Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash Flows From Operating Activities    
Net loss $ (17,362) $ (14,600)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 6,794 4,924
Amortization of discount and premium (91) (56)
Other amortization 1,904 1,938
Amortization of revenue on golf membership deposit liabilities (364) (379)
Amortization of prepaid golf membership dues (4,076) (3,323)
Non-cash operating lease expense 958 1,628
Stock-based compensation 201 1,222
Impairment and other losses 792 4,088
Equity in earnings from equity method investments, net of distributions (344) (341)
Other (gains) losses, net 46 (5,006)
Change in:    
Accounts receivable, net, other current assets and other assets - noncurrent 3,913 (1,052)
Accounts payable and accrued expenses, deferred revenue, other current liabilities and other liabilities - noncurrent 5,052 (11,234)
Net cash used in operating activities (2,577) (22,191)
Cash Flows From Investing Activities    
Proceeds from sale of property and equipment 91 17,749
Acquisition and additions of property and equipment and intangibles (6,573) (22,717)
Net cash used in investing activities (6,482) (4,968)
Cash Flows From Financing Activities    
Repayments of debt obligations (1,484) (1,397)
Golf membership deposits received 489 357
Preferred stock dividends paid (1,395) (1,395)
Other financing activities (176) (3)
Net cash used in financing activities (2,566) (2,438)
Net Decrease in Cash and Cash Equivalents, Restricted Cash and Restricted Cash, noncurrent (11,625) (29,597)
Cash and Cash Equivalents, Restricted Cash and Restricted Cash, noncurrent, Beginning of Period 31,964 82,819
Cash and Cash Equivalents, Restricted Cash and Restricted Cash, noncurrent, End of Period 20,339 53,222
Supplemental Schedule of Non-Cash Investing and Financing Activities    
Preferred stock dividends declared but not paid 0 930
Additions to finance lease assets and liabilities 1,028 6,352
Increases in accounts payable and accrued expenses related to the purchase of property and equipment $ 3,771 $ 2,258