v3.19.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
ASSETS    
Cash and cash equivalents $ 180,166 $ 219,408
Restricted cash ($19,018 and $28,400 in VIEs at June 30, 2019 and December 31, 2018, respectively) 47,745 53,726
Notes receivable, net ($308,042 and $341,975 in VIEs at June 30, 2019 and December 31, 2018, respectively) 440,854 439,167
Inventory 342,220 334,149
Prepaid expenses 14,946 10,097
Other assets 57,970 49,796
Operating lease assets - See Note 7 23,395  
Intangible assets, net 61,556 61,845
Loan to related party 80,000 80,000
Property and equipment, net 102,361 98,279
Total assets 1,351,213 1,346,467
Liabilities    
Accounts payable 18,270 19,515
Accrued liabilities and other 102,183 80,364
Operating lease liabilities - See Note 7 24,584  
Deferred income 17,668 16,522
Deferred income taxes 81,015 91,056
Receivable-backed notes payable - recourse 86,820 76,674
Receivable-backed notes payable - non-recourse (in VIEs) 351,316 382,257
Lines-of-credit and notes payable 136,796 133,391
Junior subordinated debentures 71,691 71,323
Total liabilities 890,343 871,102
Commitments and Contingencies -See Note 10
Shareholders' Equity    
Common stock, $.01 par value, 100,000,000 shares authorized; 74,445,923 shares issued and outstanding at June 30, 2019 and December 31, 2018 744 744
Additional paid-in capital 270,369 270,369
Retained earnings 137,299 158,641
Total Bluegreen Vacations Corporation shareholders' equity 408,412 429,754
Non-controlling interest 52,458 45,611
Total shareholder's equity 460,870 475,365
Total liabilities and shareholder's equity $ 1,351,213 $ 1,346,467

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