v3.22.2.2
CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash Flows From Operating Activities    
Net loss $ (35,610) $ (21,739)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation and amortization 19,144 17,852
Amortization of discount and premium (557) (409)
Other amortization 7,319 6,092
Amortization of revenue on golf membership deposit liabilities (1,708) (1,642)
Amortization of prepaid golf membership dues (11,804) (12,646)
Non-cash operating lease expense 6,251 3,157
Stock-based compensation (444) 1,504
Loss on lease terminations and impairment 16,350 2,972
Gain from insurance proceeds for property loss (3,033) 0
Other losses, net 70 119
Change in:    
Accounts receivable, net, other current assets and other assets - noncurrent (4,347) (8,271)
Accounts payable and accrued expenses, deferred revenue, other current liabilities and other liabilities - noncurrent 20,280 5,141
Net cash provided by (used in) operating activities 11,911 (7,870)
Cash Flows From Investing Activities    
Insurance proceeds for property loss 3,033 0
Acquisition and additions of property and equipment and intangibles (50,969) (22,251)
Net cash used in investing activities (47,936) (22,251)
Cash Flows From Financing Activities    
Repayments of debt obligations (4,182) (4,620)
Golf membership deposits received 13 1,484
Proceeds from issuance of common stock 3 53,905
Capital distribution paid (285) 0
Preferred stock dividends paid (4,185) (2,790)
Other financing activities (1,684) (673)
Net cash provided by (used in) financing activities (10,320) 47,306
Net Increase (Decrease) in Cash and Cash Equivalents, Restricted Cash and Restricted Cash, noncurrent (46,345) 17,185
Cash and Cash Equivalents, Restricted Cash and Restricted Cash, noncurrent, Beginning of Period 62,564 50,833
Cash and Cash Equivalents, Restricted Cash and Restricted Cash, noncurrent, End of Period 16,219 68,018
Supplemental Schedule of Non-Cash Investing and Financing Activities    
Preferred stock dividends declared but not paid 930 930
Additions to finance lease assets and liabilities 1,548 1,670
Capital contribution 0 1,041
Non-cash purchases of property and equipment (13,081) (620)
Additions for right of use assets in exchange for new operating lease liabilities 30,756 9,862
Cash paid during the period for interest expense 1,745 2,165
Cash paid during the period for income taxes $ 1,985 $ 1,489

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