Notes Receivable (Tables)

6 Months Ended

Jun. 30, 2018

Information Relating To Bluegreen's Notes Receivable



	As of
	June 30,		December 31,
	2018		2017
Notes receivable secured by VOIs:
VOI notes receivable - non-securitized	$	170,296	$	184,971
VOI notes receivable - securitized		381,886		364,349
		552,182		549,320
Allowance for loan losses - non-securitized		(37,628)		(38,497)
Allowance for loan losses - securitized		(85,870)		(85,161)
VOI notes receivable, net	$	428,684	$	425,662
Allowance as a % of VOI notes receivable		22%		23%

Notes receivable secured by homesites: (1)
Homesite notes receivable		1,070		1,329
Allowance for loan losses		(107)		(133)
Homesite notes receivable, net	$	963	$	1,196
Allowance as a % of homesite notes receivable		10%		10%
Total notes receivable:
Gross notes receivable	$	553,252	$	550,649
Allowance for loan losses		(123,605)		(123,791)
Notes receivable, net	$	429,647	$	426,858
Allowance as a % of gross notes receivable		22%		22%

(1)

Notes receivable secured by homesites were originated through a business, substantially all the assets of which were sold by us in 2012.

Activity In The Allowance For Loan Losses



	For the Six Months Ended
	June 30,
		2018
Balance, beginning of period	$	123,791
Provision for loan losses		21,447
Less: Write-offs of uncollectible receivables		(21,633)
Balance, end of period	$	123,605

Delinquency Status Of VOI Notes Receivable



	As of
	June 30,		December 31,
	2018		2017
Current	$	527,487	$	525,482
31-60 days		5,825		6,088
61-90 days		3,368		4,897
Over 91 days (1)		15,502		12,853
Total	$	552,182	$	549,320

(1)

Includes $11.0 million and $7.6 million as of June 30, 2018 and December 31, 2017, respectively, related to VOI notes receivable that, as of such date, had defaulted, but the related VOI note receivable balance had not yet been charged off in accordance with the provisions of certain of our receivable-backed notes payable transactions. These VOI notes receivable have been reflected in the allowance for loan losses.