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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Operating activities:    
Net loss $ (67,466) $ (2,986)
Adjustment to reconcile net loss to net cash used in (provided by) operating activities:    
Recoveries from loan losses, net (5,037) (2,385)
Provision for notes receivable allowances 32,199 23,702
Depreciation, amortization and accretion, net 13,632 13,691
Share-based compensation expense 5,675 6,210
Net losses (gains) on sales of real estate and property and equipment 77 (12,960)
Equity earnings of unconsolidated real estate joint ventures (696) (8,742)
Return on investment in unconsolidated real estate joint ventures 3,991 8,277
Decrease in deferred income tax (2,070) (5,214)
Impairment losses 31,588 2,756
Interest accretion on redeemable 5% cumulative preferred stock   420
Increase in notes receivable 12,137 (24,905)
Increase in VOI inventory (3,333) (8,071)
Decrease (increase) in trade inventory 2,342 (3,213)
Decrease (increase) in real estate inventory (316) (2,657)
Net change in operating lease asset and operating lease liability (364) 1,185
Decrease (increase) in other assets 11,390 (4,532)
Decrease (increase) in other assets (49,763) 21,718
Net cash (used in) provided by operating activities (16,014) 2,294
Investing activities:    
Return of investment in unconsolidated real estate joint ventures 748 14,059
Investments in unconsolidated real estate joint ventures (12,664) (13,944)
Proceeds from repayment of loans receivable 5,260 2,492
Proceeds from sales of real estate   18,966
Proceeds from the sale of property and equipment 131 13,544
Additions to real estate (59) (474)
Purchases of property and equipment (8,157) (18,244)
Decrease in cash from other investing activities (145) (64)
Net cash (used in) provided by investing activities (14,886) 16,335
Financing activities:    
Repayments of notes payable and other borrowings (123,547) (117,882)
Proceeds from notes payable and other borrowings 135,480 66,224
Payments for debt issuance costs (591) (149)
Payments of interest of redeemable 5% cumulative preferred stock   (250)
Purchase and retirement of Class A common stock   (1,883)
Purchase and retirement of subsidiary common stock (11,741)  
Dividends paid on common stock (1,144) (2,099)
Distributions to noncontrolling interests (923) (2,443)
Net cash used in financing activities (2,466) (58,482)
Decrease in cash, cash equivalents and restricted cash (33,366) (39,853)
Cash, cash equivalents and restricted cash at beginning of period 406,870 421,097
Cash, cash equivalents and restricted cash at end of period 373,504 381,244
Supplemental cash flow information:    
Interest paid on borrowings, net of amounts capitalized 18,394 19,724
Income taxes paid 259 9,840
Supplementary disclosure of non-cash investing and financing activities:    
Construction funds receivable transferred to real estate   9,183
Operating lease assets recognized upon adoption of ASC 842   113,183
Operating lease liabilities recognized upon adoption of ASC 842   123,240
Operating lease assets obtained in exchange for new operating lease liabilities 7,023 20,791
Increase in other assets upon issuance of Community Development District Bonds 827 8,110
Assumption of Community Development District Bonds by builders 1,987 1,035
Reconciliation of cash, cash equivalents and restricted cash:    
Total cash, cash equivalents, and restricted cash $ 373,504 $ 381,244