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Asset-Backed Financing (Tables)
 3 Months Ended
Mar. 31, 2019
Transfers and Servicing [Abstract]  
Assets and Liabilities Related to the On-Balance Sheet Financing
The following tables show the assets and liabilities related to the on-balance sheet asset-backed financings included in the financial statements (in thousands):
 
March 31, 2019
 
Finance receivables
 
Allowance for credit losses
 
Restricted cash
 
Other assets
 
Total assets
 
Asset-backed debt
On-balance sheet assets and liabilities
 
 
 
 
 
 
 
 
 
 
 
Consolidated VIEs
 
 
 
 
 
 
 
 
 
 
 
Asset-backed securitizations
$
62,771

 
$
(1,855
)
 
$
8,199

 
$
134

 
$
69,249

 
$
18,694

Asset-backed U.S. commercial paper conduit facilities
567,295

 
(16,821
)
 
31,565

 
1,282

 
583,321

 
526,947

Unconsolidated VIEs
 
 
 
 
 
 
 
 
 
 
 
Asset-backed Canadian commercial paper conduit facility
164,779

 
(3,003
)
 
9,767

 
282

 
171,825

 
142,676

Total on-balance sheet assets and liabilities
$
794,845

 
$
(21,679
)
 
$
49,531

 
$
1,698

 
$
824,395

 
$
688,317

 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2018
 
Finance receivables
 
Allowance for credit losses
 
Restricted cash
 
Other assets
 
Total assets
 
Asset-backed debt
On-balance sheet assets and liabilities
 
 
 
 
 
 
 
 
 
 
 
Consolidated VIEs
 
 
 
 
 
 
 
 
 
 
 
Asset-backed securitizations
$
158,718

 
$
(4,691
)
 
$
17,191

 
$
329

 
$
171,547

 
$
95,167

Asset-backed U.S. commercial paper conduit facilities
631,588

 
(18,733
)
 
30,012

 
1,234

 
644,101

 
582,717

Unconsolidated VIEs
 
 
 
 
 
 
 
 
 
 
 
Asset-backed Canadian commercial paper conduit facility
181,774

 
(3,130
)
 
8,779

 
343

 
187,766

 
155,951

Total on-balance sheet assets and liabilities
$
972,080

 
$
(26,554
)
 
$
55,982

 
$
1,906

 
$
1,003,414

 
$
833,835

 
 
 
 
 
 
 
 
 
 
 
 
 
April 1, 2018
 
Finance receivables
 
Allowance for credit losses
 
Restricted cash
 
Other assets
 
Total assets
 
Asset-backed debt
On-balance sheet assets and liabilities
 
 
 
 
 
 
 
 
 
 
 
Consolidated VIEs
 
 
 
 
 
 
 
 
 
 
 
Asset-backed securitizations
$
367,584

 
$
(11,387
)
 
$
38,207

 
$
1,207

 
$
395,611

 
$
284,793

Asset-backed U.S. commercial paper conduit facilities
299,318

 
(9,297
)
 
16,933

 
968

 
307,922

 
281,311

Unconsolidated VIEs
 
 
 
 
 
 
 
 
 
 
 
Asset-backed Canadian commercial paper conduit facility
183,073

 
(3,085
)
 
10,600

 
320

 
190,908

 
158,162

Total on-balance sheet assets and liabilities
$
849,975

 
$
(23,769
)
 
$
65,740

 
$
2,495

 
$
894,441

 
$
724,266
Schedule of Servicing Activities
The unpaid principal balance of retail motorcycle finance receivables serviced by the Company was as follows (in thousands):
 
March 31,
2019
 
December 31,
2018
 
April 1,
2018
On-balance sheet retail motorcycle finance receivables
$
6,159,058

 
$
6,185,350

 
$
5,923,564

Off-balance sheet retail motorcycle finance receivables
67,062

 
79,613

 
127,643

Total serviced retail motorcycle finance receivables
$
6,226,120

 
$
6,264,963

 
$
6,051,207

The unpaid principal balance of retail motorcycle finance receivables serviced by the Company 30 days or more delinquent was as follows (in thousands):
 
Amount 30 days or more past due:
 
March 31,
2019
 
December 31,
2018
 
April 1,
2018
On-balance sheet retail motorcycle finance receivables
$
201,142

 
$
228,015

 
$
166,560

Off-balance sheet retail motorcycle finance receivables
1,194

 
1,658

 
1,652

Total serviced retail motorcycle finance receivables
$
202,336

 
$
229,673

 
$
168,212

Credit losses, net of recoveries for the retail motorcycle finance receivables serviced by the Company were as follows (in thousands):
 
Three months ended
 
March 31,
2019
 
April 1,
2018
On-balance sheet retail motorcycle finance receivables
$
33,504

 
$
32,173

Off-balance sheet retail motorcycle finance receivables
231

 
361

Total serviced retail motorcycle finance receivables
$
33,735

 
$
32,534