XML 39 R56.htm IDEA: XBRL DOCUMENT v2.4.0.6
Investment in Receivable Portfolios, Net (Details 1) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Summary of changes in the balance of the investment in receivable portfolios        
Balance, beginning of period $ 869,859 $ 657,783 $ 716,454 $ 644,753
Purchases of receivable portfolios 47,311 65,731 408,757 250,107
Gross collections (245,965) (189,030) (717,517) (575,097)
Put-backs and recalls (267) (645) (1,892) (2,343)
Revenue recognized 139,965 117,448 404,312 340,371
(Portfolio allowances) portfolio allowance reversals, net 717 (1,605) 1,506 (8,109)
Balance, end of period 811,620 649,682 811,620 649,682
Revenue as a percentage of collections 56.90% 62.10% 56.30% 59.20%
Accrual Basis Portfolios [Member]
       
Summary of changes in the balance of the investment in receivable portfolios        
Balance, beginning of period 869,859 657,783 716,454 644,753
Purchases of receivable portfolios 47,311 65,731 408,757 250,107
Gross collections (239,577) (183,406) (696,957) (561,724)
Put-backs and recalls (267) (641) (1,892) (2,339)
Revenue recognized 134,496 113,275 386,685 330,264
(Portfolio allowances) portfolio allowance reversals, net (202) (3,060) (1,427) (11,379)
Balance, end of period 811,620 649,682 811,620 649,682
Revenue as a percentage of collections 56.10% 61.80% 55.50% 58.80%
Zero Basis Portfolios [Member]
       
Summary of changes in the balance of the investment in receivable portfolios        
Balance, beginning of period            
Purchases of receivable portfolios            
Gross collections (6,388) (5,624) (20,560) (13,373)
Put-backs and recalls    (4)    (4)
Revenue recognized 5,469 4,173 17,627 10,107
(Portfolio allowances) portfolio allowance reversals, net 919 1,455 2,933 3,270
Balance, end of period            
Revenue as a percentage of collections 85.60% 74.20% 85.70% 75.60%