|3 Months Ended|
Mar. 31, 2018
|Notes Receivable [Abstract]|
4. Notes Receivable
The table below provides information relating to Bluegreen’s notes receivable and related allowance for loan losses as of March 31, 2018 and December 31, 2017 (in thousands):
The weighted-average interest rate on Bluegreen’s notes receivable was 15.3% at both March 31, 2018 and December 31, 2017, respectively. Bluegreen’s VOI notes receivable bear interest at fixed rates.
The activity in Bluegreen’s allowance for loan losses (including notes receivable secured by homesites) was as follows (in thousands):
The following table shows the delinquency status of Bluegreen’s VOI notes receivable as of March 31, 2018 and December 31, 2017 (in thousands):
Disclosure itemizing the various types of trade accounts and notes receivable, and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. This disclosure may include (1) the basis at which such receivables are carried in the entity's statements of financial position (2) how the level of the valuation allowance for receivables is determined (3) when impairments, charge-offs or recoveries are recognized for such receivables (4) the treatment of origination fees and costs, including the amortization method for net deferred fees or costs (5) the treatment of any premiums or discounts or unearned income (6) the entity's income recognition policies for such receivables, including those that are impaired, past due or placed on nonaccrual status and (7) the treatment of foreclosures or repossessions (8) the nature and amount of any guarantees to repurchase receivables.
No definition available.