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Allowance for Doubtful Accounts (Tables) | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2020 | Sep. 30, 2021
Receivables [Abstract] |  |
Notes Receivable Disaggregated by Vintage Year |  | The following table presents the Company’s two tiers of notes receivable further disaggregated by year of origination, as well as write-off activity for the current nine month period ended September 30, 2021.
|  | Notes Receivable
|  | Amortized Cost Basis by Origination Year
|  | 2021 |  | 2020 |  | 2019 |  | 2018 |  | 2017 |  | Prior |  | Total
|  | (in thousands)
Notes Receivable |  |  |  |  |  |  |  |  |  |  |  |  |  |
Standard notes receivable |  | $ | 11,414 |  |  | $ | 8,181 |  |  | $ | 2,060 |  |  | $ | 18,980 |  |  | $ | 21,289 |  |  | $ | 1,560 |  |  | $ | 63,484 |
Elevated risk notes receivable |  | $ | — |  |  | $ | — |  |  | $ | 617 |  |  | $ | — |  |  | $ | 723 |  |  | $ | 1,374 |  |  | $ | 2,714 |
Current-period gross write-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 315 |  |  | $ | 2,493 |  |  | $ | — |  |  | $ | 2,808 |
Current-period recoveries |  | — |  |  | — |  |  | (1) |  |  | — |  |  | — |  |  | (37) |  |  | (38) |
Current-period net write-offs |  | $ | — |  |  | $ | — |  |  | $ | (1) |  |  | $ | 315 |  |  | $ | 2,493 |  |  | $ | (37) |  |  | $ | 2,770 |
Age Analysis of Past-Due Note Receivable |  | The following table provides information as to the status of payment on the Company’s notes receivable which were past due as of September 30, 2021:
|  | Age Analysis of Past-Due Notes Receivable as of September 30, 2021
|  | 0-90 Days |  | 91 - 180 Days |  | Greater than 181 Days |  | Total
|  | (in thousands)
Notes Receivable |  |  |  |  |  |  |  |
Standard notes receivable |  | $ | 5,709 |  |  | $ | 877 |  |  | $ | 5,589 |  |  | $ | 12,175 |
Elevated risk notes receivable |  | — |  |  | — |  |  | 2,714 |  |  | 2,714 |
|  | $ | 5,709 |  |  | $ | 877 |  |  | $ | 8,303 |  |  | $ | 14,889 |
Schedule of Changes in Allowance for Doubtful Accounts | The following tables provide a summary of the changes in the Company’s allowance for doubtful accounts on a portfolio segment basis for the three months ended September 30, 2021 and 2020.
|  | Allowance for doubtful accounts
Portfolio Segment: |  | June 30, 2021 |  | Write-Offs 1 |  | Bad Debt Expense |  | September 30, 2021
|  | (in thousands)
Accounts receivable |  | $ | 50,243 |  |  | $ | (427) |  |  | $ | 4,230 |  |  | $ | 54,046 |
Notes Receivable |  |  |  |  |  |  |  |
Standard notes receivable |  | $ | 12,534 |  |  | $ | — |  |  | $ | (149) |  |  | $ | 12,385 |
Elevated risk notes receivable |  | 1,583 |  |  | — |  |  | — |  |  | 1,583 |
Total notes receivable |  | $ | 14,117 |  |  | $ | — |  |  | $ | (149) |  |  | $ | 13,968 |
Total accounts and notes receivable |  | $ | 64,360 |  |  | $ | (427) |  |  | $ | 4,081 |  |  | $ | 68,014 |
1.Write-offs are shown net of recoveries. During the three months ended September 30, 2021, the Company collected an immaterial amount of accounts receivables and notes receivables which had previously been written-off as uncollectible.
|  | Allowance for doubtful accounts
Portfolio Segment: |  | June 30, 2020 |  | Write-Offs 1 |  | Bad Debt Expense |  | September 30, 2020
|  | (in thousands)
Accounts receivable |  | $ | 66,299 |  |  | $ | (2,475) |  |  | $ | 967 |  |  | $ | 64,791 |
Notes Receivable |  |  |  |  |  |  |  |
Standard notes receivable |  | $ | 11,869 |  |  | $ | (253) |  |  | $ | (132) |  |  | $ | 11,484 |
Elevated risk notes receivable |  | 5,818 |  |  | — |  |  | — |  |  | 5,818 |
Total notes receivable |  | $ | 17,687 |  |  | $ | (253) |  |  | $ | (132) |  |  | $ | 17,302 |
Total accounts and notes receivable |  | $ | 83,986 |  |  | $ | (2,728) |  |  | $ | 835 |  |  | $ | 82,093 |
1.Write-offs are shown net of recoveries. During the three months ended September 30, 2020, the Company collected $0.1 million of accounts receivables which had previously been written-off as uncollectible. The following tables provide a summary of the changes in the Company’s allowance for doubtful accounts on a portfolio segment basis for the nine months ended September 30, 2021 and 2020.
|  | Allowance for doubtful accounts
Portfolio Segment: |  | December 31, 2020 |  | Write-Offs 1 |  | Bad Debt Expense |  | September 30, 2021
|  | (in thousands)
Accounts receivable |  | $ | 51,052 |  |  | $ | (7,807) |  |  | $ | 10,801 |  |  | $ | 54,046 |
Notes receivable |  |  |  |  |  |  |  |
Standard notes receivable |  | $ | 13,258 |  |  | $ | (9) |  |  | $ | (864) |  |  | $ | 12,385 |
Elevated risk notes receivable |  | 3,491 |  |  | (2,761) |  |  | 853 |  |  | 1,583 |
Total notes receivable |  | $ | 16,749 |  |  | $ | (2,770) |  |  | $ | (11) |  |  | $ | 13,968 |
Total accounts and notes receivable |  | $ | 67,801 |  |  | $ | (10,577) |  |  | $ | 10,790 |  |  | $ | 68,014 |
1.Write-offs are shown net of recoveries. During the nine months ended September 30, 2021, the Company collected $0.1 million of accounts receivables and notes receivables which had previously been written-off as uncollectible.
|  | Allowance for doubtful accounts
Portfolio Segment: |  | December 31, 2019 |  | Cumulative effect of ASC 326 adoption 1 |  | Write-Offs 2 |  | Bad Debt Expense |  | September 30, 2020
|  | (in thousands)
Accounts receivable |  | $ | 39,903 |  |  | $ | 36,709 |  |  | $ | (16,871) |  |  | $ | 5,050 |  |  | $ | 64,791 |
Notes receivable |  |  |  |  |  |  |  |  |  |
Standard notes receivable |  | $ | 6,667 |  |  | $ | 5,236 |  |  | $ | (1,974) |  |  | $ | 1,555 |  |  | $ | 11,484 |
Elevated risk notes receivable |  | 5,823 |  |  | 291 |  |  | (447) |  |  | 151 |  |  | 5,818 |
Total notes receivable |  | $ | 12,490 |  |  | $ | 5,527 |  |  | $ | (2,421) |  |  | $ | 1,706 |  |  | $ | 17,302 |
Total accounts and notes receivable |  | $ | 52,393 |  |  | $ | 42,236 |  |  | $ | (19,292) |  |  | $ | 6,756 |  |  | $ | 82,093 |
1.Represents the pre-tax one-time adjustment to the Company’s 2020 opening retained earnings balance in accordance with the adoption of the CECL accounting guidance. 2.Write-offs are shown net of recoveries. During the nine months ended September 30, 2020, the Company collected $0.9 million of accounts receivables which had previously been written-off as uncollectible. |
Schedule of Changes in Allowance for Notes Receivable | The following tables provide a summary of the changes in the Company’s allowance for doubtful accounts on a portfolio segment basis for the three months ended September 30, 2021 and 2020.
|  | Allowance for doubtful accounts
Portfolio Segment: |  | June 30, 2021 |  | Write-Offs 1 |  | Bad Debt Expense |  | September 30, 2021
|  | (in thousands)
Accounts receivable |  | $ | 50,243 |  |  | $ | (427) |  |  | $ | 4,230 |  |  | $ | 54,046 |
Notes Receivable |  |  |  |  |  |  |  |
Standard notes receivable |  | $ | 12,534 |  |  | $ | — |  |  | $ | (149) |  |  | $ | 12,385 |
Elevated risk notes receivable |  | 1,583 |  |  | — |  |  | — |  |  | 1,583 |
Total notes receivable |  | $ | 14,117 |  |  | $ | — |  |  | $ | (149) |  |  | $ | 13,968 |
Total accounts and notes receivable |  | $ | 64,360 |  |  | $ | (427) |  |  | $ | 4,081 |  |  | $ | 68,014 |
1.Write-offs are shown net of recoveries. During the three months ended September 30, 2021, the Company collected an immaterial amount of accounts receivables and notes receivables which had previously been written-off as uncollectible.
|  | Allowance for doubtful accounts
Portfolio Segment: |  | June 30, 2020 |  | Write-Offs 1 |  | Bad Debt Expense |  | September 30, 2020
|  | (in thousands)
Accounts receivable |  | $ | 66,299 |  |  | $ | (2,475) |  |  | $ | 967 |  |  | $ | 64,791 |
Notes Receivable |  |  |  |  |  |  |  |
Standard notes receivable |  | $ | 11,869 |  |  | $ | (253) |  |  | $ | (132) |  |  | $ | 11,484 |
Elevated risk notes receivable |  | 5,818 |  |  | — |  |  | — |  |  | 5,818 |
Total notes receivable |  | $ | 17,687 |  |  | $ | (253) |  |  | $ | (132) |  |  | $ | 17,302 |
Total accounts and notes receivable |  | $ | 83,986 |  |  | $ | (2,728) |  |  | $ | 835 |  |  | $ | 82,093 |
1.Write-offs are shown net of recoveries. During the three months ended September 30, 2020, the Company collected $0.1 million of accounts receivables which had previously been written-off as uncollectible. The following tables provide a summary of the changes in the Company’s allowance for doubtful accounts on a portfolio segment basis for the nine months ended September 30, 2021 and 2020.
|  | Allowance for doubtful accounts
Portfolio Segment: |  | December 31, 2020 |  | Write-Offs 1 |  | Bad Debt Expense |  | September 30, 2021
|  | (in thousands)
Accounts receivable |  | $ | 51,052 |  |  | $ | (7,807) |  |  | $ | 10,801 |  |  | $ | 54,046 |
Notes receivable |  |  |  |  |  |  |  |
Standard notes receivable |  | $ | 13,258 |  |  | $ | (9) |  |  | $ | (864) |  |  | $ | 12,385 |
Elevated risk notes receivable |  | 3,491 |  |  | (2,761) |  |  | 853 |  |  | 1,583 |
Total notes receivable |  | $ | 16,749 |  |  | $ | (2,770) |  |  | $ | (11) |  |  | $ | 13,968 |
Total accounts and notes receivable |  | $ | 67,801 |  |  | $ | (10,577) |  |  | $ | 10,790 |  |  | $ | 68,014 |
1.Write-offs are shown net of recoveries. During the nine months ended September 30, 2021, the Company collected $0.1 million of accounts receivables and notes receivables which had previously been written-off as uncollectible.
|  | Allowance for doubtful accounts
Portfolio Segment: |  | December 31, 2019 |  | Cumulative effect of ASC 326 adoption 1 |  | Write-Offs 2 |  | Bad Debt Expense |  | September 30, 2020
|  | (in thousands)
Accounts receivable |  | $ | 39,903 |  |  | $ | 36,709 |  |  | $ | (16,871) |  |  | $ | 5,050 |  |  | $ | 64,791 |
Notes receivable |  |  |  |  |  |  |  |  |  |
Standard notes receivable |  | $ | 6,667 |  |  | $ | 5,236 |  |  | $ | (1,974) |  |  | $ | 1,555 |  |  | $ | 11,484 |
Elevated risk notes receivable |  | 5,823 |  |  | 291 |  |  | (447) |  |  | 151 |  |  | 5,818 |
Total notes receivable |  | $ | 12,490 |  |  | $ | 5,527 |  |  | $ | (2,421) |  |  | $ | 1,706 |  |  | $ | 17,302 |
Total accounts and notes receivable |  | $ | 52,393 |  |  | $ | 42,236 |  |  | $ | (19,292) |  |  | $ | 6,756 |  |  | $ | 82,093 |
1.Represents the pre-tax one-time adjustment to the Company’s 2020 opening retained earnings balance in accordance with the adoption of the CECL accounting guidance. 2.Write-offs are shown net of recoveries. During the nine months ended September 30, 2020, the Company collected $0.9 million of accounts receivables which had previously been written-off as uncollectible. |
Schedule of Cumulative Effect of Initially Applying New Guidance |  |
|  | Allowance for doubtful accounts
Portfolio Segment: |  | December 31, 2019 |  | Cumulative effect of ASC 326 adoption 1 |  | Write-Offs 2 |  | Bad Debt Expense |  | September 30, 2020
|  | (in thousands)
Accounts receivable |  | $ | 39,903 |  |  | $ | 36,709 |  |  | $ | (16,871) |  |  | $ | 5,050 |  |  | $ | 64,791 |
Notes receivable |  |  |  |  |  |  |  |  |  |
Standard notes receivable |  | $ | 6,667 |  |  | $ | 5,236 |  |  | $ | (1,974) |  |  | $ | 1,555 |  |  | $ | 11,484 |
Elevated risk notes receivable |  | 5,823 |  |  | 291 |  |  | (447) |  |  | 151 |  |  | 5,818 |
Total notes receivable |  | $ | 12,490 |  |  | $ | 5,527 |  |  | $ | (2,421) |  |  | $ | 1,706 |  |  | $ | 17,302 |
Total accounts and notes receivable |  | $ | 52,393 |  |  | $ | 42,236 |  |  | $ | (19,292) |  |  | $ | 6,756 |  |  | $ | 82,093 |
1.Represents the pre-tax one-time adjustment to the Company’s 2020 opening retained earnings balance in accordance with the adoption of the CECL accounting guidance. 2.Write-offs are shown net of recoveries. During the nine months ended September 30, 2020, the Company collected $0.9 million of accounts receivables which had previously been written-off as uncollectible.

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