XML 100 R89.htm IDEA: XBRL DOCUMENT v3.5.0.2
INVESTMENTS IN CONSUMER LOANS - Carrying Value of Performing Loans (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2016
Jun. 30, 2015
Loans Receivable [Roll Forward]      
Proceeds from repayments   $ (17,825) $ (11,085)
Accretion of loan discount and premium amortization, net   331,915 $ 209,137
Consumer Portfolio Segment [Member] | Performing Loans [Member]      
Loans Receivable [Roll Forward]      
Beginning balance   0  
SpringCastle Transaction   1,536,138  
Additional fundings [1]   16,483  
Proceeds from repayments   (79,158)  
Accretion of loan discount and premium amortization, net   2,145  
Net charge-offs $ (15,438) [2] (15,438)  
Provision for loan losses (15,970) (532)  
Ending balance $ 1,459,638 $ 1,459,638  
[1] Represents draws on consumer loans with revolving privileges.
[2] Consumer loans, other than PCD loans, are charged off when available information confirms that loans are uncollectible, which is generally 180 days past due. Charge-offs are presented net of $2.8 million in recoveries of previously charged-off UPB.