Allowance for Doubtful Accounts (Tables)

3 Months Ended

Mar. 31, 2023

Receivables [Abstract]

Schedule of 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 three months ended March 31, 2023.

	Notes Receivable
	Amortized Cost Basis by Origination Year
	2023		2022		2021		2020		2019		Prior		Total
	(in thousands)
Notes Receivable
Standard notes receivable	$	18,380	$	27,856	$	7,922	$	1,540	$	53	$	21,975	$	77,726
Elevated risk notes receivable	$	—	$	—	$	2,510	$	—	$	—	$	795	$	3,305
Current-period gross write-offs	$	—	$	—	$	—	$	—	$	—	$	51	$	51
Current-period recoveries	—		—		—		—		—		—		—
Current-period net write-offs	$	—	$	—	$	—	$	—	$	—	$	51	$	51

Schedule of 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 March 31, 2023:

	Age Analysis of Past-Due Notes Receivable as of March 31, 2023
	0 - 90 Days		91 - 180 Days		Greater than 181 Days		Total
	(in thousands)
Notes Receivable
Standard notes receivable	$	3,305	$	276	$	3,414	$	6,995
Elevated risk notes receivable	136		—		795		931
	$	3,441	$	276	$	4,209	$	7,926

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 March 31, 2023 and 2022.

	Allowance for doubtful accounts
Portfolio Segment:	December 31, 2022		Write-Offs1		Bad Debt Expense		March 31, 2023
	(in thousands)
Accounts Receivables	$	66,601	$	(3,453)	$	5,259	$	68,407
Notes Receivables
Standard notes receivable	$	6,052	$	—	$	373	$	6,425
Elevated risk notes receivable	811		(51)		1,275		2,035
Total notes receivable	$	6,863	$	(51)	$	1,648	$	8,460
Total accounts and notes receivable	$	73,464	$	(3,504)	$	6,907	$	76,867

1.Write-offs are shown net of recoveries. During the three months ended March 31, 2023, the Company collected less than $0.1 million of accounts and notes receivables which had previously been written-off as uncollectible.

	Allowance for doubtful accounts
Portfolio Segment:	December 31, 2021		Write-Offs1		Bad Debt Expense		March 31, 2022
	(in thousands)
Accounts Receivables	$	50,794	$	(5,343)	$	3,960	$	49,411
Notes Receivables
Standard notes receivable	$	13,607	$	—	$	(1,065)	$	12,542
Elevated risk notes receivable	1,183		—		(44)		1,139
Total notes receivable	$	14,790	$	—	$	(1,109)	$	13,681
Total Accounts and notes receivable	$	65,584	$	(5,343)	$	2,851	$	63,092

1.Write-offs are shown net of recoveries. During the three months ended March 31, 2022, the Company collected $0.2 million of accounts 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 March 31, 2023 and 2022.

	Allowance for doubtful accounts
Portfolio Segment:	December 31, 2022		Write-Offs1		Bad Debt Expense		March 31, 2023
	(in thousands)
Accounts Receivables	$	66,601	$	(3,453)	$	5,259	$	68,407
Notes Receivables
Standard notes receivable	$	6,052	$	—	$	373	$	6,425
Elevated risk notes receivable	811		(51)		1,275		2,035
Total notes receivable	$	6,863	$	(51)	$	1,648	$	8,460
Total accounts and notes receivable	$	73,464	$	(3,504)	$	6,907	$	76,867

1.Write-offs are shown net of recoveries. During the three months ended March 31, 2023, the Company collected less than $0.1 million of accounts and notes receivables which had previously been written-off as uncollectible.

	Allowance for doubtful accounts
Portfolio Segment:	December 31, 2021		Write-Offs1		Bad Debt Expense		March 31, 2022
	(in thousands)
Accounts Receivables	$	50,794	$	(5,343)	$	3,960	$	49,411
Notes Receivables
Standard notes receivable	$	13,607	$	—	$	(1,065)	$	12,542
Elevated risk notes receivable	1,183		—		(44)		1,139
Total notes receivable	$	14,790	$	—	$	(1,109)	$	13,681
Total Accounts and notes receivable	$	65,584	$	(5,343)	$	2,851	$	63,092

1.Write-offs are shown net of recoveries. During the three months ended March 31, 2022, the Company collected $0.2 million of accounts and notes receivables which had previously been written-off as uncollectible.