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BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 8,478 $ 1,149
Income tax refund receivable 5,617  
Accounts receivable, net 5,467 3,985
Dealer financed receivables, net 26,685 32,585
Consumer loans receivable 9,458 8,623
Notes receivable from mobile home parks ("MHP") 59,632 23,770
Other notes receivable 4,868 12,152
Inventories 39,853 37,538
Prepaid expenses and other current assets 4,598 4,504
Total current assets 164,656 124,306
Consumer loans receivable, net 189,356 165,482
Notes receivable from mobile home parks ("MHP"), net 136,906 182,694
Other notes receivable, net 1,226 2,764
Other assets - leased mobile homes 3,804 4,557
ROU assets - operating leases 1,313 1,321
Other assets 13,911 5,485
Property, plant and equipment, net 60,497 47,585
Deferred income taxes, net 998  
Intangible Assets 5,198  
Goodwill 2,472  
Total assets 580,337 534,194
Current liabilities:    
Accounts payable 6,443 5,091
Accrued liabilities 25,063 13,672
Customer deposits 1,764 1,880
Escrow liability 13,109 11,623
Operating lease obligation 479 476
Total current liabilities 46,858 32,742
Longterm liabilities:    
Operating lease obligation, less current portion 860 920
Lines of credit 1,200  
Deferred income taxes, net   2,206
Dealer incentive liability 2,805 4,370
Total liabilities 51,723 40,238
Commitments and contingencies (Note 16)
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 23,812,341 and 24,158,311 outstanding at December 31, 2025 and 2024, respectively 32 31
Treasury stock at cost 1,054,001 and 707,595 shares at December 31, 2025 and 2024, respectively (17,484) (9,875)
Additional paid-in-capital 182,857 182,400
Retained earnings 363,209 321,400
Total stockholders' equity 528,614 493,956
Total liabilities and stockholders' equity $ 580,337 $ 534,194