Debt (Tables)

3 Months Ended

Mar. 31, 2020

Debt [Abstract]

Notes Payable And Other Borrowings

	March 31, 2020						December 31, 2019
					Carrying						Carrying
					Amount of						Amount of
	Debt		Interest		Pledged		Debt		Interest		Pledged
	Balance		Rate		Assets		Balance		Rate		Assets
Bluegreen:
NBA Éilan Loan	$	17,659		4.77%	$	28,625	$	18,820		4.95%	$	31,259
Fifth Third Syndicated Line of Credit		110,000		3.32%		119,848		30,000		3.85%		49,062
Fifth Third Syndicated Term Loan		97,500		3.61%		106,229		98,750		3.71%		161,497
Unamortized debt issuance costs		(1,374)						(1,410)
Total Bluegreen	$	223,785					$	146,160
Other:
Community Development District Obligations	$	26,365		4.25-6.00%	$	46,576	$	29,287		4.25-6.00%	$	49,352
TD Bank Term Loan and Line of Credit		10,504		4.72%		(1)		6,826		5.00%		(1)
Iberia $50.0 million Revolving Line of Credit		—		—		(2)		—		—		(2)
Banc of America Leasing & Capital Equipment Note		303		4.75%		(3)		355		4.75%		(3)
Bank of America Revolving Line of Credit		4,000		2.48%		—		2,000		3.24%		—
Unsecured Note (4)		—		—		—		3,400		6.00%		—
Centennial Bank Note (4)		1,459		5.25%		1,879		1,469		5.25%		1,892
Other		—		—		—		58		15.00%		—
Unamortized debt issuance costs		(727)						(824)
Total other	$	41,904					$	42,571
Total notes payable and other borrowings	$	265,689					$	188,731

(1) The collateral is a blanket lien on Renin’s assets.

(2) The collateral is membership interests in Woodbridge Holdings Corporation, a wholly-owned subsidiary of the Company which holds the Company’s investment in Bluegreen’s common stock, having a value of not less than $100.0 million.

(3) The collateral is a security interest in the equipment financed by the underlying note. Additionally, IT’SUGAR is guarantor of the note.

(4) BBX Capital is guarantor of the note.

Receivable-Backed Notes Payable

	March 31, 2020						December 31, 2019
					Principal						Principal
					Balance of						Balance of
					Pledged/						Pledged/
	Debt		Interest		Secured		Debt		Interest		Secured
	Balance		Rate		Receivables		Balance		Rate		Receivables
Receivable-backed notes
payable - recourse:
Liberty Bank Facility	$	23,184		4.75%	$	28,663	$	25,860		4.75%	$	31,681
NBA Receivables Facility		29,033		3.74%		35,584		32,405		4.55%		39,787
Pacific Western Facility		28,256		3.87%		34,965		30,304		4.68%		37,809
Total	$	80,473			$	99,212	$	88,569			$	109,277
Receivable-backed notes
payable - non-recourse:
KeyBank/DZ Purchase Facility		60,899		3.29%		75,346		31,708		3.99%		39,448
Quorum Purchase Facility		39,092		4.75-5.50%		45,280		44,525		4.75-5.50%		49,981
2012 Term Securitization		7,352		2.94%		8,237		8,638		2.94%		9,878
2013 Term Securitization		16,523		3.20%		17,896		18,219		3.20%		19,995
2015 Term Securitization		28,750		3.02%		30,809		31,188		3.02%		33,765
2016 Term Securitization		44,217		3.35%		49,286		48,529		3.35%		54,067
2017 Term Securitization		60,846		3.12%		69,703		65,333		3.12%		74,219
2018 Term Securitization		86,297		4.02%		98,550		91,231		4.02%		103,974
Unamortized debt issuance costs		(4,752)		—		—		(5,125)		—		—
Total	$	339,224			$	395,107	$	334,246			$	385,327
Total receivable-backed debt	$	419,697			$	494,319	$	422,815			$	494,604

Junior Subordinated Debentures Outstanding

	March 31, 2020				December 31, 2019
			Effective				Effective
	Carrying		Interest		Carrying		Interest
	Amounts		Rates (1)		Amounts		Rates (1)
Woodbridge - Levitt Capital Trusts I - IV	$	66,302		5.57 - 5.81%	$	66,302		5.74 - 5.95%
Bluegreen Statutory Trusts I - VI		110,827		6.22 - 6.62%		110,827		6.74 - 6.86%
Unamortized debt issuance costs		(1,111)				(1,129)
Unamortized purchase discount		(38,542)				(38,746)
Total junior subordinated debentures	$	137,476			$	137,254

(1) The Company’s junior subordinated debentures bear interest at 3-month LIBOR (subject to quarterly adjustment) plus a spread ranging from 3.80% to 4.90%.

Schedule Of Amounts Available Under Credit Facilities

BBX Capital	$	22,383
Bluegreen		124,500
Renin		2,684
Total credit availability	$	149,567