Inventories, net and Notes Payable - Floor Plan, net (Tables)

12 Months Ended

Dec. 31, 2020

Inventories, net and Notes Payable - Floor Plan, net

Schedule of inventories

Inventories consisted of the following at December 31, (in thousands):

	December 31,		December 31,
	2020		2019
Good Sam services and plans	$	109	$	590
New RVs		691,114		966,134
Used RVs		178,336		165,927
Products, parts, accessories and other		266,786		225,888
	$	1,136,345	$	1,358,539

Schedule of outstanding amounts and available borrowing

The following table details the outstanding amounts and available borrowings under the Floor Plan Facility as of December 31, 2020 and December 31, 2019 (in thousands):

	December 31,		December 31,
	2020		2019
Floor Plan Facility:
Notes payable — floor plan:
Total commitment	$	1,379,750	$	1,379,750
Less: borrowings, net		(522,455)		(848,027)
Less: flooring line aggregate interest reduction account		(133,639)		(87,016)
Additional borrowing capacity		723,656		444,707
Less: accounts payable for sold inventory		(28,980)		(27,892)
Less: purchase commitments		(39,121)		(8,006)
Unencumbered borrowing capacity	$	655,555	$	408,809
Revolving line of credit	$	48,000	$	60,000
Less: borrowings		(20,885)		(40,885)
Additional borrowing capacity	$	27,115	$	19,115
Letters of credit:
Total commitment	$	15,000	$	15,000
Less: outstanding letters of credit		(11,732)		(11,175)
Additional letters of credit capacity	$	3,268	$	3,825