Lazydays (GORV) 10-Q 13 Aug 19 2019 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2019	Aug. 12, 2019
Document And Entity Information
Entity Registrant Name	Lazydays Holdings, Inc.
Entity Central Index Key	0001721741
Document Type	10-Q
Document Period End Date	Jun. 30, 2019
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity's Reporting Status Current	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business Flag	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		8,471,608
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2019

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Current assets
Cash	$ 30,152	$ 26,603
Receivables, net of allowance for doubtful accounts of $645 and $687 at June 30, 2019 and December 31, 2018, respectively	20,104	16,967
Inventories	118,547	167,378
Income tax receivable	231	2,630
Prepaid expenses and other	3,256	3,166
Total current assets	172,290	216,744
Property and equipment, net	80,294	78,043
Goodwill	36,728	36,762
Intangible assets, net	68,286	70,189
Other assets	255	358
Total assets	357,853	402,096
Current liabilities
Accounts payable, accrued expenses and other current liabilities	21,517	22,599
Dividends payable		1,210
Floor plan notes payable, net of debt discount	94,738	143,469
Financing liability, current portion	830	714
Long-term debt, current portion	4,445	4,408
Total current liabilities	121,530	172,400
Long term liabilities
Financing liability, non-current portion, net of debt discount	63,555	60,533
Long term debt, non-current portion, net of debt discount	16,790	19,013
Deferred tax liability	18,717	18,717
Total liabilities	220,592	270,663
Commitments and Contingencies
Series A Convertible Preferred Stock; 600,000 shares, designated, issued, and outstanding as of June 30, 2019 and December 31, 2018; liquidation preference of $62,709 and $61,210 as of June 30, 2019 and December 31, 2018, respectively	57,692	54,983
Stockholders' Equity
Preferred Stock, $0.0001 par value; 5,000,000 shares authorized;
Common stock, $0.0001 par value; 100,000,000 shares authorized; 8,471,608 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively
Additional paid-in capital	80,023	80,606
Accumulated deficit	(454)	(4,156)
Total stockholders' equity	79,569	76,450
Total liabilities and stockholders' equity	$ 357,853	$ 402,096

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Statement of Financial Position [Abstract]
Allowance for doubtful accounts	$ 645	$ 687
Series A convertible preferred stock, shares designated	600,000	600,000
Series A convertible preferred stock, shares issued	600,000	600,000
Series A convertible preferred stock, shares outstanding	600,000	600,000
Series A convertible preferred stock, liquidation preference, value	$ 62,709	$ 61,210
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	5,000,000	5,000,000
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	8,471,608	8,471,608
Common stock, shares outstanding	8,471,608	8,471,608

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	2 Months Ended	3 Months Ended		4 Months Ended	6 Months Ended
	Mar. 14, 2018	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2018	Jun. 30, 2019
Other income/expenses
Net income	$ 2,336	$ 1,858
Successor [Member]
Revenues
New and pre-owned vehicles		149,046	$ 144,361	$ 183,528	$ 301,680
Other		19,500	17,753	22,491	39,923
Total revenues		168,546	162,114	206,019	341,603
Cost applicable to revenues (excluding depreciation and amortization shown below)
New and pre-owned vehicles (including adjustments to the LIFO reserve of $359, $-, $606, $-, and $148, respectively)		128,376	122,329	156,012	259,493
Other		4,692	4,039	4,577	9,685
Total cost applicable to revenue		133,068	126,368	160,589	269,178
Transaction costs		87	252	3,058	315
Depreciation and amortization		2,640	2,691	3,092	5,335
Stock-based compensation		1,112	2,644	3,129	2,626
Selling, general, and administrative expenses		25,151	24,918	29,085	51,603
Income from operations		6,488	5,241	7,066	12,546
Other income/expenses
Gain/(loss) on sale of property and equipment			10	10	(2)
Interest expense		(2,531)	(2,233)	(2,918)	(5,558)
Total other expense		(2,531)	(2,223)	(2,908)	(5,560)
Income before income tax expense		3,957	3,018	4,158	6,986
Income tax expense		(2,099)	(1,176)	(1,625)	(3,284)
Net income		1,858	1,842	2,533	3,702
Dividends on Series A Convertible Preferred Stock		(1,525)	(1,215)	(1,425)	(2,709)
Deemed dividend on Series A Convertible Preferred Stock				(3,392)
Net income (loss) attributable to common stock and participating securities		$ 333	$ 627	$ (2,284)	$ 993
Successor EPS:
Basic and diluted income (loss) per share		$ 0.02	$ 0.04	$ (0.24)	$ 0.06
Weighted average shares outstanding - basic and diluted		9,811,107	9,668,250	9,668,250	9,753,491
Predecessor [Member]
Revenues
New and pre-owned vehicles	119,111
Other	14,828
Total revenues	133,939
Cost applicable to revenues (excluding depreciation and amortization shown below)
New and pre-owned vehicles (including adjustments to the LIFO reserve of $359, $-, $606, $-, and $148, respectively)	101,830
Other	3,047
Total cost applicable to revenue	104,877
Transaction costs	438
Depreciation and amortization	1,212
Stock-based compensation	140
Selling, general, and administrative expenses	22,200
Income from operations	5,072
Other income/expenses
Gain/(loss) on sale of property and equipment	1
Interest expense	(2,019)
Total other expense	(2,018)
Income before income tax expense	3,054
Income tax expense	(718)
Net income	$ 2,336

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Income (Unaudited) (Parenthetical) - USD ($) $ in Thousands	2 Months Ended	3 Months Ended		4 Months Ended	6 Months Ended
	Mar. 14, 2018	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2018	Jun. 30, 2019
Successor [Member]
Adjustments to LIFO reserve		$ 359			$ 606
Predecessor [Member]
Adjustments to LIFO reserve	$ 148

Condensed Consolidated Statem_3

Condensed Consolidated Statement of Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Preferred Stock [Member]Predecessor [Member]	Common Stock [Member]Predecessor [Member]	Common Stock [Member]	Common Stock [Member]Successor [Member]	Treasury Stock [Member]Predecessor [Member]	Additional Paid-In Capital [Member]Predecessor [Member]	Additional Paid-In Capital [Member]	Additional Paid-In Capital [Member]Successor [Member]	Retained Earnings [Member]Predecessor [Member]	Retained Earnings [Member]	Predecessor [Member]	Total	Successor [Member]	Accumulated deficit [Member]Successor [Member]	Total Stockholders' Equity [Member]Successor [Member]
Balance at Dec. 31, 2017		$ 3			$ (11)	$ 49,756			$ 1,085			$ 50,833
Balance, shares at Dec. 31, 2017		3,333,166			165
Stock-based compensation						140						140
Net income									2,336		$ 2,336	2,336
Balance at Mar. 14, 2018		$ 3			$ (11)	49,896		$ 6,139	3,421			53,309		$ (1,536)	$ 4,603
Balance, shares at Mar. 14, 2018		3,333,166		1,872,428	165
Stock-based compensation								485							485
Conversion of Andina rights into shares of Lazydays Holdings, Inc.
Conversion of Andina rights into shares of Lazydays Holdings, Inc., shares				615,436
Reclassification shares of Andina common stock subject to redemption								$ 4,910							$ 4,910
Reclassification shares of Andina common stock subject to redemption, shares				472,571
Issuance of common stock and warrants in PIPE transaction, net								32,718							32,718
Issuance of common stock and warrants in PIPE transaction, net, shares				2,653,984
Issuance of shares in acquisition of Lazy Days' R.V. Center, Inc.								29,400							29,400
Issuance of shares in acquisition of Lazy Days' R.V. Center, Inc., shares				2,857,189
Beneficial conversion feature of Series A convertible preferred stock								3,392							3,392
Deemed dividend related to immediate accretion of beneficial conversion								(3,392)							(3,392)
Issuance of warrants issued to Series A preferred stockholders and placement agent								2,666							2,666
Dividends on Series A preferred stock								(210)							(210)
Net income														691	691
Balance at Mar. 31, 2018								76,108						(845)	75,263
Balance, shares at Mar. 31, 2018				8,471,608
Balance at Mar. 14, 2018		$ 3			$ (11)	$ 49,896		6,139	$ 3,421			53,309		(1,536)	4,603
Balance, shares at Mar. 14, 2018		3,333,166		1,872,428	165
Net income													$ 2,533
Balance at Jun. 30, 2018								78,534							78,534
Balance, shares at Jun. 30, 2018				8,471,608
Balance at Mar. 31, 2018								76,108						(845)	75,263
Balance, shares at Mar. 31, 2018				8,471,608
Stock-based compensation								2,644							2,644
Dividends on Series A preferred stock								(218)						(997)	(1,215)
Net income													1,842	1,842	1,842
Balance at Jun. 30, 2018								$ 78,534							$ 78,534
Balance, shares at Jun. 30, 2018				8,471,608
Balance at Dec. 31, 2018							$ 80,606			$ (4,156)		76,450
Balance, shares at Dec. 31, 2018			8,471,608
Stock-based compensation							1,514					1,514
Dividends on Series A preferred stock							(1,184)					(1,184)
Repurchase of Unit Purchase Options							(500)					(500)
Net income										1,844		1,844
Balance at Mar. 31, 2019							80,436			(2,312)		78,124
Balance, shares at Mar. 31, 2019			8,471,608
Balance at Dec. 31, 2018							80,606			(4,156)		76,450
Balance, shares at Dec. 31, 2018			8,471,608
Net income													3,702
Balance at Jun. 30, 2019							80,023			(454)		79,569
Balance, shares at Jun. 30, 2019			8,471,608
Balance at Mar. 31, 2019							80,436			(2,312)		78,124
Balance, shares at Mar. 31, 2019			8,471,608
Stock-based compensation							1,112					1,112
Dividends on Series A preferred stock							(1,525)					(1,525)
Net income										1,858		1,858	$ 1,858
Balance at Jun. 30, 2019							$ 80,023			$ (454)		$ 79,569
Balance, shares at Jun. 30, 2019			8,471,608

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	2 Months Ended	4 Months Ended	6 Months Ended
	Mar. 14, 2018	Jun. 30, 2018	Jun. 30, 2019
Cash Flows From Operating Activities
Net income	$ 2,336
Successor [Member]
Cash Flows From Operating Activities
Net income		$ 2,533	$ 3,702
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Stock based compensation		3,129	2,626
Bad debt expense		152	148
Depreciation and amortization of property and equipment		2,166	3,428
Amortization of intangible assets		926	1,907
Amortization of debt discount		449	175
Loss/(gain) on sale of property and equipment		(10)	2
Deferred income taxes
Changes in operating assets and liabilities:
Receivables		(7,970)	(3,295)
Inventories		9,154	49,049
Prepaid expenses and other		(638)	(90)
Income tax receivable/payable		(1,151)	2,399
Other assets		(74)	103
Accounts payable, accrued expenses and other current liabilities		(5,490)	(1,107)
Total Adjustments		643	55,345
Net Cash Provided By (Used in) Operating Activities		3,176	59,047
Cash Flows From Investing Activities
Cash paid for acquisitions		(86,178)
Cash acquired in the purchase of Lazy Days' R.V. Center, Inc.		9,188
Proceeds from sales of property and equipment		35	20
Purchases of property and equipment		(568)	(5,919)
Net Cash Used In Investing Activities		(77,523)	(5,899)
Cash Flows From Financing Activities
Net (repayments)/borrowings under M&T bank floor plan		96,677	(48,893)
Repayment of Bank of America floor plan		(96,740)
Net repayments under floor plan with Bank of America
Repayments under long term debt with Bank of America		(8,820)
Borrowings under long term debt with M&T bank		20,000
Repayment of long term debt with M&T bank		(725)	(1,450)
Net proceeds from the issuance of Series A preferred stock and warrants		57,650
Net proceeds from the issuance of common stock and warrants		32,719
Proceeds from financing liability			3,476
Repayments of financing liability		(140)	(341)
Payment of dividends on Series A preferred stock			(1,210)
Repurchase of Unit Purchase Options			(500)
Repayments of notes payable to Andina related parties		(761)
Repayments of acquisition notes payable			(681)
Payment of contingent liability - RV America acquisition
Loan issuance costs		(615)
Net Cash (Used In) Provided by Financing Activities		99,245	(49,599)
Net Increase (Decrease) In Cash		24,898	3,549
Cash - Beginning		10,671	26,603
Cash - Ending	10,671	35,569	30,152
Supplemental Disclosures of Cash Flow Information:
Cash paid during the period for interest		2,484	5,488
Cash paid during the period for income taxes net of refunds received		2,776	886
Non-Cash Investing and Financing Activities
Rental vehicles transferred to inventory, net		67	218
Conversion of Andina redeemable common stock to common stock of Lazydays Holdings, Inc.		4,910
Rental equipment purchased under floor plan
Accrued dividends on Series A Preferred Stock		1,425	2,709
Beneficial conversion feature on Series A Preferred Stock		3,392
Warrants issued to Series A Preferred stockholders and investment bank		2,660
Common stock issued to former stock holders of Lazy Days' R.V. Center, Inc.		29,400
Net assets acquired in the acquisition of Lazy Days' R.V. Center, Inc.		106,391
Predecessor [Member]
Cash Flows From Operating Activities
Net income	2,336
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Stock based compensation	140
Bad debt expense
Depreciation and amortization of property and equipment	1,058
Amortization of intangible assets	154
Amortization of debt discount	136
Loss/(gain) on sale of property and equipment	(1)
Deferred income taxes	630
Changes in operating assets and liabilities:
Receivables	5,143
Inventories	1,435
Prepaid expenses and other	44
Income tax receivable/payable	(3,573)
Other assets	18
Accounts payable, accrued expenses and other current liabilities	2,463
Total Adjustments	7,647
Net Cash Provided By (Used in) Operating Activities	9,983
Cash Flows From Investing Activities
Cash paid for acquisitions
Cash acquired in the purchase of Lazy Days' R.V. Center, Inc.
Proceeds from sales of property and equipment
Purchases of property and equipment	(694)
Net Cash Used In Investing Activities	(694)
Cash Flows From Financing Activities
Net (repayments)/borrowings under M&T bank floor plan
Repayment of Bank of America floor plan
Net repayments under floor plan with Bank of America	(12,272)
Repayments under long term debt with Bank of America	(310)
Borrowings under long term debt with M&T bank
Repayment of long term debt with M&T bank
Net proceeds from the issuance of Series A preferred stock and warrants
Net proceeds from the issuance of common stock and warrants
Proceeds from financing liability
Repayments of financing liability	(144)
Payment of dividends on Series A preferred stock
Repurchase of Unit Purchase Options
Repayments of notes payable to Andina related parties
Repayments of acquisition notes payable
Payment of contingent liability - RV America acquisition	(667)
Loan issuance costs
Net Cash (Used In) Provided by Financing Activities	(13,393)
Net Increase (Decrease) In Cash	(4,104)
Cash - Beginning	13,292	$ 9,188
Cash - Ending	9,188
Supplemental Disclosures of Cash Flow Information:
Cash paid during the period for interest	2,182
Cash paid during the period for income taxes net of refunds received	3,587
Non-Cash Investing and Financing Activities
Rental vehicles transferred to inventory, net	89
Conversion of Andina redeemable common stock to common stock of Lazydays Holdings, Inc.
Rental equipment purchased under floor plan	2,911
Accrued dividends on Series A Preferred Stock
Beneficial conversion feature on Series A Preferred Stock
Warrants issued to Series A Preferred stockholders and investment bank
Common stock issued to former stock holders of Lazy Days' R.V. Center, Inc.
Net assets acquired in the acquisition of Lazy Days' R.V. Center, Inc.

Business Organization and Natur

Business Organization and Nature of Operations	6 Months Ended
	Jun. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Business Organization and Nature of Operations	NOTE 1 – BUSINESS ORGANIZATION AND NATURE OF OPERATIONS Lazydays Holdings, Inc. (the “Company” or “Holdings”), a Delaware corporation, which was originally formed on October 24, 2017, as a wholly owned subsidiary of Andina Acquisition Corp. II (“Andina”), an exempted company incorporated in the Cayman Islands on July 1, 2015 for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or other similar business combination with one or more business targets. On October 27, 2017, a merger agreement was entered into by and among Andina, Andina II Holdco Corp. (“Holdco”), a Delaware corporation and wholly-owned subsidiary of Andina, Andina II Merger Sub Inc., a Delaware corporation, and a wholly-owned subsidiary of Holdco (“Merger Sub”), Lazy Days’ R.V. Center, Inc. (and its subsidiaries), a Delaware corporation (“Lazydays RV”), and solely for certain purposes set forth in the merger agreement, A. Lorne Weil (the “Merger Agreement”). The Merger Agreement provided for a business combination transaction by means of (i) the merger of Andina with and into Holdco, with Holdco surviving, changing its name to Lazydays Holdings, Inc. and becoming a new public company (the “Redomestication Merger”) and (ii) the merger of Lazydays RV with and into Merger Sub with Lazydays RV surviving and becoming a direct wholly-owned subsidiary of Holdings (the “Transaction Merger” and together with the Redomestication Merger, the “Mergers”). On March 15, 2018, the Mergers were consummated. Lazydays RV has subsidiaries that operate recreational vehicle (“RV”) dealerships in six locations including one in the state of Florida, two in the state of Colorado, one in the state of Arizona, one in the state of Tennessee and one in the state of Minnesota. On August 1, 2019, the Company acquired a new dealership located near Ocala, Florida (See Note 11- Subsequent Events). Through its subsidiaries, Lazydays RV sells and services new and pre-owned recreational vehicles, sells related parts and accessories, and rents recreational vehicles. It also offers to its customers such ancillary services as extended service contracts, overnight campground and restaurant facilities. The Company also arranges financing for vehicle sales through third-party financing sources.

Significant Accounting Policies

Significant Accounting Policies	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Significant Accounting Policies	NOTE 2 – SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) and the rules and regulations of the Securities and Exchange Commission (“SEC”). Accordingly, they do not include all the information and footnotes required by generally accepted accounting principles for complete financial statements. For additional information, these condensed consolidated financial statements should be read in conjunction with Lazydays Holdings, Inc.’s and Lazy Days’ R.V. Center, Inc.’s consolidated financial statements and notes as of December 31, 2018 and 2017 and for the years then ended, included in the Annual Report on Form 10-K filed with the SEC on March 22, 2019. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Principles of Consolidation Successor The condensed consolidated financial statements in the period from March 15, 2018 to June 30, 2018 and January 1, 2019 to June 30, 2019 include the accounts of Holdings, Lazydays RV and its wholly owned subsidiary LDRV Holdings Corp. LDRV Holdings Corp is the sole owner of Lazydays Land Holdings, LLC, Lazydays Tampa Land Holdings, LLC, Lazydays RV America, LLC, Lazydays RV Discount, LLC, Lazydays Mile Hi RV, LLC, LDRV of Tennessee LLC, and Lazydays of Minneapolis LLC (collectively, the “Company”, “Lazydays” or “Successor”). All significant inter-company accounts and transactions have been eliminated in consolidation. Predecessor The condensed consolidated financial statements in the periods from January 1, 2018 to March 14, 2018 include the accounts of Lazydays RV and its wholly owned subsidiary LDRV Holdings Corp. LDRV Holdings Corp is the sole owner of Lazydays Arizona, LLC, Lazydays Land Holdings, LLC, Lazydays Tampa Land Holdings, LLC, Lazydays RV America, LLC, Lazydays RV Discount, LLC, and Lazydays Mile Hi RV, LLC (collectively, the “Predecessor”). All significant inter-company accounts and transactions have been eliminated in consolidation. Predecessor and Successor Periods As a result of the Mergers, Holdings is the acquirer for accounting purposes and Lazydays R.V. Center, Inc. is the acquiree and the accounting predecessor. The financial statement presentation distinguishes the results into two distinct periods, the period up to March 14, 2018 (the “Predecessor Period”), the day immediately prior to March 15, 2018 (the “Acquisition Date”) and the period including and after that date (the “Successor Period”). The Mergers were accounted for as a business combination using the acquisition method of accounting and the Successor financial statements reflect a new basis of accounting that is based on the fair value of the net assets acquired. As a result of the application of the acquisition method of accounting as of the effective time of the Transaction Merger, the accompanying condensed consolidated financial statements include a black line division which indicates that the Predecessor and Successor reporting entities shown are presented on a different basis and are, therefore, not directly comparable. The historical financial information of Andina (which was a special purpose acquisition company) prior to the business combination has not been reflected in the Predecessor financial statements as these historical amounts have been considered immaterial. Accordingly, no other activity in the Company was reported in the Predecessor Period other than the activity of Lazydays RV. Use of Estimates in the Preparation of Financial Statements The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates include the assumptions used in the valuation of the net assets acquired in business combinations, goodwill and other intangible assets, provision for charge-backs, inventory write-downs, the allowance for doubtful accounts and stock-based compensation. Revenue Recognition In May 2014, the Financial Accounting Standards Board (“FASB”) issued accounting standard updates which clarified principles for recognizing revenue arising from contracts with customers (Accounting Standards Codification (“ASC”) 606 (“ASC 606”) which superseded existing accounting guidance for revenue recognition. The core principle of the revenue standard is that an entity recognizes revenue to depict the transfer of promised goods or services to clients in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The new guidance applies a five-step model for revenue measurement and recognition and also requires increased disclosures including the nature, amount, timing, and uncertainty of revenue and cash flows related to contracts with clients. The Company adopted the new revenue recognition standard at the beginning of the first quarter of fiscal 2019 using the modified retrospective method of adoption and applied the guidance to those contracts that were not completed as of December 31, 2018. Based on the evaluation, the Company did not identify customer contracts which will require different recognition under the new guidance. Revenues are recognized when control of the promised goods or services is transferred to the customers at the expected amount the Company is entitled to for such goods and services. Taxes collected on revenue producing transactions are excluded from revenue in the condensed consolidated statements of income. The following table represents the Company’s disaggregation of revenue: Three Months Six Months Successor Successor Successor Predecessor April 1, 2019 to April 1, 2018 to January 1, 2019 to March 15, 2018 to January 1, 2018 to New vehicles revenue $ 94,234 $ 88,643 $ 192,046 $ 113,928 $ 73,831 Preowned vehicle revenue 54,812 55,718 109,634 69,600 45,280 Parts, accessories, and related services 8,731 8,103 17,506 9,944 6,121 Finance and insurance revenue 9,537 8,219 19,252 10,656 6,861 Campground, rental, and other revenue 1,232 1,431 3,165 1,891 1,846 $ 168,546 $ 162,114 $ 341,603 $ 206,019 $ 133,939 Revenue from the sale of vehicle contracts is recognized at a point in time on delivery, transfer of title and completion of financing arrangements. Revenue from the sale of parts, accessories, and related service is recognized as services and parts are delivered or as a customer approves elements of the completion of service. Revenue from the sale of parts, accessories, and related service is recognized in other revenue in the accompanying condensed consolidated statements of income. Revenue from the rental of vehicles is recognized pro rata over the period of the rental agreement. The rental agreements are generally short-term in nature. Revenue from rentals is included in other revenue in the accompanying condensed consolidated statements of income. Campground revenue is also recognized over the time period of use of the campground. The Company receives commissions from the sale of insurance and vehicle service contracts to customers. In addition, the Company arranges financing for customers through various financial institutions and receives commissions. The Company may be charged back (“charge-backs”) for financing fees, insurance or vehicle service contract commissions in the event of early termination of the contracts by the customers. The revenues from financing fees and commissions are recorded at the time of the sale of the vehicles and an allowance for future charge-backs is established based on historical operating results and the termination provision of the applicable contracts. The estimates for future chargebacks require judgment by management, and as a result there is an element of risk associated with these revenue streams. The Company recognized finance and insurance revenues, net of chargebacks, which is included in other revenue as follows (unaudited): Three Months Six Months Successor Successor Successor Predecessor April 1, 2019 to April 1, 2018 to January 1, 2019 to March 15, 2018 to January 1, 2018 to Gross finance and insurance revenues $ 11,009 $ 9,060 $ 21,687 $ 11,577 $ 7,483 Chargebacks (1,472 ) (841 ) (2,435 ) (921 ) (622 ) Net Finance Revenue $ 9,537 $ 8,219 $ 19,252 $ 10,656 $ 6,861 The Company has an accrual for charge-backs which totaled $3,998 and $3,252 at June 30, 2019 and December 31, 2018, respectively, and is included in “Accounts payable, accrued expenses, and other current liabilities” in the accompanying condensed consolidated balance sheets. Deposits on vehicles received in advance are accounted for as a liability and recognized into revenue upon completion of each respective transaction. These contract liabilities are included in Note 5 – Accounts Payable, Accrued Expenses, and Other Current Liabilities as customer deposits. During the Successor Period from January 1, 2019 to June 30, 2019, $1,694 of contract liabilities as of December 31, 2018 were recognized in revenue. Inventories Vehicle and parts inventories are recorded at the lower of cost or net realizable value, with cost determined by the last-in, first-out (“LIFO”) method. Cost includes purchase costs, reconditioning costs, dealer-installed accessories, and freight. For vehicles accepted in trades, the cost is the fair value of such used vehicles at the time of the trade-in. Retail parts, accessories, and other inventories primarily consist of retail travel and leisure specialty merchandise. The current replacement costs of LIFO inventories exceeded their recorded values by $1,881 and $1,275 as of June 30, 2019 and December 31, 2018, respectively. Cumulative Redeemable Convertible Preferred Stock The Company’s Series A Preferred Stock (See Note 9 – Preferred Stock) is cumulative redeemable convertible preferred stock. Accordingly, it is classified as temporary equity and is shown net of issuance costs and the relative fair value of warrants issued in conjunction with the issuance of the Series A Preferred Stock. Unpaid preferred dividends are accumulated, compounded at each quarterly dividend date and presented within the carrying value of the Series A Preferred Stock until a dividend is declared by the board of directors. Stock Based Compensation The Company accounts for stock-based compensation for employees and directors in accordance with ASC 718, Compensation (“ASC 718”). ASC 718 requires all share-based payments to employees, including grants of employee stock options, to be recognized in the statement of operations based on their fair values. Under the provisions of ASC 718, stock-based compensation costs are measured at the grant date, based on the fair value of the award, and are recognized as expense over the employee’s requisite or derived service period. In accordance with ASC 718, excess tax benefits realized from the exercise of stock-based awards are classified as cash flows from operating activities. All excess tax benefits and tax deficiencies (including tax benefits of dividends on share-based payment awards) are recognized as income tax expense or benefit in the condensed consolidated statements of income. Earnings Per Share The Company computes basic and diluted earnings/(loss) per share (“EPS”) by dividing net earnings/(loss) by the weighted average number of shares of common stock outstanding during the period. The Company is required, in periods in which it has net income, to calculate EPS using the two-class method. The two-class method is required because the Company’s Series A Preferred Stock have the right to receive dividends or dividend equivalents should the Company declare dividends on its common stock. Under the two-class method, earnings for the period are allocated on a pro-rata basis to the common and preferred stockholders. The weighted-average number of common and preferred shares outstanding during the period is then used to calculate basic EPS for each class of shares. In periods in which the Company has a net loss, basic loss per share is calculated by dividing the loss attributable to common stockholders by the weighted-average number of common shares outstanding during the period. The two-class method is not used, because the preferred stock does not participate in losses. The following table summarizes net income (loss) attributable to common stockholders used in the calculation of basic and diluted loss per common share: Successor April 1, 2019 to June 30, 2019 April 1, 2018 to January 1, 2019 to March 15, 2018 to (Dollars in thousands - except per share and per share amounts) Distributed earnings allocated to common stock $ - $ - $ - $ - Undistributed earnings (loss) allocated to common stock 205 388 611 (2,284 ) Net earnings (loss) allocated to common stock 205 388 611 (2,284 ) Net earnings allocated to participating securities 128 239 382 - Net income (loss) allocated to common stock and participating securities $ 333 $ 627 $ 993 $ (2,284 ) Weighted average shares outstanding for basic earnings per common share 9,811,107 9,668,250 9,753,491 9,668,250 Dilutive effect of warrants and options - - - - Weighted average shares outstanding for diluted earnings per common share 9,811,107 9,668,250 9,753,491 9,668,250 Basic earnings (loss) per common share $ 0.02 $ 0.04 $ 0.06 $ (0.24 ) Diluted earnings (loss) per common share $ 0.02 $ 0.04 $ 0.06 $ (0.24 ) During the Successor Periods, the denominator of the basic and dilutive EPS was calculated as follows: April 1, 2019 to June 30, 2019 April 1, 2018 to June 30, 2018 January 1, 2019 to June 30, 2019 March 15, 2018 to June 30, 2018 Weighted average outstanding common shares 8,471,608 8,471,608 8,413,992 8,471,608 Weighted average shares held in escrow - (142,857 ) - (142,857 ) Weighted average prefunded warrants 1,339,499 1,339,499 1,339,499 1,339,499 Weighted shares outstanding - basic and diluted 9,811,107 9,668,250 9,753,491 9,668,250 For the Successor Periods, the following common stock equivalent shares were excluded from the computation of the diluted loss per share, since their inclusion would have been anti-dilutive: April 1, 2019 to June 30, 2019 April 1, 2018 to June 30, 2018 January 1, 2019 to June 30, 2019 March 15, 2018 to June 30, 2018 Shares underlying Series A Convertible Preferred Stock - - - 5,962,733 Shares underlying warrants 4,677,458 4,677,458 4,677,458 4,677,458 Stock options 3,677,580 3,658,421 3,677,580 3,658,421 Shares underlying unit purchase options - 657,142 - 657,142 Share equivalents excluded from EPS 8,355,038 8,993,021 8,355,038 14,955,754 During the periods from April 1, 2019 to June 30, 2019, April 1, 2018 to June 30, 2018, and January 1, 2019 to June 30, 2019, the two-stock method excludes the dilutive shares issuable upon conversion of the Series A Convertible Preferred Stock. As of June 30, 2019, the Company did not declare and pay the dividend. As a result, the Series A Convertible Preferred Stock was convertible into 6,231,950 shares of common stock. Advertising Costs Advertising and promotion costs are charged to operations in the period incurred. Advertising and promotion costs totaled approximately $3,013 and $2,996 for the three months ended June 30, 2019 and 2018 (Successor Periods), respectively. Advertising and promotion charges were $6,933, $3,353, and $2,624 for the six months ended June 30, 2019 (Successor Period), the period from March 15, 2018 to June 30, 2018 (Successor Period), and the period from January 1, 2018 to March 14, 2018 (Predecessor Period), respectively. Income Taxes The Company recognizes deferred tax liabilities and assets for the expected future tax consequences of events that have been included in the financial statements or tax returns. Deferred tax assets and liabilities are determined based on the difference between the financial statement and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The Company estimates the degree to which tax assets and credit carry forwards will result in a benefit based on expected profitability by tax jurisdiction. In its interim financial statements, the Company follows the guidance in ASC 270, “Interim Reporting” and ASC 740 “Income Taxes”, whereby the Company utilizes the expected annual effective tax rate in determining its income tax provisions for the interim periods. Seasonality The Company’s combined operations generally experience modestly higher vehicle sales in the first half of each year during the winter months at the Company’s largest location in Tampa, Florida. Vendor Concentrations The Company purchases its new recreational vehicles and replacement parts from various manufacturers. During the Successor Period from April 1, 2019 to June 30, 2019, four major manufacturers accounted for 36.1%, 22.3%, 17.0%, and 15.4% of RV purchases. During the Successor Period from January 1, 2019 to June 30, 2019, four major manufacturers accounted for 40.0%, 20.6%, 16.7% and 13.2% of RV purchases. During the Successor Period from April 1, 2018 to June 30, 2018, four major manufacturers accounted for 33.2%, 26.8%, 16.7%, and 15.9% of RV purchases. During the Successor Period from March 15, 2018 to June 30, 2018, four major manufacturers accounted for 32.7%, 29.3%, 16.0%, and 13.8% of RV purchases. During the Predecessor Period from January 1, 2018 to March 14, 2018, four major manufacturers accounted for 36.1%, 21.4%, 18.2%, and 16.1% of RV purchases. The Company is subject to dealer agreements with each manufacturer. The manufacturer is entitled to terminate the dealer agreement if the Company is in material breach of the agreement terms. Geographic Concentrations The percent of revenues generated by customers of the Florida location and the Colorado locations, which generate greater than 10% of revenues, were as follows (unaudited): Three Months Six Months Successor Successor Successor Predecessor April 1, 2019 to April 1, 2018 to June 30, 2018 January 1, 2019 to March 15, 2018 to January 1, 2018 to Florida 64 % 74 % 69 % 75 % 81 % Colorado 16 % 19 % 13 % 18 % 11 % These geographic concentrations increase the exposure to adverse developments related to competition, as well as economic, demographic, weather and other changes in these regions. Subsequent Events Management of the Company has analyzed the activities and transactions subsequent to June 30, 2019 through the date these condensed consolidated financial statements were issued to determine the need for any adjustments to or disclosures within the financial statements. The Company disclosed subsequent events that would require disclosure in the condensed consolidated financial statements in Note 11- Subsequent Events. Reclassifications Certain amounts in prior periods have been reclassified to conform to the current period presentation. These reclassifications had no effect on the previously reported net income. Recently Issued Accounting Standards The Company qualifies as an emerging growth company pursuant to the provision of the Jumpstart Our Business Startups (“JOBS”) Act. Section 107 of the JOBS Act provides that an emerging growth company can delay the adoption of certain new accounting standards until those standards would otherwise apply to private companies. The Company has elected to take advantage of the extended transition period provided by the JOBS Act for complying with new or revised accounting standards.

Business Combination

Business Combination	6 Months Ended
	Jun. 30, 2019
Business Combinations [Abstract]
Business Combination	NOTE 3 – BUSINESS COMBINATION Lazy Days’ R.V. Center, Inc. On March 15, 2018, the Company consummated the Mergers. Under the Merger Agreement, upon consummation of the Redomestication Merger, (i) each ordinary share of Andina was exchanged for one share of common stock of Holdings (“Holdings Shares”), except that holders of ordinary shares of Andina sold in its initial public offering (“public shares”) were entitled to elect instead to receive a pro rata portion of Andina’s trust account, as provided in Andina’s charter documents, (ii) each Andina IPO right (4,310,000 at March 15, 2018 prior to the Mergers) entitled the holder to receive one-seventh of a Holdings Share and (iii) each Andina warrant (4,310,000 at March 15, 2018) entitled the holder to purchase one-half of one Holdings Share at a price of $11.50 per whole share. Upon consummation of the Transaction Merger, the Lazydays RV’s stockholders received their pro rata portion of: (i) 2,857,189 Holdings Shares; and (ii) $86,741 in cash, subject to adjustments based on the Predecessor’s finalization of working capital and debt as of closing and also subject to any such Holdings Shares and cash that was issued and paid to the Predecessor’s option holders and participants under the transaction incentive plan (the “Transaction Incentive Plan”). During the year ended December 31, 2018, the Company received $563 as a result of the settlement of the working capital adjustment and the amount was reflected as an adjustment to goodwill. The Company accounted for the Mergers as a business combination using the purchase method of accounting. As a result, the Company determined its allocation of the fair value of the assets acquired and the liabilities assumed of the Predecessor as follows: Cash $ 9,188 Receivables 14,768 Inventories 124,354 Prepaid expenses and other 4,754 Property and equipment 73,642 Intangible assets 68,200 Other assets 200 Total assets acquired 295,106 Accounts payable, accrued expenses and other current liabilities 26,988 Floor plan notes payable 95,663 Financing liability 56,000 Deferred tax liability 20,491 Long-term debt 8,781 Total liabilities assumed 207,923 Net assets acquired $ 87,183 The fair value of the consideration paid was as follows: Purchase Price: Cash consideration paid $ 86,178 Common stock issued to former stockholders, option holders, and bonus receipients of Lazy Days’ R.V. Center, Inc. 29,400 $ 115,578 The common stock was valued at $10.29 per share, the closing price of Andina’s common stock on the date of the Mergers. Goodwill represents the excess of the purchase price over the estimated fair value assigned to tangible and identifiable intangible assets acquired and liabilities assumed from the Predecessor. Goodwill associated with the Mergers is detailed below: As of March 15, 2018 Total consideration $ 115,578 Less net assets acquired 87,183 Goodwill $ 28,395 The following table summarizes the Company’s allocation of the purchase price to the identifiable intangible assets acquired as of the date of the closing of the Mergers. Gross Asset Weighted Average Trade Names, Service Marks and Domain Names $ 30,100 Indefinite Customer Lists $ 9,100 12 years Dealer Agreements $ 29,000 12 Years Trade names and trademarks are indefinite-lived assets and are not subject to amortization. The value of trade names, trademarks, and customer relationships was determined utilizing the relief from royalty method. The Company determined the fair value of the manufacturer relationships utilizing a discounted cash flow model. Direct transaction related costs consist of costs incurred in connection with the Merger Agreement. These costs totaled $2,730 for the period from March 15, 2018 to March 31, 2018 which primarily consisted of the business combination expenses of Andina that were contingent upon the completion of the Mergers. These costs total $381 for the period from January 1, 2018 to March 14, 2018. Acquisitions of Dealerships On August 7, 2018, the Company consummated its asset purchase agreement with Shorewood RV Center (“Shorewood”). The Company simultaneously entered into a real estate purchase agreement with the owners of Shorewood RV Center for the land and building at the Shorewood RV Center location. The purchase price consisted of cash and a note payable to the seller of Shorewood RV Center, subject to a final working capital adjustment. The note payable is a three year note which matures on August 7, 2021, which requires monthly payments of $52 in principal and interest. The note bears interest at 4.75% per year. As part of the acquisition, the Company acquired the inventory of Shorewood RV Center and has added the inventory to the M&T Floor Plan Line of Credit (as defined below). The Company entered into a sales arrangement with a third party for the assets purchased in the real estate purchase agreement and simultaneously leased the property back from the third party. On December 6, 2018, the Company consummated its asset purchase agreement with Tennessee Sales and Service, LLC (“Tennessee RV”). The purchase price consisted of cash and a note payable to the seller of Tennessee RV. The note payable is a four year note which matures on December 6, 2022, which requires monthly payments of $94 in principal and interest. The note bears interest at 5.0% per year. As part of the acquisition, the Company acquired the inventory of Tennessee RV and has added the inventory to the M&T Floor Plan Line of Credit. The Company accounted for the asset purchase agreements as business combinations using the purchase method of accounting as it was determined that Shorewood RV Center and Tennessee RV both constituted a business. As a result, the Company determined its allocation of the fair value of the assets acquired and the liabilities assumed as follows for these dealerships: Inventories $ 23,530 Accounts receivable and prepaid expenses 378 Property and equipment 6,175 Intangible assets 4,610 Total assets acquired 34,693 Accounts payable, accrued expenses and other current liabilities 719 Floor plan notes payable 21,163 Total liabilities assumed 21,882 Net assets acquired $ 12,811 The fair value of consideration paid was as follows: Purchase Price: Cash consideration paid $ 15,300 Amounts due from former owners 24 Note payable issued to former owners 5,820 $ 21,144 Goodwill represents the excess of the purchase price over the estimated fair value assigned to tangible and identifiable intangible assets acquired and liabilities assumed from the Shorewood RV Center and Tennessee RV. Goodwill associated with the transaction is detailed below: Total consideration $ 21,144 Less net assets acquired 12,811 Goodwill $ 8,333 The following table summarizes the Company’s preliminary allocation of the purchase price to the identifiable intangible assets acquired as of the date of the closing. Gross Asset Amount at Acquisition Date Weighted Average Amortization Period in Years Customer Lists $ 210 7-8 years Dealer Agreements $ 4,400 7-8 years The Company recorded approximately $36.2 million in revenue and $1.5 million in net income prior to income taxes during the period from January 1, 2019 to June 30, 2019 related to these acquisitions. The Company recorded approximately $23.2 million in revenue and $1.6 million in net income prior to income taxes during the period from April 1, 2019 to June 30, 2019. Pro Forma Information The following unaudited pro forma financial information summarizes the combined results of operations for the Company as though the Mergers and the purchase of Shorewood RV Center and Tennessee RV had been consummated on January 1, 2018. For the three months ended June 30, For the six months ended June 30, 2019 2018 2019 2018 Revenue $ 168,546 $ 182,086 $ 341,603 $ 373,891 Income before income taxes $ 4,044 $ 4,541 $ 7,301 $ 11,377 Net income $ 1,927 $ 3,046 $ 3,951 $ 7,888 The Company adjusted the combined income of Lazydays RV with Andina, Shorewood, and Tennessee RV, and adjusted net income to eliminate business combination expenses as well as the incremental depreciation and amortization associated with the preliminary purchase price allocation to determine pro forma net income.

Inventories

Inventories	6 Months Ended
	Jun. 30, 2019
Inventory Disclosure [Abstract]
Inventories	NOTE 4 – INVENTORIES Inventories consist of the following: Successor As of As of June 30, 2019 December 31, 2018 (Unaudited) New recreational vehicles $ 81,867 $ 129,361 Pre-owned recreational vehicles 35,359 34,905 Parts, accessories and other 3,202 4,387 120,428 168,653 Less: excess of current cost over LIFO (1,881 ) (1,275 ) $ 118,547 $ 167,378

Accounts Payable, Accrued Expen

Accounts Payable, Accrued Expenses and Other Current Liabilities	6 Months Ended
	Jun. 30, 2019
Payables and Accruals [Abstract]
Accounts Payable, Accrued Expenses and Other Current Liabilities	NOTE 5 – ACCOUNTS PAYABLE, ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES Accounts payable, accrued expenses and other current liabilities consist of the following: Successor As of As of June 30,2019 December 31, 2018 (Unaudited) Accounts payable $ 8,697 $ 10,642 Other accrued expenses 3,151 3,577 Customer deposits 3,257 2,511 Accrued compensation 2,066 2,164 Accrued charge-backs 3,998 3,252 Accrued interest 348 453 Total $ 21,517 $ 22,599

Debt

Debt	6 Months Ended
	Jun. 30, 2019
Debt Disclosure [Abstract]
Debt	NOTE 6 – DEBT M&T Financing Agreement On March 15, 2018, the Company terminated and replaced the Bank of America (“BOA”) credit facility with a $200,000 Senior Secured Credit Facility with M&T Bank (the “M&T Facility”). The M&T Facility includes a Floor Plan Facility (the “M&T Floor Plan Line of Credit”), a Term Loan (the “M&T Term Loan”), and a Revolving Credit Facility (the “M&T Revolver”). The M&T Facility will mature on March 15, 2021. The M&T Facility requires the Company to meet certain financial and other covenants and is secured by substantially all the assets of the Company. The costs of the M&T Facility were recorded as a debt discount. As of June 30, 2019, the payment of dividends by the Company (other than from proceeds of revolving loans) was permitted under the M&T Facility, so long as at the time of payment of any such dividend, no event of default existed under the M&T Facility, or would result from the payment of such dividend, and so long as any such dividend was permitted under the M&T Facility. As of June 30, 2019, the maximum amount of cash dividends that the Company could make from legally available funds to its stockholders was limited to an aggregate of $3,074 pursuant to a trailing twelve month calculation as defined in the M&T Facility. Floor Plan Line of Credit The $175,000 M&T Floor Plan Line of Credit may be used to finance new vehicle inventory, but only $45,000 may be used to finance pre-owned vehicle inventory and $4,500 may be used to finance rental units. Principal becomes due upon the sale of the related vehicle. The M&T Floor Plan Line of Credit shall accrue interest at either (a) the fluctuating 30-day LIBOR rate plus an applicable margin which ranges from 2.00% to 2.30% based upon the Company’s total leverage ratio (as defined in the M&T Facility) or (b) the Base Rate plus an applicable margin ranging from 1.00% to 1.30% based upon the Company’s total leverage ratio (as defined in the M&T Facility). The Base Rate is defined in the M&T Facility as the highest of M&T’s prime rate, the Federal Funds rate plus 0.50% or one-month LIBOR plus 1.00%. In addition, the Company will be charged for unused commitments at a rate of 0.15%. As of June 30, 2019, the interest rate on the M&T Floor Plan Line The M&T Floor Plan Line of Credit consists of the following: Successor As of June 30, 2019 As of December 31, 2018 (Unaudited) Floor plan notes payable, gross $ 94,992 $ 143,885 Debt discount (254 ) (416 ) Floor plan notes payable, net of debt discount $ 94,738 $ 143,469 Term Loan The $20,000 M&T Term Loan will be repaid in equal monthly principal installments of $242 plus accrued interest through the maturity date of March 15, 2021. At the maturity date, the Company will pay a principal balloon payment of $11,300 plus any accrued interest. The M&T Term Loan shall bear interest at (a) LIBOR plus an applicable margin of 2.25% to 3.00% based on the total leverage ratio (as defined in the M&T Facility) or (b) the Base Rate plus a margin of 1.25% to 2.00% based on the total leverage ratio (as defined in the M&T Facility). As of June 30, 2019, the interest rate on the M&T Term Loan was approximately 4.94%. As of June 30, 2019, there was $16,375 outstanding under the M&T Term Loan. Revolver The $5,000 M&T Revolver allows the Company to draw up to $5,000. The M&T Revolver shall bear interest at (a) 30-day LIBOR plus an applicable margin of 2.25% to 3.00% based on the total leverage ratio (as defined in the M&T Facility) or (b) the Base Rate plus a margin of 1.25% to 2.00% based on the total leverage ratio (as defined in the M&T Facility). The M&T Revolver is also subject to unused commitment fees at rates varying from 0.25% to 0.50% based on the total leverage ratio (as defined in the M&T Facility). During the Successor period ended June 30, 2019, there were no outstanding borrowings under the M&T Revolver.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2019
Income Tax Disclosure [Abstract]
Income Taxes	NOTE 7 – INCOME TAXES The Company recorded a provision for federal and state income taxes of $2,099 and $1,176 for the three month Successor Periods ended June 30, 2019 and 2018, respectively, which represent effective tax rates of approximately 53% and 39% respectively. The Company recorded a provision for federal and state income taxes of $3,284 for the Successor Period from January 1, 2019 to June 30, 2019, $1,625 for the Successor Period from March 15 , 2018 to June 30, 2018, and $718 for the Predecessor period from January 1, 2018 to March 14, 2018 which represent effective tax rates of approximately 47%, 39%, and 24%, respectively. The Company’s effective tax rates differ from the federal statutory rate of 21% primarily due to local and state income tax rates, net of the federal tax effect as well as non-deductible stock-based compensation expense and transaction costs.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	NOTE 8 - COMMITMENTS AND CONTINGENCIES Employment Agreements The Company entered into an employment agreement with the Chief Executive Officer (“CEO”) of the Company effective as of the consummation of the Mergers. The employment agreement with the CEO provides for an initial base salary of $540 subject to annual discretionary increases. In addition, the executive is eligible to participate in any employee benefit plans adopted by the Company from time to time and is eligible to receive an annual cash bonus based on the achievement of performance objectives. The CEO’s target bonus is 100% of his base salary. The employment agreement also provided that the executive was to be granted an option to purchase shares of common stock of the Company which was granted in March of 2018 (See Note 10 – Stockholders’ Equity). The employment agreement provides that if the executive is terminated for any reason, he is entitled to receive any accrued benefits, including any earned but unpaid portion of base salary through the date of termination, subject to withholding and other appropriate deductions. In addition, in the event the executive resigns for good reason or is terminated without cause (all as defined in the employment agreement) prior to January 1, 2022, subject to entering into a release, the Company will pay the executive severance equal to two times the base salary and average bonus for the CEO. During May 2018, the Company entered into an offer letter with the Chief Financial Officer (the “CFO”) of the Company. The offer letter provides for an initial base salary of $325 per year subject to annual discretionary increases. In addition, the executive is eligible to participate in any employee benefit plans adopted by the Company from time to time and is eligible to receive an annual cash bonus based on the achievement of performance objectives. The CFO’s target bonus is 75% of his annual base salary (with a potential to earn a maximum of up to 150% of his target bonus). He was also provided with a relocation allowance of $100 which the CFO will be required to repay if he resigns from the Company or is terminated by the Company for cause within two years of his start date. If he is terminated without cause, he will receive twelve months of his base salary as severance. If he is terminated following a change in control, he is also eligible to receive a pro-rated bonus, if the board of directors determines that the performance objectives have been met. He also was granted an option to purchase shares of common stock of the Company (See Note 10- Stockholders’ Equity). Director Compensation The Company’s non-employee members of the board of directors will receive annual cash compensation of $50 for serving on the board of directors, $5 for serving on a committee of the board of directors (other than the Chairman of each of the committees) and $10 for serving as the Chairman of any of the committees of the board of directors. Legal Proceedings The Company is a party to multiple legal proceedings that arise in the ordinary course of business. The Company has certain insurance coverage and rights of indemnification. The Company does not believe that the ultimate resolution of these matters will have a material adverse effect on the Company’s business, results of operations, financial condition, or cash flows. However, the results of these matters cannot be predicted with certainty and an unfavorable resolution of one or more of these matters could have a material adverse effect on the Company’s business, results of operations, financial condition, and/or cash flows.

Preferred Stock

Preferred Stock	6 Months Ended
	Jun. 30, 2019
Equity [Abstract]
Preferred Stock	NOTE 9 – PREFERRED STOCK Simultaneous with the closing of the Mergers, the Company consummated a private placement with institutional investors for the sale of convertible preferred stock, common stock, and warrants for an aggregate purchase price of $94,800 (the “PIPE Investment”). At the closing, the Company issued an aggregate of 600,000 shares of Series A Preferred Stock for gross proceeds of $60,000. The investors in the PIPE Investment were granted certain registration rights as set forth in the securities purchase agreements. The holders of the Series A Preferred Stock include 500,000 shares owned by funds managed by a member of the Company’s board of directors. The Series A Preferred Stock ranks senior to all outstanding stock of the Company. Holders of the Series A Preferred Stock are entitled to vote on an as-converted basis together with the holders of the common stock, and not as a separate class, at any annual or special meeting of stockholders. Each share of Series A Preferred Stock is convertible at the holder’s election at any time, at an initial conversion price of $10.0625 per share, subject to adjustment (as applicable, the “Conversion Price”). Upon any conversion of the Series A Preferred Stock, the Company will be required to pay each holder converting shares of Series A Preferred Stock all accrued and unpaid dividends, in either cash or shares of common stock, at the Company’s option. The Conversion Price will be subject to adjustment for stock dividends, forward and reverse splits, combinations and similar events, as well as for certain dilutive issuances. Dividends on the Series A Preferred Stock accrue at an initial rate of 8% per annum (the “Dividend Rate”), compounded quarterly, on each $100 (which represents a per share amount) of Series A Preferred Stock (the “Issue Price”) and are payable quarterly in arrears. Accrued and unpaid dividends, until paid in full in cash, will accrue at the then applicable Dividend Rate plus 2%. The Dividend Rate will be increased to 11% per annum, compounded quarterly, in the event that the Company’s senior indebtedness less unrestricted cash during any trailing twelve-month period ending at the end of any fiscal quarter is greater than 2.25 times earnings before interest, taxes, depreciation and amortization (“EBITDA”). The Dividend Rate will be reset to 8% at the end of the first fiscal quarter when the Company’s senior indebtedness less unrestricted cash during the trailing twelve-month period ending at the end of such quarter is less than 2.25 times EBITDA. If, at any time following the second anniversary of the issuance of the Series A Preferred Stock, the volume weighted average price of the Company’s common stock equals or exceeds $25.00 per share (as adjusted for stock dividends, splits, combinations and similar events) for a period of thirty consecutive trading days, the Company may elect to force the conversion of any or all of the outstanding Series A Preferred Stock at the Conversion Price then in effect. From and after the eighth anniversary of the issuance of the Series A Preferred Stock, the Company may elect to redeem all, but not less than all, of the outstanding Series A Preferred Stock in cash at the Issue Price plus all accrued and unpaid dividends. From and after the ninth anniversary of the issuance of the Series A Preferred Stock, each holder of Series A Preferred Stock has the right to require the Company to redeem all of the holder’s outstanding shares of Series A Preferred Stock in cash at the Issue Price plus all accrued and unpaid dividends. In the event of any liquidation, merger, sale, dissolution or winding up of the Company, holders of the Series A Preferred Stock will have the right to (i) payment in cash of the Issue Price plus all accrued and unpaid dividends, or (ii) convert the shares of Series A Preferred Stock into common stock and participate on an as-converted basis with the holders of common stock. So long as the Series A Preferred Stock is outstanding, the holders thereof, by the vote or written consent of the holders of a majority in voting power of the outstanding Series A Preferred Stock, shall have the right to designate two members to the board of directors. In addition, five-year warrants to purchase 596,273 shares of common stock at an exercise price of $11.50 per share were issued in conjunction with the issuance of the Series A Preferred Stock. The warrants may be exercised for cash or, at the option of the holder, on a “cashless basis” pursuant to the exemption provided by Section 3(a)(9) of the Securities Act. The warrants may be called for redemption in whole and not in part, at a price of $0.01 per share of common stock, if the last reported sales price of the Company’s common stock equals or exceeds $24.00 per share for any 20 trading days within a 30-day trading period ending on the third business day prior to the notice of redemption to warrant holders, if there is a current registration statement in effect with respect to the shares underlying the warrants. The Series A Preferred Stock, while convertible into common stock, is also redeemable at the holder’s option and, as a result, is classified as temporary equity in the condensed consolidated balance sheets. Based on an analysis of its features, a determination was made that the Series A Preferred Stock was more akin to equity. While the embedded conversion option (“ECO”) was subject to an anti-dilution price adjustment, since the ECO was clearly and closely related to the equity host, it was not required to be bifurcated and it was not accounted for as a derivative liability under ASC 815. After factoring in the relative fair value of the warrants issued in conjunction with the Series A Preferred Stock, the effective conversion price is $9.72 per share, compared to the market price of $10.29 per share on the date of issuance. As a result, a $3,392 beneficial conversion feature was recorded as a deemed dividend in the condensed consolidated statement of income because the Series A Preferred Stock is immediately convertible, with a credit to additional paid-in capital. The relative fair value of the warrants issued with the Series A Preferred Stock of $2,035 was recorded as a reduction to the carrying amount of the preferred stock in the condensed consolidated balance sheet. In addition, aggregate offering costs of $2,981 consisting of cash and the value of five-year warrants to purchase 178,882 shares of common stock at an exercise price of $11.50 per share issued to the placement agent were recorded as a reduction to the carrying amount of the preferred stock. The $632 value of the warrants was determined utilizing the Black-Scholes option pricing model using a term of 5 years, a volatility of 39%, a risk-free interest rate of 2.61%, and a 0% rate of dividends. The discount associated with the Series A Preferred Stock was not accreted during the Successor Period because redemption was not currently deemed to be probable. The Company’s board of directors did not declare a dividend payment on the Series A Preferred Stock of $2,709 for the period from January 1, 2019 to June 30, 2019. The dividends were $4.52 per share of Series A Preferred Stock for the period from January 1, 2019 to June 30, 2019. As a result, the amount was added to the carrying amount of the Series A Preferred Stock and the dividend rate is currently at 10% until such dividends are paid.

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Jun. 30, 2019
Equity [Abstract]
Stockholders' Equity	NOTE 10 – STOCKHOLDERS’ EQUITY Authorized Capital The Company is authorized to issue 100,000,000 shares of common stock, $0.0001 par value, and 5,000,000 shares of preferred stock, $0.0001 par value. The holders of the Company’s common stock are entitled to one vote per share. The holders of Series A Preferred Stock are entitled to the number of votes equal to the number of shares of common stock into which the holder’s shares are convertible. These holders of Series A Preferred Stock also participate in dividends if they are declared by the board of directors. See Note 9 – Preferred Stock, for additional information associated with the Series A Preferred Stock. 2018 Long-Term Incentive Equity Plan On March 15, 2018, the Company adopted the 2018 Long-Term Incentive Equity Plan (the “2018 Plan”). The 2018 Plan reserves up to 13% of the shares of common stock outstanding on a fully diluted basis. The 2018 Plan is administered by the Compensation Committee of the board of directors, and provides for awards of options, stock appreciation rights, restricted stock, restricted stock units, warrants or other securities which may be convertible, exercisable or exchangeable for or into common stock. Due to the fact that the fair market value per share immediately following the closing of the Mergers was greater than $8.75 per share, the number of shares authorized for awards under the 2018 Plan was increased by a formula (as defined in the 2018 Plan) not to exceed 18% of shares of common stock then outstanding on a fully diluted basis. On May 20, 2019, the Company’s stockholders approved the adoption of the Lazydays Holdings, Inc. Amended and Restated 2018 Long Term Incentive Plan (the “Incentive Plan”). The Incentive Plan amends and restates the previously adopted 2018 Plan in order to replenish the pool of shares of common stock available under the Incentive Plan by adding an additional 600,000 shares of common stock and making certain changes in light of the Tax Cuts and Jobs Act and its impact on Section 162(m) of the Internal Revenue Code of 1986, as amended. As of June 30, 2019, there were 746,986 shares of common stock available to be issued under the Incentive Plan. 2019 Employee Stock Purchase Plan On May 20, 2019, the Company’s stockholders approved the 2019 Employee Stock Purchase Plan (the “ESPP”). The ESPP reserved 900,000 shares of common stock for purchase by participants in the ESPP. Participants in the plan may purchase shares of common stock at a purchase price which will not be less than the lesser of 85% of the fair market value per share of the common on the first day of the purchase period or the last day of the purchase period. The initial offering and purchase period under the plan commenced on July 7, 2019 with the first purchase date to be December 1, 2019. Unit Purchase Options On November 24, 2015, Andina sold options to purchase an aggregate of 400,000 units (collectively, the “Unit Purchase Options”) to an investment bank and its designees for $100. The Unit Purchase Options were exercisable at $10.00 per unit, as a result of the Mergers described in Note 3 – Business Combination and they were set to expire on November 24, 2020. The Unit Purchase Options represented the right to purchase an aggregate of 457,142 shares of common stock (which included 57,142 shares of common stock issuable for the rights included in the units, as well as warrants to purchase 200,000 shares of common stock for $11.50 per share). The Unit Purchase Options granted to the holders “demand” and “piggy back” registration rights for periods of five and seven years, respectively, with respect to the securities directly and indirectly issuable upon exercise of the Unit Purchase Options. The Unit Purchase Options were exercisable for cash or on a “cashless” basis, at the holder’s option, such that the holder could have used the appreciated value of the Unit Purchase Options (the difference between the exercise price of the Unit Purchase Option and the market price of the Unit Purchase Options and the underlying shares of common stock) to exercise the Unit Purchase Options without the payment of any cash. The Company had no obligation to net cash settle the exercise of the Unit Purchase Options or the underlying rights or warrants. During January 2019, the Company exchanged $500 for all of the Unit Purchase Options, and as a result, the Unit Purchase Options and any obligation to issue any underlying securities were cancelled. Warrants The Company had the following activity related to shares of common stock underlying warrants: Shares Underlying Weighted Average Warrants outstanding January 1, 2019 4,677,458 $ 11.50 Granted - - Cancelled or Expired - - Exercised - - Warrants outstanding June 30, 2019 4,677,458 $ 11.50 The table above excludes perpetual non-redeemable prefunded warrants to purchase 1,339,499 shares of common stock with an exercise price of $0.01 per share. Stock Options Stock option activity is summarized below: Shares Underlying Options Weighted Average Exercise Price Weighted Average Remaining Contractual Life Aggregate Intrinsic Value Options outstanding at January 1, 2019 3,658,421 $ 11.10 Granted 165,000 6.52 Cancelled or terminated (145,841 ) 11.10 Exercised - - Options outstanding at June 30, 2019 3,677,580 $ 10.89 3.8 $ - Options vested at June 30, 2019 28,152 $ 11.10 3.8 $ - Awards with Market Conditions On March 16, 2018, the Company granted five-year incentive stock options to purchase 3,573,113 shares of common stock at an exercise price of $11.10 per share to employees pursuant to the 2018 Plan, including 1,458,414 shares of common stock underlying the CEO’s stock options and 583,366 shares of common stock underlying the former CFO’s stock options. A set percentage of the stock options shall vest upon the volume weighted average price (“VWAP”) of the common stock, as defined in the option agreements, being equal to or greater than a specified price per share for at least thirty (30) out of thirty-five (35) consecutive trading days, as follows and are exercisable only to the extent that they are vested: 30% of the options shall vest upon the VWAP exceeding $13.125 per share; an additional 30% of the options shall vest upon the VWAP exceeding $17.50 per share; an additional 30% of the options shall vest upon the VWAP exceeding $21.875 per share; and an additional 10% of the options shall vest upon the VWAP exceeding $35.00 per share; provided that the option holder remains continuously employed by the Company (and/or any of its subsidiaries) from the grant date through (and including) the relevant date of vesting. On May 7, 2018, the Company hired a new CFO who received a stock option award exercisable for 583,366 shares of common stock underlying options under the same terms as the former CFO. On June 15, 2018, the former CFO forfeited her existing 583,366 options. The fair value of the awards issued on March 16, 2018 of $15,004 was determined using a Monte Carlo simulation based on a 5-year term, a risk-free rate of 2.62%, an annual dividend yield of 0%, and an annual volatility of 42.8%. The expense is being recognized over the derived service period of each vesting tranche which was determined to be 0.74 years, 1.64 years, 2.24 years, and 3.13 years. The fair value of the awards issued on May 7, 2018 of $2,357 was determined using a Monte Carlo simulation based on a 5- year term, a risk-free rate of 2.74%, an annual volatility of 54.70%, and an annual dividend yield of 0%. The expense is being recognized over the derived service period of each vesting tranche which was determined to be 0.97 years, 1.75 years, 2.15 years, and 2.96 years. The expense recorded for awards with market conditions was $1,059 and $2,621 during the three month Successor Periods ended June 30, 2019 and 2018, respectively. The expense recorded for awards with market conditions was $2,529 during the six months ended June 30, 2019 and $3,100 during the Successor Period from March 15, 2018 to June 30, 2018, which is included in operating expenses in the condensed consolidated statements of income. Awards with Service Conditions On March 16, 2018, the Company granted five-year stock options to purchase an aggregate of 99,526 shares of common stock at an exercise price of $11.10 per share to the non-employee directors of the Company, pursuant to the 2018 Plan. These options vest over three years with one-third vesting on each of the respective anniversary dates. On March 23, 2018, stock options to purchase 14,218 shares of common stock that had been issued to one non-employee director were canceled, while new five-year options to purchase 15,123 shares of common stock at an exercise price of $10.40 per share were issued to certain investment funds pursuant to an arrangement between the same non-employee director and the investment adviser to the funds. The new options were scheduled to vest over three years with one-third vesting on each of the respective anniversary dates. On May 31, 2018, the same non-employee director resigned and options to purchase 15,123 shares of common stock were forfeited. The $350 fair value of these awards was determined using the Black-Scholes option pricing model based on a 3.5 year expected life, a risk-free rate of 2.42%, an annual dividend yield of 0%, and an annual volatility of 39%. The expense is being recognized over the three-year vesting period. The expected life was determined using the simplified method as the awards were determined to be plain-vanilla options. During the six months ended June 30, 2019, stock options to purchase 165,000 shares of common stock were issued to employees. The options had exercise prices ranging from $6.47 to $6.53. The options have a five year life and a four year vesting period. The fair value of the awards of $444 was determined using the Black-Scholes option pricing model based on the following range of assumptions: For the period from Risk free interest rate 2.49%-2.51 % Expected term (years) 3.75 Expected volatility 52 % Expected dividends 0.00 % The expected life was determined using the simplified method as the awards were determined to be plain-vanilla options. The expense for awards with service conditions was $53 and $25 during the three month Successor Periods ended June 30, 2019 and 2018, respectively. The expense recorded for awards with service conditions was $96 during the Successor Period from January 1, 2019 to June 30, 2019 and $29 during the Successor Period from March 15, 2018 to June 30, 2018, which is included in operating expenses in the condensed consolidated statements of income. As of June 30, 2019, total unrecorded compensation cost related to all non-vested awards was $3,998 which is expected to be amortized over a weighted average service period of approximately 1.25 years. The weighted average grant date fair value of awards issued during January 1, 2019 to June 30, 2019 was $2.69 per share.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2019
Subsequent Events [Abstract]
Subsequent Events	NOTE 11 – SUBSEQUENT EVENTS On June 11, 2019, the Company announced that a letter of intent was signed to enter into an asset purchase agreement with Alliance Coach Inc., an RV dealership located near Ocala, Florida. The asset purchase agreement was signed, and the transaction closed on August 1, 2019. Simultaneous with execution of the asset purchase agreement, the Company executed leases with the former owner of Alliance Coach Inc. The purchase price consists of cash and a note payable to Alliance Coach Inc. In addition, the Company has acquired the inventory of Alliance Coach Inc. and has added the inventory to the M&T Floor Plan Line of Credit. The Company is evaluating the accounting effect of the transaction.

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) and the rules and regulations of the Securities and Exchange Commission (“SEC”). Accordingly, they do not include all the information and footnotes required by generally accepted accounting principles for complete financial statements. For additional information, these condensed consolidated financial statements should be read in conjunction with Lazydays Holdings, Inc.’s and Lazy Days’ R.V. Center, Inc.’s consolidated financial statements and notes as of December 31, 2018 and 2017 and for the years then ended, included in the Annual Report on Form 10-K filed with the SEC on March 22, 2019. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included.
Principles of Consolidation	Principles of Consolidation Successor The condensed consolidated financial statements in the period from March 15, 2018 to June 30, 2018 and January 1, 2019 to June 30, 2019 include the accounts of Holdings, Lazydays RV and its wholly owned subsidiary LDRV Holdings Corp. LDRV Holdings Corp is the sole owner of Lazydays Land Holdings, LLC, Lazydays Tampa Land Holdings, LLC, Lazydays RV America, LLC, Lazydays RV Discount, LLC, Lazydays Mile Hi RV, LLC, LDRV of Tennessee LLC, and Lazydays of Minneapolis LLC (collectively, the “Company”, “Lazydays” or “Successor”). All significant inter-company accounts and transactions have been eliminated in consolidation. Predecessor The condensed consolidated financial statements in the periods from January 1, 2018 to March 14, 2018 include the accounts of Lazydays RV and its wholly owned subsidiary LDRV Holdings Corp. LDRV Holdings Corp is the sole owner of Lazydays Arizona, LLC, Lazydays Land Holdings, LLC, Lazydays Tampa Land Holdings, LLC, Lazydays RV America, LLC, Lazydays RV Discount, LLC, and Lazydays Mile Hi RV, LLC (collectively, the “Predecessor”). All significant inter-company accounts and transactions have been eliminated in consolidation. Predecessor and Successor Periods As a result of the Mergers, Holdings is the acquirer for accounting purposes and Lazydays R.V. Center, Inc. is the acquiree and the accounting predecessor. The financial statement presentation distinguishes the results into two distinct periods, the period up to March 14, 2018 (the “Predecessor Period”), the day immediately prior to March 15, 2018 (the “Acquisition Date”) and the period including and after that date (the “Successor Period”). The Mergers were accounted for as a business combination using the acquisition method of accounting and the Successor financial statements reflect a new basis of accounting that is based on the fair value of the net assets acquired. As a result of the application of the acquisition method of accounting as of the effective time of the Transaction Merger, the accompanying condensed consolidated financial statements include a black line division which indicates that the Predecessor and Successor reporting entities shown are presented on a different basis and are, therefore, not directly comparable. The historical financial information of Andina (which was a special purpose acquisition company) prior to the business combination has not been reflected in the Predecessor financial statements as these historical amounts have been considered immaterial. Accordingly, no other activity in the Company was reported in the Predecessor Period other than the activity of Lazydays RV.
Use of Estimates in the Preparation of Financial Statements	Use of Estimates in the Preparation of Financial Statements The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates include the assumptions used in the valuation of the net assets acquired in business combinations, goodwill and other intangible assets, provision for charge-backs, inventory write-downs, the allowance for doubtful accounts and stock-based compensation.
Revenue Recognition	Revenue Recognition In May 2014, the Financial Accounting Standards Board (“FASB”) issued accounting standard updates which clarified principles for recognizing revenue arising from contracts with customers (Accounting Standards Codification (“ASC”) 606 (“ASC 606”) which superseded existing accounting guidance for revenue recognition. The core principle of the revenue standard is that an entity recognizes revenue to depict the transfer of promised goods or services to clients in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The new guidance applies a five-step model for revenue measurement and recognition and also requires increased disclosures including the nature, amount, timing, and uncertainty of revenue and cash flows related to contracts with clients. The Company adopted the new revenue recognition standard at the beginning of the first quarter of fiscal 2019 using the modified retrospective method of adoption and applied the guidance to those contracts that were not completed as of December 31, 2018. Based on the evaluation, the Company did not identify customer contracts which will require different recognition under the new guidance. Revenues are recognized when control of the promised goods or services is transferred to the customers at the expected amount the Company is entitled to for such goods and services. Taxes collected on revenue producing transactions are excluded from revenue in the condensed consolidated statements of income. The following table represents the Company’s disaggregation of revenue: Three Months Six Months Successor Successor Successor Predecessor April 1, 2019 to April 1, 2018 to January 1, 2019 to March 15, 2018 to January 1, 2018 to New vehicles revenue $ 94,234 $ 88,643 $ 192,046 $ 113,928 $ 73,831 Preowned vehicle revenue 54,812 55,718 109,634 69,600 45,280 Parts, accessories, and related services 8,731 8,103 17,506 9,944 6,121 Finance and insurance revenue 9,537 8,219 19,252 10,656 6,861 Campground, rental, and other revenue 1,232 1,431 3,165 1,891 1,846 $ 168,546 $ 162,114 $ 341,603 $ 206,019 $ 133,939 Revenue from the sale of vehicle contracts is recognized at a point in time on delivery, transfer of title and completion of financing arrangements. Revenue from the sale of parts, accessories, and related service is recognized as services and parts are delivered or as a customer approves elements of the completion of service. Revenue from the sale of parts, accessories, and related service is recognized in other revenue in the accompanying condensed consolidated statements of income. Revenue from the rental of vehicles is recognized pro rata over the period of the rental agreement. The rental agreements are generally short-term in nature. Revenue from rentals is included in other revenue in the accompanying condensed consolidated statements of income. Campground revenue is also recognized over the time period of use of the campground. The Company receives commissions from the sale of insurance and vehicle service contracts to customers. In addition, the Company arranges financing for customers through various financial institutions and receives commissions. The Company may be charged back (“charge-backs”) for financing fees, insurance or vehicle service contract commissions in the event of early termination of the contracts by the customers. The revenues from financing fees and commissions are recorded at the time of the sale of the vehicles and an allowance for future charge-backs is established based on historical operating results and the termination provision of the applicable contracts. The estimates for future chargebacks require judgment by management, and as a result there is an element of risk associated with these revenue streams. The Company recognized finance and insurance revenues, net of chargebacks, which is included in other revenue as follows (unaudited): Three Months Six Months Successor Successor Successor Predecessor April 1, 2019 to April 1, 2018 to January 1, 2019 to March 15, 2018 to January 1, 2018 to Gross finance and insurance revenues $ 11,009 $ 9,060 $ 21,687 $ 11,577 $ 7,483 Chargebacks (1,472 ) (841 ) (2,435 ) (921 ) (622 ) Net Finance Revenue $ 9,537 $ 8,219 $ 19,252 $ 10,656 $ 6,861 The Company has an accrual for charge-backs which totaled $3,998 and $3,252 at June 30, 2019 and December 31, 2018, respectively, and is included in “Accounts payable, accrued expenses, and other current liabilities” in the accompanying condensed consolidated balance sheets. Deposits on vehicles received in advance are accounted for as a liability and recognized into revenue upon completion of each respective transaction. These contract liabilities are included in Note 5 – Accounts Payable, Accrued Expenses, and Other Current Liabilities as customer deposits. During the Successor Period from January 1, 2019 to June 30, 2019, $1,694 of contract liabilities as of December 31, 2018 were recognized in revenue.
Inventories	Inventories Vehicle and parts inventories are recorded at the lower of cost or net realizable value, with cost determined by the last-in, first-out (“LIFO”) method. Cost includes purchase costs, reconditioning costs, dealer-installed accessories, and freight. For vehicles accepted in trades, the cost is the fair value of such used vehicles at the time of the trade-in. Retail parts, accessories, and other inventories primarily consist of retail travel and leisure specialty merchandise. The current replacement costs of LIFO inventories exceeded their recorded values by $1,881 and $1,275 as of June 30, 2019 and December 31, 2018, respectively.
Cumulative Redeemable Convertible Preferred Stock	Cumulative Redeemable Convertible Preferred Stock The Company’s Series A Preferred Stock (See Note 9 – Preferred Stock) is cumulative redeemable convertible preferred stock. Accordingly, it is classified as temporary equity and is shown net of issuance costs and the relative fair value of warrants issued in conjunction with the issuance of the Series A Preferred Stock. Unpaid preferred dividends are accumulated, compounded at each quarterly dividend date and presented within the carrying value of the Series A Preferred Stock until a dividend is declared by the board of directors.
Stock Based Compensation	Stock Based Compensation The Company accounts for stock-based compensation for employees and directors in accordance with ASC 718, Compensation (“ASC 718”). ASC 718 requires all share-based payments to employees, including grants of employee stock options, to be recognized in the statement of operations based on their fair values. Under the provisions of ASC 718, stock-based compensation costs are measured at the grant date, based on the fair value of the award, and are recognized as expense over the employee’s requisite or derived service period. In accordance with ASC 718, excess tax benefits realized from the exercise of stock-based awards are classified as cash flows from operating activities. All excess tax benefits and tax deficiencies (including tax benefits of dividends on share-based payment awards) are recognized as income tax expense or benefit in the condensed consolidated statements of income.
Earnings Per Share	Earnings Per Share The Company computes basic and diluted earnings/(loss) per share (“EPS”) by dividing net earnings/(loss) by the weighted average number of shares of common stock outstanding during the period. The Company is required, in periods in which it has net income, to calculate EPS using the two-class method. The two-class method is required because the Company’s Series A Preferred Stock have the right to receive dividends or dividend equivalents should the Company declare dividends on its common stock. Under the two-class method, earnings for the period are allocated on a pro-rata basis to the common and preferred stockholders. The weighted-average number of common and preferred shares outstanding during the period is then used to calculate basic EPS for each class of shares. In periods in which the Company has a net loss, basic loss per share is calculated by dividing the loss attributable to common stockholders by the weighted-average number of common shares outstanding during the period. The two-class method is not used, because the preferred stock does not participate in losses. The following table summarizes net income (loss) attributable to common stockholders used in the calculation of basic and diluted loss per common share: Successor April 1, 2019 to June 30, 2019 April 1, 2018 to January 1, 2019 to March 15, 2018 to (Dollars in thousands - except per share and per share amounts) Distributed earnings allocated to common stock $ - $ - $ - $ - Undistributed earnings (loss) allocated to common stock 205 388 611 (2,284 ) Net earnings (loss) allocated to common stock 205 388 611 (2,284 ) Net earnings allocated to participating securities 128 239 382 - Net income (loss) allocated to common stock and participating securities $ 333 $ 627 $ 993 $ (2,284 ) Weighted average shares outstanding for basic earnings per common share 9,811,107 9,668,250 9,753,491 9,668,250 Dilutive effect of warrants and options - - - - Weighted average shares outstanding for diluted earnings per common share 9,811,107 9,668,250 9,753,491 9,668,250 Basic earnings (loss) per common share $ 0.02 $ 0.04 $ 0.06 $ (0.24 ) Diluted earnings (loss) per common share $ 0.02 $ 0.04 $ 0.06 $ (0.24 ) During the Successor Periods, the denominator of the basic and dilutive EPS was calculated as follows: April 1, 2019 to June 30, 2019 April 1, 2018 to June 30, 2018 January 1, 2019 to June 30, 2019 March 15, 2018 to June 30, 2018 Weighted average outstanding common shares 8,471,608 8,471,608 8,413,992 8,471,608 Weighted average shares held in escrow - (142,857 ) - (142,857 ) Weighted average prefunded warrants 1,339,499 1,339,499 1,339,499 1,339,499 Weighted shares outstanding - basic and diluted 9,811,107 9,668,250 9,753,491 9,668,250 For the Successor Periods, the following common stock equivalent shares were excluded from the computation of the diluted loss per share, since their inclusion would have been anti-dilutive: April 1, 2019 to June 30, 2019 April 1, 2018 to June 30, 2018 January 1, 2019 to June 30, 2019 March 15, 2018 to June 30, 2018 Shares underlying Series A Convertible Preferred Stock - - - 5,962,733 Shares underlying warrants 4,677,458 4,677,458 4,677,458 4,677,458 Stock options 3,677,580 3,658,421 3,677,580 3,658,421 Shares underlying unit purchase options - 657,142 - 657,142 Share equivalents excluded from EPS 8,355,038 8,993,021 8,355,038 14,955,754 During the periods from April 1, 2019 to June 30, 2019, April 1, 2018 to June 30, 2018, and January 1, 2019 to June 30, 2019, the two-stock method excludes the dilutive shares issuable upon conversion of the Series A Convertible Preferred Stock. As of June 30, 2019, the Company did not declare and pay the dividend. As a result, the Series A Convertible Preferred Stock was convertible into 6,231,950 shares of common stock.
Advertising Costs	Advertising Costs Advertising and promotion costs are charged to operations in the period incurred. Advertising and promotion costs totaled approximately $3,013 and $2,996 for the three months ended June 30, 2019 and 2018 (Successor Periods), respectively. Advertising and promotion charges were $6,933, $3,353, and $2,624 for the six months ended June 30, 2019 (Successor Period), the period from March 15, 2018 to June 30, 2018 (Successor Period), and the period from January 1, 2018 to March 14, 2018 (Predecessor Period), respectively.
Income Taxes	Income Taxes The Company recognizes deferred tax liabilities and assets for the expected future tax consequences of events that have been included in the financial statements or tax returns. Deferred tax assets and liabilities are determined based on the difference between the financial statement and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The Company estimates the degree to which tax assets and credit carry forwards will result in a benefit based on expected profitability by tax jurisdiction. In its interim financial statements, the Company follows the guidance in ASC 270, “Interim Reporting” and ASC 740 “Income Taxes”, whereby the Company utilizes the expected annual effective tax rate in determining its income tax provisions for the interim periods.
Seasonality	Seasonality The Company’s combined operations generally experience modestly higher vehicle sales in the first half of each year during the winter months at the Company’s largest location in Tampa, Florida.
Vendor Concentrations	Vendor Concentrations The Company purchases its new recreational vehicles and replacement parts from various manufacturers. During the Successor Period from April 1, 2019 to June 30, 2019, four major manufacturers accounted for 36.1%, 22.3%, 17.0%, and 15.4% of RV purchases. During the Successor Period from January 1, 2019 to June 30, 2019, four major manufacturers accounted for 40.0%, 20.6%, 16.7% and 13.2% of RV purchases. During the Successor Period from April 1, 2018 to June 30, 2018, four major manufacturers accounted for 33.2%, 26.8%, 16.7%, and 15.9% of RV purchases. During the Successor Period from March 15, 2018 to June 30, 2018, four major manufacturers accounted for 32.7%, 29.3%, 16.0%, and 13.8% of RV purchases. During the Predecessor Period from January 1, 2018 to March 14, 2018, four major manufacturers accounted for 36.1%, 21.4%, 18.2%, and 16.1% of RV purchases. The Company is subject to dealer agreements with each manufacturer. The manufacturer is entitled to terminate the dealer agreement if the Company is in material breach of the agreement terms.
Geographic Concentrations	Geographic Concentrations The percent of revenues generated by customers of the Florida location and the Colorado locations, which generate greater than 10% of revenues, were as follows (unaudited): Three Months Six Months Successor Successor Successor Predecessor April 1, 2019 to April 1, 2018 to June 30, 2018 January 1, 2019 to March 15, 2018 to January 1, 2018 to Florida 64 % 74 % 69 % 75 % 81 % Colorado 16 % 19 % 13 % 18 % 11 % These geographic concentrations increase the exposure to adverse developments related to competition, as well as economic, demographic, weather and other changes in these regions.
Subsequent Events	Subsequent Events Management of the Company has analyzed the activities and transactions subsequent to June 30, 2019 through the date these condensed consolidated financial statements were issued to determine the need for any adjustments to or disclosures within the financial statements. The Company disclosed subsequent events that would require disclosure in the condensed consolidated financial statements in Note 11- Subsequent Events.
Reclassifications	Reclassifications Certain amounts in prior periods have been reclassified to conform to the current period presentation. These reclassifications had no effect on the previously reported net income.
Recently Issued Accounting Standards	Recently Issued Accounting Standards The Company qualifies as an emerging growth company pursuant to the provision of the Jumpstart Our Business Startups (“JOBS”) Act. Section 107 of the JOBS Act provides that an emerging growth company can delay the adoption of certain new accounting standards until those standards would otherwise apply to private companies. The Company has elected to take advantage of the extended transition period Act for complying with new or revised accounting standards

Significant Accounting Polici_3

Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Schedule of Disaggregation of Revenue	The following table represents the Company’s disaggregation of revenue: Three Months Six Months Successor Successor Successor Predecessor April 1, 2019 to April 1, 2018 to January 1, 2019 to March 15, 2018 to January 1, 2018 to New vehicles revenue $ 94,234 $ 88,643 $ 192,046 $ 113,928 $ 73,831 Preowned vehicle revenue 54,812 55,718 109,634 69,600 45,280 Parts, accessories, and related services 8,731 8,103 17,506 9,944 6,121 Finance and insurance revenue 9,537 8,219 19,252 10,656 6,861 Campground, rental, and other revenue 1,232 1,431 3,165 1,891 1,846 $ 168,546 $ 162,114 $ 341,603 $ 206,019 $ 133,939
Schedule of Revenue Recognized of Finance and Insurance Revenues	The Company recognized finance and insurance revenues, net of chargebacks, which is included in other revenue as follows (unaudited): Three Months Six Months Successor Successor Successor Predecessor April 1, 2019 to April 1, 2018 to January 1, 2019 to March 15, 2018 to January 1, 2018 to Gross finance and insurance revenues $ 11,009 $ 9,060 $ 21,687 $ 11,577 $ 7,483 Chargebacks (1,472 ) (841 ) (2,435 ) (921 ) (622 ) Net Finance Revenue $ 9,537 $ 8,219 $ 19,252 $ 10,656 $ 6,861
Summary of Net Income (Loss) Attribute to Common Stockholders	The following table summarizes net income (loss) attributable to common stockholders used in the calculation of basic and diluted loss per common share: Successor April 1, 2019 to June 30, 2019 April 1, 2018 to January 1, 2019 to March 15, 2018 to (Dollars in thousands - except per share and per share amounts) Distributed earnings allocated to common stock $ - $ - $ - $ - Undistributed earnings (loss) allocated to common stock 205 388 611 (2,284 ) Net earnings (loss) allocated to common stock 205 388 611 (2,284 ) Net earnings allocated to participating securities 128 239 382 - Net income (loss) allocated to common stock and participating securities $ 333 $ 627 $ 993 $ (2,284 ) Weighted average shares outstanding for basic earnings per common share 9,811,107 9,668,250 9,753,491 9,668,250 Dilutive effect of warrants and options - - - - Weighted average shares outstanding for diluted earnings per common share 9,811,107 9,668,250 9,753,491 9,668,250 Basic earnings (loss) per common share $ 0.02 $ 0.04 $ 0.06 $ (0.24 ) Diluted earnings (loss) per common share $ 0.02 $ 0.04 $ 0.06 $ (0.24 )
Schedule of Denominator of Basic and Dilutive Earnings Per Share	During the Successor Periods, the denominator of the basic and dilutive EPS was calculated as follows: April 1, 2019 to June 30, 2019 April 1, 2018 to June 30, 2018 January 1, 2019 to June 30, 2019 March 15, 2018 to June 30, 2018 Weighted average outstanding common shares 8,471,608 8,471,608 8,413,992 8,471,608 Weighted average shares held in escrow - (142,857 ) - (142,857 ) Weighted average prefunded warrants 1,339,499 1,339,499 1,339,499 1,339,499 Weighted shares outstanding - basic and diluted 9,811,107 9,668,250 9,753,491 9,668,250
Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share	For the Successor Periods, the following common stock equivalent shares were excluded from the computation of the diluted loss per share, since their inclusion would have been anti-dilutive: April 1, 2019 to June 30, 2019 April 1, 2018 to June 30, 2018 January 1, 2019 to June 30, 2019 March 15, 2018 to June 30, 2018 Shares underlying Series A Convertible Preferred Stock - - - 5,962,733 Shares underlying warrants 4,677,458 4,677,458 4,677,458 4,677,458 Stock options 3,677,580 3,658,421 3,677,580 3,658,421 Shares underlying unit purchase options - 657,142 - 657,142 Share equivalents excluded from EPS 8,355,038 8,993,021 8,355,038 14,955,754
Schedule of Geographic Concentration Risk Percentage	The percent of revenues generated by customers of the Florida location and the Colorado locations, which generate greater than 10% of revenues, were as follows (unaudited): Three Months Six Months Successor Successor Successor Predecessor April 1, 2019 to April 1, 2018 to June 30, 2018 January 1, 2019 to March 15, 2018 to January 1, 2018 to Florida 64 % 74 % 69 % 75 % 81 % Colorado 16 % 19 % 13 % 18 % 11 %

Business Combination (Tables)

Business Combination (Tables)	6 Months Ended
	Jun. 30, 2019
Business Combinations [Abstract]
Schedule of Fair Value of Assets Acquired and Liabilities Assumed	As a result, the Company determined its allocation of the fair value of the assets acquired and the liabilities assumed of the Predecessor as follows: Cash $ 9,188 Receivables 14,768 Inventories 124,354 Prepaid expenses and other 4,754 Property and equipment 73,642 Intangible assets 68,200 Other assets 200 Total assets acquired 295,106 Accounts payable, accrued expenses and other current liabilities 26,988 Floor plan notes payable 95,663 Financing liability 56,000 Deferred tax liability 20,491 Long-term debt 8,781 Total liabilities assumed 207,923 Net assets acquired $ 87,183 Inventories $ 23,530 Accounts receivable and prepaid expenses 378 Property and equipment 6,175 Intangible assets 4,610 Total assets acquired 34,693 Accounts payable, accrued expenses and other current liabilities 719 Floor plan notes payable 21,163 Total liabilities assumed 21,882 Net assets acquired $ 12,811
Schedule of Fair Value of Consideration Paid	The fair value of the consideration paid was as follows: Purchase Price: Cash consideration paid $ 86,178 Common stock issued to former stockholders, option holders, and bonus receipients of Lazy Days’ R.V. Center, Inc. 29,400 $ 115,578 Purchase Price: Cash consideration paid $ 15,300 Amounts due from former owners 24 Note payable issued to former owners 5,820 $ 21,144
Schedule of Goodwill Associated with Merger	Goodwill associated with the Mergers is detailed below: As of March 15, 2018 Total consideration $ 115,578 Less net assets acquired 87,183 Goodwill $ 28,395 Total consideration $ 21,144 Less net assets acquired 12,811 Goodwill $ 8,333
Schedule of Identifiable Intangible Assets Acquired	The following table summarizes the Company’s allocation of the purchase price to the identifiable intangible assets acquired as of the date of the closing of the Mergers. Gross Asset Weighted Average Trade Names, Service Marks and Domain Names $ 30,100 Indefinite Customer Lists $ 9,100 12 years Dealer Agreements $ 29,000 12 Years Gross Asset Amount at Acquisition Date Weighted Average Amortization Period in Years Customer Lists $ 210 7-8 years Dealer Agreements $ 4,400 7-8 years
Schedule of Pro Forma Financial Information	The following unaudited pro forma financial information summarizes the combined results of operations for the Company as though the Mergers and the purchase of Shorewood RV Center and Tennessee RV had been consummated on January 1, 2018. For the three months ended June 30, For the six months ended June 30, 2019 2018 2019 2018 Revenue $ 168,546 $ 182,086 $ 341,603 $ 373,891 Income before income taxes $ 4,044 $ 4,541 $ 7,301 $ 11,377 Net income $ 1,927 $ 3,046 $ 3,951 $ 7,888

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jun. 30, 2019
Inventory Disclosure [Abstract]
Schedule of Inventories	Inventories consist of the following: Successor As of As of June 30, 2019 December 31, 2018 (Unaudited) New recreational vehicles $ 81,867 $ 129,361 Pre-owned recreational vehicles 35,359 34,905 Parts, accessories and other 3,202 4,387 120,428 168,653 Less: excess of current cost over LIFO (1,881 ) (1,275 ) $ 118,547 $ 167,378

Accounts Payable, Accrued Exp_2

Accounts Payable, Accrued Expenses and Other Current Liabilities (Tables)	6 Months Ended
	Jun. 30, 2019
Payables and Accruals [Abstract]
Schedule of Accounts Payable, Accrued Expenses and Other Current Liabilities	Accounts payable, accrued expenses and other current liabilities consist of the following: Successor As of As of June 30,2019 December 31, 2018 (Unaudited) Accounts payable $ 8,697 $ 10,642 Other accrued expenses 3,151 3,577 Customer deposits 3,257 2,511 Accrued compensation 2,066 2,164 Accrued charge-backs 3,998 3,252 Accrued interest 348 453 Total $ 21,517 $ 22,599

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2019
Debt Disclosure [Abstract]
Schedule of Floor Plan Notes Payable	The M&T Floor Plan Line of Credit consists of the following: Successor As of June 30, 2019 As of December 31, 2018 (Unaudited) Floor plan notes payable, gross $ 94,992 $ 143,885 Debt discount (254 ) (416 ) Floor plan notes payable, net of debt discount $ 94,738 $ 143,469

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2019
Equity [Abstract]
Schedule of Warrants Activity	The Company had the following activity related to shares of common stock underlying warrants: Shares Underlying Weighted Average Warrants outstanding January 1, 2019 4,677,458 $ 11.50 Granted - - Cancelled or Expired - - Exercised - - Warrants outstanding June 30, 2019 4,677,458 $ 11.50
Schedule of Stock Option Activity	Stock option activity is summarized below: Shares Underlying Options Weighted Average Exercise Price Weighted Average Remaining Contractual Life Aggregate Intrinsic Value Options outstanding at January 1, 2019 3,658,421 $ 11.10 Granted 165,000 6.52 Cancelled or terminated (145,841 ) 11.10 Exercised - - Options outstanding at June 30, 2019 3,677,580 $ 10.89 3.8 $ - Options vested at June 30, 2019 28,152 $ 11.10 3.8 $ -
Schedule of Fair Value Assumptions of Awards	The fair value of the awards of $444 was determined using the Black-Scholes option pricing model based on the following range of assumptions: For the period from Risk free interest rate 2.49%-2.51 % Expected term (years) 3.75 Expected volatility 52 % Expected dividends 0.00 %

Significant Accounting Polici_4

Significant Accounting Policies (Details Narrative) - USD ($) $ in Thousands	2 Months Ended	3 Months Ended		4 Months Ended	6 Months Ended
	Mar. 14, 2018	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2018	Jun. 30, 2019	Dec. 31, 2018
Successor [Member]
Accrued charge-backs		$ 3,998			$ 3,998	$ 3,252
Revenue recognized, contract liabilities					1,694
LIFO inventory value exceeds		1,881			1,881	$ 1,275
Dividend payable
Advertising and promotion costs		$ 3,013	$ 2,996	$ 3,353	$ 6,933
Successor [Member] | Series A Convertible Preferred Stock [Member]
Conversion of stock into common stock		6,231,950			6,231,950
Successor [Member] | Vendor 1 [Member]
Concentration risk, percentage		36.10%	33.20%	32.70%	40.00%
Successor [Member] | Vendor 2 [Member]
Concentration risk, percentage		22.30%	26.80%	29.30%	20.60%
Successor [Member] | Vendor 3 [Member]
Concentration risk, percentage		17.00%	16.70%	16.00%	16.70%
Successor [Member] | Vendor 4 [Member]
Concentration risk, percentage		15.40%	15.90%	13.80%	13.20%
Predecessor [Member]
Advertising and promotion costs	$ 2,624
Predecessor [Member] | Vendor 1 [Member]
Concentration risk, percentage	36.10%
Predecessor [Member] | Vendor 2 [Member]
Concentration risk, percentage	21.40%
Predecessor [Member] | Vendor 3 [Member]
Concentration risk, percentage	18.20%
Predecessor [Member] | Vendor 4 [Member]
Concentration risk, percentage	16.10%

Significant Accounting Polici_5

Significant Accounting Policies - Schedule of Disaggregation of Revenue (Details) - USD ($) $ in Thousands	2 Months Ended	3 Months Ended		4 Months Ended	6 Months Ended
	Mar. 14, 2018	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2018	Jun. 30, 2019
Successor [Member]
Revenue		$ 168,546	$ 162,114	$ 206,019	$ 341,603
Predecessor [Member]
Revenue	$ 133,939
New Vehicles Revenue [Member] | Successor [Member]
Revenue		94,234	88,643	113,928	192,046
New Vehicles Revenue [Member] | Predecessor [Member]
Revenue	73,831
Preowned Vehicle Revenue [Member] | Successor [Member]
Revenue		54,812	55,718	69,600	109,634
Preowned Vehicle Revenue [Member] | Predecessor [Member]
Revenue	45,280
Parts, Accessories, and Related Services [Member] | Successor [Member]
Revenue		8,731	8,103	9,944	17,506
Parts, Accessories, and Related Services [Member] | Predecessor [Member]
Revenue	6,121
Finance and Insurance Revenue [Member] | Successor [Member]
Revenue		9,537	8,219	10,656	19,252
Finance and Insurance Revenue [Member] | Predecessor [Member]
Revenue	6,861
Campground, Rental, and Other Revenue [Member] | Successor [Member]
Revenue		$ 1,232	$ 1,431	$ 1,891	$ 3,165
Campground, Rental, and Other Revenue [Member] | Predecessor [Member]
Revenue	$ 1,846

Significant Accounting Polici_6

Significant Accounting Policies - Schedule of Revenue Recognized of Finance and Insurance Revenues (Details) - USD ($) $ in Thousands	2 Months Ended	3 Months Ended		4 Months Ended	6 Months Ended
	Mar. 14, 2018	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2018	Jun. 30, 2019
Successor [Member]
Gross finance and insurance revenues		$ 11,009	$ 9,060	$ 11,577	$ 21,687
Chargebacks		(1,472)	(841)	(921)	(2,435)
Net Finance Revenue		$ 9,537	$ 8,219	$ 10,656	$ 19,252
Predecessor [Member]
Gross finance and insurance revenues	$ 7,483
Chargebacks	(622)
Net Finance Revenue	$ 6,861

Significant Accounting Polici_7

Significant Accounting Policies - Summary of Net Income (Loss) Attribute to Common Stockholders (Details) - Successor [Member] - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		4 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2018	Jun. 30, 2019
Distributed earnings allocated to common stock
Undistributed earnings (loss) allocated to common stock	205	388	(2,284)	611
Net earnings (loss) allocated to common stock	205	388	(2,284)	611
Net earnings allocated to participating securities	128	239		382
Net income (loss) allocated to common stock and participating securities	$ 333	$ 627	$ (2,284)	$ 993
Weighted average shares outstanding for basic earnings per common share	9,811,107	9,668,250	9,668,250	9,753,491
Dilutive effect of warrants and options
Weighted average shares outstanding for diluted earnings per common share	9,811,107	9,668,250	9,668,250	9,753,491
Basic earnings (loss) per common share	$ 0.02	$ 0.04	$ (0.24)	$ 0.06
Diluted earnings (loss) per common share	$ 0.02	$ 0.04	$ (0.24)	$ 0.06

Significant Accounting Polici_8

Significant Accounting Policies - Schedule of Denominator of Basic and Dilutive Earnings Per Share (Details) - Successor [Member] - shares	3 Months Ended		4 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2018	Jun. 30, 2019
Weighted average outstanding common shares	8,471,608	8,471,608	8,471,608	8,413,992
Weighted average shares held in escrow		(142,857)	(142,857)
Weighted average prefunded warrants	1,339,499	1,339,499	1,339,499	1,339,499
Weighted shares outstanding - basic and diluted	9,811,107	9,668,250	9,668,250	9,753,491

Significant Accounting Polici_9

Significant Accounting Policies - Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share (Details) - Successor [Member] - shares	3 Months Ended		4 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2018	Jun. 30, 2019
Share equivalents excluded from EPS	8,355,038	8,993,021	14,955,754	8,355,038
Series A Convertible Preferred Stock [Member]
Share equivalents excluded from EPS			5,962,733
Warrants [Member]
Share equivalents excluded from EPS	4,677,458	4,677,458	4,677,458	4,677,458
Stock Options [Member]
Share equivalents excluded from EPS	3,677,580	3,658,421	3,658,421	3,677,580
Unit Purchase Options [Member]
Share equivalents excluded from EPS		657,142	657,142

Significant Accounting Polic_10

Significant Accounting Policies - Schedule of Geographic Concentration Risk Percentage (Details)	2 Months Ended	3 Months Ended		4 Months Ended	6 Months Ended
	Mar. 14, 2018	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2018	Jun. 30, 2019
Successor [Member] | Florida [Member]
Statement Line Items [Line Items]
Concentration risk percentage		64.00%	74.00%	75.00%	69.00%
Successor [Member] | Colorado [Member]
Statement Line Items [Line Items]
Concentration risk percentage		16.00%	19.00%	18.00%	13.00%
Predecessor [Member] | Florida [Member]
Statement Line Items [Line Items]
Concentration risk percentage	81.00%
Predecessor [Member] | Colorado [Member]
Statement Line Items [Line Items]
Concentration risk percentage	11.00%

Business Combination (Details N

Business Combination (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	Dec. 06, 2018	Aug. 07, 2018	Mar. 16, 2018	Mar. 31, 2018	Mar. 14, 2018	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Dec. 31, 2018
Settlement of working capital									$ 563
Successor [Member]
Cash payment in an acquisition							$ 86,178
Direct transaction costs				$ 2,730
Successor [Member] | Acquisition of Dealership [Member]
Revenue related to acquisitions						$ 23,200		36,200
Net loss prior to income taxes related to acquisitions						$ 1,600		$ 1,500
Predecessor [Member]
Cash payment in an acquisition			$ 86,178
Direct transaction costs					$ 381
Andina Acquisition Corp II [Member]
Common stock, par value			$ 10.29
Andina Acquisition Corp II [Member] | Warrants [Member]
Number of rights or warrants outstanding			4,310,000
Andina Acquisition Corp II [Member] | IPO Rights [Member]
Number of rights or warrants outstanding			4,310,000
Shorewood RV Center [Member]
Debt instrument, maturity date		Aug. 7, 2021
Monthly payments of principal and interest		$ 52
Debt instrument, interest rate		4.75%
Tennesse RV [Member]
Debt instrument, maturity date	Dec. 6, 2022
Monthly payments of principal and interest	$ 94
Debt instrument, interest rate	5.00%
Merger Agreement [Member] | Lazydays R.V, Center Inc [Member]
Number of shares issued for part of the purchase price			2,857,189
Cash payment in an acquisition			$ 86,741
Merger Agreement [Member] | Andina Acquisition Corp II [Member]
Cash purchase price in business combination, description			(i) each ordinary share of Andina was exchanged for one share of common stock of Holdings ("Holdings Shares"), except that holders of ordinary shares of Andina sold in its initial public offering ("public shares") were entitled to elect instead to receive a pro rata portion of Andina's trust account, as provided in Andina's charter documents, (ii) each Andina IPO right (4,310,000 at March 15, 2018 prior to the Mergers) entitled the holder to receive one-seventh of a Holdings Share and (iii) each Andina warrant (4,310,000 at March 15, 2018) entitled the holder to purchase one-half of one Holdings Share at a price of $11.50 per whole share.
Warrant exercise price			$ 11.50

Business Combination - Schedule

Business Combination - Schedule of Fair Value of Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Mar. 16, 2018
Acquisition of Dealership [Member]
Inventories	$ 23,530
Accounts receivable and prepaid expenses	378
Property and equipment	6,175
Intangible assets	4,610
Total assets acquired	34,693
Accounts payable, accrued expenses and other current liabilities	719
Floor plan notes payable	21,163
Total liabilities assumed	21,882
Net assets acquired	$ 12,811
Predecessor [Member]
Cash		$ 9,188
Receivables		14,768
Inventories		124,354
Prepaid expenses and other		4,754
Property and equipment		73,642
Intangible assets		68,200
Other assets		200
Total assets acquired		295,106
Accounts payable, accrued expenses and other current liabilities		26,988
Floor plan notes payable		95,663
Financing liability		56,000
Deferred tax liability		20,491
Long-term debt		8,781
Total liabilities assumed		207,923
Net assets acquired		$ 87,183

Business Combination - Schedu_2

Business Combination - Schedule of Fair Value of Consideration Paid (Details) - USD ($) $ in Thousands	Mar. 16, 2018	Mar. 14, 2018	Dec. 31, 2018
Acquisition of Dealership [Member]
Cash consideration paid			$ 15,300
Amounts due from former owners			24
Note payable issued to former owners			5,820
Total consideration			$ 21,144
Predecessor [Member]
Cash consideration paid	$ 86,178
Common stock issued to former stockholders, option holders, and bonus recipients of Lazy Days' R.V. Center, Inc.	29,400
Total consideration	$ 115,578

Business Combination - Schedu_3

Business Combination - Schedule of Goodwill Associated with Merger (Details) - USD ($) $ in Thousands	Mar. 16, 2018	Dec. 31, 2018	Jun. 30, 2019
Goodwill		$ 36,762	$ 36,728
Acquisition of Dealership [Member]
Total consideration		21,144
Less net assets acquired		12,811
Goodwill		$ 8,333
Predecessor [Member]
Total consideration	$ 115,578
Less net assets acquired	87,183
Goodwill	$ 28,395

Business Combination - Schedu_4

Business Combination - Schedule of Identifiable Intangible Assets Acquired (Details) - USD ($) $ in Thousands	Mar. 16, 2018	Dec. 31, 2018
Customer Lists [Member] | Acquisition of Dealership [Member]
Intangible Assets, Gross Asset Amount at Acquisition Date		$ 210
Customer Lists [Member] | Acquisition of Dealership [Member] | Minimum [Member]
Intangible Assets, Weighted Average Amortization Period in Years		7 years
Customer Lists [Member] | Acquisition of Dealership [Member] | Maximum [Member]
Intangible Assets, Weighted Average Amortization Period in Years		8 years
Dealer Agreements [Member] | Acquisition of Dealership [Member]
Intangible Assets, Gross Asset Amount at Acquisition Date		$ 4,400
Dealer Agreements [Member] | Acquisition of Dealership [Member] | Minimum [Member]
Intangible Assets, Weighted Average Amortization Period in Years		7 years
Dealer Agreements [Member] | Acquisition of Dealership [Member] | Maximum [Member]
Intangible Assets, Weighted Average Amortization Period in Years		8 years
Predecessor [Member] | Trade Names, Service Marks and Domain Names [Member]
Intangible Assets, Gross Asset Amount at Acquisition Date	$ 30,100
Predecessor [Member] | Customer Lists [Member]
Intangible Assets, Gross Asset Amount at Acquisition Date	$ 9,100
Intangible Assets, Weighted Average Amortization Period in Years	12 years
Predecessor [Member] | Dealer Agreements [Member]
Intangible Assets, Gross Asset Amount at Acquisition Date	$ 29,000
Intangible Assets, Weighted Average Amortization Period in Years	12 years

Business Combination - Schedu_5

Business Combination - Schedule of Pro Forma Financial Information (Details) - Acquisition of Dealership [Member] - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Revenue	$ 168,546	$ 182,086	$ 341,603	$ 373,891
Income before income taxes	4,044	4,541	7,301	11,377
Net income	$ 1,927	$ 3,046	$ 3,951	$ 7,888

Inventories - Schedule of Inven

Inventories - Schedule of Inventories (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Inventories, net	$ 118,547	$ 167,378
Successor [Member]
Inventories, gross	120,428	168,653
Less: excess of current cost over LIFO	(1,881)	(1,275)
Inventories, net	118,547	167,378
New Recreational Vehicles [Member] | Successor [Member]
Inventories, gross	81,867	129,361
Pre-owned Recreational Vehicles [Member] | Successor [Member]
Inventories, gross	35,359	34,905
Parts, Accessories and Other [Member] | Successor [Member]
Inventories, gross	$ 3,202	$ 4,387

Accounts Payable, Accrued Exp_3

Accounts Payable, Accrued Expenses and Other Current Liabilities - Schedule of Accounts Payable, Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Total	$ 21,517	$ 22,599
Successor [Member]
Accounts payable	8,697	10,642
Other accrued expenses	3,151	3,577
Customer deposits	3,257	2,511
Accrued compensation	2,066	2,164
Accrued charge-backs	3,998	3,252
Accrued interest	348	453
Total	$ 21,517	$ 22,599

Debt (Details Narrative)

Debt (Details Narrative) - Successor [Member] - USD ($) $ in Thousands	Mar. 16, 2018	Jun. 30, 2019
M&T Facility [Member]
Line of credit maximum borrowing capacity	$ 200,000
Line of credit facility, expiration date	Mar. 15, 2021
Maximum amount of cash dividends		$ 3,074
M&T Floor Plan Line of Credit [Member]
Line of credit maximum borrowing capacity	$ 175,000
Line of credit rate description	The $175,000 M&T Floor Plan Line of Credit may be used to finance new vehicle inventory, but only $45,000 may be used to finance pre-owned vehicle inventory and $4,500 may be used to finance rental units. Principal becomes due upon the sale of the related vehicle. The M&T Floor Plan Line of Credit shall accrue interest at either (a) the fluctuating 30-day LIBOR rate plus an applicable margin which ranges from 2.00% to 2.30% based upon the Company's total leverage ratio (as defined in the M&T Facility) or (b) the Base Rate plus an applicable margin ranging from 1.00% to 1.30% based upon the Company's total leverage ratio (as defined in the M&T Facility). The Base Rate is defined in the M&T Facility as the highest of M&T's prime rate, the Federal Funds rate plus 0.50% or one-month LIBOR plus 1.00%. In addition, the Company will be charged for unused commitments at a rate of 0.15%. As of June 30, 2019, the interest rate on the M&T Floor Plan Line of Credit was approximately 4.40%.
Maximum draw down for rental units	$ 4,500
Line of credit commitments percentage	0.15%
Line of credit interest rate		4.40%
M&T Floor Plan Line of Credit [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]
Percentage of leverage ratio	2.00%
M&T Floor Plan Line of Credit [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]
Percentage of leverage ratio	2.30%
M&T Floor Plan Line of Credit [Member] | Base Rate [Member] | Minimum [Member]
Percentage of leverage ratio	1.00%
M&T Floor Plan Line of Credit [Member] | Base Rate [Member] | Maximum [Member]
Percentage of leverage ratio	1.30%
M&T Floor Plan Line of Credit [Member] | Pre-owned Vehicle Inventory [Member]
Line of credit maximum borrowing capacity	$ 45,000
M&T Term Loan [Member]
Line of credit interest rate		4.94%
Term loan	20,000
Repayments of loan monthly installments	$ 242
Debt instrument maturity date	Mar. 15, 2021
Principal balloon payment	$ 11,300
Amount outstanding		$ 16,375
M&T Term Loan [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]
Percentage of leverage ratio	2.25%
M&T Term Loan [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]
Percentage of leverage ratio	3.00%
M&T Term Loan [Member] | Base Rate [Member] | Minimum [Member]
Percentage of leverage ratio	1.25%
M&T Term Loan [Member] | Base Rate [Member] | Maximum [Member]
Percentage of leverage ratio	2.00%
M&T Revolver [Member]
Line of credit maximum borrowing capacity	$ 5,000
M&T Revolver [Member] | Minimum [Member]
Line of credit commitments percentage	0.25%
M&T Revolver [Member] | Maximum [Member]
Line of credit commitments percentage	0.50%
M&T Revolver [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]
Percentage of leverage ratio	2.25%
M&T Revolver [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]
Percentage of leverage ratio	3.00%
M&T Revolver [Member] | Base Rate [Member] | Minimum [Member]
Percentage of leverage ratio	1.25%
M&T Revolver [Member] | Base Rate [Member] | Maximum [Member]
Percentage of leverage ratio	2.00%

Debt - Schedule of Floor Plan N

Debt - Schedule of Floor Plan Notes Payable (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Floor plan notes payable, net of debt discount	$ 94,738	$ 143,469
Floor Plan Notes Payable [Member] | Successor [Member]
Floor plan notes payable, gross	94,992	143,885
Debt discount	(254)	(416)
Floor plan notes payable, net of debt discount	$ 94,738	$ 143,469

Income Taxes (Details Narrative

Income Taxes (Details Narrative) - USD ($) $ in Thousands	2 Months Ended	3 Months Ended		4 Months Ended	6 Months Ended
	Mar. 14, 2018	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2018	Jun. 30, 2019
Successor [Member]
Provision for federal and state income taxes		$ 2,099	$ 1,176	$ 1,625	$ 3,284
Effective tax rates, percentage		53.00%	39.00%	39.00%	47.00%
Federal statutory rate, percentage					21.00%
Predecessor [Member]
Provision for federal and state income taxes	$ 718
Effective tax rates, percentage	24.00%

Commitments and Contingencies (

Commitments and Contingencies (Details Narrative) - USD ($) $ in Thousands	1 Months Ended	6 Months Ended
	May 31, 2018	Jun. 30, 2019
Chief Financial Officer [Member] | Employee Relocation [Member]
Relocation allowance	$ 100
Chief Financial Officer [Member] | Maximum [Member]
Percentage of target bonus on base salary	150.00%
Non-Employee Members [Member]
Annual cash compensation		$ 50
Committee of Board of Directors [Member]
Annual cash compensation		5
Chairman of Any Committees [Member]
Annual cash compensation		10
Employment Agreement [Member] | Chief Executive Officer [Member]
Initial base salary		$ 540
Percentage of target bonus on base salary		100.00%
Employment Agreement [Member] | Chief Financial Officer [Member]
Initial base salary	$ 325
Percentage of target bonus on base salary	75.00%

Preferred Stock (Details Narrat

Preferred Stock (Details Narrative) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2019USD ($)$ / sharesshares	Nov. 24, 2015$ / sharesshares
Preferred stock conversion price per share	$ 9.72
Market price per share on the date of issuance	$ 10.29
Beneficial conversion feature on series a convertible preferred stock | $	$ 3,392
Reduction in preferred stock | $	$ 2,035
Measurement Input, Expected Term [Member]
Fair value assumptions, measurement input, term	5 years
Measurement Input, Price Volatility [Member]
Fair value assumptions, measurement input, percentages	0.39
Measurement Input, Risk Free Interest Rate [Member]
Fair value assumptions, measurement input, percentages	0.0261
Measurement Input, Expected Dividend Rate [Member]
Fair value assumptions, measurement input, percentages	0
Common Stock [Member]
Warrant to purchase common shares | shares		200,000
Warrant exercise price		$ 11.50
Warrant redemption price per share	$ 0.01
Common Stock [Member] | Exceeds Price Point [Member]
Common stock market price per share	$ 24
Placement Agent [Member]
Warrant term	5 years
Warrant to purchase common shares | shares	178,882
Warrant exercise price	$ 11.50
Aggregate offering costs | $	$ 2,981
Fair value of warrants | $	$ 632
Series A Preferred Stock [Member]
Weighted average price trading price after second anniversary force conversion	$ 25
Warrant term	5 years
Warrant to purchase common shares | shares	596,273
Warrant exercise price	$ 11.50
Series A Preferred Stock [Member]
Preferred stock dividend rate percentage	10.00%
Preferred stock, dividend payment terms	The Company's board of directors did not declare a dividend payment on the Series A Preferred Stock of $2,709 for the period from January 1, 2019 to June 30, 2019. The dividends were $4.52 per share of Series A Preferred Stock for the period from January 1, 2019 to June 30, 2019. As a result, the amount was added to the carrying amount of the Series A Preferred Stock and the dividend rate is currently at 10% until such dividends are paid.
Dividend payment on preferred stock | $	$ 2,709
Preferred stock, dividends per share	$ 4.52
Private Placement [Member]
Sale of stock consideration | $	$ 94,800
Private Placement [Member] | Series A Preferred Stock [Member]
Number of shares issued | shares	600,000
Number of shares issued, value | $	$ 60,000
Preferred stock conversion price per share	$ 10.0625
Preferred stock dividend rate percentage	8.00%
Issue price of preferred stock | $	$ 100
Dividend rate description	Accrued and unpaid dividends, until paid in full in cash, will accrue at the then applicable Dividend Rate plus 2%. The Dividend Rate will be increased to 11% per annum, compounded quarterly, in the event that the Company's senior indebtedness less unrestricted cash during any trailing twelve-month period ending at the end of any fiscal quarter is greater than 2.25 times earnings before interest, taxes, depreciation and amortization ("EBITDA"). The Dividend Rate will be reset to 8% at the end of the first fiscal quarter when the Company's senior indebtedness less unrestricted cash during the trailing twelve-month period ending at the end of such quarter is less than 2.25 times EBITDA.
Private Placement [Member] | Series A Preferred Stock [Member] | Maximum [Member]
Preferred stock dividend rate percentage	11.00%
Private Placement [Member] | Series A Preferred Stock [Member] | Board of Directors [Member]
Number of preferred stock owned | shares	500,000

Stockholders' Equity (Details N

Stockholders' Equity (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	May 20, 2019	Jun. 15, 2018	May 31, 2018	May 07, 2018	Mar. 23, 2018	Mar. 16, 2018	Nov. 24, 2015	Jan. 31, 2019	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2018	Jun. 30, 2019	Dec. 31, 2018
Common stock, shares authorized									100,000,000			100,000,000	100,000,000
Common stock, par value									$ 0.0001			$ 0.0001	$ 0.0001
Preferred stock, shares authorized									5,000,000			5,000,000	5,000,000
Preferred stock, par value									$ 0.0001			$ 0.0001	$ 0.0001
Number of shares options granted												165,000
Expected term												3 years 9 months
Expected dividend yield												0.00%
Expected annual volatility												52.00%
Non-Employee Directors [Member]
Stock option issued to purchase units					14,218
Granted stock options term					5 years
Fair value of the options issued					$ 350
Expected term					3 years 6 months
Expected risk-free rate					2.42%
Expected dividend yield					0.00%
Expected annual volatility					39.00%
Stock options vesting term					3 years
Employees [Member]
Granted stock options term												5 years
Number of shares options granted												165,000
Fair value of the options issued												$ 444
Stock options vesting term												4 years
Employees [Member] | Minimum [Member]
Stock options exercise price per share									6.47			$ 6.47
Employees [Member] | Maximum [Member]
Stock options exercise price per share									$ 6.53			$ 6.53
Unit Purchase Options [Member]
Stock option issued to purchase units							400,000
Stock expiration date							Nov. 24, 2020
Stock option issued to purchase units price per share							$ 10
Exchange of unit purchase options cancelled								$ 500
Unit Purchase Options [Member] | Designees [Member]
Purchased price of EBC units							$ 100
Common Stock [Member]
Shares Issuable pursuant to Andina rights							57,142
Number of warrant to purchase shares of common stock							200,000
Warrant exercise price							$ 11.50
Common Stock [Member] | Unit Purchase Options [Member]
Shares Issuable pursuant to Andina rights							457,142
Non-Redeemable Pre-funded Warrants [Member]
Number of warrant to purchase shares of common stock									1,339,499			1,339,499
Warrant exercise price									$ 0.01			$ 0.01
Five Year Incentive Stock Options [Member]
Number of shares options granted						3,573,113
Stock options exercise price per share						$ 11.10
Fair value of the options issued				$ 2,357		$ 15,004
Expected term				5 years		5 years
Expected risk-free rate				2.74%		2.62%
Expected dividend yield				0.00%		0.00%
Expected annual volatility				54.70%		42.80%
Five Year Incentive Stock Options [Member] | Share-based Compensation Award, Tranche One [Member]
Stock option vesting percentage						30.00%
Stock option vested price per share						$ 13.125
Stock options vesting term				11 months 19 days		8 months 26 days
Five Year Incentive Stock Options [Member] | Share-based Compensation Award, Tranche Two [Member]
Stock option vesting percentage						30.00%
Stock option vested price per share						$ 17.50
Stock options vesting term				1 year 9 months		1 year 7 months 21 days
Five Year Incentive Stock Options [Member] | Share-based Compensation Award, Tranche Three [Member]
Stock option vesting percentage						30.00%
Stock option vested price per share						$ 21.875
Stock options vesting term				2 years 1 month 24 days		2 years 2 months 27 days
Five Year Incentive Stock Options [Member] | Share-based Compensation Award, Tranche Four [Member]
Stock option vesting percentage						10.00%
Stock option vested price per share						$ 35
Stock options vesting term				2 years 11 months 15 days		3 years 1 month 16 days
Five Year Incentive Stock Options [Member] | Non-Employee Directors [Member]
Stock option issued to purchase units						99,526
Granted stock options term						5 years
Stock options exercise price per share						$ 11.10
Number of options forfeited			15,123
Stock options vesting term						3 years
CEO Stock Options [Member]
Number of shares options granted						1,458,414
CFO Stock Options [Member]
Number of shares options granted						583,366
Number of stock option exercisable				583,366
Number of options forfeited		583,366
New Five Year Incentive Stock Options [Member] | Non-Employee Directors [Member]
Stock option issued to purchase units					15,123
Stock option issued to purchase units price per share					$ 10.40
Stock Options [Member]
Compensation cost unrecognized									$ 3,998			$ 3,998
Weighted average service period												1 year 2 months 30 days
Weighted average grant date fair value of awards issued												$ 2.69
2018 Long-Term Incentive Equity Plan [Member]
Maximum percentage on options may be issued						13.00%
Options issuable under stock price trigger						$ 8.75
Number of common shares reserved for future issuance	600,000								746,986			746,986
2019 Employee Stock Purchase Plan [Member]
Number of common shares reserved for future issuance	900,000
Common stock purchase price, description	Participants in the plan may purchase shares of common stock at a purchase price which will not be less than the lesser of 85% of the fair market value per share of the common on the first day of the purchase period or the last day of the purchase period.
Successor [Member]
Common stock, shares authorized									100,000,000			100,000,000
Common stock, par value									$ 0.0001			$ 0.0001
Preferred stock, shares authorized									5,000,000			5,000,000
Preferred stock, par value									$ 0.0001			$ 0.0001
Stock based compensation related to awards with market conditions									$ 1,059	$ 2,621	$ 3,100	$ 2,529
Stock based compensation related to awards with service conditions									$ 53	$ 25	$ 29	$ 96
Increased Plan By Formula [Member] | 2018 Long-Term Incentive Equity Plan [Member]
Maximum percentage on options may be issued						18.00%

Stockholders' Equity - Schedule

Stockholders' Equity - Schedule of Warrants Activity (Details)	6 Months Ended
	Jun. 30, 2019$ / sharesshares
Equity [Abstract]
Shares of Common Stock Underlying Warrants outstanding beginning balance | shares	4,677,458
Shares of Common Stock Underlying Warrants Granted | shares
Shares of Common Stock Underlying Warrants Cancelled or Expired | shares
Shares of Common Stock Underlying Warrants Exercised | shares
Shares of Common Stock Underlying Warrants outstanding ending balance | shares	4,677,458
Weighted Average Exercise Price beginning balance | $ / shares	$ 11.50
Weighted Average Exercise Price Granted | $ / shares
Weighted Average Exercise Price Cancelled or Expired | $ / shares
Weighted Average Exercise Price Exercised | $ / shares
Weighted Average Exercise Price ending balance | $ / shares	$ 11.50

Stockholders' Equity - Schedu_2

Stockholders' Equity - Schedule of Stock Option Activity (Details)	6 Months Ended
	Jun. 30, 2019USD ($)$ / sharesshares
Equity [Abstract]
Shares of Common Stock Underlying Options, outstanding, January 1, 2019 | shares	3,658,421
Shares of Common Stock Underlying Options, Granted | shares	165,000
Shares of Common Stock Underlying Options, Cancelled or terminated | shares	(145,841)
Shares of Common Stock Underlying Options, Exercised | shares
Shares of Common Stock Underlying Options, outstanding, June 30, 2019 | shares	3,677,580
Shares of Common Stock Underlying Options, vested June 30, 2019 | shares	28,152
Weighted Average Exercise Price outstanding, January 1, 2019 | $ / shares	$ 11.10
Weighted Average Exercise Price, Granted | $ / shares	6.52
Weighted Average Exercise Price, Cancelled or terminated | $ / shares	11.10
Weighted Average Exercise Price, Exercised | $ / shares
Weighted Average Exercise Price June 30, 2019 | $ / shares	10.89
Weighted Average Exercise Price, vested June 30, 2019 | $ / shares	$ 11.10
Weighted Average Remaining Contractual Life June 30, 2019	3 years 9 months 18 days
Weighted Average Remaining Contractual Life, vested June 30, 2019	3 years 9 months 18 days
Aggregate Intrinsic Value, outstanding, June 30, 2019 | $
Aggregate Intrinsic Value, vested, June 30, 2019 | $

Stockholders' Equity - Schedu_3

Stockholders' Equity - Schedule of Fair Value Assumptions of Awards (Details)	6 Months Ended
	Jun. 30, 2019
Equity [Abstract]
Risk free interest rate, minimum	2.49%
Risk free interest rate, maximum	2.51%
Expected term (years)	3 years 9 months
Expected volatility	52.00%
Expected dividends	0.00%