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Finance Receivables, net (Schedule of Valuation Allowance Account) (Details) (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Allowance For Loan Losses [Roll Forward]    
Beginning balance $ 86,166us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAllowanceForLoanLosses $ 91,101us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAllowanceForLoanLosses
Allowance charges 2,685us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesProvisionForLoanLosses1 1,387us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesProvisionForLoanLosses1
Reversal of previous recorded allowance charges (1,055)us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAllowanceForLoanLossesDecreases1 (3,340)us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAllowanceForLoanLossesDecreases1
Net allowance charges/(reversals) 1,630praa_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAllowanceForLoanLossesNet (1,953)praa_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAllowanceForLoanLossesNet
Ending balance $ 87,796us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAllowanceForLoanLosses $ 89,148us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAllowanceForLoanLosses