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Accounts Receivable and Accounts Payable | 12 Months Ended
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Dec. 31, 2017
Accounts Receivable And Accounts Payable [Abstract] |
Accounts Receivable and Accounts Payable | Note 8 – Accounts Receivable and Accounts Payable Accounts receivable As described in Note 2, the Company’s accounts receivable are primarily related to the operations of its asset liquidation business. With respect to auction proceeds and asset dispositions, including NLEX’s accounts receivable brokerage transactions, the assets are not released to the buyer until payment has been received. The Company, therefore, is not exposed to significant collectability risk relating to these receivables. Given this experience, together with the ongoing business relationships between the Company and its joint venture partners, the Company has not historically required a formal credit quality assessment in connection with these activities. The Company has not experienced any significant collectability issues with its accounts receivable. As the Company’s asset liquidation business expands, more comprehensive credit assessments may be required. The Company’s allowance for doubtful accounts was $110,000 and $36,000 as of December 31, 2017 and 2016, respectively. Accounts payable and accrued liabilities Accounts payable and accrued liabilities consisted of the following at December 31, 2017 and 2016 (in thousands):
|  | 2017 |  |  | 2016 |
Due to auction clients |  | $ | 2,478 |  |  | $ | 3,152 |
Sales and other taxes |  |  | 342 |  |  |  | 935 |
Remuneration and benefits |  |  | 957 |  |  |  | 637 |
Accounting, auditing and tax consulting |  |  | 174 |  |  |  | 151 |
Customer deposits |  |  | 102 |  |  |  | — |
Due to Joint Venture partners |  |  | 247 |  |  |  | 1,371 |
Asset liquidation expenses |  |  | 254 |  |  |  | 257 |
Interest expense |  |  | 42 |  |  |  | — |
Other |  |  | 423 |  |  |  | 243 |
Total accounts payable and accrued liabilities |  | $ | 5,019 |  |  | $ | 6,746 |

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