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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
3 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flow from operating activities:    
Net income $ 15,509,649 $ 8,608,399
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization of intangible assets 1,382,128 954,641
Amortization of loan costs and discounts 144,171 133,338
Provision for loan losses 25,660,660 41,291,071
Other Depreciation and Amortization 434,096 0
Provision for loan losses 25,660,660 41,291,071
Depreciation 1,716,612 1,799,075
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property 34,058 69,369
Deferred income tax benefit 2,512,174 (2,072,950)
Compensation related to stock option and restricted stock plans 4,583,600 8,312,209
Change in accounts:    
Other assets, net (2,545,580) 3,369,042
Income taxes payable 2,582,959 1,167,013
Accounts payable and accrued expenses (5,266,403) (5,327,765)
Net Cash Provided by (Used in) Operating Activities 51,839,284 58,164,704
Cash flows from investing activities:    
Increase in loans receivable, net 73,293,367 (69,555,473)
Purchases of property and equipment (2,376,871) (2,084,717)
Proceeds from Sale of Property, Plant, and Equipment 18,515 81,595
Net cash used in investing activities 65,173,099 (111,822,470)
Cash flow from financing activities:    
Borrowings from senior notes payable 32,705,500 132,641,400
Payments on senior notes payable (131,600,000) (58,191,400)
Proceeds from exercise of stock options 0 2,676,573
Payments Related to Tax Withholding for Share-based Compensation (119,865) (238,168)
Payments of Loan Costs (205,500) (991,400)
Repurchase of common stock (19,451,287) (21,815,577)
Net cash provided by financing activities (118,671,152) 54,081,428
Increase in cash and cash equivalents (1,658,769) 423,662
Cash and cash equivalents at beginning of period 11,618,922 9,335,433
Cash and Cash Equivalents, at Carrying Value, Including Discontinued Operations   9,759,095
Cash and cash equivalents at end of period 9,960,153  
Interest Paid, Including Capitalized Interest, Operating and Investing Activities 6,046,067 3,953,803
Income Taxes Paid 666,505 6,216,505
Net assets acquired from acquisition primarily loans (4,776,558) (30,795,192)
Net Assets Acquired from Acquisition, Intangibles $ (985,354) $ (9,468,683)