companies (2,393) 0 3,802 0  
Gain (loss) on consolidation     3,802 (0)  
Other Investments in Real Estate Joint Ventures [Member]          
Gain (loss) on consolidation 1,135 0 12,017 0  
Trade [Member]          
Sales 61,462 71,097 186,379 209,431  
Cost of sales 45,307 54,057 137,641 160,661  
Real Estate [Member]          
Sales 2,712 1,606 8,929 16,813  
Cost of sales 570 556 2,107 6,669  
Construction [Member]          
Sales 29,067 0 90,678 0  
Cost of sales 31,945 0 94,263 0  
Management Service [Member]          
Sales 5,002   9,249    
Operating Segments [Member] | BBX Capital Real Estate (BBXRE) [Member]          
Interest income 1,973 970 6,058 2,165  
Net gains on sales of real estate assets 2,271   2,210 1,329  
Other revenue 51 442 152 1,443  
Total revenues 41,076 3,018 117,276 21,750  
Interest expense 28 0 74 0  
Recoveries from loan losses, net (177) (278) (3,284) (4,215)  
Impairment losses 0        
Selling, general and administrative expenses 7,337 3,196 19,842 8,956  
Total costs and expenses 39,703 3,785 113,002 11,721  
Operating income (losses) 1,373 (767) 4,274 10,029  
Equity in net earnings of unconsolidated real estate joint ventures 2,126 15,026 3,958 35,712  
Other income (loss) 829 0 1,173 (8)  
Foreign exchange gain 0 0 0 0  
Income (loss) before income taxes 3,070 14,259 25,224 45,733  
Total assets 355,384 208,652 355,384 208,652  
Expenditures for property and equipment 48 0 57 0  
Depreciation and amortization (757) (157) (1,563) (157)  
Debt accretion and amortization 19 13 72 158  
Cash and cash equivalents 75,121 78,535 75,121 78,535  
Real estate equity method investments 43,610 46,640 43,610 46,640  
Goodwill 31,200   31,200    
Notes payable and other borrowings 7,541 3,709 7,541 3,709  
Impairment losses   311 0 311  
Operating Segments [Member] | BBX Capital Real Estate (BBXRE) [Member] | The Altman Companies [Member]          
Gain on the consolidation of The Altman Companies (2,393)        
Operating Segments [Member] | BBX Capital Real Estate (BBXRE) [Member] | The Altman Companies, LLC [Member]          
Gain (loss) on consolidation     3,802    
Operating Segments [Member] | BBX Capital Real Estate (BBXRE) [Member] | Other Investments in Real Estate Joint Ventures [Member]          
Gain (loss) on consolidation 1,135   12,017    
Operating Segments [Member] | BBX Capital Real Estate (BBXRE) [Member] | Trade [Member]          
Sales 0 0 0 0  
Cost of sales 0 0 0 0  
Operating Segments [Member] | BBX Capital Real Estate (BBXRE) [Member] | Real Estate [Member]          
Sales 2,712 1,606 8,929 16,813  
Cost of sales 570 556 2,107 6,669  
Operating Segments [Member] | BBX Capital Real Estate (BBXRE) [Member] | Construction [Member]          
Sales 29,067   90,678    
Cost of sales 31,945   94,263    
Operating Segments [Member] | BBX Capital Real Estate (BBXRE) [Member] | Management Service [Member]          
Sales 5,002   9,249    
Operating Segments [Member] | BBX Sweet Holdings [Member]          
Interest income 0 0 0 0  
Net gains on sales of real estate assets 0   0 0  
Other revenue 0 0 0 0  
Total revenues 35,822 37,053 103,560 102,012  
Interest expense 382 228 1,089 697  
Recoveries from loan losses, net 0 0 0 0  
Impairment losses 349        
Selling, general and administrative expenses 14,208 14,444 43,966 42,101  
Total costs and expenses 38,173 36,611 111,086 103,796  
Operating income (losses) (2,351) 442 (7,526) (1,784)  
Equity in net earnings of unconsolidated real estate joint ventures 0 0 0 0  
Other income (loss) (67) (360) 157 518  
Foreign exchange gain 30 (2) (2) (2)  
Income (loss) before income taxes (2,388) 80 (7,371) (1,268)  
Total assets 169,317 150,619 169,317 150,619  
Expenditures for property and equipment 1,504 3,788 9,671 7,733  
Depreciation and amortization 1,984 1,627 6,068 4,732  
Debt accretion and amortization (11) 6 (22) 55  
Cash and cash equivalents 2,516 3,698 2,516 3,698  
Real estate equity method investments 0 0 0 0  
Goodwill 14,274 14,274 14,274 14,274  
Notes payable and other borrowings 20,416 14,325 20,416 14,325  
Impairment losses   0 349 64  
Operating Segments [Member] | BBX Sweet Holdings [Member] | The Altman Companies [Member]          
Gain on the consolidation of The Altman Companies 0        
Operating Segments [Member] | BBX Sweet Holdings [Member] | The Altman Companies, LLC [Member]          
Gain (loss) on consolidation     0    
Operating Segments [Member] | BBX Sweet Holdings [Member] | Other Investments in Real Estate Joint Ventures [Member]          
Gain (loss) on consolidation 0   0    
Operating Segments [Member] | BBX Sweet Holdings [Member] | Trade [Member]          
Sales 35,822 37,053 103,560 102,012  
Cost of sales 23,234 21,939 65,682 60,934  
Operating Segments [Member] | BBX Sweet Holdings [Member] | Real Estate [Member]          
Sales 0 0 0 0  
Cost of sales 0 0 0 0  
Operating Segments [Member] | BBX Sweet Holdings [Member] | Construction [Member]          
Sales 0   0    
Cost of sales 0   0    
Operating Segments [Member] | BBX Sweet Holdings [Member] | Management Service [Member]          
Sales 0   0    
Operating Segments [Member] | Renin Holdings LLC[Member]          
Interest income 0 0 0 0  
Net gains on sales of real estate assets 0   0 0  
Other revenue 0 0 0 0  
Total revenues 24,391 32,535 76,711 101,116  
Interest expense 1,229 1,063 3,502 2,405  
Recoveries from loan losses, net 0 0 0 0  
Impairment losses 0        
Selling, general and administrative expenses 3,496 4,166 11,335 13,099  
Total costs and expenses 26,294 36,768 84,828 113,122  
Operating income (losses) (1,903) (4,233) (8,117) (12,006)  
Equity in net earnings of unconsolidated real estate joint ventures 0 0 0 0  
Other income (loss) (1) 1 (5) 1  
Foreign exchange gain 391 905 (111) 1,073  
Income (loss) before income taxes (1,513) (3,327) (8,233) (10,932)  
Total assets 89,298 103,781 89,298 103,781  
Expenditures for property and equipment 273 233 1,014 757  
Depreciation and amortization 878 846 2,623 2,497  
Debt accretion and amortization (5) 32 (14) 85  
Cash and cash equivalents 613 692 613 692  
Real estate equity method investments 0 0 0 0  
Goodwill 4,140 4,140 4,140 4,140  
Notes payable and other borrowings 43,344 51,745 43,344 51,745  
Impairment losses   0 0 0  
Operating Segments [Member] | Renin Holdings LLC[Member] | The Altman Companies [Member]          
Gain on the consolidation of The Altman Companies 0        
Operating Segments [Member] | Renin Holdings LLC[Member] | The Altman Companies, LLC [Member]          
Gain (loss) on consolidation     0    
Operating Segments [Member] | Renin Holdings LLC[Member] | Other Investments in Real Estate Joint Ventures [Member]          
Gain (loss) on consolidation 0   0    
Operating Segments [Member] | Renin Holdings LLC[Member] | Trade [Member]          
Sales 24,391 32,535 76,711 101,116  
Cost of sales 21,569 31,539 69,991 97,618  
Operating Segments [Member] | Renin Holdings LLC[Member] | Real Estate [Member]          
Sales 0 0 0 0  
Cost of sales 0 0 0 0  
Operating Segments [Member] | Renin Holdings LLC[Member] | Construction [Member]          
Sales 0   0    
Cost of sales 0   0    
Operating Segments [Member] | Renin Holdings LLC[Member] | Management Service [Member]          
Sales 0   0    
Corporate, Non-Segment [Member]          
Interest income 0 0 0 0  
Net gains on sales of real estate assets 0   0 0  
Other revenue 452 587 1,341 1,880  
Total revenues 1,703 2,097 7,468 8,190  
Interest expense 1 1 3 2  
Recoveries from loan losses, net 0 0 0 0  
Impairment losses 0        
Selling, general and administrative expenses 2,252 1,547 6,090 5,204  
Total costs and expenses 2,759 2,128 8,080 7,321  
Operating income (losses) (1,056) (31) (612) 869  
Equity in net earnings of unconsolidated real estate joint ventures 0 0 0 0  
Other income (loss) 6 0 2,268 2  
Foreign exchange gain 0 0 0 0  
Income (loss) before income taxes (1,050) (31) 1,656 871  
Total assets 6,326 6,483 6,326 6,483  
Expenditures for property and equipment 33 25 161 73  
Depreciation and amortization 45 35 126 103  
Debt accretion and amortization 0 0 0 0  
Cash and cash equivalents 1,912 1,878 1,912 1,878  
Real estate equity method investments 0 0 0 0  
Goodwill 0   0    
Notes payable and other borrowings 21 14 21 14  
Impairment losses   0 0 0  
Corporate, Non-Segment [Member] | The Altman Companies [Member]          
Gain on the consolidation of The Altman Companies 0        
Corporate, Non-Segment [Member] | The Altman Companies, LLC [Member]          
Gain (loss) on consolidation     0    
Corporate, Non-Segment [Member] | Other Investments in Real Estate Joint Ventures [Member]          
Gain (loss) on consolidation 0   0    
Corporate, Non-Segment [Member] | Trade [Member]          
Sales 1,251 1,510 6,127 6,310  
Cost of sales 506 580 1,987 2,115  
Corporate, Non-Segment [Member] | Real Estate [Member]          
Sales 0 0 0 0  
Cost of sales 0 0 0 0  
Corporate, Non-Segment [Member] | Construction [Member]          
Sales 0   0    
Cost of sales 0   0    
Corporate, Non-Segment [Member] | Management Service [Member]          
Sales 0   0    
Segment Reconciling Items [Member]          
Interest income 572 606 678 1,803  
Net gains on sales of real estate assets 0   0 0  
Other revenue (223) (74) (554) (461)  
Total revenues 347 531 105 1,335  
Interest expense (830) (677) (2,423) (1,444)  
Recoveries from loan losses, net 0 0 0 0  
Impairment losses 0        
Selling, general and administrative expenses 6,827 5,720 20,910 17,138  
Total costs and expenses 5,995 5,042 18,468 15,688  
Operating income (losses) (5,648) (4,511) (18,363) (14,353)  
Equity in net earnings of unconsolidated real estate joint ventures 0 0 0 0  
Other income (loss) 388 49 449 264  
Foreign exchange gain 0 0 0 0  
Income (loss) before income taxes (5,260) (4,462) (17,914) (14,089)  
Total assets 60,680 76,231 60,680 76,231  
Expenditures for property and equipment 7 65 22 1,498  
Depreciation and amortization 107 102 1,252 232  
Debt accretion and amortization 0 0 0 0  
Cash and cash equivalents 22,328 13,730 22,328 13,730  
Real estate equity method investments 0 0 0 0  
Goodwill 0   0    
Notes payable and other borrowings (26,475) (25,575) (26,475) (25,575)  
Impairment losses   0 0 0  
Segment Reconciling Items [Member] | The Altman Companies [Member]          
Gain on the consolidation of The Altman Companies 0        
Segment Reconciling Items [Member] | The Altman Companies, LLC [Member]          
Gain (loss) on consolidation     0    
Segment Reconciling Items [Member] | Other Investments in Real Estate Joint Ventures [Member]          
Gain (loss) on consolidation 0   0    
Segment Reconciling Items [Member] | Trade [Member]          
Sales (2) (1) (19) (7)  
Cost of sales (2) (1) (19) (6)  
Segment Reconciling Items [Member] | Real Estate [Member]          
Sales 0 0 0 0  
Cost of sales 0 $ 0 0 $ 0  
Segment Reconciling Items [Member] | Construction [Member]          
Sales 0   0    
Cost of sales 0   0    
Segment Reconciling Items [Member] | Management Service [Member]          
Sales $ 0   $ 0