Fair Value, by Balance Sheet Grouping |
The Company’s financial assets and liabilities as of September 30, 2016, 2015 and December 31, 2015 that are not measured at fair value in the condensed consolidated balance sheets are as follows:
| | | | | | | | | | | | | | | | | | | | | | | | Carrying Value | | Estimated Fair Value | | | September 30, | | September 30, | | Fair Value Measurements Using | Financial assets: | | 2016 | | 2016 | | Level 1 | | Level 2 | | Level 3 | Cash and cash equivalents | | $ | 83,356 |
| | $ | 83,356 |
| | $ | 83,356 |
| | $ | — |
| | $ | — |
| Pawn loans | | 373,169 |
| | 373,169 |
| | — |
| | — |
| | 373,169 |
| Consumer loans, net | | 27,792 |
| | 27,792 |
| | — |
| | — |
| | 27,792 |
| Pawn loan fees and service charges receivable | | 45,708 |
| | 45,708 |
| | — |
| | — |
| | 45,708 |
| | | $ | 530,025 |
| | $ | 530,025 |
| | $ | 83,356 |
| | $ | — |
| | $ | 446,669 |
| | | | | | | | | | | | Financial liabilities: | | | | | | | | | | | Revolving unsecured credit facilities | | 360,000 |
| | 360,000 |
| | — |
| | 360,000 |
| | — |
| Senior unsecured notes, outstanding principal | | 200,000 |
| | 210,000 |
| | — |
| | 210,000 |
| | — |
| | | $ | 560,000 |
| | $ | 570,000 |
| | $ | — |
| | $ | 570,000 |
| | $ | — |
|
| | | | | | | | | | | | | | | | | | | | | | | | Carrying Value | | Estimated Fair Value | | | September 30, | | September 30, | | Fair Value Measurements Using | Financial assets: | | 2015 | | 2015 | | Level 1 | | Level 2 | | Level 3 | Cash and cash equivalents | | $ | 72,523 |
| | $ | 72,523 |
| | $ | 72,523 |
| | $ | — |
| | $ | — |
| Pawn loans | | 128,370 |
| | 128,370 |
| | — |
| | — |
| | 128,370 |
| Consumer loans, net | | 1,114 |
| | 1,114 |
| | — |
| | — |
| | 1,114 |
| Pawn loan fees and service charges receivable | | 18,116 |
| | 18,116 |
| | — |
| | — |
| | 18,116 |
| | | $ | 220,123 |
| | $ | 220,123 |
| | $ | 72,523 |
| | $ | — |
| | $ | 147,600 |
| | | | | | | | | | | | Financial liabilities: | | | | | | | | | | | Revolving unsecured credit facilities | | 68,500 |
| | 68,500 |
| | — |
| | 68,500 |
| | — |
| Senior unsecured notes, outstanding principal | | 200,000 |
| | 201,000 |
| | — |
| | 201,000 |
| | — |
| | | $ | 268,500 |
| | $ | 269,500 |
| | $ | — |
| | $ | 269,500 |
| | $ | — |
|
| | | | | | | | | | | | | | | | | | | | | | | | Carrying Value | | Estimated Fair Value | | | December 31, | | December 31, | | Fair Value Measurements Using | Financial assets: | | 2015 | | 2015 | | Level 1 | | Level 2 | | Level 3 | Cash and cash equivalents | | $ | 86,954 |
| | $ | 86,954 |
| | $ | 86,954 |
| | $ | — |
| | $ | — |
| Pawn loans | | 117,601 |
| | 117,601 |
| | — |
| | — |
| | 117,601 |
| Consumer loans, net | | 1,118 |
| | 1,118 |
| | — |
| | — |
| | 1,118 |
| Pawn loan fees and service charges receivable | | 16,406 |
| | 16,406 |
| | — |
| | — |
| | 16,406 |
| | | $ | 222,079 |
| | $ | 222,079 |
| | $ | 86,954 |
| | $ | — |
| | $ | 135,125 |
| | | | | | | | | | | | Financial liabilities: | | | | | | | | | | | Revolving unsecured credit facilities | | 58,000 |
| | 58,000 |
| | — |
| | 58,000 |
| | — |
| Senior unsecured notes, outstanding principal | | 200,000 |
| | 199,000 |
| | — |
| | 199,000 |
| | — |
| | | $ | 258,000 |
| | $ | 257,000 |
| | $ | — |
| | $ | 257,000 |
| | $ | — |
|
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