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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:    
Net loss $ (4,778) $ (6,762)
Adjustment to reconcile net loss to net cash provided by (used in) operating activities    
Amortization of loan discount, loan commitment, deferred financing fees and intangible assets 1,105 1,046
Deferred income tax benefit   7
Depreciation and amortization expense 181 181
Earnings from unconsolidated joint venture, net of distributions 30 16
Stock compensation 346 69
Impairment charges 526 2,425
Changes in operating assets and liabilities:    
Purchaser escrow deposits 335 1,096
Trade receivables 271 (281)
Real estate inventories 4,778 (11,090)
Other assets 787 569
Accrued interest 107 748
Accounts payable and accrued liabilities 1,356 141
Income taxes payable 20 19
Net cash provided by (used in) operating activities 5,064 (11,816)
Cash flows from investing activities:    
Business acquisition, net of cash acquired (579)  
Purchase of fixed assets (54) (42)
Principal received on note receivable 37 37
Collateral for letters of credit (238) 232
Net cash (used in) provided by investing activities (834) 227
Cash flows from financing activities:    
Proceeds from notes payable 23,517 29,235
Payments on notes payable (29,947) (33,735)
Loan financing costs (234) (152)
Distributions to non-controlling interests (6,432) (4,938)
Contributions from non-controlling interests 5,000 14,500
Repurchase of Series C Preferred Stock (89)  
Taxes paid related to net share settlement of equity awards   (8)
Net cash (used in) provided by financing activities (8,185) 4,902
Net decrease in cash and cash equivalents (3,955) (6,687)
Cash and cash equivalents, beginning of period 5,761 12,448
Cash and cash equivalents, end of period 1,806 5,761
Supplemental cash flow information:    
Interest paid, net of interest capitalized (493) (73)
Income taxes paid (18)  
Supplemental disclosure for non-cash activity:    
Business acquisition notes payable 1,710  
Seller's note payable 115 2,124
Accrued liability settled through issuance of stock 127 $ 58
Increase in Series B preferred stock value in connection with dividends paid in-kind 24  
Conversion of Class B common stock to Class A common stock 2  
Extinguishment of Series B preferred stock 1,011  
Increase in class A common stock par value in connection with issuance of stock compensation $ 1