Factored Accounts and Receivables (Tables)

12 Months Ended

Dec. 31, 2018

Factored Accounts and Receivables

Schedule of accounts receivables

Accounts receivables consisted of the following (in thousands):

	December 31, 2018		December 31, 2017
Non-recourse receivables sold	$	380,595	$	—
Recourse receivables sold		43,630		—
Total receivables sold		424,225		—
Purchase price of sold receivables		(364,900)		—
Allowances and bad debt		(25,500)		—
Sold receivables, net	$	33,825	$	—
Accounts receivable, net		27,910		27,013
Allowances and bad debt		—		(4,767)
Total accounts receivable, net	$	27,910	$	22,246