v3.25.2
ALLOWANCE FOR CREDIT LOSSES
 6 Months Ended
Jun. 30, 2025
Credit Loss [Abstract]  
ALLOWANCE FOR CREDIT LOSSES ALLOWANCE FOR CREDIT LOSSES
The following tables detail the activity related to the allowance for credit losses for trade receivables by portfolio segment (in millions):
Six Months Ended June 30, 2025
CoStarInformation ServicesMultifamilyLoopNet
Other Revenues
Total
Beginning balance at December 31, 2024
$6.1 $3.9 $9.4 $3.0 $0.4 $22.8 
Current-period provision for expected credit losses
6.8 0.6 6.5 2.0 1.0 16.9 
Write-offs charged against the allowance
(5.2)(1.0)(5.0)(1.6)0.3 (12.5)
Ending balance at June 30, 2025
$7.7 $3.5 $10.9 $3.4 $1.7 $27.2 
Six Months Ended June 30, 2024
CoStarInformation ServicesMultifamilyLoopNet
Other Revenues
Total
Beginning balance at December 31, 2023
$9.7 $2.5 $7.3 $2.7 $1.0 $23.2 
Current-period provision for expected credit losses
7.1 0.7 6.5 2.5 0.2 17.0 
Write-offs charged against the allowance
(9.5)(0.7)(4.8)(2.9)0.1 (17.8)
Ending balance at June 30, 2024
$7.3 $2.5 $9.0 $2.3 $1.3 $22.4 
Credit loss expense is included in general and administrative expenses on the condensed consolidated statements of operations. Credit loss expense related to contract assets was not material for the three and six months ended June 30, 2025 and 2024. Residential accounts receivable and the related allowance for credit losses were not material for the three and six months ended June 30, 2025 and 2024.