Accounts Receivable

12 Months Ended

Dec. 31, 2019

Receivables [Abstract]

Accounts Receivable

11. Accounts Receivable

As of December 31, 2019 and 2018, Accounts receivable consisted of the following:

(in thousands)	December 31, 2019	December 31, 2018
Trade and other accounts receivable	$201,427	$211,244
Bank promissory notes	18,563	19,269
Allowance for doubtful accounts	(1,719)	(7,337)
Accounts receivable, net	$218,271	$223,176

The 2019 decrease in Allowance for doubtful accounts was principally due to the write-off of Accounts receivables related to ongoing bankruptcy proceedings for certain Machine Clothing customers in Europe, which had been fully reserved as of December 31, 2018.

The Noncurrent receivables will be invoiced to the customer over a 10-year period, beginning in 2020. Accordingly, $5.2 million was reclassified from Noncurrent receivables to Trade and other accounts receivable during 2019. As of December 31, 2019 and December 31, 2018, Noncurrent receivables were as follows:

(in thousands)	December 31, 2019	December 31, 2018
Noncurrent receivables	$41,234	$45,061