Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2024

Schedule of Fair Value by Balance Sheet Grouping

The Company’s financial assets and liabilities as of September 30, 2024, September 30, 2023 and December 31, 2023 that are not measured at fair value in the consolidated balance sheets are as follows (in thousands):


	Carrying Value		Estimated Fair Value
	September 30,		September 30,		Fair Value Measurements Using
	2024		2024		Level 1		Level 2		Level 3
Financial assets:
Cash and cash equivalents	$	106,320	$	106,320	$	106,320	$	—	$	—
Accounts receivable, net	74,378		74,378		—		—		74,378
Pawn loans	517,877		517,877		—		—		517,877
Finance receivables, net (1)	123,751		264,517		—		—		264,517
	$	822,326	$	963,092	$	106,320	$	—	$	856,772

Financial liabilities:
Revolving unsecured credit facilities	$	200,000	$	200,000	$	—	$	200,000	$	—
Senior unsecured notes (outstanding principal)	1,550,000		1,534,000		—		1,534,000		—
	$	1,750,000	$	1,734,000	$	—	$	1,734,000	$	—

(1)Finance receivables, gross as of September 30, 2024 was $259.5 million. See Note 6.


	Carrying Value		Estimated Fair Value
	September 30,		September 30,		Fair Value Measurements Using
	2023		2023		Level 1		Level 2		Level 3
Financial assets:
Cash and cash equivalents	$	86,547	$	86,547	$	86,547	$	—	$	—
Accounts receivable, net	72,336		72,336		—		—		72,336
Pawn loans	483,785		483,785		—		—		483,785
Finance receivables, net (1)	113,307		230,357		—		—		230,357
	$	755,975	$	873,025	$	86,547	$	—	$	786,478

Financial liabilities:
Revolving unsecured credit facilities	$	560,229	$	560,229	$	—	$	560,229	$	—
Senior unsecured notes (outstanding principal)	1,050,000		938,000		—		938,000		—
	$	1,610,229	$	1,498,229	$	—	$	1,498,229	$	—

(1)Finance receivables, gross as of September 30, 2023 was $224.6 million. See Note 6.


	Carrying Value		Estimated Fair Value
	December 31,		December 31,		Fair Value Measurements Using
	2023		2023		Level 1		Level 2		Level 3
Financial assets:
Cash and cash equivalents	$	127,018	$	127,018	$	127,018	$	—	$	—
Accounts receivable, net	71,922		71,922		—		—		71,922
Pawn loans	471,846		471,846		—		—		471,846
Finance receivables, net (1)	113,901		227,732		—		—		227,732
	$	784,687	$	898,518	$	127,018	$	—	$	771,500

Financial liabilities:
Revolving unsecured credit facilities	$	568,000	$	568,000	$	—	$	568,000	$	—
Senior unsecured notes (outstanding principal)	1,050,000		987,000		—		987,000		—
	$	1,618,000	$	1,555,000	$	—	$	1,555,000	$	—

(1)Finance receivables, gross as of December 31, 2023 were $227.5 million. See Note 6.