TRADE AND OTHER RECEIVABLES

12 Months Ended

Dec. 31, 2018

Receivables [Abstract]

TRADE AND OTHER RECEIVABLES

TRADE AND OTHER RECEIVABLES

Trade receivables represent short-term credit granted to customers as well as long-term loans receivable on our games, equipment, and compliance products. Trade and loans receivables generally do not require collateral. The balance of trade and loans receivables consists of outstanding balances owed to us by gaming establishments. Other receivables include income tax receivables and other miscellaneous receivables.

The balance of trade and other receivables consisted of the following (in thousands): 

	At December 31,
	2018			2017
Trade and other receivables, net
Games trade and loans receivables	$	53,011		$	38,070
FinTech trade and loans receivables	18,890			10,780
Other receivables	1,333			1,570
Total trade and other receivables, net	$	73,234		$	50,420
Non-current portion of receivables
Games trade and loans receivables	(2,922		)	(1,267		)
FinTech trade and loans receivables(1)	(5,925		)	(1,371		)
Total non-current portion of receivables	$	(8,847	)	$	(2,638	)
Total trade and other receivables, current portion	$	64,387		$	47,782

(1) In connection with the adoption of ASC 606 utilizing the modified retrospective transition method, we recorded an immaterial cumulative adjustment with respect to certain amounts that had been previously deferred under the then existing revenue recognition guidance as of December 31, 2017 that required recognition under ASC 606 as of the effective date of adoption in accumulated deficit.

At least quarterly, we evaluate the collectability of the outstanding balances and establish a reserve for the amount of the expected losses on our receivables. The allowance for doubtful accounts for trade receivables was approximately $6.4 million and $4.7 million as of December 31, 2018 and 2017, respectively, and included approximately $3.2 million and $2.7 million of check warranty reserves, respectively. The provision for doubtful customer accounts receivable is generally included within operating expenses in the Statements of Income (Loss).

A summary activity of the reserve for check warranty losses is as follows (in thousands): 

	Amount
Balance, December 31, 2015	$	2,973
Warranty expense provision	8,694
Charge-offs against reserve	(8,972		)
Balance, December 31, 2016	2,695
Warranty expense provision	9,418
Charge-offs against reserve	(9,404		)
Balance, December 31, 2017	2,709
Warranty expense provision	9,819
Charge-offs against reserve	(9,366		)
Balance, December 31, 2018	$	3,162