	June 30, 2020			December 31, 2019
Loans and finance receivables before allowances and discounts	$	19,410		$	18,199
Allowances for credit losses		(732	)		(167	)
Unamortized acquisition discounts and points		(503	)		(505	)
	$	18,175		$	17,527

Loans and finance receivables are principally installment loans originated or acquired by our manufactured housing business. The changes in the allowance for credit losses for each of the first six months of 2020 and 2019 follow (in millions).

	2020			2019
Balance - beginning of year:	$	167		$	177
Adoption of ASC 326		486			—
Provision for credit losses		130			66
Charge-offs, net of recoveries		(51	)		(66	)
Balance - June 30:	$	732		$	177

As of June 30, 2020, approximately 99% of the manufactured housing loan balances were evaluated collectively for impairment. As of June 30, 2020, we considered approximately 98% of the loan balances to be current as to payment status. Manufactured housing loan balances before discounts and allowances designated as performing or non-performing are presented below by year of loan origination as of June 30, 2020 (in millions).

	Loans and Financing Receivables by Origination Year
	2020		2019		2018		2017		2016		Prior		Total
Performing	$	2,386	$	2,663	$	2,032	$	1,510	$	1,349	$	7,192	$	17,132
Non-performing		3		4		8		10		11		66		102
Total	$	2,389	$	2,667	$	2,040	$	1,520	$	1,360	$	7,258	$	17,234

We are party to an agreement with Seritage Growth Properties to provide a $2.0 billion term loan facility, which expires on July 31, 2023. The outstanding loan under the facility was approximately $1.6 billion as of both June 30, 2020 and December 31, 2019, and is secured by mortgages on real estate properties. In the first quarter of 2020, we provided a loan of $576 million to Lee Enterprises, Inc. in connection with its acquisition of our newspaper operations and the repayment of its then outstanding credit facilities. We are the sole lender to each of these entities and each of these loans is current as to payment status.