Debt (Tables)

9 Months Ended

Sep. 30, 2018

Debt Instrument [Line Items]

Schedule of information on warehouse borrowings

	Maximum		Balance Outstanding At
	Borrowing		September 30,		December 31,
	Capacity		2018		2017		Maturity Date
Short-term borrowings:
Repurchase agreement 1	$	150,000	$	96,739	$	100,630	June 14, 2019
Repurchase agreement 2 (1)		50,000		27,802		31,632	May 28, 2019
Repurchase agreement 3 (2)		225,000		73,162		154,020	December 21, 2018
Repurchase agreement 4		250,000		71,774		152,772	July 12, 2019
Repurchase agreement 5		175,000		30,511		88,920	January 31, 2019
Repurchase agreement 6		100,000		14,419		47,389	June 27, 2019
Repurchase agreement 7		50,000		745		—	December 26, 2018
Total warehouse borrowings	$	1,000,000	$	315,152	$	575,363

(1) In August 2018, the maturity of the line was extended to May 28, 2019 and the maximum borrowing capacity was increased to $50.0 million.

(2) As of September 30, 2018 and December 31, 2017,  $0.7 million and $41.8 million, respectively, are associated with finance receivables made to the Company’s warehouse customers. 

Junior Subordinated Notes

Debt Instrument [Line Items]

Schedule of remaining principal balance and fair value

	September 30,		December 31,
	2018		2017
Junior Subordinated Notes (1)	$	62,000	$	62,000
Fair value adjustment		(15,262)		(17,018)
Total Junior Subordinated Notes	$	46,738	$	44,982

(1) Stated maturity of March 2034; requires quarterly interest payments at a variable rate of 3‑month LIBOR plus 3.75% per annum.