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Note 14. Credit Quality and Allowance for Credit Losses of Notes Receivable
3 Months Ended
Sep. 30, 2013
Credit Quality and Allowance for Credit Losses of Notes Receivable [Abstract]  
Loans, Notes, Trade and Other Receivables Disclosure
Credit Quality and Allowance for Credit Losses of Notes Receivable
Kimball monitors credit quality and associated risks of notes receivable on an individual basis based on criteria such as financial stability of the party and collection experience in conjunction with general economic and market conditions. The allowance on the notes receivable from an electronics engineering services firm was reduced as payments were received during the first quarter of fiscal year 2014. We hold collateral for the note receivable from the sale of an Indiana facility thereby mitigating the risk of loss. As of September 30, 2013 and June 30, 2013, Kimball had no material past due outstanding notes receivable.
 
As of September 30, 2013
 
As of June 30, 2013
(Amounts in Thousands)
Unpaid Balance
 
Related Allowance
 
Receivable Net of Allowance
 
Unpaid Balance
 
Related Allowance
 
Receivable Net of Allowance
Note Receivable from Sale of Indiana Facility
$
1,409

 
$

 
$
1,409

 
$
1,413

 
$

 
$
1,413

Notes Receivable from an Electronics Engineering Services Firm
338

 
273

 
65

 
521

 
440

 
81

Other Notes Receivable
76

 
28

 
48

 
127

 
85

 
42

Total
$
1,823

 
$
301

 
$
1,522

 
$
2,061

 
$
525

 
$
1,536