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3. Finance Receivables Measured at Fair Value
6 Months Ended
Jun. 30, 2013
Finance Receivables Measured At Fair Value  
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:

 

    June 30,     December 31,  
    2013     2012  
Finance Receivables Measured at Fair Value   (In thousands)  
             
Finance receivables and accrued interest, net of unearned interest   $ 31,084     $ 60,804  
Less: Fair value adjustment     (765 )     (1,136 )
Finance receivables measured at fair value   $ 30,319     $ 59,668  

 

  

The following table summarizes the delinquency status of finance receivables measured at fair value as of June 30, 2013 and December 31, 2012:

  

    June 30,     December 31,  
    2013     2012  
    (In thousands)  
Deliquency Status                
Curent   $ 29,228     $ 57,557  
31 – 60 days     1,309       2,206  
61 – 90 days     399       710  
91 + days     148       331  
    $ 31,084     $ 60,804