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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
Cash Flows from Operating Activities          
Net income (loss) $ (8,918,000) $ (329,000) $ (187,158,000) $ 239,000  
Adjustments to reconcile net income (loss) to net cash flows provided by (used in) operating activities:          
Depreciation and amortization     22,869,000 11,835,000  
Change in fair value of deferred compensation plan     (2,697,000) (4,077,000)  
Equity-based compensation     2,313,000 4,862,000  
Equity in (earnings) loss in unconsolidated entities (17,000) 298,000 (253,000) 573,000  
Deferred tax expense (benefit)     (8,097,000) 244,000  
Change in fair value of contingent consideration     617,000 1,639,000  
Impairment 0 0 178,213,000 0  
(Gain) loss on sale of property and equipment     33,000 48,000  
Amortization of other assets     652,000 0  
Amortization of loan costs 90,000 70,000 156,000 139,000  
Realized loss on restricted investments     386,000 0  
Write off of deferred loan costs     62,000 0  
Changes in operating assets and liabilities, exclusive of the effect of acquisitions:          
Accounts receivable     2,785,000 (3,578,000)  
Due from affiliates     50,000 (48,000)  
Inventories     60,000 (301,000)  
Prepaid expenses and other     828,000 58,000  
Operating lease right-of-use assets     1,932,000 874,000  
Other assets     (58,000) 3,000  
Accounts payable and accrued expenses     (2,149,000) 799,000  
Due to affiliates     37,000 (1,236,000)  
Other liabilities     16,028,000 5,011,000  
Operating lease liabilities     (1,930,000) (859,000)  
Deferred income     7,041,000 (2,319,000)  
Net cash provided by (used in) operating activities     37,786,000 14,493,000  
Cash Flows from Investing Activities          
Additions to property and equipment     (2,146,000) (3,665,000)  
Proceeds from disposal of property and equipment, net     4,000 58,000  
Additional purchase price paid for Remington working capital adjustment     (1,293,000) 0  
Acquisition of assets related to RED     (548,000) (988,000)  
Net cash provided by (used in) investing activities     (3,983,000) (25,547,000)  
Cash Flows from Financing Activities          
Payments for dividends on preferred stock     (8,663,000) (2,791,000)  
Payments on revolving credit facilities     (11,348,000) (16,256,000)  
Borrowings on revolving credit facilities     8,884,000 17,245,000  
Proceeds from notes payable     44,797,000 7,336,000  
Payments on notes payable     (16,591,000) (974,000)  
Payments on finance lease liabilities     (476,000) (323,000)  
Payments of loan costs     (290,000) (41,000)  
Purchase of treasury stock     (17,000) 0  
Employee advances     110,000 353,000  
Payment of contingent consideration     (1,384,000) 0  
Contributions from noncontrolling interest     77,000 455,000  
Distributions to noncontrolling interests in consolidated entities     0 (63,000)  
Net cash provided by (used in) financing activities     15,099,000 4,941,000  
Effect of foreign exchange rate changes on cash and cash equivalents     542,000 (15,000)  
Net change in cash, cash equivalents and restricted cash     49,444,000 (6,128,000)  
Cash, cash equivalents and restricted cash at beginning of period     53,249,000 59,443,000 $ 59,443,000
Cash, cash equivalents and restricted cash at end of period 102,693,000 53,315,000 102,693,000 53,315,000 53,249,000
Supplemental Cash Flow Information          
Interest paid     2,016,000 610,000  
Income taxes paid (refunded), net     (14,000) 1,344,000  
Supplemental Disclosure of Non-Cash Investing and Financing Activities          
Distribution from deferred compensation plan 4,000 27,000 6,000 73,000  
Capital expenditures accrued but not paid     781,000 632,000  
Finance lease additions     1,864,000 69,000  
Supplemental Disclosure of Cash, Cash Equivalents and Restricted Cash          
Cash and cash equivalents at beginning of period     35,349,000 51,529,000 51,529,000
Restricted cash at beginning of period     17,900,000 7,914,000 7,914,000
Cash and cash equivalents at end of period 65,518,000 40,039,000 65,518,000 40,039,000 35,349,000
Restricted cash at end of period 37,175,000 13,276,000 37,175,000 13,276,000 17,900,000
Cash, cash equivalents and restricted cash $ 102,693,000 $ 53,315,000 53,249,000 53,315,000 $ 53,249,000
BAV          
Cash Flows from Investing Activities          
Acquisition of BAV     0 (4,267,000)  
Supplemental Disclosure of Non-Cash Investing and Financing Activities          
Common stock consideration     0 3,748,000  
REA Holdings          
Cash Flows from Investing Activities          
Investment in REA Holdings     0 (2,176,000)  
Supplemental Disclosure of Non-Cash Investing and Financing Activities          
Common stock consideration     0 887,000  
Ashford Trust          
Changes in operating assets and liabilities, exclusive of the effect of acquisitions:          
Due from related parties     4,805,000 421,000  
Due to affiliates     516,000 0  
Cash Flows from Investing Activities          
Purchases of furniture, fixtures and equipment under the Ashford Trust ERFP Agreement     0 (13,089,000)  
Braemar          
Changes in operating assets and liabilities, exclusive of the effect of acquisitions:          
Due from related parties     745,000 166,000  
Cash Flows from Investing Activities          
Purchases of furniture, fixtures and equipment under the Ashford Trust ERFP Agreement     $ 0 $ (1,420,000)