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Notes and Other Receivables (Tables)
 6 Months Ended
Jun. 30, 2020
Receivables [Abstract]  
Notes and other receivables
Notes and other receivables consist of the following as of June 30, 2020 and December 31, 2019 ($ in thousands):
 
June 30, 2020
 
December 31, 2019
Note receivable, secured, bearing interest at 9.00%, due May 2021 (Originated May 2017) (1)
$
—

 
$
16,828

Note receivable, secured, bearing interest at 9.90%, due November 2021 (Originated November 2018)
13,506

 
12,838

Related party note receivable, secured, bearing variable rate interest, due February
2020 (Originated November 2019) (2)(3)
—

 
85,713

Notes receivable, secured, bearing interest at 11.00%, due October 2023 (Originated April 2020)
6,582

 
—

Notes and other receivables from affiliates (4)
5,156

 
4,442

Other receivables
19,604

 
14,544

Allowance for credit losses
(100
)
 
—

Total notes and other receivables
$
44,748

 
$
134,365



(1) In January 2020, the Company received cash of $16.9 million from the payoff of this note receivable.
(2) See Note 6, Related Party Transactions, for additional details.
(3) In January 2020, the Company received cash of $85.8 million from the payoff of this note receivable.
(4) These amounts consist of short-term loans outstanding and due from various joint ventures as of June 30, 2020 and December 31, 2019. See Note 6, Related Party Transactions, for additional details.
Schedule of allowance for credit loss The following table presents the allowance for credit losses rollforward for the mortgage backed security ($ in thousands):

Balance at December 31, 2019
$
—

Impact of adoption ASC 326 (1)
13,644

Provision for credit losses
—

Balance at June 30, 2020
$
13,644


(1) As part of the adoption of ASC 326, effective January 1, 2020, the Company recorded a gross up of the mortgage backed security and related allowance for credit losses of $13.6 million. This gross up had no effect on the Company's consolidated results of operations or financial position.
The following table presents the activity in the allowance for credit losses for notes and other receivables by loan type ($ in thousands):

 
Mezzanine Loans
 
Bridge Loans
 
Total
Balance at December 31, 2019
$
—

 
$
—

 
$
—

Impact of adoption ASC 326
147

 
43

 
190

Provision for credit losses
(47
)
 
(43
)
 
(90
)
Balance at June 30, 2020
$
100

 
$
—

 
$
100