Loans Receivable (Tables)

12 Months Ended

Dec. 31, 2016

Receivables [Abstract]

Schedule of the Components of Loans Receivable, Net

Accounts receivable, net of allowances, consist of the following:

	December 31,
(In Thousands)	2016		2015
Customers	$	36,227	$	35,153
Corporate	26,375		26,175
Franchisee	33,175		52,111
	$	95,777	$	113,439

The following is a summary of the Company’s loans receivable, net:

	December 31,
(In Thousands)	2016			2015
Credit Card Loans	$	64,794		$	13,900
Acquired Loans	33,840			74,866
Loans Receivable, Gross	98,634			88,766
Allowance for Loan Losses	(6,624		)	(937		)
Unamortized Fees	(7,206		)	(2,034		)
Loans Receivable, Net of Allowances and Unamortized Fees	$	84,804		$	85,795

Aging of the Loans Receivable Balance

Included in the table below is an aging of the loans receivable, gross balance:

(Dollar Amounts in Thousands)	December 31,
Aging Category1	2016			2015
30-59 Days Past Due	6.8		%	7.9		%
60-89 Days Past Due	3.2		%	3.3		%
90 or more Days Past Due	4.3		%	4.1		%
Past Due Loans Receivable	14.3		%	15.3		%
Current Loans Receivable	85.7		%	84.7		%
Balance of Credit Card Loans on Nonaccrual Status	$	1,072		$	—
Balance of Loans Receivable 90 or More Days Past Due and Still Accruing Interest and Fees	$	—		$	—

¹ This aging is based on the contractual amounts outstanding for each loan as of period end, and does not reflect the fair value adjustments for the Acquired Loans.

Allowance for Loan Losses

The table below presents the components of the allowance for loan losses:

	December 31,
(In Thousands)	2016			2015
Beginning Balance1	$	937		$	—
Provision for Loan Losses	11,251			937
Charge-offs	(5,675		)	—
Recoveries	111			—
Ending Balance	$	6,624		$	937

¹ The Company acquired DAMI on October 15, 2015 and recorded $89.1 million of loans receivable as of the acquisition date. No corresponding allowance for loan losses was recorded as the loans receivable were established at fair value in acquisition accounting.