Schedule of finance receivables
	December 31,
	2022		2021
Finance receivables	(In thousands)
Automobile finance receivables, net of unearned interest	$	92,304	$	232,390
Unearned acquisition fees, discounts and deferred origination costs, net		–		–
Finance receivables	$	92,304	$	232,390

We consider an automobile contract delinquent when an obligor fails to make at least 90% of a contractually due payment by the following due date, which date may have been extended within limits specified in the servicing agreements. The period of delinquency is based on the number of days payments are contractually past due, as extended where applicable. Automobile contracts less than 31 days delinquent are not reported as delinquent. In certain circumstances we will grant obligors one-month payment extensions. The only modification of terms is to advance the obligor’s next due date by one month and extend the maturity date of the receivable by one month. In certain limited cases, a two-month extension may be granted. There are no other concessions, such as a reduction in interest rate, forgiveness of principal or of accrued interest. Accordingly, we consider such extensions to be insignificant delays in payments rather than troubled debt restructurings. The following table summarizes the delinquency status of finance receivables as of December 31, 2022 and 2021:

Schedule of amortized cost basis of finance receivables


	December 31,
	2022		2021
	(In thousands)
Annual Vintage Pool
2012 and prior	$	33	$	131
2013		231		1,091
2014		1,601		6,881
2015		8,627		29,695
2016		28,632		76,728
2017		53,180		117,864
Total amortized cost basis	$	92,304	$	232,390

Schedule of allowance for losses on repossessed inventory


	December 31,
	2022			2021
	(In thousands)
Gross balance of repossessions in inventory	$	1,894		$	4,341
Allowance for losses on repossessed inventory		(1,323	)		(1,871	)
Net repossessed inventory included in other assets	$	571		$	2,470