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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Sep. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 6,404 $ 14,355 $ 20,960
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 2,053 1,909  
Deferred tax expense (credit) 458 (9,697)  
Loss (gain) on sale of assets (1,176) 140  
Unrealized loss on equity securities 447  
Amortization of debt discount and issuance costs 95 324  
Deferred rent 142 75  
Gain on insurance settlements (20)  
Debt prepayment penalty 543  
Changes in operating assets and liabilities:      
Accounts receivable 1,723 (926)  
Inventories (163) (270)  
Prepaid expenses and other assets 1,939 1,044  
Accounts payable and accrued liabilities (470) 668  
Net cash provided by operating activities 11,452 8,145  
CASH FLOWS FROM INVESTING ACTIVITIES      
Proceeds from sale of assets 1,245 632  
Proceeds from insurance 20  
Proceeds from notes receivable 32 28  
Additions to property and equipment (7,295) (2,769)  
Acquisition of businesses, net of cash acquired (13,500)  
Net cash used in investing activities (19,518) (2,089)  
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from long-term debt 5,652 58,920  
Payments on long-term debt (5,279) (61,256)  
Debt prepayment penalty (543)  
Purchase of treasury stock (355)  
Payment of dividends (291) (292)  
Payment of loan origination costs (799)  
Distribution to noncontrolling interests (54)  
Net cash used in financing activities (273) (4,024)  
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (8,339) 2,032  
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 17,726 9,922 9,922
CASH AND CASH EQUIVALENTS AT END OF PERIOD 9,387 11,954 $ 17,726
CASH PAID DURING PERIOD FOR:      
Interest, net of amounts capitalized 2,345 2,890  
Income taxes 243 157  
Non-cash and other transactions:      
Borrowings from certain investors 2,350  
Exchange of notes payable one principal balance 300  
Exchange of notes payable two principal balance 100  
Amount of new notes payable one 450  
Amount of new notes payable two 200  
Entire transaction cash received 1,950  
Total acquisiton price of two clubs acquired 25,500  
Payment of two clubs acquired 13,500  
Total amount of executing three-seller financed notes 12,000  
Refinanced long-term debt 81,200  
New note and repaid worth of debt 18,700  
Borrowed from lender to purchase an aircraft $ 7,100