XML 38 R26.htm IDEA: XBRL DOCUMENT v3.23.2
ALLOWANCE FOR CREDIT LOSSES (Tables)
6 Months Ended
Jun. 30, 2023
Credit Loss [Abstract]  
Schedule of Financing Receivable, Allowance for Credit Loss
The following tables detail the activity related to the allowance for credit losses for trade receivables by portfolio segment (in thousands):
Six Months Ended June 30, 2023
CoStarInformation ServicesMultifamilyLoopNetOther MarketplacesTotal
Beginning balance at December 31, 2022
$4,510 $1,051 $4,347 $1,396 $891 $12,195 
Current-period provision (release) for expected credit losses8,781 504 2,092 2,603 (42)13,938 
Write-offs charged against the allowance, net of recoveries and other(8,072)(104)(910)(2,005)— (11,091)
Ending balance at June 30, 2023
$5,219 $1,451 $5,529 $1,994 $849 $15,042 
Six Months Ended June 30, 2022
CoStarInformation ServicesMultifamilyLoopNetOther MarketplacesTotal
Beginning balance at December 31, 2021
$5,380 $1,820 $3,393 $1,968 $813 $13,374 
Current-period provision (release) for expected credit losses3,422 (1,063)2,676 1,805 50 6,890 
Write-offs charged against the allowance, net of recoveries and other(4,708)(2,849)(3,078)— (10,626)
Ending balance at June 30, 2022
$4,094 $766 $3,220 $695 $863 $9,638