Annual report pursuant to Section 13 and 15(d)

PARENT COMPANY FINANCIALS. (Details 2)

v3.20.1
PARENT COMPANY FINANCIALS. (Details 2) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Operating Activities:                    
Net loss $ (41,087) $ (27,326) $ (7,646) $ (12,890) $ (32,010) $ (7,514) $ (12,908) $ (7,841) $ (88,949) $ (60,273)
Adjustments to reconcile net loss to cash used in operating activities:                    
Loss on debt extinguishment                 (6,517)
Amortization of debt discounts                 689 720
Changes in operating assets and liabilities:                    
Accounts receivables                 (6,698) 12,663
Accounts payable and accrued expenses                 (2,587) 4,105
Net cash provided by (used in) operating activities                 (23,363) 1,566
Investing Activities:                    
Additions to property and equipment                 (3,281) (15,154)
Net cash used in investing activities                 (3,281) (15,154)
Financing Activities:                    
Proceeds from issuances of common stock                 3,670 2,057
Net cash provided by (used in) financing activities                 19,014 (9,274)
Net increase (decrease) in cash and cash equivalents                 (7,630) (22,862)
Cash and cash equivalents at beginning of period       26,627       49,489 26,627 49,489
Cash and cash equivalents at end of period 18,997       26,627       18,997 26,627
Parent Company [Member]                    
Operating Activities:                    
Net loss                 (88,949) (60,273)
Adjustments to reconcile net loss to cash used in operating activities:                    
Equity in losses of subsidiaries                 74,004 52,399
Dividends from subsidiaries                 25,000
Depreciation                 267 567
Loss on debt extinguishment                 6,517
Deferred income taxes                 27
Amortization of debt discounts                 689 720
Changes in operating assets and liabilities:                    
Accounts receivables                 (9,018)
Other assets                 3,277 100
Accounts payable and accrued expenses                 2,673 740
Accounts receivable with subsidiaries                 2,115
Accounts payable with subsidiaries                 (49) 2,409
Net cash provided by (used in) operating activities                 544 12,671
Investing Activities:                    
Additions to property and equipment                 (14) (18)
Investments in subsidiaries                 (10,000)
Net cash used in investing activities                 (14) (10,018)
Financing Activities:                    
Proceeds from issuances of common stock                 3,670 2,057
Debt issuances costs                 (1,280)
Payments on senior notes                 (3,748) (2,000)
Preferred stock dividend payments                 (946) (1,265)
Net cash provided by (used in) financing activities                 (2,304) (1,208)
Net increase (decrease) in cash and cash equivalents                 (1,774) 1,445
Cash and cash equivalents at beginning of period       $ 6,759       $ 5,314 6,759 5,314
Cash and cash equivalents at end of period $ 4,985       $ 6,759       $ 4,985 $ 6,759