Investing receivables consisted of the following (in thousands):


	June 30, 2026		December 31, 2025
Notes receivable from the City of Huntsville	$	66,117	$	64,461
Other investing loans receivable	8,758		8,970
Amortized cost basis	74,875		73,431
Allowance for credit losses	(2,238)		(3,575)
Investing receivables, net	$	72,637	$	69,856

The balances above included accrued interest receivable, net of allowance for credit losses, of $2.3 million as of June 30, 2026 and $3.8 million as of December 31, 2025.

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%. Our other investing loan receivable as of June 30, 2026 carries an effective interest rate of 12.0% and matures in 2026.

The estimated fair value of these receivables approximated the amortized cost basis of the receivables.