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Consolidated Balance Sheet - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Assets    
Cash   $ 110,233
Investment securities   908,297
Loans   864,819
Loans, at fair value $ 26,558 338,867
Allowance for losses (29,484)  
Net loans receivable 1,060,061  
Other assets   58,827
Total assets 1,571,407 1,077,357
Liabilities    
Total liabilities   913,127
Stockholders' equity    
Total stockholders' equity [1]   164,230
Total equity 280,415 287,159
Total liabilities and equity   1,077,357
Medallion Bank and Other Controlled Subsidiaries [Member]    
Assets    
Investment in affiliates   302,147
Bank Holding Company Accounting [Member]    
Assets    
Cash [2] 10,678  
Federal funds sold 132,882  
Equity investments 10,752  
Investment securities 45,757  
Loans 1,089,545  
Allowance for losses [3] (29,484)  
Net loans receivable [2] 1,060,061  
Accrued interest receivable [2] 7,005  
Property and equipment, net 1,093  
Loan collateral in process of foreclosure [2] 59,761  
Goodwill and intangible assets 210,761  
Other assets 32,657  
Total assets 1,571,407  
Liabilities    
Accounts payable and accrued expenses [2] 17,789  
Accrued interest payable [2] 6,118  
Deposits 946,975  
Short-term borrowings [2] 160,218  
Deferred tax liabilities and other tax payables 2,011  
Long-term debt 157,881  
Total liabilities 1,290,992  
Commitments and contingencies  
Stockholders' equity    
Preferred stock (1,000,000 shares of $0.01 par value stock authorized - none outstanding)  
Common stock (50,000,000 shares of $0.01 par value stock authorized - 27,391,295 shares at September 30, 2018 and 27,294,327 shares at December 31, 2017 issued) 274  
Additional paid in capital 274,163  
Treasury stock (2,951,243 shares at September 30, 2018 and December 31, 2017) (24,919)  
Accumulated other comprehensive loss (469)  
Retained earnings 3,871  
Total stockholders' equity 252,920  
Non-controlling interest in consolidated subsidiaries 27,495  
Total equity 280,415  
Total liabilities and equity $ 1,571,407  
Number of shares outstanding 24,440,052  
Book value per share/net asset value per share $ 10.35  
Investment Company Accounting [Member]    
Assets    
Cash [2]   12,690
Equity investments, at fair value   5,213
Net investments [2]   610,135
Accrued interest receivable [2]   547
Property and equipment, net   235
Investments other than securities   7,450
Other assets   4,465
Total assets   635,522
Liabilities    
Accounts payable and accrued expenses [2]   4,373
Accrued interest payable [2]   3,831
Deferred tax liabilities and other tax payables   12,536
Funds borrowed [2]   327,623
Total liabilities   348,363
Commitments and contingencies  
Stockholders' equity    
Preferred stock (1,000,000 shares of $0.01 par value stock authorized - none outstanding)  
Common stock (50,000,000 shares of $0.01 par value stock authorized - 27,391,295 shares at September 30, 2018 and 27,294,327 shares at December 31, 2017 issued)   273
Additional paid in capital   273,716
Treasury stock (2,951,243 shares at September 30, 2018 and December 31, 2017)   (24,919)
Accumulated undistributed net investment loss   (65,592)
Net unrealized appreciation on investments, net of tax   103,681
Total stockholders' equity   287,159
Total equity   287,159
Total liabilities and equity   $ 635,522
Number of shares outstanding   24,343,084
Book value per share/net asset value per share   $ 11.80
Investment Company Accounting [Member] | Affiliated Entity [Member]    
Assets    
Investment in affiliates   $ 4,308
Investment Company Accounting [Member] | Medallion Bank and Other Controlled Subsidiaries [Member]    
Assets    
Investment in affiliates   302,147
Investment Company Accounting [Member] | Parent Loan [Member]    
Assets    
Loans, at fair value   208,279
Investment Company Accounting [Member] | Commercial Loans [Member]    
Assets    
Loans, at fair value   53,737
Investment Company Accounting [Member] | Commercial Loans to Affiliated Entities [Member]    
Assets    
Loans, at fair value   999
Investment Company Accounting [Member] | Commercial Loans To Controlled Subsidiaries [Member]    
Assets    
Loans, at fair value   $ 35,452
[1] Includes $152,267 of unrealized appreciation on Medallion Bank, in excess of Medallion Bank's book value as of December 31, 2017.
[2] See Note 18 for details of balances related to a consolidated variable interest entity.
[3] Includes $15,587 of a general reserve for current and performing medallion loans under 90 days past due, as an additional buffer against future losses, representing 53% of the total allowance, and 7% of the loans in question.