VEHICLE SERVICE AGREEMENT LIABILITY (Tables)

12 Months Ended

Dec. 31, 2019

Guarantees and Product Warranties [Abstract]

Schedule of Product Warranty Liability

A reconciliation of the changes in the vehicle service agreement liability, including deferred service fees related to vehicle service agreements, as of March 31, 2020 and March 31, 2019 were as follows:

(in thousands)	March 31, 2020			March 31, 2019
Balance at January 1, net	$	51,723		$	43,734
Vehicle service agreement liability acquired during the year related to the purchase of Geminus	—			10,792
Gross service fees for vehicle service agreements sold	4,666			6,055
Recognition of service fees on vehicle service agreements	(5,701		)	(5,367		)
Liability for claims authorized on vehicle service agreements	2,380			1,887
Payments of claims authorized on vehicle service agreements	(1,475		)	(970		)
Re-estimation of deferred service fees	(121		)	(148		)
Balance at March 31, net	$	51,472		$	55,983

Components of Vehicle Service Agreement Liability

The vehicle service agreement liability is presented as components of deferred services fees and accrued expenses and other liabilities in the consolidated balance sheets as follows:

(in thousands)	March 31,		December 31,
	2020		2019
Deferred service fees	$	50,946	$	51,226
Accrued expenses and other liabilities	526		497
Balance at end of period, net	$	51,472	$	51,723