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Condensed Consolidated Statements of Financial Condition (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Assets    
Cash and cash equivalents $ 110,156 $ 17,510
Investment in receivable portfolios, net 1,595,642 873,119
Deferred court costs, net 39,004 35,407
Receivables secured by property tax liens, net 186,190 135,100
Property and equipment, net 50,050 23,223
Other assets 120,441 31,535
Goodwill 489,520 55,446
Total assets 2,591,003 [1] 1,171,340 [1]
Liabilities:    
Accounts payable and accrued liabilities 106,632 45,450
Deferred tax liabilities, net 110,453 8,236
Debt 1,806,680 706,036
Other liabilities 6,967 5,802
Total liabilities 2,030,732 [1] 765,524 [1]
Redeemable noncontrolling interest 12,231  
Commitments and contingencies      
Stockholders' equity:    
Convertible preferred stock, $.01 par value, 5,000 shares authorized, no shares issued and outstanding      
Common stock, $.01 par value, 50,000 shares authorized, 25,412 shares and 23,191 shares issued and outstanding as of September 30, 2013 and December 31, 2012, respectively 254 232
Additional paid-in capital 171,548 88,029
Accumulated earnings 371,676 319,329
Accumulated other comprehensive gain (loss) 455 (1,774)
Total Encore Capital Group, Inc. stockholders' equity 543,933 405,816
Noncontrolling interest 4,107  
Total stockholders' equity 548,040 405,816
Total liabilities, redeemable noncontrolling interest and stockholders' equity $ 2,591,003 $ 1,171,340
[1] The Company's consolidated assets as of September 30, 2013 included $1,067,007 of assets from its variable interest entity, or VIE, that can only be used to settle obligations of the VIE. These assets include cash and cash equivalents of $54,584; investment in receivable portfolios, net, of $596,160; property and equipment, net, of $14,249; other assets of $32,102; and goodwill of $369,912. The Company's consolidated liabilities as of September 30, 2013, included $864,432 of liabilities of its VIE, whose creditors have no recourse to the Company. These liabilities include accounts payable and accrued liabilities of $31,817; deferred tax liabilities of $6,978; debt of 825,524; and other liabilities of $113. See further details of the assets and liabilities of the Company's VIE in Note 12, "Variable Interest Entity."