Note 2 - Summary of significant accounting policies: Credit quality of notes receivable and finance leases receivable and credit loss reserve (Policies)
|12 Months Ended|
Dec. 31, 2018
|Credit quality of notes receivable and finance leases receivable and credit loss reserve||
Credit quality of notes receivable and finance leases receivable and credit loss reserve
As our notes receivable and finance leases receivable are limited in number, our management is able to analyze estimated credit loss reserves based on a detailed analysis of each receivable as opposed to using portfolio-based metrics. Our management does not use a system of assigning internal risk ratings to each of our receivables. Rather, each note receivable and finance lease receivable is analyzed quarterly and categorized as either performing or non-performing based on certain factors including, but not limited to, financial results, satisfying scheduled payments and compliance with financial covenants. A note receivable or finance lease receivable will be categorized as non-performing when a borrower experiences financial difficulty and has failed to make scheduled payments. As part of the monitoring process, we may physically inspect the collateral or a borrowers facility and meet with a borrowers management to better understand such borrowers financial performance and its future plans on an as-needed basis.
Disclosure of accounting policy for emission credits or allowances. Such accounting policy has generally been based on an inventory or intangible asset model.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef