Other non-current assets

6 Months Ended

Jun. 30, 2022

Other non-current assets

Other non-current assets

16.    Other non-current assets

	June 30,		December 31,
	2022		2021
Right-of-use assets	$	134,219	$	114,414
Tax receivable		10,641		10,289
Loans receivable		7,199		—
Deferred debt issue costs		4,223		5,236
Other		12,078		12,565
	$	168,360	$	142,504

The Company recognized a right-of-use asset of $16,587,000 as a result of the sale and leaseback transaction on the Bolton property in March 2022 (Note 15 and 21) and recognized a right-of-use asset of $9,020,000 as a result of a new lease signed on an auction site in Maltby, United Kingdom in June 2022 (Note 21).

16.    Other non-current assets (continued)

Loans receivable

As at June 30, 2022, the Company held four financing lending arrangements that are fully collateralized and secured by certain equipment. These financing lending arrangements have a term of one to four years. In the event of default under these agreements, the Company will take possession of the equipment as collateral to recover its loans receivable balance. The loans receivable balance as at June 30, 2022 was $11,749,000, of which $4,550,000 is recorded in trade and other receivables and $7,199,000 in non-current loans receivable (December 31, 2021: $7,267,000, of which $7,267,000 was recorded in trade and other receivables and nil in non-current loans receivable). The expected credit loss allowance is not significant.