3. Finance Receivables Measured at Fair Value

3 Months Ended

Mar. 31, 2015

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,
	2015		2014
Finance Receivables Measured at Fair Value	(In thousands)
Finance receivables and accrued interest, net of unearned interest	$	743	$	1,664
Less: Fair value adjustment		–		–
Finance receivables measured at fair value	$	743	$	1,664

The following table summarizes the delinquency status of finance receivables measured at fair value as of March 31, 2015 and December 31, 2014:

	March 31,		December 31,
	2015		2014
	(In thousands)
Deliquency Status
Current	$	385	$	1,266
31 - 60 days		210		262
61 - 90 days		106		74
91 + days		42		62
	$	743	$	1,664