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Notes Receivable, Net | 12 Months Ended
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Dec. 31, 2021
Receivables [Abstract] |
Notes Receivable, net | Note 4 – Notes Receivable, net The Company’s notes receivable balance consists of loans to buyers of charged-off and nonperforming receivable portfolios which resulted in a total outstanding principal balance of approximatel y $4.0 million, net of unamortized deferred fees and costs on originated loans. The activity during 2021 includes the issuance of additional notes of approximately $8.0 million, principal payments made by borrowers of approximately $4.0 million, the transfer of notes to the Company's joint venture, HGC Funding I LLC and Origination I LLC, of approximately $2.0 million, and adjustments to the deferred fees and costs balance of approximately $0.1 million. The table below shows the Company’s lending activity during 2021 and 2020:
|  | 2021 |  |  | 2020 |
Notes receivable, beginning of year |  | $ | 2,079 |  |  | $ | 2,685 |
Loan originations |  |  | 8,039 |  |  |  | 6,081 |
Transfer of notes |  |  | (1,961 | ) |  |  | (4,951 | )
Principal repayments |  |  | (3,985 | ) |  |  | (1,736 | )
Notes receivable, end of year |  |  | 4,172 |  |  |  | 2,079 |
Deferred financing fees and costs, net |  |  | (134 | ) |  |  | 7 |
Notes receivable, net, end of year |  | $ | 4,038 |  |  | $ | 2,086 |
As of December 31, 2021, the Company has no t recorded an allowance for credit losses related to notes receivable outstanding.

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- Definition The entire disclosure for financing receivable. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -URI http://asc.fasb.org/subtopic&trid=2196772 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2196816 + Details
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- References No definition available. + Details
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