Allowance for Credit Loss

9 Months Ended

Sep. 30, 2023

Credit Loss [Abstract]

Allowance for Credit Loss

Allowance for Credit Loss

As of September 30, 2023, the Company had a $64 credit loss allowance resulting from an investment in a sales-type lease. There were no allowances for credit losses in 2022. The activity for the credit loss allowance related to the sales-type lease is as follows:

	For the Nine Months Ended September 30, 2023
	Balance at Beginning of Period		Write-Offs		General Allowance		Balance at End of Period
Allowance for credit loss	$	93	$	—	$	(29)	$	64

As of September 30, 2023, the lessee in the sales-type lease remains current on their obligations to the Company and, therefore, the investment is not on non-accrual status.

The following table details the investment in a sales-type lease as of September 30, 2023:

	As of September 30, 2023
	Amortized cost		Allowance		Net Investment		Allowance as a % of Amortized Cost
Investment in a sales-type lease	$	62,951	$	(64)	$	62,887	0.10	%