Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Financial Condition

v3.10.0.1
Condensed Consolidated Statements Of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
[1]
ASSETS    
Cash and cash equivalents $ 380,447 $ 362,526
Restricted cash ($20,959 in 2018 and $19,488 in 2017 in variable interest entities ("VIEs")) 54,471 46,721
Notes receivable, net ($296,016 in 2018 and $279,188 in 2017 in VIEs) 429,647 426,858
Trade inventory 21,280 23,902
Vacation ownership interest ("VOI") inventory 327,897 281,291
Real estate ($20,856 in 2018 and $27,828 in 2017 held for sale) 56,900 68,536
Investments in unconsolidated real estate joint ventures 41,801 51,234
Property and equipment, net 125,325 111,929
Goodwill 39,482 39,482
Intangible assets, net 71,761 70,449
Other assets 115,437 122,753
Total assets 1,664,448 1,605,681
Liabilities:    
Accounts payable 27,694 31,370
Deferred income 14,442 16,893
Escrow deposits 27,924 21,079
Other liabilities 87,701 103,464
Receivable-backed notes payable - recourse 101,582 84,697
Receivable-backed notes payable - non-recourse (in VIEs) 325,512 336,421
Notes payable and other borrowings 219,615 144,114
Junior subordinated debentures 135,974 135,414
Deferred income taxes 72,827 47,968
Redeemable 5% cumulative preferred stock of $.01 par value; authorized 15,000 shares; issued and outstanding 10,000 shares in 2018 and 15,000 shares in 2017 with a stated value of $1,000 per share 9,310 13,974
Total liabilities 1,022,581 935,394
Commitments and contingencies (See Note 11)
Redeemable noncontrolling interest 2,590 2,765
Equity:    
Preferred stock of $.01 par value; authorized 10,000,000 shares:
Additional paid-in capital 176,050 229,379
Accumulated earnings 369,214 353,384
Accumulated other comprehensive income 1,452 1,708
Total shareholders' equity 547,648 585,468
Noncontrolling interests 91,629 82,054
Total equity 639,277 667,522
Total liabilities and equity 1,664,448 1,605,681
Class A Common Stock [Member]    
Equity:    
Common stock 793 857
Class B Common Stock [Member]    
Equity:    
Common stock $ 139 $ 140
[1] See Note 1 for a summary of adjustments.