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RELATED PARTY TRANSACTIONS
9 Months Ended
Sep. 30, 2019
RELATED PARTY TRANSACTIONS  
RELATED PARTY TRANSACTIONS

15. RELATED PARTY TRANSACTIONS

Bell Mobile Homes, a retailer owned by one of the Company’s significant owners, purchases manufactured homes from the Company. Accounts receivable balances due from Bell Mobile Homes were $384 and $414 as of September 30, 2019 and December 31, 2018, respectively. Accounts payable balances due to Bell Mobile Homes for maintenance and related services were $71 and $123 as of September 30, 2019 and December 31, 2018, respectively. Home sales to Bell Mobile Homes were $829 and $698 for the three months ended September 30, 2019 and 2018, respectively and $3,118 and $2,634 for the nine months ended September 30, 2019 and 2018, respectively.

On February 2, 2016, the Company entered into a $1,500 note payable agreement with stated annual interest rates of 3.75% with a related party through common ownership. The note was due on demand. Interest paid on the note payable to Shipley and Sons was $14 and $42 for the three and nine months ended September 30, 2018. On October 18, 2018, this note payable was paid in full.