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
 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash Flows From Operating Activities    
Net loss $ (12,873) $ (56,888)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 12,029 13,476
Amortization of discount and premium (262) (193)
Other amortization 4,126 3,823
Amortization of revenue on golf membership deposit liabilities (1,101) (746)
Amortization of prepaid golf membership dues (9,726) (3,451)
Non-cash operating lease expense 2,161 6,333
Stock-based compensation 906 700
(Gain) Loss on lease terminations and impairment 2,648 (2,783)
Equity in earnings, net of impairment from equity method investments 0 24,020
Other losses, net 143 164
Change in:    
Accounts receivable, net, other current assets and other assets - noncurrent (6,522) 4,235
Accounts payable and accrued expenses, deferred revenue, other current liabilities and other liabilities - noncurrent 8,939 5,625
Net cash used in operating activities 468 (5,685)
Cash Flows From Investing Activities    
Proceeds from sale of property and equipment 0 73
Acquisition and additions of property and equipment and intangibles (16,139) (7,702)
Net cash used in investing activities (16,139) (7,629)
Cash Flows From Financing Activities    
Repayments of debt obligations (3,082) (2,068)
Golf membership deposits received 1,325 878
Proceeds from issuance of common stock 53,905 0
Preferred stock dividends paid (1,395) (1,395)
Other financing activities (470) (186)
Net cash provided by (used in) financing activities 50,283 (2,771)
Net Increase (Decrease) in Cash and Cash Equivalents, Restricted Cash and Restricted Cash, noncurrent 34,612 (16,085)
Cash and Cash Equivalents, Restricted Cash and Restricted Cash, noncurrent, Beginning of Period 50,833 31,964
Cash and Cash Equivalents, Restricted Cash and Restricted Cash, noncurrent, End of Period 85,445 15,879
Supplemental Schedule of Non-Cash Investing and Financing Activities    
Preferred stock dividends declared but not paid 930 0
Additions to finance lease assets and liabilities 495 1,028
(Decreases)/increases in accounts payable and accrued expenses related to the purchase of property and equipment (2,688) 4,192
Additions for Right of Use Assets and Liabilities 7,002 659
Cash paid during the period for interest expense $ 1,552 $ 1,711