Income Taxes (Tables)

12 Months Ended

Dec. 31, 2020

Income Tax Disclosure [Abstract]

Schedule of Income Tax (Benefit) Expense

The (benefit) expense for income taxes consists of:

	Years Ended December 31,
	2020		2019		2018
Current:
Federal	$	—	$	—	$	42,231
State	(147)		—		1,210
Deferred and Other:
Federal	—		—		(42,231)
State	—		—		—
Total tax (benefit) expense	$	(147)	$	—	$	1,210

Schedule of Reconciliation of Effective Tax Rate

The reconciliation between our effective tax rate on income from operations and the statutory rate is as follows:

	Years Ended December 31,
	2020			2019			2018
Income tax (benefit) expense at federal statutory rate	$	2,335		$	(4,566)		$	31,739
State and local income taxes net of federal tax (benefit) expense	(147)			—			1,210
Permanent tax differences	(1,846)			(2,499)			(224)
Temporary tax differences
Installment note on land sale	—			—			(2,875)
Allowance for losses on note receivables	(77)			(246)			(712)
Deferred gains	(878)			(1,920)			(7,041)
Basis differences on fixed assets	1,307			—			22,110
Other basis/timing differences	2,296			3,172			(766)
Generation (use) on net operating loss carryforwards	(3,137)			6,059			(42,231)
Reported tax (benefit) expense	$	(147)		$	—		$	1,210
Effective tax rate	4.7		%	—		%	0.7		%

Components of the Net Deferred Tax Asset or Liability

Components of the Net Deferred Tax Asset or Liability

	Years Ended December 31,
	2020		2019
Deferred tax assets:
Allowance for losses on notes	$	2,674	$	2,751
Basis difference in fixed assets	1,426		—
Deferred gain	5,168		5,199
Foreign currency translations	3,818		1,522
Net operating loss carryforward	15,234		18,371
Total deferred tax assets	28,320		27,843
Less: valuation allowance	(28,320)		(21,180)
Total net deferred tax assets	$	—	$	6,663
Deferred tax liabilities:
Deferred gain	$	—	$	—
Basis differences for fixed assets	—		6,663
Total deferred tax liability	$	—	$	6,663
Current net deferred tax asset	—		6,663
Long-Term net deferred tax liability	—		(6,663)
Net deferred tax asset (liability)	$	—	$	—