Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2016

Fair Value Disclosures [Abstract]

Schedule of fair value assets measured on recurring basis

The following table presents financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2016 (in thousands):

	Total Carrying Value in Consolidated Balance Sheet		Quoted prices in active markets for identical assets or liabilities (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
Financial Assets:
Warrant assets	$	1,013	$	—	$	—	$	1,013
Marketable investments		2,621		1,057		—		1,564
Financial Liabilities:
Warrant liability	$	189	$	—	$	—	$	189

The following table presents financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2015 (in thousands):

	Total Carrying Value in Consolidated Balance Sheet		Quoted prices in active markets for identical assets or liabilities (Level 1)		Significant other observable inputs  (Level 2)		Significant unobservable inputs  (Level 3)
Financial Assets:
Warrant assets	$	1,900	$	—	$	—	$	1,900
Marketable investments		5,286		2,429		—		2,857
Financial Liabilities:
Warrant liability	$	259	$	—	$	—	$	259

Schedule of fair value assets measured on recurring basis unobservable input reconciliation

The changes on the value of the warrant assets during the years ended December 31, 2016 and 2015 were as follows (in thousands):

Fair value – December 31, 2014	$	679
Issuance		4,688
Transfers		—
Change in fair value		(3,467	)
Fair value – December 31, 2015		1,900
Issuance		—
Settlements		(1,405	)
Transfers		—
Change in fair value		518
Fair value – December 31, 2016	$	1,013

Schedule of weighted average assumptions

The following weighted average assumptions were used in the models to determine fair value:

	December 31,
	2016		2015
Dividend rate		—		—
Risk-free rate		1.9% to 2.3%		1.8% to 2.2%
Expected life (years)		3.6 to 5.3		4.6 to 10.0
Expected volatility		87.4% to 94.1%		85.6% to 97.2%

Schedule of fair value assets and liabilities measured on nonrecurring basis

The following table presents financial assets measured at fair value on a nonrecurring basis as of December 31, 2016 and 2015 (in thousands):

	Total Carrying Value in Consolidated Balance Sheet		Quoted prices in active markets for identical assets or liabilities (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
December 31, 2016
Impaired loans	$	3,338	$	—	$	—	$	3,338
December 31, 2015
Impaired loans	$	12,500	$	—	$	—	$	12,500

Schedule of fair value by balance sheet grouping

The disclosures include financial instruments and derivative financial instruments, other than investment in unconsolidated entity.

For the year ended December 31, 2016 (in thousands):

	Carry Value		Fair Value		Level 1		Level 2		Level 3
Financial Assets
Cash and cash equivalents	$	32,182	$	32,182	$	32,182	$	—	$	—
Finance receivables		126,366		126,366		—		—		126,366
Marketable investments		2,621		2,621		—		—		2,621
Warrant assets		1,013		1,013		—		—		1,013
Financial Liabilities
Warrant liability	$	189	$	189	$	—	$	—	$	189

For the year ended December 31, 2015 (in thousands):

	Carry Value		Fair Value		Level 1		Level 2		Level 3
Financial Assets
Cash and cash equivalents	$	47,287	$	47,287	$	47,287	$	—	$	—
Finance receivables		99,346		99,346		—		—		99,346
Marketable investments		5,286		2,429		—		—		2,857
Warrant assets		1,900		1,900		—		—		1,900
Financial Liabilities
Warrant liability	$	259	$	259	$	—	$	—	$	259