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Loans, Allowance for Loan Losses and Loans Held for Sale (Tables)
 9 Months Ended
Sep. 30, 2015
Receivables [Abstract]  
Schedule of Loans
Loans consisted of the following as of September 30, 2015 and December 31, 2014 (in thousands):
 
 
September 30, 2015
 
December 31, 2014
Term loans
$
455,701

 
$
466,386

Lines of credit
48,613

 
24,177

Total unpaid principal balance
504,314

 
490,563

Net deferred origination costs
8,078

 
13,544

Total loans
$
512,392

 
$
504,107
Schedule of Allowance for Loan Losses
The activity in the allowance for loan losses for the three and nine months ended September 30, 2015 and 2014 consisted of the following (in thousands):
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
Balance - beginning of period
$
53,052

 
$
31,900

 
$
49,804

 
$
19,443

Provision for loan losses
16,239

 
17,359

 
54,865

 
47,011

Loans charged off
(18,839
)
 
(10,403
)
 
(57,853
)
 
(28,462
)
Recoveries of loans previously charged off
2,135

 
900

 
5,771

 
1,764

Allowance for loan losses - end of period
$
52,587

 
$
39,756

 
$
52,587

 
$
39,756
Schedule of Non-delinquent and Delinquent Loans
The following table shows an aging analysis of the unpaid principal balance of loans by delinquency status as of September 30, 2015 and December 31, 2014 (in thousands): 
 
September 30, 2015
 
December 31, 2014
By delinquency status:
 
 
 
Non-delinquent loans
$
442,922

 
$
430,689

1-14 calendar days past due
23,824

 
23,954

15-29 calendar days past due
9,435

 
9,462

30-59 calendar days past due
9,443

 
10,707

60-89 calendar days past due
6,825

 
7,724

90 + calendar days past due
11,865

 
8,027

Total unpaid principal balance
$
504,314

 
$
490,563

The following table illustrates the unpaid principal balance of loans related to non-delinquent, paying and non-paying delinquent loans as of September 30, 2015 and December 31, 2014 (in thousands):
 
 
September 30, 2015
 
December 31, 2014
Non-delinquent loans
$
442,922

 
$
430,689

Delinquent: paying (accrual status)
35,585

 
40,049

Delinquent: non-paying (non-accrual status)
25,807

 
19,825

Total
$
504,314

 
$
490,563