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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
ASSETS    
Cash and cash equivalents $ 172,552 $ 203,668
Restricted cash ($18,297 and $20,469 in VIEs at March 31, 2021 and December 31, 2020, respectively) 40,478 35,728
Notes receivable 544,806 551,393
Less: Allowance for loan loss (143,242) (142,044)
Notes receivable, net ($269,082 and $292,021 in VIEs at March 31, 2021 and December 31, 2020, respectively) 401,564 409,349
Inventory 345,090 347,122
Prepaid expenses 25,880 9,320
Other assets 34,463 31,378
Operating lease assets 33,927 34,325
Intangible assets, net 61,411 61,431
Property and equipment, net 90,257 90,049
Total assets 1,205,622 1,222,370
Liabilities    
Accounts payable 13,577 10,604
Accrued liabilities and other 97,629 98,471
Operating lease liabilities 35,876 35,783
Deferred income 15,257 15,745
Deferred income taxes 85,862 87,404
Receivable-backed notes payable - recourse 35,975 38,500
Receivable-backed notes payable - non-recourse ($325,317 and $341,532 in VIEs at March 31, 2021 and December 31, 2020) 364,933 355,833
Lines-of-credit and notes payable 111,450 138,386
Junior subordinated debentures 69,128 72,932
Total liabilities 829,687 853,658
Commitments and Contingencies -See Note 9
Shareholders' Equity    
Common stock, $0.01 par value, 100,000,000 shares authorized; 72,484,293 shares issued and outstanding at March 31, 2021 and December 31, 2020 725 725
Additional paid-in capital 257,812 257,812
Retained earnings 63,206 58,149
Total Bluegreen Vacations Corporation shareholders' equity 321,743 316,686
Non-controlling interest 54,192 52,026
Total shareholders' equity 375,935 368,712
Total liabilities and shareholders' equity $ 1,205,622 $ 1,222,370