XML 27 R15.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Investing Receivables | 9 Months Ended
--- | ---
Sep. 30, 2022
Receivables [Abstract] |
Investing Receivables | Investing Receivables Investing receivables consisted of the following (in thousands):
| September 30, 2022 |  | December 31, 2021
Notes receivable from the City of Huntsville | $ | 83,636 |  |  | $ | 77,784 |
Other investing loans receivable | 22,642 |  |  | 6,041 |
Amortized cost basis | 106,278 |  |  | 83,825 |
Allowance for credit losses | (3,728) |  |  | (1,599) |
Investing receivables, net | $ | 102,550 |  |  | $ | 82,226 |
The balances above include accrued interest receivable, net of allowance for credit losses, of $4.4 million as of September 30, 2022 and $5.3 million as of December 31, 2021. 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 as of September 30, 2022 carry interest rates ranging from 8.0% to 14.0% and mature within one year. The fair value of these receivables was approximately $108 million as of September 30, 2022 and $84 million as of December 31, 2021.

X
- Definition The entire disclosure for financing receivable. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -URI https://asc.fasb.org/subtopic&trid=2196772 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 20 -URI https://asc.fasb.org/subtopic&trid=2196816 + Details
Name: | us-gaap_FinancingReceivablesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ReceivablesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration