Quarterly report pursuant to Section 13 or 15(d)

NOTES RECEIVABLE

v3.22.2
NOTES RECEIVABLE
6 Months Ended
Jun. 30, 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 June 30, 2022 and December 31, 2021 are as follows:
 
  June 30,
2022
December 31,
2021
Notes receivable $ 2,605  $ 2,962 
Allowance for losses (1,233) (522)
Notes receivable, net $ 1,372  2,440 
 
The following table summarizes changes in notes receivable balances that have been deemed impaired:
 
  June 30,
2022
December 31,
2021
Note receivable $ 1,500  $ 1,500 
Allowance for losses (1,233) (522)
Notes receivable, net $ 267  978