CONSUMER LOANS RECEIVABLE

3 Months Ended

Mar. 31, 2019

2. CONSUMER LOANS RECEIVABLE

Consumer loans receivable, net of allowance for loan losses and deferred financing fees, consisted of the following:


	As of March 31,		As of December 31,
	2019		2018
Consumer loan receivable	$	102,938	$	101,049
Loan discount and deferred financing fees, net		(3,149)		(3,162)
Allowance for loan losses		(885)		(712)
Consumer loans receivable, net	$	98,904	$	97,175

The following table presents a detail of the activity in the allowance for loan losses:


	Three Months Ended March 31,
	2019		2018
Allowance for loan losses, beginning of period	$	712	$	805
Provision for loan losses		406		118
Charge offs		(233)		(69)
Allowance for loan losses	$	885	$	854

The impaired and general reserve for allowance for loan losses:


	As of March 31,		As of December 31,
	2019		2018
Total consumer loans	$	102,938	$	101,049
Total allowance for loan losses		885		712
Impaired loans individually evaluated for impairment		1,546		1,445
Specific reserve against impaired loans		456		427
Other loans collectively evaluated for allowance		101,392		99,604
General allowance for loan losses		429		285

As of March 31, 2019 and December 31, 2018, the total principal outstanding for consumer loans on nonaccrual status was $1,546 and $1,445, respectively. A detailed aging of consumer loans receivable that are past due as of March 31, 2019 and December 31, 2018 were as follows:


	March 31,			December 31,
	2019		%	2018		%
Total consumer loans receivable	$	102,938	100.0	$	101,049	100.0
Past due consumer loans:
31 - 60 days past due	$	591	0.6	$	968	1.0
61 - 90 days past due		269	0.3		404	0.4
91 - 120 days past due		—	—		133	0.1
Greater than 120 days past due		890	0.9		843	0.8
Total past due	$	1,750	1.7	$	2,348	2.3

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

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