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3. Finance Receivables Measured at Fair Value
3 Months Ended
Mar. 31, 2013
Finance Receivables Measured At Fair Value  
Finance Receivables Measured at Fair Value

In September 2011 we purchased approximately $217.8 million of finance receivables from Fireside Bank. These receivables are recorded on our balance sheet at fair value.

 

The following table presents the components of Finance Receivables measured at fair value:

 

   March 31,   December 31, 
   2013   2012 
Finance Receivables Measured at Fair Value   (In thousands) 
Finance receivables and accrued interest, net of unearned interest  $43,284   $60,804 
Less: Fair value adjustment  (263)  (1,136)
Finance receivables measured at fair value  $43,021   $59,668 

 

The following table summarizes the delinquency status of finance receivables measured at fair value as of March 31, 2013 and December 31, 2012:

 

   March 31,   December 31, 
   2013   2012 
   (In thousands) 
Deliquency Status          
Current  $41,606   $57,557 
31 - 60 days  1,054    2,206 
61 - 90 days  414    710 
91 + days  210    331 
   $43,284   $60,804