Notes Receivable and Allowance for Losses (Tables)

9 Months Ended

Sep. 30, 2015

Notes Receivable and Allowance for Losses [Line Items]

Schedule Of Notes Receivable

The following table shows the composition of our notes receivable balances:

	September 30, 2015						December 31, 2014
	(in thousands)						(in thousands)
Credit Quality Indicator	Forgivable Notes Receivable		Mezzanine & Other Notes Receivable		Total		Forgivable Notes Receivable		Mezzanine & Other Notes Receivable		Total
Senior	$	—	$	29,700	$	29,700	$	—	$	10,152	$	10,152
Subordinated	—		6,215		6,215		—		3,863		3,863
Unsecured	43,435		3,695		47,130		32,379		3,995		36,374
Total notes receivable	43,435		39,610		83,045		32,379		18,010		50,389
Allowance for losses on non-impaired loans	4,571		1,451		6,022		3,661		1,540		5,201
Allowance for losses on receivables specifically evaluated for impairment	—		786		786		—		786		786
Total loan reserves	4,571		2,237		6,808		3,661		2,326		5,987
Net carrying value	$	38,864	$	37,373	$	76,237	$	28,718	$	15,684	$	44,402
Current portion, net	$	148	$	2,333	$	2,481	$	124	$	3,837	$	3,961
Long-term portion, net	38,716		35,040		73,756		28,594		11,847		40,441
Total	$	38,864	$	37,373	$	76,237	$	28,718	$	15,684	$	44,402

Summary Of Activity Related To Allowance For Losses

The following table summarizes the activity related to the Company’s Forgivable Notes Receivable and Mezzanine and Other Notes Receivable allowance for losses for the nine months ended September 30, 2015:

	Forgivable Notes Receivable			Mezzanine & Other  Notes Receivable
	(in thousands)
Beginning balance	$	3,661		$	2,326
Provisions	1,471			—
Recoveries	(498		)	(89		)
Write-offs	(511		)	—
Other(1)	448			—
Ending balance	$	4,571		$	2,237

(1) Consists of default rate assumption changes

Forgivable Notes Receivable [Member]

Notes Receivable and Allowance for Losses [Line Items]

Past Due Balances Of Notes Receivable

Past due balances of forgivable notes receivable are as follows:

	30-89 days Past Due		> 90 days Past Due		Total Past Due		Current		Total  Notes Receivable
	(in thousands)
As of September 30, 2015
Forgivable Notes	$	—	$	1,191	$	1,191	$	42,244	$	43,435
	$	—	$	1,191	$	1,191	$	42,244	$	43,435
As of December 31, 2014
Forgivable Notes	$	—	$	1,227	$	1,227	$	31,152	$	32,379
	$	—	$	1,227	$	1,227	$	31,152	$	32,379

Mezzanine & Other Notes Receivable [Member]

Notes Receivable and Allowance for Losses [Line Items]

Past Due Balances Of Notes Receivable

Past due balances of mezzanine and other notes receivable by credit quality indicators are as follows:

	30-89 days Past Due		> 90 days Past Due		Total Past Due		Current		Total  Notes Receivable
	(in thousands)
As of September 30, 2015
Senior	$	—	$	—	$	—	$	29,700	$	29,700
Subordinated	—		—		—		6,215		6,215
Unsecured	—		47		47		3,648		3,695
	$	—	$	47	$	47	$	39,563	$	39,610
As of December 31, 2014
Senior	$	—	$	—	$	—	$	10,152	$	10,152
Subordinated	—		—		—		3,863		3,863
Unsecured	—		47		47		3,948		3,995
	$	—	$	47	$	47	$	17,963	$	18,010