v3.20.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 203,668 $ 190,009
Restricted cash ($20,469 and $22,534 in VIEs at December 31, 2020 and December 31, 2019, respectively) 35,728 49,637
Notes receivable 551,393 589,198
Less: Allowance for loan loss (142,044) (140,630)
Notes receivable, net ($292,021 and $292,590 in VIEs at December 31, 2020 and December 31, 2019, respectively) 409,349 448,568
Inventory 347,122 346,937
Prepaid expenses 9,320 10,501
Other assets 31,378 52,731
Operating lease assets 34,325 20,858
Intangible assets, net 61,431 61,515
Loan to related party   80,000
Property and equipment, net 90,049 99,262
Total assets 1,222,370 1,360,018
Liabilities    
Accounts payable 10,604 16,653
Accrued liabilities and other 98,471 103,948
Operating lease liabilities 35,783 22,124
Deferred income 15,745 18,074
Deferred income taxes 87,404 92,504
Receivable-backed notes payable - recourse 38,500 78,569
Receivable-backed notes payable - non-recourse (in VIEs) 355,833 344,246
Lines-of-credit and notes payable 138,386 146,160
Junior subordinated debentures 72,932 72,081
Total liabilities 853,658 894,359
Commitments and Contingencies -See Note 9
Shareholders' Equity    
Common stock, $0.01 par value, 100,000,000 shares authorized; 72,484,293 shares issued and outstanding at December 31, 2020 and 74,362,693 shares issued and outstanding at December 31, 2019 725 744
Additional paid-in capital 257,812 269,534
Retained earnings 58,149 145,847
Total Bluegreen Vacations Corporation shareholders' equity 316,686 416,125
Non-controlling interest 52,026 49,534
Total shareholders' equity 368,712 465,659
Total liabilities and shareholders' equity $ 1,222,370 $ 1,360,018

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