v3.22.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and cash equivalents $ 222,076 $ 140,225
Restricted cash ($20,066 and $15,956 in VIEs at June 30, 2022 and December 31, 2021, respectively) 42,245 42,854
Notes receivable 660,469 609,429
Less: Allowance for loan losses (177,822) (163,107)
Notes receivable, net ($303,398 and $248,873 in VIEs at June 30, 2022 and December 31, 2021, respectively) 482,647 446,322
Vacation ownership interest ("VOI") inventory 316,252 334,605
Property and equipment, net 86,465 87,852
Intangible assets, net 61,307 61,348
Operating lease assets 31,074 33,467
Prepaid expenses 24,615 25,855
Other assets 28,654 37,984
Total assets 1,295,335 1,210,512
Liabilities    
Accounts payable 18,117 14,614
Deferred income 14,274 13,690
Accrued liabilities and other 111,286 100,131
Receivable-backed notes payable - recourse 18,666 22,500
Receivable-backed notes payable - non-recourse ($297,531 and $341,532 in VIEs at September 30, 2021 and December 31, 2020, respectively) 379,858 340,154
Note payable to BBX Capital, Inc. 50,000 50,000
Note payable and other borrowings 117,537 97,125
Junior subordinated debentures 135,455 134,940
Operating lease liabilities 35,960 37,870
Deferred income taxes 101,728 95,688
Total liabilities 982,881 906,712
Commitments and contingencies - See Note 9
Equity    
Preferred stock of $0.01 par value; authorized 10,000,000 shares
Additional paid-in capital 144,658 173,909
Accumulated earnings 99,960 69,316
Total Bluegreen Vacations Holding Corporation equity 244,815 243,433
Non-controlling interest 67,639 60,367
Total equity 312,454 303,800
Total liabilities and equity 1,295,335 1,210,512
Class A Common Stock [Member]    
Equity    
Common stock 160 171
Class B Common Stock [Member]    
Equity    
Common stock $ 37 $ 37

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