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BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash $ 748 $ 2,818
Held to maturity securities 0 8,412
Accounts receivable, net 4,656 4,873
Current portion of contracts - dealer financed 32,538 29,441
Current portion of consumer loans receivable 7,682 6,801
Current portion of notes receivable from mobile home parks ("MHP") 18,156 9,670
Current portion of other notes receivable 6,013 8,927
Inventories 33,176 32,075
Prepaid expenses and other current assets 4,915 4,064
Total current assets 107,884 107,081
Contracts - dealer financed   595
Consumer loans receivable, net 148,818 132,208
Notes receivable from mobile home parks ("MHP"), net 163,824 133,072
Other notes receivable, net 28,577 13,795
Inventories, net 7,793 6,987
Other assets - leased mobile homes 7,601 8,824
ROU assets - operating leases 1,794 2,663
Other assets 2,571 1,482
Property, plant and equipment, net 37,880 30,106
Total assets 506,742 436,813
Current liabilities:    
Accounts payable 4,090 4,549
Accrued liabilities 18,504 16,895
Customer deposits 4,146 9,715
Escrow liability 10,104 9,653
Operating lease obligation 489 650
Total current liabilities 37,333 41,462
Longterm liabilities:    
Operating lease obligation, less current portion 1,396 2,121
Lines of credit 23,680 2,545
Deferred income taxes, net 2,338 3,065
Dealer incentive liability 5,260 5,516
Total liabilities 70,007 54,709
Commitments and contingencies (Note 17)
Stockholders' equity:    
Preferred stock, $.001 par value, 10,000,000 shares authorized: no shares issued or outstanding
Common stock, $.001 par value, 90,000,000 shares authorized; 24,843,494 and 24,814,695 issued and 24,398,429 and 24,369,630 outstanding at December 31, 2023 and 2022, respectively 30 30
Treasury stock at cost, 445,065 shares at December 31, 2023 and 2022, respectively (4,477) (4,477)
Additional paid-in-capital 181,424 180,555
Retained earnings 259,758 205,996
Total stockholders' equity 436,735 382,104
Total liabilities and stockholders' equity $ 506,742 $ 436,813