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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2020
Dec. 31, 2019
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2019
Cash flows from operating activities:            
Net income (loss)       $ 10,363 $ (9,475)  
Adjustments to reconcile net income (loss) to net cash provided by operating activities:            
Depreciation and amortization $ 315   $ 421 894 1,393  
Amortization of deferred financing costs and debt discount       8,092 9,250  
Interest expense on 5.75% Convertible Notes paid in shares       1,423    
Stock-based compensation expense       609 760  
Provision for doubtful accounts       2,584 (1,215)  
Periodic lease cost       1,683 1,648  
(Earnings) loss on equity investments in joint ventures       1,455 (2,290)  
Distributions from equity investments         1,981  
Contract asset impairment 2,000   4,000 3,168 4,622  
Trademark impairment 4,814     23,709    
Impairment of equity method investment 17,145   17,000 17,245 17,000  
Mark to market adjustment on convertible note       1,862 (8,350)  
Loss (gain) on debt to equity conversions         1,568  
Gain on sale of trademarks and other investments       (75,705) (209)  
Income on other equity investment         200  
Deferred income tax expense       184 944  
(Gain) Loss on foreign currency translation 531   391 596 760  
Changes in operating assets and liabilities:            
Accounts receivable       10,475 10,209  
Other assets – current       8,070 (6,684)  
Other assets       3,171 151  
Deferred revenue       (164) 858  
Accounts payable and accrued expenses       (13,442) (6,254)  
Other liabilities       13,416 (970)  
Net Cash provided by operating activities       19,688 15,897  
Cash flows provided by (used in) investing activities:            
Purchases of property and equipment       (490) (429)  
Acquisition of trademarks and other investments       (2,294) (5,965)  
Issuance of loan to equity investee       (2,750)    
Proceeds from loan to equity investee       2,750    
Proceeds from sale of trademarks and investments       80,101 3,000  
Net cash provided by (used in) investing activities       77,317 (3,394)  
Cash flows (used in) financing activities:            
Payment of long-term debt       (73,434) (26,369)  
Proceeds from Paycheck Protection Program Loan       1,307    
Distributions to non-controlling interests       (5,550) (9,072)  
Distributions to redeemable non-controlling interests       (7,355) (337)  
Cost of shares repurchased on vesting of restricted stock       (84) (81)  
Net cash (used in) financing activities       (85,116) (35,859)  
Effect of exchange rate changes on cash and restricted cash       (10) (104)  
Net increase (decrease) in cash and cash equivalents, and restricted cash       11,879 (23,460)  
Cash, cash equivalents, and restricted cash, beginning of period   $ 59,175   71,411 82,635 $ 82,635
Cash, cash equivalents, and restricted cash, end of period $ 83,290 $ 71,411 $ 59,175 83,290 59,175 $ 71,411
Cash paid during the period:            
Income taxes (net of refunds received)       (2,075) 5,996  
Interest       $ 28,856 35,666  
Non-cash investing and financing activities:            
Non-cash additions to operating lease assets         10,462  
Shares issued upon conversion of debt to equity         $ 6,229