XML 30 R15.htm IDEA: XBRL DOCUMENT v3.21.2
Investing Receivables
 6 Months Ended
Jun. 30, 2021
Receivables [Abstract]  
Investing Receivables Investing Receivables
 
Investing receivables consisted of the following (in thousands): 
June 30,
2021		December 31, 2020
Notes receivable from the City of Huntsville$69,165 $65,564 
Other investing loans receivable6,040 6,041 
Amortized cost basis75,205 71,605 
Allowance for credit losses(2,132)(2,851)
Investing receivables, net
$73,073 $68,754 
 
The balances above include accrued interest receivable, net of allowance for credit losses, of $1.8 million as of June 30, 2021 and $4.8 million as of December 31, 2020.
Our notes receivable from the City of Huntsville funded infrastructure costs in connection with our LW Redstone Company, LLC joint venture (see Note 6) and carry an interest rate of 9.95%. Our other investing loans receivable carry an interest rate of 8.0%.

The fair value of these receivables was approximately $76 million as of June 30, 2021 and $73 million as of December 31, 2020.