Allowance for Credit Losses

6 Months Ended

Jun. 30, 2022

Allowance for Credit Losses

Allowance for Credit Losses

5. 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, 2022	$	—	—	—	$	—
Six months ended June 30, 2021	$	5,000	—	—	$	5,000

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

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