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Fair Value of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2020
Fair Value Disclosures [Abstract]  
Schedule of Fair Value by Balance Sheet Grouping
The Company’s financial assets and liabilities as of June 30, 2020, 2019 and December 31, 2019 that are not measured at fair value in the consolidated balance sheets are as follows (in thousands):

 
 
Carrying Value
 
Estimated Fair Value
 
 
June 30,
 
June 30,
 
Fair Value Measurements Using
 
 
2020
 
2020
 
Level 1
 
Level 2
 
Level 3
Financial assets:
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
$
70,956

 
$
70,956

 
$
70,956

 
$

 
$

Fees and service charges receivable
 
30,418

 
30,418

 

 

 
30,418

Pawn loans
 
230,383

 
230,383

 

 

 
230,383

Consumer loans, net
 
176

 
176

 

 

 
176

 
 
$
331,933

 
$
331,933

 
$
70,956

 
$

 
$
260,977

 
 
 
 
 
 
 
 
 
 
 
Financial liabilities:
 
 
 
 
 
 
 
 
 
 
Revolving unsecured credit facilities
 
$
200,000

 
$
200,000

 
$

 
$
200,000

 
$

Senior unsecured notes (outstanding principal)
 
300,000

 
300,000

 

 
300,000

 

 
 
$
500,000

 
$
500,000

 
$

 
$
500,000

 
$


 
 
Carrying Value
 
Estimated Fair Value
 
 
June 30,
 
June 30,
 
Fair Value Measurements Using
 
 
2019
 
2019
 
Level 1
 
Level 2
 
Level 3
Financial assets:
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
$
67,012

 
$
67,012

 
$
67,012

 
$

 
$

Fees and service charges receivable
 
46,991

 
46,991

 

 

 
46,991

Pawn loans
 
375,167

 
375,167

 

 

 
375,167

Consumer loans, net
 
3,850

 
3,850

 

 

 
3,850

 
 
$
493,020

 
$
493,020

 
$
67,012

 
$

 
$
426,008

 
 
 
 
 
 
 
 
 
 
 
Financial liabilities:
 
 
 
 
 
 
 
 
 
 
Revolving unsecured credit facility
 
$
340,000

 
$
340,000

 
$

 
$
340,000

 
$

Senior unsecured notes (outstanding principal)
 
300,000

 
308,000

 

 
308,000

 

 
 
$
640,000

 
$
648,000

 
$

 
$
648,000

 
$


 
 
Carrying Value
 
Estimated Fair Value
 
 
December 31,
 
December 31,
 
Fair Value Measurements Using
 
 
2019
 
2019
 
Level 1
 
Level 2
 
Level 3
Financial assets:
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
$
46,527

 
$
46,527

 
$
46,527

 
$

 
$

Fees and service charges receivable
 
46,686

 
46,686

 

 

 
46,686

Pawn loans
 
369,527

 
369,527

 

 

 
369,527

Consumer loans, net
 
751

 
751

 

 

 
751

 
 
$
463,491

 
$
463,491

 
$
46,527

 
$

 
$
416,964

 
 
 
 
 
 
 
 
 
 
 
Financial liabilities:
 
 
 
 
 
 
 
 
 
 
Revolving unsecured credit facility
 
$
335,000

 
$
335,000

 
$

 
$
335,000

 
$

Senior unsecured notes (outstanding principal)
 
300,000

 
310,000

 

 
310,000

 

 
 
$
635,000

 
$
645,000

 
$

 
$
645,000

 
$