Good for you for not over reacting. It is replacable. Even a good friend can do something stupid does not mean he was trying to do you wrong. I have very close friends that a bass would never come between us, no matter how bad they tore it up.
But yeah, that would be the last time i would let him walk out the door with anymore of your gear.
But yeah, that would be the last time i would let him walk out the door with anymore of your gear.