Quarterly report pursuant to Section 13 or 15(d)

PARENT COMPANY FINANCIALS. (Details 2)

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PARENT COMPANY FINANCIALS. (Details 2) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Operating Activities:        
Net loss $ (7,646) $ (12,908) $ (20,536) $ (20,749)
Adjustments to reconcile net loss to cash used in operating activities:        
Amortization of debt discounts     357 357
Changes in operating assets and liabilities:        
Accounts receivables     913 7,781
Accounts payable and accrued expenses     (8,403) 1,003
Net cash used in operating activities     (25,754) 4,906
Investing Activities:        
Additions to property and equipment     (1,536) (7,340)
Net cash provided by (used in) investing activities     (1,536) (7,340)
Financing Activities:        
Proceeds from issuances of common stock     3,670  
Net cash used in financing activities     17,176 15,526
Net decrease in cash and cash equivalents     (10,114) 13,092
Cash and cash equivalents at beginning of period     26,627 [1] 49,489
Cash and cash equivalents at end of period 16,513 62,581 16,513 62,581
Parent Company [Member]        
Operating Activities:        
Net loss     (20,536) (20,749)
Adjustments to reconcile net loss to cash used in operating activities:        
Equity in losses of subsidiaries 6,610 10,678 16,804 15,380
Depreciation     142 349
Deferred income taxes     563
Amortization of debt discounts     357 357
Changes in operating assets and liabilities:        
Accounts receivables     1,871 (3,893)
Other assets     (281) 1,104
Accounts payable and accrued expenses     1,363 326
Accounts payable with subsidiaries     (600) (620)
Net cash used in operating activities     (880) (7,183)
Investing Activities:        
Dividend from subsidiaries     10,000
Contributions to subsidiaries     (5,000)
Additions to property and equipment     (11) (13)
Net cash provided by (used in) investing activities     (11) 4,987
Financing Activities:        
Proceeds from issuances of common stock     3,670
Payments on senior notes     (3,748)
Preferred stock dividend payments     (627) (627)
Net cash used in financing activities     (705) (627)
Net decrease in cash and cash equivalents     (1,596) (2,823)
Cash and cash equivalents at beginning of period     6,759 5,314
Cash and cash equivalents at end of period $ 5,163 $ 2,491 $ 5,163 $ 2,491
[1] Amounts derived from the audited consolidated financial statements for the year ended December 31, 2018.