Notes Receivable and Allowance for Losses (Tables)

9 Months Ended

Sep. 30, 2016

Notes Receivable and Allowance for Losses [Line Items]

Schedule Of Notes Receivable

The following table shows the composition of the Company's notes receivable balances:

	September 30, 2016						December 31, 2015
	(in thousands)						(in thousands)
Credit Quality Indicator	Forgivable Notes Receivable		Mezzanine & Other Notes Receivable		Total		Forgivable Notes Receivable		Mezzanine & Other Notes Receivable		Total
Senior	$	—	$	52,176	$	52,176	$	—	$	40,388	$	40,388
Subordinated	—		6,416		6,416		—		6,197		6,197
Unsecured	51,401		3,915		55,316		44,333		3,526		47,859
Total notes receivable	51,401		62,507		113,908		44,333		50,111		94,444
Allowance for losses on non-impaired loans	5,052		1,050		6,102		4,615		1,364		5,979
Allowance for losses on receivables specifically evaluated for impairment	—		1,647		1,647		—		786		786
Total loan reserves	5,052		2,697		7,749		4,615		2,150		6,765
Net carrying value	$	46,349	$	59,810	$	106,159	$	39,718	$	47,961	$	87,679
Current portion, net	$	295	$	7,414	$	7,709	$	143	$	4,964	$	5,107
Long-term portion, net	46,054		52,396		98,450		39,575		42,997		82,572
Total	$	46,349	$	59,810	$	106,159	$	39,718	$	47,961	$	87,679

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, 2016:

	Forgivable Notes Receivable			Mezzanine & Other  Notes Receivable
	(in thousands)
Beginning balance	$	4,615		$	2,150
Provisions	1,188			861
Recoveries	(74		)	(164		)
Write-offs	(301		)	(150		)
Other(1)	(376		)	—
Ending balance	$	5,052		$	2,697

(1) Consists of changes in foreign currency exchange rates and default rate assumption changes

Forgivable Notes Receivable

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, 2016
Forgivable Notes	$	—	$	1,822	$	1,822	$	49,579	$	51,401
	$	—	$	1,822	$	1,822	$	49,579	$	51,401
As of December 31, 2015
Forgivable Notes	$	—	$	1,161	$	1,161	$	43,172	$	44,333
	$	—	$	1,161	$	1,161	$	43,172	$	44,333

Mezzanine & Other Notes Receivable

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, 2016
Senior	$	6,056	$	—	$	6,056	$	46,120	$	52,176
Subordinated	—		—		—		6,416		6,416
Unsecured	—		—		—		3,915		3,915
	$	6,056	$	—	$	6,056	$	56,451	$	62,507
As of December 31, 2015
Senior	$	—	$	—	$	—	$	40,388	$	40,388
Subordinated	—		—		—		6,197		6,197
Unsecured	—		—		—		3,526		3,526
	$	—	$	—	$	—	$	50,111	$	50,111