XML 36 R26.htm IDEA: XBRL DOCUMENT v3.25.3

Receivables and Allowance for Credit Losses (Tables)

9 Months Ended

Sep. 30, 2025

Accounts and Financing Receivable, after Allowance for Credit Loss [Abstract]

Schedule of Notes Receivable

The following table summarizes the composition of the notes receivable balances by credit quality indicator and the allowance for credit losses:

(in thousands)			September 30, 2025						December 31, 2024
Senior			$	99,849					$	94,963
Subordinated			15,367						15,433
Unsecured			4,044						5,118
Total notes receivable			$	119,260					$	115,514
Less: allowance for credit losses			7,483						7,331
Total notes receivable, net of allowance for credit losses			$	111,777					$	108,183
Current portion, net of allowance for credit losses			$	95,509					$	75,501
Long-term portion, net of allowance for credit losses			$	16,268					$	32,682

Schedule of Financing Receivable Credit Quality Indicators

The following table summarizes the amortized cost basis of the notes receivable by the year of origination and credit quality indicator:

(in thousands)			2025						2024						2023						2022						2021						Prior						Total
Senior			$	1,684					$	42,280					$	—					$	—					$	—					$	55,885					$	99,849
Subordinated			1,199						—						3,502						—						—						10,666						15,367
Unsecured			236						124						—						—						748						2,936						4,044
Total notes receivable			$	3,119					$	42,404					$	3,502					$	—					$	748					$	69,487					$	119,260

Schedule of Financing Receivable, Allowance for Credit Loss

The following table summarizes the activity related to the Company’s notes receivable allowance for credit losses:

(in thousands)			September 30, 2025						December 31, 2024
Beginning balance			$	7,331					$	8,616
Provision (reversal) for credit losses			152						(609)
Recoveries			—						(676)
Ending balance			$	7,483					$	7,331

Schedule of Past Due Balances of Notes Receivable

The following table summarizes the past due balances by credit quality indicator of the notes receivable:

(in thousands)			1- 30 days Past Due						31-89 days Past Due						> 90 days Past Due						Total Past Due						Current						Total  Notes Receivable
As of September 30, 2025
Senior			$	—					$	—					$	42,900					$	42,900					$	56,949					$	99,849
Subordinated			—						—						2,264						2,264						13,103						15,367
Unsecured			—						—						384						384						3,660						4,044
			$	—					$	—					$	45,548					$	45,548					$	73,712					$	119,260
As of December 31, 2024
Senior			$	—					$	—					$	15,200					$	15,200					$	79,763					$	94,963
Subordinated			—						—						2,264						2,264						13,169						15,433
Unsecured			—						—						784						784						4,334						5,118
			$	—					$	—					$	18,248					$	18,248					$	97,266					$	115,514

X

- References

No definition available.

+ Details

Name:	us-gaap_AccountsAndNotesReceivableNetAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of allowance for credit loss on financing receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479319/326-20-50-13

+ Details

Name:	us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479319/326-20-50-5

+ Details

Name:	us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of aging analysis for financing receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 14
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479319/326-20-50-14

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 80
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479294/326-20-55-80

+ Details

Name:	us-gaap_PastDueFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(4))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(3))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

+ Details

Name:	us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration