XML 49 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Financial Condition (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Assets    
Cash and cash equivalents $ 115,440 $ 126,213
Investment in receivable portfolios, net 2,073,232 1,590,249
Deferred court costs, net 53,130 41,219
Receivables secured by property tax liens, net 276,081 212,814
Property and equipment, net 64,565 55,783
Other assets 218,119 154,783
Goodwill 921,519 504,213
Total assets 3,722,086 2,685,274
Liabilities:    
Accounts payable and accrued liabilities 192,309 137,272
Debt 2,790,746 1,850,431
Other liabilities 98,864 95,100
Total liabilities 3,081,919 2,082,803
Commitments and contingencies      
Redeemable noncontrolling interest 30,280 26,564
Redeemable equity component of convertible senior notes 9,787 0
Equity:    
Convertible preferred stock, $.01 par value, 5,000 shares authorized, no shares issued and outstanding 0 0
Common stock, $.01 par value, 50,000 shares authorized, 25,720 shares and 25,457 shares issued and outstanding as of September 30, 2014 and December 31, 2013, respectively 257 255
Additional paid-in capital 121,491 171,819
Accumulated earnings 471,704 394,628
Accumulated other comprehensive gain 3,274 5,195
Total Encore Capital Group, Inc. stockholders’ equity 596,726 571,897
Noncontrolling interest 3,374 4,010
Total equity 600,100 575,907
Total liabilities, redeemable equity and equity 3,722,086 2,685,274
Variable Interest Entities [Member]
   
Assets    
Cash and cash equivalents 34,261 62,403
Investment in receivable portfolios, net 1,008,885 620,312
Deferred court costs, net 9,407 0
Receivables secured by property tax liens, net 116,980 0
Property and equipment, net 13,491 13,755
Other assets 89,911 33,772
Goodwill 695,825 376,296
Liabilities:    
Accounts payable and accrued liabilities 104,200 47,219
Debt 1,622,302 846,676
Other liabilities $ 6,885 $ 1,897