XML 19 R10.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Notes Receivable, Net | 12 Months Ended
--- | ---
Dec. 31, 2022
Receivables [Abstract] |
Notes Receivable, net | Note 4 – Notes Receivable, net The Company’s notes receivable balance consists its investments in loans to buyers of charged-off and nonperforming receivable portfolios, which resulted in a total balance of approximatel y $8.8 million, net of unamortized deferred fees and costs on originated loans. The activity during 2022 includes the additional investment in notes receivable of approximately $8.4 million, principal payments made by borrowers of approximately $3.4 million, and adjustments to the deferred fees and costs balance of approximately $0.4 million. The table below shows the Company’s lending activity:
|  | 2022 |  |  | 2021 |
Notes receivable, beginning of year |  | $ | 4,172 |  |  | $ | 2,079 |
Investment in notes receivable |  |  | 8,435 |  |  |  | 8,039 |
Transfer of notes |  |  | — |  |  |  | (1,961 | )
Principal repayments |  |  | (3,446 | ) |  |  | (3,985 | )
Notes receivable, end of year |  |  | 9,161 |  |  |  | 4,172 |
Deferred financing fees and costs, net |  |  | (411 | ) |  |  | (134 | )
Notes receivable, net, end of year |  | $ | 8,750 |  |  | $ | 4,038 |
As of December 31, 2022 and 2021, the Company has no t recorded an allowance for credit losses related to notes receivable outstanding.

X
- Definition The entire disclosure for financing receivable. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Subparagraph (a)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481962/310-10-50-42 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 12A -Publisher FASB -URI https://asc.fasb.org//1943274/2147481933/310-10-55-12A Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 44 -Subparagraph (a)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481962/310-10-50-44 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//310-10/tableOfContent Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 310 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//310-20/tableOfContent + Details
Name: | us-gaap_FinancingReceivablesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ReceivablesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration