Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2023

Fair Value Disclosures [Abstract]

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

	Twelve Months Ended
	December 31,
	2023			2022
	(In thousands)
Balance at beginning of period	$	2,476,617		$	1,749,098
Finance receivables at fair value acquired during period		1,251,020			1,673,166
Payments received on finance receivables at fair value		(823,434	)		(825,783	)
Net interest income accretion on fair value receivables		(193,541	)		(135,147	)
Mark to fair value		12,000			15,283
Balance at end of period	$	2,722,662		$	2,476,617

Schedule of finance receivables to their contractual balances

	December 31, 2023				December 31, 2022
	Contractual		Fair		Contractual		Fair
	Balance		Value		Balance		Value
	(In thousands)
Finance receivables measured at fair value	$	2,941,915	$	2,722,662	$	2,701,184	$	2,476,617

Schedule of level 3 fair value measurements

Financial Instrument	Fair Values as of					Inputs as of
	December 31,					December 31,
	2023		2022		Unobservable Inputs	2023	2022
	(In thousands)
Assets:
Finance receivables measured at fair value	$	2,722,662	$	2,476,617	Discount rate	11.0%-11.7%	11.0%-11.3%
					Cumulative net losses	10.0%-21.7%	13.4%-19.4%

Schedule of delinquency status of finance receivables measured at fair value

	December 31,		December 31,
	2023		2022
	(In thousands)
Delinquency Status
Current	$	2,520,158	$	2,375,271
31 - 60 days		204,574		184,968
61 - 90 days		101,057		72,390
91 + days		49,541		29,048
Repo		66,585		39,507
	$	2,941,915	$	2,701,184

Schedule of fair values of financial assets and liabilities

	As of December 31, 2023
Financial Instrument	(In thousands)
	Carrying		Fair Value Measurements Using:
	Value		Level 1		Level 2		Level 3		Total
Assets:
Cash and cash equivalents	$	6,174	$	6,174	$	–	$	–	$	6,174
Restricted cash and equivalents		119,257		119,257		–		–		119,257
Finance receivables, net		24,684		–		–		20,848		20,848
Accrued interest receivable		292		–		–		292		292
Liabilities:
Warehouse lines of credit	$	234,025	$	–	$	–	$	234,025	$	234,025
Accrued interest payable		7,928		–		–		7,928		7,928
Securitization trust debt		2,265,446		–		–		2,183,331		2,183,331
Subordinated renewable notes		17,188		–		–		17,188		17,188

	As of December 31, 2022
Financial Instrument	(In thousands)
	Carrying		Fair Value Measurements Using:
	Value		Level 1		Level 2		Level 3		Total
Assets:
Cash and cash equivalents	$	13,490	$	13,490	$	–	$	–	$	13,490
Restricted cash and equivalents		149,299		149,299		–		–		149,299
Finance receivables, net		70,551		–		–		60,063		60,063
Accrued interest receivable		649		–		–		649		649
Liabilities:
Warehouse lines of credit	$	285,328	$	–	$	–	$	285,328	$	285,328
Accrued interest payable		6,190		–		–		6,190		6,190
Securitization trust debt		2,108,744		–		–		1,957,995		1,957,995
Subordinated renewable notes		25,263		–		–		25,263		25,263