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BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 768 $ 1,724
Accounts receivable, net of allowance for doubtful accounts 3,867 1,767
Current portion of consumer loans 5,348 5,994
Current portion of notes receivable from mobile home parks (“MHP”) 12,468 10,969
Current portion of other notes receivable 2,054 428
Inventories 27,224 27,228
Prepaid expenses and other current assets 3,234 4,857
Total current assets 54,963 52,967
Property, plant and equipment, net 22,616 21,038
Consumer loans, net of deferred financing fees and allowance for loan losses 106,572 99,048
Notes receivable from mobile home parks (“MHP”) 123,872 81,375
Other notes receivable, net of allowance for loan losses 13,050 13,050
Other assets 8,887 4,212
Inventory non-current 8,656 11,930
Total assets 338,616 283,620
Current liabilities:    
Accounts payable 10,197 5,168
Accrued liabilities 14,860 8,808
Customer deposits 3,620 1,567
Escrow liability 7,729 7,530
Line of credit   28,860
Total current liabilities 36,406 51,933
Long-term liabilities:    
Lines of credit 36,174 2,001
Deferred income taxes 1,971 1,766
Accrued liabilities, net of current portion 630  
Dealer incentive liability 4,242 5,531
Total liabilities 79,423 61,231
Commitments and contingencies (Note 13)
Stockholders' equity:    
Preferred stock, $.001 par value, 10,000,000 shares authorized: issued -0-
Common stock, $.001 par value, 90,000,000 shares authorized; 24,639,125 and 24,620,079 issued and 24,194,060 and 24,320,079 outstanding at December 31, 2020 and December 31, 2019, respectively 25 25
Treasury stock at cost, 445,065 and 300,000 shares at December 31, 2020 and December 31, 2019, respectively (4,477) (3,060)
Additional paid-in-capital 175,293 175,067
Retained earnings 88,352 50,357
Total stockholders' equity 259,193 222,389
Total liabilities and stockholders' equity $ 338,616 $ 283,620