Quarterly report pursuant to Section 13 or 15(d)

NOTES RECEIVABLE

v3.22.1
NOTES RECEIVABLE
3 Months Ended
Mar. 31, 2022
Receivables [Abstract]  
NOTES RECEIVABLE NOTES RECEIVABLE
 
The Company also has notes receivables under longer term financing arrangements at interest rates ranging from 8% to 12% with repayment terms ranging for 12 to 18 months. Notes receivables as of March 31, 2022 and December 31, 2021 are as follows:
 
  March 31,
2022
December 31,
2021
Notes receivable $ 2,843  $ 2,962 
Allowance for losses (876) (522)
Notes receivable, net $ 1,967  2,440 
 
The following table summarizes changes in notes receivable balances that have been deemed impaired:
 
  March 31,
2022
December 31,
2021
Note receivable $ 1,500  $ 1,500 
Allowance for losses (876) (522)
Notes receivable, net $ 624  978