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CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash $ 13,551 $ 1,149
Accounts receivable, net 4,646 3,985
Dealer financed receivables, net 30,300 32,585
Consumer loans receivable, current 9,299 8,623
Notes receivable from mobile home parks ("MHP"), current 66,918 23,770
Other notes receivable, current 4,304 12,152
Inventories, net 39,581 37,538
Prepaid expenses and other current assets 3,974 4,504
Total current assets 172,573 124,306
Property, plant and equipment, net 55,036 47,585
Consumer loans receivable, net 178,837 165,482
Notes receivable from mobile home parks ("MHP"), net 134,609 182,694
Other notes receivable, net 1,648 2,764
Other assets - leased mobile homes 3,948 4,557
ROU assets - operating leases 976 1,321
Other assets 10,300 5,485
Total assets 557,927 534,194
Current liabilities:    
Accounts payable 3,547 5,091
Accrued liabilities 11,116 13,672
Customer deposits 1,434 1,880
Escrow liability 13,551 11,623
Operating lease obligation 432 476
Total current liabilities 30,080 32,742
Long-term liabilities:    
Operating lease obligation, less current portion 570 920
Deferred income taxes, net 2,206 2,206
Dealer incentive liability 3,473 4,370
Total liabilities 36,329 40,238
Commitments and contingencies (Note 13)
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; 24,866,342 and 24,865,906 issued and 23,868,727 and 24,158,311 outstanding at September 30, 2025 and December 31, 2024, respectively 32 31
Treasury stock at cost, 997,615 and 707,595 shares at September 30, 2025 and December 31, 2024, respectively (16,367) (9,875)
Additional paid-in-capital 182,917 182,400
Retained earnings 355,016 321,400
Total stockholders' equity 521,598 493,956
Total liabilities and stockholders' equity $ 557,927 $ 534,194