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Receivables
 12 Months Ended
Dec. 31, 2016
Receivables [Abstract]  
Receivables
Receivables
Receivables consist of:
 
At Year-End
 
2016
 
2015
 
(In thousands)
Funds held by qualified intermediary for potential 1031 like-kind exchange
$
—

 
$
14,703

Other receivables and accrued interest
1,505

 
2,218

Other loans secured by real estate, average interest rate of 5.86% at year-end 2016 and 11.31% at year-end 2015
7,452

 
2,130

 
8,957

 
19,051

Allowance for bad debts
(26
)
 
(26
)
 
$
8,931

 
$
19,025


In 2016, we received funds previously held by qualified intermediary because we did not complete an intended like-kind exchange related to a sale of 6,915 acres of undeveloped land.
Other loans secured by real estate generally are secured by a deed of trust and due within three to five years.