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CONSUMER LOANS (Tables)
6 Months Ended
Jun. 30, 2022
Investments In Consumer Loans Equity Method Investees [Abstract]  
Summary of the Investment in Consumer Loan Companies
The following table summarizes characteristics of the consumer loan portfolio:
Unpaid Principal BalanceCarrying ValueWeighted Average Coupon
Weighted Average Expected Life (Years)(A)
June 30, 2022
Total consumer loans$380,603 $423,735 17.5 %3.2
December 31, 2021
Total consumer loans$449,875 $507,291 17.5 %3.2
(A)Represents the weighted average expected timing of the receipt of expected cash flows for this investment.
Schedule Of Consumer Loans, Held-For-Investment
The following table summarizes the past due status and difference between the aggregate unpaid principal balance and the aggregate fair value of consumer loans:
June 30, 2022December 31, 2021
Days Past DueUnpaid Principal BalanceFair ValueFair Value Over (Under) Unpaid Principal BalanceUnpaid Principal BalanceFair ValueFair Value Over (Under) Unpaid Principal Balance
90+6,734 7,370 636 7,394 8,232 838 
Schedule of Carrying Value of Performing Consumer Loans
The following table summarizes activities related to the carrying value of consumer loans:
Balance at December 31, 2021$507,291 
Additional fundings(A)
14,350 
Proceeds from repayments(84,637)
Accretion of loan discount and premium amortization, net7,695 
Fair value adjustment due to:
Changes in instrument-specific credit risk4,126 
Other factors(25,090)
Balance at June 30, 2022$423,735 
(A)Represents draws on consumer loans with revolving privileges.