(9) Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2022

Fair Value Disclosures [Abstract]

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

	Three Months Ended
	March 31,
	2022			2021
	(In thousands)
Balance at beginning of period	$	1,749,098		$	1,523,726
Finance receivables at fair value acquired during period		393,407			205,459
Payments received on finance receivables at fair value		(209,844	)		(156,020	)
Net interest income accretion on fair value receivables		(31,204	)		(35,025	)
Mark to fair value		2,400			(4,417	)
Balance at end of period	$	1,903,857		$	1,533,723

Finance receivables fair and contractual balances

	March 31, 2022				December 31, 2021
	Contractual		Fair		Contractual		Fair
	Balance		Value		Balance		Value
	(In thousands)
Finance receivables measured at fair value	$	2,133,969	$	1,903,857	$	1,972,699	$	1,749,098

Schedule of level 3 fair value measurements

Financial Instrument	Fair Values as of					Inputs as of
	March 31,		December 31,			March 31,	December 31,
	2022		2021		Unobservable Inputs	2022	2021
	(In thousands)
Assets:
Finance receivables measured at fair value	$	1,903,857	$	1,749,098	Discount rate	9.9% - 11.3%	10.6% - 11.3%
					Cumulative net losses	10.0% - 18.4%	10.00% - 18.4%

Schedule of delinquency status of finance receivables measured at fair value

	March 31,		December 31,
	2022		2021
	(In thousands)
Delinquency Status
Current	$	1,971,766	$	1,787,641
31 - 60 days		92,440		115,924
61 - 90 days		35,714		38,999
91 + days		11,248		11,564
Repo		22,801		18,571
	$	2,133,969	$	1,972,699

Schedule of estimated fair values of financial assets and liabilities

	As of March 31, 2022
Financial Instrument	(In thousands)
	Carrying		Fair Value Measurements Using:
	Value		Level 1		Level 2		Level 3		Total
Assets:
Cash and cash equivalents	$	21,726	$	21,726	$	–	$	–	$	21,726
Restricted cash and equivalents		164,550		164,550		–		–		164,550
Finance receivables, net		141,711		–		–		144,178		144,178
Accrued interest receivable		1,673		–		–		1,673		1,673
Liabilities:
Warehouse lines of credit	$	147,026	$	–	$	–	$	147,026	$	147,026
Accrued interest payable		3,807		–		–		3,807		3,807
Securitization trust debt		1,813,478		–		–		1,727,163		1,727,163
Subordinated renewable notes		26,756		–		–		26,756		26,756

	As of December 31, 2021
Financial Instrument	(In thousands)
	Carrying		Fair Value Measurements Using:
	Value		Level 1		Level 2		Level 3		Total
Assets:
Cash and cash equivalents	$	29,928	$	29,928	$	–	$	–	$	29,928
Restricted cash and equivalents		146,620		146,620		–		–		146,620
Finance receivables, net		176,184		–		–		178,795		178,795
Accrued interest receivable		2,269		–		–		2,269		2,269
Liabilities:
Warehouse lines of credit	$	105,610	$	–	$	–	$	105,610	$	105,610
Accrued interest payable		3,568		–		–		3,568		3,568
Securitization trust debt		1,759,972		–		–		1,740,901		1,740,901
Subordinated renewable notes		26,459		–		–		26,459		26,459