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BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 1,724 $ 2,599
Accounts receivable, net of allowance for doubtful accounts 1,767 2,953
Current portion of consumer loans 5,994 4,945
Current portion of notes receivable from mobile home parks (“MHP”) 10,969 7,297
Current portion of other notes receivable 428 379
Inventories 27,228 42,033
Prepaid expenses and other current assets 4,857 2,938
Total current assets 52,967 63,144
Property, plant and equipment, net 21,038 17,128
Consumer loans, net of deferred financing fees and allowance for loan losses 99,048 92,230
Notes receivable from mobile home parks (“MHP”) 81,375 50,638
Other notes receivable, net of allowance for loan losses 13,050 1,912
Other assets 4,212 2,587
Inventory non‑current 11,930 7,399
Total assets 283,620 235,038
Current liabilities:    
Accounts payable 5,168 2,828
Accrued liabilities 8,808 9,156
Customer deposits 1,567 2,222
Escrow liability 7,530 5,951
Line of credit 28,860  
Current portion of notes payable   228
Total current liabilities 51,933 20,385
Long‑term liabilities:    
Lines of credit 2,001 13,679
Deferred income taxes 1,766 1,842
Note payable, net of current portion   3,737
Dealer incentive liability 5,531 6,115
Total liabilities 61,231 45,758
Commitments and contingencies (Note 12)
Stockholders' equity:    
Preferred stock, $.001 par value, 10,000,000 shares authorized: issued -0-
Common stock, $.001 par value, 90,000,000 shares authorized; 24,620,079 and 24,000,000 issued and 24,320,079 and 24,000,000 outstanding at December 31, 2019 and 2018, respectively 25 24
Treasury stock at cost, 300,000 and -0- shares at December 31, 2019 and 2018, respectively (3,060)  
Additional paid-in-capital 175,067 167,743
Retained earnings 50,357 21,513
Total stockholders' equity 222,389 189,280
Total liabilities and stockholders' equity $ 283,620 $ 235,038