Quarterly report pursuant to Section 13 or 15(d)

SUBSEQUENT EVENTS

v3.21.1
SUBSEQUENT EVENTS
3 Months Ended
Mar. 31, 2021
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS SUBSEQUENT EVENTSFollowing the close of business on March 31, 2021, management agreements expired for the Lomas Santa Fe Country Club, Tustin Ranch Golf Club, and Yorba Linda Country Club, reducing the total number of courses managed in our traditional golf business to 22. In May 2021, the SeaCliff Country Club lease expired, reducing the total number of leased courses in our traditional golf business to 33. The total annual revenue generated by the four properties during fiscal year ended December 31, 2020 and the quarter ended March 31, 2021 was $22.4 million and $6.6 million, respectively.