XML 32 R20.htm IDEA: XBRL DOCUMENT v3.21.2
Fair Value of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2021
Fair Value Disclosures [Abstract]  
Schedule of Fair Value by Balance Sheet Grouping
The Company’s financial assets and liabilities as of June 30, 2021, 2020 and December 31, 2020 that are not measured at fair value in the consolidated balance sheets are as follows (in thousands):

Carrying ValueEstimated Fair Value
June 30,June 30,Fair Value Measurements Using
20212021Level 1Level 2Level 3
Financial assets:
Cash and cash equivalents$50,061 $50,061 $50,061 $— $— 
Fees and service charges receivable40,183 40,183 — — 40,183 
Pawn loans312,166 312,166 — — 312,166 
$402,410 $402,410 $50,061 $— $352,349 
Financial liabilities:
Revolving unsecured credit facilities$163,000 $163,000 $— $163,000 $— 
Senior unsecured notes (outstanding principal)500,000 521,000 — 521,000 — 
$663,000 $684,000 $— $684,000 $— 

Carrying ValueEstimated Fair Value
June 30,June 30,Fair Value Measurements Using
20202020Level 1Level 2Level 3
Financial assets:
Cash and cash equivalents$70,956 $70,956 $70,956 $— $— 
Fees and service charges receivable30,418 30,418 — — 30,418 
Pawn loans230,383 230,383 — — 230,383 
$331,757 $331,757 $70,956 $— $260,801 
Financial liabilities:
Revolving unsecured credit facilities$200,000 $200,000 $— $200,000 $— 
Senior unsecured notes (outstanding principal)300,000 300,000 — 300,000 — 
$500,000 $500,000 $— $500,000 $— 

Carrying ValueEstimated Fair Value
December 31,December 31,Fair Value Measurements Using
20202020Level 1Level 2Level 3
Financial assets:
Cash and cash equivalents$65,850 $65,850 $65,850 $— $— 
Fees and service charges receivable41,110 41,110 — — 41,110 
Pawn loans308,231 308,231 — — 308,231 
$415,191 $415,191 $65,850 $— $349,341 
Financial liabilities:
Revolving unsecured credit facilities$123,000 $123,000 $— $123,000 $— 
Senior unsecured notes (outstanding principal)500,000 516,000 — 516,000 — 
$623,000 $639,000 $— $639,000 $—