v3.20.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
ASSETS    
Cash and cash equivalents $ 190,009 $ 219,408
Restricted cash ($22,534 and $28,400 in VIEs at December 31, 2019 and December 31, 2018, respectively) 49,637 53,726
Notes receivable, net ($292,590 and $341,975 in VIEs at December 31, 2019 and December 31, 2018, respectively) 449,162 439,167
Inventory 346,937 334,149
Prepaid expenses 10,501 10,097
Other assets 52,137 49,796
Operating lease assets - See Note 7 20,858  
Intangible assets, net 61,515 61,845
Loan to related party 80,000 80,000
Property and equipment, net 99,262 98,279
Total assets 1,360,018 1,346,467
Liabilities    
Accounts payable 16,653 19,515
Accrued liabilities and other 103,948 80,364
Operating lease liabilities - See Note 7 22,124  
Deferred income 18,074 16,522
Deferred income taxes 92,504 91,056
Receivable-backed notes payable - recourse 88,569 76,674
Receivable-backed notes payable - non-recourse (in VIEs) 334,246 382,257
Lines-of-credit and notes payable 146,160 133,391
Junior subordinated debentures 72,081 71,323
Total liabilities 894,359 871,102
Commitments and Contingencies -See Note 12
Shareholders' Equity    
Common stock, $0.01 par value, 100,000,000 shares authorized; 74,362,693 shares issued and outstanding at December 31, 2019 and 74,445,923 shares issued and outstanding at December 31, 2018 744 744
Additional paid-in capital 269,534 270,369
Retained earnings 145,847 158,641
Total Bluegreen Vacations Corporation shareholders' equity 416,125 429,754
Non-controlling interest 49,534 45,611
Total shareholder's equity 465,659 475,365
Total liabilities and shareholder's equity $ 1,360,018 $ 1,346,467

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