XML 36 R20.htm IDEA: XBRL DOCUMENT
v3.20.1

Fair Value of Financial Instruments (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2020
Fair Value Disclosures [Abstract] |
Schedule of Fair Value by Balance Sheet Grouping | The Company’s financial assets and liabilities as of March 31, 2020, 2019 and December 31, 2019 that are not measured at fair value in the consolidated balance sheets are as follows (in thousands):
|  | Carrying Value |  | Estimated Fair Value
|  | March 31, |  | March 31, |  | Fair Value Measurements Using
|  | 2020 |  | 2020 |  | Level 1 |  | Level 2 |  | Level 3
Financial assets: |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 75,464 |  |  | $ | 75,464 |  |  | $ | 75,464 |  |  | $ | — |  |  | $ | — |
Fees and service charges receivable |  | 40,121 |  |  | 40,121 |  |  | — |  |  | — |  |  | 40,121 |
Pawn loans |  | 314,296 |  |  | 314,296 |  |  | — |  |  | — |  |  | 314,296 |
Consumer loans, net |  | 410 |  |  | 410 |  |  | — |  |  | — |  |  | 410 |
|  | $ | 430,291 |  |  | $ | 430,291 |  |  | $ | 75,464 |  |  | $ | — |  |  | $ | 354,827 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |
Revolving unsecured credit facilities |  | $ | 355,519 |  |  | $ | 355,519 |  |  | $ | — |  |  | $ | 355,519 |  |  | $ | — |
Senior unsecured notes (outstanding principal) |  | 300,000 |  |  | 276,000 |  |  | — |  |  | 276,000 |  |  | — |
|  | $ | 655,519 |  |  | $ | 631,519 |  |  | $ | — |  |  | $ | 631,519 |  |  | $ | — |
|  | Carrying Value |  | Estimated Fair Value
|  | March 31, |  | March 31, |  | Fair Value Measurements Using
|  | 2019 |  | 2019 |  | Level 1 |  | Level 2 |  | Level 3
Financial assets: |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 49,663 |  |  | $ | 49,663 |  |  | $ | 49,663 |  |  | $ | — |  |  | $ | — |
Fees and service charges receivable |  | 43,993 |  |  | 43,993 |  |  | — |  |  | — |  |  | 43,993 |
Pawn loans |  | 345,200 |  |  | 345,200 |  |  | — |  |  | — |  |  | 345,200 |
Consumer loans, net |  | 11,017 |  |  | 11,017 |  |  | — |  |  | — |  |  | 11,017 |
|  | $ | 449,873 |  |  | $ | 449,873 |  |  | $ | 49,663 |  |  | $ | — |  |  | $ | 400,210 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |
Revolving unsecured credit facility |  | $ | 255,000 |  |  | $ | 255,000 |  |  | $ | — |  |  | $ | 255,000 |  |  | $ | — |
Senior unsecured notes (outstanding principal) |  | 300,000 |  |  | 306,000 |  |  | — |  |  | 306,000 |  |  | — |
|  | $ | 555,000 |  |  | $ | 561,000 |  |  | $ | — |  |  | $ | 561,000 |  |  | $ | — |
|  | Carrying Value |  | Estimated Fair Value
|  | December 31, |  | December 31, |  | Fair Value Measurements Using
|  | 2019 |  | 2019 |  | Level 1 |  | Level 2 |  | Level 3
Financial assets: |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 46,527 |  |  | $ | 46,527 |  |  | $ | 46,527 |  |  | $ | — |  |  | $ | — |
Fees and service charges receivable |  | 46,686 |  |  | 46,686 |  |  | — |  |  | — |  |  | 46,686 |
Pawn loans |  | 369,527 |  |  | 369,527 |  |  | — |  |  | — |  |  | 369,527 |
Consumer loans, net |  | 751 |  |  | 751 |  |  | — |  |  | — |  |  | 751 |
|  | $ | 463,491 |  |  | $ | 463,491 |  |  | $ | 46,527 |  |  | $ | — |  |  | $ | 416,964 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |
Revolving unsecured credit facility |  | $ | 335,000 |  |  | $ | 335,000 |  |  | $ | — |  |  | $ | 335,000 |  |  | $ | — |
Senior unsecured notes (outstanding principal) |  | 300,000 |  |  | 310,000 |  |  | — |  |  | 310,000 |  |  | — |
|  | $ | 635,000 |  |  | $ | 645,000 |  |  | $ | — |  |  | $ | 645,000 |  |  | $ | — |

X
- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=118260190&loc=d3e13467-108611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration