| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||
Net income (loss) | |||||||||
893 | -4,385 | - | - | - | - | - | - | - | - |
Net income (loss) | |||||||||
- | - | -4,778 | -6,762 | -1,963 | -3,114 | 2,661 | -5,639 | 1,598 | -7,698 |
Adjustment to reconcile net income (loss) to net cash provided by operating activities | |||||||||
Amortization of loan discount, loan commitment and deferred financing fees | |||||||||
84 | 159 | 1,105 | - | 283 | 304 | 482 | 1,283 | 1,444 | - |
Depreciation expense | |||||||||
150 | 118 | 181 | - | 164 | 100 | 70 | 122 | 196 | 98 |
Amortization expense | |||||||||
67 | 67 | - | - | - | - | - | - | - | - |
Provision for bad debt | |||||||||
- | - | - | - | - | 10 | -22 | 60 | 1 | -13 |
Gain on derivative | |||||||||
- | - | - | - | 696 | 32 | - | - | - | - |
Gain on extinguishment of notes payable | |||||||||
- | - | - | - | - | - | 27 | -73 | - | - |
Amortization and depreciation expense | |||||||||
- | - | - | 181 | - | - | - | - | - | - |
Earnings from unconsolidated joint venture, net of distributions | |||||||||
-50 | -48 | -30 | -16 | 36 | -32 | 59 | - | - | - |
Loss (gain) on extinguishment of notes payable | |||||||||
- | - | - | - | - | - | - | - | 219 | - |
Impairments and write-offs | |||||||||
- | - | - | - | - | - | - | - | - | 1,548 |
Amortization of stock compensation | |||||||||
- | - | - | - | - | - | - | - | - | 704 |
Gain on trade payable settlements | |||||||||
- | - | - | - | - | - | - | - | 161 | 860 |
Loss on disposal of property, plant and equipment | |||||||||
- | - | - | - | - | - | - | -1 | - | - |
Stock-based compensation | |||||||||
479 | 261 | 346 | 69 | 94 | 295 | 483 | 1,447 | 932 | - |
Loss on equity method investments carried at fair value | |||||||||
-560 | 0 | - | - | - | - | - | - | - | - |
Amortization of loan discount, loan commitment, deferred financing fees and intangible assets | |||||||||
- | - | - | 1,046 | - | - | - | - | - | - |
Deferred income tax benefit | |||||||||
0 | -1,062 | 0 | 7 | -1,057 | - | - | - | - | - |
Gain on sale of operating real estate, net | |||||||||
- | - | - | - | - | - | - | 6,466 | - | - |
Impairment charges | |||||||||
- | - | 526 | 2,425 | 2,765 | 2,695 | 348 | 2,358 | - | - |
Changes in operating assets and liabilities: | |||||||||
Purchaser escrow deposits | |||||||||
- | - | - | -1,096 | 177 | 6 | 255 | 121 | -19 | 1,952 |
Trade receivables | |||||||||
- | - | -271 | 281 | 222 | -226 | -1,287 | -569 | 1,837 | - |
Real estate inventories | |||||||||
- | - | -4,778 | 11,090 | - | - | - | - | - | - |
Real estate inventories | |||||||||
- | - | - | - | 1,562 | -3,717 | -12,413 | -8,984 | - | - |
Real estate held for development and sale | |||||||||
- | - | - | - | - | - | - | - | -10,292 | - |
Trade receivables | |||||||||
956 | 400 | - | - | - | - | - | - | - | 405 |
Trade receivables - related party | |||||||||
694 | 2,950 | - | - | - | - | - | - | - | - |
Deferred revenue | |||||||||
-1,875 | 1,875 | - | - | - | - | - | - | - | - |
Real estate held for development and sale | |||||||||
- | - | - | - | - | - | - | - | - | -19,927 |
Other assets | |||||||||
-11 | 410 | -787 | -569 | -649 | 2,727 | 303 | 433 | 678 | -1,187 |
Accrued personnel | |||||||||
1,520 | 1,396 | - | - | - | - | - | - | - | - |
Accounts payable | |||||||||
240 | 1,054 | - | - | - | - | - | - | - | - |
Accrued liabilities | |||||||||
72 | 489 | - | - | - | - | - | - | - | - |
Accrued interest | |||||||||
- | - | 107 | 748 | 980 | 815 | 248 | -495 | 752 | - |
Accounts payable and accrued liabilities | |||||||||
- | - | 1,356 | 141 | 257 | 198 | 2,815 | 217 | 364 | 2,856 |
Income taxes payable | |||||||||
- | - | 20 | 19 | -43 | -303 | 346 | -33 | 33 | - |
Net cash provided by operating activities of discontinued operations | |||||||||
7,793 | 16,590 | - | - | - | - | - | - | - | - |
Net cash provided by operating activities | |||||||||
8,394 | 12,850 | 4,729 | - | - | - | - | -16,041 | 12,736 | 15,392 |
Cash flows from investing activities: | |||||||||
Contributions to equity method investments carried at fair value | |||||||||
1,200 | 0 | - | - | - | - | - | - | - | - |
Net cash (used in) provided by operating activities | |||||||||
- | - | - | -11,816 | 2,560 | -5,224 | -4,339 | - | - | - |
Business acquisition, net of cash acquired | |||||||||
- | - | 579 | - | - | - | - | - | - | - |
Investment in unconsolidated joint venture | |||||||||
- | - | - | - | - | - | 7 | - | - | - |
Investment in Cascades Apartments - operating real estate, net | |||||||||
- | - | - | - | - | - | - | - | 9,764 | - |
Purchase of fixed assets | |||||||||
- | - | 54 | 42 | 163 | 252 | 91 | 158 | 78 | 4 |
Distributions from equity method investments carried at fair value | |||||||||
1,525 | 0 | - | - | - | - | - | - | - | - |
Purchase of fixed assets | |||||||||
207 | 0 | - | - | - | - | - | - | - | - |
Principal received on note receivable | |||||||||
27 | 0 | 37 | 37 | 32 | - | - | - | - | - |
Net cash used in investing activities of discontinued operations | |||||||||
0 | -41 | - | - | - | - | - | - | - | - |
Payments on note receivable | |||||||||
- | - | - | - | - | 173 | - | - | - | - |
Collateral for letters of credit | |||||||||
- | - | - | -232 | 610 | -685 | -1,000 | - | - | - |
Proceeds from sale of Cascades multi-family units - operating real estate, net | |||||||||
- | - | - | - | - | - | 279 | 19,075 | 0 | - |
Net cash (used in) provided by investing activities | |||||||||
- | - | - | 227 | -741 | 260 | 1,181 | - | - | - |
Net cash provided by investing activities | |||||||||
145 | -41 | -596 | - | - | - | - | 18,917 | -9,842 | -4 |
Cash flows from financing activities: | |||||||||
Proceeds from notes payable | |||||||||
0 | 210 | 23,517 | 29,235 | 43,301 | 43,463 | 38,042 | 24,986 | 38,908 | 823 |
Payments on notes payable | |||||||||
228 | 3,108 | 29,947 | 33,735 | 40,078 | 27,857 | 35,688 | 27,512 | 38,436 | 17,649 |
Loan financing costs | |||||||||
28 | 0 | 234 | 152 | 108 | 243 | 243 | 518 | 1,548 | - |
Distributions to non-controlling interests | |||||||||
0 | 1,750 | 6,432 | 4,938 | 2,323 | 14,633 | 2,364 | 2,944 | - | - |
Proceeds from SunBridge warrant issuance | |||||||||
- | - | - | - | - | - | - | - | 996 | - |
Distribution to non-controlling interests holders | |||||||||
- | - | - | - | - | - | - | - | 0 | - |
Proceeds from exercise of warrants | |||||||||
360 | 0 | - | - | - | - | - | - | - | 828 |
Contributions from non-controlling interests | |||||||||
- | - | 5,000 | 14,500 | 2,450 | - | 11,909 | 1,012 | 2,350 | - |
Repurchase of Series C Preferred Stock | |||||||||
- | - | 89 | - | - | - | - | - | - | - |
Taxes paid related to net share settlement of equity awards | |||||||||
-35 | -38 | 0 | - | - | - | - | - | - | - |
Net cash used in financing activities from discontinued operations | |||||||||
-5,951 | -7,461 | - | - | - | - | - | - | - | - |
Net cash used in financing activities | |||||||||
-5,882 | -12,147 | -8,185 | - | - | - | - | -4,976 | 2,270 | -15,998 |
Net increase (decrease) in cash and cash equivalents | |||||||||
2,657 | 662 | -4,052 | - | - | - | - | - | - | - |
Proceeds from exercise of stock options | |||||||||
- | - | - | - | - | 26 | 1 | - | - | - |
Taxes paid related to net share settlement of equity awards | |||||||||
- | - | - | 8 | 32 | 86 | 143 | - | - | - |
Repurchase of stock | |||||||||
- | - | - | - | 79 | 103 | - | - | - | - |
Net cash used in financing activities | |||||||||
- | - | - | 4,902 | 3,131 | 567 | 11,514 | - | - | - |
Net decrease in cash and cash equivalents | |||||||||
- | - | - | -6,687 | 4,950 | -4,397 | 8,356 | -2,100 | 5,164 | -610 |
Supplemental cash flow information: | |||||||||
Interest paid, net of interest capitalized | |||||||||
420 | 190 | 493 | 73 | 412 | 806 | 212 | 1,226 | - | 904 |
Income taxes paid | |||||||||
0 | 8 | 18 | - | 519 | -669 | - | - | - | - |
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 | |||||||||
141 | 131 | 127 | 58 | - | - | - | - | - | - |
Conversion of noncontrolling interest to CHCI equity | |||||||||
16,019 | 0 | - | - | - | - | - | - | - | - |
Gain on deconsolidation of Investors X recorded in APIC | |||||||||
682 | 0 | - | - | - | - | - | - | - | - |
Increase in operating lease right-of-use assets upon adoption of ASC 842 | |||||||||
170 | 0 | - | - | - | - | - | - | - | - |
Increase in class A common stock par value in connection with CGF Private Placement | |||||||||
- | - | - | - | 2 | - | - | - | - | - |
Increase in additional paid-in capital in connection with issuance of class A common stock under the CGF Private Placement | |||||||||
- | - | - | - | 903 | - | - | - | - | - |
Receivables arising from notes payable due - proceeds due to the Company from CGF | |||||||||
- | - | - | - | - | 823 | - | - | - | - |
Discount on notes payable | |||||||||
- | - | - | - | 605 | 1,279 | - | - | - | - |
Interest paid, net of interest capitalized | |||||||||
- | - | - | - | - | - | - | - | 522 | - |
Reduction in proceeds from sale of Cascades multi-family units and increase in other assets related to amounts placed in escrow upon settlement of Cascades multi-family units sale | |||||||||
- | - | - | - | - | - | - | 275 | 0 | - |
Accrued liability settled through issuance of stock | |||||||||
- | - | - | - | 99 | - | - | - | - | - |
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 | - | - | - | - | - | - | - |
Reduction in notes payable in connection with troubled debt restructuring | |||||||||
- | - | - | - | - | - | - | - | - | 7,689 |
Increase in additional paid in capital in connection with troubled debt restructuring | |||||||||
- | - | - | - | - | - | - | - | - | 7,689 |
Reduction in real estate held for development and sale in connection with deconsolidation of subsidiaries | |||||||||
- | - | - | - | - | - | - | - | - | 15,407 |
Reduction in notes payable in connection with deconsolidation of subsidiaries | |||||||||
- | - | - | - | - | - | - | - | - | 15,893 |
Reduction in accrued liabilities in connection with deconsolidation of subsidiaries | |||||||||
- | - | - | - | - | - | - | - | - | 449 |
Increase in opening retained earnings in connection with deconsolidation of subsidiaries | |||||||||
- | - | - | - | - | - | - | - | - | 936 |
Increase in class A common stock par value in connection with issuance of stock compensation | |||||||||
- | - | - | - | 1 | 5 | 10 | - | 8 | 14 |
Increase in Series C preferred stock upon conversion of CGF I & II | |||||||||
0 | 6,751 | 0 | - | - | - | - | - | - | - |
Increase in Additional Paid in Capital upon conversion of CGF I & II | |||||||||
0 | 3,071 | 0 | - | - | - | - | - | - | - |
Extinguishment of Notes payable - due to affiliates, net of discount | |||||||||
0 | -11,421 | 0 | - | - | - | - | - | - | - |
Loan commitment on related party line of credit - CGF II | |||||||||
- | - | - | - | 1,285 | - | - | - | - | - |
Increase in additional paid in capital in connection with issuance of stock compensation | |||||||||
- | - | - | - | - | - | - | - | - | 766 |
Increase in additional paid in capital in connection with SunBridge warrant | |||||||||
- | - | - | - | - | - | - | - | 996 | - |
Increase in treasury stock and accrued liabilities for net-settlement of stock compensation | |||||||||
- | - | - | - | - | - | - | 41 | - | - |