v3.19.3
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
ASSETS    
Cash and cash equivalents $ 183,207 $ 219,408
Restricted cash ($19,185 and $28,400 in VIEs at September 30, 2019 and December 31, 2018, respectively) 47,969 53,726
Notes receivable, net ($299,374 and $341,975 in VIEs at September 30, 2019 and December 31, 2018, respectively) 445,706 439,167
Inventory 346,821 334,149
Prepaid expenses 14,672 10,097
Other assets 55,783 49,796
Operating lease assets 22,372  
Intangible assets, net 61,535 61,845
Loan to related party 80,000 80,000
Property and equipment, net 102,764 98,279
Total assets 1,360,829 1,346,467
Liabilities    
Accounts payable 21,011 19,515
Accrued liabilities and other 112,982 80,364
Operating lease liabilities 23,542  
Deferred income 20,323 16,522
Deferred income taxes 84,493 91,056
Receivable-backed notes payable - recourse 94,904 76,674
Receivable-backed notes payable - non-recourse (in VIEs) 341,856 382,257
Lines-of-credit and notes payable 119,045 133,391
Junior subordinated debentures 71,883 71,323
Total liabilities 890,039 871,102
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 September 30, 2019 and December 31, 2018 744 744
Additional paid-in capital 270,369 270,369
Retained earnings 144,971 158,641
Total Bluegreen Vacations Corporation shareholders' equity 416,084 429,754
Non-controlling interest 54,706 45,611
Total shareholder's equity 470,790 475,365
Total liabilities and shareholder's equity $ 1,360,829 $ 1,346,467

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