OTHER INVESTMENTS

3 Months Ended

Mar. 31, 2015

Receivables [Abstract]

OTHER INVESTMENTS

NOTE 5 – OTHER INVESTMENTS

A summary of our other investments is as follows:

	March 31,		December 31,
	2015		2014
	(in thousands)
Other investment notes due 2015	$	91	$	141
Other investment notes due 2021 - 2023		17,413		16,182
$31.5 million other investment note due 2017		23,500		23,500
$2.5 million other investment note due 2014		—		1,640
$6.0 million other investment note due 2015		5,439		5,439
$1.3 million other investment note due 2017		1,300		1,300
$0.9 million other investment note due 2015		525		750
Notes receivable, gross(1)		48,268		48,952
Allowance for loss on notes receivable		—		—
Total other investments	$	48,268	$	48,952

(1) The majority of these notes bear interest at approximately 10% annually.

$2.5 Million Other Investment note due 2014 Payoff

In May 2013, we entered into a $2.5 million working capital note at 6% interest rate with an existing operator.  The loan was paid off in March 2015.