Dispositions, Assets Held for Sale and Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2019

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Assets Held for Sale, Revenues and Expenses and Cash Flows of Discontinued Operations

Discontinued Operations

The following table presents detail of Care’s revenues and expenses of discontinued operations in the consolidated statements of operations for the following periods:

	Year Ended December 31,
	2019		2018		2017
Revenues:
Rental and related revenue	$	—	$	6,476	$	74,386
Other revenue	—		149		1,583
Total revenues	—		6,625		75,969
Expenses:
Employee compensation and benefits	—		2,788		30,215
Interest expense	—		1,252		13,068
Depreciation and amortization	—		—		15,645
Other expenses	—		1,961		23,263
Total expenses	—		6,001		82,191
Net income (loss) before taxes from discontinued operations	—		624		(6,222		)
Gain on sale of discontinued operations	—		56,860		—
Less: provision (benefit) for income taxes	—		13,714		(2,224		)
Net income (loss) from discontinued operations	$	—	$	43,770	$	(3,998	)

The following table presents a summary of cash flows related to discontinued operations included in the consolidated statements of cash flows for the following periods:

	Year Ended December 31,
	2019		2018			2017
Net cash provided by (used in):
Operating activities	$	—	$	(2,095	)	$	16,805
Investing activities	—		(592		)	(74,325		)
Financing activities	—		(123		)	50,569
Net cash flows provided by discontinued operations	$	—	$	(2,810	)	$	(6,951	)

Assets Held for Sale

The following table presents detail of Luxury’s assets and liabilities held for sale in the consolidated balance sheets for the following periods:

	As of December 31,
	2019		2018
Assets
Investments:
Loans, at fair value	$	98,272	$	63,340
Other investments	1,019		798
Total investments	99,291		64,138
Cash and cash equivalents	7,137		2,860
Notes and accounts receivable, net	238		230
Other assets (1)	1,169		1,003
Assets held for sale	$	107,835	$	68,231
Liabilities
Debt, net	$	97,822	$	61,381
Other liabilities and accrued expenses (2)	4,608		1,599
Liabilities held for sale	$	102,430	$	62,980

⁽¹⁾  Includes $318 and $0 of a right of use asset as of December 31, 2019 and December 31, 2018, respectively.

⁽²⁾  Includes $341 and $0 of a lease liability as of December 31, 2019 and December 31, 2018, respectively