Liberty Broadband Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Receivables and Allowance for Doubtful Receivables

Receivables and Allowance for Doubtful Receivables

12 Months Ended

Dec. 31, 2017

Receivables and Allowance for Doubtful Receivables

Receivables consist of the following at December 31, 2017 and 2016 (amounts in thousands):



	2017		2016
Trade	$	187,000	182,993
Other	1,580		1,303
Total receivables	$	188,580	184,296

As described in Note 1 of this Form 10-K we receive support from each of the various USF programs: high cost, low income, rural health care, and schools and libraries. This support was 26%, 24%, and 19% of our revenue for the years ended December 31, 2017, 2016 and 2015, respectively. We had USF net receivables of $131.8 million and $100.5 million at December 31, 2017 and 2016, respectively.

Changes in the allowance for doubtful receivables during the years ended December 31, 2017, 2016 and 2015 are summarized below (amounts in thousands):



			Additions		Deductions
Description	Balance at beginning of year		Charged to costs and expenses	Charged to other accounts	Write-offs net of recoveries	Balance at end of year
December 31, 2017	$	4,407	5,800	—	6,215	3,992
December 31, 2016	$	3,630	8,516	—	7,739	4,407
December 31, 2015	$	4,542	6,359	—	7,271	3,630

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

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