ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Reconciliation of cash, cash equivalents, and restricted cash

The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the Company's consolidated balance sheets to the total amount presented in the consolidated statement of cash flows (in thousands):

	September 30, 2019		December 31, 2018
Cash and cash equivalents at beginning of period	$	21,845	$	37,682
Current restricted cash at beginning of period	1,514		1,514
Long-term restricted cash at beginning of period	7,225		7,565
Cash, cash equivalents, and restricted cash at beginning of period	$	30,584	$	46,761
Cash and cash equivalents at end of period	$	25,753	$	21,845
Current restricted cash at end of period	1,452		1,514
Long-term restricted cash at end of period	5,096		7,225
Cash, cash equivalents, and restricted cash at end of period	$	32,301	$	30,584

Loyalty deferred revenue

The deferred revenue associated with the loyalty program at September 30, 2019 and December 31, 2018 was $3.6 million and $4.2 million, respectively.

Loyalty program	(in thousands)
Loyalty deferred revenue as of January 1, 2018	$	6,406
Loyalty points forfeited or expired	(4,332		)
Loyalty points used	(11,398		)
Loyalty points vested	12,469
Loyalty points unvested	1,086
Loyalty deferred revenue as of December 31, 2018	$	4,231

Loyalty deferred revenue as of January 1, 2019	$	4,231
Loyalty points forfeited or expired	(3,487		)
Loyalty points used	(6,720		)
Loyalty points vested	8,441
Loyalty points unvested	1,114
Loyalty deferred revenue as of September 30, 2019	$	3,579

Sales return reserve

For the nine months ended September 30, 2019 our sales return reserve consisted of the following (in thousands):

Sales reserve as of January 1, 2018	$	117
Provision related to sales made in current period	1,198
Adjustment related to sales made in prior periods	(10		)
Actual returns or credits related to current period	(1,125		)
Actual returns or credits related to prior periods	(104		)
Sales reserve as of December 31, 2018	$	76
Sales reserve as of January 1, 2019	$	76
Provision related to sales made in current period	780
Adjustment related to sales made in prior periods	31
Actual returns or credits related to current period	(710		)
Actual returns or credits related to prior periods	(103		)
Sales reserve as of September 30, 2019	$	74