Allowance for Losses

12 Months Ended

Dec. 31, 2015

Receivables [Abstract]

Allowance for Losses

We had total loans receivable of $8.8 million at December 31, 2015 and $97.3 million at December 31, 2014. No loans were impaired at December 31, 2015 or 2014. In 2015, AAE repaid its outstanding loan in the amount of €68.2 million ($77.2 million), including €67.5 million ($76.4 million) of remaining principal and €0.7 million ($0.8 million) of accrued interest.

The following table shows scheduled loan principal payments due by year at December 31, 2015 (in millions):

2016	$	2.0
2017	2.0
2018	4.2
2019	0.1
2020	0.1
Thereafter	0.4
	$	8.8

The following table shows changes in the allowance for losses at December 31 (in millions):

	2015			2014
Beginning balance	$	5.7		$	5.2
Provision for losses	6.6			0.8
Charges to allowance	(1.9		)	(0.3		)
Recoveries and other, including foreign exchange adjustments	(0.1		)	—
Ending balance	$	10.3		$	5.7

The allowance for losses is comprised of a general allowance for trade receivables and specific allowances for finance leases. As of December 31, 2015, the general allowance for trade receivables was $6.3 million, or 9.1% of rent and other receivables, compared to $4.5 million, or 5.2% of rent and other receivables, at December 31, 2014. At December 31, 2015, specific allowances for finance leases were $4.0 million compared to $1.2 million at December 2014. The specific allowance increase in 2015 was related to a loss reserve recorded in connection with one investment at Portfolio Management.