Quarterly report pursuant to Section 13 or 15(d)

Investing Receivables

v3.10.0.1
Investing Receivables
6 Months Ended
Jun. 30, 2018
Receivables [Abstract]  
Investing Receivables
Investing Receivables
 
Investing receivables, including accrued interest thereon, consisted of the following (in thousands):
 
 
June 30,
2018
 
December 31,
2017
Notes receivable from the City of Huntsville
$
51,386

 
$
54,472

Other investing loans receivable
3,041

 
3,021

 
$
54,427

 
$
57,493


 
Our notes receivable from the City of Huntsville funded infrastructure costs in connection with our LW Redstone Company, LLC joint venture (see Note 6) and carry an interest rate of 9.95%.

We did not have an allowance for credit losses in connection with our investing receivables as of June 30, 2018 or December 31, 2017.  The fair value of these receivables approximated their carrying amounts as of June 30, 2018 and December 31, 2017.