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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash Flows From Operating Activities:    
Net loss $ (8,359) $ (151,942)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Cost of lots sold 5,796 7,027
Depreciation and amortization 9,395 10,782
Provision for bad debt 6,275 7,559
Non-cash compensation expense 1,481 3,623
Loss on debt extinguishment   8,478
Loss on goodwill impairment   24,862
Non-cash interest expense 17,884 18,095
Gain on sale of businesses (29,429)  
Other (gains) losses, net (129) 8,106
Changes in assets and liabilities:    
Accounts receivable, net of allowance (20,453) (8,633)
Merchandise trust fund (25,988) (17,916)
Other assets 1,675 (56)
Deferred selling and obtaining costs (6,376) (3,598)
Deferred revenues 61,611 36,656
Deferred taxes, net (4,888) 27,943
Payables and other liabilities (7,135) (8,972)
Net cash provided by (used in) operating activities 1,360 (37,986)
Cash Flows From Investing Activities:    
Cash paid for capital expenditures (6,360) (6,418)
Proceeds from divestitures 57,343 6,255
Net cash provided by (used in) investing activities 50,983 (163)
Cash Flows From Financing Activities:    
Proceeds from issuance of Series A Preferred Stock - related party 8,800  
Proceeds from issuance of Common Stock - related party 8,200  
Proceeds from issuance of redeemable convertible preferred units   12,500
Proceeds from issuance of redeemable convertible preferred units - related party   45,000
Proceeds from borrowings 3,672 406,087
Repayments of debt (63,915) (366,905)
Principal payment on finance leases (1,561) (1,464)
Cost of financing activities (4,170) (17,396)
Reduction to GP Holdings' Merger consideration due to SEC settlement - related party   (250)
Units repurchased related to unit-based compensation (46) (803)
Net cash (used in) provided by financing activities (49,020) 76,769
Net increase in cash, cash equivalents and restricted cash 3,323 38,620
Cash, cash equivalents and restricted cash—Beginning of period 56,767 18,147
Cash, cash equivalents and restricted cash—End of period 60,090 56,767
Supplemental disclosure of cash flow information:    
Cash paid during the period for interest 29,212 32,239
Cash paid during the period for income taxes 1,154 1,419
Cash paid for amounts included in the measurement of lease liabilities:    
Operating cash flows from operating leases 3,187 3,638
Operating cash flows from finance leases 421 495
Financing cash flows from finance leases 1,561 1,464
Non-cash investing and financing activities:    
Acquisition of assets by financing 62 2,277
Accrued paid-in-kind interest on Senior Secured Notes (defined within) $ 10,572 $ 7,867