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Fair Value Measurements And Disclosures - Financial Instruments Not Required to be Carried at Fair Value (Details) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Mar. 31, 2014
Dec. 31, 2013
Financial assets:        
Cash and cash equivalents, carrying amount $ 40,542us-gaap_CashAndCashEquivalentsAtCarryingValue $ 39,661us-gaap_CashAndCashEquivalentsAtCarryingValue $ 191,819us-gaap_CashAndCashEquivalentsAtCarryingValue $ 162,004us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents, estimated fair value 40,542us-gaap_CashAndCashEquivalentsFairValueDisclosure 39,661us-gaap_CashAndCashEquivalentsFairValueDisclosure    
Securitized assets 53,716us-gaap_HeldToMaturitySecurities 31,017us-gaap_HeldToMaturitySecurities    
Aggregate Fair Value 53,716us-gaap_HeldToMaturitySecuritiesFairValue 31,017us-gaap_HeldToMaturitySecuritiesFairValue    
Finance receivables, net, carrying amount 1,954,772us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet 2,001,790us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet 1,253,961us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet 1,239,191us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet
Finance receivables, net, estimated fair value 2,501,671praa_FairValueOfCertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesOutstandingBalance 2,460,787praa_FairValueOfCertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesOutstandingBalance    
Financial liabilities:        
Interest-bearing deposits, carrying value 32,439us-gaap_InterestBearingDepositLiabilities 27,704us-gaap_InterestBearingDepositLiabilities    
Interest-bearing deposits, fair value 32,439us-gaap_DepositsFairValueDisclosure 27,704us-gaap_DepositsFairValueDisclosure    
Outstanding borrowings under credit facility 866,188us-gaap_LineOfCredit 836,680us-gaap_LineOfCredit    
Revolving lines of credit, estimated fair value 866,188us-gaap_LinesOfCreditFairValueDisclosure 836,680us-gaap_LinesOfCreditFairValueDisclosure    
Term loans, carrying amount 181,250us-gaap_DebtInstrumentCarryingAmount 185,000us-gaap_DebtInstrumentCarryingAmount    
Term loans, estimated fair value 181,250us-gaap_LongTermDebtFairValue 185,000us-gaap_LongTermDebtFairValue    
Notes and loans payable, carrying value 169,938us-gaap_NotesAndLoansPayable 199,938us-gaap_NotesAndLoansPayable    
Notes and loans payable, fair value disclosure 169,938praa_NotesandLoansPayableFairValueDisclosure 199,938praa_NotesandLoansPayableFairValueDisclosure    
Convertible debt 261,886us-gaap_ConvertibleDebt 260,838us-gaap_ConvertibleDebt    
Convertible debt, estimated fair value 310,230us-gaap_ConvertibleDebtFairValueDisclosures 324,757us-gaap_ConvertibleDebtFairValueDisclosures    
Reported Value Measurement [Member]        
Financial assets:        
Cost Method Investments, Fair Value Disclosure 18,656us-gaap_CostMethodInvestmentsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
17,560us-gaap_CostMethodInvestmentsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
   
Estimate of Fair Value Measurement [Member]        
Financial assets:        
Cost Method Investments, Fair Value Disclosure $ 19,601us-gaap_CostMethodInvestmentsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
$ 19,776us-gaap_CostMethodInvestmentsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember