(9) Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2021

Fair Value Disclosures [Abstract]

Schedule of reconciliation of the finance receivables measured at fair value on a recurring basis

	Three Months Ended
	March 31,
		2021			2020
		(In thousands)
Balance at beginning of period	$	1,523,726		$	1,444,038
Finance receivables at fair value acquired during period		205,459			265,282
Payments received on finance receivables at fair value		(156,020	)		(109,558	)
Net interest income accretion on fair value receivables		(35,025	)		(29,715	)
Mark to fair value		(4,417	)		(10,350	)
Balance at end of period	$	1,533,723		$	1,559,697

Schedule of finance receivables to their contractual balances

	March 31, 2021				December 31, 2020
	Contractual		Fair		Contractual		Fair
	Balance		Value		Balance		Value
	(In thousands)
Finance receivables measured at fair value	$	1,698,110	$	1,533,723	$	1,668,076	$	1,523,726

Schedule of level 3 fair value measurements

Financial Instrument	Fair Values as of					Inputs as of
		March 31,		December 31,		March 31,	December 31,
		2021		2020	Unobservable Inputs	2021	2020
	(In thousands)
Assets:
Finance receivables measured at fair value	$	1,533,723	$	1,523,726	Discount rate	11.0% - 11.3%	10.4% - 11.1%
					Cumulative net losses	15.4% - 18.4%	15.3% - 18.4%

Schedule of delinquency status of finance receivables measured at fair value

	March 31,		December 31,
	2021		2020
	(In thousands)
Delinquency Status
Current	$	1,594,070	$	1,505,486
31 - 60 days		58,534		96,296
61 - 90 days		20,114		36,436
91 + days		5,378		9,607
Repo		20,014		20,251
	$	1,698,110	$	1,668,076

Schedule of estimated fair values of financial assets and liabilities

	As of March 31, 2021
Financial Instrument	(In thousands)
	Carrying		Fair Value Measurements Using:
	Value		Level 1		Level 2		Level 3		Total
Assets:
Cash and cash equivalents	$	9,197	$	9,197	$	–	$	–	$	9,197
Restricted cash and equivalents		159,404		159,404		–		–		159,404
Finance receivables, net		337,612		–		–		348,892		348,892
Accrued interest receivable		3,744		–		–		3,744		3,744
Liabilities:
Warehouse lines of credit	$	71,097	$	–	$	–	$	71,097	$	71,097
Accrued interest payable		4,740		–		–		4,740		4,740
Securitization trust debt		1,791,583		–		–		1,813,370		1,813,370
Subordinated renewable notes		23,740		–		–		23,740		23,740

	As of December 31, 2020
Financial Instrument	(In thousands)
	Carrying		Fair Value Measurements Using:
	Value		Level 1		Level 2		Level 3		Total
Assets:
Cash and cash equivalents	$	13,466	$	13,466	$	–	$	–	$	13,466
Restricted cash and equivalents		130,686		130,686		–		–		130,686
Finance receivables, net		411,343		–		–		429,972		429,972
Accrued interest receivable		5,017		–		–		5,017		5,017
Liabilities:
Warehouse lines of credit	$	118,999	$	–	$	–	$	118,999	$	118,999
Accrued interest payable		4,919		–		–		4,919		4,919
Securitization trust debt		1,803,673		–		–		1,862,630		1,862,630
Subordinated renewable notes		21,323		–		–		21,323		21,323