XML 43 R32.htm IDEA: XBRL DOCUMENT
v3.21.2

Other Assets (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] |
Schedule of Changes in Allowance for Credit Losses for Accounts Receivable | The changes in our allowance for credit losses for accounts receivable are as follows (in thousands):
| Three Months Ended June 30, 2021 |  | Three Months Ended June 30, 2020 |  | Six Months Ended June 30, 2021 |  | Six Months Ended June 30, 2020
| Alarm.com and Certain Subsidiaries |  | All Other Subsidiaries |  | Alarm.com and Certain Subsidiaries |  | All Other Subsidiaries |  | Alarm.com and Certain Subsidiaries |  | All Other Subsidiaries |  | Alarm.com and Certain Subsidiaries |  | All Other Subsidiaries
Beginning of period balance | $ | (3,670) |  |  | $ | (242) |  |  | $ | (4,555) |  |  | $ | (234) |  |  | $ | (4,442) |  |  | $ | (254) |  |  | $ | (2,500) |  |  | $ | (84) |
Impact of adopting Topic 326 | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (212) |  |  | (155) |
(Provision for) / recovery of expected credit losses | (111) |  |  | (7) |  |  | 935 |  |  | (15) |  |  | (147) |  |  | (3) |  |  | (951) |  |  | (14) |
Write-offs | 338 |  |  | 118 |  |  | 70 |  |  | 11 |  |  | 1,146 |  |  | 126 |  |  | 113 |  |  | 15 |
End of period balance | $ | (3,443) |  |  | $ | (131) |  |  | $ | (3,550) |  |  | $ | (238) |  |  | $ | (3,443) |  |  | $ | (131) |  |  | $ | (3,550) |  |  | $ | (238) |
The changes in our allowance for credit losses for notes receivable are as follows (in thousands):
| Three Months Ended June 30, 2021 |  | Three Months Ended June 30, 2020 |  | Six Months Ended June 30, 2021 |  | Six Months Ended June 30, 2020
| Loan Receivables |  | Hardware Financing Receivables |  | Loan Receivables |  | Hardware Financing Receivables |  | Loan Receivables |  | Hardware Financing Receivables |  | Loan Receivables |  | Hardware Financing Receivables
Beginning of period balance | $ | (73) |  |  | $ | (5) |  |  | $ | (87) |  |  | $ | (29) |  |  | $ | (73) |  |  | $ | (16) |  |  | $ | — |  |  | $ | (16) |
Impact of adopting Topic 326 | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (434) |  |  | (15) |
(Provision for) / recovery of expected credit losses | (1) |  |  | 1 |  |  | 41 |  |  | (8) |  |  | (1) |  |  | 12 |  |  | 388 |  |  | (6) |
Write-offs | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
End of period balance | $ | (74) |  |  | $ | (4) |  |  | $ | (46) |  |  | $ | (37) |  |  | $ | (74) |  |  | $ | (4) |  |  | $ | (46) |  |  | $ | (37) |
Schedule of Financing Receivable Credit Quality Indicators | We manage our notes receivables using delinquency as a key credit quality indicator. The following tables reflect the current and delinquent notes receivable by class of financing receivables and by year of origination (in thousands):
| June 30, 2021
Loan Receivables: | 2021 |  | 2020 |  | 2019 |  | 2018 |  | 2017 |  | Prior |  | Total
Current | $ | — |  |  | $ | 1,180 |  |  | $ | 12 |  |  | $ | — |  |  | $ | 4,399 |  |  | $ | — |  |  | $ | 5,591 |
30-59 days past due | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
60-89 days past due | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
90-119 days past due | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
120+ days past due | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total | $ | — |  |  | $ | 1,180 |  |  | $ | 12 |  |  | $ | — |  |  | $ | 4,399 |  |  | $ | — |  |  | $ | 5,591 |
Hardware Financing Receivables: |  |  |  |  |  |  |  |  |  |  |  |  |
Current | $ | — |  |  | $ | — |  |  | $ | 38 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 38 |
30-59 days past due | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
60-89 days past due | — |  |  | — |  |  | 35 |  |  | 33 |  |  | — |  |  | — |  |  | 68 |
90-119 days past due | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
120+ days past due | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total | $ | — |  |  | $ | — |  |  | $ | 73 |  |  | $ | 33 |  |  | $ | — |  |  | $ | — |  |  | $ | 106 |
| December 31, 2020
Loan Receivables: | 2020 |  | 2019 |  | 2018 |  | 2017 |  | 2016 |  | Prior |  | Total
Current | $ | 1,200 |  |  | $ | 17 |  |  | $ | — |  |  | $ | 4,207 |  |  | $ | — |  |  | $ | — |  |  | $ | 5,424 |
30-59 days past due | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
60-89 days past due | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
90-119 days past due | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
120+ days past due | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total | $ | 1,200 |  |  | $ | 17 |  |  | $ | — |  |  | $ | 4,207 |  |  | $ | — |  |  | $ | — |  |  | $ | 5,424 |
Hardware Financing Receivables: |  |  |  |  |  |  |  |  |  |  |  |  |
Current | $ | — |  |  | $ | 67 |  |  | $ | 49 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 116 |
30-59 days past due | — |  |  | — |  |  | — |  |  | 2 |  |  | — |  |  | — |  |  | 2 |
60-89 days past due | — |  |  | 57 |  |  | 27 |  |  | — |  |  | — |  |  | — |  |  | 84 |
90-119 days past due | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
120+ days past due | — |  |  | — |  |  | — |  |  | 9 |  |  | — |  |  | — |  |  | 9 |
Total | $ | — |  |  | $ | 124 |  |  | $ | 76 |  |  | $ | 11 |  |  | $ | — |  |  | $ | — |  |  | $ | 211 |
Schedule of Amortized Cost of Notes Receivable | The amortized cost of notes receivables placed on nonaccrual status is as follows (in thousands):
| June 30, 2021 |  | December 31, 2020
Loan receivables | $ | — |  |  | $ | — |
Hardware financing receivables | — |  |  | 9 |
Total | $ | — |  |  | $ | 9 |

X
- Definition Tabular disclosure of allowance for credit loss on financing receivable. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447 + Details
Name: | us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
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 -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919230-210447 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953659-111524 + 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 financing receivable on nonaccrual status. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=123577603&loc=d3e5111-111524 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919258-210447 + Details
Name: | us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration