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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 158,364 $ 143,912
Investment in receivable portfolios, net 3,468,432 3,088,261
Property and equipment, net 103,959 113,900
Other assets 293,256 341,073
Goodwill 606,475 821,214
Total assets 4,630,486 4,508,360
Liabilities:    
Accounts payable and accrued liabilities 189,928 198,217
Borrowings 3,318,031 2,898,821
Other liabilities 185,989 231,695
Total liabilities 3,693,948 3,328,733
Commitments and contingencies (Note 13)
Equity:    
Convertible preferred stock, $0.01 par value, 5,000 shares authorized, no shares issued and outstanding 0 0
Common stock, $0.01 par value, 75,000 shares authorized, 23,545 shares and 23,323 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively 235 233
Additional paid-in capital 11,052 0
Accumulated earnings 1,049,171 1,278,210
Accumulated other comprehensive loss (123,920) (98,816)
Total stockholders’ equity 936,538 1,179,627
Total liabilities and stockholders’ equity 4,630,486 4,508,360
Variable Interest Entity    
Assets    
Cash and cash equivalents 24,472 1,344
Investment in receivable portfolios, net 717,556 431,350
Other assets 19,358 3,627
Liabilities:    
Accounts payable and accrued liabilities 1,854 150
Borrowings 494,925 423,522
Other liabilities $ 2,452 $ 105