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Acquisitions (Tables) | 12 Months Ended
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Dec. 31, 2025
Acquisitions |
Schedule of components of the purchase price allocation | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
Purchase Price: | ​ ​ ​ | ​ | ​ | ​ ​ ​ | ​ | ​
Total purchase consideration paid | ​ | ​ | ​ | ​ | $ | 196,303
​ | ​ | ​ | ​ | ​ | ​ | ​
Allocation of purchase price: | ​ | ​ | ​ | ​ | ​ | ​
Investments in receivables, net: | ​ | ​ | ​ | ​ | ​ | ​
Unpaid principal balance | ​ | ​ | 407,718 | ​ | ​ | ​
Allowance for credit losses at time of acquisition | ​ | ​ | (304,792) | ​ | ​ | ​
Non-credit premium / (discount) | ​ | ​ | 93,376 | ​ | ​ | ​
Total investments in receivables, net | ​ | ​ | ​ | ​ | $ | 196,303
​ | ​ | ​ | ​ | ​ | ​ | ​
Schedule of relative fair values of the assets acquired and liabilities assumed | The Company has determined the relative fair values of the assets acquired and liabilities assumed, as of the date of acquisition, as presented (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
Purchase Price: | ​ ​ ​ | ​ | ​ | ​ ​ ​ | ​ | ​
Total purchase consideration paid | ​ | ​ | ​ | ​ | $ | 244,937
​ | ​ | ​ | ​ | ​ | ​ | ​
Allocation of purchase price: | ​ | ​ | ​ | ​ | ​ | ​
Cash and cash equivalents | ​ | ​ | ​ | ​ | ​ | 1,224
Investments in receivables, net: | ​ | ​ | ​ | ​ | ​ | ​
Unpaid principal balance | ​ | ​ | 566,696 | ​ | ​ | ​
Allowance for credit losses at time of acquisition | ​ | ​ | (251,317) | ​ | ​ | ​
Non-credit discount | ​ | ​ | (89,316) | ​ | ​ | ​
Investment in previously charged-off receivables | ​ | ​ | 11,964 | ​ | ​ | ​
Total investments in receivables, net | ​ | ​ | ​ | ​ | ​ | 238,028
Prepaid expenses and other assets: | ​ | ​ | ​ | ​ | ​ | ​
Lease (ROU asset) | ​ | ​ | 789 | ​ | ​ | ​
Information Technology Hardware | ​ | ​ | 413 | ​ | ​ | ​
Total prepaid expenses and other assets: | ​ | ​ | ​ | ​ | ​ | 1,202
Other intangible assets: | ​ | ​ | ​ | ​ | ​ | ​
Intellectual property | ​ | ​ | 2,881 | ​ | ​ | ​
Assembled workforce | ​ | ​ | 2,391 | ​ | ​ | ​
Total other intangible assets | ​ | ​ | ​ | ​ | ​ | 5,272
​ | ​ | ​ | ​ | ​ | ​ | ​
Accounts payable and accrued expenses | ​ | ​ | ​ | ​ | ​ | ​
Lease (ROU liability) | ​ | ​ | ​ | ​ | ​ | 789
​ | ​ | ​ | ​ | ​ | ​ | ​
Total net assets acquired | ​ | ​ | ​ | ​ | $ | 244,937

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