Allowance for Doubtful Accounts (Tables)

6 Months Ended

Jun. 30, 2022

Receivables [Abstract]

Notes Receivable Disaggregated by Vintage Year

The following table presents the Company’s two tiers of notes receivable further disaggregated by year of origination, as well as write-off activity for the six months ended June 30, 2022.

	Notes Receivable
	Amortized Cost Basis by Origination Year
	2022		2021		2020		2019		2018		Prior		Total
	(in thousands)
Notes Receivable
Standard notes receivable	$	10,927	$	12,589	$	2,371	$	173	$	16,680	$	22,840	$	65,580
Elevated risk notes receivable	$	—	$	—	$	—	$	—	$	—	$	1,223	$	1,223
Current-period gross write-offs	$	1	$	—	$	—	$	54	$	—	$	483	$	538
Current-period recoveries	—		—		—		—		—		—		—
Current-period net write-offs	$	1	$	—	$	—	$	54	$	—	$	483	$	538

Age Analysis of Past-Due Note Receivable

The following table provides information as to the status of payment on the Company’s notes receivable which were past due as of June 30, 2022:

	Age Analysis of Past-Due Notes Receivable as of June 30, 2022
	0 - 90 Days		91 - 180 Days		Greater than 181 Days		Total
	(in thousands)
Notes Receivable
Standard notes receivable	$	1,005	$	605	$	12,640	$	14,250
Elevated risk notes receivable	—		—		1,223		1,223
	$	1,005	$	605	$	13,863	$	15,473

Schedule of Changes in Allowance for Doubtful Accounts

The following tables provide a summary of the changes in the Company’s allowance for doubtful accounts on a portfolio segment basis for the three months ended June 30, 2022 and 2021.

	Allowance for doubtful accounts
Portfolio Segment:	March 31, 2022		Write-Offs1		Bad Debt Expense		June 30, 2022
	(in thousands)
Accounts receivables	$	49,411	$	(707)	$	13,899	$	62,603
Notes Receivables
Standard notes receivable	$	12,542	$	(55)	$	119	$	12,606
Elevated risk notes receivable	1,139		(483)		155		811
Total notes receivable	$	13,681	$	(538)	$	274	$	13,417
Total	$	63,092	$	(1,245)	$	14,173	$	76,020

1.Write-offs are shown net of recoveries. During the three months ended June 30, 2022, the Company collected less than $0.1 million of accounts receivables and notes receivables which had previously been written-off as uncollectible.

	Allowance for doubtful accounts
Portfolio Segment:	March 31, 2021		Write-Offs1		Bad Debt Expense		June 30, 2021
	(in thousands)
Accounts receivables	$	46,526	$	(75)	$	3,792	$	50,243
Notes Receivables
Standard notes receivable	$	12,993	$	—	$	(459)	$	12,534
Elevated risk notes receivable	1,583		39		(39)		1,583
Total notes receivable	$	14,576	$	39	$	(498)	$	14,117
Total	$	61,102	$	(36)	$	3,294	$	64,360

1.Write-offs are shown net of recoveries. During the three months ended June 30, 2021, the Company collected $0.1 million of accounts receivables which had previously been written-off as uncollectible.

The following tables provide a summary of the changes in the Company’s allowance for doubtful accounts on a portfolio segment basis for the six months ended June 30, 2022 and 2021.

	Allowance for doubtful accounts
Portfolio Segment:	December 31, 2021		Write-Offs1		Bad Debt Expense		June 30, 2022
	(in thousands)
Accounts receivables	$	50,794	$	(6,050)	$	17,859	$	62,603
Notes Receivables
Standard notes receivable	$	13,607	$	(55)	$	(946)	$	12,606
Elevated risk notes receivable	1,183		(483)		111		811
Total notes receivable	$	14,790	$	(538)	$	(835)	$	13,417
Total	$	65,584	$	(6,588)	$	17,024	$	76,020

1.Write-offs are shown net of recoveries. During the six months ended June 30, 2022, the Company collected $0.2 million of accounts receivables and notes receivables which had previously been written-off as uncollectible.

	Allowance for doubtful accounts
Portfolio Segment:	December 31, 2020		Write-Offs1		Bad Debt Expense		June 30, 2021
	(in thousands)
Accounts receivables	$	51,052	$	(7,380)	$	6,571	$	50,243
Notes Receivables
Standard notes receivable	$	13,258	$	(9)	$	(715)	$	12,534
Elevated risk notes receivable	3,491		(2,761)		853		1,583
Total notes receivable	$	16,749	$	(2,770)	$	138	$	14,117
Total	$	67,801	$	(10,150)	$	6,709	$	64,360

1.Write-offs are shown net of recoveries. During the six months ended June 30, 2021, the Company collected $0.1 million of accounts receivables and notes receivables which had previously been written-off as uncollectible.

Schedule of Changes in Allowance for Notes Receivable

The following tables provide a summary of the changes in the Company’s allowance for doubtful accounts on a portfolio segment basis for the three months ended June 30, 2022 and 2021.

	Allowance for doubtful accounts
Portfolio Segment:	March 31, 2022		Write-Offs1		Bad Debt Expense		June 30, 2022
	(in thousands)
Accounts receivables	$	49,411	$	(707)	$	13,899	$	62,603
Notes Receivables
Standard notes receivable	$	12,542	$	(55)	$	119	$	12,606
Elevated risk notes receivable	1,139		(483)		155		811
Total notes receivable	$	13,681	$	(538)	$	274	$	13,417
Total	$	63,092	$	(1,245)	$	14,173	$	76,020

1.Write-offs are shown net of recoveries. During the three months ended June 30, 2022, the Company collected less than $0.1 million of accounts receivables and notes receivables which had previously been written-off as uncollectible.

	Allowance for doubtful accounts
Portfolio Segment:	March 31, 2021		Write-Offs1		Bad Debt Expense		June 30, 2021
	(in thousands)
Accounts receivables	$	46,526	$	(75)	$	3,792	$	50,243
Notes Receivables
Standard notes receivable	$	12,993	$	—	$	(459)	$	12,534
Elevated risk notes receivable	1,583		39		(39)		1,583
Total notes receivable	$	14,576	$	39	$	(498)	$	14,117
Total	$	61,102	$	(36)	$	3,294	$	64,360

1.Write-offs are shown net of recoveries. During the three months ended June 30, 2021, the Company collected $0.1 million of accounts receivables which had previously been written-off as uncollectible.

The following tables provide a summary of the changes in the Company’s allowance for doubtful accounts on a portfolio segment basis for the six months ended June 30, 2022 and 2021.

	Allowance for doubtful accounts
Portfolio Segment:	December 31, 2021		Write-Offs1		Bad Debt Expense		June 30, 2022
	(in thousands)
Accounts receivables	$	50,794	$	(6,050)	$	17,859	$	62,603
Notes Receivables
Standard notes receivable	$	13,607	$	(55)	$	(946)	$	12,606
Elevated risk notes receivable	1,183		(483)		111		811
Total notes receivable	$	14,790	$	(538)	$	(835)	$	13,417
Total	$	65,584	$	(6,588)	$	17,024	$	76,020

1.Write-offs are shown net of recoveries. During the six months ended June 30, 2022, the Company collected $0.2 million of accounts receivables and notes receivables which had previously been written-off as uncollectible.

	Allowance for doubtful accounts
Portfolio Segment:	December 31, 2020		Write-Offs1		Bad Debt Expense		June 30, 2021
	(in thousands)
Accounts receivables	$	51,052	$	(7,380)	$	6,571	$	50,243
Notes Receivables
Standard notes receivable	$	13,258	$	(9)	$	(715)	$	12,534
Elevated risk notes receivable	3,491		(2,761)		853		1,583
Total notes receivable	$	16,749	$	(2,770)	$	138	$	14,117
Total	$	67,801	$	(10,150)	$	6,709	$	64,360

1.Write-offs are shown net of recoveries. During the six months ended June 30, 2021, the Company collected $0.1 million of accounts receivables and notes receivables which had previously been written-off as uncollectible.