(12) Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2020

Fair Value Disclosures [Abstract]

Schedule of reconciliation of the finance receivables measured at fair value on a recurring basis

	Twelve Months Ended
	December 31,
	2020			2019
	(In thousands)
Balance at beginning of period	$	1,444,038		$	821,066
Finance receivables at fair value acquired during period		739,734			1,004,194
Payments received on finance receivables at fair value		(496,747	)		(292,948	)
Net interest income accretion on fair value receivables		(133,771	)		(90,383	)
Mark to fair value		(29,528	)		2,109
Balance at end of period	$	1,523,726		$	1,444,038

Schedule of finance receivables to their contractual balances

	December 31, 2020				December 31, 2019
	Contractual		Fair		Contractual		Fair
	Balance		Value		Balance		Value
	(In thousands)
Finance receivables measured at fair value	$	1,668,076	$	1,523,726	$	1,492,803	$	1,444,038

Schedule of level 3 fair value measurements

Schedule of level 3 fair value measurements
Financial Instrument	Fair Values as of					Inputs as of
	December 31,					December 31,
	2020		2019		Unobservable Inputs	2020		2019
	(In thousands)
Assets:
Finance receivables measured at fair value	$	1,523,726	$	1,444,038	Discount rate		10.4% - 11.1%		8.9% - 11.1%
					Cumulative net losses		15.3% - 18.4%		15.0% - 16.1%

Schedule of delinquency status of finance receivables measured at fair value

	December 31,		December 31,
	2020		2019
	(In thousands)
Delinquency Status
Current	$	1,505,486	$	1,344,883
31 - 60 days		96,296		81,262
61 - 90 days		36,436		34,280
91 + days		9,607		15,167
Repo		20,251		17,211
	$	1,668,076	$	1,492,803

Schedule of estimated fair values of financial assets and liabilities

	As of December 31, 2020
Financial Instrument	(In thousands)
	Carrying		Fair Value Measurements Using:
	Value		Level 1		Level 2		Level 3		Total
Assets:
Cash and cash equivalents	$	13,466	$	13,466	$	–	$	–	$	13,466
Restricted cash and equivalents		130,686		130,686		–		–		130,686
Finance receivables, net		411,343		–		–		429,972		429,972
Accrued interest receivable		5,017		–		–		5,017		5,017
Liabilities:
Warehouse lines of credit	$	118,999	$	–	$	–	$	118,999	$	118,999
Accrued interest payable		4,919		–		–		4,919		4,919
Securitization trust debt		1,803,673		–		–		1,862,630		1,862,630
Subordinated renewable notes		21,323		–		–		21,323		21,323

	As of December 31, 2019
Financial Instrument	(In thousands)
	Carrying		Fair Value Measurements Using:
	Value		Level 1		Level 2		Level 3		Total
Assets:
Cash and cash equivalents	$	5,295	$	5,295	$	–	$	–	$	5,295
Restricted cash and equivalents		135,537		135,537		–		–		135,537
Finance receivables, net		885,890		–		–		841,160		841,160
Accrued interest receivable		11,645		–		–		11,645		11,645
Liabilities:
Warehouse lines of credit	$	134,791	$	–	$	–	$	134,791	$	134,791
Accrued interest payable		5,254		–		–		5,254		5,254
Securitization trust debt		2,097,728		–		–		2,116,520		2,116,520
Subordinated renewable notes		17,534		–		–		17,534		17,534