Accounts and Other Receivables, net

6 Months Ended

Jun. 30, 2012

Accounts and Other Receivables, net

6. Accounts and Other Receivables, net

At June 30, 2012 and December 31, 2011, accounts and other receivables, net were as follows:

	June 30, 2012			December 31, 2011
	(In thousands)
Insurance receivables	$	117,129		$	109,390
Escrow receivables		3,516			5,815
Notes receivable		3,928			3,566
Other receivables		5,739			4,937
Reserve		(2,824	)		(3,019	)
Total accounts and other receivables, net	$	127,488		$	120,689

We record insurance receivables from insurance carriers for reimbursable claims pertaining to resultant damage from construction defects on closed homes (see Note12). Closed homes for policy years August 1, 2001 to July 31, 2009 are insured with third-party insurance carriers, and closed homes for policy years commencing August 1, 2009 are insured with affiliate insurance carriers.

We reserve for uncollectible receivables that are specifically identified or outstanding more than 120 days.