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Note 6 - Fair Values of Assets and Liabilities (Tables)

12 Months Ended

Dec. 31, 2021

Notes Tables

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

Assets – As of December 31, 2021 (1)		Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)				Carrying Amount of Assets
Loans, interest and fees receivable, net for which it is practicable to estimate fair value		$	—			$	—			$	402,380			$	383,811
Loans, interest and fees receivable, at fair value		$	—			$	—			$	1,026,424			$	1,026,424

Assets – As of December 31, 2020 (1)		Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)				Carrying Amount of Assets
Loans, interest and fees receivable, net for which it is practicable to estimate fair value		$	—			$	—			$	586,908			$	503,139
Loans, interest and fees receivable, at fair value		$	—			$	—			$	417,098			$	417,098

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

		Loans, Interest and Fees Receivables, at Fair Value
		2021				2020
Balance at January 1,		$	417,098			$	4,386
Net revaluations of loans, interest and fees receivable, at fair value, included in earnings			(110,283	)			(96,948	)
Principal chargeoffs, net of recoveries, included in earnings			(78,463	)			(9,855	)
Finance chargeoffs, included in earnings			(30,794	)			(2,746	)
Purchases			1,626,062				713,579
Settlements			(1,163,503	)			(295,301	)
Finance and fees, included in earnings			366,307				103,983
Balance at December 31,		$	1,026,424			$	417,098

Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]

Fair Value Measurement		Fair Value at December 31, 2021 (in thousands)			Valuation Technique		Unobservable Input		Range (Weighted Average)
Loans, interest and fees receivable, at fair value		$	1,026,424		Discounted cash flows		Gross yield, net of finance charge charge-offs			27.8% to 46.9% (40.9%)
							Payment rate			5.4% to 12.9% (10.6%)
							Expected principal credit loss rate			7.8% to 26.4% (23.5%)
							Servicing rate			3.4% to 5.7% (4.6%)
							Discount rate			12.3% to 13.5% (12.9%)

Fair Value Measurement		Fair Value at December 31, 2020 (in thousands)			Valuation Technique		Unobservable Input		Range (Weighted Average)
Loans, interest and fees receivable, at fair value		$	417,098		Discounted cash flows		Gross yield, net of finance charge charge-offs			22.7% to 56.5% (43.3%)
							Payment rate			3.9% to 11.4% (8.5%)
							Expected principal credit loss rate			6.9% to 31.4% (24.8%)
							Servicing rate			2.9% to 14.2% (4.3%)
							Discount rate			12.8% to 13.5% (13.3%)

Fair Value Measurement		Fair Value at December 31, 2020 (in thousands)			Valuation Technique		Unobservable Input		Weighted Average
Notes payable associated with structured financings, at fair value		$	2,919		Discounted cash flows		Gross yield, net of finance charge charge-offs			23.7	%
							Payment rate			3.9	%
							Expected principal credit loss rate			7.9	%
							Discount rate			13.2	%

Fair Value, Liabilities Measured on Recurring Basis [Table Text Block]

Liabilities – As of December 31, 2021		Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)				Carrying Amount of Liabilities
Liabilities not carried at fair value
Revolving credit facilities		$	—			$	—			$	1,255,518			$	1,255,518
Amortizing debt facilities		$	—			$	—			$	23,346			$	23,346
Senior notes, net		$	153,000			$	—			$	—			$	142,951

Liabilities – As of December 31, 2020		Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)				Carrying Amount of Liabilities
Liabilities not carried at fair value
Revolving credit facilities		$	—			$	—			$	857,068			$	857,068
Amortizing debt facilities		$	—			$	—			$	25,542			$	25,542
Convertible senior notes		$	—			$	41,284			$	—			$	24,386
Liabilities carried at fair value
Notes payable associated with structured financings, at fair value		$	—			$	—			$	2,919			$	2,919

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

		Notes Payable Associated with Structured Financings, at Fair Value
		2021				2020
Balance at January 1,		$	2,919			$	3,920
Net revaluations of notes payable associated with structured financings, at fair value, included in earnings			(807	)			(1,001	)
Repayments on outstanding notes payable, net			(2,112	)			—
Balance at December 31,		$	—			$	2,919

Fair Value Option, Disclosures [Table Text Block]

As of December 31, 2021		Loans, Interest and Fees Receivable at Fair Value				Loans, Interest and Fees Receivable Pledged as Collateral under Structured Financings at Fair Value
Aggregate unpaid gross balance of loans, interest and fees receivable that are reported at fair value		$	1,249			$	1,234,039
Aggregate unpaid principal balance included within loans, interest and fees receivable that are reported at fair value		$	1,204			$	1,131,895
Aggregate fair value of loans, interest and fees receivable that are reported at fair value		$	1,215			$	1,025,209
Aggregate fair value of receivables carried at fair value that are 90 days or more past due (which also coincides with finance charge and fee non-accrual policies)		$	8			$	4,640
Unpaid principal balance of receivables within loans, interest and fees receivable that are reported at fair value and are 90 days or more past due (which also coincides with finance charge and fee non-accrual policies) over the fair value of such loans, interest and fees receivable		$	13			$	59,656

As of December 31, 2020		Loans, Interest and Fees Receivable at Fair Value				Loans, Interest and Fees Receivable Pledged as Collateral under Structured Financings at Fair Value
Aggregate unpaid gross balance of loans, interest and fees receivable that are reported at fair value		$	630			$	515,434
Aggregate unpaid principal balance included within loans, interest and fees receivable that are reported at fair value		$	589			$	487,779
Aggregate fair value of loans, interest and fees receivable that are reported at fair value		$	540			$	416,558
Aggregate fair value of receivables carried at fair value that are 90 days or more past due (which also coincides with finance charge and fee non-accrual policies)		$	1			$	1,847
Unpaid principal balance of receivables within loans, interest and fees receivable that are reported at fair value and are 90 days or more past due (which also coincides with finance charge and fee non-accrual policies) over the fair value of such loans, interest and fees receivable		$	4			$	12,972

Notes Payable		Notes Payable Associated with Structured Financings, at Fair Value as of December 31, 2020
Aggregate unpaid principal balance of notes payable		$	101,314
Aggregate fair value of notes payable		$	2,919

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