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Investing Receivables
 9 Months Ended
Sep. 30, 2024
Receivables [Abstract]  
Investing Receivables Investing Receivables
Investing receivables consisted of the following (in thousands): 
September 30,
2024		December 31,
2023
Notes receivable from the City of Huntsville$83,158 $77,022 
Other investing loan receivable3,245 6,867 
Amortized cost basis86,403 83,889 
Allowance for credit losses(2,867)(2,377)
Investing receivables, net$83,536 $81,512 

The balances above include accrued interest receivable, net of allowance for credit losses, of $4.5 million as of September 30, 2024 and $6.0 million as of December 31, 2023.

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 loan receivable as of September 30, 2024 carries an effective interest rate of 14.0% and matures in 2025.

The fair value of these receivables was approximately $86 million as of September 30, 2024 and $84 million as of December 31, 2023.