v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and cash equivalents $ 197,337 $ 144,122
Restricted cash ($19,488 and $21,894 in VIEs at December 31, 2017 and December 31, 2016, respectively) 46,012 46,106
Notes receivable, net ($282,599 and $287,012 in VIEs at December 31, 2017 and December 31, 2016, respectively) 431,801 430,480
Inventory 281,291 238,534
Prepaid expenses 10,743 8,745
Other assets 52,506 48,099
Intangible assets, net 61,978 61,749
Loan to related party 80,000 80,000
Property and equipment, net 74,756 70,797
Total assets 1,236,424 1,128,632
Liabilities    
Accounts payable 22,955 21,769
Accrued liabilities and other 77,317 70,947
Deferred income 36,311 37,015
Deferred income taxes 83,628 126,278
Receivable-backed notes payable - recourse 84,697 87,631
Receivable-backed notes payable - non-recourse (in VIEs) 336,421 327,358
Lines-of-credit and notes payable 100,194 98,382
Junior subordinated debentures 70,384 69,044
Total liabilities 811,907 838,424
Commitments and Contingencies -See Note 10
Shareholders' Equity    
Common stock, $.01 par value, 100,000,000 shares authorized; 74,734,455 shares issued and outstanding at December 31, 2017 and 70,997,732 shares issued and outstanding at December 31, 2016 [1] 747 710
Additional paid-in capital 274,366 227,134
Retained earnings 107,118 21,592
Total Bluegreen Corporation shareholder's equity 382,231 249,436
Non-controlling interest 42,286 40,772
Total shareholder's equity 424,517 290,208
Total liabilities and shareholder's equity $ 1,236,424 $ 1,128,632
[1] The number of shares of common stock issued and outstanding were based on shares issued in connection with our initial public offering during November 2017 and give effect to the stock split effected in connection therein as if the stock split was effected January 1, 2016. See Note 1: Organization for further discussion.

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