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Fair Value of Financial Instruments Fair Value, Assets Measured on Recurring Basis (Tables) | 12 Months Ended
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Dec. 31, 2022
Fair Value Disclosures [Abstract] |
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis | The Company’s financial assets and liabilities as of December 31, 2022 and 2021 that are measured at fair value on a recurring basis are as follows (in thousands):
|  | Estimated Fair Value
|  | December 31, |  | Fair Value Measurements Using
|  | 2022 |  | Level 1 |  | Level 2 |  | Level 3
Financial liabilities: |  |  |  |  |  |  |  |
Contingent Consideration |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
|  | Estimated Fair Value
|  | December 31, |  | Fair Value Measurements Using
|  | 2021 |  | Level 1 |  | Level 2 |  | Level 3
Financial liabilities: |  |  |  |  |  |  |  |
Contingent Consideration (1) |  | $ | 109,549 |  |  | $ | — |  |  | $ | — |  |  | $ | 109,549 |
(1)The current portion of $95.6 million is included in accounts payable and accrued liabilities and the non-current portion of $14.0 million is included in other liabilities in the accompanying consolidated balance sheet as of December 31, 2021.
Schedule of Fair Value, Changes in Assets and Liabilities Measured on Recurring Basis Level 3 Fair Value Measurement | The changes in financial assets and liabilities that are measured and recorded at fair value on a recurring basis using Level 3 fair value measurements for the year ended December 31, 2022 and 2021 is as follows (in thousands):
| Year Ended December 31,
| 2022 |  | 2021
Contingent Consideration at beginning of period | $ | 109,549 |  |  | $ | — |
Contingent Consideration issued December 17, 2021 (see Note 3) | — |  |  | 127,420 |
Change in fair value (1) | (109,549) |  |  | (17,871) |
Contingent Consideration at end of period | $ | — |  |  | $ | 109,549 |
(1)The Company recognized a gain of $109.5 million and $17.9 million during the year ended December 31, 2022 and 2021, respectively, as a result of the change in fair value of the Contingent Consideration (see Note 3), which is included in gain on revaluation of contingent acquisition consideration in the accompanying consolidated statements of income. As further described in Note 3, $325.0 million of the potential $375.0 million in Contingent Consideration was not earned leaving the right to receive up to $50.0 million of additional consideration if AFF achieves certain adjusted EBITDA targets for the first half of 2023, and is the only remaining portion of Contingent Consideration as of December 31, 2022.
Fair Value, by Balance Sheet Grouping | The Company’s financial assets and liabilities as of December 31, 2022 and 2021 that are not measured at fair value in the consolidated balance sheets are as follows (in thousands):
|  | Carrying Value |  | Estimated Fair Value
|  | December 31, |  | December 31, |  | Fair Value Measurements Using
|  | 2022 |  | 2022 |  | Level 1 |  | Level 2 |  | Level 3
Financial assets: |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 117,330 |  |  | $ | 117,330 |  |  | $ | 117,330 |  |  | $ | — |  |  | $ | — |
Accounts receivable, net |  | 57,792 |  |  | 57,792 |  |  | — |  |  | — |  |  | 57,792 |
Pawn loans |  | 390,617 |  |  | 390,617 |  |  | — |  |  | — |  |  | 390,617 |
Finance receivables, net (1) |  | 103,494 |  |  | 201,895 |  |  | — |  |  | — |  |  | 201,895 |
|  | $ | 669,233 |  |  | $ | 767,634 |  |  | $ | 117,330 |  |  | $ | — |  |  | $ | 650,304 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |
Revolving unsecured credit facilities |  | $ | 339,000 |  |  | $ | 339,000 |  |  | $ | — |  |  | $ | 339,000 |  |  | $ | — |
Senior unsecured notes (outstanding principal) |  | 1,050,000 |  |  | 932,000 |  |  | — |  |  | 932,000 |  |  | — |
|  | $ | 1,389,000 |  |  | $ | 1,271,000 |  |  | $ | — |  |  | $ | 1,271,000 |  |  | $ | — |
(1)Finance receivables, gross as of December 31, 2022 was $196.0 million. See Note 7.
|  | Carrying Value |  | Estimated Fair Value
|  | December 31, |  | December 31, |  | Fair Value Measurements Using
|  | 2021 |  | 2021 |  | Level 1 |  | Level 2 |  | Level 3
Financial assets: |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 120,046 |  |  | $ | 120,046 |  |  | $ | 120,046 |  |  | $ | — |  |  | $ | — |
Accounts receivable, net |  | 55,356 |  |  | 55,356 |  |  | — |  |  | — |  |  | 55,356 |
Pawn loans |  | 347,973 |  |  | 347,973 |  |  | — |  |  | — |  |  | 347,973 |
Finance receivables, net (1) |  | 181,021 |  |  | 233,000 |  |  | — |  |  | — |  |  | 233,000 |
|  | $ | 704,396 |  |  | $ | 756,375 |  |  | $ | 120,046 |  |  | $ | — |  |  | $ | 636,329 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |
Revolving unsecured credit facility |  | $ | 259,000 |  |  | $ | 259,000 |  |  | $ | — |  |  | $ | 259,000 |  |  | $ | — |
Senior unsecured notes (outstanding principal) |  | 1,050,000 |  |  | 1,058,000 |  |  | — |  |  | 1,058,000 |  |  | — |
|  | $ | 1,309,000 |  |  | $ | 1,317,000 |  |  | $ | — |  |  | $ | 1,317,000 |  |  | $ | — |
(1)Finance receivables, gross as of December 31, 2021 was $220.3 million. See Note 7.

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- 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 https://asc.fasb.org/extlink&oid=123594938&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 https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
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