v3.10.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
[1]
ASSETS    
Cash and cash equivalents $ 195,439 $ 197,337
Restricted cash ($17,081 and $19,488 in VIEs at September 30, 2018 and December 31, 2017, respectively) 54,892 46,012
Notes receivable, net ($308,221 and $279,188 in VIEs at September 30, 2018 and December 31, 2017, respectively) 439,484 426,858
Inventory 325,532 281,291
Prepaid expenses 15,733 10,743
Other assets 70,498 52,506
Intangible assets, net 61,878 61,978
Loan to related party 80,000 80,000
Property and equipment, net 93,536 74,756
Total assets 1,336,992 1,231,481
Liabilities    
Accounts payable 19,822 22,955
Accrued liabilities and other 94,729 77,317
Deferred income 15,509 16,893
Deferred income taxes 91,696 88,966
Receivable-backed notes payable - recourse 97,770 84,697
Receivable-backed notes payable - non-recourse (in VIEs) 335,680 336,421
Lines-of-credit and notes payable 137,834 100,194
Junior subordinated debentures 71,147 70,384
Total liabilities 864,187 797,827
Commitments and Contingencies -See Note 8
Shareholders' Equity    
Common stock, $.01 par value, 100,000,000 shares authorized; 74,734,455 shares issued and outstanding at September 30, 2018 and December 31, 2017 747 747
Additional paid-in capital 274,366 274,366
Retained earnings 150,062 115,520
Total Bluegreen Vacations Corporation shareholders' equity 425,175 390,633
Non-controlling interest 47,630 43,021
Total shareholder's equity 472,805 433,654
Total liabilities and shareholder's equity $ 1,336,992 $ 1,231,481
[1] * See Note 2 for summary of adjustments.

Source