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Deposit contracts
 9 Months Ended
Sep. 30, 2016
Deposit Contracts, Liabilities [Abstract]  
Deposit contracts
The Company’s deposit liability contracts generally contain a fixed interest crediting rate. Certain deposit contracts also contained a variable interest crediting feature based on actual investment returns realized by the Company that can increase the overall effective interest crediting rate on those contracts. These variable interest crediting features are considered embedded derivatives. The Company includes the estimated fair value of these embedded derivatives with the host deposit liability contracts. Changes in the estimated fair value of these embedded derivatives are recorded in other expenses in the condensed consolidated statements of income (loss).
The following table represents activity in the deposit liabilities for the nine months ended September 30, 2016 and year ended December 31, 2015:
 
September 30,
2016
 
December 31,
2015
 
($ in thousands)
Balance, beginning of period
$
83,955

 
$
145,430

Consideration received
16,325

 
21,246

Consideration receivable
6,137

 
—

Net investment expense (income) allocation and change in fair value of embedded derivatives
(507
)
 
2,207

Payments
(397
)
 
(84,928
)
Foreign currency translation
(306
)
 
—

Balance, end of period
$
105,207

 
$
83,955