TAX CREDITS RECEIVABLE, NET

12 Months Ended

Dec. 31, 2019

Tax Credit Receivable Net [Abstract]

Tax Credits Receivable, Net

NOTE 8.  TAX CREDITS RECEIVABLE, NET

Changes in the carrying value of the tax credits receivable, net are as follows for the years ended December 31:

	2019			2018
Balance at beginning of year	$	13,198		$	19,089
Monetized in period		—			(2,748	)
Tax credits used to offset production taxes		(1,094	)		(1,443	)
Reserve for potential monetization		—			(1,700	)
Balance at end of year	$	12,104		$	13,198

We have established an allowance for these tax credits receivable due to the uncertainty of the future monetization of the tax credits and the potential for the DOR to disallow the tax credits as management has determined that the costs submitted to the DOR by ASV did not reflect the affiliate status of ASV.  As of both December 31, 2019 and 2018, the tax credits receivable are net of an allowance of $53.0 million.