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Notes And Other Receivables (Tables)
 6 Months Ended
Jun. 30, 2021
Long-term Notes and Loans, by Type, Current and Noncurrent [Abstract]  
Schedule of notes and other receivables
The following table sets forth certain information regarding notes and other receivables (in thousands):

 June 30, 2021December 31, 2020
Installment notes receivable on manufactured homes, net$82,506 $85,866 
Notes receivable from real estate developers61,955 52,638 
Other receivables, net117,872 83,146 
Total Notes and Other Receivables, net$262,333 $221,650 
Schedule of Installment Notes Receivable
The change in the aggregate balance of the installment notes receivable is as follows (in thousands):

Six Months Ended Year Ended
June 30, 2021December 31, 2020
Beginning balance of gross installment notes receivable$87,142 $96,225 
Financed sale of manufactured homes3,933 5,014 
Adjustment for notes receivable related to assets held for sale45 (477)
Principal payments and payoffs from our customers(6,177)(8,977)
Principal reduction from repossessed homes(1,627)(4,643)
Ending balance of gross installment notes receivable83,316 87,142 
Beginning balance of allowance for losses on installment notes receivables— (645)
Initial fair value option adjustment
— 645 
Ending balance of allowance for losses on installment notes receivables— — 
Beginning balance of fair value adjustments on gross installment notes receivable(1,276)— 
Initial fair value option adjustment— 991 
Adjustment for notes receivable related to assets held for sale(3)7 
Fair value adjustment469 (2,274)
Fair value adjustments on gross installment notes receivable(810)(1,276)
Ending balance of installment notes receivable, net$82,506 $85,866