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CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 2,408 $ 768
Accounts receivable, net of allowance for doubtful accounts 3,914 3,867
Current portion of consumer loans 5,237 5,348
Current portion of notes receivable from mobile home parks ("MHP") 11,967 12,468
Current portion of other notes receivable 1,757 2,054
Inventories 31,915 27,224
Prepaid expenses and other current assets 3,649 3,234
Total current assets 60,847 54,963
Property, plant and equipment, net 24,070 22,616
Consumer loans, net of deferred financing fees and allowance for loan losses 108,443 106,572
Notes receivable from mobile home parks ("MHP") 128,318 123,872
Other notes receivable, net of allowance for loan losses 18,979 13,050
Other assets 8,794 8,887
Inventory non-current 7,467 8,656
Total assets 356,918 338,616
Current liabilities:    
Accounts payable 9,422 10,197
Accrued liabilities 13,677 14,860
Customer deposits 5,150 3,620
Escrow liability 8,015 7,729
Total current liabilities 36,264 36,406
Long-term liabilities:    
Lines of credit 45,347 36,174
Deferred income taxes 1,971 1,971
Accrued liabilities, net of current portion 630 630
Dealer incentive liability 4,445 4,242
Total liabilities 88,657 79,423
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; 24,647,696 and 24,639,125 issued and 24,202,631 and 24,194,060 outstanding at March 31, 2021 and December 31, 2020, respectively 25 25
Treasury stock at cost, 445,065 shares at March 31, 2021 and December 31, 2020 (4,477) (4,477)
Additional paid-in-capital 175,337 175,293
Retained earnings 97,376 88,352
Total stockholders' equity 268,261 259,193
Total liabilities and stockholders' equity $ 356,918 $ 338,616