Receivables, Loans, Notes Receivable, and Others (Policies)

3 Months Ended

Mar. 31, 2020

NOTE 4 — ACCOUNTS RECEIVABLE AND RESERVES

The Company adopted the new credit loss standard effective January 1, 2020. The primary impact for the Company was the timing of recording expected credit losses on its trade receivables. The Company’s allowance for doubtful accounts is based upon its expected credit losses, based upon its historical loss experience. Management prepared an analysis of partner versus non-partner credit loss experience and noted that its loss experience between partners and non-partners was very comparable. These receivables have been pooled together as similar risk characteristics exist. Accounts receivable consisted of the following (in thousands):


	March 31, 2020	December 31, 2019
Accounts receivable	65,294	56,956
Less: Allowance for doubtful accounts	(1,405)	(1,141)
	63,889	55,815


Balance as of December 31, 2019	$	1,141
Net increases charged to costs and expenses	436
Write-offs of uncollectible accounts	(172)
Balance as of March 31, 2020	$	1,405