ALLOWANCE FOR ESTIMATED LOSSES

12 Months Ended

Dec. 31, 2014

ALLOWANCE FOR ESTIMATED LOSSES

ALLOWANCE FOR ESTIMATED LOSSES

NOTE 4.     ALLOWANCE FOR ESTIMATED LOSSES

The allowance account was reviewed and there were no additional allowances recorded for receivables in 2014.  The decrease in 2014 was due to a fully reserved note that was written off.  The decrease in 2012 was due to two notes that were written off, both of which were fully reserved.  The table below shows our allowance for estimated losses (dollars in thousands):

	2014			2013		2012
Balance January 1,	$	2,262		$	2,262	$	3,942
Decrease in provision		(272	)		-		(1,680	)
Balance December 31,	$	1,990		$	2,262	$	2,262