Allowance for Credit Losses

6 Months Ended

Jun. 30, 2020

Allowance for Credit Losses

Allowance for Credit Losses

6. Allowance for Credit Losses

	Balance at				Balance at
	Beginning of		Charged to	Deductions/	End of
	Period (1)		Expense	Transfers (2)	Period
Allowance for credit losses
Six months ended June 30, 2020	$	5,000	—	—	$	5,000
Six months ended June 30, 2019	$	—	—	—	$	—

(1) Represents the cumulative effect of the adoption of ASU No. 2016-13 on the Secured Note receivable.

(2) Deductions represent accounts written off, net of recoveries.