ACCOUNTS RECEIVABLE, NET OF ALLOWANCE

6 Months Ended

Jun. 30, 2016

ACCOUNTS RECEIVABLE, NET OF ALLOWANCE

4. ACCOUNTS RECEIVABLE, NET OF ALLOWANCE

Accounts receivable, net of allowance, consists of the following at the dates indicated (in thousands):

	June 30, 2016			December 31, 2015
Customer receivables	$	217,071		$	207,645
Unearned finance income		(20,323	)		(20,078	)
Allowance for contract cancellations		(27,396	)		(23,985	)
Accounts receivable, net of allowance		169,352			163,582
Less: current portion, net of allowance		74,231			68,415
Long-term portion, net of allowance	$	95,121		$	95,167

Activity in the allowance for contract cancellations is as follows (in thousands):

	Six months ended June 30,
	2016			2015
Balance, beginning of period	$	23,985		$	22,138
Provision for cancellations		13,267			13,200
Charge-offs, net		(9,856	)		(10,264	)
Balance, end of period	$	27,396		$	25,074