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Advances
 6 Months Ended
Jun. 30, 2017
Advances [Abstract]  
Advances
Note 6 – Advances
Advances, net, which represent payments made on behalf of borrowers or on foreclosed properties, consisted of the following at the dates indicated:
 
June 30, 2017
 
December 31, 2016
Principal and interest
$
21,512

 
$
31,334

Taxes and insurance
142,361

 
170,131

Foreclosures, bankruptcy and other
75,669

 
94,369

 
239,542

 
295,834

Allowance for losses
(20,328
)
 
(37,952
)
 
$
219,214

 
$
257,882


Advances at June 30, 2017 and December 31, 2016 include $23.0 million and $29.0 million, respectively, of previously sold advances in connection with sales of loans that did not qualify for sale accounting.
The following table summarizes the activity in net advances:
Six months ended June 30,
2017
 
2016
Beginning balance
$
257,882

 
$
444,298

Sales of advances
(74
)
 
(24,053
)
Collections of advances, charge-offs and other, net
(56,218
)
 
(93,477
)
Decrease in allowance for losses
17,624

 
2,460

Ending balance
$
219,214

 
$
329,228


The changes in the allowance for losses are as follows:
Periods ended June 30,
Three Months
 
Six Months
2017
 
2016
 
2017
 
2016
Beginning balance
$
35,844

 
$
42,523

 
$
37,952

 
$
41,901

Provision
(123
)
 
3,963

 
3,298

 
7,446

Charge-offs, net and other
(15,393
)
 
(7,045
)
 
(20,922
)
 
(9,906
)
Ending balance
$
20,328

 
$
39,441

 
$
20,328

 
$
39,441