(4) Finance Receivables Measured at Fair Value

12 Months Ended

Dec. 31, 2011

Fair Value of Financial Instruments, Policy [Policy Text Block]

(4) Finance Receivables Measured at Fair Value

In September 2011 we purchased approximately $217.8 million of finance receivables from Fireside Bank. These receivables are recorded on our balance sheet at fair value.

The following table presents the components of Finance Receivables measured at fair value and includes $1.5 million in repossessed inventory at December 31, 2011:

	December 31, 2011			December 31, 2010
	(In thousands)
Finance Receivables Measured at Fair Value
Finance receivables and accrued interest, net of unearned interest	$	172,167		$	-
Less: Fair value adjustment		(11,914	)		-
Finance receivables measured at fair value	$	160,253		$	-

The following table summarizes the delinquency status of finance receivables measured at fair value as of December 31, 2011 (we held no such receivables at December 31, 2010):

	December 31, 2011		December 31, 2010
	(In thousands)
Deliquency Status
Current	$	164,625	$	-
31 - 60 days		4,872		-
61 - 90 days		1,767		-
91 + days		903		-
	$	172,167	$	-