4. Finance Receivables Measured at Fair Value

12 Months Ended

Dec. 31, 2014

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 Consolidated Balance Sheets at fair value.

The following table presents the components of finance receivables measured at fair value and includes $1,319 and $120,000 in repossessed inventory at December 31, 2014 and December 31, 2013, respectively:

	December 31,
	2014		2013
	(In thousands)
Finance receivables measured at fair value
Finance receivables and accrued interest, net of unearned interest	$	1,664	$	14,786
Less: Fair value adjustment		–		(310	)
Finance receivables measured at fair value	$	1,664	$	14,476

The following table summarizes the delinquency status of finance receivables measured at fair value as of December 31, 2014 and December 31, 2013:

	December 31,
	2014		2013
	(In thousands)
Delinquency Status
Current	$	1,266	$	13,421
31 - 60 days		262		878
61 - 90 days		74		253
91 + days		62		234
	$	1,664	$	14,786