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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash Flows From Operating Activities:    
Net (loss) income $ (4,624) $ 9,003
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities:    
Cost of lots sold 1,394 1,296
Depreciation and amortization 2,142 2,459
Provision for bad debt 2,212 1,144
Non-cash compensation expense 505 375
Non-cash interest expense 1,880 5,260
Gain on sale of businesses (7) (24,086)
Changes in assets and liabilities:    
Accounts receivable, net of allowance (6,843) (1,595)
Merchandise trust fund (6,145) (1,829)
Other assets (3,754) 2,338
Deferred selling and obtaining costs (2,202) (1,178)
Deferred revenues 22,598 6,434
Deferred taxes, net (1,726) 1,228
Payables and other liabilities (799) (6,087)
Net cash provided by (used in) operating activities 4,631 (5,238)
Cash Flows From Investing Activities:    
Cash paid for capital expenditures (1,774) (2,073)
Proceeds from divestitures   28,190
Net cash (used in) provided by investing activities (1,774) 26,117
Cash Flows From Financing Activities:    
Proceeds from borrowings 4,433 2,639
Repayments of debt (1,541) (32,181)
Principal payment on finance leases (299) (425)
Cost of financing activities (269) (213)
Net cash provided (used in) by financing activities 2,324 (30,180)
Net increase in cash, cash equivalents and restricted cash 5,181 (9,301)
Cash, cash equivalents and restricted cash—Beginning of period 60,090 56,767
Cash, cash equivalents and restricted cash—End of period 65,271 47,466
Supplemental disclosure of cash flow information:    
Cash paid during the period for interest 8,639 7,015
Cash paid during the period for income taxes 505  
Cash paid for amounts included in the measurement of lease liabilities:    
Operating cash flows from operating leases 473 848
Operating cash flows from finance leases 87 116
Financing cash flows from finance leases $ 299 425
Non-cash investing and financing activities:    
Accrued paid-in-kind interest on 2024 Notes   $ 3,615