0001558370-20-010600.txt : 20200814 0001558370-20-010600.hdr.sgml : 20200814 20200814070950 ACCESSION NUMBER: 0001558370-20-010600 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 55 CONFORMED PERIOD OF REPORT: 20200630 FILED AS OF DATE: 20200814 DATE AS OF CHANGE: 20200814 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ATEL Growth Capital Fund 8, LLC CENTRAL INDEX KEY: 0001537069 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EQUIPMENT RENTAL & LEASING, NEC [7359] IRS NUMBER: 371656343 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-55217 FILM NUMBER: 201101318 BUSINESS ADDRESS: STREET 1: THE TRANSAMERICA PYRAMID STREET 2: 600 MONTGOMERY STREET, 9TH FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: 415-989-8800 MAIL ADDRESS: STREET 1: THE TRANSAMERICA PYRAMID STREET 2: 600 MONTGOMERY STREET, 9TH FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94111 10-Q 1 atel-20200630x10q.htm 10-Q

Form 10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

⌧ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

For the quarterly period ended June 30, 2020

◻ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

For the transition period from to

Commission File number 000-55217

ATEL GROWTH CAPITAL FUND 8, LLC

(Exact name of registrant as specified in its charter)


California	37-1656343
(State or other jurisdiction of incorporation or organization)	(I. R. S. Employer Identification No.)

The Transamerica Pyramid, 600 Montgomery Street, 9th Floor, San Francisco, California 94111

(Address of principal executive offices)

Registrant’s telephone number, including area code: (415) 989-8800

Securities registered pursuant to section 12(b) of the Act: None

Securities registered pursuant to section 12(g) of the Act: Limited Liability Company Units

Securities registered pursuant to Section 12(b) of the Act:


Title of each class:	Trading Symbol	Name of each exchange on which registered:
N/A	N/A	N/A

Indicate by a check mark whether the registrant (1) has filed all reports required to be filed by section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ⌧ No ◻

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ⌧ No ◻

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of “accelerated filer and large accelerated filer” in Rule 12b-2 of the Exchange Act. (Check one):


Large accelerated filer ◻	Accelerated filer ◻	Non-accelerated filer ⌧	Smaller reporting company ⌧
Emerging growth company ◻

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ◻ No ⌧

The number of Limited Liability Company Units outstanding as of July 31, 2020 was 1,612,396.

DOCUMENTS INCORPORATED BY REFERENCE

None.

Table of Contents

ATEL GROWTH CAPITAL FUND 8, LLC

Index


Part I.	Financial Information	3

Item 1.	Financial Statements (Unaudited)	3
	Balance Sheets, June 30, 2020 and December 31, 2019	3
	Statements of Income for the three and six months ended June 30, 2020 and 2019	4
	Statements of Changes in Members’ Capital for the three and six months ended June 30, 2020 and 2019	5
	Statements of Cash Flows for the six months ended June 30, 2020 and 2019	6
	Notes to the Financial Statements	7

Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	20

Item 4.	Controls and Procedures	24

Part II.	Other Information	25

Item 1.	Legal Proceedings	25

Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	25

Item 3.	Defaults Upon Senior Securities	25

Item 4.	Mine Safety Disclosures	25

Item 5.	Other Information	25

Item 6.	Exhibits	25

Table of Contents

PART I. FINANCIAL INFORMATION

Item 1. Financial Statements (Unaudited).

ATEL GROWTH CAPITAL FUND 8, LLC

BALANCE SHEETS

JUNE 30, 2020 AND DECEMBER 31, 2019

(In Thousands)


	June 30,		December 31,
	2020		2019
	(Unaudited)
ASSETS
Cash and cash equivalents	$	25	$	70
Accounts receivable		11		11
Notes receivable, net		242		514
Investment in securities		572		314
Warrants, fair value		491		588
Prepaid expenses and other assets		2		4
Total assets	$	1,343	$	1,501

LIABILITIES AND MEMBERS’ CAPITAL

Accounts payable and accrued liabilities:
Due to Managing Member and affiliates	$	26	$	14
Accrued distributions to Other Members		—		99
Other		2		6
Total liabilities		28		119

Commitments and contingencies

Members’ capital:
Managing Member		—		—
Other Members		1,315		1,382
Total Members’ capital		1,315		1,382
Total liabilities and Members’ capital	$	1,343	$	1,501

See accompanying notes.

Table of Contents

ATEL GROWTH CAPITAL FUND 8, LLC

STATEMENTS OF INCOME

FOR THE THREE AND SIX MONTHS ENDED

JUNE 30, 2020 AND 2019

(In Thousands Except for Units and Per Unit Data)

(Unaudited)


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2020		2019		2020		2019
Operating revenues:
Notes receivable interest income, net	$	14	$	81	$	33	$	185
Gain on early termination of notes receivable		—		4		—		52
Other		—		1		—		2
Total operating revenues		14		86		33		239

Operating expenses:
Asset management fees to Managing Member		2		9		6		18
Cost reimbursements to affiliates		17		38		40		74
Provision for credit losses		—		14		—		27
Professional fees		43		25		69		58
Outside services		11		12		18		34
Taxes on income and franchise fees		1		—		1		1
Dues and subscriptions		4		—		8		—
Bank charges		6		3		14		8
Printing and photocopying		1		1		2		4
Other		—		5		8		11
Total operating expenses		85		107		166		235
Net (loss) income from operations		(71)		(21)		(133)		4

Other income:
Gain on sales or dispositions of investment in securities		—		—		—		161
Unrealized gain on fair value adjustment for investment in securities		219		4		251		4
Unrealized (loss) gain on fair value adjustment for warrants		(86)		67		(97)		(35)
Total other income		133		71		154		130
Net income	$	62	$	50	$	21	$	134

Net income (loss):
Managing Member	$	—	$	60	$	7	$	120
Other Members		62		(10)		14		14
	$	62	$	50	$	21	$	134

Net income (loss) per Limited Liability Company Unit (Other Members)	$	0.04	$	(0.01)	$	0.01	$	0.01
Weighted average number of Units outstanding		1,612,396		1,612,396		1,612,396		1,612,396

See accompanying notes.

Table of Contents

ATEL GROWTH CAPITAL FUND 8, LLC

STATEMENTS OF CHANGES IN MEMBERS’ CAPITAL

FOR THE THREE AND SIX MONTHS ENDED

JUNE 30, 2020 AND 2019

(In Thousands Except for Units and Per Unit Data)

(Unaudited)


	Three Months Ended June 30, 2020
		Amount
		Other		Managing
	Units	Members		Member		Total
Balance March 31, 2020	1,612,396	$	1,253	$	—	$	1,253
Net income	—		62		—		62
Balance June 30, 2020	1,612,396	$	1,315	$	—	$	1,315

	Six Months Ended June 30, 2020
		Amount
		Other		Managing
	Units	Members		Member		Total
Balance December 31, 2019	1,612,396	$	1,382	$	—	$	1,382
Distributions to Other Members ($0.05 per unit)	—		(81)		—		(81)
Distributions to Managing Member	—		—		(7)		(7)
Net income	—		14		7		21
Balance June 30, 2020	1,612,396	$	1,315	$	—	$	1,315

	Three Months Ended June 30, 2019
		Amount
		Other		Managing
	Units	Members		Member		Total
Balance March 31, 2019	1,612,396	$	2,553	$	—	$	2,553
Distributions to Other Members ($0.28 per unit)	—		(444)		—		(444)
Distributions to Managing Member	—		—		(60)		(60)
Net (loss) income	—		(10)		60		50
Balance June 30, 2019	1,612,396	$	2,099	$	—	$	2,099

	Six Months Ended June 30, 2019
		Amount
		Other		Managing
	Units	Members		Member		Total
Balance December 31, 2018	1,612,396	$	2,973	$	—	$	2,973
Distributions to Other Members ($0.55 per unit)	—		(888)		—		(888)
Distributions to Managing Member	—		—		(120)		(120)
Net income	—		14		120		134
Balance June 30, 2019	1,612,396	$	2,099	$	—	$	2,099

See accompanying notes.

Table of Contents

ATEL GROWTH CAPITAL FUND 8, LLC

STATEMENTS OF CASH FLOWS

FOR THE SIX MONTHS ENDED

JUNE 30, 2020 AND 2019

(In Thousands)

(Unaudited)


	Six Months Ended
	June 30,
	2020		2019
Operating activities:
Net income	$	21	$	134
Adjustment to reconcile net income to cash used in operating activities:
Accretion of note discount - warrants		(13)		(29)
Gain on early termination of notes receivable		—		(52)
Gain on sales or dispositions of investment in securities		—		(161)
Provision for credit losses		—		27
Unrealized gain on fair value adjustment for investment in securities		(251)		(4)
Unrealized loss on fair value adjustment for warrants		97		35
Changes in operating assets and liabilities:
Due from affiliates		—		(58)
Prepaid expenses and other assets		2		3
Due to Managing Member and affiliates		23		(22)
Accounts payable, other		(4)		1
Unearned fee income related to notes receivable		(21)		(2)
Net cash used in operating activities		(146)		(128)

Investing activities:
Purchase of securities		(7)		—
Proceeds from early termination of notes receivable		—		473
Proceeds from sales or disposition of investment in securities		—		161
Notes receivable advances		—		(26)
Principal payments received on notes receivable		306		736
Net cash provided by investing activities		299		1,344

Financing activities:
Distributions to Other Members		(180)		(888)
Distributions to Managing Member		(18)		(98)
Net cash used in financing activities		(198)		(986)

Net (decrease) increase in cash and cash equivalents		(45)		230
Cash and cash equivalents at beginning of period		70		214
Cash and cash equivalents at end of period	$	25	$	444

Schedule of non-cash investing and financing transactions:
Distributions payable to Other Members at period-end	$	—	$	249
Distributions payable to Managing Member at period-end	$	—	$	27
Conversion of warrants to equity securities	$	—	$	140

See accompanying notes.

Table of Contents

ATEL GROWTH CAPITAL FUND 8, LLC

NOTES TO FINANCIAL STATEMENTS

(Unaudited)

1. Organization and Limited Liability Company matters:

ATEL Growth Capital Fund 8, LLC (the “Company” or the “Fund”) was formed under the laws of the state of California on December 8, 2011 for the purpose of providing financing for the acquisition of equipment and other goods and services used by emerging growth companies and established privately held companies without publicly traded securities, and for providing other forms of financing for, and to acquire equity interests and warrants and rights to purchase equity interests in such companies. The Fund may continue until it is terminated in accordance with the ATEL Growth Capital Fund 8, LLC limited liability company operating agreement dated December 13, 2011 (the “Operating Agreement”). The Managing Member of the Company is AGC Managing Member, LLC (the “Managing Member” or “Manager”), the renamed AGC 8 Managing Member, LLC which was formed in December 2011 as a Nevada limited liability company. Such name change is the result of an amendment to the articles of incorporation filed with the State of Nevada effective March 18, 2014. Contributions in the amount of $500 were received as of December 31, 2011, which represented the initial Member’s capital investment. As a limited liability company, the liability of any individual member for the obligations of the Fund is limited to the extent of capital contributions to the Fund by the individual member.

The offering of the Company was granted effectiveness by the Securities and Exchange Commission as of August 20, 2012. As of November 14, 2012, subscriptions for the minimum number of Units (120,000, representing $1.2 million), excluding subscriptions from Pennsylvania investors, had been received and the Fund requested subscription proceeds to be released from escrow. On that date, the Company commenced initial operations. Pennsylvania subscriptions were subject to a separate escrow and were released to the Fund only at such time as total subscription proceeds received by the Fund from all subscribers, including the escrowed Pennsylvania subscriptions, equal to not less than $3.75 million in gross proceeds. Total contributions to the Fund exceeded $3.75 million on March 13, 2013, at which time a request was processed to release the Pennsylvania escrowed amounts. The offering was terminated on August 20, 2014.

As of June 30, 2020, cumulative contributions, net of rescissions and related distributions paid, totaling $16.2 million (inclusive of the $500 initial Member’s capital investment) have been received. As of such date, a total of 1,612,396 Units were issued and outstanding.

The Company’s principal objectives are to invest in a diversified portfolio of investments that will (i) preserve, protect and return the Company’s invested capital; (ii) generate regular cash distributions to Unitholders, with any balance remaining after required minimum distributions to be used to purchase additional investments during the Reinvestment Period (ending six calendar years after the completion of the Company’s public offering of Units), (iii) provide additional distributions to Unitholders from any proceeds from sales of Equity interests and (iv) provide total cash distributions to Unitholders equal to a desirable rate of return on their investment capital. The Company is governed by the Operating agreement.

Pursuant to the terms of the Operating Agreement, the Managing Member and/or its affiliates receives compensation for services rendered and reimbursements for costs incurred on behalf of the Company (Note 5). The Company is required to maintain reasonable cash reserves for working capital, the repurchase of Units and contingencies. The repurchase of Units is solely at the discretion of the Managing Member.

These unaudited interim financial statements should be read in conjunction with the financial statements and notes thereto contained in the report on Form 10-K for the year ended December 31, 2019, filed with the Securities and Exchange Commission.

Table of Contents

ATEL GROWTH CAPITAL FUND 8, LLC

NOTES TO FINANCIAL STATEMENTS

(Unaudited)

2. Summary of significant accounting policies:

Basis of presentation:

The accompanying unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States (‘‘GAAP’’) for interim financial information and with the instructions to Form 10-Q as mandated by the Securities and Exchange Commission. The unaudited interim financial statements reflect all adjustments which are, in the opinion of the Managing Member, necessary for a fair statement of financial position and results of operations for the interim periods presented. All such adjustments are of a normal recurring nature. Operating results for the three and six months ended June 30, 2020 are not necessarily indicative of the results to be expected for the full year.

Footnote and tabular amounts are presented in thousands, except as to Units and per Unit data.

In preparing the accompanying financial statements, the Company has reviewed, as determined necessary by the Managing Member, events that have occurred after June 30, 2020, up until the issuance of the financial statements. No events were noted which would require disclosure in the footnotes to the financial statements.

Cash and cash equivalents:

Cash and cash equivalents include cash in banks and cash equivalent investments such as U.S. Treasury instruments with original and/or purchased maturities of ninety days or less.

Use of Estimates:

The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from the estimates. Such estimates primarily relate to the determination of credit losses on notes receivable and the fair valuation of equity securities and warrants.

Accounts receivable:

Accounts receivable represent the amounts billed under notes receivable which are currently due to the Company. Allowances for credit losses are typically established based on historical charge off and collection experience and the collectability of specifically identified borrowers, and invoiced amounts. Accounts receivable deemed uncollectible are generally charged off against the allowance on a specific identification basis. Recoveries of amounts that were previously written-off are recorded as other income in the period received.

Credit risk:

Financial instruments that potentially subject the Company to concentrations of credit risk include cash and cash equivalents, notes receivable and accounts receivable. The Company places the majority of its cash deposits in noninterest-bearing accounts with financial institutions that have no less than $10 billion in assets. Such deposits are insured up to $250 thousand. The remainder of the Funds’ cash is temporarily invested in U.S. Treasury instruments. The concentration of such deposits and temporary cash investments is not deemed to create a significant risk to the Company. Accounts and notes receivable represent amounts due from borrowers in various industries related to equipment financed through notes receivable.

Table of Contents

ATEL GROWTH CAPITAL FUND 8, LLC

NOTES TO FINANCIAL STATEMENTS

(Unaudited)

Notes receivable, unearned interest income and related revenue recognition:

The Company records all future payments of principal and interest on notes as notes receivable, which are then offset by the amount of any related unearned interest income. For financial statement purposes, the Company reports the net investment in the notes on the balance sheet. Such net investment is comprised of the amount advanced on the loans, adjusting for net deferred loan fees or costs incurred at origination, amounts allocated to warrants received upon origination, and any payments received in advance. The unearned interest is recognized over the term of the notes and the income portion of each note payment is calculated so as to generate a constant rate of return on the net balance outstanding. Net deferred loan fees or costs, together with discounts recognized in connection with warrants acquired at origination, are accreted as an adjustment to yield over the term of the loan.

Allowances for losses on notes receivable are typically established based on historical charge off and collection experience and the collectability of specifically identified borrowers and billed and unbilled receivables. Notes are considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal and/or interest when due according to the contractual terms of the note agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. If it is determined that a loan is impaired with regard to scheduled payments, the Company will perform an analysis of the note to determine if an impairment valuation reserve is necessary.

This analysis considers the estimated cash flows from the note, or the collateral value of the property underlying the note when note repayment is collateral dependent. Any required valuation reserve is charged to earnings when determined; and notes are charged off to the allowance as they are deemed uncollectible.

Notes receivable are generally placed in a non-accrual status (i.e., no revenue is recognized) when payments are more than 90 days past due. Additionally, management periodically reviews the creditworthiness of companies with note payments outstanding less than 90 days. Based upon management’s judgment, the related notes may be placed on non-accrual status. Notes placed on non-accrual status are only returned to an accrual status when the account has been brought current and management believes recovery of the remaining unpaid receivable is probable. Until such time, all payments received are applied only against outstanding principal balances.

Note origination costs:

The Company capitalizes note origination costs and deferred loan fees associated with the origination and funding of investments in notes receivable. Costs incurred include both internal costs (e.g., the costs of employees’ activities in connection with successful loan originations) and any external broker fees incurred with such originations. These costs are amortized on a note by note basis over the actual contract term using the effective interest rate method. Upon termination of the underlying notes receivable, any of the remaining net note origination fees or costs are relieved. Likewise, the accumulated amortization related to the deferred costs is relieved. Costs related to notes receivable that are not consummated are not eligible for capitalization as note origination costs and are expensed as acquisition expense in the period of expenditure.

Acquisition expense:

Acquisition expense represents costs which include, but are not limited to, legal fees and expenses, travel and communication expenses, cost of appraisals, accounting fees and expenses and miscellaneous expenses related to the selection and acquisition or financing of equipment and equity investment transactions which were not consummated. Such costs are reimbursable to the Managing Member under the terms of the Operating Agreement. As the costs are not eligible for capitalization as note origination costs, such amounts are expensed as incurred.

Table of Contents

ATEL GROWTH CAPITAL FUND 8, LLC

NOTES TO FINANCIAL STATEMENTS

(Unaudited)

Segment reporting:

The Company is organized into one operating segment for the purpose of making operating decisions or assessing performance. Accordingly, the Company operates in one reportable operating segment in the United States.

The Company’s principal decision makers are the Managing Member’s Chief Executive Officer and its Chief Financial Officer and Chief Operating Officer. The Company believes that its financing business operates as one reportable segment because: a) the Company measures profit and loss at the portfolio assets level as a whole; b) the principal decision makers do not review information based on any operating segment other than the equipment financing transaction portfolio; c) the Company does not maintain discrete financial information on any specific segment other than its equipment financing operations; d) the Company has not chosen to organize its business around different products and services other than equipment financing; and e) the Company has not chosen to organize its business around geographic areas.

The primary geographic region in which the Company seeks financing opportunities is North America. All of the Company’s current operating revenues for the respective three and six months ended June 30, 2020 and 2019, and long-lived tangible assets as of June 30, 2020 and December 31, 2019 relate to customers domiciled in the United States.

Investment in securities:

From time to time, the Company may purchase securities of its borrowers or receive warrants in connection with its lending arrangements.

Purchased securities

The Company’s purchased securities registered for public sale with readily determinable fair values are measured at fair value with any changes in fair value recognized in the Company’s results of operations. The Company’s purchased securities not registered for public sale that do not have readily determinable fair values are measured at cost minus impairment, and adjusted for changes in observable prices. Factors considered by the Managing Member in determining fair value include, but are not limited to, available financial information, the issuer’s ability to meet its current obligations and indications of the issuer’s subsequent ability to raise capital. As of June 30, 2020 and December 31, 2019, investments in equity securities totaled $572 thousand and $314 thousand, respectively. For the respective three months ended June 30, 2020 and 2019, the Company recorded $219 thousand and $4 thousand of unrealized gains on investment securities with readily determinable fair values. For the respective six months ended June 30, 2020 and 2019, the Company recorded unrealized gains of $251 thousand and unrealized losses of $31 thousand on such securities. In addition, during the six months ended June 30, 2020 and 2019, the Company recorded $36 thousand and $35 thousand of unrealized gains on investment securities that do not have readily determinable fair values based on changes in observable prices. All of such unrealized gains were recorded during the first quarters of 2020 and 2019. There were no such fair value adjustments recorded during the current quarter and three and six-month periods ended June 30, 2019. Cumulatively, a total of $52 thousand was recorded to increase the value of such investment securities held at June 30, 2020 based on changes in observable prices. Also, during the six months ended June 30, 2019, the Company recorded $161 thousand of realized gains on sales of investment securities, all of which were recorded during the first quarter of 2019. There were no sales or dispositions of investment securities during the three and six months ended June 30, 2020.

Table of Contents

ATEL GROWTH CAPITAL FUND 8, LLC

NOTES TO FINANCIAL STATEMENTS

(Unaudited)

Warrants

Warrants owned by the Company are not registered for public sale, but are considered derivatives and are reflected at an estimated fair value on the balance sheet as determined by the Managing Member. At June 30, 2020 and December 31, 2019, the Managing Member estimated the fair value of warrants to be $491 thousand and $588 thousand, respectively. During the respective three months ended June 30, 2020 and 2019, the Company recorded $86 thousand of unrealized losses and $67 thousand of unrealized gains on the fair valuation of its warrants. During the respective six months ended June 30, 2020 and 2019, unrealized losses of $97 thousand and $35 thousand were recorded. Additionally, there was a net exercise of warrants in exchange for equity securities of $140 thousand during the six months ended June 30, 2019, all of which occurred during the first quarter of 2019. There were no such exercises of any kind during the three and six months ended June 30, 2020.

Per Unit data:

Net income (loss) per Unit is based upon the weighted average number of Other Members Units outstanding during the period.

Fair Value:

Fair value measurements and disclosures are based on a fair value hierarchy as determined by significant inputs used to measure fair value. The three and six levels of inputs within the fair value hierarchy are defined as follows:

Level 1 — Quoted prices in active markets for identical assets or liabilities. An active market for the asset or liability is a market in which transactions for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis.

Level 2 — Quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuations in which all significant inputs are observable in the market.

Level 3 — Valuation is modeled using significant inputs that are unobservable in the market. These unobservable inputs reflect the Company’s own estimates of assumptions that market participants would use in pricing the asset or liability.

The Company’s valuation policy is determined by members of the Asset Management, Credit and Accounting departments. Whenever possible, the policy is to obtain quoted market prices in active markets to estimate fair values for recognition and disclosure purposes. Where quoted market prices in active markets are not available, fair values are estimated using discounted cash flow analyses, broker quotes and third party appraisals of collateral and/or other valuation techniques. These techniques are significantly affected by certain of the Company’s assumptions, including discount rates and estimates of future cash flows. Potential taxes and other transaction costs are not considered in estimating fair values. As the Company is responsible for determining fair value, an analysis is performed on prices obtained from third parties. Such analysis is performed by asset management and credit department personnel who are familiar with the Company’s investments in notes receivable and equity securities of venture companies. The analysis may include a periodic review of price fluctuations and validation of numbers obtained from a specific third party by reference to multiple representative sources.

Table of Contents

ATEL GROWTH CAPITAL FUND 8, LLC

NOTES TO FINANCIAL STATEMENTS

(Unaudited)

Recent accounting pronouncements:

In March 2020, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2020-03, Codification Improvements to Financial Instruments (“ASU 2020-03”). ASU 2020-03 improves and clarifies various financial instruments topics, including the current expected credit losses (CECL) standard issued in 2016. ASU 2020-03 includes seven different issues that describe the areas of improvement and the related amendments to GAAP that are intended to make the standards easier to understand and apply by eliminating inconsistencies and providing clarifications. The amendments have different effective dates. Management is currently evaluating the effect of adopting this new accounting guidance but does not expect adoption will have a material impact on the Fund’s financial statements and disclosures.

In June 2016, the FASB issued Accounting Standards Update 2016-13, Financial Instruments — Credit Losses (Topic 326) (“ASU 2016-13”). The main objective of this Update is to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date. To achieve this objective, the amendments in this Update replace the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. The amendments affect entities holding financial assets and equipment under operating leases that are not accounted for at fair value through net income. The amendments affect loans, debt securities, trade receivables, equipment under operating leases, off-balance-sheet credit exposures, reinsurance receivables, and any other financial assets not excluded from the scope that have the contractual right to receive cash. Management is currently evaluating the standard and expects the update may potentially result in the increase in the allowance for credit losses given the change to estimated losses over the contractual life adjusted for expected prepayments.

In November 2018, the FASB issued Accounting Standards Update 2018-19, Codification Improvements to Topic 326, Financial Instruments — Credit Losses (“ASU 2018-19”). The new standard clarifies certain aspects of the new CECL impairment model in ASU 2016-13. The amendment clarifies that receivables arising from operating leases are within the scope of ASC 842, rather than ASC 326. Management is currently evaluating the impact of the standard on the financial statements and related disclosure requirements.

On August 15, 2019, the FASB issued a proposed ASU that would grant certain companies additional time to implement FASB standards on CECL and hedging. The proposed ASU defers the effective date for CECL to fiscal periods beginning after December 15, 2022, including interim periods within those fiscal years; and defers the effective dates for hedging to fiscal periods beginning after December 15, 2020, and interim periods within fiscal years beginning after December 15, 2021. The ASU was approved on October 16, 2019. In February 2020, the FASB issued ASU 2020-02 and delayed the effective date of Topic 326 until fiscal year beginning after December 15, 2022.

In August 2018, the FASB issued Accounting Standards Update 2018-13, Fair Value Measurement (“ASU 2018-13”), which amends the disclosure requirements on fair value measurements in Topic 820, Fair Value Measurement. This ASU modifies disclosure requirements for fair value measurements by removing, modifying or adding certain disclosures. The amendments in this Update are effective for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. The amendments on changes in unrealized gains and losses, the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements, and the narrative description of measurement uncertainty should be applied prospectively for only the most recent interim or annual period presented in the initial fiscal year of adoption. All other amendments should be applied retrospectively to all periods presented upon their effective date. The Fund adopted ASU 2018-13 on January 1, 2020. Such adoption did not have a significant impact on the Fund’s financial statements and related disclosure requirements.

Table of Contents

ATEL GROWTH CAPITAL FUND 8, LLC

NOTES TO FINANCIAL STATEMENTS

(Unaudited)

3. Notes receivable, net:

The Company has various notes receivable from borrowers who have financed the purchase of equipment through the Company. The terms of the notes receivable are 42 months and bear interest at implicit or stated rates ranging from 11.37% to 13.96% per annum. The notes are secured by the equipment financed and have maturity dates ranging from 2021 through 2022.

At June 30, 2020 and December 31, 2019, the Company had no notes receivable on non-accrual status.

As of June 30, 2020, the minimum future payments receivable were as follows (in thousands):


Six months ending December 31, 2020	$	116
Year ending December 31, 2021		155
		271
Less: portion representing unearned interest income, net		(18)
		253
Unamortized discount on warrants received		(11)
Notes receivable, net	$	242

4. Allowance for credit losses:

The Company had no allowance for credit losses at June 30, 2020.

The Company’s allowance for credit losses at June 30, 2019 were as follows (in thousands):


	Valuation Adjustments -
	Notes Receivable
Balance December 31, 2018	$	133
Note receivable disposal		27
Write-off		(160)
Balance June 30, 2019	$	—

Allowance for Doubtful Accounts

Accounts receivable are generally placed in a non-accrual status (i.e., no revenue is recognized) when payments are more than 90 days past due. Additionally, management periodically reviews the creditworthiness of companies with note payments outstanding less than 90 days. Based upon management’s judgment, such notes may be placed in non-accrual status. Notes placed on non-accrual status are only returned to an accrual status when the account has been brought current and management believes recovery of the remaining unpaid receivable is probable. All payments received on amounts billed under notes receivable are applied only against outstanding principal balances.

Valuation Adjustments

In addition to the allowance established for delinquent accounts receivable, the total allowance also includes anticipated impairment charges on notes receivable.

Table of Contents

ATEL GROWTH CAPITAL FUND 8, LLC

NOTES TO FINANCIAL STATEMENTS

(Unaudited)

Notes are considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal and/or interest when due according to the contractual terms of the note agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest when due. If it is determined that a loan is impaired with regard to scheduled payments, the Company will perform an analysis of the note to determine if an impairment valuation reserve is necessary. This analysis considers the estimated cash flows from the note, or the collateral value of the property underlying the note when note repayment is collateral dependent. Any required valuation reserve is charged to earnings when determined; and notes are charged off to the allowance as they are deemed uncollectible.

The Company’s allowance for credit losses and its recorded investment in notes receivable as of June 30, 2020 and December 31, 2019 were as follows (in thousands):


	Notes Receivable
	June 30, 2020		December 31, 2019
Allowance for credit losses:
Ending balance	$	—	$	—
Ending balance: individually evaluated for impairment	$	—	$	—
Ending balance: collectively evaluated for impairment	$	—	$	—

Notes receivable:
Ending balance	$	242	$	514
Ending balance: individually evaluated for impairment	$	242	$	514
Ending balance: collectively evaluated for impairment	$	—	$	—

The Company evaluates the credit quality of its notes receivable on a scale equivalent to the following quality indicators related to corporate risk profiles:

Pass – Any account whose debtor, co-debtor or any guarantor has a credit rating on publicly traded or privately placed debt issues as rated by Moody’s or S&P for either Senior Unsecured debt, Long Term Issuer rating or Issuer rating that are in the tiers of ratings generally recognized by the investment community as constituting an Investment Grade credit rating; or, has been determined by the Manager to be an Investment Grade Equivalent or High Quality Corporate Credit per its Credit Policy or has a Not Rated internal rating by the Manager and the account is not considered by the Chief Credit Officer of the Manager to fall into one of the three and six risk profiles below.

Special Mention – Any traditional corporate type account with potential weaknesses (e.g. large net losses or major industry downturns) or, any growth capital account that has less than three and six months of cash as of the end of the calendar quarter to fund their continuing operations. These accounts deserve management’s close attention. If left uncorrected, those potential weaknesses may result in deterioration of the Fund’s receivable at some future date.

Substandard – Any account that is inadequately protected by the current worth and paying capacity of the borrower or of the collateral pledged, if any. Accounts that are so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the Fund will sustain some loss as the likelihood of fully collecting all receivables may be questionable if the deficiencies are not corrected. Such accounts are on the Manager’s Credit Watch List.

Table of Contents

ATEL GROWTH CAPITAL FUND 8, LLC

NOTES TO FINANCIAL STATEMENTS

(Unaudited)

Manager’s Credit Watch List, and has been declared in default and the Manager has repossessed, or is attempting to repossess, the equipment it financed. This category includes impaired notes as applicable.

At June 30, 2020 and December 31, 2019, the Company’s notes receivable by credit quality indicator and by class of notes receivable were as follows (in thousands):


	Notes Receivable
	June 30, 2020		December 31, 2019
Pass	$	242	$	514
Doubtful		—		—
Total	$	242	$	514

As of June 30, 2020 and December 31, 2019, there were no impaired investments in notes receivable.

At June 30, 2020 and December 31, 2019, investment in notes receivable is aged as follows (in thousands):


													Recorded
					Greater						Total		Investment>90
	31‑60 Days		61‑90 Days		Than 90		Total				Notes		Days and
June 30, 2020	Past Due		Past Due		Days		Past Due		Current		Receivable		Accruing
Notes receivable	$	—	$	—	$	—	$	—	$	242	$	242	$	—


													Recorded
					Greater						Total		Investment>90
	31‑60 Days		61‑90 Days		Than 90		Total				Notes		Days and
December 31, 2019	Past Due		Past Due		Days		Past Due		Current		Receivable		Accruing
Notes receivable	$	—	$	—	$	—	$	—	$	514	$	514	$	—

5. Related party transactions:

The terms of the Operating Agreement provide that the Managing Member and/or affiliates are entitled to receive certain fees for gross financing revenues, and for management of the Company and its investment portfolio.

The Operating Agreement allows for the reimbursement of costs incurred by the Managing Member and/or affiliates for providing administrative services to the Company. Administrative services provided include Company accounting, investor relations, legal counsel and equipment financing documentation. The Managing Member is not reimbursed for services whereby it is entitled to receive a separate fee as compensation for such services, such as management of investments.

Cost reimbursements to the Managing Member or its affiliates are based on its costs incurred in performing administrative services for the Company. These costs are allocated to each managed entity based on certain criteria such as total assets, number of investors or contributed capital based upon the type of cost incurred. The Managing Member believes that the costs reimbursed are the lower of (i) actual costs incurred on behalf of the Company or (ii) the amount the Company would be required to pay independent parties for comparable administrative services in the same geographic location.

Table of Contents

ATEL GROWTH CAPITAL FUND 8, LLC

NOTES TO FINANCIAL STATEMENTS

(Unaudited)

During the three and six months ended June 30, 2020 and 2019, the Managing Member and/or affiliates earned fees and billed for reimbursements pursuant to the Operating Agreement as follows (in thousands):


	Three Months Ended				Six Months Ended
		June 30,			June 30,
	2020		2019		2020		2019
Administrative costs reimbursed to Managing Member and/or affiliates	$	17	$	38	$	40	$	74
Asset management fees to Managing Member		2		9		6		18
	$	19	$	47	$	46	$	92

6. Commitments:

At June 30, 2020, there was no commitment to fund investments in notes receivable.

7. Members’ Capital:

A total of 1,612,396 Units were issued and outstanding at both June 30, 2020 and December 31, 2019. The Fund is authorized to issue up to 7,500,000 additional Units in addition to the Units issued to the initial Member (50 Units).

From the commencement of the Fund until the initial closing date, as defined in the Operating Agreement, the Company’s net income and net losses are allocated 100% to the Manager. Commencing with the initial closing date, net income and net losses are allocated 100% to the Members. An amount equal to 5% of all distributions of cash available for distribution and net disposition proceeds will be allocated to the Manager as the carried interest. An amount equal to (i) an additional 5% of all distributions from cash available for distribution and 1% of all distributions of net disposition proceeds will be paid to the Manager as a promotional interest until investors have received total distributions in amounts equal to their capital contributions plus an amount equal to a priority return of 8% per annum as defined in the Operating Agreement; and (ii) then 15% of all subsequent distributions will be allocated to the Manager as a promotional interest. Distributions not allocated to the Manager as carried or promotional interests will be allocated and paid to the Unitholders.

Distributions to the Other Members for June 30, 2020 and 2019 were as follows (in thousands, except as to Units and per Unit data):


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2020		2019		2020		2019
Distributions declared	$	—	$	444	$	81	$	888
Weighted average number of Units outstanding		1,612,396		1,612,396		1,612,396		1,612,396
Weighted average distributions per Unit	$	—	$	0.28	$	0.05	$	0.55

8. Fair value measurements:

Under applicable accounting standards, fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date.

At June 30, 2020 and December 31, 2019, the Company’s warrants and investment securities were measured on a recurring basis.

Table of Contents

ATEL GROWTH CAPITAL FUND 8, LLC

NOTES TO FINANCIAL STATEMENTS

(Unaudited)

The measurement methodology is as follows:

Warrants (recurring)

Warrants owned by the Company are not registered for public sale, but are considered derivatives and are carried on the balance sheet at an estimated fair value at the end of the period. The valuation of the warrants was determined using a Black-Scholes formulation of value based upon the volatility of respective similar publicly traded companies, a risk free interest rate for the term(s) of the warrant exercise(s), and the respective exercise prices and number of warrants. As of June 30, 2020 and December 31, 2019, the calculated fair value of the Fund’s warrant portfolio totaled $491 thousand and $588 thousand, respectively. Such valuation is classified within Level 3 of the valuation hierarchy.

The fair value of warrants that were accounted for on a recurring basis during the three and six months ended June 30, 2020 and 2019, and classified as Level 3, are as follows (in thousands):


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2020		2019		2020		2019
Fair value of warrants at beginning of period	$	577	$	319	$	588	$	561
Warrants converted to securities		—		—		—		(140)
Unrealized gain (loss) on fair value adjustment for warrants		(86)		67		(97)		(35)
Fair value of warrants at end of period	$	491	$	386	$	491	$	386

Investment securities (recurring)

The Company’s investment securities registered for public sale with readily determinable fair values are measured at fair value with any changes in fair value recognized in the Company’s results of operations. As of June 30, 2020 and December 31, 2019, the fair value of such securities totaled $323 thousand and $64 thousand, respectively.

The fair value of investment securities that were accounted for on a recurring basis during the three and six month periods ended June 30, 2020 and 2019, classified as Level 1 are as follows (in thousands):


	Three Months Ended					Six Months Ended
	June 30,					June 30,
	2020		2019			2020	2019
Fair value of investment in securities at beginning of period	$	60	$	82	$	64	$	117
Unrealized gain (loss) on fair market valuation of securities		219		4		215		(31)
Conversion of previously held private securities		44		—		44		—
Fair value of investment in securities at end of period	$	323	$	86	$	323	$	86

Impaired notes receivable (non-recurring)

The fair value of the Company’s notes receivable, when impairment adjustments are required, is estimated using either third party appraisals or estimations of the value of collateral (for collateral dependent loans) or discounted cash flow analyses (by discounting estimated future cash flows) using the effective interest rate contained in the terms of the original loan.

There were no fair value adjustments recorded on the notes receivable during the respective three and six months ended June, 30 2020. During the three and six months ended June 30, 2019, the Company recorded fair value adjustments totaling $14 thousand and $27 thousand, respectively, for impaired notes.

Table of Contents

ATEL GROWTH CAPITAL FUND 8, LLC

NOTES TO FINANCIAL STATEMENTS

(Unaudited)

The fair value adjustments recorded in portfolio were non-recurring and were based upon an estimated valuation of underlying collateral. Under the Fair Value Measurements Topic of the FASB Accounting Standards Codification, the fair value of the impaired notes receivable is classified within Level 3 of the valuation hierarchy. The valuation utilizes a market approach technique and uses inputs from third party appraisers that utilize current market transactions as adjusted for certain factors specific to the underlying collateral.

The following tables summarize the valuation techniques and significant unobservable inputs used for the Company’s recurring and non-recurring fair value calculation categorized as Level 3 in the fair value hierarchy at June 30, 2020 and December 31, 2019:


June 30, 2020
	Valuation	Valuation	Unobservable	Range of Input Values
Name	Frequency	Technique	Inputs	(Weighted Average)
Warrants	Recurring	Black-Scholes formulation	Stock price	$0.01 - $16.95 ($0.60)
			Exercise price	$0.02 - $25.76 ($0.34)
			Time to maturity (in years)	0.49 - 11.45 (6.86)
			Risk-free interest rate	0.17% - 1.58% (0.51%)
			Annualized volatility	29.90% - 205.61% (50.53%)


December 31, 2019
	Valuation	Valuation	Unobservable	Range of Input Values
Name	Frequency	Technique	Inputs	(Weighted Average)
Warrants	Recurring	Black-Scholes formulation	Stock price	$0.11 - $16.07 (S0.66)
			Exercise price	$0.02 - $38.64 ($0.34)
			Time to maturity (in years)	0.99 - 11.95 (7.31)
			Risk-free interest rate	1.59% - 1.99% (1.82%)
			Annualized volatility	32.21% - 114.44% (47.97%)

The following disclosure of the estimated fair value of financial instruments is made in accordance with the guidance provided by the Financial Instruments Topic of the FASB Accounting Standards Codification. Fair value estimates, methods and assumptions, set forth below for the Company’s financial instruments, are made solely to comply with the requirements of the Financial Instruments Topic and should be read in conjunction with the Company’s financial statements and related notes.

The Company has determined the estimated fair value amounts by using market information and valuation methodologies that it considers appropriate and consistent with the fair value accounting guidance. Considerable judgment is required to interpret market data to develop the estimates of fair value. The use of different market assumptions and/or estimation methodologies may have a material effect on the estimated fair value amounts.

Cash and cash equivalents

The recorded amounts of the Company’s cash and cash equivalents approximate fair value because of the liquidity and short-term maturity of these instruments.

Notes receivable

The fair value of the Company’s notes receivable is generally estimated based upon various methodologies deployed by financial and credit management including, but not limited to, credit analysis, third party appraisal and/or discounted cash flow analysis based upon current market valuation techniques and market rates for similar types of lending arrangements, which may consider adjustments for impaired loans as deemed necessary.

Table of Contents

ATEL GROWTH CAPITAL FUND 8, LLC

NOTES TO FINANCIAL STATEMENTS

(Unaudited)

Investment in securities

The Company’s investment securities registered for public sale with readily determinable fair values are measured at fair value with any changes in fair value recognized in the Company’s results of operations. These investment securities are valued based on their quoted market prices.

Commitments and Contingencies

The fair value of contingent liabilities (or guarantees) is not considered material because management believes there has been no event that has occurred wherein a guarantee liability has been incurred or will likely be incurred.

The following tables present estimated fair values of the Company’s financial instruments in accordance with the guidance provided by the Financial Instruments Topic of the FASB Accounting Standards Codification at June 30, 2020 and December 31, 2019 (in thousands):


	June 30, 2020
	Carrying
	Amount		Level 1		Level 2		Level 3		Total
Financial assets:
Cash and cash equivalents	$	25	$	25	$	—	$	—	$	25
Notes receivable, net		242		—		—		246		246
Investment in securities		323		323		—		—		323
Warrants		491		—		—		491		491


	December 31, 2019
	Carrying
	Amount		Level 1		Level 2		Level 3		Total
Financial assets:
Cash and cash equivalents	$	70	$	70	$	—	$	—	$	70
Notes receivable, net		514		—		—		516		516
Investment in securities		64		64		—		—		64
Warrants		588		—		—		588		588

9. Global health emergency:

On January 30, 2020, the World Health Organization declared the novel coronavirus outbreak a public health emergency. The Fund’s operations is located in California, which has restricted gatherings of people due to the coronavirus outbreak. At present, the Fund’s operations have not been adversely affected and continues to function effectively. Due to the dynamic nature of these unprecedented circumstances and possible business disruption, the Fund will continue to monitor the situation closely, but given the uncertainty about the situation, an estimate of the future impact, if any, cannot be made at this time.

Table of Contents

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

Statements contained in this Item 2, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” (“MD&A”) and elsewhere in this Form 10-Q, which are not historical facts, may be forward-looking statements. Such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected. In particular, changes in general economic conditions, including significant rates of inflation and fluctuations in interest rates may result in reduced returns on invested capital. The Company’s performance is subject to risks relating to borrower defaults and the creditworthiness of its borrowers. Investors are cautioned not to attribute undue certainty to these forward-looking statements, which speak only as of the date of this Form 10-Q. We undertake no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date of this Form 10-Q or to reflect the occurrence of unanticipated events, other than as required by law.

Overview

Through June 30, 2020, cumulative contributions, net of rescissions and related distributions paid, totaling $16.2 million (inclusive of the $500 initial Member’s capital investment) have been received. As of June 30, 2020, a total of 1,612,396 Units were issued and outstanding.

Results of Operations

The three months ended June 30, 2020 versus the three months ended June 30, 2019

The Company had net income of $62 thousand and $50 thousand for the respective three months ended June 30, 2020 and 2019. The results for the second quarter of 2020 reflect decreases in total operating revenues and expenses, and an increase in other income when compared to the prior year period.

Total operating revenues for the three months ended June 30, 2020 and 2019 were $14 thousand and $86 thousand, respectively. The $72 thousand, or 84%, decline in operating revenues was largely due to a $67 thousand decrease in notes receivable interest income, which was attributable to loan maturities and early termination of certain notes receivable. The Fund is in its liquidating stage where notes receivable are increasingly reaching maturity and new loans are not placed to generate future income.

Total operating expenses were $85 thousand and $107 thousand for the three months ended June 30, 2020 and 2019, respectively. The reduction of $22 thousand, or 21%, was mainly due to decrease in cost reimbursements and provision for credit losses partially offset by an increase in professional fees.

Cost reimbursement to affiliates decreased by $21 thousand due to lower allocated cost. Such decline in allocated costs is consistent with a fund in its liquidating stage and is reflective of a diminishing baseline allocation of common costs among the Fund and its affiliates. The provision for credit losses was reduced by $14 thousand as the prior year period amount included credit loss adjustments of the same amount related to certain notes deemed impaired. There were no such adjustments during the current quarter. These decreases in expenses were partially offset by an $18 thousand increase in the professional fees, which was mainly a result of higher audit-related and tax services fees.

During the respective three months ended June 30, 2020 and 2019, the Company recorded other income of $133 thousand and $71 thousand related to the fair valuation of its investment securities and warrants. The $62 thousand change in other income reflects a $215 thousand increase in unrealized gains on the Company’s investment securities offset by a $153 thousand increase in unrealized losses on the warrant portfolio. The increase in the fair value of investment securities was primarily related to a significant change in the market value of investments in a privately held company, which had recently completed an initial public offering. The decrease in the fair value of the warrants portfolio

Table of Contents

was mostly due to declines in stock prices of underlying securities, shorter time to maturity period, and the overall lower interest rate environment.

The six months ended June 30, 2020 versus the six months ended June 30, 2019

The Company had net income of $21 thousand and $134 thousand for the respective six month periods ended June 30, 2020 and 2019. The results for the six months ended June 30, 2020 reflect decreases in both total operating revenues and expenses, and an increase in other income when compared to the prior year period.

Total operating revenues for the six months ended June 30, 2020 and 2019 were $33 thousand and $239 thousand, respectively. The $206 thousand, or 86%, decline in revenues was primarily due to decreases in notes receivable interest income and gains on early termination of notes receivable.

The decrease in notes receivable interest income totaled $152 thousand and was mainly a result of the continued loan maturities, consistent with a Fund in its liquidating stage, and early termination of certain notes receivable. During the first half of 2019, the Company realized $52 thousand of gains on early termination of notes receivable. There was no such termination of notes during the current six-month period.

Total operating expenses were $166 thousand and $235 thousand for the six months ended June 30, 2020 and 2019, respectively. The reduction of $69 thousand, or 29%, was primarily attributable to decrease in cost reimbursements to affiliates, provision for credit losses and outside services costs.

Cost reimbursements to affiliates declined by $34 thousand due to lower allocated costs. The provision for credit losses decreased by $27 thousand as the prior year period amount included credit loss adjustments of the same amount related to certain notes deemed impaired. There were no such adjustments during the current six-month period. Costs related to outside services fell by $16 thousand largely due to lower consulting expenses.

During the respective six months ended June 30, 2020 and 2019, the Company recorded other income of $154 thousand and $130 thousand. The $24 thousand increase in other income was comprised of a $247 thousand increase in unrealized gains on the fair valuation of the Company’s investment securities offset by a $161 thousand decrease in gains on dispositions of investment securities, and a $62 thousand reduction in the fair value of the Company’s warrant portfolio. The increase in the fair value of investment securities was primarily related to a significant change in the market value of investments in a privately held company, which had completed an initial public offering during the second quarter of 2020. Gains on dispositions of investment securities declined as, during the prior year period, the Company realized $161 thousand of gains on the exercise and disposition of such securities. There were no exercises or dispositions during the current six-month period. The decrease in the fair value of the warrants portfolio was primarily due to unfavorable changes in stock prices of underlying securities, shorter time to maturity period, and the overall lower interest rate environment.

Capital Resources and Liquidity

At June 30, 2020 and December 31, 2019, the Company’s cash and cash equivalents totaled $25 thousand and $70 thousand, respectively. The liquidity of the Company varies, increasing to the extent that cash flows from its portfolio of investments exceed expenses and decreasing as portfolio investments mature or are converted to cash used to meet operating expense requirements.

The Company currently believes it has adequate reserves available to meet its immediate cash requirements and those of the next twelve months, but in the event those reserves were found to be inadequate, the Company would likely be in a position to borrow against its current portfolio to meet such requirements.

Table of Contents

Cash Flows

The following table sets forth summary cash flow data (in thousands):


	Six Months Ended
	June 30,
	2020		2019
Net cash (used in) provided by:
Operating activities	$	(146)	$	(128)
Investing activities		299		1,344
Financing activities		(198)		(986)
Net (decrease) increase in cash and cash equivalents	$	(45)	$	230

During the six months ended June 30, 2020 and 2019, the Company’s primary source of liquidity was principal payments received on notes receivable totaling $306 thousand and $736 thousand, respectively. In addition, during the six months ended June 30, 2019, the Company realized $473 thousand of proceeds from the early termination of notes receivable and $161 thousand of proceeds from sales or dispositions of investment in securities. There were no such proceeds during the current six-month period.

During the same respective periods, cash was primarily used to pay distributions to both the Other Members and the Managing Member, totaling $198 thousand and $986 thousand for the respective six months ended June 30, 2020 and 2019. Cash was also used to pay invoices related to management fees and expenses, and other payables during both three and six-month periods.

Distributions

The Unitholders of record are entitled to certain distributions as provided under the Operating Agreement. The Company commenced periodic distributions beginning with the month of November 2012. Additional distributions have been made through June 30, 2020.

Table of Contents

The following table summarizes distribution activity for the Fund from inception through June 30, 2020 (in thousands, except as to Units and per Unit data):


														Total		Weighted
		Return of				Distribution				Total				Distribution		Average Units
Distribution Period (1)	Paid	Capital				of Income				Distribution				per Unit⁽²⁾		Outstanding⁽³⁾
Monthly and quarterly distributions
Oct 2012 - Mar 2013 (Distribution of all escrow interest)	July 2013	$	—			$	—			$	—				n/a	n/a
Nov 14, 2012 - Nov 30, 2012	Dec 2012		3				—				3			$	0.43	6,306
Dec 2012 - Nov 2013	Jan - Dec 2013		866				—				866				1.57	551,608
Dec 2013 - Nov 2014	Jan - Dec 2014		1,452				—				1,452				1.08	1,349,575
Dec 2014 - Nov 2015	Jan - Dec 2015		1,779				—				1,779				1.10	1,618,296
Dec 2015 - Nov 2016	Jan - Dec 2016		1,780				—				1,780				1.10	1,618,296
Dec 2016 - Nov 2017	Jan - Dec 2017		1,776				—				1,776				1.10	1,615,306
Dec 2017 - Nov 2018	Jan - Dec 2018		1,772				—				1,772				1.10	1,612,396
Dec 2018 - Nov 2019	Jan - Dec 2019		1,677				—				1,677				1.04	1,612,396
Dec 2019 - June 2020	Jan - June 2020		180				—				180				0.11	1,612,396
		$	11,285			$	—			$	11,285			$	8.63

Source of distributions
Lease and loan payments/payoffs		$	11,285	100.00	%	$	—	0.00	%	$	11,285	100.00	%
Interest income			—	0.00	%		—	0.00	%		—	0.00	%
		$	11,285	100.00	%	$	—	0.00	%	$	11,285	100.00	%

(1)

Investors may elect to receive their distributions either monthly or quarterly. See “Timing and Method of Distributions” on Page 46 of the Prospectus.

(2)

Total distributions per Unit represents the per Unit distributions rate for those units which were outstanding for all of the applicable period.

(3)

Balance shown represent weighted average units for the period from November 14 (date escrow requirement was met) – November 30, 2012, December 1, 2012 – November 30, 2013, December 1, 2013 – November 30, 2014, December 1, 2014 – November 30, 2015, December 1, 2015 – November 30, 2016, December 1, 2016 – November 30, 2017, and December 1, 2018 – November 30, 2019, and December 1, 2019 – June 30, 2020, respectively.

Commitments and Contingencies and Off-Balance Sheet Transactions

Commitments and Contingencies

At June 30, 2020, there were no commitments to fund investments in notes receivable.

Off-Balance Sheet Transactions

None.

Recent Accounting Pronouncements

For detailed information on recent accounting pronouncements, see Note 2, Summary of significant accounting policies.

Significant Accounting Policies and Estimates

The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. On an on-going basis, the Company evaluates its estimates, which are based upon historical experiences, market trends and financial forecasts, and upon various other assumptions that management believes to be reasonable under the circumstances and at that certain point in time. Actual results may differ, significantly at times, from these estimates under different assumptions or conditions.

The Company’s significant accounting policies are described in its Annual Report on Form 10-K for the year ended December 31, 2019. There have been no material changes to the Company’s significant accounting policies since December 31, 2019.

Table of Contents

Item 4. Controls and Procedures.

Evaluation of disclosure controls and procedures

The Company’s Managing Member’s Chairman of the Board, President and Chief Executive Officer, and Director, Executive Vice President and Chief Financial officer and Chief Operating Officer (“Management”), evaluated the effectiveness of the Company’s disclosure controls and procedures (as defined in Exchange Act Rule 13a-15(e)) as of the end of the period covered by this report. Based on the evaluation of the Company’s disclosure controls and procedures, Management concluded that as of the end of the period covered by this report, the design and operation of these disclosure controls and procedures were effective.

The Company does not control the financial reporting process, and is solely dependent on the Management of the Managing Member, who is responsible for providing the Company with financial statements in accordance with generally accepted accounting principles in the United States. The Managing Member’s disclosure controls and procedures, as they are applicable to the Company, means controls and other procedures of an issuer that are designed to ensure that information required to be disclosed by the issuer in the reports that it files or submits under the Act (15 U.S.C. 78a et seq.) is recorded, processed, summarized and reported, within the time periods specified in the Commission’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Act is accumulated and communicated to the issuer’s management, including its principal executive and principal financial officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.

Changes in internal control

There were no changes in the Managing Member’s internal control over financial reporting, as it is applicable to the Company, during the quarter ended June 30, 2020 that have materially affected, or are reasonably likely to materially affect, the Managing Member’s internal control over financial reporting, as it is applicable to the Company.

Table of Contents

PART II. OTHER INFORMATION

Item 1. Legal Proceedings.

In the ordinary course of conducting business, there may be certain claims, suits, and complaints filed against the Managing Member. In the opinion of management, the outcome of such matters, if any, will not have a material impact on the Managing Member’s financial position or results of operations.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.

None.

Item 3. Defaults Upon Senior Securities.

None.

Item 4. Mine Safety Disclosures.

Not Applicable.

Item 5. Other Information.

None.

Item 6. Exhibits.

(a)Documents filed as a part of this report


		1.	Financial Statement Schedules
			All schedules for which provision is made in the applicable accounting regulations of the Securities and Exchange Commission are not required under the related instructions or are inapplicable and, therefore, have been omitted.


2.	Other Exhibits

	(31.1)	Certification of Dean L. Cash pursuant to Rules 13a-14(a)/15d-14(a)
	(31.2)	Certification of Paritosh K. Choksi pursuant to Rules 13a-14(a)/15d-14(a)
	(32.1)	Certification of Dean L. Cash pursuant to 18 U.S.C. section 1350
	(32.2)	Certification of Paritosh K. Choksi pursuant to 18 U.S.C. section 1350
	(101.INS)	XBRL Instance Document
	(101.SCH)	XBRL Taxonomy Extension Schema Document
	(101.CAL)	XBRL Taxonomy Extension Calculation Linkbase Document
	(101.DEF)	XBRL Taxonomy Extension Definition Linkbase Document
	(101.LAB)	XBRL Taxonomy Extension Label Linkbase Document
	(101.PRE)	XBRL Taxonomy Extension Presentation Linkbase Document

Table of Contents

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: August 13, 2020

ATEL GROWTH CAPITAL FUND 8, LLC

(Registrant)


By:		AGC Managing Member, LLC
		Managing Member of Registrant
By:		/s/ Dean L. Cash
		Dean L. Cash
		Chairman of the Board, President and Chief Executive Officer of AGC Managing Member, LLC (Managing Member)


By:		/s/ Paritosh K. Choksi
		Paritosh K. Choksi
		Director, Executive Vice President and Chief Financial Officer and Chief Operating Officer of AGC Managing Member, LLC (Managing Member)


By:		/s/ Samuel Schussler
		Samuel Schussler
		Senior Vice President and Chief Accounting Officer of AGC Managing Member, LLC (Managing Member)

EX-31.1 2 atel-20200630ex3113db5a7.htm EX-31.1

Exhibit 31.1

CERTIFICATION PURSUANT TO RULE 13a-14(a) OR RULE 15d-14(a)

OF THE SECURITIES EXCHANGE ACT OF 1934

AS ADOPTED PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Dean L. Cash, certify that:

1.	I have reviewed this quarterly report on Form 10-Q of ATEL Growth Capital Fund 8, LLC;

2.	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5.	The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

9
Date: August 13, 2020

/s/ Dean L. Cash
Dean L. Cash
Chairman of the Board, President and Chief Executive Officer
of AGC Managing Member, LLC (Managing Member)

EX-31.2 3 atel-20200630ex312b6161e.htm EX-31.2

Exhibit 31.2

CERTIFICATION PURSUANT TO RULE 13a-14(a) OR RULE 15d-14(a)

OF THE SECURITIES EXCHANGE ACT OF 1934

AS ADOPTED PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Paritosh K. Choksi, certify that:

1.	I have reviewed this quarterly report on Form 10-Q of ATEL Growth Capital Fund 8, LLC;

2.	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

5.	The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.


Date: August 13, 2020

/s/ Paritosh K. Choksi
Paritosh K. Choksi
Director, Executive Vice President and Chief Financial Officer
and Chief Operating Officer of AGC Managing Member, LLC (Managing Member)

EX-32.1 4 atel-20200630ex3219d76c6.htm EX-32.1

Exhibit 32.1

CERTIFICATION PURSUANT TO 18 U.S.C. §1350,

AS ADOPTED PURSUANT TO

§906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of ATEL Growth Capital Fund 8, LLC (the “Company”) on Form 10-Q for the period ended June 30, 2020 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Dean L. Cash, Chairman of the Board, President and Chief Executive Officer of AGC Managing Member, LLC, Managing Member of the Company, hereby certify, pursuant to 18 U.S.C. §1350, as adopted pursuant to §906 of the Sarbanes-Oxley Act of 2002, that:

1.	The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2.	The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

9
Date: August 13, 2020

/s/ Dean L. Cash
Dean L. Cash
Chairman of the Board, President and
Chief Executive Officer of AGC Managing Member, LLC
(Managing Member)

A signed original of this written statement required by Section 906 has been provided to the Company and will be retained by the Company and furnished to the Securities and Exchange Commission or its staff upon request.

EX-32.2 5 atel-20200630ex322af4a9a.htm EX-32.2

Exhibit 32.2

CERTIFICATION PURSUANT TO 18 U.S.C. §1350,

AS ADOPTED PURSUANT TO

§906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of ATEL Growth Capital Fund 8, LLC (the “Company”) on Form 10-Q for the period ended June 30, 2020 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Paritosh K. Choksi, Director, Executive Vice President and Chief Financial Officer and Chief Operating Officer of AGC Managing Member, LLC, Managing Member of the Company, hereby certify, pursuant to 18 U.S.C. §1350, as adopted pursuant to §906 of the Sarbanes-Oxley Act of 2002, that:

1.	The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

2.	The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.


Date: August 13, 2020

/s/ Paritosh K. Choksi
Paritosh K. Choksi
Director, Executive Vice President and Chief Financial Officer and
Chief Operating Officer of AGC Managing Member, LLC
(Managing Member)

EX-101.INS 6 atel-20200630.xml EX-101.INS 0001537069 srt:WeightedAverageMember us-gaap:WarrantMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MeasurementInputSharePriceMember cik0001537069:BlackScholesFormulationMember 2020-06-30 0001537069 srt:WeightedAverageMember us-gaap:WarrantMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MeasurementInputRiskFreeInterestRateMember cik0001537069:BlackScholesFormulationMember 2020-06-30 0001537069 srt:WeightedAverageMember us-gaap:WarrantMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MeasurementInputPriceVolatilityMember cik0001537069:BlackScholesFormulationMember 2020-06-30 0001537069 srt:WeightedAverageMember us-gaap:WarrantMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MeasurementInputExpectedTermMember cik0001537069:BlackScholesFormulationMember 2020-06-30 0001537069 srt:WeightedAverageMember us-gaap:WarrantMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MeasurementInputExercisePriceMember cik0001537069:BlackScholesFormulationMember 2020-06-30 0001537069 srt:MinimumMember us-gaap:WarrantMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MeasurementInputSharePriceMember cik0001537069:BlackScholesFormulationMember 2020-06-30 0001537069 srt:MinimumMember us-gaap:WarrantMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MeasurementInputRiskFreeInterestRateMember cik0001537069:BlackScholesFormulationMember 2020-06-30 0001537069 srt:MinimumMember us-gaap:WarrantMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MeasurementInputPriceVolatilityMember cik0001537069:BlackScholesFormulationMember 2020-06-30 0001537069 srt:MinimumMember us-gaap:WarrantMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MeasurementInputExpectedTermMember cik0001537069:BlackScholesFormulationMember 2020-06-30 0001537069 srt:MinimumMember us-gaap:WarrantMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MeasurementInputExercisePriceMember cik0001537069:BlackScholesFormulationMember 2020-06-30 0001537069 srt:MaximumMember us-gaap:WarrantMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MeasurementInputSharePriceMember cik0001537069:BlackScholesFormulationMember 2020-06-30 0001537069 srt:MaximumMember us-gaap:WarrantMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MeasurementInputRiskFreeInterestRateMember cik0001537069:BlackScholesFormulationMember 2020-06-30 0001537069 srt:MaximumMember us-gaap:WarrantMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MeasurementInputPriceVolatilityMember cik0001537069:BlackScholesFormulationMember 2020-06-30 0001537069 srt:MaximumMember us-gaap:WarrantMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MeasurementInputExpectedTermMember cik0001537069:BlackScholesFormulationMember 2020-06-30 0001537069 srt:MaximumMember us-gaap:WarrantMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MeasurementInputExercisePriceMember cik0001537069:BlackScholesFormulationMember 2020-06-30 0001537069 srt:WeightedAverageMember us-gaap:WarrantMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MeasurementInputSharePriceMember cik0001537069:BlackScholesFormulationMember 2019-12-31 0001537069 srt:WeightedAverageMember us-gaap:WarrantMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MeasurementInputRiskFreeInterestRateMember cik0001537069:BlackScholesFormulationMember 2019-12-31 0001537069 srt:WeightedAverageMember us-gaap:WarrantMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MeasurementInputPriceVolatilityMember cik0001537069:BlackScholesFormulationMember 2019-12-31 0001537069 srt:WeightedAverageMember us-gaap:WarrantMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MeasurementInputExpectedTermMember cik0001537069:BlackScholesFormulationMember 2019-12-31 0001537069 srt:WeightedAverageMember us-gaap:WarrantMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MeasurementInputExercisePriceMember cik0001537069:BlackScholesFormulationMember 2019-12-31 0001537069 srt:MinimumMember us-gaap:WarrantMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MeasurementInputSharePriceMember cik0001537069:BlackScholesFormulationMember 2019-12-31 0001537069 srt:MinimumMember us-gaap:WarrantMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MeasurementInputRiskFreeInterestRateMember cik0001537069:BlackScholesFormulationMember 2019-12-31 0001537069 srt:MinimumMember us-gaap:WarrantMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MeasurementInputPriceVolatilityMember cik0001537069:BlackScholesFormulationMember 2019-12-31 0001537069 srt:MinimumMember us-gaap:WarrantMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MeasurementInputExpectedTermMember cik0001537069:BlackScholesFormulationMember 2019-12-31 0001537069 srt:MinimumMember us-gaap:WarrantMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MeasurementInputExercisePriceMember cik0001537069:BlackScholesFormulationMember 2019-12-31 0001537069 srt:MaximumMember us-gaap:WarrantMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MeasurementInputSharePriceMember cik0001537069:BlackScholesFormulationMember 2019-12-31 0001537069 srt:MaximumMember us-gaap:WarrantMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MeasurementInputRiskFreeInterestRateMember cik0001537069:BlackScholesFormulationMember 2019-12-31 0001537069 srt:MaximumMember us-gaap:WarrantMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MeasurementInputPriceVolatilityMember cik0001537069:BlackScholesFormulationMember 2019-12-31 0001537069 srt:MaximumMember us-gaap:WarrantMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MeasurementInputExpectedTermMember cik0001537069:BlackScholesFormulationMember 2019-12-31 0001537069 srt:MaximumMember us-gaap:WarrantMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MeasurementInputExercisePriceMember cik0001537069:BlackScholesFormulationMember 2019-12-31 0001537069 us-gaap:FairValueInputsLevel3Member 2020-04-01 2020-06-30 0001537069 us-gaap:FairValueInputsLevel3Member 2020-01-01 2020-06-30 0001537069 us-gaap:FairValueInputsLevel3Member 2019-04-01 2019-06-30 0001537069 2011-12-08 2020-06-30 0001537069 srt:NorthAmericaMember us-gaap:SalesRevenueNetMember 2020-01-01 2020-06-30 0001537069 2020-03-31 0001537069 2019-03-31 0001537069 us-gaap:FairValueInputsLevel1Member 2020-03-31 0001537069 us-gaap:FairValueInputsLevel1Member 2019-06-30 0001537069 us-gaap:FairValueInputsLevel1Member 2019-03-31 0001537069 us-gaap:FairValueInputsLevel1Member 2018-12-31 0001537069 cik0001537069:SecuritiesWithReadilyDeterminableFairValuesMember 2020-06-30 0001537069 cik0001537069:SecuritiesWithReadilyDeterminableFairValuesMember 2019-12-31 0001537069 2019-01-01 2019-12-31 0001537069 cik0001537069:ValuationAdjustmentsOnFinancingReceivablesMember 2019-01-01 2019-06-30 0001537069 us-gaap:FairValueInputsLevel3Member 2020-06-30 0001537069 us-gaap:FairValueInputsLevel3Member 2020-03-31 0001537069 us-gaap:FairValueInputsLevel3Member 2019-12-31 0001537069 us-gaap:FairValueInputsLevel3Member 2019-06-30 0001537069 us-gaap:FairValueInputsLevel3Member 2019-03-31 0001537069 us-gaap:FairValueInputsLevel3Member 2018-12-31 0001537069 cik0001537069:SecuritiesWithReadilyDeterminableFairValuesMember 2020-04-01 2020-06-30 0001537069 cik0001537069:SecuritiesWithReadilyDeterminableFairValuesMember 2020-01-01 2020-06-30 0001537069 cik0001537069:SecuritiesWithoutReadilyDeterminableFairValuesMember 2020-01-01 2020-06-30 0001537069 cik0001537069:SecuritiesWithoutReadilyDeterminableFairValuesCumulativeAmountMember 2020-01-01 2020-06-30 0001537069 us-gaap:FairValueInputsLevel1Member 2019-04-01 2019-06-30 0001537069 cik0001537069:SecuritiesWithReadilyDeterminableFairValuesMember 2019-04-01 2019-06-30 0001537069 us-gaap:FairValueInputsLevel1Member 2019-01-01 2019-06-30 0001537069 cik0001537069:SecuritiesWithReadilyDeterminableFairValuesMember 2019-01-01 2019-06-30 0001537069 cik0001537069:SecuritiesWithoutReadilyDeterminableFairValuesMember 2019-01-01 2019-06-30 0001537069 cik0001537069:OtherMembersCapitalMember 2020-03-31 0001537069 cik0001537069:OtherMembersCapitalMember 2019-06-30 0001537069 cik0001537069:OtherMembersCapitalMember 2019-03-31 0001537069 cik0001537069:OtherMembersCapitalMember 2018-12-31 0001537069 cik0001537069:InitialMemberMember 2020-06-30 0001537069 cik0001537069:InitialMemberMember 2019-12-31 0001537069 cik0001537069:OtherMembersCapitalMember 2020-06-30 0001537069 cik0001537069:OtherMembersCapitalMember 2019-12-31 0001537069 2019-06-30 0001537069 2018-12-31 0001537069 us-gaap:FairValueInputsLevel1Member 2020-06-30 0001537069 us-gaap:CarryingReportedAmountFairValueDisclosureMember 2020-06-30 0001537069 us-gaap:FairValueInputsLevel1Member 2019-12-31 0001537069 us-gaap:CarryingReportedAmountFairValueDisclosureMember 2019-12-31 0001537069 2020-07-31 0001537069 cik0001537069:OtherMembersCapitalMember 2020-04-01 2020-06-30 0001537069 cik0001537069:OtherMembersCapitalMember 2019-04-01 2019-06-30 0001537069 2014-08-20 2020-06-30 0001537069 srt:MinimumMember 2013-03-13 0001537069 srt:MinimumMember 2012-11-14 0001537069 2012-11-14 2012-11-14 0001537069 srt:MinimumMember 2020-06-30 0001537069 srt:MaximumMember 2020-06-30 0001537069 2012-11-14 0001537069 cik0001537069:ManagingMembersCapitalMember 2019-04-01 2019-06-30 0001537069 2019-04-01 2019-06-30 0001537069 us-gaap:PassMember 2020-06-30 0001537069 us-gaap:NotesReceivableMember 2020-06-30 0001537069 us-gaap:PassMember 2019-12-31 0001537069 us-gaap:NotesReceivableMember 2019-12-31 0001537069 us-gaap:FairValueInputsLevel3Member 2019-01-01 2019-06-30 0001537069 2020-04-01 2020-06-30 0001537069 cik0001537069:OtherMembersCapitalMember 2020-01-01 2020-06-30 0001537069 2019-12-31 0001537069 cik0001537069:OtherMembersCapitalMember 2019-01-01 2019-06-30 0001537069 cik0001537069:ManagingMembersCapitalMember 2019-01-01 2019-06-30 0001537069 2019-01-01 2019-06-30 0001537069 us-gaap:FairValueInputsLevel1Member 2020-04-01 2020-06-30 0001537069 us-gaap:FairValueInputsLevel1Member 2020-01-01 2020-06-30 0001537069 cik0001537069:ManagingMembersCapitalMember 2020-01-01 2020-06-30 0001537069 2011-12-31 0001537069 2020-06-30 0001537069 cik0001537069:ValuationAdjustmentsOnFinancingReceivablesMember 2019-06-30 0001537069 cik0001537069:ValuationAdjustmentsOnFinancingReceivablesMember 2018-12-31 0001537069 2020-01-01 2020-06-30 0001537069 srt:MinimumMember 2020-01-01 2020-06-30 0001537069 srt:MaximumMember 2020-01-01 2020-06-30 cik0001537069:Y cik0001537069:segment cik0001537069:contract iso4217:USD xbrli:shares xbrli:shares xbrli:pure iso4217:USD P90D P90D <div> <div> Acquisition expense: Acquisition expense represents costs which include, but are not limited to, legal fees and expenses, travel and communication expenses, cost of appraisals, accounting fees and expenses and miscellaneous expenses related to the selection and acquisition or financing of equipment and equity investment transactions which were not consummated. Such costs are reimbursable to the Managing Member under the terms of the Operating Agreement. As the costs are not eligible for capitalization as note origination costs, such amounts are expensed as incurred. <div /></div> </div> 133000 0 500 500 0.05 0.05 0 44000 44000 140000 <div> <div> Notes receivable, unearned interest income and related revenue recognition: The Company records all future payments of principal and interest on notes as notes receivable, which are then offset by the amount of any related unearned interest income. For financial statement purposes, the Company reports the net investment in the notes on the balance sheet. Such net investment is comprised of the amount advanced on the loans, adjusting for net deferred loan fees or costs incurred at origination, amounts allocated to warrants received upon origination, and any payments received in advance. The unearned interest is recognized over the term of the notes and the income portion of each note payment is calculated so as to generate a constant rate of return on the net balance outstanding. Net deferred loan fees or costs, together with discounts recognized in connection with warrants acquired at origination, are accreted as an adjustment to yield over the term of the loan. Allowances for losses on notes receivable are typically established based on historical charge off and collection experience and the collectability of specifically identified borrowers and billed and unbilled receivables. Notes are considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal and/or interest when due according to the contractual terms of the note agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. If it is determined that a loan is impaired with regard to scheduled payments, the Company will perform an analysis of the note to determine if an impairment valuation reserve is necessary. This analysis considers the estimated cash flows from the note, or the collateral value of the property underlying the note when note repayment is collateral dependent. Any required valuation reserve is charged to earnings when determined; and notes are charged off to the allowance as they are deemed uncollectible. Notes receivable are generally placed in a non-accrual status (i.e., no revenue is recognized) when payments are more than 90 days past due. Additionally, management periodically reviews the creditworthiness of companies with note payments outstanding less than 90 days. Based upon management’s judgment, the related notes may be placed on non-accrual status. Notes placed on non-accrual status are only returned to an accrual status when the account has been brought current and management believes recovery of the remaining unpaid receivable is probable. Until such time, all payments received are applied only against outstanding principal balances. <div /></div> </div> 27000 249000 0.01 99000 0.08 8000 4000 <div> <div> Per Unit data: Net income (loss) per Unit is based upon the weighted average number of Other Members Units outstanding during the period. <div /></div> </div> 140000 514000 514000 514000 242000 242000 242000 1000 1000 1000 161000 120000 120000 60000 60000 7000 7000 120000 120000 60000 7000 14000 -10000 14000 62000 0.01 -0.01 0.01 0.04 P90D <div> <div> Note origination costs: The Company capitalizes note origination costs and deferred loan fees associated with the origination and funding of investments in notes receivable. Costs incurred include both internal costs (e.g., the costs of employees’ activities in connection with successful loan originations) and any external broker fees incurred with such originations. These costs are amortized on a note by note basis over the actual contract term using the effective interest rate method. Upon termination of the underlying notes receivable, any of the remaining net note origination fees or costs are relieved. Likewise, the accumulated amortization related to the deferred costs is relieved. Costs related to notes receivable that are not consummated are not eligible for capitalization as note origination costs and are expensed as acquisition expense in the period of expenditure. <div /></div> </div> P90D 253000 0.1396 0.1137 have maturity dates ranging from 2021 through 2022 155000 116000 P42M 1.00 1.00 1382000 1315000 34000 12000 18000 11000 473000 1200000 3750000 3750000 <div> <div> The Company’s allowance for credit losses at June 30, 2019 were as follows (in thousands): <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:68.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:03.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:26.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:68.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:29.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Valuation Adjustments - </td> </tr> <tr> <td valign="bottom" style="width:68.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:29.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Notes Receivable </td> </tr> <tr> <td valign="bottom" style="width:68.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Balance December 31, 2018 </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:03.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:26.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 133 </td> </tr> <tr> <td valign="bottom" style="width:68.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Note receivable disposal </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:03.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:26.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 27 </td> </tr> <tr> <td valign="bottom" style="width:68.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Write-off </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:03.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:26.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (160) </td> </tr> <tr> <td valign="bottom" style="width:68.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Balance June 30, 2019 </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:03.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:26.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> </tr> </table></div>   <div /></div> </div> 27000 27000 27000 14000 14000 P6Y 10000000000 0.15 514000 242000 P90D 11000 1612396 1612396 1612396 1612396 1612396 1612396 1612396 1612396 false --12-31 Q2 2020 2020-06-30 10-Q 0001537069 1612396 Yes false Non-accelerated Filer Yes ATEL GROWTH CAPITAL FUND 8, LLC false true

11000

14000

26000

74000

38000

40000

17000

<div> <div> The Company’s allowance for credit losses and its recorded investment in notes receivable as of June 30, 2020 and December 31, 2019 were as follows (in thousands):   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:60.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:60.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="5" valign="bottom" style="width:36.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Notes Receivable </td> </tr> <tr> <td valign="bottom" style="width:60.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> June 30, 2020 </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> December 31, 2019 </td> </tr> <tr> <td valign="bottom" style="width:60.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Allowance for credit losses: </td> <td valign="bottom" style="width:02.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">    </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">    </td> </tr> <tr> <td valign="bottom" style="width:60.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Ending balance </td> <td valign="bottom" style="width:02.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> </tr> <tr> <td valign="bottom" style="width:60.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Ending balance: individually evaluated for impairment </td> <td valign="bottom" style="width:02.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> </tr> <tr> <td valign="bottom" style="width:60.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Ending balance: collectively evaluated for impairment </td> <td valign="bottom" style="width:02.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> </tr> <tr> <td valign="bottom" style="width:60.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:60.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Notes receivable: </td> <td valign="bottom" style="width:02.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">    </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">    </td> </tr> <tr> <td valign="bottom" style="width:60.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Ending balance </td> <td valign="bottom" style="width:02.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 242 </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 514 </td> </tr> <tr> <td valign="bottom" style="width:60.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Ending balance: individually evaluated for impairment </td> <td valign="bottom" style="width:02.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 242 </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 514 </td> </tr> <tr> <td valign="bottom" style="width:60.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Ending balance: collectively evaluated for impairment </td> <td valign="bottom" style="width:02.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> </tr> </table></div>   <div /></div> </div>

<div> <div> 4. Allowance for credit losses: The Company had no allowance for credit losses at June 30, 2020. The Company’s allowance for credit losses at June 30, 2019 were as follows (in thousands): <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:68.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:03.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:26.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:68.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:29.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Valuation Adjustments - </td> </tr> <tr> <td valign="bottom" style="width:68.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:29.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Notes Receivable </td> </tr> <tr> <td valign="bottom" style="width:68.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Balance December 31, 2018 </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:03.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:26.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 133 </td> </tr> <tr> <td valign="bottom" style="width:68.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Note receivable disposal </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:03.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:26.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 27 </td> </tr> <tr> <td valign="bottom" style="width:68.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Write-off </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:03.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:26.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (160) </td> </tr> <tr> <td valign="bottom" style="width:68.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Balance June 30, 2019 </td> <td valign="bottom" style="width:02.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:03.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:26.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> </tr> </table></div>   Allowance for Doubtful Accounts Accounts receivable are generally placed in a non-accrual status (i.e., no revenue is recognized) when payments are more than 90 days past due. Additionally, management periodically reviews the creditworthiness of companies with note payments outstanding less than 90 days. Based upon management’s judgment, such notes may be placed in non-accrual status. Notes placed on non-accrual status are only returned to an accrual status when the account has been brought current and management believes recovery of the remaining unpaid receivable is probable. All payments received on amounts billed under notes receivable are applied only against outstanding principal balances. Valuation Adjustments In addition to the allowance established for delinquent accounts receivable, the total allowance also includes anticipated impairment charges on notes receivable. Notes are considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal and/or interest when due according to the contractual terms of the note agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest when due. If it is determined that a loan is impaired with regard to scheduled payments, the Company will perform an analysis of the note to determine if an impairment valuation reserve is necessary. This analysis considers the estimated cash flows from the note, or the collateral value of the property underlying the note when note repayment is collateral dependent. Any required valuation reserve is charged to earnings when determined; and notes are charged off to the allowance as they are deemed uncollectible. The Company’s allowance for credit losses and its recorded investment in notes receivable as of June 30, 2020 and December 31, 2019 were as follows (in thousands):   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:60.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:60.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="5" valign="bottom" style="width:36.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Notes Receivable </td> </tr> <tr> <td valign="bottom" style="width:60.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:02.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> June 30, 2020 </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:17.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> December 31, 2019 </td> </tr> <tr> <td valign="bottom" style="width:60.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Allowance for credit losses: </td> <td valign="bottom" style="width:02.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">    </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">    </td> </tr> <tr> <td valign="bottom" style="width:60.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Ending balance </td> <td valign="bottom" style="width:02.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> </tr> <tr> <td valign="bottom" style="width:60.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Ending balance: individually evaluated for impairment </td> <td valign="bottom" style="width:02.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> </tr> <tr> <td valign="bottom" style="width:60.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Ending balance: collectively evaluated for impairment </td> <td valign="bottom" style="width:02.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> </tr> <tr> <td valign="bottom" style="width:60.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:02.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:60.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Notes receivable: </td> <td valign="bottom" style="width:02.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">    </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">    </td> </tr> <tr> <td valign="bottom" style="width:60.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Ending balance </td> <td valign="bottom" style="width:02.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 242 </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 514 </td> </tr> <tr> <td valign="bottom" style="width:60.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Ending balance: individually evaluated for impairment </td> <td valign="bottom" style="width:02.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 242 </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 514 </td> </tr> <tr> <td valign="bottom" style="width:60.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Ending balance: collectively evaluated for impairment </td> <td valign="bottom" style="width:02.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:15.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> </tr> </table></div>   The Company evaluates the credit quality of its notes receivable on a scale equivalent to the following quality indicators related to corporate risk profiles: Pass – Any account whose debtor, co-debtor or any guarantor has a credit rating on publicly traded or privately placed debt issues as rated by Moody’s or S&P for either Senior Unsecured debt, Long Term Issuer rating or Issuer rating that are in the tiers of ratings generally recognized by the investment community as constituting an Investment Grade credit rating; or, has been determined by the Manager to be an Investment Grade Equivalent or High Quality Corporate Credit per its Credit Policy or has a Not Rated internal rating by the Manager and the account is not considered by the Chief Credit Officer of the Manager to fall into one of the three and six risk profiles below. Special Mention – Any traditional corporate type account with potential weaknesses (e.g. large net losses or major industry downturns) or, any growth capital account that has less than three and six months of cash as of the end of the calendar quarter to fund their continuing operations. These accounts deserve management’s close attention. If left uncorrected, those potential weaknesses may result in deterioration of the Fund’s receivable at some future date. Substandard – Any account that is inadequately protected by the current worth and paying capacity of the borrower or of the collateral pledged, if any. Accounts that are so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the Fund will sustain some loss as the likelihood of fully collecting all receivables may be questionable if the deficiencies are not corrected. Such accounts are on the Manager’s Credit Watch List. Doubtful – Any account where the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. Accordingly, an account that is so classified is on the Manager’s Credit Watch List, and has been declared in default and the Manager has repossessed, or is attempting to repossess, the equipment it financed. This category includes impaired notes as applicable. At June 30, 2020 and December 31, 2019, the Company’s notes receivable by credit quality indicator and by class of notes receivable were as follows (in thousands): <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:68.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:68.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:29.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Notes Receivable </td> </tr> <tr> <td valign="bottom" style="width:68.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:14.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> June 30, 2020 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:14.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> December 31, 2019 </td> </tr> <tr> <td valign="bottom" style="width:68.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Pass </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 242 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 514 </td> </tr> <tr> <td valign="bottom" style="width:68.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Doubtful </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> </tr> <tr> <td valign="bottom" style="width:68.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Total </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 242 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 514 </td> </tr> </table></div>   As of June 30, 2020 and December 31, 2019, there were no impaired investments in notes receivable.  At June 30, 2020 and December 31, 2019, investment in notes receivable is aged as follows (in thousands): <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:36.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:06.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:06.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:04.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:05.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:04.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:06.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:36.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:06.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:06.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:04.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:04.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:06.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Recorded </td> </tr> <tr> <td valign="bottom" style="width:36.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:06.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:06.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:05.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Greater </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:04.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:07.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Total </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Investment>90 </td> </tr> <tr> <td valign="bottom" style="width:36.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:07.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 31‑60 Days </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:07.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 61‑90 Days </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:05.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Than 90 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:06.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Total  </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:04.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:07.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Notes </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Days and </td> </tr> <tr> <td valign="bottom" style="width:36.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> June 30, 2020 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:07.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Past Due </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:07.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Past Due </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:05.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Days </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:06.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Past Due </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:05.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Current </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:07.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Receivable </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Accruing </td> </tr> <tr> <td valign="bottom" style="width:36.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Notes receivable </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:06.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:06.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:04.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:05.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:04.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 242 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:06.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 242 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> </tr> </table></div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:36.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:06.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:06.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:04.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:05.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:04.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:06.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:36.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:06.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:06.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:04.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:04.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:06.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Recorded </td> </tr> <tr> <td valign="bottom" style="width:36.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:06.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:06.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:05.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Greater </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:04.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:07.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Total </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Investment>90 </td> </tr> <tr> <td valign="bottom" style="width:36.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:07.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 31‑60 Days </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:07.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 61‑90 Days </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:05.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Than 90 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:06.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Total  </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:04.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:07.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Notes </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Days and </td> </tr> <tr> <td valign="bottom" style="width:36.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> December 31, 2019 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:07.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Past Due </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:07.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Past Due </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:05.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Days </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:06.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Past Due </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:05.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Current </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:07.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Receivable </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Accruing </td> </tr> <tr> <td valign="bottom" style="width:36.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Notes receivable </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:06.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:06.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:04.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:05.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:04.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 514 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:06.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 514 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> </tr> </table></div>   <div /></div> </div>

1501000

1343000

<div> <div> Basis of presentation: The accompanying unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States (‘‘GAAP’’) for interim financial information and with the instructions to Form 10-Q as mandated by the Securities and Exchange Commission. The unaudited interim financial statements reflect all adjustments which are, in the opinion of the Managing Member, necessary for a fair statement of financial position and results of operations for the interim periods presented. All such adjustments are of a normal recurring nature. Operating results for the three and six months ended June 30, 2020 are not necessarily indicative of the results to be expected for the full year. Footnote and tabular amounts are presented in thousands, except as to Units and per Unit data. In preparing the accompanying financial statements, the Company has reviewed, as determined necessary by the Managing Member, events that have occurred after June 30, 2020, up until the issuance of the financial statements. No events were noted which would require disclosure in the footnotes to the financial statements. <div /></div> </div>

70000

25000

214000

444000

70000

25000

230000

-45000

250000

<div> <div>   6. Commitments: At June 30, 2020, there was no commitment to fund investments in notes receivable. <div /></div> </div>

7500000

1612396

235000

107000

166000

85000

4000

35000

-31000

4000

251000

52000

36000

251000

215000

219000

8000

3000

14000

6000

18000

561000

319000

386000

588000

577000

491000

888000

444000

81000

0.55

0.28

0.05

<div> <div> Distributions to the Other Members for June 30, 2020 and 2019 were as follows (in thousands, except as to Units and per Unit data): <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:51.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="5" valign="bottom" style="width:22.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Three Months Ended </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:22.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Six Months Ended </td> </tr> <tr> <td valign="bottom" style="width:51.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:22.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> June 30,  </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:22.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> June 30,  </td> </tr> <tr> <td valign="bottom" style="width:51.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> </tr> <tr> <td valign="bottom" style="width:51.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Distributions declared </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 444 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 81 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 888 </td> </tr> <tr> <td valign="bottom" style="width:51.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Weighted average number of Units outstanding </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,612,396 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,612,396 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,612,396 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,612,396 </td> </tr> <tr> <td valign="bottom" style="width:51.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Weighted average distributions per Unit </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 0.28 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 0.05 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 0.55 </td> </tr> </table></div>   <div /></div> </div>

-29000

-13000

<div> <div> The following tables summarize the valuation techniques and significant unobservable inputs used for the Company’s recurring and non-recurring fair value calculation categorized as Level 3 in the fair value hierarchy at June 30, 2020 and December 31, 2019: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:16.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:22.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:22.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:23.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td colspan="9" valign="bottom" style="width:100.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> June 30, 2020 </td> </tr> <tr> <td valign="bottom" style="width:16.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:08.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Valuation  </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:22.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Valuation </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:22.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Unobservable </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:23.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Range of Input Values </td> </tr> <tr> <td valign="bottom" style="width:16.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Name </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:08.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Frequency </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:22.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Technique </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:22.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Inputs </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:23.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (Weighted Average) </td> </tr> <tr> <td valign="bottom" style="width:16.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Warrants </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Recurring </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:22.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Black-Scholes formulation </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:22.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Stock price </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:23.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $0.01 - $16.95  ($0.60) </td> </tr> <tr> <td valign="bottom" style="width:16.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:22.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:22.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Exercise price </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:23.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $0.02 - $25.76  ($0.34) </td> </tr> <tr> <td valign="bottom" style="width:16.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:22.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:22.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Time to maturity (in years) </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:23.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 0.49 - 11.45 (6.86) </td> </tr> <tr> <td valign="bottom" style="width:16.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:22.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:22.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Risk-free interest rate </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:23.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 0.17% - 1.58%  (0.51%) </td> </tr> <tr> <td valign="bottom" style="width:16.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:22.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:22.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Annualized volatility </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:23.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 29.90% - 205.61%  (50.53%) </td> </tr> </table></div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:16.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:22.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:22.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:23.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td colspan="9" valign="bottom" style="width:100.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> December 31, 2019 </td> </tr> <tr> <td valign="bottom" style="width:16.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:08.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Valuation  </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:22.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Valuation </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:22.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Unobservable </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:23.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Range of Input Values </td> </tr> <tr> <td valign="bottom" style="width:16.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Name </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:08.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Frequency </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:22.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Technique </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:22.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Inputs </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:23.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (Weighted Average) </td> </tr> <tr> <td valign="bottom" style="width:16.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Warrants </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Recurring </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:22.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Black-Scholes formulation </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:22.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Stock price </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:23.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $0.11 - $16.07  (S0.66) </td> </tr> <tr> <td valign="bottom" style="width:16.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:22.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:22.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Exercise price </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:23.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $0.02 - $38.64  ($0.34) </td> </tr> <tr> <td valign="bottom" style="width:16.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:22.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:22.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Time to maturity (in years) </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:23.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 0.99 - 11.95 (7.31) </td> </tr> <tr> <td valign="bottom" style="width:16.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:22.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:22.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Risk-free interest rate </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:23.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1.59% - 1.99%  (1.82%) </td> </tr> <tr> <td valign="bottom" style="width:16.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:22.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:22.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Annualized volatility </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:23.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 32.21% - 114.44%  (47.97%) </td> </tr> </table></div>   <div /></div> </div>

<div> <div> The fair value of investment securities that were accounted for on a recurring basis during the three and six month periods ended June 30, 2020 and 2019, classified as Level 1 are as follows (in thousands): <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:58.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:58.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:19.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Three Months Ended </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="4" valign="bottom" style="width:18.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Six Months Ended </td> </tr> <tr> <td valign="bottom" style="width:58.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:19.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> June 30,  </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="4" valign="bottom" style="width:18.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> June 30,  </td> </tr> <tr> <td valign="bottom" style="width:58.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:07.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> </tr> <tr> <td valign="bottom" style="width:58.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Fair value of investment in securities at beginning of period </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  60 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 82 </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 64 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 117 </td> </tr> <tr> <td valign="bottom" style="width:58.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Unrealized gain (loss) on fair market valuation of securities </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  219 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  4 </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 215 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (31) </td> </tr> <tr> <td valign="bottom" style="width:58.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Conversion of previously held private securities </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 44 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 44 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> </tr> <tr> <td valign="bottom" style="width:58.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Fair value of investment in securities at end of period </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 323 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 86 </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 323 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 86 </td> </tr> </table></div>   <div /></div> </div>

<div> <div> The fair value of warrants that were accounted for on a recurring basis during the three and six months ended June 30, 2020 and 2019, and classified as Level 3, are as follows (in thousands): <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:58.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:58.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:19.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Three Months Ended </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:19.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Six Months Ended </td> </tr> <tr> <td valign="bottom" style="width:58.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:19.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> June 30,  </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:19.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> June 30,  </td> </tr> <tr> <td valign="bottom" style="width:58.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> </tr> <tr> <td valign="bottom" style="width:58.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Fair value of warrants at beginning of period </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 577 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 319 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 588 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 561 </td> </tr> <tr> <td valign="bottom" style="width:58.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Warrants converted to securities </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (140) </td> </tr> <tr> <td valign="bottom" style="width:58.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Unrealized gain (loss) on fair value adjustment for warrants </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (86) </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 67 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (97) </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (35) </td> </tr> <tr> <td valign="bottom" style="width:58.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Fair value of warrants at end of period </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 491 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 386 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 491 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 386 </td> </tr> </table></div>   <div /></div> </div>

<div> <div> The following tables present estimated fair values of the Company’s financial instruments in accordance with the guidance provided by the Financial Instruments Topic of the FASB Accounting Standards Codification at June 30, 2020 and December 31, 2019 (in thousands): <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:05.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="14" valign="bottom" style="width:41.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> June 30, 2020 </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:06.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Carrying </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:06.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Amount </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:06.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Level 1 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:06.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Level 2 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:06.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Level 3 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:06.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Total </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Financial assets: </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">    </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">    </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">    </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">    </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">    </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Cash and cash equivalents </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 25 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 25 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:05.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 25 </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Notes receivable, net </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 242 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 246 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 246 </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Investment in securities </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 323 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 323 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:05.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 323 </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Warrants </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 491 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 491 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 491 </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:05.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> </tr> </table></div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:05.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="14" valign="bottom" style="width:41.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> December 31, 2019 </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:06.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Carrying </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:06.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Amount </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:06.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Level 1 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:06.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Level 2 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:06.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Level 3 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:06.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Total </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Financial assets: </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">    </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">    </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">    </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">    </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">    </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Cash and cash equivalents </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 70 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 70 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:05.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 70 </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Notes receivable, net </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 514 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 516 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 516 </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Investment in securities </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 64 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 64 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:05.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 64 </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Warrants </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 588 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 588 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 588 </td> </tr> </table></div>   <div /></div> </div>

<div> <div> 8. Fair value measurements: Under applicable accounting standards, fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. At June 30, 2020 and December 31, 2019, the Company’s warrants and investment securities were measured on a recurring basis. The measurement methodology is as follows: Warrants (recurring) Warrants owned by the Company are not registered for public sale, but are considered derivatives and are carried on the balance sheet at an estimated fair value at the end of the period. The valuation of the warrants was determined using a Black-Scholes formulation of value based upon the volatility of respective similar publicly traded companies, a risk free interest rate for the term(s) of the warrant exercise(s), and the respective exercise prices and number of warrants. As of June 30, 2020 and December 31, 2019, the calculated fair value of the Fund’s warrant portfolio totaled $491 thousand and $588 thousand, respectively. Such valuation is classified within Level 3 of the valuation hierarchy. The fair value of warrants that were accounted for on a recurring basis during the three and six months ended June 30, 2020 and 2019, and classified as Level 3, are as follows (in thousands): <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:58.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:58.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:19.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Three Months Ended </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:19.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Six Months Ended </td> </tr> <tr> <td valign="bottom" style="width:58.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:19.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> June 30,  </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:19.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> June 30,  </td> </tr> <tr> <td valign="bottom" style="width:58.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> </tr> <tr> <td valign="bottom" style="width:58.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Fair value of warrants at beginning of period </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 577 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 319 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 588 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 561 </td> </tr> <tr> <td valign="bottom" style="width:58.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Warrants converted to securities </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (140) </td> </tr> <tr> <td valign="bottom" style="width:58.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Unrealized gain (loss) on fair value adjustment for warrants </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (86) </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 67 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (97) </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> (35) </td> </tr> <tr> <td valign="bottom" style="width:58.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Fair value of warrants at end of period </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 491 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 386 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 491 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 386 </td> </tr> </table></div>   Investment securities (recurring) The Company’s investment securities registered for public sale with readily determinable fair values are measured at fair value with any changes in fair value recognized in the Company’s results of operations. As of June 30, 2020 and December 31, 2019, the fair value of such securities totaled $323 thousand and $64 thousand, respectively. The fair value of investment securities that were accounted for on a recurring basis during the three and six month periods ended June 30, 2020 and 2019, classified as Level 1 are as follows (in thousands): <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:58.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:58.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:19.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Three Months Ended </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="4" valign="bottom" style="width:18.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Six Months Ended </td> </tr> <tr> <td valign="bottom" style="width:58.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:19.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> June 30,  </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="4" valign="bottom" style="width:18.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> June 30,  </td> </tr> <tr> <td valign="bottom" style="width:58.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:07.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> </tr> <tr> <td valign="bottom" style="width:58.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Fair value of investment in securities at beginning of period </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  60 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 82 </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 64 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 117 </td> </tr> <tr> <td valign="bottom" style="width:58.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Unrealized gain (loss) on fair market valuation of securities </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  219 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  4 </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 215 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (31) </td> </tr> <tr> <td valign="bottom" style="width:58.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Conversion of previously held private securities </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 44 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 44 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:07.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> </tr> <tr> <td valign="bottom" style="width:58.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Fair value of investment in securities at end of period </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 323 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 86 </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 323 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 86 </td> </tr> </table></div>   Impaired notes receivable (non-recurring) The fair value of the Company’s notes receivable, when impairment adjustments are required, is estimated using either third party appraisals or estimations of the value of collateral (for collateral dependent loans) or discounted cash flow analyses (by discounting estimated future cash flows) using the effective interest rate contained in the terms of the original loan.   There were no fair value adjustments recorded on the notes receivable during the respective three and six months ended June, 30 2020. During the three and six months ended June 30, 2019, the Company recorded fair value adjustments totaling $14 thousand and $27 thousand, respectively, for impaired notes. The fair value adjustments recorded in portfolio were non-recurring and were based upon an estimated valuation of underlying collateral. Under the Fair Value Measurements Topic of the FASB Accounting Standards Codification, the fair value of the impaired notes receivable is classified within Level 3 of the valuation hierarchy. The valuation utilizes a market approach technique and uses inputs from third party appraisers that utilize current market transactions as adjusted for certain factors specific to the underlying collateral. The following tables summarize the valuation techniques and significant unobservable inputs used for the Company’s recurring and non-recurring fair value calculation categorized as Level 3 in the fair value hierarchy at June 30, 2020 and December 31, 2019: <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:16.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:22.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:22.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:23.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td colspan="9" valign="bottom" style="width:100.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> June 30, 2020 </td> </tr> <tr> <td valign="bottom" style="width:16.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:08.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Valuation  </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:22.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Valuation </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:22.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Unobservable </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:23.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Range of Input Values </td> </tr> <tr> <td valign="bottom" style="width:16.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Name </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:08.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Frequency </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:22.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Technique </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:22.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Inputs </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:23.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (Weighted Average) </td> </tr> <tr> <td valign="bottom" style="width:16.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Warrants </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Recurring </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:22.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Black-Scholes formulation </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:22.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Stock price </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:23.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $0.01 - $16.95  ($0.60) </td> </tr> <tr> <td valign="bottom" style="width:16.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:22.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:22.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Exercise price </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:23.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $0.02 - $25.76  ($0.34) </td> </tr> <tr> <td valign="bottom" style="width:16.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:22.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:22.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Time to maturity (in years) </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:23.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 0.49 - 11.45 (6.86) </td> </tr> <tr> <td valign="bottom" style="width:16.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:22.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:22.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Risk-free interest rate </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:23.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 0.17% - 1.58%  (0.51%) </td> </tr> <tr> <td valign="bottom" style="width:16.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:22.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:22.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Annualized volatility </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:23.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 29.90% - 205.61%  (50.53%) </td> </tr> </table></div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:16.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:22.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:22.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:23.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td colspan="9" valign="bottom" style="width:100.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> December 31, 2019 </td> </tr> <tr> <td valign="bottom" style="width:16.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:08.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Valuation  </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:22.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Valuation </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:22.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Unobservable </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:23.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Range of Input Values </td> </tr> <tr> <td valign="bottom" style="width:16.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Name </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:08.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Frequency </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:22.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Technique </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:22.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Inputs </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:23.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> (Weighted Average) </td> </tr> <tr> <td valign="bottom" style="width:16.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Warrants </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Recurring </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:22.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Black-Scholes formulation </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:22.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Stock price </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:23.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $0.11 - $16.07  (S0.66) </td> </tr> <tr> <td valign="bottom" style="width:16.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:22.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:22.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Exercise price </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:23.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> $0.02 - $38.64  ($0.34) </td> </tr> <tr> <td valign="bottom" style="width:16.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:22.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:22.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Time to maturity (in years) </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:23.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 0.99 - 11.95 (7.31) </td> </tr> <tr> <td valign="bottom" style="width:16.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:22.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:22.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Risk-free interest rate </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:23.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1.59% - 1.99%  (1.82%) </td> </tr> <tr> <td valign="bottom" style="width:16.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:22.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">    </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:22.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Annualized volatility </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:23.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 32.21% - 114.44%  (47.97%) </td> </tr> </table></div>   The following disclosure of the estimated fair value of financial instruments is made in accordance with the guidance provided by the Financial Instruments Topic of the FASB Accounting Standards Codification. Fair value estimates, methods and assumptions, set forth below for the Company’s financial instruments, are made solely to comply with the requirements of the Financial Instruments Topic and should be read in conjunction with the Company’s financial statements and related notes. The Company has determined the estimated fair value amounts by using market information and valuation methodologies that it considers appropriate and consistent with the fair value accounting guidance. Considerable judgment is required to interpret market data to develop the estimates of fair value. The use of different market assumptions and/or estimation methodologies may have a material effect on the estimated fair value amounts. Cash and cash equivalents The recorded amounts of the Company’s cash and cash equivalents approximate fair value because of the liquidity and short-term maturity of these instruments. Notes receivable The fair value of the Company’s notes receivable is generally estimated based upon various methodologies deployed by financial and credit management including, but not limited to, credit analysis, third party appraisal and/or discounted cash flow analysis based upon current market valuation techniques and market rates for similar types of lending arrangements, which may consider adjustments for impaired loans as deemed necessary. Investment in securities The Company’s investment securities registered for public sale with readily determinable fair values are measured at fair value with any changes in fair value recognized in the Company’s results of operations. These investment securities are valued based on their quoted market prices. Commitments and Contingencies The fair value of contingent liabilities (or guarantees) is not considered material because management believes there has been no event that has occurred wherein a guarantee liability has been incurred or will likely be incurred. The following tables present estimated fair values of the Company’s financial instruments in accordance with the guidance provided by the Financial Instruments Topic of the FASB Accounting Standards Codification at June 30, 2020 and December 31, 2019 (in thousands): <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:05.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="14" valign="bottom" style="width:41.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> June 30, 2020 </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:06.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Carrying </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:06.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Amount </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:06.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Level 1 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:06.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Level 2 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:06.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Level 3 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:06.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Total </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Financial assets: </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">    </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">    </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">    </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">    </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">    </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Cash and cash equivalents </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 25 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 25 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:05.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 25 </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Notes receivable, net </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 242 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 246 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 246 </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Investment in securities </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 323 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 323 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:05.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 323 </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Warrants </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 491 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 491 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 491 </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:05.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> </tr> </table></div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:05.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="14" valign="bottom" style="width:41.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> December 31, 2019 </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:06.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Carrying </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:06.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Amount </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:06.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Level 1 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:06.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Level 2 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:06.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Level 3 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:06.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Total </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Financial assets: </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">    </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">    </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">    </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">    </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">    </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Cash and cash equivalents </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 70 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 70 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:05.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 70 </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Notes receivable, net </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 514 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 516 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 516 </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Investment in securities </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 64 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 64 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:05.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 64 </td> </tr> <tr> <td valign="bottom" style="width:56.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Warrants </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 588 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 588 </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:05.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 588 </td> </tr> </table></div>   <div /></div> </div>

160000

<div> <div> At June 30, 2020 and December 31, 2019, the Company’s notes receivable by credit quality indicator and by class of notes receivable were as follows (in thousands): <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:68.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:12.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:68.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:29.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Notes Receivable </td> </tr> <tr> <td valign="bottom" style="width:68.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:14.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> June 30, 2020 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:14.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> December 31, 2019 </td> </tr> <tr> <td valign="bottom" style="width:68.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Pass </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 242 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 514 </td> </tr> <tr> <td valign="bottom" style="width:68.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Doubtful </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:12.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  — </td> </tr> <tr> <td valign="bottom" style="width:68.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Total </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 242 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:12.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 514 </td> </tr> </table></div>   <div /></div> </div>

514000

242000

514000

242000

140000

161000

52000

4000

-22000

23000

-2000

-21000

58000

1000

-4000

-3000

-2000

185000

81000

33000

14000

<div> <div> Investment in securities: From time to time, the Company may purchase securities of its borrowers or receive warrants in connection with its lending arrangements. Purchased securities The Company’s purchased securities registered for public sale with readily determinable fair values are measured at fair value with any changes in fair value recognized in the Company’s results of operations. The Company’s purchased securities not registered for public sale that do not have readily determinable fair values are measured at cost minus impairment, and adjusted for changes in observable prices. Factors considered by the Managing Member in determining fair value include, but are not limited to, available financial information, the issuer’s ability to meet its current obligations and indications of the issuer’s subsequent ability to raise capital. As of June 30, 2020 and December 31, 2019, investments in equity securities totaled $572 thousand and $314 thousand, respectively. For the respective three months ended June 30, 2020 and 2019, the Company recorded $219 thousand and $4 thousand of unrealized gains on investment securities with readily determinable fair values. For the respective six months ended June 30, 2020 and 2019, the Company recorded unrealized gains of $251 thousand and unrealized losses of $31 thousand on such securities. In addition, during the six months ended June 30, 2020 and 2019, the Company recorded $36 thousand and $35 thousand of unrealized gains on investment securities that do not have readily determinable fair values based on changes in observable prices. All of such unrealized gains were recorded during the first quarters of 2020 and 2019. There were no such fair value adjustments recorded during the current quarter and three and six-month periods ended June 30, 2019. Cumulatively, a total of $52 thousand was recorded to increase the value of such investment securities held at June 30, 2020 based on changes in observable prices. Also, during the six months ended June 30, 2019, the Company recorded $161 thousand of realized gains on sales of investment securities, all of which were recorded during the first quarter of 2019. There were no sales or dispositions of investment securities during the three and six months ended June 30, 2020.      Warrants Warrants owned by the Company are not registered for public sale, but are considered derivatives and are reflected at an estimated fair value on the balance sheet as determined by the Managing Member. At June 30, 2020 and December 31, 2019, the Managing Member estimated the fair value of warrants to be $491 thousand and $588 thousand, respectively. During the respective three months ended June 30, 2020 and 2019, the Company recorded $86 thousand of unrealized losses and $67 thousand of unrealized gains on the fair valuation of its warrants.  During the respective six months ended June 30, 2020 and 2019, unrealized losses of $97 thousand and $35 thousand were recorded. Additionally, there was a net exercise of warrants in exchange for equity securities of $140 thousand during the six months ended June 30, 2019, all of which occurred during the first quarter of 2019. There were no such exercises of any kind during the three and six months ended June 30, 2020. <div /></div> </div>

314000

64000

572000

323000

117000

82000

86000

64000

60000

323000

119000

28000

1501000

1343000

providing financing for the acquisition of equipment and other goods and services used by emerging growth companies and established privately held companies without publicly traded securities

2011-12-08

California

<div> <div> 3. Notes receivable, net: The Company has various notes receivable from borrowers who have financed the purchase of equipment through the Company. The terms of the notes receivable are 42 months and bear interest at implicit or stated rates ranging from 11.37% to 13.96% per annum. The notes are secured by the equipment financed and have maturity dates ranging from 2021 through 2022.  At June 30, 2020 and December 31, 2019, the Company had no notes receivable on non-accrual status. As of June 30, 2020, the minimum future payments receivable were as follows (in thousands): <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:85.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:85.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Six months ending December 31, 2020 </td> <td valign="bottom" style="width:02.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 116 </td> </tr> <tr> <td valign="bottom" style="width:85.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Year ending December 31, 2021 </td> <td valign="bottom" style="width:02.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 155 </td> </tr> <tr> <td valign="bottom" style="width:85.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 271 </td> </tr> <tr> <td valign="bottom" style="width:85.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Less: portion representing unearned interest income, net </td> <td valign="bottom" style="width:02.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (18) </td> </tr> <tr> <td valign="bottom" style="width:85.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 253 </td> </tr> <tr> <td valign="bottom" style="width:85.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Unamortized discount on warrants received </td> <td valign="bottom" style="width:02.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (11) </td> </tr> <tr> <td valign="bottom" style="width:85.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Notes receivable, net </td> <td valign="bottom" style="width:02.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:03.10%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.88%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 242 </td> </tr> </table></div>   <div /></div> </div>

18000

9000

6000

2000

2973000

2553000

2099000

1382000

1253000

1315000

<div> <div> 7. Members’ Capital: A total of 1,612,396 Units were issued and outstanding at both June 30, 2020 and December 31, 2019. The Fund is authorized to issue up to 7,500,000 additional Units in addition to the Units issued to the initial Member (50 Units). From the commencement of the Fund until the initial closing date, as defined in the Operating Agreement, the Company’s net income and net losses are allocated 100% to the Manager. Commencing with the initial closing date, net income and net losses are allocated 100% to the Members. An amount equal to 5% of all distributions of cash available for distribution and net disposition proceeds will be allocated to the Manager as the carried interest. An amount equal to (i) an additional 5% of all distributions from cash available for distribution and 1% of all distributions of net disposition proceeds will be paid to the Manager as a promotional interest until investors have received total distributions in amounts equal to their capital contributions plus an amount equal to a priority return of 8% per annum as defined in the Operating Agreement; and (ii) then 15% of all subsequent distributions will be allocated to the Manager as a promotional interest. Distributions not allocated to the Manager as carried or promotional interests will be allocated and paid to the Unitholders. Distributions to the Other Members for June 30, 2020 and 2019 were as follows (in thousands, except as to Units and per Unit data): <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:51.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:51.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="5" valign="bottom" style="width:22.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Three Months Ended </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:22.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Six Months Ended </td> </tr> <tr> <td valign="bottom" style="width:51.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:22.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> June 30,  </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:22.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> June 30,  </td> </tr> <tr> <td valign="bottom" style="width:51.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> </tr> <tr> <td valign="bottom" style="width:51.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Distributions declared </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 444 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 81 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 888 </td> </tr> <tr> <td valign="bottom" style="width:51.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Weighted average number of Units outstanding </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,612,396 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,612,396 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,612,396 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 1,612,396 </td> </tr> <tr> <td valign="bottom" style="width:51.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Weighted average distributions per Unit </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 0.28 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 0.05 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 0.55 </td> </tr> </table></div>   <div /></div> </div>

-986000

-198000

1344000

299000

-128000

-146000

134000

120000

14000

50000

60000

-10000

21000

7000

14000

62000

<div> <div> Recent accounting pronouncements: In March 2020, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2020-03, Codification Improvements to Financial Instruments (“ASU 2020-03”). ASU 2020-03 improves and clarifies various financial instruments topics, including the current expected credit losses (CECL) standard issued in 2016. ASU 2020-03 includes seven different issues that describe the areas of improvement and the related amendments to GAAP that are intended to make the standards easier to understand and apply by eliminating inconsistencies and providing clarifications. The amendments have different effective dates. Management is currently evaluating the effect of adopting this new accounting guidance but does not expect adoption will have a material impact on the Fund’s financial statements and disclosures.   In June 2016, the FASB issued Accounting Standards Update 2016‑13, Financial Instruments — Credit Losses (Topic 326) (“ASU 2016‑13”). The main objective of this Update is to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date. To achieve this objective, the amendments in this Update replace the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. The amendments affect entities holding financial assets and equipment under operating leases that are not accounted for at fair value through net income. The amendments affect loans, debt securities, trade receivables, equipment under operating leases, off-balance-sheet credit exposures, reinsurance receivables, and any other financial assets not excluded from the scope that have the contractual right to receive cash. Management is currently evaluating the standard and expects the update may potentially result in the increase in the allowance for credit losses given the change to estimated losses over the contractual life adjusted for expected prepayments. In November 2018, the FASB issued Accounting Standards Update 2018-19, Codification Improvements to Topic 326, Financial Instruments — Credit Losses (“ASU 2018-19”). The new standard clarifies certain aspects of the new CECL impairment model in ASU 2016-13. The amendment clarifies that receivables arising from operating leases are within the scope of ASC 842, rather than ASC 326. Management is currently evaluating the impact of the standard on the financial statements and related disclosure requirements. On August 15, 2019, the FASB issued a proposed ASU that would grant certain companies additional time to implement FASB standards on CECL and hedging. The proposed ASU defers the effective date for CECL to fiscal periods beginning after December 15, 2022, including interim periods within those fiscal years; and defers the effective dates for hedging to fiscal periods beginning after December 15, 2020, and interim periods within fiscal years beginning after December 15, 2021. The ASU was approved on October 16, 2019. In February 2020, the FASB issued ASU 2020-02 and delayed the effective date of Topic 326 until fiscal year beginning after December 15, 2022.   In August 2018, the FASB issued Accounting Standards Update 2018-13, Fair Value Measurement (“ASU 2018-13”), which amends the disclosure requirements on fair value measurements in Topic 820, Fair Value Measurement. This ASU modifies disclosure requirements for fair value measurements by removing, modifying or adding certain disclosures. The amendments in this Update are effective for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. The amendments on changes in unrealized gains and losses, the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements, and the narrative description of measurement uncertainty should be applied prospectively for only the most recent interim or annual period presented in the initial fiscal year of adoption. All other amendments should be applied retrospectively to all periods presented upon their effective date. The Fund adopted ASU 2018-13 on January 1, 2020. Such adoption did not have a significant impact on the Fund’s financial statements and related disclosure requirements. <div /></div> </div>

4000

1000

2000

1000

516000

514000

516000

246000

242000

246000

271000

514000

242000

4000

-21000

-133000

-71000

<div> <div> 1. Organization and Limited Liability Company matters:<a name="a1OrganizationandLimitedLiabilityCompany"></a> ATEL Growth Capital Fund 8, LLC (the “Company” or the “Fund”) was formed under the laws of the state of California on December 8, 2011 for the purpose of providing financing for the acquisition of equipment and other goods and services used by emerging growth companies and established privately held companies without publicly traded securities, and for providing other forms of financing for, and to acquire equity interests and warrants and rights to purchase equity interests in such companies. The Fund may continue until it is terminated in accordance with the ATEL Growth Capital Fund 8, LLC limited liability company operating agreement dated December 13, 2011 (the “Operating Agreement”). The Managing Member of the Company is AGC Managing Member, LLC (the “Managing Member” or “Manager”), the renamed AGC 8 Managing Member, LLC which was formed in December 2011 as a Nevada limited liability company. Such name change is the result of an amendment to the articles of incorporation filed with the State of Nevada effective March 18, 2014. Contributions in the amount of $500 were received as of December 31, 2011, which represented the initial Member’s capital investment. As a limited liability company, the liability of any individual member for the obligations of the Fund is limited to the extent of capital contributions to the Fund by the individual member. The offering of the Company was granted effectiveness by the Securities and Exchange Commission as of August 20, 2012. As of November 14, 2012, subscriptions for the minimum number of Units (120,000, representing $1.2 million), excluding subscriptions from Pennsylvania investors, had been received and the Fund requested subscription proceeds to be released from escrow. On that date, the Company commenced initial operations. Pennsylvania subscriptions were subject to a separate escrow and were released to the Fund only at such time as total subscription proceeds received by the Fund from all subscribers, including the escrowed Pennsylvania subscriptions, equal to not less than $3.75 million in gross proceeds. Total contributions to the Fund exceeded $3.75 million on March 13, 2013, at which time a request was processed to release the Pennsylvania escrowed amounts. The offering was terminated on August 20, 2014. As of June 30, 2020, cumulative contributions, net of rescissions and related distributions paid, totaling $16.2 million (inclusive of the $500 initial Member’s capital investment) have been received. As of such date, a total of 1,612,396  Units were issued and outstanding. The Company’s principal objectives are to invest in a diversified portfolio of investments that will (i) preserve, protect and return the Company’s invested capital; (ii) generate regular cash distributions to Unitholders, with any balance remaining after required minimum distributions to be used to purchase additional investments during the Reinvestment Period (ending six calendar years after the completion of the Company’s public offering of Units), (iii) provide additional distributions to Unitholders from any proceeds from sales of Equity interests and (iv) provide total cash distributions to Unitholders equal to a desirable rate of return on their investment capital. The Company is governed by the Operating agreement. Pursuant to the terms of the Operating Agreement, the Managing Member and/or its affiliates receives compensation for services rendered and reimbursements for costs incurred on behalf of the Company (Note 5). The Company is required to maintain reasonable cash reserves for working capital, the repurchase of Units and contingencies. The repurchase of Units is solely at the discretion of the Managing Member. These unaudited interim financial statements should be read in conjunction with the financial statements and notes thereto contained in the report on Form 10-K for the year ended December 31, 2019, filed with the Securities and Exchange Commission. <div /></div> </div>

6000

2000

11000

5000

8000

2000

1000

130000

71000

154000

133000

<div> <div> At June 30, 2020 and December 31, 2019, investment in notes receivable is aged as follows (in thousands): <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:36.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:06.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:06.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:04.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:05.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:04.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:06.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:36.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:06.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:06.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:04.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:04.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:06.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Recorded </td> </tr> <tr> <td valign="bottom" style="width:36.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:06.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:06.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:05.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Greater </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:04.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:07.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Total </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Investment>90 </td> </tr> <tr> <td valign="bottom" style="width:36.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:07.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 31‑60 Days </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:07.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 61‑90 Days </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:05.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Than 90 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:06.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Total  </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:04.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:07.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Notes </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Days and </td> </tr> <tr> <td valign="bottom" style="width:36.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> June 30, 2020 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:07.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Past Due </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:07.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Past Due </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:05.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Days </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:06.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Past Due </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:05.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Current </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:07.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Receivable </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Accruing </td> </tr> <tr> <td valign="bottom" style="width:36.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Notes receivable </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:06.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:06.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:04.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:05.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:04.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 242 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:06.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 242 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> </tr> </table></div>   <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:36.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:06.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:06.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:04.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:05.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:04.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:06.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:09.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:36.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:06.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:06.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:04.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:04.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:06.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:10.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Recorded </td> </tr> <tr> <td valign="bottom" style="width:36.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:06.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:06.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:05.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Greater </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:05.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:04.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:07.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Total </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Investment>90 </td> </tr> <tr> <td valign="bottom" style="width:36.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:07.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 31‑60 Days </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:07.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 61‑90 Days </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:05.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Than 90 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:06.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Total  </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:04.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:07.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Notes </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Days and </td> </tr> <tr> <td valign="bottom" style="width:36.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> December 31, 2019 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:07.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Past Due </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:07.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Past Due </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:05.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Days </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:06.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Past Due </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:05.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Current </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:07.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Receivable </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="2" valign="bottom" style="width:10.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Accruing </td> </tr> <tr> <td valign="bottom" style="width:36.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Notes receivable </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:06.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:06.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:04.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:05.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:04.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 514 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:06.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 514 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:09.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">  — </td> </tr> </table></div>   <div /></div> </div>

98000

888000

18000

180000

7000

26000

4000

2000

736000

306000

16200000

161000

58000

25000

69000

43000

92000

47000

46000

19000

<div> <div> 5. Related party transactions: The terms of the Operating Agreement provide that the Managing Member and/or affiliates are entitled to receive certain fees for gross financing revenues, and for management of the Company and its investment portfolio. The Operating Agreement allows for the reimbursement of costs incurred by the Managing Member and/or affiliates for providing administrative services to the Company. Administrative services provided include Company accounting, investor relations, legal counsel and equipment financing documentation. The Managing Member is not reimbursed for services whereby it is entitled to receive a separate fee as compensation for such services, such as management of investments. Cost reimbursements to the Managing Member or its affiliates are based on its costs incurred in performing administrative services for the Company. These costs are allocated to each managed entity based on certain criteria such as total assets, number of investors or contributed capital based upon the type of cost incurred. The Managing Member believes that the costs reimbursed are the lower of (i) actual costs incurred on behalf of the Company or (ii) the amount the Company would be required to pay independent parties for comparable administrative services in the same geographic location. During the three and six months ended June 30, 2020 and 2019, the Managing Member and/or affiliates earned fees and billed for reimbursements pursuant to the Operating Agreement as follows (in thousands): <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:59.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:06.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:59.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:17.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Three Months Ended </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:19.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Six Months Ended </td> </tr> <tr> <td valign="bottom" style="width:59.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="4" valign="bottom" style="width:16.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> June 30,  </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:19.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> June 30,  </td> </tr> <tr> <td valign="bottom" style="width:59.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> </tr> <tr> <td valign="bottom" style="width:59.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Administrative costs reimbursed to Managing Member and/or affiliates </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:06.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 17 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 38 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 40 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 74 </td> </tr> <tr> <td valign="bottom" style="width:59.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Asset management fees to Managing Member </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:06.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  2 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  9 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  6 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 18 </td> </tr> <tr> <td valign="bottom" style="width:59.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:06.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 19 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 47 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 46 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 92 </td> </tr> </table></div>   <div /></div> </div>

239000

86000

33000

14000

<div> <div> As of June 30, 2020, the minimum future payments receivable were as follows (in thousands): <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:85.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:08.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:85.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Six months ending December 31, 2020 </td> <td valign="bottom" style="width:02.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 116 </td> </tr> <tr> <td valign="bottom" style="width:85.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Year ending December 31, 2021 </td> <td valign="bottom" style="width:02.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 155 </td> </tr> <tr> <td valign="bottom" style="width:85.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 271 </td> </tr> <tr> <td valign="bottom" style="width:85.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Less: portion representing unearned interest income, net </td> <td valign="bottom" style="width:02.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (18) </td> </tr> <tr> <td valign="bottom" style="width:85.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:02.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:08.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 253 </td> </tr> <tr> <td valign="bottom" style="width:85.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Unamortized discount on warrants received </td> <td valign="bottom" style="width:02.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:08.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> (11) </td> </tr> <tr> <td valign="bottom" style="width:85.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Notes receivable, net </td> <td valign="bottom" style="width:02.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:03.10%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:08.88%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 242 </td> </tr> </table></div>   <div /></div> </div>

<div> <div> During the three and six months ended June 30, 2020 and 2019, the Managing Member and/or affiliates earned fees and billed for reimbursements pursuant to the Operating Agreement as follows (in thousands): <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;"> <tr> <td valign="bottom" style="width:59.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:06.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> <td valign="bottom" style="width:07.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">   </td> </tr> <tr> <td valign="bottom" style="width:59.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:17.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Three Months Ended </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:19.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> Six Months Ended </td> </tr> <tr> <td valign="bottom" style="width:59.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="4" valign="bottom" style="width:16.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> June 30,  </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td colspan="5" valign="bottom" style="width:19.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> June 30,  </td> </tr> <tr> <td valign="bottom" style="width:59.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2020 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;">      </td> <td colspan="2" valign="bottom" style="width:08.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> 2019 </td> </tr> <tr> <td valign="bottom" style="width:59.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> Administrative costs reimbursed to Managing Member and/or affiliates </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:06.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 17 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 38 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 40 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 74 </td> </tr> <tr> <td valign="bottom" style="width:59.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> Asset management fees to Managing Member </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:06.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  2 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  9 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">  6 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;">   </td> <td valign="bottom" style="width:07.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> 18 </td> </tr> <tr> <td valign="bottom" style="width:59.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:06.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 19 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 47 </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 46 </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;">   </td> <td valign="bottom" style="width:01.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> $ </td> <td valign="bottom" style="width:07.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> 92 </td> </tr> </table></div>   <div /></div> </div>

<div> <div> 2. Summary of significant accounting policies: Basis of presentation: The accompanying unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States (‘‘GAAP’’) for interim financial information and with the instructions to Form 10-Q as mandated by the Securities and Exchange Commission. The unaudited interim financial statements reflect all adjustments which are, in the opinion of the Managing Member, necessary for a fair statement of financial position and results of operations for the interim periods presented. All such adjustments are of a normal recurring nature. Operating results for the three and six months ended June 30, 2020 are not necessarily indicative of the results to be expected for the full year. Footnote and tabular amounts are presented in thousands, except as to Units and per Unit data. In preparing the accompanying financial statements, the Company has reviewed, as determined necessary by the Managing Member, events that have occurred after June 30, 2020, up until the issuance of the financial statements. No events were noted which would require disclosure in the footnotes to the financial statements. Cash and cash equivalents: Cash and cash equivalents include cash in banks and cash equivalent investments such as U.S. Treasury instruments with original and/or purchased maturities of ninety days or less. Use of Estimates: The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from the estimates. Such estimates primarily relate to the determination of credit losses on notes receivable and the fair valuation of equity securities and warrants. Accounts receivable: Accounts receivable represent the amounts billed under notes receivable which are currently due to the Company. Allowances for credit losses are typically established based on historical charge off and collection experience and the collectability of specifically identified borrowers, and invoiced amounts. Accounts receivable deemed uncollectible are generally charged off against the allowance on a specific identification basis. Recoveries of amounts that were previously written-off are recorded as other income in the period received. Credit risk: Financial instruments that potentially subject the Company to concentrations of credit risk include cash and cash equivalents, notes receivable and accounts receivable. The Company places the majority of its cash deposits in noninterest-bearing accounts with financial institutions that have no less than $10 billion in assets. Such deposits are insured up to $250 thousand. The remainder of the Funds’ cash is temporarily invested in U.S. Treasury instruments. The concentration of such deposits and temporary cash investments is not deemed to create a significant risk to the Company. Accounts and notes receivable represent amounts due from borrowers in various industries related to equipment financed through notes receivable. Notes receivable, unearned interest income and related revenue recognition: The Company records all future payments of principal and interest on notes as notes receivable, which are then offset by the amount of any related unearned interest income. For financial statement purposes, the Company reports the net investment in the notes on the balance sheet. Such net investment is comprised of the amount advanced on the loans, adjusting for net deferred loan fees or costs incurred at origination, amounts allocated to warrants received upon origination, and any payments received in advance. The unearned interest is recognized over the term of the notes and the income portion of each note payment is calculated so as to generate a constant rate of return on the net balance outstanding. Net deferred loan fees or costs, together with discounts recognized in connection with warrants acquired at origination, are accreted as an adjustment to yield over the term of the loan. Allowances for losses on notes receivable are typically established based on historical charge off and collection experience and the collectability of specifically identified borrowers and billed and unbilled receivables. Notes are considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal and/or interest when due according to the contractual terms of the note agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. If it is determined that a loan is impaired with regard to scheduled payments, the Company will perform an analysis of the note to determine if an impairment valuation reserve is necessary. This analysis considers the estimated cash flows from the note, or the collateral value of the property underlying the note when note repayment is collateral dependent. Any required valuation reserve is charged to earnings when determined; and notes are charged off to the allowance as they are deemed uncollectible. Notes receivable are generally placed in a non-accrual status (i.e., no revenue is recognized) when payments are more than 90 days past due. Additionally, management periodically reviews the creditworthiness of companies with note payments outstanding less than 90 days. Based upon management’s judgment, the related notes may be placed on non-accrual status. Notes placed on non-accrual status are only returned to an accrual status when the account has been brought current and management believes recovery of the remaining unpaid receivable is probable. Until such time, all payments received are applied only against outstanding principal balances. Note origination costs: The Company capitalizes note origination costs and deferred loan fees associated with the origination and funding of investments in notes receivable. Costs incurred include both internal costs (e.g., the costs of employees’ activities in connection with successful loan originations) and any external broker fees incurred with such originations. These costs are amortized on a note by note basis over the actual contract term using the effective interest rate method. Upon termination of the underlying notes receivable, any of the remaining net note origination fees or costs are relieved. Likewise, the accumulated amortization related to the deferred costs is relieved. Costs related to notes receivable that are not consummated are not eligible for capitalization as note origination costs and are expensed as acquisition expense in the period of expenditure. Acquisition expense: Acquisition expense represents costs which include, but are not limited to, legal fees and expenses, travel and communication expenses, cost of appraisals, accounting fees and expenses and miscellaneous expenses related to the selection and acquisition or financing of equipment and equity investment transactions which were not consummated. Such costs are reimbursable to the Managing Member under the terms of the Operating Agreement. As the costs are not eligible for capitalization as note origination costs, such amounts are expensed as incurred. Segment reporting: The Company is organized into one operating segment for the purpose of making operating decisions or assessing performance. Accordingly, the Company operates in one reportable operating segment in the United States. The Company’s principal decision makers are the Managing Member’s Chief Executive Officer and its Chief Financial Officer and Chief Operating Officer. The Company believes that its financing business operates as one reportable segment because: a) the Company measures profit and loss at the portfolio assets level as a whole; b) the principal decision makers do not review information based on any operating segment other than the equipment financing transaction portfolio; c) the Company does not maintain discrete financial information on any specific segment other than its equipment financing operations; d) the Company has not chosen to organize its business around different products and services other than equipment financing; and e) the Company has not chosen to organize its business around geographic areas. The primary geographic region in which the Company seeks financing opportunities is North America. All of the Company’s current operating revenues for the respective three and six months ended June 30, 2020 and 2019, and long-lived tangible assets as of June 30, 2020 and December 31, 2019 relate to customers domiciled in the United States. Investment in securities: From time to time, the Company may purchase securities of its borrowers or receive warrants in connection with its lending arrangements. Purchased securities The Company’s purchased securities registered for public sale with readily determinable fair values are measured at fair value with any changes in fair value recognized in the Company’s results of operations. The Company’s purchased securities not registered for public sale that do not have readily determinable fair values are measured at cost minus impairment, and adjusted for changes in observable prices. Factors considered by the Managing Member in determining fair value include, but are not limited to, available financial information, the issuer’s ability to meet its current obligations and indications of the issuer’s subsequent ability to raise capital. As of June 30, 2020 and December 31, 2019, investments in equity securities totaled $572 thousand and $314 thousand, respectively. For the respective three months ended June 30, 2020 and 2019, the Company recorded $219 thousand and $4 thousand of unrealized gains on investment securities with readily determinable fair values. For the respective six months ended June 30, 2020 and 2019, the Company recorded unrealized gains of $251 thousand and unrealized losses of $31 thousand on such securities. In addition, during the six months ended June 30, 2020 and 2019, the Company recorded $36 thousand and $35 thousand of unrealized gains on investment securities that do not have readily determinable fair values based on changes in observable prices. All of such unrealized gains were recorded during the first quarters of 2020 and 2019. There were no such fair value adjustments recorded during the current quarter and three and six-month periods ended June 30, 2019. Cumulatively, a total of $52 thousand was recorded to increase the value of such investment securities held at June 30, 2020 based on changes in observable prices. Also, during the six months ended June 30, 2019, the Company recorded $161 thousand of realized gains on sales of investment securities, all of which were recorded during the first quarter of 2019. There were no sales or dispositions of investment securities during the three and six months ended June 30, 2020.      Warrants Warrants owned by the Company are not registered for public sale, but are considered derivatives and are reflected at an estimated fair value on the balance sheet as determined by the Managing Member. At June 30, 2020 and December 31, 2019, the Managing Member estimated the fair value of warrants to be $491 thousand and $588 thousand, respectively. During the respective three months ended June 30, 2020 and 2019, the Company recorded $86 thousand of unrealized losses and $67 thousand of unrealized gains on the fair valuation of its warrants.  During the respective six months ended June 30, 2020 and 2019, unrealized losses of $97 thousand and $35 thousand were recorded. Additionally, there was a net exercise of warrants in exchange for equity securities of $140 thousand during the six months ended June 30, 2019, all of which occurred during the first quarter of 2019. There were no such exercises of any kind during the three and six months ended June 30, 2020.   Per Unit data: Net income (loss) per Unit is based upon the weighted average number of Other Members Units outstanding during the period. Fair Value: Fair value measurements and disclosures are based on a fair value hierarchy as determined by significant inputs used to measure fair value. The three and six levels of inputs within the fair value hierarchy are defined as follows: Level 1 —  Quoted prices in active markets for identical assets or liabilities. An active market for the asset or liability is a market in which transactions for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis.   Level 2 —  Quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuations in which all significant inputs are observable in the market.   Level 3 —  Valuation is modeled using significant inputs that are unobservable in the market. These unobservable inputs reflect the Company’s own estimates of assumptions that market participants would use in pricing the asset or liability.   The Company’s valuation policy is determined by members of the Asset Management, Credit and Accounting departments. Whenever possible, the policy is to obtain quoted market prices in active markets to estimate fair values for recognition and disclosure purposes. Where quoted market prices in active markets are not available, fair values are estimated using discounted cash flow analyses, broker quotes and third party appraisals of collateral and/or other valuation techniques. These techniques are significantly affected by certain of the Company’s assumptions, including discount rates and estimates of future cash flows. Potential taxes and other transaction costs are not considered in estimating fair values. As the Company is responsible for determining fair value, an analysis is performed on prices obtained from third parties. Such analysis is performed by asset management and credit department personnel who are familiar with the Company’s investments in notes receivable and equity securities of venture companies. The analysis may include a periodic review of price fluctuations and validation of numbers obtained from a specific third party by reference to multiple representative sources. Recent accounting pronouncements: In March 2020, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2020-03, Codification Improvements to Financial Instruments (“ASU 2020-03”). ASU 2020-03 improves and clarifies various financial instruments topics, including the current expected credit losses (CECL) standard issued in 2016. ASU 2020-03 includes seven different issues that describe the areas of improvement and the related amendments to GAAP that are intended to make the standards easier to understand and apply by eliminating inconsistencies and providing clarifications. The amendments have different effective dates. Management is currently evaluating the effect of adopting this new accounting guidance but does not expect adoption will have a material impact on the Fund’s financial statements and disclosures.   In June 2016, the FASB issued Accounting Standards Update 2016‑13, Financial Instruments — Credit Losses (Topic 326) (“ASU 2016‑13”). The main objective of this Update is to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date. To achieve this objective, the amendments in this Update replace the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. The amendments affect entities holding financial assets and equipment under operating leases that are not accounted for at fair value through net income. The amendments affect loans, debt securities, trade receivables, equipment under operating leases, off-balance-sheet credit exposures, reinsurance receivables, and any other financial assets not excluded from the scope that have the contractual right to receive cash. Management is currently evaluating the standard and expects the update may potentially result in the increase in the allowance for credit losses given the change to estimated losses over the contractual life adjusted for expected prepayments. In November 2018, the FASB issued Accounting Standards Update 2018-19, Codification Improvements to Topic 326, Financial Instruments — Credit Losses (“ASU 2018-19”). The new standard clarifies certain aspects of the new CECL impairment model in ASU 2016-13. The amendment clarifies that receivables arising from operating leases are within the scope of ASC 842, rather than ASC 326. Management is currently evaluating the impact of the standard on the financial statements and related disclosure requirements. On August 15, 2019, the FASB issued a proposed ASU that would grant certain companies additional time to implement FASB standards on CECL and hedging. The proposed ASU defers the effective date for CECL to fiscal periods beginning after December 15, 2022, including interim periods within those fiscal years; and defers the effective dates for hedging to fiscal periods beginning after December 15, 2020, and interim periods within fiscal years beginning after December 15, 2021. The ASU was approved on October 16, 2019. In February 2020, the FASB issued ASU 2020-02 and delayed the effective date of Topic 326 until fiscal year beginning after December 15, 2022.   In August 2018, the FASB issued Accounting Standards Update 2018-13, Fair Value Measurement (“ASU 2018-13”), which amends the disclosure requirements on fair value measurements in Topic 820, Fair Value Measurement. This ASU modifies disclosure requirements for fair value measurements by removing, modifying or adding certain disclosures. The amendments in this Update are effective for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. The amendments on changes in unrealized gains and losses, the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements, and the narrative description of measurement uncertainty should be applied prospectively for only the most recent interim or annual period presented in the initial fiscal year of adoption. All other amendments should be applied retrospectively to all periods presented upon their effective date. The Fund adopted ASU 2018-13 on January 1, 2020. Such adoption did not have a significant impact on the Fund’s financial statements and related disclosure requirements.   <div /></div> </div>

-35000

67000

-97000

-86000

<div> <div> <a name="_Hlk36031752"></a><a name="_Hlk36030604"></a><a name="END_OF_ITEM8_2019_and_2018"></a>9.  Global health emergency: On January 30, 2020, the World Health Organization declared the novel coronavirus outbreak a public health emergency. The Fund’s operations is located in California, which has restricted gatherings of people due to the coronavirus outbreak. At present, the Fund’s operations have not been adversely affected and continues to function effectively. Due to the dynamic nature of these unprecedented circumstances and possible business disruption, the Fund will continue to monitor the situation closely, but given the uncertainty about the situation, an estimate of the future impact, if any, cannot be made at this time. <div /></div> </div>

27000

38.64

11.95

1.1444

0.0199

16.07

0.02

0.99

0.3221

0.0159

0.11

0.34

7.31

0.4797

0.0182

0.66

25.76

11.45

2.0561

0.0158

16.95

0.02

0.49

0.2990

0.0017

0.01

0.34

6.86

0.5053

0.0051

0.60

EX-101.SCH 7 atel-20200630.xsd EX-101.SCH 00100 - Statement - Balance Sheets link:presentationLink link:calculationLink link:definitionLink 00200 - Statement - Statements of Income link:presentationLink link:calculationLink link:definitionLink 00200 - Statement - Statements of Income Alt Calculation link:presentationLink link:calculationLink link:definitionLink 00400 - Statement - Statements of Cash Flows link:presentationLink link:calculationLink link:definitionLink 40302 - Disclosure - Notes Receivable, Net (Minimum Future Payments Receivable) (Details) link:presentationLink link:calculationLink link:definitionLink 40405 - Disclosure - Allowance for Credit Losses (Net Investment in Financing Receivables by Age) (Details) link:presentationLink link:calculationLink link:definitionLink 40501 - Disclosure - Related Party Transactions (Managing Member and/or Affiliates Earned Commissions and Billed for Reimbursements Pursuant to Operating Agreement (Details) link:presentationLink link:calculationLink link:definitionLink 00090 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 00300 - Statement - Statements of Changes in Members' Capital link:presentationLink link:calculationLink link:definitionLink 00301 - Statement - Statements of Changes in Members' Capital (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 10101 - Disclosure - Organization and Limited Liability Company Matters link:presentationLink link:calculationLink link:definitionLink 10201 - Disclosure - Summary of Significant Accounting Policies link:presentationLink link:calculationLink link:definitionLink 10301 - Disclosure - Notes Receivable, Net link:presentationLink link:calculationLink link:definitionLink 10401 - Disclosure - Allowance for Credit Losses link:presentationLink link:calculationLink link:definitionLink 10501 - Disclosure - Related Party Transactions link:presentationLink link:calculationLink link:definitionLink 10601 - Disclosure - Commitments link:presentationLink link:calculationLink link:definitionLink 10701 - Disclosure - Members' Capital link:presentationLink link:calculationLink link:definitionLink 10801 - Disclosure - Fair Value Measurements link:presentationLink link:calculationLink link:definitionLink 10901 - Disclosure - Global Health Emergency link:presentationLink link:calculationLink link:definitionLink 20201 - Disclosure - Summary of Significant Accounting Policies (Policy) link:presentationLink link:calculationLink link:definitionLink 30301 - Disclosure - Notes Receivable, Net (Tables) link:presentationLink link:calculationLink link:definitionLink 30401 - Disclosure - Allowance for Credit Losses (Tables) link:presentationLink link:calculationLink link:definitionLink 30501 - Disclosure - Related Party Transactions (Tables) link:presentationLink link:calculationLink link:definitionLink 30701 - Disclosure - Members' Capital (Tables) link:presentationLink link:calculationLink link:definitionLink 30801 - Disclosure - Fair Value Measurements (Tables) link:presentationLink link:calculationLink link:definitionLink 40101 - Disclosure - Organization and Limited Liability Company Matters (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 40201 - Disclosure - Summary of Significant Accounting Policies (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 40301 - Disclosure - Notes Receivable, Net (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 40401 - Disclosure - Allowance for Credit Losses (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 40402 - Disclosure - Allowance for Credit Losses (Activity in Allowance for Credit Losses) (Details) link:presentationLink link:calculationLink link:definitionLink 40403 - Disclosure - Allowance for Credit Losses (Recorded Investment in Financing Receivables) (Details) link:presentationLink link:calculationLink link:definitionLink 40404 - Disclosure - Allowance for Credit Losses (Financing Receivables by Credit Quality Indicator and by Class) (Details) link:presentationLink link:calculationLink link:definitionLink 40601 - Disclosure - Commitments (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 40701 - Disclosure - Members' Capital (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 40702 - Disclosure - Members' Capital (Distributions to Other Members) (Details) link:presentationLink link:calculationLink link:definitionLink 40801 - Disclosure - Fair Value Measurements (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 40802 - Disclosure - Fair Value Measurements (Fair Value, Warrants Measured on Recurring Basis) (Details) link:presentationLink link:calculationLink link:definitionLink 40803 - Disclosure - Fair Value Measurements (Fair Value, Investment Securities Measured on Recurring Basis) (Details) link:presentationLink link:calculationLink link:definitionLink 40804 - Disclosure - Fair Value Measurements (Summary of Valuation Techniques and Significant Unobservable Inputs Used) (Details) link:presentationLink link:calculationLink link:definitionLink 40805 - Disclosure - Fair Value Measurements (Estimated Fair Values of Financial Instruments) (Details) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 8 atel-20200630_cal.xml EX-101.CAL EX-101.DEF 9 atel-20200630_def.xml EX-101.DEF EX-101.LAB 10 atel-20200630_lab.xml EX-101.LAB Document And Entity Information [Abstract] Document and Entity Information [Abstract] Statement [Table] Statement [Table] Statement [Line Items] Statement [Line Items] Document Type Document Type Entity Registrant Name Entity Registrant Name Document Period End Date Document Period End Date Document Fiscal Year Focus Document Fiscal Year Focus Document Fiscal Period Focus Document Fiscal Period Focus Entity Current Reporting Status Entity Current Reporting Status Entity Interactive Data Current Entity Filer Category Entity Filer Category Entity Small Business Smaller reporting company Entity Emerging Growth Company Entity Shell Company Entity Central Index Key Entity Central Index Key Current Fiscal Year End Date Current Fiscal Year End Date Amendment Flag Amendment Flag Entity Common Stock Shares Outstanding Entity Units Outstanding Balance Sheets [Abstract] Assets [Abstract] ASSETS Cash And Cash Equivalents At Carrying Value Cash and cash equivalents at end of period Cash and cash equivalents at beginning of period Cash and cash equivalents Accounts And Notes Receivable Net Accounts receivable Notes Receivable Net Notes receivable, net Notes receivable, net Investments Investment in securities Investment in securities Derivative Fair Value Of Derivative Net Fair value of warrants at end of period Fair value of warrants at beginning of period Warrants Warrants, fair value Prepaid expenses and other assets Assets Total assets LIABILITIES AND MEMBERS' CAPITAL Accounts Payable And Accrued Liabilities Current And Noncurrent [Abstract] Accounts payable and accrued liabilities: Accounts Payable Related Parties Current And Noncurrent Due to Managing Member and affiliates Carrying value as of the balance sheet date of distributions declared but unpaid. Such distributions represent a return of and/or return on members/partners capital investment. Distributions Payable Current And Noncurrent Accrued distributions to Other Members Other Accounts Payable And Accrued Liabilities Other Liabilities Total liabilities Commitments And Contingencies Commitments and contingencies Members’ capital: Capital account balance of the Manager. The Manager is a member of a publicly traded limited liability company (LLC) who manages the Company. Managing Members Capital Account Managing Member The other members' ownership share in the capital account balance. The other members are members of a publicly traded limited liability company. Other members have limited liability and do not manage the Company. Other Members Capital Account Other Members Members Equity Ending Balance Beginning Balance Total Members’ capital Liabilities and Equity Total liabilities and Members’ capital Statements of Income [Abstract] Revenues [Abstract] Operating revenues: Interest And Dividend Income Operating Notes receivable interest income, net Proceeds from Sale of Notes Receivable Gain on early termination of notes receivable Gain on early termination of notes receivable Other Income Other Revenues Total operating revenues Operating Expenses [Abstract] Operating expenses: Asset Management Costs To Manager General Partner Asset management fees to Managing Member Administrative Fees Amount Paid Cost reimbursements to affiliates Administrative costs reimbursed to Managing Member and/or affiliates Provision for (Recovery of) Loan and Lease Losses. Provision For Recovery Of Loan And Lease Losses Provision for credit losses Fair value adjustments recorded on notes receivable Professional Fees Professional fees Outside services Expense Outside services Expense Outside services This line item represents franchise taxes and fees assessed by applicable state and local jurisdictions. Franchise Fees And Taxes Taxes on income and franchise fees Dues and subscriptions expenses Dues and subscriptions expenses Dues and subscriptions Debt Related Commitment Fees and Debt Issuance Costs Bank charges Noninterest Expense Printing And Fulfillment Printing and photocopying Other Cost And Expense Operating Other Operating Expenses Total operating expenses Operating Income (Loss) Net (loss) income from operations Other Nonoperating Income (Expense) [Abstract] Other income: Gain (Loss) on Sale of Securities, Net Gain on sales or dispositions of investment in securities Unrealized Gain (Loss) on Securities Unrealized gain on fair value adjustment for investment in securities Unrealized gain on fair value adjustment for investment in securities Unrealized gain (loss) on fair market valuation of securities Unrealized Gain (Loss) on Derivatives Unrealized loss on fair value adjustment for warrants Unrealized gain (loss) on fair value adjustment for warrants Unrealized (loss) gain on fair value adjustment for warrants Other Nonoperating Income (Expense) Total other income: Net Income Loss Net income Net income Net (loss) income Net Income Loss [Abstract] Net income (loss): Aggregate amount of net income allocated to managing members in a publicly traded limited liability company (LLC). Net Income Loss Allocated To Managing Members Managing Member Aggregate amount of net income allocated to other members in a publicly traded limited liability company (LLC). Other members have limited liability and do not manage the LLC. Net Income Loss Allocated To Other Members Other Members Net income (loss) allocated to each outstanding other member unit in a publicly traded limited liability company (LLC). Other members have limited liability and do not manage the company. Net Income Loss Per Outstanding Limited Liability Company Unit Net income (loss) per Limited Liability Company Unit (Other Members) Weighted average number of limited liability company units outstanding determined by relating the portion of time within a reporting period that limited liability company units have been outstanding to the total time in that period. Weighted Average Limited Liability Company Units Weighted average number of Units outstanding Weighted average number of Units outstanding Statements of Changes in Members' Capital [Abstract] Membership Capital by Type [Axis] Membership Capital by Type [Axis] Membership Capital by Type [Domain] Membership Capital By Type [Domain] Membership Capital by Type [Domain] Other Members Capital Other Members Capital [Member] Other Members [Member] Managing Members Capital Managing Members Capital [Member] Managing Member [Member] Other Members Capital Account Units Outstanding Ending Balance (in Units) Beginning Balance (in Units) Members capital account, Units outstanding Units outstanding Limited Partners Or Other Members Capital Account Distribution Amount Distributions to Other Members Distributions declared General Partners Or Managing Members Capital Account Distribution Amount General Partners Or Managing Members Capital Account Distribution Amount Distributions to Managing Member Distribution Made To Member Or Limited Partner Distributions Paid Per Unit Weighted average distributions per Unit Statement of Cash Flows [Abstract] Net Cash Provided By Used In Operating Activities [Abstract] Operating activities: Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities [Abstract] Adjustment to reconcile net income to cash used in operating activities: Fair Value Adjustment of Warrants Accretion of note discount - warrants The net gain or loss resulting from the sale, transfer, termination, or other disposition of lease equipment or notes receivable during the period. Gains Losses On Sales Or Disposition Of Assets Gain on sales or dispositions of investment in securities Increase Decrease In Operating Capital [Abstract] Changes in operating assets and liabilities: Increase (Decrease) in Due from Related Parties Due from affiliates Increase (Decrease) in Prepaid Expense and Other Assets Prepaid expenses and other assets Increase Decrease In Accounts Payable Related Parties Due to Managing Member and affiliates Increase Decrease In Other Accounts Payable Accounts payable, other Increase Decrease In Deferred Revenue Unearned fee income related to notes receivable Net Cash Provided By Used In Operating Activities Net cash used in operating activities Net Cash Provided By Used In Investing Activities [Abstract] Investing activities: Payments to Acquire Investments Purchase of securities Proceeds from early termination of notes receivable Proceeds From Early Termination Of Notes Receivable Proceeds from early termination of notes receivable Proceeds from Sale of Available-for-sale Securities Proceeds from sales or disposition of investment in securities Payments To Acquire Notes Receivable Notes receivable advances Proceeds From Collection Of Notes Receivable Principal payments received on notes receivable Net Cash Provided By Used In Investing Activities Net cash provided by investing activities Net Cash Provided By Used In Financing Activities [Abstract] Financing activities: Payments Of Capital Distribution Distributions to Members Net Cash Provided By Used In Financing Activities Net cash used in financing activities Cash And Cash Equivalents Period Increase Decrease Net (decrease) increase in cash and cash equivalents Cash Flow Noncash Investing And Financing Activities Disclosure [Abstract] Schedule of non-cash investing and financing transactions: Distributions declared but not paid. Distributions Declared But Not Paid Distributions payable to Members at period-end Conversion of warrants to equity securities Conversion of warrants to equity securities Organization and Limited Liability Company Matters [Abstract] Organization Consolidation And Presentation Of Financial Statements Disclosure [Text Block] Organization and Limited Liability Company Matters Summary of Significant Accounting Policies [Abstract] Significant Accounting Policies [Text Block] Summary of Significant Accounting Policies Notes Receivable, Net [Abstract] Loans Notes Trade And Other Receivables Disclosure [Text Block] Notes Receivable, Net Allowance for Credit Losses [Abstract] Allowance For Credit Losses [Text Block] Allowance for Credit Losses Related Party Transactions [Abstract] Related Party Transactions Disclosure [Text Block] Related Party Transactions Commitments [Abstract] Commitments Disclosure [Text Block] Commitments Members' Capital [Abstract] Members Capital Disclosure [Text Block] Members' Capital Fair Value Measurements [Abstract] Fair Value Disclosures [Text Block] Fair Value Measurements Global Health Emergency [Abstract] Unusual or Infrequent Items, or Both, Disclosure [Text Block] Global Health Emergency Basis Of Accounting Policy Policy [Text Block] Basis of presentation Cash and Cash Equivalents, Policy [Policy Text Block] Cash and cash equivalents Use Of Estimates Use of Estimates Accounts Receivable Allowance Policy [Text Block] Accounts Receivable Concentration Risk, Credit Risk, Policy [Policy Text Block] Credit risk Direct Financing Lease Revenue Recognition [Policy Text Block] Direct Financing Lease Revenue Recognition [Policy Text Block] Notes Receivable, Unearned Interest Income and Related Revenue Recognition Note Origination Costs [Policy Text Block] Note Origination Costs [Policy Text Block] Note Origination Costs Acquisition Related Costs Acquisition Related Costs [Policy Text Block] Acquisition Expense Segment Reporting Policy Policy [Text Block] Segment reporting Investment Policy [Text Block] Investment in Securities Earnings and Distributions Per Unit, Policy Earnings And Distributions Per Unit Policy [Text Block] Per Unit data Fair Value Measurement, Policy [Policy Text Block] Fair value New Accounting Pronouncements Policy Policy [Text Block] Recent accounting pronouncements Schedule of Accounts, Notes, Loans and Financing Receivable [Table] Accounts, Notes, Loans and Financing Receivable [Line Items] Schedule Of Financing Receivables Minimum Payments Table [Text Block] Minimum Future Payments Receivable Provision For Credit Losses. Provision For Credit Losses [Table Text Block] Activity in Allowance for Credit Losses Allowance for Credit Losses on Financing Receivables [Table Text Block] Recorded Investment in Financing Receivables Financing Receivable Credit Quality Indicators [Table Text Block] Financing Receivables by Credit Quality Indicator and by Class Past Due Financing Receivables [Table Text Block] Net Investment in Financing Receivables by Age Schedule of Related Party Transactions [Table Text Block] Affiliates Earned Commissions and Billed for Reimbursements Pursuant to Operating Agreement Schedule Of Distributions Made To Members Or Limited Partners By Distribution [Text Block] Distributions to Other Members Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Table Text Block] Fair Value, Warrants Measured on Recurring Basis Fair Value, Assets Measured on Recurring Basis [Table Text Block] Fair Value, Investment Securities Measured on Recurring Basis Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Table Text Block] Summary of Valuation Techniques and Significant Unobservable Inputs Fair Value By Balance Sheet Grouping [Text Block] Estimated Fair Values of Financial Instruments Range [Axis] Range [Member] Range [Domain] Minimum [Member] Minimum [Member] Limited Liability Company or Limited Partnership, Business Activities and Description Business activities, description Limited Liability Company or Limited Partnership, Business, Formation Date Business formation date Limited Liability Company or Limited Partnership, Business, Formation State Business formation State Capital Contributions, Initial Capital Contributions Initial Contributions of capital, initial Total units issued during the year to the sale of units. All members include the managing and other members. Members Capital Account Units Sale Of Units Sale of Limited Liability Company Units, number of units The cash inflow from the issuance of Limited Liability Company units during the period. Proceeds From Issuance Of Limited Liability Company Units Proceeds from the sale of Limited Liability Company Units Proceeds from Sale of Equity Units. Proceeds from Sale of Equity Units Contributions received, net of rescissions and/or redemptions Proceeds from Contributed Capital Capital contribution Other Members Capital Account Units Issued Members capital account, Units issued Units issued Reinvestment Period Reinvestment Period Reinvestment period Summary Of Significant Accounting Policies [Table] Summary Of Significant Accounting Policies [Table] Summary Of Significant Accounting Policies [Table] Maximum [Member] Maximum [Member] Statement Geographical [Axis] Segment Geographical [Domain] Segment, Geographical [Domain] North America [Member] North America [Member] Concentration Risk Benchmark [Axis] Concentration Risk Benchmark [Domain] Concentration Risk Benchmark [Domain] Sales Revenue Net [Member] Operating Revenue [Member] Summary Of Significant Accounting Policies [Line Items] Summary Of Significant Accounting Policies [Line Items] Summary Of Significant Accounting Policies [Line Items] Treasury Instruments Maturity Period Treasury Instruments Maturity Period U.S. Treasury instruments maturity period Required assets value of financial institutions for cash deposits. Required assets value of financial institutions for cash deposits Required assets value of financial institutions for cash deposits Cash, FDIC Insured Amount Cash deposits, insured amount Note receivable, period for non accrual status Note receivable, period for non accrual status Note receivables, period for non accrual status Note And Borrower Period Of Review For Impairment. Note And Borrower Period Of Review For Impairment Notes receivable, period of review for impairment Number Of Operating Segments Number of operating segments Number Of Reportable Segments Number of reportable segments Accounts Receivable Period For Non Accrual Status. Accounts Receivable Period For Non Accrual Status Accounts receivable, period for non-accrual status Accounts Receivable And Lessee Or Borrower Period Of Review For Impairment Accounts Receivable And Lessee Or Borrower Period Of Review For Impairment Accounts receivable, period for review of impairment Gain (Loss) on Sale of Derivatives Realized gain (loss) on exercise of warrants Schedule Of Financing Receivables Past Due [Table] Schedule of Financing Receivables Past Due [Table] Financing Receivable Recorded Investment Past Due [Line Items] Financing Receivable, Recorded Investment, Past Due [Line Items] Financing Receivable, Modifications, Number of Contracts Number of notes receivables on non-accrual status Notes receivable term. Notes Receivable Term Terms of the notes receivable Notes Receivable Interest Rate Notes Receivable Interest Rate Notes receivable, interest rate Notes receivable, maturity date, description Notes receivable, maturity date, description Notes receivable, maturity date, description Notes receivables minimum payments due remainder of current Fiscal year. Notes Receivables Minimum Payments Due Remainder of Current Fiscal Year Six months ending December 31, 2020 Notes receivables, minimum payments due in year two. Notes Receivables Minimum Payments Due In Year Two Year ending December 31, 2021 Notes Receivable Gross Notes receivable, gross Deferred Revenue Less: portion representing unearned interest income, net Notes Receivable Before Unamortized Initial Direct Costs Notes Receivable Before Unamortized Initial Direct Costs Notes receivable Unamortized discount on warrants received. Unamortized discount on warrants received Unamortized discount on warrants received Allowance for Credit Losses. Allowance For Credit Losses Ending Balance Beginning Balance Allowance for credit losses EX-101.PRE 11 atel-20200630_pre.xml EX-101.PRE XML 12 R1.htm IDEA: XBRL DOCUMENT

Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2020	Jul. 31, 2020
Document and Entity Information [Abstract]
Document Type	10-Q
Entity Registrant Name	ATEL GROWTH CAPITAL FUND 8, LLC
Document Period End Date	Jun. 30, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q2
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Smaller reporting company	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0001537069
Current Fiscal Year End Date	--12-31
Amendment Flag	false
Entity Units Outstanding		1,612,396

XML 13 R2.htm IDEA: XBRL DOCUMENT

Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
ASSETS
Cash and cash equivalents	$ 25	$ 70
Accounts receivable	11	11
Notes receivable, net	242	514
Investment in securities	572	314
Warrants, fair value	491	588
Prepaid expenses and other assets	2	4
Total assets	1,343	1,501
Accounts payable and accrued liabilities:
Due to Managing Member and affiliates	26	14
Accrued distributions to Other Members		99
Other	2	6
Total liabilities	28	119
Commitments and contingencies
Members’ capital:
Managing Member
Other Members	1,315	1,382
Total Members’ capital	1,315	1,382
Total liabilities and Members’ capital	$ 1,343	$ 1,501

XML 14 R3.htm IDEA: XBRL DOCUMENT

Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Statements of Income - USD ($) $ in Thousands	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Operating revenues:
Notes receivable interest income, net	$ 14	$ 81	$ 33	$ 185
Gain on early termination of notes receivable		4		52
Other		1		2
Total operating revenues	14	86	33	239
Operating expenses:
Asset management fees to Managing Member	2	9	6	18
Cost reimbursements to affiliates	17	38	40	74
Provision for credit losses		14		27
Professional fees	43	25	69	58
Outside services	11	12	18	34
Taxes on income and franchise fees	1		1	1
Dues and subscriptions	4		8
Bank charges	6	3	14	8
Printing and photocopying	1	1	2	4
Other		5	8	11
Total operating expenses	85	107	166	235
Net (loss) income from operations	(71)	(21)	(133)	4
Other income:
Gain on sales or dispositions of investment in securities	0		0	161
Unrealized gain on fair value adjustment for investment in securities	219	4	251	4
Unrealized (loss) gain on fair value adjustment for warrants	(86)	67	(97)	(35)
Total other income:	133	71	154	130
Net income	62	50	21	134
Net income (loss):
Managing Member		60	7	120
Other Members	62	(10)	14	14
Net income	$ 62	$ 50	$ 21	$ 134
Net income (loss) per Limited Liability Company Unit (Other Members)	$ 0.04	$ (0.01)	$ 0.01	$ 0.01
Weighted average number of Units outstanding	1,612,396	1,612,396	1,612,396	1,612,396

XML 15 R4.htm IDEA: XBRL DOCUMENT

Statements of Changes in Members' Capital - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Beginning Balance	$ 1,253	$ 2,553	$ 1,382	$ 2,973
Distributions to Other Members		(444)	(81)	(888)
Distributions to Managing Member		(60)	(7)	(120)
Net (loss) income	62	50	21	134
Ending Balance	$ 1,315	$ 2,099	$ 1,315	$ 2,099
Other Members [Member]
Beginning Balance (in Units)	1,612,396	1,612,396	1,612,396	1,612,396
Beginning Balance	$ 1,253	$ 2,553	$ 1,382	$ 2,973
Distributions to Other Members		(444)	(81)	(888)
Net (loss) income	$ 62	$ (10)	$ 14	$ 14
Ending Balance (in Units)	1,612,396	1,612,396	1,612,396	1,612,396
Ending Balance	$ 1,315	$ 2,099	$ 1,315	$ 2,099
Managing Member [Member]
Distributions to Managing Member		(60)	(7)	(120)
Net (loss) income		$ 60	$ 7	$ 120

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

XML 16 R5.htm IDEA: XBRL DOCUMENT

Statements of Changes in Members' Capital (Parenthetical) - $ / shares	3 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Other Members [Member]
Weighted average distributions per Unit	$ 0.28	$ 0.05	$ 0.55

XML 17 R6.htm IDEA: XBRL DOCUMENT

Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
Statements of Cash Flows - USD ($) $ in Thousands	Jun. 30, 2020	Jun. 30, 2019
Operating activities:
Net income	$ 21	$ 134
Adjustment to reconcile net income to cash used in operating activities:
Accretion of note discount - warrants	(13)	(29)
Gain on early termination of notes receivable		(52)
Gain on sales or dispositions of investment in securities		(161)
Provision for credit losses		27
Unrealized gain on fair value adjustment for investment in securities	(251)	(4)
Unrealized loss on fair value adjustment for warrants	97	35
Changes in operating assets and liabilities:
Due from affiliates		(58)
Prepaid expenses and other assets	2	3
Due to Managing Member and affiliates	23	(22)
Accounts payable, other	(4)	1
Unearned fee income related to notes receivable	(21)	(2)
Net cash used in operating activities	(146)	(128)
Investing activities:
Purchase of securities	(7)
Proceeds from early termination of notes receivable		473
Proceeds from sales or disposition of investment in securities		161
Notes receivable advances		(26)
Principal payments received on notes receivable	306	736
Net cash provided by investing activities	299	1,344
Financing activities:
Net cash used in financing activities	(198)	(986)
Net (decrease) increase in cash and cash equivalents	(45)	230
Cash and cash equivalents at beginning of period	70	214
Cash and cash equivalents at end of period	25	444
Schedule of non-cash investing and financing transactions:
Conversion of warrants to equity securities		140
Other Members [Member]
Operating activities:
Net income	14	14
Financing activities:
Distributions to Members	(180)	(888)
Schedule of non-cash investing and financing transactions:
Distributions payable to Members at period-end		249
Managing Member [Member]
Operating activities:
Net income	7	120
Financing activities:
Distributions to Members	$ (18)	(98)
Schedule of non-cash investing and financing transactions:
Distributions payable to Members at period-end		$ 27

XML 18 R7.htm IDEA: XBRL DOCUMENT

Organization and Limited Liability Company Matters	6 Months Ended
Organization and Limited Liability Company Matters	Jun. 30, 2020
Organization and Limited Liability Company Matters [Abstract]
Organization and Limited Liability Company Matters	1. Organization and Limited Liability Company matters: ATEL Growth Capital Fund 8, LLC (the “Company” or the “Fund”) was formed under the laws of the state of California on December 8, 2011 for the purpose of providing financing for the acquisition of equipment and other goods and services used by emerging growth companies and established privately held companies without publicly traded securities, and for providing other forms of financing for, and to acquire equity interests and warrants and rights to purchase equity interests in such companies. The Fund may continue until it is terminated in accordance with the ATEL Growth Capital Fund 8, LLC limited liability company operating agreement dated December 13, 2011 (the “Operating Agreement”). The Managing Member of the Company is AGC Managing Member, LLC (the “Managing Member” or “Manager”), the renamed AGC 8 Managing Member, LLC which was formed in December 2011 as a Nevada limited liability company. Such name change is the result of an amendment to the articles of incorporation filed with the State of Nevada effective March 18, 2014. Contributions in the amount of $500 were received as of December 31, 2011, which represented the initial Member’s capital investment. As a limited liability company, the liability of any individual member for the obligations of the Fund is limited to the extent of capital contributions to the Fund by the individual member. The offering of the Company was granted effectiveness by the Securities and Exchange Commission as of August 20, 2012. As of November 14, 2012, subscriptions for the minimum number of Units (120,000, representing $1.2 million), excluding subscriptions from Pennsylvania investors, had been received and the Fund requested subscription proceeds to be released from escrow. On that date, the Company commenced initial operations. Pennsylvania subscriptions were subject to a separate escrow and were released to the Fund only at such time as total subscription proceeds received by the Fund from all subscribers, including the escrowed Pennsylvania subscriptions, equal to not less than $3.75 million in gross proceeds. Total contributions to the Fund exceeded $3.75 million on March 13, 2013, at which time a request was processed to release the Pennsylvania escrowed amounts. The offering was terminated on August 20, 2014. As of June 30, 2020, cumulative contributions, net of rescissions and related distributions paid, totaling $16.2 million (inclusive of the $500 initial Member’s capital investment) have been received. As of such date, a total of 1,612,396 Units were issued and outstanding. The Company’s principal objectives are to invest in a diversified portfolio of investments that will (i) preserve, protect and return the Company’s invested capital; (ii) generate regular cash distributions to Unitholders, with any balance remaining after required minimum distributions to be used to purchase additional investments during the Reinvestment Period (ending six calendar years after the completion of the Company’s public offering of Units), (iii) provide additional distributions to Unitholders from any proceeds from sales of Equity interests and (iv) provide total cash distributions to Unitholders equal to a desirable rate of return on their investment capital. The Company is governed by the Operating agreement. Pursuant to the terms of the Operating Agreement, the Managing Member and/or its affiliates receives compensation for services rendered and reimbursements for costs incurred on behalf of the Company (Note 5). The Company is required to maintain reasonable cash reserves for working capital, the repurchase of Units and contingencies. The repurchase of Units is solely at the discretion of the Managing Member. These unaudited interim financial statements should be read in conjunction with the financial statements and notes thereto contained in the report on Form 10-K for the year ended December 31, 2019, filed with the Securities and Exchange Commission.

XML 19 R8.htm IDEA: XBRL DOCUMENT

Summary of Significant Accounting Policies	6 Months Ended
Summary of Significant Accounting Policies	Jun. 30, 2020
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of significant accounting policies: Basis of presentation: The accompanying unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States (‘‘GAAP’’) for interim financial information and with the instructions to Form 10-Q as mandated by the Securities and Exchange Commission. The unaudited interim financial statements reflect all adjustments which are, in the opinion of the Managing Member, necessary for a fair statement of financial position and results of operations for the interim periods presented. All such adjustments are of a normal recurring nature. Operating results for the three and six months ended June 30, 2020 are not necessarily indicative of the results to be expected for the full year. Footnote and tabular amounts are presented in thousands, except as to Units and per Unit data. In preparing the accompanying financial statements, the Company has reviewed, as determined necessary by the Managing Member, events that have occurred after June 30, 2020, up until the issuance of the financial statements. No events were noted which would require disclosure in the footnotes to the financial statements. Cash and cash equivalents: Cash and cash equivalents include cash in banks and cash equivalent investments such as U.S. Treasury instruments with original and/or purchased maturities of ninety days or less. Use of Estimates: The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from the estimates. Such estimates primarily relate to the determination of credit losses on notes receivable and the fair valuation of equity securities and warrants. Accounts receivable: Accounts receivable represent the amounts billed under notes receivable which are currently due to the Company. Allowances for credit losses are typically established based on historical charge off and collection experience and the collectability of specifically identified borrowers, and invoiced amounts. Accounts receivable deemed uncollectible are generally charged off against the allowance on a specific identification basis. Recoveries of amounts that were previously written-off are recorded as other income in the period received. Credit risk: Financial instruments that potentially subject the Company to concentrations of credit risk include cash and cash equivalents, notes receivable and accounts receivable. The Company places the majority of its cash deposits in noninterest-bearing accounts with financial institutions that have no less than $10 billion in assets. Such deposits are insured up to $250 thousand. The remainder of the Funds’ cash is temporarily invested in U.S. Treasury instruments. The concentration of such deposits and temporary cash investments is not deemed to create a significant risk to the Company. Accounts and notes receivable represent amounts due from borrowers in various industries related to equipment financed through notes receivable. Notes receivable, unearned interest income and related revenue recognition: The Company records all future payments of principal and interest on notes as notes receivable, which are then offset by the amount of any related unearned interest income. For financial statement purposes, the Company reports the net investment in the notes on the balance sheet. Such net investment is comprised of the amount advanced on the loans, adjusting for net deferred loan fees or costs incurred at origination, amounts allocated to warrants received upon origination, and any payments received in advance. The unearned interest is recognized over the term of the notes and the income portion of each note payment is calculated so as to generate a constant rate of return on the net balance outstanding. Net deferred loan fees or costs, together with discounts recognized in connection with warrants acquired at origination, are accreted as an adjustment to yield over the term of the loan. Allowances for losses on notes receivable are typically established based on historical charge off and collection experience and the collectability of specifically identified borrowers and billed and unbilled receivables. Notes are considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal and/or interest when due according to the contractual terms of the note agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. If it is determined that a loan is impaired with regard to scheduled payments, the Company will perform an analysis of the note to determine if an impairment valuation reserve is necessary. This analysis considers the estimated cash flows from the note, or the collateral value of the property underlying the note when note repayment is collateral dependent. Any required valuation reserve is charged to earnings when determined; and notes are charged off to the allowance as they are deemed uncollectible. Notes receivable are generally placed in a non-accrual status (i.e., no revenue is recognized) when payments are more than 90 days past due. Additionally, management periodically reviews the creditworthiness of companies with note payments outstanding less than 90 days. Based upon management’s judgment, the related notes may be placed on non-accrual status. Notes placed on non-accrual status are only returned to an accrual status when the account has been brought current and management believes recovery of the remaining unpaid receivable is probable. Until such time, all payments received are applied only against outstanding principal balances. Note origination costs: The Company capitalizes note origination costs and deferred loan fees associated with the origination and funding of investments in notes receivable. Costs incurred include both internal costs (e.g., the costs of employees’ activities in connection with successful loan originations) and any external broker fees incurred with such originations. These costs are amortized on a note by note basis over the actual contract term using the effective interest rate method. Upon termination of the underlying notes receivable, any of the remaining net note origination fees or costs are relieved. Likewise, the accumulated amortization related to the deferred costs is relieved. Costs related to notes receivable that are not consummated are not eligible for capitalization as note origination costs and are expensed as acquisition expense in the period of expenditure. Acquisition expense: Acquisition expense represents costs which include, but are not limited to, legal fees and expenses, travel and communication expenses, cost of appraisals, accounting fees and expenses and miscellaneous expenses related to the selection and acquisition or financing of equipment and equity investment transactions which were not consummated. Such costs are reimbursable to the Managing Member under the terms of the Operating Agreement. As the costs are not eligible for capitalization as note origination costs, such amounts are expensed as incurred. Segment reporting: The Company is organized into one operating segment for the purpose of making operating decisions or assessing performance. Accordingly, the Company operates in one reportable operating segment in the United States. The Company’s principal decision makers are the Managing Member’s Chief Executive Officer and its Chief Financial Officer and Chief Operating Officer. The Company believes that its financing business operates as one reportable segment because: a) the Company measures profit and loss at the portfolio assets level as a whole; b) the principal decision makers do not review information based on any operating segment other than the equipment financing transaction portfolio; c) the Company does not maintain discrete financial information on any specific segment other than its equipment financing operations; d) the Company has not chosen to organize its business around different products and services other than equipment financing; and e) the Company has not chosen to organize its business around geographic areas. The primary geographic region in which the Company seeks financing opportunities is North America. All of the Company’s current operating revenues for the respective three and six months ended June 30, 2020 and 2019, and long-lived tangible assets as of June 30, 2020 and December 31, 2019 relate to customers domiciled in the United States. Investment in securities: From time to time, the Company may purchase securities of its borrowers or receive warrants in connection with its lending arrangements. Purchased securities The Company’s purchased securities registered for public sale with readily determinable fair values are measured at fair value with any changes in fair value recognized in the Company’s results of operations. The Company’s purchased securities not registered for public sale that do not have readily determinable fair values are measured at cost minus impairment, and adjusted for changes in observable prices. Factors considered by the Managing Member in determining fair value include, but are not limited to, available financial information, the issuer’s ability to meet its current obligations and indications of the issuer’s subsequent ability to raise capital. As of June 30, 2020 and December 31, 2019, investments in equity securities totaled $572 thousand and $314 thousand, respectively. For the respective three months ended June 30, 2020 and 2019, the Company recorded $219 thousand and $4 thousand of unrealized gains on investment securities with readily determinable fair values. For the respective six months ended June 30, 2020 and 2019, the Company recorded unrealized gains of $251 thousand and unrealized losses of $31 thousand on such securities. In addition, during the six months ended June 30, 2020 and 2019, the Company recorded $36 thousand and $35 thousand of unrealized gains on investment securities that do not have readily determinable fair values based on changes in observable prices. All of such unrealized gains were recorded during the first quarters of 2020 and 2019. There were no such fair value adjustments recorded during the current quarter and three and six-month periods ended June 30, 2019. Cumulatively, a total of $52 thousand was recorded to increase the value of such investment securities held at June 30, 2020 based on changes in observable prices. Also, during the six months ended June 30, 2019, the Company recorded $161 thousand of realized gains on sales of investment securities, all of which were recorded during the first quarter of 2019. There were no sales or dispositions of investment securities during the three and six months ended June 30, 2020. Warrants Warrants owned by the Company are not registered for public sale, but are considered derivatives and are reflected at an estimated fair value on the balance sheet as determined by the Managing Member. At June 30, 2020 and December 31, 2019, the Managing Member estimated the fair value of warrants to be $491 thousand and $588 thousand, respectively. During the respective three months ended June 30, 2020 and 2019, the Company recorded $86 thousand of unrealized losses and $67 thousand of unrealized gains on the fair valuation of its warrants. During the respective six months ended June 30, 2020 and 2019, unrealized losses of $97 thousand and $35 thousand were recorded. Additionally, there was a net exercise of warrants in exchange for equity securities of $140 thousand during the six months ended June 30, 2019, all of which occurred during the first quarter of 2019. There were no such exercises of any kind during the three and six months ended June 30, 2020. Per Unit data: Net income (loss) per Unit is based upon the weighted average number of Other Members Units outstanding during the period. Fair Value: Fair value measurements and disclosures are based on a fair value hierarchy as determined by significant inputs used to measure fair value. The three and six levels of inputs within the fair value hierarchy are defined as follows: Level 1 — Quoted prices in active markets for identical assets or liabilities. An active market for the asset or liability is a market in which transactions for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis. Level 2 — Quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuations in which all significant inputs are observable in the market. Level 3 — Valuation is modeled using significant inputs that are unobservable in the market. These unobservable inputs reflect the Company’s own estimates of assumptions that market participants would use in pricing the asset or liability. The Company’s valuation policy is determined by members of the Asset Management, Credit and Accounting departments. Whenever possible, the policy is to obtain quoted market prices in active markets to estimate fair values for recognition and disclosure purposes. Where quoted market prices in active markets are not available, fair values are estimated using discounted cash flow analyses, broker quotes and third party appraisals of collateral and/or other valuation techniques. These techniques are significantly affected by certain of the Company’s assumptions, including discount rates and estimates of future cash flows. Potential taxes and other transaction costs are not considered in estimating fair values. As the Company is responsible for determining fair value, an analysis is performed on prices obtained from third parties. Such analysis is performed by asset management and credit department personnel who are familiar with the Company’s investments in notes receivable and equity securities of venture companies. The analysis may include a periodic review of price fluctuations and validation of numbers obtained from a specific third party by reference to multiple representative sources. Recent accounting pronouncements: In March 2020, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2020-03, Codification Improvements to Financial Instruments (“ASU 2020-03”). ASU 2020-03 improves and clarifies various financial instruments topics, including the current expected credit losses (CECL) standard issued in 2016. ASU 2020-03 includes seven different issues that describe the areas of improvement and the related amendments to GAAP that are intended to make the standards easier to understand and apply by eliminating inconsistencies and providing clarifications. The amendments have different effective dates. Management is currently evaluating the effect of adopting this new accounting guidance but does not expect adoption will have a material impact on the Fund’s financial statements and disclosures. In June 2016, the FASB issued Accounting Standards Update 2016‑13, Financial Instruments — Credit Losses (Topic 326) (“ASU 2016‑13”). The main objective of this Update is to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date. To achieve this objective, the amendments in this Update replace the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. The amendments affect entities holding financial assets and equipment under operating leases that are not accounted for at fair value through net income. The amendments affect loans, debt securities, trade receivables, equipment under operating leases, off-balance-sheet credit exposures, reinsurance receivables, and any other financial assets not excluded from the scope that have the contractual right to receive cash. Management is currently evaluating the standard and expects the update may potentially result in the increase in the allowance for credit losses given the change to estimated losses over the contractual life adjusted for expected prepayments. In November 2018, the FASB issued Accounting Standards Update 2018-19, Codification Improvements to Topic 326, Financial Instruments — Credit Losses (“ASU 2018-19”). The new standard clarifies certain aspects of the new CECL impairment model in ASU 2016-13. The amendment clarifies that receivables arising from operating leases are within the scope of ASC 842, rather than ASC 326. Management is currently evaluating the impact of the standard on the financial statements and related disclosure requirements. On August 15, 2019, the FASB issued a proposed ASU that would grant certain companies additional time to implement FASB standards on CECL and hedging. The proposed ASU defers the effective date for CECL to fiscal periods beginning after December 15, 2022, including interim periods within those fiscal years; and defers the effective dates for hedging to fiscal periods beginning after December 15, 2020, and interim periods within fiscal years beginning after December 15, 2021. The ASU was approved on October 16, 2019. In February 2020, the FASB issued ASU 2020-02 and delayed the effective date of Topic 326 until fiscal year beginning after December 15, 2022. In August 2018, the FASB issued Accounting Standards Update 2018-13, Fair Value Measurement (“ASU 2018-13”), which amends the disclosure requirements on fair value measurements in Topic 820, Fair Value Measurement. This ASU modifies disclosure requirements for fair value measurements by removing, modifying or adding certain disclosures. The amendments in this Update are effective for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. The amendments on changes in unrealized gains and losses, the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements, and the narrative description of measurement uncertainty should be applied prospectively for only the most recent interim or annual period presented in the initial fiscal year of adoption. All other amendments should be applied retrospectively to all periods presented upon their effective date. The Fund adopted ASU 2018-13 on January 1, 2020. Such adoption did not have a significant impact on the Fund’s financial statements and related disclosure requirements.

XML 20 R9.htm IDEA: XBRL DOCUMENT

Notes Receivable, Net

6 Months Ended

Jun. 30, 2020

Notes Receivable, Net [Abstract]

Notes Receivable, Net

3. Notes receivable, net:

At June 30, 2020 and December 31, 2019, the Company had no notes receivable on non-accrual status.

As of June 30, 2020, the minimum future payments receivable were as follows (in thousands):


Six months ending December 31, 2020	$	116
Year ending December 31, 2021		155
		271
Less: portion representing unearned interest income, net		(18)
		253
Unamortized discount on warrants received		(11)
Notes receivable, net	$	242

XML 21 R10.htm IDEA: XBRL DOCUMENT

Allowance for Credit Losses

6 Months Ended

Jun. 30, 2020

Allowance for Credit Losses [Abstract]

Allowance for Credit Losses

4. Allowance for credit losses:

The Company had no allowance for credit losses at June 30, 2020.

The Company’s allowance for credit losses at June 30, 2019 were as follows (in thousands):


	Valuation Adjustments -
	Notes Receivable
Balance December 31, 2018	$	133
Note receivable disposal		27
Write-off		(160)
Balance June 30, 2019	$	—

Allowance for Doubtful Accounts

Valuation Adjustments

In addition to the allowance established for delinquent accounts receivable, the total allowance also includes anticipated impairment charges on notes receivable.

The Company’s allowance for credit losses and its recorded investment in notes receivable as of June 30, 2020 and December 31, 2019 were as follows (in thousands):


	Notes Receivable
	June 30, 2020		December 31, 2019
Allowance for credit losses:
Ending balance	$	—	$	—
Ending balance: individually evaluated for impairment	$	—	$	—
Ending balance: collectively evaluated for impairment	$	—	$	—

Notes receivable:
Ending balance	$	242	$	514
Ending balance: individually evaluated for impairment	$	242	$	514
Ending balance: collectively evaluated for impairment	$	—	$	—

The Company evaluates the credit quality of its notes receivable on a scale equivalent to the following quality indicators related to corporate risk profiles:

Doubtful – Any account where the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. Accordingly, an account that is so classified is on the Manager’s Credit Watch List, and has been declared in default and the Manager has repossessed, or is attempting to repossess, the equipment it financed. This category includes impaired notes as applicable.

At June 30, 2020 and December 31, 2019, the Company’s notes receivable by credit quality indicator and by class of notes receivable were as follows (in thousands):


	Notes Receivable
	June 30, 2020		December 31, 2019
Pass	$	242	$	514
Doubtful		—		—
Total	$	242	$	514

As of June 30, 2020 and December 31, 2019, there were no impaired investments in notes receivable.

At June 30, 2020 and December 31, 2019, investment in notes receivable is aged as follows (in thousands):


													Recorded
					Greater						Total		Investment>90
	31‑60 Days		61‑90 Days		Than 90		Total				Notes		Days and
June 30, 2020	Past Due		Past Due		Days		Past Due		Current		Receivable		Accruing
Notes receivable	$	—	$	—	$	—	$	—	$	242	$	242	$	—


													Recorded
					Greater						Total		Investment>90
	31‑60 Days		61‑90 Days		Than 90		Total				Notes		Days and
December 31, 2019	Past Due		Past Due		Days		Past Due		Current		Receivable		Accruing
Notes receivable	$	—	$	—	$	—	$	—	$	514	$	514	$	—

XML 22 R11.htm IDEA: XBRL DOCUMENT

Related Party Transactions

6 Months Ended

Jun. 30, 2020

Related Party Transactions

5. Related party transactions:


	Three Months Ended				Six Months Ended
		June 30,			June 30,
	2020		2019		2020		2019
Administrative costs reimbursed to Managing Member and/or affiliates	$	17	$	38	$	40	$	74
Asset management fees to Managing Member		2		9		6		18
	$	19	$	47	$	46	$	92

XML 23 R12.htm IDEA: XBRL DOCUMENT

Commitments	6 Months Ended
Commitments	Jun. 30, 2020
Commitments [Abstract]
Commitments	6. Commitments: At June 30, 2020, there was no commitment to fund investments in notes receivable.

XML 24 R13.htm IDEA: XBRL DOCUMENT

Members' Capital

6 Months Ended

Jun. 30, 2020

Members' Capital [Abstract]

Members' Capital

7. Members’ Capital:

Distributions to the Other Members for June 30, 2020 and 2019 were as follows (in thousands, except as to Units and per Unit data):


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2020		2019		2020		2019
Distributions declared	$	—	$	444	$	81	$	888
Weighted average number of Units outstanding		1,612,396		1,612,396		1,612,396		1,612,396
Weighted average distributions per Unit	$	—	$	0.28	$	0.05	$	0.55

XML 25 R14.htm IDEA: XBRL DOCUMENT

Fair Value Measurements

6 Months Ended

Jun. 30, 2020

Fair Value Measurements [Abstract]

Fair Value Measurements

8. Fair value measurements:

At June 30, 2020 and December 31, 2019, the Company’s warrants and investment securities were measured on a recurring basis.

The measurement methodology is as follows:

Warrants (recurring)

The fair value of warrants that were accounted for on a recurring basis during the three and six months ended June 30, 2020 and 2019, and classified as Level 3, are as follows (in thousands):


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2020		2019		2020		2019
Fair value of warrants at beginning of period	$	577	$	319	$	588	$	561
Warrants converted to securities		—		—		—		(140)
Unrealized gain (loss) on fair value adjustment for warrants		(86)		67		(97)		(35)
Fair value of warrants at end of period	$	491	$	386	$	491	$	386

Investment securities (recurring)


	Three Months Ended					Six Months Ended
	June 30,					June 30,
	2020		2019			2020	2019
Fair value of investment in securities at beginning of period	$	60	$	82	$	64	$	117
Unrealized gain (loss) on fair market valuation of securities		219		4		215		(31)
Conversion of previously held private securities		44		—		44		—
Fair value of investment in securities at end of period	$	323	$	86	$	323	$	86

Impaired notes receivable (non-recurring)


June 30, 2020
	Valuation	Valuation	Unobservable	Range of Input Values
Name	Frequency	Technique	Inputs	(Weighted Average)
Warrants	Recurring	Black-Scholes formulation	Stock price	$0.01 - $16.95 ($0.60)
			Exercise price	$0.02 - $25.76 ($0.34)
			Time to maturity (in years)	0.49 - 11.45 (6.86)
			Risk-free interest rate	0.17% - 1.58% (0.51%)
			Annualized volatility	29.90% - 205.61% (50.53%)


December 31, 2019
	Valuation	Valuation	Unobservable	Range of Input Values
Name	Frequency	Technique	Inputs	(Weighted Average)
Warrants	Recurring	Black-Scholes formulation	Stock price	$0.11 - $16.07 (S0.66)
			Exercise price	$0.02 - $38.64 ($0.34)
			Time to maturity (in years)	0.99 - 11.95 (7.31)
			Risk-free interest rate	1.59% - 1.99% (1.82%)
			Annualized volatility	32.21% - 114.44% (47.97%)

Cash and cash equivalents

The recorded amounts of the Company’s cash and cash equivalents approximate fair value because of the liquidity and short-term maturity of these instruments.

Notes receivable

Investment in securities

The Company’s investment securities registered for public sale with readily determinable fair values are measured at fair value with any changes in fair value recognized in the Company’s results of operations. These investment securities are valued based on their quoted market prices.

Commitments and Contingencies


	June 30, 2020
	Carrying
	Amount		Level 1		Level 2		Level 3		Total
Financial assets:
Cash and cash equivalents	$	25	$	25	$	—	$	—	$	25
Notes receivable, net		242		—		—		246		246
Investment in securities		323		323		—		—		323
Warrants		491		—		—		491		491


	December 31, 2019
	Carrying
	Amount		Level 1		Level 2		Level 3		Total
Financial assets:
Cash and cash equivalents	$	70	$	70	$	—	$	—	$	70
Notes receivable, net		514		—		—		516		516
Investment in securities		64		64		—		—		64
Warrants		588		—		—		588		588

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

XML 26 R15.htm IDEA: XBRL DOCUMENT

Global Health Emergency	6 Months Ended
Global Health Emergency	Jun. 30, 2020
Global Health Emergency [Abstract]
Global Health Emergency	9. Global health emergency: On January 30, 2020, the World Health Organization declared the novel coronavirus outbreak a public health emergency. The Fund’s operations is located in California, which has restricted gatherings of people due to the coronavirus outbreak. At present, the Fund’s operations have not been adversely affected and continues to function effectively. Due to the dynamic nature of these unprecedented circumstances and possible business disruption, the Fund will continue to monitor the situation closely, but given the uncertainty about the situation, an estimate of the future impact, if any, cannot be made at this time.

XML 27 R16.htm IDEA: XBRL DOCUMENT

Summary of Significant Accounting Policies (Policy)	6 Months Ended
Summary of Significant Accounting Policies (Policy)	Jun. 30, 2020
Summary of Significant Accounting Policies [Abstract]
Basis of presentation	Basis of presentation: The accompanying unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States (‘‘GAAP’’) for interim financial information and with the instructions to Form 10-Q as mandated by the Securities and Exchange Commission. The unaudited interim financial statements reflect all adjustments which are, in the opinion of the Managing Member, necessary for a fair statement of financial position and results of operations for the interim periods presented. All such adjustments are of a normal recurring nature. Operating results for the three and six months ended June 30, 2020 are not necessarily indicative of the results to be expected for the full year. Footnote and tabular amounts are presented in thousands, except as to Units and per Unit data. In preparing the accompanying financial statements, the Company has reviewed, as determined necessary by the Managing Member, events that have occurred after June 30, 2020, up until the issuance of the financial statements. No events were noted which would require disclosure in the footnotes to the financial statements.
Cash and cash equivalents	Cash and cash equivalents: Cash and cash equivalents include cash in banks and cash equivalent investments such as U.S. Treasury instruments with original and/or purchased maturities of ninety days or less.
Use of Estimates	Use of Estimates: The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from the estimates. Such estimates primarily relate to the determination of credit losses on notes receivable and the fair valuation of equity securities and warrants.
Accounts Receivable	Accounts receivable: Accounts receivable represent the amounts billed under notes receivable which are currently due to the Company. Allowances for credit losses are typically established based on historical charge off and collection experience and the collectability of specifically identified borrowers, and invoiced amounts. Accounts receivable deemed uncollectible are generally charged off against the allowance on a specific identification basis. Recoveries of amounts that were previously written-off are recorded as other income in the period received.
Credit risk	Credit risk: Financial instruments that potentially subject the Company to concentrations of credit risk include cash and cash equivalents, notes receivable and accounts receivable. The Company places the majority of its cash deposits in noninterest-bearing accounts with financial institutions that have no less than $10 billion in assets. Such deposits are insured up to $250 thousand. The remainder of the Funds’ cash is temporarily invested in U.S. Treasury instruments. The concentration of such deposits and temporary cash investments is not deemed to create a significant risk to the Company. Accounts and notes receivable represent amounts due from borrowers in various industries related to equipment financed through notes receivable.
Notes Receivable, Unearned Interest Income and Related Revenue Recognition	Notes receivable, unearned interest income and related revenue recognition: The Company records all future payments of principal and interest on notes as notes receivable, which are then offset by the amount of any related unearned interest income. For financial statement purposes, the Company reports the net investment in the notes on the balance sheet. Such net investment is comprised of the amount advanced on the loans, adjusting for net deferred loan fees or costs incurred at origination, amounts allocated to warrants received upon origination, and any payments received in advance. The unearned interest is recognized over the term of the notes and the income portion of each note payment is calculated so as to generate a constant rate of return on the net balance outstanding. Net deferred loan fees or costs, together with discounts recognized in connection with warrants acquired at origination, are accreted as an adjustment to yield over the term of the loan. Allowances for losses on notes receivable are typically established based on historical charge off and collection experience and the collectability of specifically identified borrowers and billed and unbilled receivables. Notes are considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal and/or interest when due according to the contractual terms of the note agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. If it is determined that a loan is impaired with regard to scheduled payments, the Company will perform an analysis of the note to determine if an impairment valuation reserve is necessary. This analysis considers the estimated cash flows from the note, or the collateral value of the property underlying the note when note repayment is collateral dependent. Any required valuation reserve is charged to earnings when determined; and notes are charged off to the allowance as they are deemed uncollectible. Notes receivable are generally placed in a non-accrual status (i.e., no revenue is recognized) when payments are more than 90 days past due. Additionally, management periodically reviews the creditworthiness of companies with note payments outstanding less than 90 days. Based upon management’s judgment, the related notes may be placed on non-accrual status. Notes placed on non-accrual status are only returned to an accrual status when the account has been brought current and management believes recovery of the remaining unpaid receivable is probable. Until such time, all payments received are applied only against outstanding principal balances.
Note Origination Costs	Note origination costs: The Company capitalizes note origination costs and deferred loan fees associated with the origination and funding of investments in notes receivable. Costs incurred include both internal costs (e.g., the costs of employees’ activities in connection with successful loan originations) and any external broker fees incurred with such originations. These costs are amortized on a note by note basis over the actual contract term using the effective interest rate method. Upon termination of the underlying notes receivable, any of the remaining net note origination fees or costs are relieved. Likewise, the accumulated amortization related to the deferred costs is relieved. Costs related to notes receivable that are not consummated are not eligible for capitalization as note origination costs and are expensed as acquisition expense in the period of expenditure.
Acquisition Expense	Acquisition expense: Acquisition expense represents costs which include, but are not limited to, legal fees and expenses, travel and communication expenses, cost of appraisals, accounting fees and expenses and miscellaneous expenses related to the selection and acquisition or financing of equipment and equity investment transactions which were not consummated. Such costs are reimbursable to the Managing Member under the terms of the Operating Agreement. As the costs are not eligible for capitalization as note origination costs, such amounts are expensed as incurred.
Segment reporting	Segment reporting: The Company is organized into one operating segment for the purpose of making operating decisions or assessing performance. Accordingly, the Company operates in one reportable operating segment in the United States. The Company’s principal decision makers are the Managing Member’s Chief Executive Officer and its Chief Financial Officer and Chief Operating Officer. The Company believes that its financing business operates as one reportable segment because: a) the Company measures profit and loss at the portfolio assets level as a whole; b) the principal decision makers do not review information based on any operating segment other than the equipment financing transaction portfolio; c) the Company does not maintain discrete financial information on any specific segment other than its equipment financing operations; d) the Company has not chosen to organize its business around different products and services other than equipment financing; and e) the Company has not chosen to organize its business around geographic areas. The primary geographic region in which the Company seeks financing opportunities is North America. All of the Company’s current operating revenues for the respective three and six months ended June 30, 2020 and 2019, and long-lived tangible assets as of June 30, 2020 and December 31, 2019 relate to customers domiciled in the United States.
Investment in Securities	Investment in securities: From time to time, the Company may purchase securities of its borrowers or receive warrants in connection with its lending arrangements. Purchased securities The Company’s purchased securities registered for public sale with readily determinable fair values are measured at fair value with any changes in fair value recognized in the Company’s results of operations. The Company’s purchased securities not registered for public sale that do not have readily determinable fair values are measured at cost minus impairment, and adjusted for changes in observable prices. Factors considered by the Managing Member in determining fair value include, but are not limited to, available financial information, the issuer’s ability to meet its current obligations and indications of the issuer’s subsequent ability to raise capital. As of June 30, 2020 and December 31, 2019, investments in equity securities totaled $572 thousand and $314 thousand, respectively. For the respective three months ended June 30, 2020 and 2019, the Company recorded $219 thousand and $4 thousand of unrealized gains on investment securities with readily determinable fair values. For the respective six months ended June 30, 2020 and 2019, the Company recorded unrealized gains of $251 thousand and unrealized losses of $31 thousand on such securities. In addition, during the six months ended June 30, 2020 and 2019, the Company recorded $36 thousand and $35 thousand of unrealized gains on investment securities that do not have readily determinable fair values based on changes in observable prices. All of such unrealized gains were recorded during the first quarters of 2020 and 2019. There were no such fair value adjustments recorded during the current quarter and three and six-month periods ended June 30, 2019. Cumulatively, a total of $52 thousand was recorded to increase the value of such investment securities held at June 30, 2020 based on changes in observable prices. Also, during the six months ended June 30, 2019, the Company recorded $161 thousand of realized gains on sales of investment securities, all of which were recorded during the first quarter of 2019. There were no sales or dispositions of investment securities during the three and six months ended June 30, 2020. Warrants Warrants owned by the Company are not registered for public sale, but are considered derivatives and are reflected at an estimated fair value on the balance sheet as determined by the Managing Member. At June 30, 2020 and December 31, 2019, the Managing Member estimated the fair value of warrants to be $491 thousand and $588 thousand, respectively. During the respective three months ended June 30, 2020 and 2019, the Company recorded $86 thousand of unrealized losses and $67 thousand of unrealized gains on the fair valuation of its warrants. During the respective six months ended June 30, 2020 and 2019, unrealized losses of $97 thousand and $35 thousand were recorded. Additionally, there was a net exercise of warrants in exchange for equity securities of $140 thousand during the six months ended June 30, 2019, all of which occurred during the first quarter of 2019. There were no such exercises of any kind during the three and six months ended June 30, 2020.
Per Unit data	Per Unit data: Net income (loss) per Unit is based upon the weighted average number of Other Members Units outstanding during the period.
Fair value	Fair Value: Fair value measurements and disclosures are based on a fair value hierarchy as determined by significant inputs used to measure fair value. The three and six levels of inputs within the fair value hierarchy are defined as follows: Level 1 — Quoted prices in active markets for identical assets or liabilities. An active market for the asset or liability is a market in which transactions for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis. Level 2 — Quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuations in which all significant inputs are observable in the market. Level 3 — Valuation is modeled using significant inputs that are unobservable in the market. These unobservable inputs reflect the Company’s own estimates of assumptions that market participants would use in pricing the asset or liability. The Company’s valuation policy is determined by members of the Asset Management, Credit and Accounting departments. Whenever possible, the policy is to obtain quoted market prices in active markets to estimate fair values for recognition and disclosure purposes. Where quoted market prices in active markets are not available, fair values are estimated using discounted cash flow analyses, broker quotes and third party appraisals of collateral and/or other valuation techniques. These techniques are significantly affected by certain of the Company’s assumptions, including discount rates and estimates of future cash flows. Potential taxes and other transaction costs are not considered in estimating fair values. As the Company is responsible for determining fair value, an analysis is performed on prices obtained from third parties. Such analysis is performed by asset management and credit department personnel who are familiar with the Company’s investments in notes receivable and equity securities of venture companies. The analysis may include a periodic review of price fluctuations and validation of numbers obtained from a specific third party by reference to multiple representative sources.
Recent accounting pronouncements	Recent accounting pronouncements: In March 2020, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2020-03, Codification Improvements to Financial Instruments (“ASU 2020-03”). ASU 2020-03 improves and clarifies various financial instruments topics, including the current expected credit losses (CECL) standard issued in 2016. ASU 2020-03 includes seven different issues that describe the areas of improvement and the related amendments to GAAP that are intended to make the standards easier to understand and apply by eliminating inconsistencies and providing clarifications. The amendments have different effective dates. Management is currently evaluating the effect of adopting this new accounting guidance but does not expect adoption will have a material impact on the Fund’s financial statements and disclosures. In June 2016, the FASB issued Accounting Standards Update 2016‑13, Financial Instruments — Credit Losses (Topic 326) (“ASU 2016‑13”). The main objective of this Update is to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date. To achieve this objective, the amendments in this Update replace the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. The amendments affect entities holding financial assets and equipment under operating leases that are not accounted for at fair value through net income. The amendments affect loans, debt securities, trade receivables, equipment under operating leases, off-balance-sheet credit exposures, reinsurance receivables, and any other financial assets not excluded from the scope that have the contractual right to receive cash. Management is currently evaluating the standard and expects the update may potentially result in the increase in the allowance for credit losses given the change to estimated losses over the contractual life adjusted for expected prepayments. In November 2018, the FASB issued Accounting Standards Update 2018-19, Codification Improvements to Topic 326, Financial Instruments — Credit Losses (“ASU 2018-19”). The new standard clarifies certain aspects of the new CECL impairment model in ASU 2016-13. The amendment clarifies that receivables arising from operating leases are within the scope of ASC 842, rather than ASC 326. Management is currently evaluating the impact of the standard on the financial statements and related disclosure requirements. On August 15, 2019, the FASB issued a proposed ASU that would grant certain companies additional time to implement FASB standards on CECL and hedging. The proposed ASU defers the effective date for CECL to fiscal periods beginning after December 15, 2022, including interim periods within those fiscal years; and defers the effective dates for hedging to fiscal periods beginning after December 15, 2020, and interim periods within fiscal years beginning after December 15, 2021. The ASU was approved on October 16, 2019. In February 2020, the FASB issued ASU 2020-02 and delayed the effective date of Topic 326 until fiscal year beginning after December 15, 2022. In August 2018, the FASB issued Accounting Standards Update 2018-13, Fair Value Measurement (“ASU 2018-13”), which amends the disclosure requirements on fair value measurements in Topic 820, Fair Value Measurement. This ASU modifies disclosure requirements for fair value measurements by removing, modifying or adding certain disclosures. The amendments in this Update are effective for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. The amendments on changes in unrealized gains and losses, the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements, and the narrative description of measurement uncertainty should be applied prospectively for only the most recent interim or annual period presented in the initial fiscal year of adoption. All other amendments should be applied retrospectively to all periods presented upon their effective date. The Fund adopted ASU 2018-13 on January 1, 2020. Such adoption did not have a significant impact on the Fund’s financial statements and related disclosure requirements.

XML 28 R17.htm IDEA: XBRL DOCUMENT

Notes Receivable, Net (Tables)

6 Months Ended

Jun. 30, 2020

Notes Receivable, Net [Abstract]

Minimum Future Payments Receivable

As of June 30, 2020, the minimum future payments receivable were as follows (in thousands):


Six months ending December 31, 2020	$	116
Year ending December 31, 2021		155
		271
Less: portion representing unearned interest income, net		(18)
		253
Unamortized discount on warrants received		(11)
Notes receivable, net	$	242

XML 29 R18.htm IDEA: XBRL DOCUMENT

Allowance for Credit Losses (Tables)

6 Months Ended

Jun. 30, 2020

Allowance for Credit Losses [Abstract]

Activity in Allowance for Credit Losses

The Company’s allowance for credit losses at June 30, 2019 were as follows (in thousands):


	Valuation Adjustments -
	Notes Receivable
Balance December 31, 2018	$	133
Note receivable disposal		27
Write-off		(160)
Balance June 30, 2019	$	—

Recorded Investment in Financing Receivables

The Company’s allowance for credit losses and its recorded investment in notes receivable as of June 30, 2020 and December 31, 2019 were as follows (in thousands):


	Notes Receivable
	June 30, 2020		December 31, 2019
Allowance for credit losses:
Ending balance	$	—	$	—
Ending balance: individually evaluated for impairment	$	—	$	—
Ending balance: collectively evaluated for impairment	$	—	$	—

Notes receivable:
Ending balance	$	242	$	514
Ending balance: individually evaluated for impairment	$	242	$	514
Ending balance: collectively evaluated for impairment	$	—	$	—

Financing Receivables by Credit Quality Indicator and by Class

At June 30, 2020 and December 31, 2019, the Company’s notes receivable by credit quality indicator and by class of notes receivable were as follows (in thousands):


	Notes Receivable
	June 30, 2020		December 31, 2019
Pass	$	242	$	514
Doubtful		—		—
Total	$	242	$	514

Net Investment in Financing Receivables by Age

At June 30, 2020 and December 31, 2019, investment in notes receivable is aged as follows (in thousands):


													Recorded
					Greater						Total		Investment>90
	31‑60 Days		61‑90 Days		Than 90		Total				Notes		Days and
June 30, 2020	Past Due		Past Due		Days		Past Due		Current		Receivable		Accruing
Notes receivable	$	—	$	—	$	—	$	—	$	242	$	242	$	—


													Recorded
					Greater						Total		Investment>90
	31‑60 Days		61‑90 Days		Than 90		Total				Notes		Days and
December 31, 2019	Past Due		Past Due		Days		Past Due		Current		Receivable		Accruing
Notes receivable	$	—	$	—	$	—	$	—	$	514	$	514	$	—

XML 30 R19.htm IDEA: XBRL DOCUMENT

Related Party Transactions (Tables)

6 Months Ended

Jun. 30, 2020

Affiliates Earned Commissions and Billed for Reimbursements Pursuant to Operating Agreement


	Three Months Ended				Six Months Ended
		June 30,			June 30,
	2020		2019		2020		2019
Administrative costs reimbursed to Managing Member and/or affiliates	$	17	$	38	$	40	$	74
Asset management fees to Managing Member		2		9		6		18
	$	19	$	47	$	46	$	92

XML 31 R20.htm IDEA: XBRL DOCUMENT

Members' Capital (Tables)

6 Months Ended

Jun. 30, 2020

Members' Capital [Abstract]

Distributions to Other Members

Distributions to the Other Members for June 30, 2020 and 2019 were as follows (in thousands, except as to Units and per Unit data):


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2020		2019		2020		2019
Distributions declared	$	—	$	444	$	81	$	888
Weighted average number of Units outstanding		1,612,396		1,612,396		1,612,396		1,612,396
Weighted average distributions per Unit	$	—	$	0.28	$	0.05	$	0.55

XML 32 R21.htm IDEA: XBRL DOCUMENT

Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2020

Fair Value Measurements [Abstract]

Fair Value, Warrants Measured on Recurring Basis

The fair value of warrants that were accounted for on a recurring basis during the three and six months ended June 30, 2020 and 2019, and classified as Level 3, are as follows (in thousands):


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2020		2019		2020		2019
Fair value of warrants at beginning of period	$	577	$	319	$	588	$	561
Warrants converted to securities		—		—		—		(140)
Unrealized gain (loss) on fair value adjustment for warrants		(86)		67		(97)		(35)
Fair value of warrants at end of period	$	491	$	386	$	491	$	386

Fair Value, Investment Securities Measured on Recurring Basis


	Three Months Ended					Six Months Ended
	June 30,					June 30,
	2020		2019			2020	2019
Fair value of investment in securities at beginning of period	$	60	$	82	$	64	$	117
Unrealized gain (loss) on fair market valuation of securities		219		4		215		(31)
Conversion of previously held private securities		44		—		44		—
Fair value of investment in securities at end of period	$	323	$	86	$	323	$	86

Summary of Valuation Techniques and Significant Unobservable Inputs


June 30, 2020
	Valuation	Valuation	Unobservable	Range of Input Values
Name	Frequency	Technique	Inputs	(Weighted Average)
Warrants	Recurring	Black-Scholes formulation	Stock price	$0.01 - $16.95 ($0.60)
			Exercise price	$0.02 - $25.76 ($0.34)
			Time to maturity (in years)	0.49 - 11.45 (6.86)
			Risk-free interest rate	0.17% - 1.58% (0.51%)
			Annualized volatility	29.90% - 205.61% (50.53%)


December 31, 2019
	Valuation	Valuation	Unobservable	Range of Input Values
Name	Frequency	Technique	Inputs	(Weighted Average)
Warrants	Recurring	Black-Scholes formulation	Stock price	$0.11 - $16.07 (S0.66)
			Exercise price	$0.02 - $38.64 ($0.34)
			Time to maturity (in years)	0.99 - 11.95 (7.31)
			Risk-free interest rate	1.59% - 1.99% (1.82%)
			Annualized volatility	32.21% - 114.44% (47.97%)

Estimated Fair Values of Financial Instruments


	June 30, 2020
	Carrying
	Amount		Level 1		Level 2		Level 3		Total
Financial assets:
Cash and cash equivalents	$	25	$	25	$	—	$	—	$	25
Notes receivable, net		242		—		—		246		246
Investment in securities		323		323		—		—		323
Warrants		491		—		—		491		491


	December 31, 2019
	Carrying
	Amount		Level 1		Level 2		Level 3		Total
Financial assets:
Cash and cash equivalents	$	70	$	70	$	—	$	—	$	70
Notes receivable, net		514		—		—		516		516
Investment in securities		64		64		—		—		64
Warrants		588		—		—		588		588

XML 33 R22.htm IDEA: XBRL DOCUMENT

Organization and Limited Liability Company Matters (Narrative) (Details) - USD ($)		6 Months Ended	70 Months Ended	103 Months Ended
	Nov. 14, 2012	Jun. 30, 2020	Jun. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Mar. 13, 2013	Dec. 31, 2011
Business activities, description		providing financing for the acquisition of equipment and other goods and services used by emerging growth companies and established privately held companies without publicly traded securities
Business formation date		Dec. 08, 2011
Business formation State		California
Contributions of capital, initial		$ 500	$ 500	$ 500							$ 500
Sale of Limited Liability Company Units, number of units	120,000
Proceeds from the sale of Limited Liability Company Units	$ 1,200,000
Capital contribution				$ 16,200,000
Reinvestment period			6 years
Minimum [Member]
Contributions received, net of rescissions and/or redemptions	$ 3,750,000									$ 3,750,000
Other Members [Member]
Units issued		1,612,396	1,612,396	1,612,396		1,612,396
Units outstanding		1,612,396	1,612,396	1,612,396	1,612,396	1,612,396	1,612,396	1,612,396	1,612,396

XML 34 R23.htm IDEA: XBRL DOCUMENT

Summary of Significant Accounting Policies (Narrative) (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020 USD ($)	Jun. 30, 2019 USD ($)	Jun. 30, 2020 USD ($) segment	Jun. 30, 2019 USD ($)	Dec. 31, 2019 USD ($)
Summary Of Significant Accounting Policies [Line Items]
Investment in securities	$ 572		$ 572		$ 314
Gain on sales or dispositions of investment in securities	0		0	$ 161
Unrealized gain on fair value adjustment for investment in securities	219	$ 4	251	4
Warrants, fair value	491		491		588
Unrealized gain (loss) on fair value adjustment for warrants	(86)	67	(97)	(35)
Realized gain (loss) on exercise of warrants	0		0	140
Securities with Readily Determinable Fair Values [Member]
Summary Of Significant Accounting Policies [Line Items]
Investment in securities	323		323		$ 64
Unrealized gain on fair value adjustment for investment in securities	219	$ 4	251	(31)
Securities without Readily Determinable Fair Values [Member]
Summary Of Significant Accounting Policies [Line Items]
Unrealized gain on fair value adjustment for investment in securities			36	$ 35
Securities without Readily Determinable Fair Values, Cumulative Amount [Member]
Summary Of Significant Accounting Policies [Line Items]
Unrealized gain on fair value adjustment for investment in securities			$ 52
North America [Member] \| Operating Revenue [Member]
Summary Of Significant Accounting Policies [Line Items]
Number of operating segments \| segment			1
Number of reportable segments \| segment			1
Minimum [Member]
Summary Of Significant Accounting Policies [Line Items]
Required assets value of financial institutions for cash deposits			$ 10,000,000
Note receivables, period for non accrual status			90 days
Accounts receivable, period for non-accrual status			90 days
Maximum [Member]
Summary Of Significant Accounting Policies [Line Items]
U.S. Treasury instruments maturity period			90 days
Cash deposits, insured amount	$ 250		$ 250
Notes receivable, period of review for impairment			90 days
Accounts receivable, period for review of impairment			90 days

XML 35 R24.htm IDEA: XBRL DOCUMENT

Notes Receivable, Net (Narrative) (Details) - contract	6 Months Ended	12 Months Ended
Notes Receivable, Net (Narrative) (Details) - contract	Jun. 30, 2020	Dec. 31, 2019
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of notes receivables on non-accrual status	0	0
Terms of the notes receivable	42 months
Notes receivable, maturity date, description	have maturity dates ranging from 2021 through 2022
Minimum [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Notes receivable, interest rate	11.37%
Maximum [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Notes receivable, interest rate	13.96%

XML 36 R25.htm IDEA: XBRL DOCUMENT

Notes Receivable, Net (Minimum Future Payments Receivable) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Notes Receivable, Net [Abstract]
Six months ending December 31, 2020	$ 116
Year ending December 31, 2021	155
Notes receivable, gross	271
Less: portion representing unearned interest income, net	(18)
Notes receivable	253
Unamortized discount on warrants received	(11)
Notes receivable, net	$ 242	$ 514

XML 37 R26.htm IDEA: XBRL DOCUMENT

Allowance for Credit Losses (Narrative) (Details) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2020 USD ($) contract	Dec. 31, 2019 USD ($) contract
Allowance for Credit Losses [Abstract]
Allowance for credit losses	$ 0
Number of notes receivables on non-accrual status \| contract	0	0
Impaired investment in notes receivable	$ 0	$ 0

XML 38 R27.htm IDEA: XBRL DOCUMENT

Allowance for Credit Losses (Activity in Allowance for Credit Losses) (Details) - Valuation Adjustments on Financing Receivables [Member] $ in Thousands	6 Months Ended
	Jun. 30, 2019 USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance	$ 133
Note receivable disposal	27
Write-off	(160)
Ending Balance

XML 39 R28.htm IDEA: XBRL DOCUMENT

Allowance for Credit Losses (Recorded Investment in Financing Receivables) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Financing receivables:
Ending balance	$ 242	$ 514
Notes Receivable [Member]
Financing receivables:
Ending balance	242	514
Ending balance: individually evaluated for impairment	$ 242	$ 514

XML 40 R29.htm IDEA: XBRL DOCUMENT

Allowance for Credit Losses (Financing Receivables by Credit Quality Indicator and by Class) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable Gross	$ 242	$ 514
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable Gross	$ 242	$ 514

XML 41 R30.htm IDEA: XBRL DOCUMENT

Allowance for Credit Losses (Net Investment in Financing Receivables by Age) (Details) - Notes Receivable [Member] - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	$ 242	$ 514
Total financing receivables	$ 242	$ 514

XML 42 R31.htm IDEA: XBRL DOCUMENT

Related Party Transactions (Managing Member and/or Affiliates Earned Commissions and Billed for Reimbursements Pursuant to Operating Agreement (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Related Party Transactions [Abstract]
Administrative costs reimbursed to Managing Member and/or affiliates	$ 17	$ 38	$ 40	$ 74
Asset management fees to Managing Member	2	9	6	18
Related party transaction, total	$ 19	$ 47	$ 46	$ 92

XML 43 R32.htm IDEA: XBRL DOCUMENT

Commitments (Narrative) (Details) $ in Thousands	Jun. 30, 2020 USD ($)
Related Party Transactions [Abstract]
Commitments to fund investments in notes receivable	$ 0

XML 44 R33.htm IDEA: XBRL DOCUMENT

Members' Capital (Narrative) (Details) - shares	6 Months Ended
Members' Capital (Narrative) (Details) - shares	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018
Other Members [Member]
Other Members Capital Account [Line Items]
Members capital account, Units issued	1,612,396		1,612,396
Members capital account, Units outstanding	1,612,396	1,612,396	1,612,396	1,612,396	1,612,396	1,612,396
Members capital account, Units authorized	7,500,000		7,500,000
Allocation of net income or net losses commencing with initial closing date	100.00%
Total distribution, priority return	8.00%
Managing Member [Member]
Other Members Capital Account [Line Items]
Allocation of net income or net losses from commencement until initial closing date	100.00%
Allocation of all distributions of cash available for distribution and net disposition proceeds	5.00%
Allocation percentage, distributions of cash available for distribution	5.00%
Allocation percentage, distributions of net disposition proceeds	1.00%
Allocation of subsequent distributions	15.00%
Initial Member [Member]
Other Members Capital Account [Line Items]
Members capital account, Units issued	50		50

XML 45 R34.htm IDEA: XBRL DOCUMENT

Members' Capital (Distributions to Other Members) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Distribution Made to Limited Liability Company (LLC) Member [Line Items]
Distributions declared		$ 444	$ 81	$ 888
Weighted average number of Units outstanding	1,612,396	1,612,396	1,612,396	1,612,396
Other Members [Member]
Distribution Made to Limited Liability Company (LLC) Member [Line Items]
Distributions declared		$ 444	$ 81	$ 888
Weighted average number of Units outstanding	1,612,396	1,612,396	1,612,396	1,612,396
Weighted average distributions per Unit		$ 0.28	$ 0.05	$ 0.55

XML 46 R35.htm IDEA: XBRL DOCUMENT

Fair Value Measurements (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2019	Jun. 30, 2020	Dec. 31, 2019
Warrants, fair value			$ 491	$ 588
Investment in securities			572	314
Fair value adjustments recorded on notes receivable	$ 14	$ 27
Securities with Readily Determinable Fair Values [Member]
Investment in securities			$ 323	$ 64

XML 47 R36.htm IDEA: XBRL DOCUMENT

Fair Value Measurements (Fair Value, Warrants Measured on Recurring Basis) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Fair value of warrants at beginning of period			$ 588
Unrealized gain (loss) on fair value adjustment for warrants	$ (86)	$ 67	(97)	$ (35)
Fair value of warrants at end of period	491		491
Level 3 Estimated Fair Value [Member]
Fair value of warrants at beginning of period	577	319	588	561
Warrants converted to securities				(140)
Unrealized gain (loss) on fair value adjustment for warrants	(86)	67	(97)	(35)
Fair value of warrants at end of period	$ 491	$ 386	$ 491	$ 386

XML 48 R37.htm IDEA: XBRL DOCUMENT

Fair Value Measurements (Fair Value, Investment Securities Measured on Recurring Basis) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Fair value of investment in securities at beginning of period			$ 64
Unrealized gain (loss) on fair market valuation of securities	$ 219	$ 4	251	$ 4
Fair value of investment in securities at end of period	323		323
Level 1 Estimated Fair Value [Member]
Fair value of investment in securities at beginning of period	60	82	64	117
Unrealized gain (loss) on fair market valuation of securities	219	4	215	(31)
Conversion of previously held private securities	44		44
Fair value of investment in securities at end of period	$ 323	$ 86	$ 323	$ 86

XML 49 R38.htm IDEA: XBRL DOCUMENT

Fair Value Measurements (Summary of Valuation Techniques and Significant Unobservable Inputs Used) (Details) - Level 3 Estimated Fair Value [Member] - Recurring [Member] - Warrant [Member] - Black-Scholes formulation [Member]	Jun. 30, 2020 Y $ / shares USD ($)	Dec. 31, 2019 Y $ / shares USD ($)
Minimum [Member] \| Unobservable Inputs, Stock Price [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Warrants, Range of Input Values	0.01	0.11
Minimum [Member] \| Unobservable Inputs, Exercise Price [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Warrants, Range of Input Values	0.02	0.02
Minimum [Member] \| Unobservable Inputs, Time to Maturity (in years) [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Warrants, Range of Input Values \| $	0.49	0.99
Minimum [Member] \| Unobservable Inputs, Risk-Free Interest Rate [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Warrants, Range of Input Values	0.0017	0.0159
Minimum [Member] \| Unobservable Inputs, Annualized Volatility [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Warrants, Range of Input Values	0.2990	0.3221
Maximum [Member] \| Unobservable Inputs, Stock Price [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Warrants, Range of Input Values	16.95	16.07
Maximum [Member] \| Unobservable Inputs, Exercise Price [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Warrants, Range of Input Values	25.76	38.64
Maximum [Member] \| Unobservable Inputs, Time to Maturity (in years) [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Warrants, Range of Input Values \| $	11.45	11.95
Maximum [Member] \| Unobservable Inputs, Risk-Free Interest Rate [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Warrants, Range of Input Values	0.0158	0.0199
Maximum [Member] \| Unobservable Inputs, Annualized Volatility [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Warrants, Range of Input Values	2.0561	1.1444
Weighted Average [Member] \| Unobservable Inputs, Stock Price [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Warrants, Range of Input Values	0.60	0.66
Weighted Average [Member] \| Unobservable Inputs, Exercise Price [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Warrants, Range of Input Values	0.34	0.34
Weighted Average [Member] \| Unobservable Inputs, Time to Maturity (in years) [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Warrants, Range of Input Values \| Y	6.86	7.31
Weighted Average [Member] \| Unobservable Inputs, Risk-Free Interest Rate [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Warrants, Range of Input Values	0.0051	0.0182
Weighted Average [Member] \| Unobservable Inputs, Annualized Volatility [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Warrants, Range of Input Values	0.5053	0.4797

XML 50 R39.htm IDEA: XBRL DOCUMENT

Fair Value Measurements (Estimated Fair Values of Financial Instruments) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018
Financial assets:
Cash and cash equivalents	$ 25		$ 70
Notes receivable, net	246		516
Investment in securities	323		64
Warrants	491		588
Level 1 Estimated Fair Value [Member]
Financial assets:
Cash and cash equivalents	25		70
Investment in securities	323	$ 60	64	$ 86	$ 82	$ 117
Level 3 Estimated Fair Value [Member]
Financial assets:
Notes receivable, net	246		516
Warrants	491	$ 577	588	$ 386	$ 319	$ 561
Carrying Amount [Member]
Financial assets:
Cash and cash equivalents	25		70
Notes receivable, net	242		514
Investment in securities	323		64
Warrants	$ 491		$ 588

EXCEL 51 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx M4$L#!!0 ( #QLOD&1#LD)^OCG!CVX>;QA&WPIG M*N*I#BV&5(_C(I(/ !47BK9.7:=N')=HI6-Y #OGDK7A.YNJQ<&4GPZ4A!0W_J=0U[R;UEA_6\#MI7E!+ P04 M " W.0Y1O7T^'.\ K @ $0 &1O8U!R;W!S+V-O&ULS9+! M3L,P#(9?!>7>.FT1@ZC+!<0))"0F@;A%B;=%:]HH,6KW]J1AZX3@ 3C&_O/Y ML^16>Z&'@"]A\!C(8KR:7-='H?V:[8F\ (AZCT[%,B7ZU-P.P2E*S[ #K_1! M[1!JSF_ (2FC2,$,+/Q"9+(U6NB BH9PPAN]X/UGZ#+,:, .'?84H2HK8'*> MZ(]3U\(%,,,(@XO?!30+,5?_Q.8.L%-RBG9)C>-8CDW.I1TJ>']^>LWK%K:/ MI'J-Z5>T@HX>U^P\^:VY?]@\,EGSFA?\MJBN-WPE^)UH5A^SZP^_B[ ;C-W: M?VQ\%I0M_+H+^0502P,$% @ -SD.49E&UL[5I;<]HX%'[OK]!X9_9M"\8V@;:T$W-I=MNTF83M M3A^%$5B-;'EDD81_OTV23;J;/ 0LZ?O.14?GZ#AY\^XN8NB&B)3R M> +]O6N[!3+ MUES@6QHO(];JM-O=5H1I;*$81V1@?5XL:$#05%%:;U\@M.4?,_@5RU2-9:,! M$U=!)KF(M/+Y;,7\VMX^9<_I.ATR@6XP&U@@?\YOI^1.6HCA5,+$P&IG/U9K MQ]'22(""R7V4!;I)]J/3%0@R#3LZG5C.=GSVQ.V?C,K:=#1M&N#C\7@XMLO2 MBW A(5M>5 TR M6'!VULS2 Y9>*?IUE!K9';O=05SP6.XYB1'^QL4$UFG2&98T1G*=D 4. #?$ MT4Q0?*]!MHK@PI+27)#6SRFU4!H(FLB!]4>"(<7K;YH] M5Z%82=J$^!!&&N*<<^9ST6S[!Z5&T?95O-RCEU@5 9<8WS2J-2S%UGB5P/&M MG#P=$Q+-E L&08:7)"82J3E^34@3_BNEVOZKR2.FJW"$2M"/F(9 M-AIRM1:!MG&IA&!:$L;1>$[2M!'\6:PUDSY@R.S-D77.UI$.$9)>-T(^8LZ+ MD!&_'H8X2IKMHG%8!/V>7L-)P>B"RV;]N'Z&U3-L+([W1]072N0/)J<_Z3(T M!Z.:60F]A%9JGZJ'-#ZH'C(*!?&Y'C[E>G@*-Y;&O%"N@GL!_]':-\*K^(+ M.7\N?<^E[[GT/:'2MSAD6R4)RU3393>* M$IY"&V[I4_5*E=?EK[DHN#Q;Y.FOH70^+,_Y/%_GM,T+,T.WF)&Y M"M-2D&_#^>G%>!KB.=D$N7V85VWGV-'1^^?!4;"C[SR6'<>(\J(A[J&&F,_# M0X=Y>U^89Y7&4#04;6RL)"Q&MV"XU_$L%.!D8"V@!X.O40+R4E5@,5O& RN0 MHGQ,C$7H<.>77%_CT9+CVZ9EM6ZO*7<9;2)2.<)IF!-GJ\K>9;'!51W/55OR ML+YJ/;053L_^6:W(GPP13A8+$DACE!>F2J+S&5.^YRM)Q%4XOT4SMA*7&+SC MYL=Q3E.X$G:V#P(RN;LYJ7IE,6>F\M\M# DL6XA9$N)-7>W5YYNTB42%(JP# 4A M%W+C[^^3:G>,U_HL@6V$5#)DU1?*0XG!/3-R0]A4)?.NVB8+A=OB5,V[&KXF M8$O#>FZ=+2?_VU[4/;07/4;SHYG@'K.' MYA,L0Z1^P7V*BH 1JV*^NJ]/^26<.[1[\8$@F_S6VZ3VW> ,?-2K6J5D*Q$_ M2P=\'Y(&8XQ;]#1?CQ1BK::QK<;:,0QY@%CS#*%F.-^'19H:,]6+K#F-"F]! MU4#E/]O4#6CV#30,9FV-J/D3@H\W/[O#;#"Q([A[8N_ 5!+ P04 M" W.0Y1T9#LZIX# ;#0 & 'AL+W=O*$EIXTI9"TTSG3"\466%-;"?E+)91J])2E7$V<1.O\O>NJ**$946 M;(3,B(:BW+HJEY3$I2A+7=_SAFY&&'>FX[)N*:=C4>B4<;J42!591N3S)4W% M;N)@9U^Q8MM$FPIW.L[)EJZIOL^7$DINXQ*SC'+%!$>2;B;.#+\/\<@(RA;? M&-VI@V=DAO(@Q"]36,03QS-$-*61-A8$_AYI2-/4. ''[]K4:?HTPL/GO?N\ M'#P,YH$H&HKT.XMU,G%&#HKIAA2I7HG=1UH/:&#\(I&J\A?MJK;]P$%1H;3( M:C$09(Q7_^2IGH@#0>"_(O!K@?^' /=?$02U("@'6I&5P[HBFDS'4NR0-*W! MS3R4CT]$I$!:R*1H3'Z)IKII_1@E?;PTQS#ZF$2*K& MKH;>C,:-:N?+RME_Q7F(/@NN$P6N,8U?ZEV@;%#]/>JE;S7\5/ S%'COD._Y M7@=/>$R>@AQWR5_@!,W,!:5?\#]G[M_9@](2MNE/2V?]IK-^V5G_6&=WSSGM M6@N[''N]KQ:*04,QL-K4HUS1+3-# YQ;DG7BV'UF=][CRB<+1=W MLQLTO[^]0J-WZ.8FM) .&]+A:?.UI)()LSXQ@O/1R6IWVN^ZMV_>'-DXYPW; M^6EL-;M-9$=U/9#7_\&<1>8&&O#9C>*6 +KJFL+B&SL\B>M#-0VAV/ MD!V$ ]$D5PU4HPB2M#&Z'?$OI6YW5&4@,G MF]6,1)83WDUI]]*RH#:H-H[CX)1IN\ZHW!JD#^"@$Q1:R.R&&Y(J*UH;];$] M;M=HZP32'"N0W>8H4'L!X)-N@! VNH0XL8"K_0G]0[NA[%:>Y^%!<.X-+VQD M;<#']CB]#Q2'0=46]8_8]7K8[P78AM;&>VP/TC,(K7$57E.R[82Q&QQ=OS;. M8WMHKM?OGC.MT)="*PW9"VSZKG2JMAJ45N9SX'&*A]@/+H9C]_&0PCU(/\TA M*K-R!4>[X+K*1)O:)O.?E?FNVS:O/AL^$W,&%4KI!J3>V3GT+JM,O"IHD9?) M[(/0D!J7CPE\O5!I&L#[C1!Z7S =--]#T_\ 4$L#!!0 ( #&PO=V]R:W-H965T&ULI5?M;MLV%'T5 M0BN&#<@B4?)G9AM(G WK@+1!G:Z_:?G:)BJ)*DG9Z=N/I!1)EB@F1?_8HG3O MX;G?Y.+,^%=Q!)#H.4TRL?2.4N8WOB_B(Z1$7+,<,O5ESWA*I%KR@R]R#F1G ME-+$#X-@XJ>$9MYJ8=X]\M6"%3*A&3QR)(HT)?S['23LO/2P]_+B$STL9:5.VC'W5 MB_>[I1=H1I! +#4$47\G6$.2:"3%XUL%ZM5[:L7V\POZW\9X9/2FWEH!WM2)/(3._\#E4%CC1>S1)A?="YE1Z&'XD)(EE;*BD%*L_*?/%>. M:"G@T8!"6"F$;U6(*H7(&%HR,V;=$TE6"\[.B&MIA:8?C&^,MK*&9CJ,&\G5 M5ZKTY.J.)"2+ 6TT@D!_H,^;>_3;N]_1.T0S]'1DA2#93BQ\J3;3*GY< =^5 MP.$ \+]%=HVBX J%01A8U-=N]7N(E3K6ZGA^J>XK$VL[P]K.T.!% WBWF\U? M3QL'4%0#109H- "T)N*(E$M0K!_@6T%/)(%,6EU40DT,E"ZHTRH<+_Q3VPU] MD6E0BUPP'-4,1TZ&MW',"D5(55D,BMTV 1NW$F3GR 6W<9R<04K4IJ=-?0%QP*BE8 M@SOI;S_M4NS+1$,4IS7%J9/B%$Y4>&]0GM".5+95UCC.^UM/9IW ]R7&<]F M=GJSFM[,2>^10T[H#L&SFC1"!5O7"I-'X(@( ?8ZF?6CW6':EQAPX[SF.7?R M?&*2) Y*\W[N1Z.HP\HB- X&2@0'34L.W+WJI8!S\ET7B7$AB6->P XEE&QI M8I+RQM'.<&L 8*<[]76Q%IS_\*]R)JDXZ# M+#)#^8^;5H[#UQJ<<<6."LGIMM#G :%M^&C2K#3 1GE= ;?IS.<#=)J!@-T3 MP>QJ=5#T:EI;1"8#?)KVC]W]O\SL5IY8N?5[>SCKDK/U_R%W-1, NT? FJ4I M-2VV[ TQRZ3*.\CB(:I./'W.O1$YB6'IJ8.L 'X";X6LT?]YH$N;FZF")\Z* MKE+RUU]F(9[^J8X..54QQYT"M?J02?"CWCPYX$NK6RF"G:/E==* M^P[W)P2.T996:A0,YW F#'^L/I@S? M3KZ"G[A'HTVJ/QO]ULU%7QL?"%>Y+% ">Z467$^5\;R\B94+R7)SF=DRJ:Y& MYO&H;J_ M8#ZOF?JA%DM]/VHO@^O_@=02P,$% @ -SD.47D+%B**!@ M>1T !@ !X;"]W;W)KV0:#="VRW9<$FZ,KG:NK M>X[QY9-4/_6:LS375YVU,9N+;E [?K*3*F(%+]=C5&\79 MLAR4I5T:18-NQD3>N;XL[]VIZTM9F%3D_$X176094R\W/)5/5YVXL[OQ33RN MC;W1O;[:3V3Z0RS-^JHSZI E7[$B-=_DTQ^$M2W\18RU>5?\E1AAU&'+ IM9%8/ MAA5D(J_^L^) MFS+#KB^5?"+*HB&:_5!FOQP-^1*Y+91[H^!; >/,];UAAL/&&TWDBGS,%S+C MY(P\W$_)VS?OR!LB5YP?1&(VMM'[951>RU1OTC#-41<<+%E M\Y1#"1FNN#;PP9;7>Y)S@Y52%790AK4-;GL=]RZ[V\/=\2&C^!@R]2%)<@R9 M(1.-^GO,$>G^GG0_2/IWZ,D$&A]G*GTAP!?.*BM;(1RKW,D(5G=5^/[!FASN M,Q_1I_BB!_M%#X*+_FK67&&+&7A3.5F>^8B6M0SW:QD&U_)=&I82Z54D5BA# M?WENH?B0T< I%!_B%8H/H\O.=LNS.;K9-^/ 5E;)]!%C)Y<^PLGVS$?$(SR3<=1H M5Q1D/9'05!07V;Q0NE8QX,Q6*Y$*T#56A@MEIQHKK9B MT4(R\;<@=DDB&.J21# CEZ2/2=I*KE'T."SIW]DSM!.HN$K!"9A!LE(L7ZR% MYNU[VSLE(]/3D%D0LXK-93$):2A"[F>J'$QBHUSN&D+D\12%M5-<(< MAY7YAN4_R6+-U&-+:GW]';@%Y4,2=^6(SGNMP<>TL6ND/@YK_9T"2VA%R6[! M9BV-7,C-"]Q J2)J[U(]"9DB$.HR]2%M!Z<1^WCT:PZK'G?4B]PE^Q#OL/N0 MN.UP-%8B#GL)UXGM? JZ.;ZLC_KN[B#2'PU=L@AHX'H(!$23%N-.&Q=!PR[B M"SBGMU8_W^W:VTK);)> EKY ?64_&[IUB8&H6YD8*/:<*()J*4[:& D:AZVH M+ M6]27Z\C-W4G(#('$@Y8S0AO5IV'5?\@59ZGXAR_)8\UYQ80B6Y86((_+OXJ: MI;5H_XFT+]\T'KMUY8-<4<+B]%UI#<8YSDQC%6C8*AQDICY4IQ/TQ!28"8,G MQ)?_,_=1;H* !FZ'P0*-AVY&$%!KAVGL!@W;C;JCMA^WFJIO)+Q&,$% ;M^9 M8H'ZKK"CLT4M5!OC0L/&Q3;3BB+*$+$M[L,F@NE[YQ[Y^<$K;L3V?7@08@?@O$J&\%XE8U@ M6BL[:=Q $OY9P:ML @:(?!:9,-#+/PLV%ZDP+V0BLPW+7\A#+L W'6W\.S0S MU;3#0XT^C]S?ZQ#4&<#RUP.EK@;-7 *ND= ]>)64<'C_M.SQ- M%K+(3?5B87]W_Y[P0_EVS+E_$U],8N3^-+Z856\!F_#52\E;>-H58!-3OH*I MHO,AK%95[_FJ"R,WY8NLN31&9N7'-6=+KBP OE]):787=H+]V];K?P%02P,$ M% @ -SD.44UKV5OQ P >1$ !@ !X;"]W;W)K241*I^:BV*\WNJ+.S?:CVP0E.0 4[ MM9U)]]^O#00".$ [^Y* .??8Y]H^7#,],?Y51(1(\#U-J)A9D92'!]L6VXBD M6-RS Z'JR8[Q%$MUR_>V.'""PRPH36SD.(&=XIA:\VG6]L3G4W:424S)$P?B MF*:8_[L@"3O-+&B=&S[%^TCJ!GL^/> ]>2;RY?#$U9U=LH1Q2JB(&06<[&;6 M>_BPAB,=D"'^CLE)7%P#+67#V%=]\S&<68X>$4G(5FH*K/Y>R9(DB692X_A6 MD%IEGSKP\OK,_B$3K\1LL"!+EGR.0QG-K+$%0K+#QT1^8J??2"'(UWQ;EHCL M%YQR;#"RP/8H)$N+8#6"-*;Y/_Y>).(B0/&8 U 1@)H!WI4 MPAPA_;@%0'> MT![\(B"3;N?:L\2ML,3S*6F++/M9M,I73/5">99PQ(=8X@3<@9?G%;AY=PO>Z>=_1>PH, W% MU)9J')K-WA9]+O(^T94^7?#(J(P$6-.0A(;X57=\T!%O*_UE$M Y"0O42?C[ MD=X#U_D5( ]'K'"+?G=JOEUEK@Y#?!*T,3.X8U4%K ]-D5#'5='JE3J]3 MYRH6DL>;H_8K 20#?\J(\/.Z-ZV"G,^_&,6=YWD-/0;0&#;DF##CL5F.7\KQ M?TS.(Z9XKZ=(FM;"GS)+_[I,*E)23SY,9,"-^J=]$)C*6Y- MN9RT)S" R)T$C70.Q*T&XM;]N)I\Z%2O;>?M+EUP]-BT 67P:1-7VZA-7%>= M&EX4*?!_]NJ"L,>L3:B66QM!U^P:HDH3>KO#%1Q!E\49,'>P:7(&$/2:0CLQ M=9E5-0&[RXFZS_5LTX*K?Y\.!:Z& M<#@/4,5'4&["XT^IV^(.BQ>@/*X/6# MN-9]7'6I50T"NXN01LTQQ/%A51' [I+@9RH"]]GI MN-&^@ ]+:&A?Z>\*V=&UHL\_2CQBKF93@(3L5%?._4@EF^?G_/Q&LD-VD-TP MJ8[%V65$<$BX!JCG.\;D^49W4'YMF?\'4$L#!!0 ( #&PO=V]R:W-H965T&ULG53;;MLP#/T5P1BP M#=@BUTDO*QP#;;)A&U L:-'U8=B#8C.Q4%GR)#KI_GZ4[+AIX0;%7BR2XCD4 M29/IUMA[5P(@>ZB4=M.H1*S/.7=Y"95P(U.#IIN5L95 4NV:N]J"* *H4CR) MXQ->":FC+ VVA6--ZS%+("[:31S,)J&ET MF^U7Z/(Y]GRY42Y\V;;U/:6(>>/05!V8]$KJ]A0/71WV ,0S#$@Z0/):P+@# MC)\#)B\ )AT@E)JWJ80ZS 6*++5FRZSW)C8OA&(&-*4OM6_[#5JZE83#[ 8% M K41'3,K-BN%7H-C4K,KJ)9@W5LV$[5$H=B[A;#D5P+*7*CW["-[PSAS)5E= MRI'>XAEYWL6];.,F+\0=LRM#9(Y]U@44 _C98?S) 3RG&O2%2':%N$P.$GYO M](B-XP\LB8\^#;WGU? D'H#/_SOZDVS&?5O'@6_R M\/ZI/=]9#]:H7?!X@G M/?'D(/%=&"0HF-B I;W "NG0RF7CI]BQFJ+>:HE#/T1+?!J(_3;:9/$H.4OY M9K_*0T[Q\5.G^9#3\:-3FQC?&XH*[#HL%\=RTVAL?XO>VN^OBS"VS^PSVFOM M&GJD:9?BE;!K25DK6!%E/#JE(;?MHFD5-'48O:5!&N0@EK2;P7H'NE\9@SO% M!^BW??8/4$L#!!0 ( #&PO=V]R:W-H M965T&ULQ5E=;]LV%/TKA-&'%FAJBY2_@B1 XJQ;!Z0-FF5[ M&/9 2[3-51)=DK:;_?I=2HIH2R3M;!WVDDCRY>7A)>\YE^3%3L@O:L681M_R MK%"7O976Z_-^7R4KEE/U3JQ9 ;\LA,RIAE>Y[*NU9#0M&^59'P\&HWY.>=&[ MNBB_WU'O^<-GOEQI\Z%_=;&F2_; ]./Z M7L);O_&2\IP5BHL"2;:X[%U'Y[-X9!J4%K]RME-[S\@,92[$%_/R(;WL#0PB MEK%$&Q<4_FW9C&69\00XOM9.>TV?IN'^\[/W]^7@83!SJMA,9+_Q5*\N>Y,> M2MF";C+]6>Q^8O6 AL9?(C)5_D6[RG9,>BC9*"WRNC$@R'E1_:??ZD#L-0 _ M[@:X;H#;#6)/ U(W(.5 *V3EL&ZIIE<74NR0--;@S3R4L2E;PVAX8:;Q04OX ME4,[??6@J68P+5HAL4 SJE;H/4RM0F?H\>$6O7[U!KU"O$"_K,1&T2)5%WT- MW9K&_:3NXJ;J GNZ&*$[4>B50C\4*4L/V_IW_"FC3K!6D! M:9R((N$90T6#U7Q/S#+:*)::E2->&)Y1 V44#,]UDDA64@$LW$)HAE*N$K$! M:&=H1Z6DL*A=D:O<#O?"O3#P9W])YYIKQV;B+:8C=F"8-ILE)F!3-H'LA30C70G$#JR0$7FQ9/=]@ MJ5BRD>4$NO!-''$=16Z TP;@- CP7HHM+R4#% O!A*= M:& )-W6_AXMLV$YBEY4G MB:,]TH].'9,)9GA,H5RJ^]E'-QVW1]"U(4//"+ = 0X2T6Q%BR6LV4."@74! M0@8RA3).YSP[2C:1)?F(!$-V"X%92)$CNEB 8U!-YPJLO1QFZ<0S6JL$45@* M[B5;4YXB]@W*-UC[Y1"%7C%9C]DY-W$W&]I3TS4A'JQ6(:+AT4"!!MS1@B[- MI-RQ?&YP N)@Z&YJOP=XV[SLL#G#'A*,K))$1Z7$Z(9":_IDV/=M%5LG2(CP6H!L%Y.N"L6>EE2R#6*8FVB?HQTWD$)!.S> T\H"W M*A.%9<94,D=K B=DEZ;$HS9FEQ7V)9V5GF@:I)@/)9>?7KA@*RDX+"GW&YFL M8.]A%#:L$=C!_AY%PY;]<9C]0503QE)5\=D_KD=PE]?CL8<^L"5VC%\ SE68 MO+0NJ3L\2$=?78*M'N"P'GQL10A4&M M:@]7X8$D@S"=P@G8(0"#=GXYC,;$A][J! [K1$,*:U/CP3U.#-BA M%=-I&W?7"#9 GN()6[7 HR OO(<\@;B?S@N6Y'&8Y#L\N7!TY0R'@[6CZ:0= M#X?5=.*;2,ON^#B[OTX9%.= :6^,.)5/!G\Y&*/\Y0/[NH&5F#%/+8D=-!X/ MVV/H&F$R\ S!4CT.;S-F/IR(:C1G4,<49A* >$"XN$B=\+N;C_&@C=ZQ08D\ M"Y)8.2%A.0FB9Z92#.$F78G![:@[;&)?(A&K0R0*)M)#LF+I)F.5X!1G)?P] M!@#D-@$T[$$4+<_^@ME&K-*0L-+,!'0E5:THS[L<4TV9$.JG([)"'+(2>U8B MV3M+"LO*I[*HKVIFA7ZO'OX(C=?*!8F_ZSD5L51.CE.Y_Z2*.&BX73*';0YA M6:(FWY>HB25J$B;J6ZZTY/--=4YB=CO5A#F'[^+F29L97%:3B:>&)9:;R>1_ M2#'+JR3,JX=QJG=7>_$R!%4QTQGPE#/+'(P9>T[B8LN8<9@QVYO3$_(LMK06 MAVGMQ>?!EK'B,&,=.1'N$E+[*,9A$F$/9\66L^+P ?A+\RS>.P$/5[@OR;.X M>]P->=8.0+>4/9MZLBRV_!>'3\7_DRR++<_%X>.+?Y]E=0<'MPGM;69_[Y(I M9W)9WKTI5)Z<5'A5W\#4$L#!!0 M ( #8C[I/@@ ,,4 8 >&PO=V]R:W-H965T&ULM5AM;]M&$OZ>7[%0@X,-Z/1FQW43VX#CINU=D\:(^_*AN \KCP. MQ8IJ'49N319/%L[7.N+2+\=A[4F7HE17X]EDOWQZSO C\;&@;>K\59S)W[G>^^%=Y/IAP0%11$=F"QI\-75%5L2&$ M\4>V.>AO/CHE]J:/W6"R);JO:E-)/ZKYZ8R\4Y= MN7JM[9WZH&,D'\[&$7Y9>UQD'V^3C]D3/D[4!V?C*JAWMJ1R7W^,>+N@9VW0 M;V?/&OQW8T?J:#)4L\EL\HR]HPZ$([%W]'\#0?UZ.0_1@U/_><;_<>?_6/P? M_ZU%>-8'-_?KL-8%G0_0O8'\A@87TY'Z'WS7R??K%Y<_OGNOOD62<:6N]-I$ M7:EO&NB>#M7[]U?J(*Y(_>.+T]EL\B8KR]7TC7)>]1ZR4GYRJ+8Z*)XR\(W; ME 0KO0W*+>1WB#H27USIRD#2&JT0]-=44#V'_"D38CIE(R*_;OS:!=%8>[*%:('G(!8: M!;Z*QB,N"D,QQ@'O$DF1,6 "T%Y>23ZZE)LG20J5-!8%1$PIN*WV7MM\X7E\ M!=8!;,4*@^ZADK$8WD4OQY'Z$0!*Z6M]A_LV&ML0ZA=-I4Q4!A;)8VYIII3A M*5PX7R)2DK2E )^C4Y49676,+#(C<39Y,!=)ZZ4GDJJ5XJHCQ?0HLZ)/RH^= MWF6KU](PI?1!6RU5_9"L9 :VG8"T+K^]NB_UD/SW!'I-T!?H'AP.Q8LGJ[D+ MV,7IXTZV*X,Z]#K&]/I TL4CK7Z@C2[UTP".U W7D]TIU-PN22HF,02<:YRW M1M$ 4"G@@A[2,CZ"J"3$,Q8573N?)LC"5'#4E?:F;=D<"2T6).IC!\21S MSG+B;,M8M!*8M2O%],LW0169<,9NP'%.[!D,='&[$EIW7,[>L$$=@#: MRYC89RY39LE=#Z==,2R%T-J[Z8:.C(5WMYD7,%";(+M8 OZR66(] >0"^TQ0 MXT*[36Z\X_1@B)DQ#X4WZY1#BPJ&@JF;6MFF[;"?4*&@#J8P.9G ;%=!SN/E M=#2#3E7!"/J$;HNJD3EXS[IWM;HF:\-=M=%\0J3".H\ANM* C M P^B/'E[-GGD%D2EH#]G_E6D>?B+*X*XB#-6!5(3V:&)BG M%L(=[8>ZGXJP';=^0Y%DEN- 6&O/#96\IB&>>B+'U">(LSA*$)*,[(A-F@L7 M';/J\?PZ5#(5Q(IDJ:M.![4"DFCZ#+_05L*!XM/9#/DT@6<$:%U4%3,.@%GU M\FCTY:NVL-SW.$?QK T*X]@]WP=@ @3A?-\2_LLC)AT ^!=8I-&0P&CK+3TA M_D*&,,,I/O92ZA)-@RF??UVOL:'><8<0]IOD>/0B-0D66.H6V"'V_+JIM(S% MO3R'RI), [1!D9HO']94B8?2A!XJ:VW*8:IPZIB37R"'GBMV?98A:@C_ 22UO9C<@']C"&FLS5;EO392D[ M[%[5@BH;W[;I)]H] *^]<:4Z()NFJ+E%[!6ND,0=:;SBI&!8D0^^BMH%^3%X MTNJZ=^I(T3&I@9, SGOK7I3/H93'#D#JII/<"3IO'>\>6V@/S&;G*?'PL_78 MS240B8+QV-=1DKRV9$8X(87Q/61;(J01T%L,ES@ O=U-T8\/=]31B^O&AT;O M%BJ>&MUR\,AVFHZ4^ULI<&&B=QS M'WHR]1SQ4"(,"Q8NK?M8!7P:9'-:Z6IQ?YLX^ '-HUX=/@"AHS#R8W)'_(^; M.J#RC*^4)?=@D89'L@ M0N'WB'P/4AE$@5]@-(ZW],Z"VIBZ?;_BPY-WVH15P'M;5::M0,L2CLA^:VSZ MXM1MP8_JNP[QKCW88G?<^7S&1,+AU_ZQM3=[;[07:8/4SOQ]'D/AS%P MQL9+"ZA.<%0/TCMG>Q'=6CY3S5V,KI:?*X!*G@7P?.$ 5KY@!]UWRXN_ %!+ M P04 " W.0Y1&.B/EY89 84 & 'AL+W=O(U%#&@T%U_BV$Z L1/O^B!.?.(X>5CL0XML M21U3I,(F9ZSSZ[>^JNH+)6H\3G:!?;%'(ME=7=>O+M2+F[;[Z-?6]L6G3=WX M;^^M^W[[[.S,EVN[,7[>;FU#5Y9MMS$]?>Q69W[;65/Q0YOZ[/+\_,G9QKCF MWGS/\.J[_FL]-9%L;;5VW] MNZOZ];?WGMXK*KLT0]W_TM[\I]7S/,9Z95M[_K>XD7L?/[I7E(/OVXT^3!1L M7"/_FT_*A^R!I^=''KC4!RZ9;MF(J?S>].:[%UU[4W2XFU;#'WQ4?IJ(KQBU=:9J^N"K+=FAZUZR*=VWM2F?]B[.>]L-3 M9Z6N_5+6OCRR]I/B;=OT:U_\T%2V&C]_1G1&8B\#L2\O;UWP'T,S+QZ>SXK+ M\\OS6]9[& __D-=[^+G0?]^R[Z.X[R/>]]'_"=-O7_MR7F3+ M^VQYDY;?ZO+/3EX:[SSN))/VMND-;.79R:]KR_=OMJ;9X8FA,4/E>EL52]>8 MIG2F+CS=;U^LS;4M%M8V6&=K.KK/-;Q"5]'=EK2Z7X\HZ!PMLJV)M2O; MV,[4]0[7[;:79WNBX$/#.[['/K[XZM__[>GEQ9/G^M]_7%V]XS^_?J[_/2C( M2=&SO>W<)J/3->*\V LTE=""]5U#,AW8/?BB;PO8>7%Q?OK/PG@RLJ8RV'ZQ MXYO?VW+H7 ]EP"(_?"K7IEG9XE6[V3@/)S4OP+;$J4-*,HZ1\X%G*NC@A:G^ M($N7[V_6KB1.=786N-!N70/224CX^-8T9@46OK6;A>UF16-+ZST$CN.;8FE< MEW;"8XF ;>M=Y -)G'P72Y^$#UA$F"/4TQ775CXHB*WFQ171[ >0F1%. M)&,E4S1@=DVK$[\Z$-J8?NCLO/A9-J%OPLYAKW[=6?>IV(C7L/ :!=F\ MC3;/FS1M'\_L2&M<4Y&"P[D'%H7E2:0+6]A/6V(T-%=W6PY$_\Z:;G[RNFU[ M6D_V[LUBJ VQ< ,ME1/%4XLTVL'3G7Y&BT)5H2>T"?14M().R)\*4ATS/WD3 M[ &'[O=M:DHO9GS;*[F)S J*M8L:9DQ:V?%L"U@G+5(W_N!#5=9.D7KO/BI#9O<6)$,+2X:?-,. M-53LS\'1E35\:OF;,E_L!JUZ;&I6?'+]$693U4 M5B[0?@O3?/13M]+%:QL46#3:%Q_F[\F2">$0N3OU$6J;#KZ!GHN'(*XU)*5^1XJPHX]=09Z.CO/!,T=_\+W;P*F)IQ4=$0=U M"[]QE+)E9^9H9:8&7C!PF7T6(2DV>^+JQGPD[0];\?D-B76S58<'O3#+);R0 M6,VV[2# H/^P9N^MJG;MS,+5R0%F(J4;B2Y8-G8^]HSL I]ZZR'9$H^0TT'; M!B4 =MUX^E -T;[D(0XP[+;(5Y7]P-Y(7$+):EDY.G97++MVPX]%)B%XDA8D MIE&DZPT:@P"!?[=G4ESB^^"MQ-LHX$D%-?!S(GW:'9,6 4[!S:'HZ M:S7$@ZHK8J??WL EB-L>GQ>/][LM^6'$<6(?+>T(E58,F2OP8^T(S':XHR![ MZ5;0@J4895L'D Z9=L["\01VZ551) $UY,\9U& O5Q')] E;M1T!,=N1$\7# M9-NM*Y,"S8LIEE66] [,"52PJ.@X"98(N970NS+P",+?P!$XW#B6&I;-@(V7ENX>@IOM"&-Z0%O6U.><,.8@6.PDGH6=H9((?B M2/2EHNMZ*@K0)Z]$.)WS'Y^=O,Z 4/)EO/&6E(%(Y5/Z8?%'< 4A_I .D&&7 M=$] !TG3L?C8TT[YXMFT'9A#20AZ"CMO:P-- S$;\P?IC8@><9:WJ"Q#&?:) M3=LP6"&U.UU8";9Q _:2RQ$+7#]D'I C8].R@\8W37'_XIQM!L(#BF5_IIXA M[FLXE,']58B3',3CW>:S)"KW!5PQ-M:C?DM0*804 2 MN'$T$,GB(\FP78P)A/WHRKL0"E.THWT!I%3](6C:"$!HE#.PD \\0> MMC@0 M;_)!0 <,)R]A!-+M(Z+'3S)&Q3$51@!)2 M [L')R4ZBE41.,GT(7@2(;>5#PM3LW?CZH+J__YCB*@;X@,[^65^!E-=B]QT MM;HU#3PSIPP,?XEV+%=9BL4P(]Q1+*UEO%2V7I"<(M8^ "^(:98P.OG@,BA- MB)C1$Y)EPC1&#\+[P,$$.<9[8>I"D%N8)>H5E1U4,23QFE%(A IMNW;!_."8EAO]#1& -'AHY'H;SL5W MH2SZ*:V M\_G9R?MEJ0OI7(#76%\8HU<$;@3;@<,;B ?%FJ>S.\G!)H\2^Z$H2(VRELRO3L6\Z9/3L4$RD@A R&PRE MF#NMS44NTCIQY\)!AW/NI)P" ;B[MASD0YE@3I'-^;1N8+\?94"*X)9D?C[E M1]A\5FCY9)_9@4)B-=%/?.9$H]Z%G(PI9Q[R7\AUD^=+:Q%P0<4'&G+%L4J= MR^2I B0'4B G35L%,47!/,_@"9M:AN)591. -\R%'=\XE1$<8HR]'('QJL00 MX-%3N+]!0S*!G*_ 'RK'H 7JRK>53R>23)H+&2,B]> MLGOB\)JV5V#KBS^&:H4O9IJ42VP366S,#NY(&<8N?9]=P4/>=H_4&QL^)J*A M*(/AHG-^&S,VE-Z 2U!3XTKU@N%D'QTLU"5CY<+6CF0E8J)(M4O518!Z*8J3 M[>6^/??$\^(#5],8E9-QP2G!Q ]P!T?+[;9V?%24P37'S$60?)2&>B\JF0=> M">MC!%N:K>M-34HF6/3P?BGF',($2GM:0I6]S0KF^<-X;#D(=/_CHF,))F4SU2N&\ MSU84A<@>.,!V$EJUY(]XA<96KR:#[VBM%1=LN"(55%WU\U:%QPI:0!2("BRK MO1']?J^Z AW$!7*CZ&:<7!T^\6SJRY00>]U?,D U $)Z0SID[39.N#$CK[LB M51%;S,J=)(#.7-M: >QF,S2ATI1NP4:<16ZWG7'>U,B\4O?M8%%Q?I0 6(K' MC45>'B_MB33KJ',A)QTXY:+B$E(.SUM)D3-+'NDN5*Z MS6+H?,"S$\T/+7:&Y"*BJ-2"NDJ ],IGKN9OJ=9,FPA9 RE7LN!9YB?O+>VVXC&YE0@I&9VP;&YITP*[Z>.AH:;J/4V[,1V9_O+>BE,5+[:[C6I;W M6A_G?(+3W:L Y@$GJX6='Y4!?9 MEV=\\M7:V67QPR=;#NPG?UY2.D:29N3>A^NIY)E?EVM)!?3:N/ 8PSX['RR9 M='H!3\W@*; %!=DQ6P(S%K8T [F$PCP8<73#Y3SN++1+)Z:!]#;T1[#0LJU= M&_HHM65CIQO(1MK:/B\6#Q1O'V-BQ;Y4\=\H<8Q991)N+D$I+C/2XW"T5X3C M,)6,-M'ZO"C'IZQ:P1L%XDUOD-&1F6R_.+;V:J_LWJM&8L3'!7 MO&YH(K+G/GSX>P()[.NZ41/ MP^TQHI?/E5T>UQ"G=&MR_&3DC&\_G+BXHP=D_ZV>D'L\7WQ8!E%TX^"S*HM6 MD+F=_2DG3\^X^_OHQM-U[M_L.+1_&;6>:@ZIUT3";=UIWI.5CEYB#M[W,DC'%*X1#_S8GRL M[*Y0D5^"V]EA&T' Z4CSX@VJ_U*OFN6S&G^/XOL/G^Q+_?%?9/J7>XI4G+_5 M]#6P,D<.R.%4)QXGX\O2=>1W_AQ,UW,(68[YP1Z2'M5425;/?$4^DS>U?#!Q MW4 KY5G@/F6AQ+F_ ]F A%>2_;--D?<18V1M>)P9XXW)2"!O0&X,H$80?JP= M\P&F);-&FXB$,]:,.W/?MW=6N.-Z=O'D8J17AUJ%<./'-;#L$%+VHZM9AOM9 ML8O4)X0M6W6 TV&6\_C6^?)WQ6;SD]\5J,0_BO:F25$K<"B$H>,A.(6K+/;1 MO^Z:-2<58G065J(NP'5L1F1Z/=64WAN)G(ZKI G[&G0DYDP%Y43+:':+-3=" M.ADTO?_HFSV'>?_QTZ='(]'W^=C:_UXP>OKDF!L,LUH@[,G7GW66T[-J0 EQ M,NW(&>[LV:<#RC=?W^+91_:SWPGIQ5@X64:%TWZR7>G\6%A $V%X&QI[""U MQ,6C-,SS)4YD9.QQX/:+[9RG$)5Z'^9!/KHQ+7>WZ7?Y7'+Q[.0G&R=BO@+G M'Z3)91?"&S=WL,T-O]H"Z[PFF$Y<:P8V#:+J9\Z(Q52\SD'G;8N,6!W(/'D- ME?H-)O1,_A9S4N"=9D#3?*D@\U2ZR*UP[8@D2@YVAZX@GV-RS9:H*@8O@4@W MRQ:2O&/,4*Z\J'?EQX'.7+/O"#(2N'NX9 (,,F3T%RF;_)%+.!<%@^7+Y\4_ M!QZ4ED E+TJPW5"2_]'J6+Q,%V!F05-AC$&D<5HT2<>/Q82<[\]OYWJB";>E MDD%>?KWE85;BT Q!R.Y2&7.Y1'F@"Y/B0[F\O/QQ0.FS&)SSBA=^&]NULT)G7B&R[$6J"I/UO4Y-_KZVC44KCJ"3 M=]PH9L?W90OTAP1;0G#'7E@QTZ P)HJGU/WC^,K;FN8NGNLNY1F)W160V="I)Z M:))=;\MUX_[D%%74+WW#U&6ZC#XW=SM%O*7MF.]'ZI"9%LZT&I*?KNCB&PXC MY=69S332,B_>A9'GHC>?]!FMZV:5[7$O*)_2BN8Q+M'XV$;*>CB 1'@TM)&F MJSNST;@/)@BD-2/13I5!U!*(6&9R@I!H7%3FTPFVS@QJ%82S(//.-1 MEJS19N"C+PUY3&>ZU/_?%\MGFOYYWV\,KS"[QI()(R@2?^,94& -$P(F3K6$ MCH9,J%$2L*P'--13G8H8ZJJ(506G[#,OF]3/E7T!$,WE_Y(#&26X/5Y03/U; M>_V-+NO5;9M0W]70J*>8;7O]X"&>@+5N!@ZDQE3NH]X)+!H/'+ M%N-B_*;CY?GSUU?O7_*?%\\?2+VMFG[LPY9?JPG/7;W_$!_[J9WS]J?G#\E' M$A?C>PEO-HC5BKCP]F,D[4T6(K,UPSIA;5+Y]"5*I%A.W[.B2(O12!_'O)?3 M;R&T6U>.3#HO4<0W]\8OFWSUZH=7/SXHO!X_<(84D*#TDSVJ1(D\Z=\UQL-B MAX+NM60TM*KN->!B =/(@E& W97@Q2" 6KBJ;R[QVGI'& MQ:QTY#1=4LF[3F^SF4N?O?YCU:6/IE(8#%3M5K_FT<*;7/M7@Y-W?9'UQP:@ MR%"?Y'X'X24F#(@4KYA")<@+E'U(.O&21'0Q1]\1R_(#?M&2,QXH@!H:VX/BHZYJ52\.#J' ),]MH=8BN00R^3[ND"#D@\H,A2KM%@EX-'5NA84=)= M1K.)-;00A@&E\Q &M+AOG@W RIA46[>K'7?9U(VP>4J[:G0+6ZR"87^,2?+" MB+Y?&8! C# &",I@U(2;=EH?I#@:PY\?MG$V()<.ET-YV#?;+W\1<<^6]45- MYB^71MNZ&K]$G+UWF;K3,@>3VKFEDVG*]/V. MRB[&U4^"597-Y]]GGR5OAB'=4ZWTG4JE3[E$4A*;1S6-W[]BES-:/DSWB0H? M,$B\$H>%*HTX$Y#<:M.0O5._-]+>H0;"+2WMYP)4WMF%QE@5AJY*?0UG$/7F MAG+V,I[T1D-*%^OF^CG-+1^^B;ERUSKPJB6N+$5)5;8PCYB?L'9+.VYL1I/8 MQJ%M\;4_(2ZB!$2N[ND7^]NGIRB4W8I%HF?]0H\\]L+8:.Q_$;*B+!)("=F' M\2*9,'-/=P-KC'P,DG,((GCZTXN'>R:1+:PN)BHGV9SCO(SU[L L89%9D4ET MDHBY>O^J>/KH??M57$N*F/(OJ,T03D!#K.B] FRSIF*:.W:^%I=4X89/? M3(A= SGKY66.7?=_,B.*$K-YNC!^=\(_3T/74P1)_4!/\A>(.@\O0$^2DQ/R MV:4NA)'@'Y?5MVRGK#4_EWW+=SX)74'R#*_MHALPJY2E/+EGB-#\4EE0FYWV M5O:$0GH:O8#^,$5&^><%PXY*%?.ONBD PEBN+MZF$O6$IXE(+[[B"7\@XCUB M.XS CI3 25!R_*?@XS05D U9/&C8L#=%R^_(5M"H8WMQZKLAU-FL9K(2CY(# M#%229ZAYYIA['P;L 38N1D6),K @X!_A"Y.3*>*M&GMH0+//R5];*CF!XX;Q M0<$4%Z8:U!FTJL@+/2 M;8":V>UX-TDD@L+*FOWH(KU$0B::^HS,:7ZMA(O#&&GJI' 1F W1-,T0_O#7QB*K2?BU=@KB%"1 M(,KNT:6P!4+$_S -^Y\+;7UI<2RDGY6KTIS'^%WWOY*$?BXX3OU8V%GV:VT; MVZWX-^GXETF:7GZX+7Y;A)^]NY)?>TNWRV_FO37="KI;VR4]>C[_^O$] :KA M0]]N^;??%FW?MQO^ P : < !@ !X;"]W;W)KZ0< MU6F: $._V")Y][R0Q^-B:^B3;1 =W*E6VV7<.-?-D\16#2IA)Z9#S2MK0THX M'M(FL1VAJ$.2:I,\34\2):2.5XLP=T6KA>E=*S5>$=A>*4&["VS-=AEG\?W$ MM=PTSD\DJT4G-GB#[D-W13Q*1I1:*M16&@V$ZV5\GLTOICX^!/PM<6L/OL$[ M*8WYY =_ULLX]8*PQN!6,;G/68\4OK$P^][]-^#=_92"HN7 MIOU'UJY9QFNNS?8/W/N9>;S*M#;\PG:(+8H8JMXZH_;)K$!)/?R+ MN_T^'"2B(+*U\*)U8+,%LA',YK_"%9#-HN3VA_*C2->E9SG M5N^-0PO76*&\%66+Q_ >W2)Q#.T#DFH/02,LW J2IK>@OPN'-1D%I2$V@&1A MVQB.O^5YJ86NL ;'2%U/%:,@F#7@YUYV?-4W)^EV4#\F MY/K*1M<\R"?1N0,N/QS++P"]9K.J9#%%YF>S5\>'>\0\-6M[O#'<>+31OXJJ MHEZTP7AOF2)LY0.6 8^ON%2]@G7/DOF0Q,Y[>@#)9\H;;F%M6FZI%EY*S:E< M""S3'LVC&WEW?Q"H:V_T.^UY&OT29=E)]-&?T1,Q693-9E%^FD5OT=HY=(;< MT(BY^5O6Y)-8OR#-6ST>M-2544/!1B^SLZ,HGQ71!RV43__"D;6TE>GYF!AK M*XC/8G2'-:=D1]$/RY\EY]/\1]A^"FD3>KR%P#(TPG%V?$;.A^[Y+7QX M@]X)XLJPT.*:4]/)Z2P&&OKZ,'"F"[VT-(X[<_AL^"E$\@&\OC:L?3_P!./C MNOH*4$L#!!0 ( #&PO=V]R:W-H965T M@M%NI294BR;)S<7RILIUD)E.366^< MF3QL[0-$0A)B$F T(KVZ_=T [S(4CS)U-3NBTV10*/[].TT>;JV[M:OE KB M2UD8?S9^N!5DRM_:6?KS-SX934D@5 M*@LD0>+?G;I214&"H,;G)'/8'DD;^]>-]#=L.VR92Z^N;/%1YV%U-GPQ%+E: MR+H([^WZ)Y7L>4KR,EMX_BO6<>WA\5!DM0^V3)NA0:E-_"^_)!QZ&UY,O[)A MEC;,6.]X$&OY2@9Y?NKL6CA:#6ETP:;R;BBG#3GE)C@\U=@7SB\*N$6:3 DX M6%PYE>L@?K'>*W\Z"3B EDVR).PR"IM]1=@S\S!P7^7)NQ.)R.Q&PZFSX@[["U]I#E'7Z_M>)?%W,?'*+DWP\<=-0>=,0' M'?TUL#XL[&@LMN5E45[!\EX./JR4N+)E)'@6*R54T)Z+*5=7OR@C0@K6WMI!W6=22L_ B_X2@ M1E8'+YX,?K4!XMZK3.D[.2_4X%(6?.8KW"KGRHG# S[BQ>#O@X/#0]Z 6M"L M%[GVE?6R&,R>#SXZ'=03NU@,?CAX-GWAT5=B(LL MLS74&S07_?,D[%PJHQS@V8BJD)G*!8R5 -T\D5GF:ED('V2H"86Q&H_('4[= M*5,KH5F871K]'Y4_%NN5,J*2FP@'R2XM_H25-.)X*G*Y\7CL@\AKA1C(X0)@ M2$>/4 ,,BB;M%)5RVN8Z8YUP%%4N"%'):RB+8860\E[8AY^/FW-D:!1HU MU3D"#5;V,9RK0L-)T3]WRFT(*Q+D%+4V J0VE=1Y/QK@SLK9.5USBG9 QD71 M&EG&,)KKHB#X4!M=0N=>9,FJ@A9Y-%0N<2Y\W_=)Y;3)= 5[YS&X_7A_;@W> MXMP4+X040]+&NX+ >:'1-7*._1S&F\\UP[(;]"/>'6S L9T,67@+?V9%G5-% M,$&38H&[+0"UK7 ^6N30.HK=P=9Z=!N'D/LCD6'U;:=W(;U&.=A)VZ MY-C-I%^)!?>PA;-E>_A(P/W1O]L8-QH"8>@/>#F]BPV'1*,Y8VABZVJUO>0ES,OUG)_)-AO[5$9\AEJIB%%\[002=054&XE+ M2B&(H)!+$1]CAE1MQ)"MF>0Z[%3!6G)G<)5UDM)5^UM*[84N*!RN)2@1ZWIP MPGG:L(SURGK*G3E$41U^$B^I:) IRUHZ=$C\(CHB&V-P!"D#G:L:[3@#6N@= ME"Y8B7)\!Q4ZEDDBD?V^IOSRM#FVC'?6YEU68N?-(UE6)]>,MT(=1K3?**/Q MZS?C%1II$C;"0(+C/Z!DB+^QXD[?DO* MT>)>[H-\EK4AY&6LP4&'FD] ,7_;K?N18-B&Z400M"V=Z_6@=,P[;IV.'(@^ MOT_>ZRXB8.%/F-?%/U,@7+4N3[,:BCE'6/IY;>&?C6@]B P3[R/;H4:)MM) M=4^;I@,WD:(Y:.]U?6Z%*ZT6S7'_6"QTAMVIN?1,6P!D.M,B;-KF$U:@%7R4 MUU^V@Y:(K5V/!S>5RC2T? ?KJ9WTHYB"+DT6O=@/FZI3F_MYA6S#;JQ:*WE+ M P7D_Z#&R[$HJ+V@W;8= $B5\A-SIARD%'PZMVM#U-T_9D]R7F"JAMQ,5IK) M93J,HXUP[D:0;0O+^):!F SU:]GR!/30YI)J@,FEHUQW(8%71V]HQSQ-FYJC M';[F'NN)):#-=B0X3TUWS[23%93R,H0(*-.C0BT"MTYPU0S!022'5NT%CB8C M-/6ZZ*B>ME&1QH8WT+<]L-\NP?ELB8)6 U#4';@+'J[G/"<0Y=I7HQA5XF@& MN?"Y3K7%0;4L=&'8\&P>&AEP$!9""4Z262J]M' .(^U:<8UK(._X3 6NMR0 MF*>!?K7#=%M*,#YD!0JJ7M#(LY* 60*?HD#Q7'!B-V#1$3W@6,(G92M8BCK# M1Q<:N9UO@4.!/.O<7LM$()IF,7-57 'KNF9.W\UD[#&+4\YQL/D8VZ2'FM0,$398ME M(D726-S03-T&9AR'^\6AC9-40C[*@ V_P,#QH'VWL;]W*1=!W K.6]4:0IBZ M+8@!!=DZ:G3 F!;)>@H?ZOM?&-LE*E86>#@QL\;U"F48R[<@8?I8 M]D;K9LJB%Q]QZ-\*Z>U0TOZ;H8FJ])H*Q+CXGB*]V6T+>%.#:3%8/%E]YBD5"!=]S"(>C5H8O_BT=]OO91?Q,U&W/'YL>P>^IHUGQG(V MG(Z?/QV"-_('K/@CV(H_&LUM"+;DRY4"<7"T ,\7%N:F'W1 ^Q7Q_+]02P,$ M% @ -SD.40IPY0Z'! - L !D !X;"]W;W)K&ULK59+;^,V$+[K5Q!&#UG L&S9><(VX&1;M 6"!DG:'HH>*&DD$4N1 M6I**XW_?&5*696^2;H%>)%*:^6:^>9'+K39?; 7@V&LME5V-*N>:FSBV604U MMQ/=@,(_A38U=[@U96P; SSW2K6,D^GT(JZY4*/UTG][,.NE;IT4"AX,LVU= M<[.[!:FWJ]%LM/_P*,K*T8=XO6QX"4_@?F\>#.[B'B47-2@KM&(&BM5H,[NY M79"\%_A#P-8.UHR8I%I_H/K!>Y 2@)"-[YVF*/>)"D. MUWOTGSQWY))R"W=:_BER5ZU&5R.60\%;Z1[U]F?H^)P37J:E]4^V#;)S%,Y: MZW3=*:,'M5#AS5^[. P4KJ;O*"2=0N+]#H:\EY^YX^NET5MF2!K1:.&I>FUT M3BA*RI,S^%>@GEL_@N0.=AD[Q">I..NP;@-6\@[6!;O7 MRE66_:ARR(_U8_2K=R[9.W>;? CX:ZLF;#X=LV2:3#_ F_=DYQYO_I_)LK\V MJ74&=W]_8&?1VUEX.XO_):@?8YU/V!ZN\7!N '<3/5? ')C:,ETPAYO?&C#< M"56R36D L'\<:XQ^$3D*5MQYH7NN>$DR]U"G8!A7>:SQ511""K1E&3? 4%4X MB8:=QO[+ -N'96 [[Z1,@"%2),9S[#9!-4%C@UDP+R)#*8S%@,*$;=Z1ZV*>DR.RS0>DLTRW MBCB-.^)HUU"**:-C)J'DDI$,SBX?(OC:BL:S.X0YUUE+G[S6A#V_P5!8IK0[ MQ"=DHW=P6X$!#(YP)/E6KCD*8\UA<"C=C%OTJL;3P'JC :W-JAYR'+8H=YSR M0WKM)+K#[!SGK(_I*0'$I^HXJ4J:P3E#^_3O)-=8F%@P=%1]E,)]Y?0YQ.A9 MZ+#(!%58YEL./0..G *A/(1I=_!AWPZ9$=B%@O<1<-IA%KFUX# NJ@V$BC[C MEMAE."Z-2%NRE/%&D$J ;AL$)Q_=KH%]4?<\W\YW"E)@\]E#FP=&@P(@,UE?+1[ZUN)38=]266K0DQ M;#C6&1X*6#RY[W*<9*++!-44%EDJX=V$B1 +RVM@)>C2\*82&?-)HO*//K>& M N$#5AFJ56P;*UY9'0XD,ILS/$Z@/TZ\2#*=78^_>GFXMHMI/--*)P? HC9Z0RM&'/97#@CA%Q&>P M.IE-WY0#^O>OO*,?HMDE/N97^%A,\7&YB#94U\,N]U'Y%BY*HNOH(IJ1+OJ# M 2UN,#'=?+601L/;C(UF-+?UZR?ABY<:OJO_95P$VY"!_%PG[SG!CVQ.$\+ M5)U.+L]'S(0[6M@XW?A[4:H=WK+\LL)K+1@2P/^%UFZ_(0/]17G]#U!+ P04 M " W.0Y1%EWQ- 4" "0! &0 'AL+W=O8M=:%&4 J29.DV09*R%UE&6$JI4#MI-%BLUM'F>K5=^/I0\$5B[\[F MX)WLC7GVP:=R'25>$#98D&<0/!QQATWCB5C&CY$SFK;TP//YB?U#\,Y>]L+A MSC1?94GU.KJ-H,1*= T]F/XCCGYN/%]A&A>^T ^UZ3R"HG-DU AF!4KJ810O MXSF< 6Z35P#I"$B#[F&CH/*=()%GUO1@?36S^4FP&M L3FK_4Q[)\JID'.4[ MHY0D/F5R64Q,Z--Q,8*W SA]!;R$.Z.I=O!>EUC^B8]9R*0F/:G9IA<)/W=Z M!O/D"M(D32[PS2=W\\ W_[<[^+;9.[+D0'D4^P9G?[,8 MGW6)0GL(=\$Q>Z=I:)@I.UVWS=!EO\N'NWHG[$%J!PU6#$UF;V\BL$/_#P&9 M-O30#] M8 0 !X+ 9 >&PO=V]R:W-H965T!C5/,A1WJ A7-K+7)A:.N MV02V,"@2ORC/@B@,3X-<2-5?S/W8O5G,=>DRJ?#>@"WS7)CG*\ST]K(_ZC<# M'^0F=3P0+.:%V. #ND_%O:%>T*(D,D=EI59@<'W97X[.KR9L[PW^D+BU>VW@ M2%9:?^'.;\EE/V1"F&'L&$'0[Q&O,N-]NT&]][!3+2EB\ MUMEGF;CTLC_K0X)K46;N@][^BG4\4\:+=6;]%[:5;43&<6F=SNO%Q""7JOJ+ MIUJ'O06S$4%4;T@\KPK1Y[EC7!B,3=Z"X:M"8T;/E2_FLA)Q9ORX S-2EKG M%G>8K]#8G^%:%-*);!XX0N6Y(*X1KBJ$Z 6$4[C3RJ46?E$))MWU ;%I*44- MI:OH5<#?2S6$<3B *(S"5_#&;8ACCS=^8XCPYW)EG:%\^.L5]$F+/O'HD_\A MX.L(9T.H07[Z81:-SBX:J//>$IQFQGH-H\'I*!J,WYW")R6=A2T:!&EMB0D( ME0 =..NH(=4&A(.5=BF0DM@JZ:UN,/:N8#SBT=&[(7Q,$6Y+FI,61.E2;>3? MA.ETA0YEP>VSP30,!V%(,$DB^4 1K8J)5.T86SK"JR@1!W[B6N>%4,^UUA8453ZIR#-ZA;A+T!9)#5)89)F.R44"HS \ M:F*Y$XHJEADR&!-F-UM)BK_,\#^YJ=)B"$N2.-[8M/YIL""*?JPP.D9,**\D0:[V&75C9JG] M5@ECI)?;429:=Y#DL3PA;_LI\Q+M-:? 6XB/7H[[NS$50AX*1[!EKFN&34!U MSDGU2!UM+*3B$>D>BI&ND:0^F%T.LE' [B0@7])09%7IB:E4[NR+K+1>GW_) MQH0DG4/W3/Y<:11'-SN"@ODJ5>9OR_<++]BQI$T@"P6CG?BV7%ERQ\>L&$; MMO^P7D.XZ2 I[5Y%:1*(-OD0W"$J',[^'G+]2'66\!GI=;W7%N_I8YISY!/J MVYK(9; JIX)-R-O6DFHLJRXM6=@!X%.,A?.YK^OJYLD0./?XC(N3\]['E*3O MW(>]!_G4'6@([!K,I,_'GJ];T06U)I,)?6-O6;UY=N;5R_%.F(TD-AFN:6DX/)OVP52O ML:KC=.%?0'0ITGO*-U-ZP*)A YI?:^V:#CMHG\2+?P!02P,$% @ -SD. M41L=MPC."P T", !D !X;"]W;W)K&ULW5I; MC]LV%G[7KR!FDX4-.!K?[4F3 ).T0;/8%D$F:1\6^T!+M,V.)#HD-1/WU^]W M#G6SQYZFW5T4N\",K MY>.[G.Y1>W!M[Z[9*>?$ESPKW\F+K_>[YY:5+MBJ7 M+C8[5>#)VMA<>ES:S:7;6253GI1GE^/A<'Z92UU[.1&W2C_:??>XNJRH9+J7!5.FT)8 MM7YY<3UZ_GI*XWG 3UK=N\ZY($E6QMS2Q;OTY<60&%*92CQ1D/BY4V]4EA$A ML/&YHGG1+$D3N^F.QGG?KMRXOEA4C56I:9_V#NOU>5/#.B MEYC,\5';R6^GE MJQ?6W M+HT&-3EA4G@WF=$%&N?$63S7F^5=OI;;B)YF52OR@I"NM@L:]>W'I M09R&7"85H=>!T/@,H;GXP11^Z\1W1:K2P_F78*KA;%QS]GK\*,&_E44L)L.! M& _'PT?H31I))TQO\OLD%?^X7CEOX1W_?&21:;/(E!>9_OOJ?)S0,A9,ZXYI MY1U:SZ-/T+ 5<[Z1.A3<"^BK< MFI@0F98KG6F_%SV,5%^T#R3[0A>\$JZ*1.]D1@1RX[R0Z9TL/$+>E Z^;&]! MG%:BT^5*FH:.VF]IJ7(K":LWM&<2*57<73M M!5Q+-:X%XJGX%A+G*P@T&='=T=6 9[\Q.:CM__J7Y7BT^,:)>VDM4ZV[S H)!@KCL>Q&.Z]L9<==N8*_""3#@@ RFW:U8 M6X7 *4B!\%D+$1LG)09[KG_$/IQ?V40[A4<#5B$][*Q=/P\!$K1DW>:F6E M3;;[$ F'3#>^$%(215.5WBH_/A52(BWY@HVS)<.1"$Y_0<+AHJ2H*)U0:= B MG77XAQ-6O \X"MIX%#U.:D$GKO\<_--BWU M !VL$,=%0>+A08BCZ$DT6RQPG& FSI=+.LY';69 8-\I2SI#NF[34\2^,/[F MP6]O-!WV45D [#+]*Z9M .A$+S.._+PX".[TE[+*>V2/FM6HMYSWH_DBZETM M^E%O,NL_(E.5&1IIX'XDS7)^<5O!>VI@!W]6?':40I6 M[.CE;/S.AS@LQW0VQ6$T6OQ6]%4HYZ!Z=B)[#*:F.,X0>Z-^](83@*O&H6&[ MTU #''RK /)V7.M5=_YTVB2#SNG7BWD/7T'M]<4/\ G').$,SG2 M>H4IGAT%]L-J=APWQV0&XGX+/*AY&6:S358A@JWZ7!(' ZI9+78)2$,ACA65 M>&U31I-[0ME6:J0)1Z"TFD#1V2UKS!\Z,2K"%D"W1Y[?N4[5CGP9[&0&Z+5/ MI%+MZCA)I-N*-?P5WBVSO:,"CZ).PYY+,"Q7)C3B9]U3HB\@88/#-J)\0X$^HWB M/$"X<9S'XMO?6]&/,'O+X1D).!_2$D]&TZ-\.%Z M6]15Z;;C\+PNW^X V0-T?1#V9<'-$$ULW2P6H3%DV'>FV?UH=JAZ-3:\OGDM MKMO>\:;N':'#%)DUX?5.U1:ZH\_&\A]%@T?-04D _E=*+G7JHV T$F7-JV1; MZ,]E\(K2< M> -"Y!"D'VZ%P?-IO&@9:'K=7&6"X^+?ZMTT5G4F,NROE? 4V>1P># MHI]JB3MGGSH"1A]X6P)N\HXD#4[LHA]EKJ*WE+U5D>RCC[6V(AX%\/DS[[^! M^VN4/;E1;9<Q8LYCYI,4;ATKL@O$+54'/<,0?9*6M>/AO'T"C-&HW@*LO.8 /,' M])K/'O::&#M:/*7!\6SY5/2&\6STM!]=%T59082VQ8W&5_'5D :/A[-X/L+P M&<9/,/Z!.?Y']#\2M0&&"]&[@0'FYPTP6<9 L%]G@*O* &3714Q Z9P!H/BK M8( K_/9&\7)\U@"3<3P>\>#1-)Y.,7RZB*\63_M'.8!*.D =%? J#Y[H=K"JC2.''+?C3#H0+NSM@<$5O0 XF[).RAO:;Y;8P6-H MM\;P3@W.&J$K1!=$JH5Y1%[.KMMVJU-R<09"^J4LPK9B0_H\D\Y#[@I5@IY5 M8?^E PAJ&+(]W-(Z:W.9D^8=62S@N:HPZ2*\>>%7&$47![2[ADT#IGVSH^=" MM42H$ #D'0YZ@IJ&BM)(V&6@M7WM1S&D"-2X]/Q2IIN _5V#H\DB'#?H,)IB MFDHOZ4%*5<3L#H1F&[7+AJ*/:D:WX6=KU:W*'5N&-^P/MH\7)S#YDG#9,6!'P$DT6+5 5JM8QR*2/@BP=OH\ WUGD53VW[*N4KNHM8[_?!>^%/5,&5U3? M@DR..D\-9$I>6(?@02=PT#AP&R@X,V Z\@8,X)RT^[B[YW708O^?;W5]K%SZ ME#S$#I.O_3#$,Q;]7!HR?/W^A[?5$UV1E)C-(:@$NMQ\/ 2.KGOGGK MQ/N,T-VFE(1AE$*;K3ET,$OFS$,A7MAT/=OX.NY WB%WJUZ)K3N=1M7U8_8ZKWTGTD38)HI9Y M?CWIGC]2+)Y$XUE]J#?1NF=X<)RK!XA_'XVGXP>[\N/IG/_/)@7:6:/_XXET MK\'?M*%^/(#NT?_#!N&_J9K%L#Z<4@T>G%;-;#1](,!L-.?_LZJ93^GO>!IN M-7JAUR8/R.(>_D]]"G#9^Y#E]IM,/#MRX_ M2+M!-*&2K#%U&"]F%\*&[T?"A3<[_F9C9;PW.9]ND;65I0%XOC905'5!"S0? M\;SZ%U!+ P04 " W.0Y1.EX !C # #C!@ &0 'AL+W=OB!(D<2$8K4DD.[V5_?(64K"=H$6.S%XL?,F_>&Y/-JY_QUZ! )?O3&AG71 M$0VG91EDA[T(@Y9W&^5X03WU;AL&C4#FI-V6U6#PK>Z%ML5GEM4N_6;E( M1EN\]!!BWPM_=9.:$HW:,-VEGP MV*R+LZ/3\^,4GP.^:-R%.V-(2FKGKM/D;[4N%HD0&I24$ 1_MGB!QB0@IO'/ M'K.82J;$N^,#^INLG;74(N"%,U^UHFY=G!2@L!'1T$>W>XM[/4\3GG0FY%_8 MC;'+IP7(&,CU^V1FT&L[?L6/?1_N))PL'DBH]@E5YCT6RBQ?"1*;E7<[\"F: MT=(@2\W93$[;="A7Y'E7HC#4P>L>?8M6WJQ*8O 44LH]T/D( M5#T ] S>.TM=@-=6H;J?7S*IB5EU8'9>/0KX+MHY+!OTCP\6W@D;^0U- M_9D!=0A?G3?J4/R#;X75_XI\^15*(SRJ'&;=%@U(YYT56^UC 'ZM-3_I:Q P MQ-IH^4O5.7SBS#?1JC^?G%1'SU]RTH ^HP?0 8R3@KB MG AC&:[L%K,8-=I MV4$G K]@;K.6*:853,-KVS)( P.ZP2"HB$ N$_P=M3F<$;#O!+0TJGV(3">V M22-!CDRD>34@1,N,)"KFQ+A2>QG[0,)*QDU5!A>"KEE<'0,?< B@=/!Q2,5N M1?"3-V9BE&KVSFIR/D<$37$\1&E<$C)C-(*66=H&ULS5Q;<]O&DG[7KT!Y75MQ M%46)DBW+E[A*=NRS/A7'/E&VX@04IV]F%? M;$D$9GKZ^O5E^/*V;K_8E=9=]G5=5O;'!ZNN:YZ?G-A\I=?*3NM&5_3)HF[7 MJJ-?V^6);5JM"GYI79ZG*R5J1Z\>LE_^]2^>EGW76DJ_:G-;+]>JW;S M6I?U[8\/9@_\'WXURU6'/YR\>MFHI;[6W>?F4TN_G815"K/6E35UE;5Z\>.# MJ]GSU[,+O,!/_&[TK4U^SG"4>5U_P2_OBQ\?G((B7>J\PQ**_KO1;W198B6B MXR^WZ(.P)UY,?_:KO^/#TV'FRNHW=?F'*;K5CP\N'V2%7JB^['ZM;_]+NP,] MP7IY75K^-[N59Y\^>9#EO>WJM7N9*%B;2OY77QTCDA\<.9>.&.Z92.F M\B?5J5RR9G>S:YR#[45;>R MV=NJT,7P_1,B.%!]YJE^?79PP7_VU30[/YUD9Z=GIP?6.P]<..?USO\^%_[[ M:FZ[EI3I?P[L^SCL^YCW?;QGW]?*&HM=R:*LKCH%31WC[W+;&$J5>5&E9FEIS6966>SE;K1V5SK"NLTJJ7G3,4KM 4] MK4DUNQ7_[IC2M(86:4IBRU)7NE5EN<'GNNGDW8XH^%SQCM?8AY3H/__C\FQV M\<+]]X^KJT_\X],7[K]'&;D:>K?3K5DG=)I*7!";GQOS)ER5*J0F'[^88?OM9YWYH.@L0B;[_F*U4M=?:F7J^-A:N99F!; MY-0N)0G'R(/ O61T\$P5?Y*YRM]O5R8G3K5ZXKE0-Z8"Z20D_/I!56H)%G[0 MZ[EN)UFE #29P<$$N?7'6KA ]81)@CU-,G MIBZL5Q!=3+,KHMGV(#,AG$C&2BJKP.R25B=^M2"T4EW?ZFGV43:AO_B=_5[= MJM6::;+F:[86B]>P^(SL50=[Y4VJN@MG-J0UIBK(YN"A/8O\\B32N<[TUX88 M#E?7':TG>W=JWI>*6+B&ELJ)PJE%&G5OZ4D[H46AJM 3 MV@1Z*EI!)^3?,E(=-3UZ[^T!A^ZV;6I,+R;\V!MYB,P*BG)#\407$VQ6:!(* M^7*B)XK=*>B.8N@;%DRW4IT8:)U#)/2N6M R0]9.LK[)8)RE2-_:G@W7L72, MUFGV2^TWN=4B&5I<-/BV[DNHV%^]H4\*8_.RMJ0&7JL7CO/,P+T[''"43X*C M?'+0P[U1=L6RR?$#Z+E1)18?!-Y>'&3(9\L*\M9V9@T?/<;2;UM!0H\8C7CL M PH(=N8U>W=#IV..("QXM6,G3@"1_2"IV5I](7?@MV(9*-+S=>,B Q%+19P MR^)&FKJ%1GN' /=FK7:V7AHU-V6,"(F.TX-$%UP==M[WCNR"('/PD.R:]I#3 MPOQZ1P <767IEZ(/#D=>XHC+?IR<=][U[)[%1^9LIX6A8[?9HJW7_%I@TC2[ MAB9&IE'@7HO?;74)TIWY>L\4A):3HR%'2!P!2?0WL78*"YH4?E[J<# .6&0# M?7@7XB.!VF'(O55MJ^[P"D^#YCX]J'<.G]GLUT#/F/+>]('?+D1P,*YOX:HEG [9CM>[34/Q M$?B*I$A+&X+\!>DS(*A6:S0"@I>:^U3T MF?&OI3C+^!=[F8)(IM^P5=V2='1+P0TODYNK31[U>)J-L:S0I/Y@CJ>"-8:. M$^&BD%L(O4L%YRC\]1S!\50@*Y"4BY[- 7VG4(#Z!H<3^W:R85_ 0:U! *:X M3QO>DC)VNCKF#5N(%?@6)Z%W:6> 3XKO(<:)R;E3$7 ZH+>706\O#X<@$6]K M[)EI *DGO+Z1D/&J.]8_%A MS!N+BI-Q;Z!V%4% M=^Y*144'<2LU9^DMJ)Y@%^\1:$9X7)DJ.J*,2QI_?%< M"P8+&W"L6 Q88+H^B0,,F*J:0R7^4F4/9Z=LLM =)#?LU9U_#/LJ1C@( @4 M%7'JX=F3TX R&!+#Z0 M#)OED$"8KUMYXT%)Q!VT+_"ULSX(FC8"/B9D'K-;%O*.(_*\Q18[XHTNT)L8 MG!D'G. ?<+H;.C#Q"JB>4@LV2PDT3 U4J.%P+K+#7U=MW2]7.SL>LK9GP=J> M'3287WC-&"(F!.Y)DP"_WSO5HA_8Y''H7QVAOTI49M="3-N7F=]G[S;9N_=[ M>[7V[D:2.=G;(0+V36[O3$"5MR'Q6I8SST6/U"QKU$;$SX4 SLP%4\:M0@!7 M=H?5DR18D4I ZQ9D'#XQ$8&S=ZTV@=!]IYDB#1]#0@"WI,1Z*T<2A",^@4!N MHLW>#0NYM?PR5R6'!JY[.>O=?@VH:$U\X BY2,^@BAO1.K=:6:L*88WS8,[I MB'8L5VC"4W ">");:,VX.Z^M9 0N#>L\@(>8)C'QI "6>Y7WJ">$$?(K,.S! MB_"=<(]>CN%9."JAV5B4"@I.:$Y?W@G>!?XG=(QKG1P3>5B M?YX 9J$J\UY$;6N7*$OL9G=";HHD"U_B\&^K214KSUCPT(NJ[CL\6A!_*>4\ MS%S2C7JI.1:SBP^JAN;7IV\GY) M^DDZYU,DK"^,<9\(6/*V X?7$P]P(K(-PKJ<'.E)D*'P)0C0"YR634X^[L8# M0_R9I]G[A6-W4ER25%CLBSZ)8H2MM'JI6O9-NXR>[(J)5!!"9H.I5+EQ!>? M15HG[)P9Z'#*G9@7 CZT-YHABJ]]32FR&1O7]>RW@RS6X<\%F9^-.2XVGV2N M)KC-;$\AL9KH)SYSEE9N?%[-E#,/^2?4*Z+GBVL1[$(9$QIRQ;'*.9?14_E\ M!CB'G#1MY<44!/,B 5=L:DD*Y%0V9C^*N;#A!\?2J>G1-L;82K 8;4L, 9H^ MAOOK74@FB/:#F>HID'P '8-8\DB(#QJ'M=50D:^D'+<4B%;$'"MI"*L>8"/K:AJ5;!I)$F#O2)EFK]D] M<7B-VSM8;K,_^V*)/TQ<845BF\ABK39P1XYA[-*WV>4]Y*%GI(A>\3$1#449 M%'=2TL>8L;Z>#%R"0C&W7^8,AKO@8*$N"2OGNC0D*Q$31:I-+)DC)9%.#]E> MZMM33SPE (P2,><49%QP2C#Q'=S!T;)I2L-'16_')>BI"**/Y(_L>+WW/@LE*$ PQA!.YZHQG2I)XP48[SXOU<%=S$(99$T0 MM]-)2RI]&:\M>F$5DMPT3=L%#5,Y9427/J[,ZVXE 0"%8J'H!SU=3B?.\UF) MCY04EO6&"/.)*+>]I?PV@IA(!>"$%WTI1THHMX\"(M5?W;ZDF%]08=0Z(=$O MM!J\S4C5>LI8D]8 F_\6LU'"9@JO\K]T,#WL1>]HA 2 M&8"N"3.B.OH9QK]5R>P8-P?WOYO]X* [=@0$NZ,/PT1 :DALD;3US^:+OJ6< M8^(MNU\[_.R.[P-&R(:E[NKTRN46-EE1%")Y80=H2IQW334$3W2S.V>_^!NM MM>32&]<6O:H[_3RH\%C!5:0%+P-8N^ZC^_M6G0PZB _(IZ-?>,@5)#,*LSM* MM''7M[+KJ!^X_RJ.=A1Z=P\4JAS6<4(28V>*!(#[R.[2K(W(94+!:$E**UXA MJ>23*K3J1I<.UZ_7?>6KE_$1;,3)==.TREA5(B&-G?:=124F4%ZD":94&L66 M\-&6.*;HXIUB8X:VD?I_DU'2.RBK7:G<=0KVK=RXA3\W#K.=] M:SW,'VETN@*ZS[D"N(SMYJN(TZ]LXO3^EI)/7(\N:1:GZNY]W$$U/HMJ?'90 M :\U0X_8SAE5XF]<8QC'X$3;I?(9,O&ZKK0?#$!JX5[W7717C0&WU^H+JT%X MMJ",TDIAN.5"J;6N!<7I'EK:@V3!DBV?&7.>J)]>4J4<#CJZY5LS-NWIA MQ$11?? M2"RTJ$M3^U9EJ=GIT -DJW6I7V3S1RX=VL?$@J.+@^>#O#XD_5&X MJ02E<<) G /T5H67 W=T'I'6%UD^/&51"P++$($[A82;G!SJ-7MF@1Q)H3\T M0A%D,491G)=YD15#,E;B,2@U(^NHX+.\6?%J09Z*D'KE.Z^B(I M-*@4)<2,$"+YH/Y;%"QUO6Q50SX9EJ"<^4B?=Y-^2GF_ZWV( T_WM%I_L0,& M05!]Y>"CI>2'LK3L:JU1LY(1(N>GMPW5IRYU,B[DNMS>]Y N-P[&W7]TB!XY M.YT]FSCUKY;'):HX@NR__1+")X\WY;,(K)1UP&;<4.UB;W)1[ MAM@.1H,X'^_.@=UTDHQ>.PRZG>P*=0QNNG M3=)&O>O&Q>(ABS5($.6YA?8!S@)Q)-R]!^1PXAPS]S._^;",+>G!WB8U.==OX.*WVS5A0#V' M[^*5R8<@I]]3'!V#G:VU)"+1SV#@AS:S7;T]'_ZAD$QX6!R;5'E0Q [^==)ML)_^Y03%?3 MDG3\AT^>GH46,Z_V\'SV./QEDOC+B_O.>R]N0&(AV?D#H<4Q/UQ MX+XBW2O9%K@0E'$@";XG.=2]K'+T$/<. *-'V*5P@=[];'BLY"G?OUF V\EA M*TD,XI&FV7OTBJ2Z.4FGL_X>Q0_/+[:E_N0[F?[MGB*V<@Z:OHOSS)$=D5UT&*:LGOB(=2QY;WINXV\#U51(<<RC?\T-:TZLE+GK M !)U@?5#ZRK1Z[$1AJVI\/&X2IJPK4%[8LY84(ZT#*8U67,#I)-9^X>/GVTY MS(=/+B_W1J*?TD'5_[M@='FQSPWZL4@0=O'T3F?3R@ M/'MZP+,/[&>[;]:)L7#NCA*T_JK;W-BAL( F_/T5:.PNM 1L\=Q<.U;G,C MV,.=@V^V';4I_2ZQVCV=8WO)\]/_I% MAQFN'R#]1_$"B?$AEMN1..HM7Q.$A[BA5($D5_5LGL29CUPD$'.U[CI*VFA+ M&.;&P ^Q(]ZLF!V^#_$NN()17MSCY=_Q,N6:T:>X["..OL>Q>DE/8CDI=44K M0SRA#&FSZP_3P453-<26K+<2C=UFR4*2? VUBJMA+L3PZX"HIMKVA@D)W'!? M, $*50NTY"FE_IG+:K.,,X:S%]F_>KXP(]%:+LRQ\UBK]HMVUZ-D( =C/JX\ M@(L L;4P@4X8&7[<(;_;NLN<+)<]B..6=[F .Z+&5[N)^5SBOO,&U" M?F7[Q;T35N*,?D9E3&]G-'_H\ M'/KW$&=(5+PC/ 7ST?6#K3VU=XM7"]UZPE^W5]!'*M,$-Y)+GW(Q9?A11FG M1@TY<8.2, \5\6627CI[7O+CZC1>I(]QMN$;PUMC21BI!7O/"',.$P MR=R0.T267,(M<*&HKJL#1>[!LKKQISC%-@T^^3O.&2=^NK><;7V MI-LP[!.F@XW!/(9U*AM:C$E?#;@0K_H6XWB):S*8D,/0C;3+)-HY91"U1%H@ M8VQ>2"9L:C-EFC]\-$7BCRF46V<4MD6RQVC M*6E/>(@Q,>[)DO%36Q)_PQE09?9S+"H,@ODNDPQU4B:T*'N,?<1B'3'4% &P M"U#:9EYR,RA5]CDR"6[)Y!S(*,OO<%$]]O;EKK&M^_:NB:5XCW)V^!HDKAA M(ND%^;JBGW-!0J/XZN\M^1RWDS\ L+C[OQ!L;&(FOO,:,%+ARL#K&H.??!'_ M[/3%NZOKU_SC[,4CJ846XZ]];OB2HW_OZOIS>.V7>LK;'Y^>D^LFX8;K6>_7 M@! .".)R?B#M?1*YDS7].GYMLL3X1Y2OL9R[>4L $/.-EPW68S?AJH;DP\\ M35H^"A?+AW?N?GCS]LW/CS+KCN\Y0W9!:<[%%E6BVY;,X@:#GJ$9R"_YNIRV M>6OF4C/B%AUCT.HUF% MW#S]D$Q/V^06I':19C#2Q1BEJ!OW9QX2ODVU?]D;^2H*5&1"KUADZ-[D7A3! M."8,0!G?@ "5(.>4=[X@@,M:P?/MO;&;I"W\/0"3 0=@$6@08 M>6 _=D.'D%_K*O@\Z>N'!([I PP*#L;]YY2AB@#'[0CC5%W&61'UM!" M&.N5KI"?;N01BV24768,Z[)>;K@#ZMP(FZ>T$@>/L,4ZC&[W,4FN?KG;[AZ? MA,"G .P4IJ.XH>IJMQ3>0U2V?1/&2%+I<*F:Q_:3_=)KX5NV[*[-,W^Y;%V7 MQ? [+I);\'&004:W8J>_1&U\)PGSR)6_WV30@0V7_W2\/C9.F;NI5>CYL#)- M:*_0Z4V6R9WD33!N?^RJL,=2A75<(BF)S:/2R?= V>4,EO>CL:+".PP2K\1A MH8B7%0C?-JZAR]ZIV[J -A]T+ZTMRXT757?DPRIU@!]<.\Z0E+L]##IG,PB29>>B%L='0_R)D!5E$D.*3(F5%,O[V M##T-K#'P,:@90!#>TQ_/SK=,(EG8N9B@G&1SAM-%UKL=LX1%)K4OT4DBYNKZ M37;Y^&R"]"M,*^&/Q*%[ZZ /LHNA1OHJ_+XXZR%/DE4[?^CTX2.1TB]):[+9 MD[3+D6J$XGL^-4H[X)M<_N=:QA(%\R" >+E$A:)[F)&A Y1R3%XZ0BI<0("8 M0.Y*%TN^Q_B;NUP4-N5!;IL@&H^$6-=Y =ID0<=49>A,SC6MQGFD?*5/Z.C( M6<_.4NRZ_8U.0908XW0+XVN1[(MX8V&,("EKN)-\!U&G_GL@1LE)";ESJ9DP M$OSCED?#=LI:\S'O:G[RPG=LR3.\T_.VQUA;DO*DGB% \S/'@E)M7-]K2RBD MI\$+N.]-2BB_6S#LJ)QB?J^; B ,5?3L0ZR%.W8/5M!H_;MQ1GYFE!GM9S(2GP/ V"@D#S# MF6>*N;=AP!9@XQI9D"@#"P+^ ;XP.8DB'M3870.:W"5_U^Y*"1PV\W>ZD7YF MUU]_%T G[<"MOA &"I)B\5CIUS= "M2?ZR;S=>@](HA73RNT$,4*."MM/-1, M'L!V,3#3V@)G3?$&,:]88-VNE<.&9#=%451_\R_97LN%, MA@MYJ?V%;!!?R\=#*!R9$G[O$M;J;D :KMZ5Y>X7X(66'/%JZ!5$J$@09??@ M4M@"(>)_JHK]S\RU)5W-SJ>?A2GB#,[P.S>^)PF]*SB.U:Y.DF\$7>MVR=][ MRM\3577RY:#AKYG_;M4K^4;1^+A\,>L'U2ZANZ5>T*NG4WR3:2O?=2J_='7# MWR\ZK[NN7O./*XU\!0_0Y_B2./\+-@C?./OJ?P%02P,$% @ -SD.4;US MI$"; @ F04 !D !X;"]W;W)K&ULE53=3]LP M$'_/7W&*> )D8^V@*JV4@M#VS10!6/3-.W!32Z-16QGMD-@?_W.3ALZB5;: M2^*/^WV<[;M)J_23*1$MO(A*FFE86EN/H\AD)0IFSE2-DG8*I06S--7KR-0: M6>Y!HHK2.#Z/!.,RG$W\VE+/)JJQ%9>XU& :(9A^76"EVFF8A-N%>[XNK5N( M9I.:K?$![6.]U#2+>I:<"Y2&*PD:BVDX3\:+H8OW =\XMF9G#"Z3E5)/;O(I MGX:Q,X059M8Q,/H]XQ56E2,B&[\WG&$OZ8"[XRW[C<^=J^LYS6T[# MRQ!R+%A3V7O5?L1-/B/'EZG*^"^T7>Q@%$+6&*O$!DP.!)?=G[ULSF$'Y36S;#;1J@7MHHG-#7RJ'DWFN'27\F U[7+"V=F=LFC@'C/D MSVQ5X2GOG.X5=*6!C[('/-_\1%YZPVF M6X.+]"#AYT:>P2 ^A31.XP-\@S[A@><;_%?"/^A!!>NV;@@&OTE5.O]KWG7E7;F_A7=.Z97K-I8$*"X+&9Q=4YKIK M!-W$JMH7WTI9*F4_+*EWHG8!M%\H\KZ9.(&^&\_^ E!+ P04 " W.0Y1 M E$3:@D$ !(#0 &0 'AL+W=O3 VW0GY6"8 F7[.4JY&;:+T>>)Z*$LBH.A=KX/AF M*61&-6[ERE-K"32V2EGJ!;[?\S+*N#L>VK,[.1Z*7*>,PYTD*L\R*G=32,5V MY';K1)M#KSQ<$U7\ 'T'^L[B3NO1HE9!EPQP8F$Y SQOKZ''M9N!I6;TZ 5\->9++)OL M!+[%>,K]M]-[D,8]4.< T)F<#F/@8)\;[A9%^AX3UECMBPPPO!@[(\Z1GAV! MC:TV)," ,R2024/"LY!P!MHAOX'O1;I]PN^10()N@,^+3O?% 9Q&>+'C+7W0 MJ_N@UUJI1PN>+';57/H=XS)SZP9]CJA&ETR=F?1#^G;-]@C1YV MT$$;H!ME 7XIW61/W8R,FZ99#I3_]9Z+?*&7>5HGKOI]$!KG7D.T M)9'].I']5F)O\>;VC%EF.)FLX%CBVO&?F[AO3"Z&PVZ%Q=U"?#6:G9_Q>JE! MEG0]!O=JI:^O?"?L&#[]J^N>3^9TIYQ>=7!5'CPDE!.4+ !L0AWSPOC^))V8 M/$WF.3PN+$*]F^52FBYLU,,DBF2.]!Z,CZ,SYOBJJ(#B69W^1_$?+>#_@P/3 M*M6S9;!YC=MM!G)E[_ *AV?.=7'1K4_KSX1)<3M^%"^^,=Y3N6)E1="X\W;+A/\U %I!/#]4F"XY<88J#^>QO\ 4$L#!!0 M ( #&PO=V]R:W-H965TLK#XT4A0;0\A%@ 1)J[82*B)I^U#U88W'>)6]N#OK MDOQ]9]=@B)K0]H'US.[,F7/V,HPVQCY@!>#8HY(:QW'E7'V=)+BJ0'$\,S5H M6BF-5=R1:]<)UA9X$9*43+(T'2:*"QU/1F%N8201.GU]P U)Z(*+Q#)*'!7RXJ^P&O__^JOT]S=):\'T?J M#+HZ@U!G\$J=:5D**:@4;06WFBK>&*4$8BC%=<%F0DJ:IM?%EB!4WE@$NO,. MV8+,AFO'G&&?:[#<";UFT[6%$/#2J1PG<]M8C^ JH!^AA/HH'IEJ#PO\83': M:NBV.H1D:>_J-*3-N>9KCS$'E8/UJPD1YWN5T*HL 5IY^5Z>?2ZO/I#GL5^0 MR#A2IJ2^09=1: HS#1(JGEQ']T'!X36+[DC*LXF=E+WA-45>SX$U+>A9"7_F MOC^PE4%BUY$M/+^_ZH[>1+T+&OJ7- Q2&BX&T121FJKRN:V-MTY]P2 M$V022DI-SR[.8V;;1M8ZSM2A>>3&42L*9D6]'ZP/H/72&+=S?('NWV3R&U!+ M P04 " W.0Y18V6:4YH" #N!0 &0 'AL+W=OQ&?[[N?_.;Z;5DH_F S1PB87TLR"S-KB- Q-DF'. M3$\5*&EGI73.+$WU.C2%1I;ZH%R$<12-PYQQ&JM()+O-)@RCQG M^M<"A:IF03_8+ESS=6;=0CB?%FR--VCOBBM-L["EI#Q':;B2H'$U"\[ZIXNA M\_<.WSA69L<&E\E2J0HQ .1#)^-LR@/=(%[MI; M^D>?.^6R9 ;/E;CGJL%/9:59^PR6?D>(D2QG^AJGT'=&)2&JOR M)ICF.9?UR#;-/>P$3*(# 7$3$'O=]4%>Y06S;#[5J@+MO(GF#)^JCR9Q7+J? MHS5LX9P6W3,#1+5L*-,?3T!+>.85)@UK4J/@ :@R72MK, MP >98KH?'Y*L5EN\U;:(7P1^*64/!E$7XBB.7N -VEP'GC?XUUR_GRV-U?0P M?KQ '[;TH:X?:90#4)=$G87A(P MF9+1/X$*-0)S+H+JSL 1EP10I2$/TP7<)%A8YT#@.\FM\:$%P=T,4GI+QZ>= MVTPC[OW6S@W?["]L!3P93DG'J=BQ]K-),1%,4_#KSIM7D[@?OR=K.!S2=])W MG\FD<^\+"E-@CZBI/X L7=:@5HU@:C'&DFHNUYU^=]R/NX.3\5^L/Z#IGJYM M_GNZHEX\\4,T\L-H]-QK"7=J,$>]]IW&0*)*:>MR;%?;9G96U_"3>]T)+YE> M_=* !==Y=Z8E7A*WJI+/4';V;4D%$[!]I?*66W$W= V^+GOP%0 M2P,$% @ -SD.496FY[Q*!@ +!( !D !X;"]W;W)K&ULU1C;;MLV])U?07C-8 .)+,FR9*=)@"1ML YK4<1I^S#L@99H MBXLDNB1EQ_OZG4/)LE)?F@(;ACU(HLASOTL7*ZD>= %G,RDRIF!5S7OZX7B++%(>=;W73?LYTP4G:L+N_=175W(TF2B MX!\5U66>,[6^X9E<77:\SF;C7LQ3@QO]JXL%F_,)-Y\6'Q6\]1LJBH77NLS1'JQ MS+2]TU4%&P)P7&HC\QH9),A%43W94VV'%L+(/8#@UPB^E;MB9*5\PPR[NE!R M115" S5<6%4M-@@G"G3*Q"@X%8!GKNZ84/0SRTI.WW.F2\7!XD;3[@.;9ESW M+OH&N"!L/ZXIWE04_0,40_I>%B;5]&V1\.0Y?A^D:T3T-R+>^$<)_EH6#AVX MI]1W??<(O4&C\L#2&_R@RK]?3[51$"9_'&$2-$P"RR3X+I-3^H4IQ9!#S2ZA M$([W/"Z5$L6:%ZYD:,;*3B!-TZP(+[KC4_M*LZ8 MUF(F (QI^AM?\HP.X CY:V"<0>9#1(D"&,A2 XKNG9,'RZP=*V0"7)]M;+AN M%\B>(.O6ZFZ_%< &4SX718'JP<&"*R$3\HH,HPCN \"$]6B$]] CC9=B62RY M0IL9235:2QC!-?GYIY'O^:]WGETO<'OD4P$U,1-_ =H<:B'M9E+K'IJ\Y226 M_ DIC>%F_;$1E71'88^$$>F.HQ[I#H:](SJ!/YYI$XP]U&84MM='(GC81/#P MQ1'\#BQ2RSUI#/*CX7RCUR:]-%UW P M&2P%F"%;TY1G";R+)3.\C1\$3>JTEB]7\]L$&/@#U#!L+8^$?]B$?W@T'B?5 ME(*&>.!Q6HBO)0H"4DS$O(# B"$UZ:="3C572VR;D"^+TNQ-@N-,;1+8 MB+)A:UMP/2^!MVP<;[UBG@NC6\*4;6&$%8:6NLX4I'(K\P4KUM;XT6O=2APD M5QC<.M<*AM%V[)/;1X\2^54<,54G*[1>;M)]H;'/)]R M10?>J0O*1RA_Z$2AA1H$/?( 0RZV&A@Q,S;"\"*A^"O*$*O %P'K1"0([P]$)[;K. MT#OID>NB*.M<7TH4/0,6Q!\[8Q>!?7?HA!Z #P%^ / [[OB?V-^C&P>X$>U. MP 'A80<,1DX8O- !X]H!Z-?(P8IWR %@^''E@#$\NYXS\@\Z8. [OF>!O< ) M @ /(F<C]MS*Q5;/Z1GQ1@=II M]L_KU2U$\1IC]SI'=J2>&.JG7S\'Y$$:EI&M\#!E<*// 5^GU5R-"\@?Z* 9 MJ@2MS1]N;IN^V5[!P0=IN"WG7-CD/*4%-\0/_)VQU0]">[T[T&IM,\7K6T3< M:S(5)\YO 7 /K]U2\F^:)G(WMWVF@8/]IAEZP8X"0R^TUT'3P"05[J+!5F,7 M_*[8(0M[<.W+\'[K"S[G:F[_4^"G"%BI^IAO=IM?(=?5'X M>/4?Y3U3, 9J MFO$9H+I.!'.WJOY-5"]&+NS_@*DT1N9VF7*6<(4 <#Z38*CZ!1DT/XBN_@90 M2P,$% @ -SD.42/AG6IQ! 6Q$ !D !X;"]W;W)K&ULI5A-;]LX$#UW?P5A["$!LI'D;Q>.@8WSO4D;),CV4.R!EL8V M48E42FHSMLT0BO59*VIM'SRQQ5*;!\%DG-,%/(-^R1\ECH+:2L(RX(H)3B3, MSUI_1^_OHZXA6,2_#-9JYYZ84&9"?#&#V^2L%1I%D$*LC0F*EQ5,(4V-)=3Q MM3+:JGT:XN[]UOJ5#1Z#F5$%4Y%^8HE>GK6&+9+ G!:I?A+K&Z@"ZAE[L4B5 M_27K"ANV2%PH+;**C HRQLLK_59-Q X! VTFM"M"^P?"00^=BM#Q]="M"%U? M0J\B]'P)_8K0]R4,*L+ ES"L"$-?PJ@BC'P)4;A=N=";4B^V]VI'V^6.['H' M96+9K+R@FD[&4JR)-'BT9VYL:EL^)B/CI@J?M<2W#'EZ\E$N*&??:5D2/"'W M+&,:S)7.6,KTADQ%EE.^(0]4:Y"*''V@4E)3/,?DZ (T9:DZ)G^1E^<+Q.B51]X2TPZC=0)^ZZ7<%/R6=T-#;80/]XO?H ME[]'OW+3'ZA$>G20?NVF7T"\I4>C!OJ-M_A&^JVW^$;ZG;_X80/]'P_O4W_OT3X]P"*J*ZE=5U+;VNL>L'=>*'RB5-E8F&:@3K ?J%BRW%174V*[ M+>92K%C"^(+,&:<\MG="$KT$=/*U8(K9LA5S CC*L3EJ6\,"$9(LA$B4'2N0 M*Q:#(H7"RIYM"&0@%\;< H/42Q+;$D?%%@Y*TUG*<%-)2"[9BFI(-V0):;(# M7#.]Q*Y.\@*A,;[7DB9@?,6%M-$[YK13SVG';T[+XX8)-D$U35/I-F07>WCR MQ[MW;ZQVMU;6_55ES_J -+>E*4T9&N&,.F3U:ED]MS'!M62SP@A2)C%BFC-- MTQ/"."X*39OTE2;[UJ0YM:TFO1#WHM7N'NJ!N?3 W+LQ>S'WZYC[SIB?:0HF MU,.=ZP5CQV+D13;#ND!H81XT-:K24V]'7H3GV4,*![7"@5/AHQ0Q !;C7(K, MEJ_RT]PDO!*'3:>L"*R8J,?'X DS;_N8SNG+:B M7ZA/"3'@,2K!U,3O+4P'B>V"*65?XDX]%[C;UT7:;]NV14!P1@IHRH9I1=^KUW[4[HSZ M/VQ?OL!+7^"U!W _Z-?.$KD;0ADT]E9LP]RT_\;(N[Z1>P(O?8%7OL!K7^"- M+_#6%WCG 2Q7)]CY=#)_.^"A$@]&BJ0P1V9X.D 3LOR2+P=:Y/9K:B8T?IW9 MVR7@R4<: +Z?"Z&W _.!5O^?,OD?4$L#!!0 ( #&PO=V]R:W-H965TK MM38W^M/)AJ[8@NE/FSL)5_W"2L C%BLN8B39\KQW@<^NW8%12"4^<[93>]^1 M2>5!B*_FXGUPWG-,1"QDOC8F*'QLV8R%H;$$<7S+C?8*GT9Q__MWZ]=I\I#, M U5L)L(O/-#K\]ZHAP*VI$FH[\7N5Y8G-#3V?!&J]#_:Y;).#_F)TB+*E2&" MB,?9)WW,"[&G0'"+ LD52%<%-U=PJPJC%H5!KC#HZF&8*PR[*GBY@I?6/BM6 M6NDYU70ZD6*'I)$&:^9+VJY4&PK,8S-9"RWA5PYZ>KK()@J))5KP5Q M1A>^+Y)8\WB%[D3(?Q;]/A2CJ CY7I%+8C7X6Q*? M(-=L0UJRS%3QNMS)_>2R*K6!EZP9C5S\DI&N[E3GSP0JV M6'E6=;>80S$HF_>U^1SO(7-=E7#PH9)ZE,2S2&%K3^ 58 M! %4*QI"C81$ 5<;H;C!;V66-W]!GIFKX5Y\3B7+@Q)7PUJ.V,/-.7I%CIXU MQT\QD&?(_V8!6N7I+BF7:$O#A"$:_)7D"0+COBA?KY8-P>/G^YT#YB>2U@@TN:QN[/@>#$G-^.=P\QS7*=/UJOVLDW,;#..26+&= M6?]#.X_1+(F2,#TDH8O(5+U3ATNFQ*/7[G#)2]A.3/]?A\?U+3-I[AXIV8;8 MV>962."8BXA)*%'1!/0/^K!AYA0+I;IG6Q9#Z!TZ1$J>(:_-,Z3D&6+GF=O$ MY&$V"*)(,C\N*LB\_>0X)W5":8%#4E(%L5-%&8UD&^A&NE@ZAE/'Y[9P2G0F M=G2^X3&/DJA3MTO$):^-N*1$7&)'W'OV+>$25B-5BD%%LW4(Y5X",,4^IR$L M/:6Y3K(SH%F6/E5K%+#T8-BX%DD=2;&3_;4TH,138L?36Z$9C(+/^-:, H E M#"D701I8G#YE]&4"42M-==(B1V>;^ACU_EV2Q1UG5>>;[=$4A?;^>9D<8(^ N>H!"(PHRR3##LB M*#?0R5/>CZ;"'[!]N/!NB;JN'75G^VOJV 2:I*LRI?^FK:Y;WYB38?60=D#H M>:Q[3]D.8#*LP<:13E%Z:]X$I.P=;8#9V]#Y@(\.M2U!V[6#]J%5F,=L'F_9 M0[:[L83--RD;Y?J-R_Q&&ULQ5;;3ALQ$/T5:Z5*(-'L)20!E$3B4E2J M@A#T\H#ZX.Q.LA9K.[5G$_C[CKUA"31Q6ZD2+XGM]3ESYGA\&2ZUN;#^=\!K> 7^?7AGIQRU(( M"3H*#C]+> 4 MJLHQD8Z?*]*HC>F Z^TG]G.?/"4SX19.=?5=%%B.HH.(%3#E=84W>OD15@GU M'%^N*^M_V;*9V^]%+*\M:KD"DP(I5///'U9&K %ZZ19 M@)DKP!I?PN@NP)T M?:*-,I_6&4<^'AJ]9,;-)C;7\-YX-&4CE%O&6S3T51 .QU<:P;(;R$$L^*2" M/79%M;-SQ8WASN!=MG,&R$5E=]E[EFN%AIP?QDBQ'4.+06UM*%]VH19@D?8/[K%K;I&=U<#N/A,) MNT"0]D= PGXK8=]+V-]6"[6<@&%ZRI2O"M,*L8QVG-+J/<]S4_.*6>18VTUE MT(3H^1#N#%F,R=S%NJ^A&2]T]UK=O:#N+V"D=;*QA-^D;](8IMO/F/2E%K"T MWTKKARU]I6:/]B[61N C*SA2MP";&S%W1]HFI6'VDB_@)2'%XFKFJFAJM'2E MG9(K1M>STG6R0$J#-J5!,.BE4$+6DMU=@BN74.$=M)0';U7[AZV$PW]<**$0 M#,4E1W%C%84)T[33';P+*$N3YR,Z"3O.'_[6\73MW$_?RO,T>Q:1_6_7_\"8 M=CN'_8VVQVN7I 0S\V\'2U=:K;"Y+]O1]GUR[&_E^'EZ\[BYY(;VF&453 F: M= 9TH)CFO=!T4,_]E3O12!>X;Y;TQ@+C)M#WJ:;$5QT7H'VUC7\!4$L#!!0 M ( #&PO=V]R:W-H965TNX'G]5U.F7#B<;4V5_%8%B9G N:*Z()SJE[O()?E MQ/&=MX4GMLZ,77#C\8:N80'F>3-7.'/;+"GC(#23@BA839Q;_V8ZLO%5P%<& MI=X;$UO)4LH7._F83AS/"H(<$F,S4'QM80IY;A.AC%]-3J>EM,#]\5OV^ZIV MK&5)-4QE_HVE)ILX0X>DL*)%;IYD^0&:>B*;+Y&YKIZD;&(]AR2%-I(W8%3 MF:C?=-?XL ?P>T< 00,(_A<0-H"P*K165I4UHX;&8R5+HFPT9K.#RIL*C=4P M87=Q811^98@S\:,TH,D3),"V=)G#)7G$HW/^P 3C!2?WA2D4D#E]Q9TS^X$7 MY'P&AK)<7Y K\KR8D?.S"W)&F"!?,EEH*E(]=@U*M$1NTLBYJ^4$1^1\*L0U M";U+$GB!UP&?GH;/($&X;^'^Z&^XB\:T[@2M.T&5+WR7.S]NE]HH/( _3U"$ M+4584?2.4"S8CG I3*8)B)2)-<$B@"]!-85T^G!7)^U72>V?NHU]OS]VMQU* M>JV2WDDEWX&J8QK\+@UUNFA?0Q1U:XA:#=%)#;7A:L_PM9*Z\R!%!^S!P.]F M[[?L_9/LGT'K&[*1RM0]"ONBQF-O#2D$NB,@Q?-M )<-#A+)4: TR6O?R#O MRA]VRQNT\@;O,J>+=G#H2A1VTPY;VN%)VF=!N;7D-U:?,IW(0AB"_I14*6J; M0JT(TBX]PPX;CNS2J-4S>N<9.;(%HX-_).@%+7?=3PYC(K_WCSYWK[W:J^V! MJC43FN2P0I1W/<#R5'U=U!,C-U7'74J#_;L:9GC#@K(!^'TEL81F8IMX>V?' M?P!02P,$% @ -SD.46^Q'-&1 @ L@8 !D !X;"]W;W)K&ULG55=;],P%/TK5K2'38(Y3=? IC12/T" V#1M#!X0#VYR MVUAS[& [[9#X\5S;6>A0%TV\)+9SSSGWW)O<9#NE[TT%8,E#+:291I6US06E MIJB@9N94-2#QR5KIFEGE M:!+'*:T9EU&>^;-KG6>JM8)+N-;$ MM'7-]*\Y"+6;1J/H\>"&;RKK#FB>-6P#MV#OFFN-.]JSE+P&:;B21,-Z&LU& M%XO4Q?N KQQV9F]-G).54O=N\[&<1K%+" 04UC$PO&UA 4(X(DSC9\<9]9(. MN+]^9'_OO:.7%3.P4.(;+VTUC=Y&I(0U:X6]4;L/T/F9.+Y"">.O9!=BTTE$ MBM9857=@S*#F,MS90U>'/4!R_@P@Z0#)2P'C#C#V1D-FWM:2699G6NV(=M'( MYA:^-AZ-;KAT7;RU&I]RQ-E\)K"/3!9 \(T@"PTEM^2S,@8,.;YB6C-7YA-R MO 3+N# GY(AP2;Y4JC5,EB:C%K-P7+3H%.=!,7E&,2672MK*D'>RA/( ?C&, M'R4#!!3M]S5('FLP3P89/[7RE(SC5R2)D_CN=DF.CTX*E-#XCAW*;YAM"06R MC1S;Z'R0[4FRX[YA8T\__H^&?9^MC-?Y,2!TU@N=>:&S%PD504AXH4--#V2I M)W.C8YO'&=T>T)_T^I-!_:NV7H$F:DVDLFA.0P%\RU8"U_C]2R5?LZ+0+1/$ M6&9;0WZ3@:[-@]KD8(*AKT,13RRDO85TT,+'NF$<"X=?S!:,Q>%GW6*A!;_RT-%BD5MHP(?K3?B#/_!RB?\/#-+]D>L.E(0+6 M"(U/WV"5=)B086-5XX?,2ED<67Y9X4\%M O YVN%IKN-$^A_4_D?4$L#!!0 M ( #5(TBJ ( &<& 9 >&PO=V]R:W-H965T(!Y" I"FT&VHCM3 T)I@0#'A /+C)M?%P[,QV6OCW M.SLAZ[0T>TELY^[[[OLNN4PV2K^:'-'"6R&DF0:YM>59&)HTQX*98U6BI"=+ MI0MF::M7H2DULLPG%2*,HV@4%HS+()GXLUN=3%1E!9=XJ\%41<'T^QR%VDR# M0?!Q<,=7N74'83(IV0KOT3Z4MYIV88N2\0*EX4J"QN4TF W.YF,7[P,>.6[, MUAJ_V!?NFUDY8% M,WBNQ!//;#X-/@60X9)5PMZIS5=L])PZO%0)XZ^P:6*C -+*6%4TR51!P65] M9V^-#UL)\6!'0MPDQ+[NFLA7><$L2R9:;4"[:$)S"R_59U-Q7+JFW%M-3SGE MV60FJ"U,I@C48#C7F'$+U\H8-+ _Q?H&5X[E1ZXJPV1F)J$E=:[& M,&V4S&LE\0XE([A1TN8&OL@,L[_S0W*EM2;^L&8>]P)^J^0Q#*-#B*/!YX?[ M"]C?.^B!';:.#SWL<)?C::HJLN00OBN+=+M63!H@T9T.P?,U <"5Q<*\]-"? MM/0GGOYD!_T<5UQ*QS%GPO6SR^D:8N0AW&>]3@;#X21<=_">MKRGO;Q.+'W% MK:R,FU(9)KKH:Z33+?IXW,T^:ME'O>Q/FEL\4LME%]WH'[JCP2CJ)ARWA.-> M0GH)_^-Q;[Z;Q6>F9"E. QJV!O4:@P2Z^A]N??P%ZI4?<0;\2U;/@?:TG:*S M>GC\":]'\ W3]'(8$+BDU.AX3)[H>JS5&ZM*/TH6RM)@\LN<_@2H70 ]7RKJ MP( )H& 9 >&PO=V]R M:W-H965TP[G'OM>HEJJ!YT!&/*8R M-)P)6"JBRSRGZND"N*QG7M][7KAEF\S8!3^."KJ!.S#WQ5+AS.]84I:#T$P* MHF ]\\[[T_G$QKN [PQJO34F-I.5E ]V]TD+W!X_LU^ZW#&7%=4PE_P'2TTV\SYX)(4U+;FYE?5G:/,96;Y$ MI&YC X\DI38R;\&H(&>B>=/'UH&<4[C+$F?BI-6AR>@N) M5"FDY$I4H T>GB%,D$LF$,'$AF L(JN..@S0;E&P_[">MO(M&7GA WG4I>F00O"-A$ 9[X//C\ 4D".];>/_C M:[B/1G5NA9U;H>,;'.![R5R]9#X]0CSHB >.>'B ^)-(+>N*$PC/QJVXS=F%%_V,6\$C;LA V/"OLJ#=Z$EW,F/V\@7X'Z=23I4<<] M^K]NCCOB\3^ZV>!'1]W8"R ;B_EGAAVHGM3]WO*/X#4$L#!!0 ( #&PO=V]R:W-H965T3'(A5AV;V0Z4?[]K$R*J NJD:2_DVK[G MW'.//TA62C^; M'"2RFD&02%M8N+,#19@24S+;5 22LSI4MF::CGH5EH9+D' ME2*,HZ@?EHS+($W\W$2GB:JLX!(G&DQ5EDROKU"HU2!H!]N)>SXOK)L(TV3! MYOB ]G$QT30*&Y:KKUCWTW-\F1+&_\*JSHT"R"IC55F#24')Y>;+7FH?=@#M[@% 7 /B M]P(Z-:#C&]TH\VV-F&5IHM4*M,LF-A=X;SR:NN'2[>*#U;3*"6?32T'[R&2& M0"<"AAIS;N%6&8,&3J^YI"4NYW"/&?(EFPJ:GJZW>=\J)KA=PUCF/&.6")C, M_;I@QIS!Z0@MXX*B#_#X,(+3DS,X 2[A>Z$J0[DF"2TUX:2$62WX:B,X/B#X MII(MZ$3G$$=QM <^/ X?84;PMH.W/[^&AV1=XU_<^!=[OLX!OGT6G;M8Z1QS M,3WGTH# &:&BUD=R2V_>J'P84%/.VJ7 M0.LSI>QVX%Z/YL\B_0-02P,$% @ -SD.42K0=/M= @ &ULC51=3^,P$/PKJXB'(G%-FJ;<'4HC M02MT/0&J"MP]G'APDVUCX=@]VVGAW[-V0RBB1;PD_IB9S$Z\3C=*/YH2T<)3 M):09!J6UJ[,P-'F)%3-=M4)).PNE*V9IJI>A66EDA2=5(HRCZ#2L&)=!EOJU MJ MH31<2="X& ;GO;-1XO >\(?CQNR,P54R5^K132;%,(B<(1286Z? Z+7&$0KA MA,C&_T8S:#_IB+OC5_5+7SO5,F<&1TK\Y84MA\&/ I@=/+ ME3#^"9L&&P60U\:JJB&3@XK+[9L]-3GL$'K) 4+<$.*O$OH-H>\+W3KS98V9 M95FJU0:T0Y.:&_AL/)NJX=+]Q5NK:9<3SV;G@OXCDSD"G0@8:2RXA2ME#!KH MW- IFL@U&DO_S0*7<,DE@;EQ" M/SJ!.(JC/?31Y_0QYD3O.7KOYWMZ2#&V6<9MEK'7ZQ_0VQ?.B1LK76"QD^0) M3)FQ,*XIE2L2@8G%RCQ\8J'?6NA["\D!"Z-::_K OBBWQ%-/=+V]SN(D3L/U M;EX?,8->TF+>.4I:1\FGCNZ490(6;33Z[=SL5'S$>7X4Y+N.OHFNDE MEP8$+H@5=;\/ M#;%M].K%KY+IDK2SWGAR7=BJ@=@/87B@YT,W&-U]ZSV0M0 M2P,$% @ -SD.4>N&$<05 P & D !D !X;"]W;W)K&ULI59=;]HP%/TK5K2'5NJ:$$+Z(4#BH],V"0W1=GN8]F#(!:PZ M-K.=TO[[73LAA22@;GL!VSGG7I_KX]QTMU(]Z36 (2\I%[KGK8W9W/J^7JPA MI?I2;D#@DZ54*34X52M?;Q30Q)%2[H=!$/LI9<+K=]W:5/6[,C.<"9@JHK,T MI>IU"%QN>U[+VRW,V&IM[(+?[V[H"N[!/&ZF"F=^&25A*0C-I" *ECUOT+J] MBRW> ;XSV.J],;%*YE(^VG';7,J8:1Y#]88M8][]HC"2QIQLU,;C]#H:=CXRTDU^Z7; MLX)%% MIHU,"S+N(&4B_Z#\F9Q_. MR0?"!'E8RTQC;-WU#Y6)) T\,>G^?$)OH_E M+FL>[FH^#$\&_)J)2](.+D@8A$'#?D;OIK=NFN3\7_:[?\Y^4(QV:<"VB]?^ M>P/^',RU43C[=2)/5.:)7)[H2)Y!@K>'V7CVS4064J,=U2N#KF*2LA!23IE23JG2Z(U M-J+4JLYOWQ+P3M<+T20[C]S9VTU845U'W%1$UQ%Q17,=T;INUAR7FN.3FG=V MVSB[F3>[7:!P0WF3UKA^Q!4IHSHDJKA@W "IRJU#;L**7'_O59^"6KD>J]'. MF3#YI2M7RS8^<-VKLCYLW8Y:#>MC;/MYEWX+GW\S3*A"4VC"88FI@LLK/!>5 M]^%\8N3&-9JY--BVW'"-GRZ@+ "?+Z4TNXE-4'X,]?\ 4$L#!!0 ( #&PO=V]R:W-H965T(8FH2Q#39"TFX/8P^*?8Y%9279/! M,O9BZZ3[_;F3+NV,?7(5 ++G6FFWBBK$YHYSEU=0"S?2ZL9>G"OT& MS])&G. ^-CL+$5\9"ED#=I)HYF%!3 ML8IB;P@4Y.@9!/W.L &E/!'9^#5P1J.D!UZN7]D_A-JIEJ-PL#'JNRRP6D7O M(U9 *5J%>]-]A*&>I>?+C7+AR[H^=YE$+&\=FGH DX-:ZOXOGH<^7 "2^15 M,@"2X+L7"BZW D666M,QZ[.)S2]"J0%-YJ3VEW) 2Z>2<)AM3%U+I"ZC8Y.O MPEKANS1EDRV@D,I-V0V3FCU4IG5"%R[E2*H>R_-!8=TK)%<4/K=ZQA;Q&Y;$ M2?QXV++)S?1/%DZ>1^/):#P)M(LKM'M0 J%@.V'QA3U8H9T(%^W8C_NC0TO1 MSW_H+$:=1=!Y^Q\-0L/*5A?4D#.X88^:HPV"HQ>:@SR+HX*_]:@7N0TB?E#. M69SR\Z4O?G&)?AZ^"'N25(V"DC#Q[-TR8K9_8WV I@GW>C1(KR0L*QI+L#Z! MSDM#OH; /Y5QT+/?4$L#!!0 ( #&PO M=V]R:W-H965TE M&98M:-?M0[$/M'2VB$JB2E)QNU^_(R7+=J90RKK-'VR2NN>YY\@3C_1\)^0G ME0!H\B5+<[7P$JV+-[ZOH@0RILY% 3D^V0B9,8U=N?55(8'%%I2E?A@$8S]C M//>6J4Y_ @B2JSC,FOEY"*W<*CWG[@'=\FV@SXRWG!MO >](?B M06+/;UABGD&NN,B)A,W"NZ!O;NG, *S%;QQVZJA-3"AK(3Z9SEV\\ *C"%*( MM*%@^/,(*TA3PX0Z/M>D7N/3 (_;>_8;&SP&LV8*5B+]G<B", \K0#PAH0/@4, MGP$,:L"@+V!8 X9] :,:,.H+&-> <5_ I 9,[&)5LVN7YHIIMIQ+L2/26".; M:=CUM6A<$9Z;5'RO)3[EB-/+>\C6(-7W9,4*KEE*7OW,I&0F/UZ35U>@&4_5 M:_(#40F3H.:^1J<&ZD>U@\O*0?B,@S&Y%[E.%+G.8XA/\3Z*;12'>\67H9/P MQS(_)X/@C(1!&+3H6;GA]TPBG#X+OW+#KR#:P^FL!7[=6WPK_*:W^%;X;7_Q M4\=2#)KD&5B^X3-\O^@$)*E3B'RL&G\XB(<-\= 2#WH1[U/S(HI$F6OR\2%*E4\3M\K3BG9D:[QM^C&NJ,TRV.>;]O$C_N)7_6TN^II=]W3[J:GW6VW MW)[A>20R($+:7BJ4 @Q-9'BFB# _L.;H!(VXYAAJA,_-8,PTM$7G=DZ# MX#P(OG.\E[,FC)F3Z5=A)C[F2DN^+DTX9Z20'*==?\53D"YEWB;/33KM$$># M0^$,W!G"BA,E%W:3J-B*6GB:3,8,140M@C'G#8.@6"Q_H3&X)[IPT>!PN,RXX5 M4D0 &LY>'&!K#&[/G3$<:BYU%]V^,;QH M =PN:9?X0^&E[LI[FERJ7"OX7)K7X41^JT0W,>V_DR_8G0[U MA4[_A]WI4 >H>\_^QP>TFO>XP(Z>UF"W3:78/[I?92"W]NIL"BBJJ*Y:S6AS M/;^PEU+_8%[=[?$$CT5#D10V" W.)^A85M?EJJ-%86]K:Z'Q[F>;"; 8I#' MYQLA]+YC'#1_6BS_ E!+ P04 " W.0Y1!H*\O$$# !F"P &0 'AL M+W=O4Q):4I6[@>3TW(XP[ MXZ%=NY;CH2ATRCB]EJ"*+"/R\9RF8CUR?.=IX2-;)MHLN.-A3I;TANK;_%KB MS*U58I91KIC@(.EBY)SYIU/?,P2+^,SH6FV,P:0R$^+>3"[BD>.9B&A*Y]I( M$'RL:$33U"AA'-\J4:?>TQ WQT_J;VWRF,R,*!J)] N+=3)R^@[$=$&*5'\4 MZW>T2JAK].8B5?87UA76*"VRBHP19(R73_)0&;%!0)UF0E 1@EU"^ *A M4Q$Z;7<(*T+8=H=N1;"INV7NUK@)T60\E&(-TJ!1S0RL^Y:-?C%N"N5&2WS+ MD*?'5S2;4:E>0T1RIDD*!Q.FM&2SPIRC BW@@TZHA IXB "J"4MQ] 9N;R9P M\.H07H$+*B&2*F <;CG3Z@@7%TK%[G!;W-,H$K$E-3*I#R M,CJLB@CN+E$,+C3-U-<]H81U**$-)6P1BL);8IYB)3853%3J]*R.N4)7XS , MA^YJ\Q2>8_K^-F3: .GW:\Q6#MTZA^[>'+[8&PVM(RLJ\88&7EBKQ*+\G O M>:7Q0V)\V?0IE>K=C9#\GA]T!KWMT*.6N$E+W/3GN"T[>K4=O;UV;-TY<%<. M]M7*22U\\K_+ME^'TO]+9=MO4;;/,<_*M@'R4MD.ZAP&_[1L!RW+MB5NTA(W M_3ENRP[?^_%WZOV:(?'6*>?HC3&FZ90KY9.-H+SCH+^382/*Z^[DUXCJ=G>R MLB >0&&F3M '45J(4-"9U0G3 P[0'-[DV M'H[=V4X+__W.3@BE#1'2]M+XQWW??7<^W76PD>I)9P"&/.=0Y52]CX'(S]+K>Z\$=6V;&'OBCP8HN80;F?G6K<.?7+"G+06@F!5&P&'H7 MW?.KV-H[@P<&&[VU)C:2N91/=G.3#KV.%00<$F,9*'[6< F<6R*4\:?B]&J7 M%KB]?F6_=K%C+'.JX5+R1Y::;.B=>B2%!2VXN9.;KU#%T[-\B>3:_9)-:1NC MQZ301N85&/)FU!#1P,E-T19:V2S"Y=]A\9\,6'K9&84WC+$F=$U98H\4%X F0+5A0(L M J/)X7>J%+6/>$0.)V HX_J(?"'WLPDY/#@B!X0)\B.3A:8BU0/?H!;+Z">5 MWW'I-_C ;TBF4IA,DRN10MJ OVS']UOP/N:@3D3PFHAQT$KXK1 G).P5[]OT3D]KFW?RHEI>U"KO1JQ!&UNHM@HU)(5B MAD%3&4Y*IMZV^SC8D;AO$W:C9HF]6F*O5>)UG3="T]]%J59C9TVDPH(EV".% M-.!.@*WIG#-S;2]Z6L+(N]TV"N%E[O];>;]4^JQ.*S-MZ+/ S"G:?=M^GOOJR_U3US4$LW MMC1)9"%,V4CKTWHR7KB!X+^9EV-U2M62"4TX+!#:.8GQ<50YJLJ-D2O7B^?2 M8&=WRPRS"\H:X/U"8E%4&^N@_K\P^@M02P,$% @ -SD.4:,@K5MC P MR0L !D !X;"]W;W)K&ULO5;;;MLX$/T50NA# M"K219%UL![:!^E*TQ08(DJ9]*/:!ML8VMQ+I)2D[VZ_OD)(5QV*T01?=%YN7 MF3-G;M2,#D)^5UL 31Z*G*NQM]5Z=^7[:K6%@JI+L0..-VLA"ZIQ*S>^VDF@ MF54JW^L\.K.D"F8B_\HR MO1U[ X]DL*9EKF_%X0/4#B4&;R5R97_)H98-/+(JE19%K8P,"L:K?_I0!^)$ M 7'<"KU:H7>N$#^C$-4*T4LMQ+5"_%(+2:U@7?%8ED&N@JI2 5: 5N7B\>$.^4BFI.:U% M,H(IOH55*27C&S*EBJG7Y&(.FK(<5V_)_=V<7+QZ35X1QLGGK2@5Y9D:^1HI M&\/^JJ8WK>CUGJ$7D6O!]5:1!<\@<^C/N_73#GT?0]7$JW>,U[37"?BIY)R.+%7<6SM\4CUN1PK!*JR1(V MC'-3''BQ \F$,WD5?&KAS9.VGR2#PXD],]Q_!;VS!WU6?.95M\P3QFG#..UD_ ?L(2<162C- M\#N :3QYHKY=0[$$^6='[?8;._W?6KO3?LOWI'^6T5E;)C*-]R2&#IR3'J@J MPR&3/A/G0>/_H-/_YDU?";X':0*M!5'F46>:@:L7%H-V$8=QX.8Q;'@,_]=^ M';8YMOJU+=/J5P=,JU\=,L_U:Q@\?H^#W]6Q-7+:U;(SAU!T'J#Y2Y 6_X)4 M^>^?C"8%R(V="4W1E5Q7'YKFM)D[W]EIZ^Q\&E[-0L?YW,RI=A1ZA*^&W&LJ ML9$5R6&-IH++/F9*5G-CM=%B9P>CI= X9MGE%F=MD$8 []="Z./&&&BF]\E/ M4$L#!!0 ( #0, #\, 9 >&PO=V]R:W-H965T5 &CR+4NYFCJ)UOM; MUU6;!#*JKL4>..YLA:H?Q.$35 4-3;R-2)7] M)8?*UG/()E=:9)4S(L@8+Y_T6T7$F0/&Z78(*H>@Z3#X@4-8.80OS3"H' 8O MS3"L'&SI;EF[)6Y)-9U-I#@0::PQFAE8]JTW\L6X$: MYD#N@*I< JI *W)UVGA'/O,"E#8;Y!$VN62:@3K:QP3/^\$L2\9W9$X54V_) MU1(T92F.WI.GQR6Y>O.6O"&,DS\2D2O*8S5Q->(W*-Q-A75>8@U^@#4D=X+K M1)$5CR'N\%_V^T<]_B[R5I,7',F;![T!?\OY-0F]=R3P J\#S^+%[OY-5SD_ MEWWUO[-?D!'62@IMO$&?D@JK)+'%DZXE@X>N3JJAFJQAQS@W8D'#/4@F.@^S M3!?9=.:^*V;18.(6'1 '-<1!+\0GCG=IROY!S>[P#B57J5"H4-3OUH#'F_(9 MKV93 [6W&,([(>_2ZZ %,3!<%N<::-L,+BV6I<7P/,K0O[19]46YX&)8DTN@/O>Z;OOO=;[7V6*^BZ 18?1.&K4^9) J_Y )1ON M64.4@=S93E21C[?+OR.]:7ICFT#=@I?MM9W5.(E MH$@*6TSE78_PV&39K983+?:V'5L+C&ULS9G;;MLX$(9?A3!ZD0*I)1Y\*AP#.;38+II%$#O$Q"%0T9PE5;;%@J7DR%3*AVMS*6: 6DM%)7BF) Q2&W2"A/&V-AGG9E1P- M1:9CGK(K"526)%0^G;%8/)RT8.NYX)K/YMH6!*/A@L[8F.F;Q94T=\'*RX0G M+%5[LS9?)22NT$;&81=JZH.;O MGIVS.+:>3!R_"Z>M59NV8OGZV?OGO/.F,[=4L7,1_^ 3/3]I]5M@PJ8TB_6U M>/B#%1WJ6'^1B%7^"QX*V[ %HDQID125300)3Y?_]+$8B%(%C#940$4%M&L% M7%3 >4>7D>7=NJ":CH92/ !IK8TW>Y&/35[;](:G%N-82_.4FWIZ])ER";[3 M.&/@DE&52688:06.QDNN0$SSQS0?]&\LFJ?\=\84H.D$C/DLY5,>T52#FU3< M*B;OZ6W,P)=TD1DG-XI-WH.C"Z8IC]5[\ %\9?H<7+#(. MH74(!]L01VS! :\WC M5?,X;Q[O]Q(=ES#:U^4ODRM NL=&F//AQ%5,&XQ6HNUOXJU?Q",WXP8 BW )=69Y/H) M'/$4/#$JS3JY ]/!*IQ!LYC"T"E/^!:J9N#>>1?OT$.-#"IHO5:#@9\M+*DE M/ C=:Z[N/GR6S)9H9M9Z;3JI=YJMT"WZ$#6,K1,$B \]8PN/@_79&,)>E:S7 M#G8VL75: >O%8E>VIVF:T9C_8S8OWX7=;<1V^NY"UDD![#2,K-,(V#TXV:Z' M&!J\F+(^,XS0!EV%3CU@O7QA4 M<7K-PIZ?)G*R@>IE8U>:^^^3D),!!)L%%)6^!.H_!5X!M/!8)H4Z[5ZW M1C MAOOM+MD U&D%JM>*78&^<<>$G! @TC"Z3AA0_4?"*_=,A=>UN0C;I#IE_6:E MF;T>M=,,5*\9NQ)^PZX).35 O8;1=3J!ZK\=7C-W^_[=4+^*UF^W:4>,G("@ M>@'9E>VK=TW8*0,.FT46.\' ]=\-KR!;>"P30^VPTZWF(CQVL T)V; N8Z(N2Y"E0P^OTGDDZ8P?/+I722PW++V&G%?C@&2;LRQY5Q=9OU-W U.D'WJ(? M^S+=?Q>%G2S@AN6;L!,)?/",$_9EDS"III6Z[7YW 'JM>&V_XEB5.2,@6(=D7]!OV5,1)!6E8 M)HHX[2 'ST01?R:J\^(4P)^)ZF_(()/2J<464=D7\JLW5\0I!VE82HHX'2$' M3TD17ZZI$W9P%;'/CO0&U2Q&4#J!M*I S*:F8MCNF<&5RQ/EY8T6 MB_Q0]E9H+9+\ M&2E1W0, ((0 9 >&PO=V]R:W-H965TZ8GQK^)/8!$/[(T%S-G+^7ASG5%LH>,B%MV@%R]V3*> M$:EN^ZVTO]P)U/#V0'SR _'YZXNG.K+!N:02XHRQ&'[#58-9$P(*E7^E&[F?.V$$;V)(BE9_8Z7
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end XML 52 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 53 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 54 FilingSummary.xml IDEA: XBRL DOCUMENT 3.20.2 html 107 249 1 false 25 0 false 7 false false R1.htm 00090 - Document - Document and Entity Information Sheet http://www.atel.com/role/DocumentDocumentAndEntityInformation Document and Entity Information Cover 1 false false R2.htm 00100 - Statement - Balance Sheets Sheet http://www.atel.com/role/StatementBalanceSheets Balance Sheets Statements 2 false false R3.htm 00200 - Statement - Statements of Income Sheet http://www.atel.com/role/StatementStatementsOfIncome Statements of Income Statements 3 false false R4.htm 00300 - Statement - Statements of Changes in Members' Capital Sheet http://www.atel.com/role/StatementStatementsOfChangesInMembersCapital Statements of Changes in Members' Capital Statements 4 false false R5.htm 00301 - Statement - Statements of Changes in Members' Capital (Parenthetical) Sheet http://www.atel.com/role/StatementStatementsOfChangesInMembersCapitalParenthetical Statements of Changes in Members' Capital (Parenthetical) Statements 5 false false R6.htm 00400 - Statement - Statements of Cash Flows Sheet http://www.atel.com/role/StatementStatementsOfCashFlows Statements of Cash Flows Statements 6 false false R7.htm 10101 - Disclosure - Organization and Limited Liability Company Matters Sheet http://www.atel.com/role/DisclosureOrganizationAndLimitedLiabilityCompanyMatters Organization and Limited Liability Company Matters Notes 7 false false R8.htm 10201 - Disclosure - Summary of Significant Accounting Policies Sheet http://www.atel.com/role/DisclosureSummaryOfSignificantAccountingPolicies Summary of Significant Accounting Policies Notes 8 false false R9.htm 10301 - Disclosure - Notes Receivable, Net Notes http://www.atel.com/role/DisclosureNotesReceivableNet Notes Receivable, Net Notes 9 false false R10.htm 10401 - Disclosure - Allowance for Credit Losses Sheet http://www.atel.com/role/DisclosureAllowanceForCreditLosses Allowance for Credit Losses Notes 10 false false R11.htm 10501 - Disclosure - Related Party Transactions Sheet http://www.atel.com/role/DisclosureRelatedPartyTransactions Related Party Transactions Notes 11 false false R12.htm 10601 - Disclosure - Commitments Sheet http://www.atel.com/role/DisclosureCommitments Commitments Notes 12 false false R13.htm 10701 - Disclosure - Members' Capital Sheet http://www.atel.com/role/DisclosureMembersCapital Members' Capital Notes 13 false false R14.htm 10801 - Disclosure - Fair Value Measurements Sheet http://www.atel.com/role/DisclosureFairValueMeasurements Fair Value Measurements Notes 14 false false R15.htm 10901 - Disclosure - Global Health Emergency Sheet http://www.atel.com/role/DisclosureGlobalHealthEmergency Global Health Emergency Notes 15 false false R16.htm 20201 - Disclosure - Summary of Significant Accounting Policies (Policy) Sheet http://www.atel.com/role/DisclosureSummaryOfSignificantAccountingPoliciesPolicy Summary of Significant Accounting Policies (Policy) Policies http://www.atel.com/role/DisclosureSummaryOfSignificantAccountingPolicies 16 false false R17.htm 30301 - Disclosure - Notes Receivable, Net (Tables) Notes http://www.atel.com/role/DisclosureNotesReceivableNetTables Notes Receivable, Net (Tables) Tables http://www.atel.com/role/DisclosureNotesReceivableNet 17 false false R18.htm 30401 - Disclosure - Allowance for Credit Losses (Tables) Sheet http://www.atel.com/role/DisclosureAllowanceForCreditLossesTables Allowance for Credit Losses (Tables) Tables http://www.atel.com/role/DisclosureAllowanceForCreditLosses 18 false false R19.htm 30501 - Disclosure - Related Party Transactions (Tables) Sheet http://www.atel.com/role/DisclosureRelatedPartyTransactionsTables Related Party Transactions (Tables) Tables http://www.atel.com/role/DisclosureRelatedPartyTransactions 19 false false R20.htm 30701 - Disclosure - Members' Capital (Tables) Sheet http://www.atel.com/role/DisclosureMembersCapitalTables Members' Capital (Tables) Tables http://www.atel.com/role/DisclosureMembersCapital 20 false false R21.htm 30801 - Disclosure - Fair Value Measurements (Tables) Sheet http://www.atel.com/role/DisclosureFairValueMeasurementsTables Fair Value Measurements (Tables) Tables http://www.atel.com/role/DisclosureFairValueMeasurements 21 false false R22.htm 40101 - Disclosure - Organization and Limited Liability Company Matters (Narrative) (Details) Sheet http://www.atel.com/role/DisclosureOrganizationAndLimitedLiabilityCompanyMattersNarrativeDetails Organization and Limited Liability Company Matters (Narrative) (Details) Details http://www.atel.com/role/DisclosureOrganizationAndLimitedLiabilityCompanyMatters 22 false false R23.htm 40201 - Disclosure - Summary of Significant Accounting Policies (Narrative) (Details) Sheet http://www.atel.com/role/DisclosureSummaryOfSignificantAccountingPoliciesNarrativeDetails Summary of Significant Accounting Policies (Narrative) (Details) Details http://www.atel.com/role/DisclosureSummaryOfSignificantAccountingPoliciesPolicy 23 false false R24.htm 40301 - Disclosure - Notes Receivable, Net (Narrative) (Details) Notes http://www.atel.com/role/DisclosureNotesReceivableNetNarrativeDetails Notes Receivable, Net (Narrative) (Details) Details http://www.atel.com/role/DisclosureNotesReceivableNetTables 24 false false R25.htm 40302 - Disclosure - Notes Receivable, Net (Minimum Future Payments Receivable) (Details) Notes http://www.atel.com/role/DisclosureNotesReceivableNetMinimumFuturePaymentsReceivableDetails Notes Receivable, Net (Minimum Future Payments Receivable) (Details) Details http://www.atel.com/role/DisclosureNotesReceivableNetTables 25 false false R26.htm 40401 - Disclosure - Allowance for Credit Losses (Narrative) (Details) Sheet http://www.atel.com/role/DisclosureAllowanceForCreditLossesNarrativeDetails Allowance for Credit Losses (Narrative) (Details) Details http://www.atel.com/role/DisclosureAllowanceForCreditLossesTables 26 false false R27.htm 40402 - Disclosure - Allowance for Credit Losses (Activity in Allowance for Credit Losses) (Details) Sheet http://www.atel.com/role/DisclosureAllowanceForCreditLossesActivityInAllowanceForCreditLossesDetails Allowance for Credit Losses (Activity in Allowance for Credit Losses) (Details) Details http://www.atel.com/role/DisclosureAllowanceForCreditLossesTables 27 false false R28.htm 40403 - Disclosure - Allowance for Credit Losses (Recorded Investment in Financing Receivables) (Details) Sheet http://www.atel.com/role/DisclosureAllowanceForCreditLossesRecordedInvestmentInFinancingReceivablesDetails Allowance for Credit Losses (Recorded Investment in Financing Receivables) (Details) Details http://www.atel.com/role/DisclosureAllowanceForCreditLossesTables 28 false false R29.htm 40404 - Disclosure - Allowance for Credit Losses (Financing Receivables by Credit Quality Indicator and by Class) (Details) Sheet http://www.atel.com/role/DisclosureAllowanceForCreditLossesFinancingReceivablesByCreditQualityIndicatorAndByClassDetails Allowance for Credit Losses (Financing Receivables by Credit Quality Indicator and by Class) (Details) Details http://www.atel.com/role/DisclosureAllowanceForCreditLossesTables 29 false false R30.htm 40405 - Disclosure - Allowance for Credit Losses (Net Investment in Financing Receivables by Age) (Details) Sheet http://www.atel.com/role/DisclosureAllowanceForCreditLossesNetInvestmentInFinancingReceivablesByAgeDetails Allowance for Credit Losses (Net Investment in Financing Receivables by Age) (Details) Details http://www.atel.com/role/DisclosureAllowanceForCreditLossesTables 30 false false R31.htm 40501 - Disclosure - Related Party Transactions (Managing Member and/or Affiliates Earned Commissions and Billed for Reimbursements Pursuant to Operating Agreement (Details) Sheet http://www.atel.com/role/DisclosureRelatedPartyTransactionsManagingMemberAndOrAffiliatesEarnedCommissionsAndBilledForReimbursementsPursuantToOperatingAgreementDetails Related Party Transactions (Managing Member and/or Affiliates Earned Commissions and Billed for Reimbursements Pursuant to Operating Agreement (Details) Details http://www.atel.com/role/DisclosureRelatedPartyTransactionsTables 31 false false R32.htm 40601 - Disclosure - Commitments (Narrative) (Details) Sheet http://www.atel.com/role/DisclosureCommitmentsNarrativeDetails Commitments (Narrative) (Details) Details http://www.atel.com/role/DisclosureCommitments 32 false false R33.htm 40701 - Disclosure - Members' Capital (Narrative) (Details) Sheet http://www.atel.com/role/DisclosureMembersCapitalNarrativeDetails Members' Capital (Narrative) (Details) Details http://www.atel.com/role/DisclosureMembersCapitalTables 33 false false R34.htm 40702 - Disclosure - Members' Capital (Distributions to Other Members) (Details) Sheet http://www.atel.com/role/DisclosureMembersCapitalDistributionsToOtherMembersDetails Members' Capital (Distributions to Other Members) (Details) Details http://www.atel.com/role/DisclosureMembersCapitalTables 34 false false R35.htm 40801 - Disclosure - Fair Value Measurements (Narrative) (Details) Sheet http://www.atel.com/role/DisclosureFairValueMeasurementsNarrativeDetails Fair Value Measurements (Narrative) (Details) Details http://www.atel.com/role/DisclosureFairValueMeasurementsTables 35 false false R36.htm 40802 - Disclosure - Fair Value Measurements (Fair Value, Warrants Measured on Recurring Basis) (Details) Sheet http://www.atel.com/role/DisclosureFairValueMeasurementsFairValueWarrantsMeasuredOnRecurringBasisDetails Fair Value Measurements (Fair Value, Warrants Measured on Recurring Basis) (Details) Details http://www.atel.com/role/DisclosureFairValueMeasurementsTables 36 false false R37.htm 40803 - Disclosure - Fair Value Measurements (Fair Value, Investment Securities Measured on Recurring Basis) (Details) Sheet http://www.atel.com/role/DisclosureFairValueMeasurementsFairValueInvestmentSecuritiesMeasuredOnRecurringBasisDetails Fair Value Measurements (Fair Value, Investment Securities Measured on Recurring Basis) (Details) Details http://www.atel.com/role/DisclosureFairValueMeasurementsTables 37 false false R38.htm 40804 - Disclosure - Fair Value Measurements (Summary of Valuation Techniques and Significant Unobservable Inputs Used) (Details) Sheet http://www.atel.com/role/DisclosureFairValueMeasurementsSummaryOfValuationTechniquesAndSignificantUnobservableInputsUsedDetails Fair Value Measurements (Summary of Valuation Techniques and Significant Unobservable Inputs Used) (Details) Details http://www.atel.com/role/DisclosureFairValueMeasurementsTables 38 false false R39.htm 40805 - Disclosure - Fair Value Measurements (Estimated Fair Values of Financial Instruments) (Details) Sheet http://www.atel.com/role/DisclosureFairValueMeasurementsEstimatedFairValuesOfFinancialInstrumentsDetails Fair Value Measurements (Estimated Fair Values of Financial Instruments) (Details) Details http://www.atel.com/role/DisclosureFairValueMeasurementsTables 39 false false All Reports Book All Reports atel-20200630.xml atel-20200630.xsd atel-20200630_cal.xml atel-20200630_def.xml atel-20200630_lab.xml atel-20200630_pre.xml http://fasb.org/srt/2019-01-31 http://fasb.org/us-gaap/2019-01-31 http://xbrl.sec.gov/dei/2019-01-31 true true ZIP 56 0001558370-20-010600-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001558370-20-010600-xbrl.zip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
W?#>DA@@L'>23!+?%AM$ M&"#VA\!BP<+C%J'\!"#IX4Q(_\ M"SA[^Y25F):"PC'+8K W-!M"& NSAR2: MEIEJ<9NR%:FG9XP0M90^V=!(4'E#>8)2W#O A'C=PG 54]80^A4+W?7+?BO MURH,5RZ%\O]>W+7L"GY!UEO/61[_37V#WX70!Z7105(KD8P*6*G4(AF5K$L* MO+LX :IQ9:E,]2S:EIRP>]$D:HXH1$5D)\4T"7TI@!]Q=XW)95-[S[T:?W8!FM M+3BE$[-EZ(\?%>D%\Y/HR?V=JH.WX__T0S36'\JYORG_J(,PA;F8BKR4MA>(O\ZWEHB'_WE"Z:7)'!T]H+SX%F>ZZ9IMZSG M- I,':"RT6+;0@8)^O=-JK:H:@QD,+.(7?U]2_HA_R;_(G\\!07^U_\'4$L# M!!0 ( #&UL[7U;D]LXDN[[1NQ_X/$^3$_$V):J=.WHW@W5S5.Q9:NFJCR]^S3!$B$) MVQ2IYJ5L]:\_ $E=*!(W$A! R@_=5DE IGY(0$D$HE?_NO[RK7>0!!"W_OU M7?=#YYT%O)GO0&_QZ[LX?&^',PC?_==__ON__?+_WK__GZNG!\OQ9_$*>)$U M"X = *OU[9G?09! %W7N@J@LP"6-?XP_-#]T+/>O\](7-DAJN)[ M5D+KXD-W]\MU1L[W?K9&'[N]CQ>=BXXU_+DS^/FR;TT^[PI^1MV;0V9)%WJ_ MOZ+6+,2B%_[Z;AE%ZY\_?OSV[=N'[Z^!^\$/%JABY_+CMN"[M.3/WT.8*_WM M(1E8UB^![X(G,+>2#OP<;=;@UW /?'0^UNWN#:\5$.I7674UG;M>VMX"A/?>9[!Z15;AVE[#R'8K]Y9([Z3=?[0# M]/L21' FGYM_$\,S@4+M+M[ <.;Z81R :;"P/?AG,H;1N'Z M*XA,^ .T7Z&+1OBUOT*3PN:S'45(8%S&HBIIB4P]QZN5'6RF\V>X\-!,,[.1 MT9K-_!A9+6_QZ+MP!H$@-[PT);+QQ8] ^ 1F +[9KR[X B*Q+I?5E]B]B8O0 MB,WMG1^@J=^!T8,?AJ)R)5.1V-4GX.*5"1KIT>8EL+W0GF%4"G:53$5B5]&P M0.,D&?-BOPHE4ZS*)U HM: MI=LL6LJ,697.EE-0;=BJ])1*2-<2\HL=!*CD&[@!D0U=E4O*8E,G-YKUN*W: MAE)#6H\E'GI*N_\9>G 5K^[B"/W\:&^20;$O(8DIWE9.,(_4TQ<_U1.P,D'3 MPEOB=B*5D,JC0',G8!ZAQP\;R4*R41!M] 3K MT<^V9R]0'])E&U+&-)C,YVBU@$J'MW;@ 2?9.(?X_"3$RH*N"QS$V1. J]SV>OB79'_[ F9+#_X1 M VSD#W: 7SW_-01!,I_>>^LX"K^&P)$G)VD]42VRVS""*SR'[GX-I_-LT6&[ M]QZR79"6$=@!!]GXCS ?&<<8[;K'WP?BA8\#T"'EJP[[Z%$6ZA MT^F,.]9[:TOH\*/M.59*U3HDF_0;]=SU9[D67#]9UK)T-X._HT:[_UOY\_*!-1$B M521!&B&8?5CX;Q\= #]>=+IC_.$]_O"^T\U"-/X#?;7KVPNB>\3$\<^HB\/+ MB_&HWQ^COG8&O6'_H(N'()D$^>[:P6Q+&WTLX"8?59*5^+A.3K;?SY;0W2%B M'O@K:=+->NASBXKEI?"<-"_&+1(W]P<9WJ_:);>MU)Z! 'T MD:"<&V3F* ,\5Z[=FN=G.5/]93-5?X>6 [;[O\ .[M W(47Y1R7/0_T\3&< MZ#49 "G,^2!P4#8OC]$ *:&U(&"QG<&@WRP8I/*Y1AM"Q.@36/L!]J/AJ+Q2 M)-"*MQL,PIQG>!C4Q,,;"%[]TR/BWD- Q [;-X!F/COCFXB(\N+G@ @!SC-$ M# N(.)E6[Z +@FNTDEGXP8:HS%RI<] AF^%,=:,F&O?GE>VZ5W$(/1"2;7JN MU#DHG_G)7!= MEBH/"YV#!IG\;A57],J=;H&-F VP_]P!W_\;D'5W5.X<^3/?G]>(LF&TSC"%[#Q376RQ:=4:C<:*O*_A8A\1]LO'X\/L>L<;9.N M;',=9G<[^#![1P)]SJA8&1EA3&\A/;?#UT02:,*A967WUS57"I:LK^8;$"!LXP/"74SM=+[_ MDCSDV17; 8J*?$H*N,@?SVA'RV, UC9T;K^O@1<"?#L*WTE)Y4K ":U*.Q B MS"$E^$+W:I"FR3;IC*V=8B"$H)7W(]LU93+?IFB Z1T2[,]:^B[B,\1[GFC# M<#'P5C<.&U6=#[48)NX$=.[O'NT-7L$B;M W0;S/VH%8S XZDKV.-\O^8#B= M:I+-"6[<08+3Y#R6HG'R_E&J?)3Z'RZ-P.?!M6R"A/@ R:9C' *50(:)S(J" MD@1%:L4%UN_W1J)G*%^71 MB(MQ,N(>!/?RG%N;)D-!D$6BJU;N$C2?66J;XR>;MJCK3FI- [4F)'W2,E*< M:;..YUEP.,SF)( %-K%12NS2N1)"R*N;%=M'MCS4EI1'2:UF85"5.%1\9]/7@ MY9,-/9Q^>>H]VRZ8SH\B!@E@8=1J"U*JL*ET_:X)),D6)C]UE_GXTQ)M43Z+ M):5^=TT;M:VH&(N"MJB8RH\L!ZM)<52[&2X+]F.M HGEC4. P')0C"DCDD]* M<,%@=V0BFCL ,L9)GIB2HL;I6TR))?X87B85+_L&>N P<5;02_*N)I'A (1T M3!#+MPX88IR:%>_!\MD_!OX;Q ]_),]]S'P$RLUT_N#;R6MHP$9]R!Y/I7CP M>8D,VNY4^'.0/"=CNWBX$.]1Y(NU!AY"#$I:5))F M$^%M _.4+XY"Z(!G$+S!&6F2X*G2&G579E9!"MN]XKNR%7\7V!Z27IC,@,BR MO=C?&?-":8V6JIV?5UF'-:=9(-QDC[3$K^$L@$E?MYBF*Y]6,2^7R^Z@TPH, M"+,LZV*6' ,@Z_KM:Y2%X.\#V+)!@7^[#_$KWE"-%H#)GG<2TJ? M*VU-(2MW@P>S@YI,LH\!3((BD6#N8G<.77=%OD_#6[UU>*K%N)*DO-IW*(DG M'X\?G%,ME0GK-)16I760$6:6G*RWP7<.$@.[EP Y%CU?K'5HX&*0G/6W#:XS6YD@JL*\ MI(6-B?M>HE@KK6_:#9T*O"N-$M.$FR\@8NZ VI4=SY?AY!,'! M:T /< 6C?;*I3?;DWU[<"92[R#5"_?;7<2*>M)R9?UZH=P"SANJLE*(UEI438I MRE<6C$WHXXV_LJ%718EI36/46$\C@IJE\*YT8$M'14EBL?0O^O4,4JV\1 ;= M44?3SJVN%DEX$./3G*18T M!B"5U@&"?+71O9>^#XVWH.37M*EES44 79E%%/"S)VEF6 .D?0?U-XA,@4/- M/)U-5C^;+4GCGZ9V76\H'KQX\=EVP(M/\%4]/%RG?>R;@!,Q @M-/X%JFLD7Y(OH@6Z&T_CH867H/(*@)+Y8?@/F M@H2N;QDN8R&9G.I5]%-LY>QP>>?ZWW:FA+%?Z[$"3A$]*R6H=SNV8XQ_(U92 MI9E;L,&HVS5DY%(4P;WY2MGY$4UJK)+)2JN_;6,JO^';-GUJK*<1&=LV90.[ M03NU470$R<_XNS+)(O/GYER9M!%^1D\>++,4DJFCH? M>)Y,>FV<5N]L&/S3=F.PE^)T_IL=!#8YT2RUCG&X.QD\BL@4%]2IO-^M>^![ MA&/!SA9H5415UYHQ J6%'Q5EAN8C'L/T7<.4S7"*3Y;6?@AQSZ?S"?J)D?N% MD\8/:,D4G.([(-*#1S2^4/H#:C4EIR#YO_:+ )H2NY\G%N4(K>Z-%(;)T[2, M.T$B^/,&7151U;WQ8B;4D*P#;.IO0/KO@73Y[@#P$\A+==P=C#0?_6L$8$VI M*7U=5).#I"B2FQC<(85E#V;B6Q"0:/PX:QN'P9I X$$6OR#J.D6:8N(> ["V MH7.3,;5]/\)SDD/_TNUM/6+G"+O*A('9DH?=K"K$"V]-%2"8%L%$+&X4YV M()LH[VV,Z$#3?^8[FLS^B&$ )F\V=/&*X,X/\-'=WIN-G=P$< E2.93NL-/I M#OJ71EHT48 4D2=#,(H=&M*/WI$49P X(?;7W-J!NWD!P0IZ=GKT2X_FJ$&I M_:"2+1RE]DSXH%V2/3N02AK=4LV@"9)I/_BD2J:=KQ<7C#U?Y!JKVAEAJXHD M%*?P%)X>Y=NQ:]]UP8QG^A2L?21/I)9>6Y%50R"R7E,V*8$-OZ!K;R?/!V0U M92+K'><&N"_NT#K5FTEP7U (&8<[V>X+4=[;>$*T73'@Y":)2_LP>Q!CO55: M)R^Y;G<3,T&/ /$\_)?W%0\C')-ET\@)NY,I.5A+;&J@/B1Y)'@-?M:]""V5 R2]L$&OB+6 M!!@V]>Q5@1S:^FS'-C_C%]^;H8][OX'GE"RG"A1-^DXMHIPS,J,Q(+. MM8\$&(2)WWR;EN+%/[[S2$40'XGS!E(-&4G:-KO$LWRY:;#W@IH&"]N#?Z8Z M11-R>8KPSW:$H?XNIW)"?NQNIYN\9[1O _UQV(QE>XZ5-63M6K*RIJQM6QJ6 M 03NIT'VP_8EG25<7\4AF@+#\$A^6< D,D2,I8&*IA R$R! M]NLN)P-)<<%V$MDJ2WNKREH^QZN5C=-D9!F!Q,Q MPTQ>%,UD1A\_(G#0@K5OPMJUH2/37H%35KX\8H4<"L>#RXO!4(^IHBJ298#X M*N>A?]D=]36_0BVHEJ)QJ,&WDL1I:@?]4:3*%Q!Q#O#+X@!/:%E[8G^S,#D= M9V\%IEAA ,0*>= ,+X9#39E <>ZA,.GG2V [N[O"^TX+K"TJT3)NI LJK3C2 MY8FA<7/]Q$7[3K2RP<&UUZA[,,JG$V,,_EYQ\.\H6G,_L%*:5D94PW Y4")C M[)>4S.-G=-D;:##J:SY"Y=5"<117X[5Q(_;@KOX&F2LO MM)-84]X1VR^.V(RBE9"T5P2-&_77_FH%TS1,U4[-2!1.<#2J(,4V!]JBJ_(]2[93O(/=JZZ><#WNJ.!YD@)&9HJCOKJ MLFB@WVWW*L-G8.._1:;X4=$*8')60L_*$=3YF,>^@ZQ%/*U*'CS=R_Z@HV>8 MEW62-;RI=8P;UL)J*(YA<88;-W%_;L" 5[L;#A'[K@X(PMMTD%(XQ@OFJZLD7GO1D&MQ[\P#\ M$2/5)[WBGZ,%*!PA?# ::#YD%U%I/@EX/9X;."/S'7\G__(-]XMZA^#63VE; M?VW):7B_T[_LC[N#<4?3;OS*#F$XG1_U=)/^GV4$^"H;-_X%U5(T!#7XUO[N ML[SP>>S9.+I\Q84:KKKM TUUMB6%FI;-&R=>=H1@.K\-([A"\PWQ59)NW41>%7W] M6\_:4%,N'05)J_4<22#.O2B-FWV"X>_ID3G^1#R/(-9H'XQ$F562A5KVU:P MS*+=A9+D\;HLL39^UP?M07"?Z>L9"13;@Q55PI"5J*FRA6$A"?ODIP%<9-E MK_V0M0X6KM]6E%1E7=(M4)7V)HX8O2I[! M A]7/8&U'X@Z9KCJM@-2;Q G1RK3!]_&@H_$$7P'H]%0[\#EE3=I)U&#[98$B)#&\M0K M,VY<,T,=DBU F#(QM":\I(3_5$#_B&U$^/>JI)K$=:DBD#)0V1Z M'L((HYL85#9DW/5;A*1Z/$N*,SEEY#3I5K;08E8H08'FM:S23 4U5KFR-[I4 MQ?+O;OG(&&@!*BB,MM>M(8?&;7#SUYN%+ '')6>MXU_K;><4;!>C45?3$W^Y MXZ+/M@->?!(K[BQEY6IS6(G+>$AN)3^FAFA8:7:7R=!^T=2<0FJ-LT2E-ZV% M#!+_?6NM=DG1Q>L4CT:6FS(>[3D[0WC\*,WD[4^$IRT/T H[N:3TU?-? M0Q D"^U[;QU'./P2+6_?3!*V.7%"OO(G"V(N\RQ>+5Y0=0F MWR']P3%*/>-4S"%Z4FR'*)L<*I3^?!RACS?^RH9>%26F-8U18SV-"&J6PKO2 M1P6[LE&1W/W/GT&D?U$10:S5+#10M$C"@QCG2K$@YUPC#**#F1S]=3R+HZ_^ M]83?1R\Q]KG?C-%])8/.9H7B&)'[<#&_2DJ'ZM&OQJB%+>$2;9QV<)U*>5G@ M-E%]N=_-4R"E7WD5LODP4XG5MS@/VR>Q6=N$L@ D_\C;TI!;,Q0Q=_479#I!ZK"HZL%/JJ\FZ7[/X[SL(1/MLX;#CYR./) MI%-H&RBJ,RTI:>.)X/$8^#, G/ .">\^#&-\?#N=$VPG&ROBY-H&'$D24)"N M\40H2L='&F$L!IA"S39C@X]921D:)<% TJV_ RGL)EW@'+U5=WS5CUJI^4"I MP:>D-(VD):DFUQ)^I='W\,C 5G0?)%/('YTOUAXD<'$F*=TB2?>:+,2>]6D< MA9'M.=!;, %P4+:-*&"QIR;3HL)%PQ. ^U22 +5S/,99Q9NOY4HXN"NR^\9 M1\5HU+A<'7(%SK#UK4MKXH$S&C7'EC!GX,PIQM\)0Z!J1-&8H$U*O[BC:-JF M4?L[7:.'OS=9HTP^))T5ZPANVVT=/@%_$=CK)9I<7,(T22QKC')53IMBW)L5 M?YJ]JW'8\]*K!-2RQFA97!M'FA3BL"WF^HL?1,O)"NWO9S;19A<+F:5U(>>M9@P:5%GZ6H(P-V"VR,Z6F=)Y@+=: M7@I(%Y>:8P@KJ8U'^QQ\M\1RX /B,'OK\0N(2J<*:MD&@()#FT50\#/;$B3L M7]PB7!\F%S0& ZKG"4[6*;%[FF>&/ /7:%6]0!U*+\)3QSZ[HC$@$%062\O< MO&JW \Q#%9R*)[F=\1N,ED_ =J"[N0&HP17T\"C8Y5@).2X:"U,S'"#<>B:> MO4@12,-0Y./4>#*!Q$?PO+!40R;:G95RX70=KV(W.3N?K/ \+AU>Y0W\@%M% M&4FZR*(0?EQKQ ?"U>%:M(P!E:I5LWSI*+WU(#VMSTN0)$7N9A*%J,FE6VI\G\$<,49_2+)N)Q=T],6B[F',8I=?' M\(M2=KB\ 6L_9-V J$PU+]'>L-/3E';^="B3*RL%*S#]H=.(Z;N;^VLD"YST M-5T&D+S*967/ E7B$FC:O5_\8NK^::C4!*,Q\06I;38+8MO%![!_PT$*:OXL:$W"+XAEN]7:[3[P/,]$TI\9,X4336$ M8]:%8SG3V)<8;URG\RS_J[?((@Y()Q_$\F!&5@^)+S)H>%KL!KQ%:U:49'O9N_*]> &P7_@FZ?.+2]*+N#=HOO"6'/KN#H.E\_^470/+_L"N>&;0JB4/6=6S# MIK_BB)IZ>V&0C!:CUEGAJ8HLMF!2XY,6-E L[U FI+"NIU& SEE 2*YTMJ"2 M>=:_!U5?/:CP.UL@# &8!G4=D76)_X"?')%M,:GZ,235;1O9\2:EQ%DBK M*H3!/QAV^B.]X8ULY>6NZM1C M](QSWAB@ZIK*VZ.!S::*I_U.GNQ&H\K8$B[1!H6'MMRUKY'LQ@1M4OJ5UR>; MC]9HM'JRFV9IE,F'TNA%36>P)1,-^H0Y=?:'2-G,\T"(_*]%RQC$2)^$Y8OE M3 #XV7>2;6X25KR-DTA2.@)P\I7"BL(A[3'BKCB:8\V#V] M@&#%#)L\*I^7PW#8N6PA3*I)P2R#)(B%>P^UBZ3U5'S#VPPI:'@VN/I M,+*]484?RR,_G5F%Q _DB CF-"'\IW,]9]O'NQB) #S:FR14:U]"U"%]P>F0 MSIJUTG:M;<,'!<_74RUH&<),EEL9HE'Q!'!.)2=91<4!'F]W2">V^[_ IE_+ MKT?:.$O"Y[%6+@+CLX>P>;[W,'UJU/9-UMDL#1\QP#17JN$ZYN&F[LIPG*K7 PL[RLHJMO-7 M8.X'X*MGK_P@PL&*V=.W-S L^C:#QGI"\3)-10&2MB6=7>SLCE@H>6 );RD MQV$^4^\W'$FRVR(4WN:K0*$5F*C.:=VKF!+,AJH=$_=.J:$0$&1(ULW)PH!7 MY2V8N*[_#3]BC#.JH.[!",?I57Z@K5<,5]NU8"$;:J5M6&DCY@2M'2SP&3Z MDI(("?W!L-OI7HY[P\O.:-B3'XE/4!,]&)I0*8_.!+WI>B%I3#$E!8T5#(E,")WMG5!@U^ 9VJH_M\,3,/2$] M!,@4D.)HHB@2$#[)HFU M(=YSYOQ?G&6?F7IE0;0I%B34,-!0]DW;44B1B5OIG.>8H9[?Q16ELNO?B M>&!$K?-6-PYA:F>N6F(A;KX;XX(;(T8T>\-K::">7R[C7I*U6">9"IXC.XA, M2156M,ZY! HXJ\+,7WCX8.D9&6R(QU&: AWM=]=^:+O\RV!ARFU%HFH1*7'Y M:=^4E=AQTB#^#74430=S@0M:3%)M!Z,TF=3U%):>**O,)*5X\M2\.M(]>W:E M!:VGT^>M5\3$6)@\OR_=B8@ZE"^%',K;7EC[;F#?\JXC!V'M/[S*+?4J M&S A:?8JL]?JFA(H-P,@)9QA1 ML4CR%,O%!V)"^"(J5UWCD%%+=V0HB M!Q:J"Y0$IP7W9)3J^2CFN+CO#3G]@ MAFK%=4'R?@BQWH#T9S)> ]^@$]NNN[E]2QS;P*$EQZY%JY4@DR\1Q0TZ9MF>D_R.^_;#+:*1&*N?Z\).,3ZDK* M$3Z8#4/,(<5?1ZMB'"04*[:()&'IF!L:2F*%ZHRC5S(.'\+JXM.6N& > MT:1/];KM"S1&\12M%57/X*^- 9I<9I3E?!,C8AQV3CZI2)#7B:(XV^V&D: ' MU?Z8@E?EY)D-0,2*)+G:3!;"B0_Z8HD/0,0328+WKJ@OK=FYCGL79NY<26BI MO%.E$LP/FBX:8)=F[TRW>A/DM M)HL )#^*>8CZQ=286>>MI/?68?>MG[8,6"D'.)#AHQ]8>R:LE OK@(TDVB%E M)/$YY5FQMKQ8D6_MN+%V[.CV,94KDNEP8E73XBMP5M"#N M2/(D$,] MO$,B/13>;S!:'E81,W.\5%N!)14R4/9>AZKU3C+;I_F8*J;H'A37(0=$34K) M;<2"@+57.9#=BW\7>P=K^/#>.W),43H#V*\1A)DCI:]O;/#Q<9WV^ M_2-&7S,&MS 5N6-]&BU!D-===K)1=DPL5->X\5Q18<7A785QI8%I?=FPR)A; MPG7&W]6&97EHM$T-V0*)%(4A7-]09,A<&E:5@E(KH2D- /:.^-Y7-%KN MPS N/,9)*M8XE- U6_0&\:G<11&MN>@B92)BH.R>4DAO0R';84& MB^MV&XQ)'"U17_[D,!K[HF>$#@;32E<>TF.F=@$=F:,NN>8T\U< 1SKB^,?T M1<-'$,RP A< GY=A60!OEAS0?O4BZ&:KLFO7#Q&I&]0H?;FBJ-'6@E"C^"0E MB#85SIE84 U\\*L:QZS6?@!8HMPRY/:;@=QK.UQ.WFSHXFW/G1_*-5RP9K(;-@-4AB^%T+LG05:9Z)D"3*Y\,<:,&(NXQ:^<)1''@3=] MD(DW>;L]*\4/-2YRYXBQZH+)P#5N!KB>X]<0_!'C>QZ'[ L;, $Z9P*GNA+9 M>G4[:H%TFN"_G A>_$-9BX8#7K## 7.M)?> <'O;@C]B!$_%:DX/GVT'O/BL M?M,RT50E9XS!D1!UJ$06.C+%*P\G-$#/4I54.\*07]G"M^N-B# T9B4AJA$) M$89LW1JX]E0:8=@?7@PU7?^JJ\6:$889YV9%&,I?4/#94U) D@2*QN!-\72C M2E1&O5,DSASV?>8D?@-F+M(1*0Q!8@M&(T\&-&2 3TQZBI/'2)\[?P-PL43L M3U"+]@(0A('C/^C+:0$Z9X0ZN3)2&G^E*7>CN.SS[E4;.H\@P#*39BY)#9P1 M;D\D/$DQ8TQCJ6?#X)^V&X//P,9_UTDT,"K>3\;DK82^==B .=>4=_SO MN\U*.$"OHB71-=)_(EAJ\NI<(>,L 8\BR8^Y;T/N$!(V%TL:!QBN-0 M1%%[G'R9FQP\S\ U$L$"1Q8G@J>FYF57-$[#G,IB:9F;5^TI>YDGQ6 6(_1! MD.4$6JM/Y_LLO@+C58U8T5ZET_93LS*KQ M:II[2O9Z@KT4-'A@BV* Q=2IWEJ6M3)X#/PWB%/S)GF%9SYJ>#.=XPXLD,H&#DV M*D:.$1TU^Q_^9FU[L2WB6+YG[3IB)3WYX<\QP)]C@"V0Z<]AS_R:_3D[9J\V MNX]_AR! XEIN'L ;<"D^'K[*QBF80V%%+=?@M0':+S7=._:HKWH)T3 ."S74 M2L%(95&T9.N_X_G>6\=1F,CQDNI0[J/-!I#Z,Z8#![3[K&K]@AQ_WH;H+ M:!6;CX2:O-9U((U3)'A@@9/=OY@4=_35"X#MXFQ&G] ,B5TC4V\_-$A3 *-6 M\P%3AU&E&:"$TY W<9[I-A0M59F5E&0IG6EN/<0;\_E97EA+RLY(3< M]\C:=^E\/)((AH/1$(GON*ZPW[);YK1Y>HXGGI!E<]GNUHF.&Z(#@K-\>_-1C67&TW$C^4ZIHN 0XXFLZ M?PS &_3CT-W\';C.8^)X 7L)4#W@ G2:#Q6YK)OUVDZ39BC#/9WRIJA3>#E[ M6KR,84_Q+0OH%S)8>_",&(;+"SW#AP3FYQG'#<1W/XH;>\!',T3ZK*)HV;%(5!0-E2GTI> M#?#SG%[0$O- 4Q'1^AAYWX:=4M5526[.7(ARX8-YFJ964"TQ>-D%5>J< MF"MC+FI.H?4BZ-C":0E2BL:?,B^6%S8=.SHF10%)94#JFSQW$]5 O/@24PZ-9"I?:C00K#/;*M6>_/\^6J)7PS@]6L4M.(RY0LP$JIVAM MK_2Z+&O7OQQ#<+!M3"99QLL!I.+&H<* B4)(5AF@3!Z0OLB M(;9,!D:D8QCFP05TY24A!WA+0 MCZ"X2)P+".D(()Y459>AXD>M]%ROO@TCN,)I_AM/Y'?1L;P9M]]X+HR!. M"HK>H^YSWZ/>=>&@2(AO5>^Z81WTHUVWI;6'^5S9+L[-_+P$(/H4^/$:C0:N M*\Z4JN9:(,YW;BHSJ<#=9$X0:BXL,['*PC',NUKF0D14Y53T<+-N[L7T1S]( MU!#MV"H93=1-G@ %DV'!K/-7;%V8403M?,#TC+!543(* MHDI+GLW2,]T #UK M$P 1 " 0 !A=&5L+3(P,C P-C,P+GAM;%!+ 0(4 Q0 M ( #6 5 M " =GL !A=&5L+3(P,C P-C,P7V-A;"YX;6Q02P$"% ,4 " W M.0Y1'## >IP< !:UP$ %0 @ $(^0 871E;"TR,#(P,#8S M,%]D968N>&UL4$L! A0#% @ -SD.430F(L1[0@ R+X# !4 M ( !UQ4! &%T96PM,C R,# V,S!?;&%B+GAM;%!+ 0(4 Q0 ( #7W!R92YX;6Q02P4& 8 !@"* 0 AXH! end