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Note 6 - Fair Values of Assets and Liabilities (Tables) | 12 Months Ended
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Dec. 31, 2022
Notes Tables |
Fair Value, Assets Measured on Recurring Basis [Table Text Block] |
Assets – As of December 31, 2022 (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 and which are carried at net amortized cost |  | $ | — |  |  | $ | — |  |  | $ | 94,968 |  |  | $ | 87,434 |
Loans, interest and fees receivable, at fair value |  | $ | — |  |  | $ | — |  |  | $ | 1,817,976 |  |  | $ | 1,817,976 |
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 and which are carried at net amortized cost |  | $ | — |  |  | $ | — |  |  | $ | 402,380 |  |  | $ | 383,811 |
Loans, interest and fees receivable, at fair value |  | $ | — |  |  | $ | — |  |  | $ | 1,026,424 |  |  | $ | 1,026,424 |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] |
|  | Loans, Interest and Fees Receivables, at Fair Value |
|  | 2022 |  |  | 2021 |  |  | 2020 |
Balance at January 1, |  | $ | 1,026,424 |  |  | $ | 417,098 |  |  | $ | 4,386 |
Cumulative effects from adoption of fair value under the CECL standard |  |  | 314,985 |  |  |  | — |  |  |  | — |
Net revaluations of loans, interest and fees receivable, at fair value, included in earnings |  |  | (32,574 | ) |  |  | (110,283 | ) |  |  | (96,948 | )
Principal charge-offs, net of recoveries, included in earnings |  |  | (367,213 | ) |  |  | (78,463 | ) |  |  | (9,855 | )
Finance and fees, included in earnings |  |  | 874,749 |  |  |  | 366,307 |  |  |  | 103,983 |
Finance charge-offs, included in earnings |  |  | (177,282 | ) |  |  | (30,794 | ) |  |  | (2,746 | )
Purchases |  |  | 2,466,676 |  |  |  | 1,626,062 |  |  |  | 713,579 |
Settlements |  |  | (2,287,789 | ) |  |  | (1,163,503 | ) |  |  | (295,301 | )
Balance at December 31, |  | $ | 1,817,976 |  |  | $ | 1,026,424 |  |  | $ | 417,098 |
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block] |
Fair Value Measurement |  | Fair Value at December 31, 2022 (in thousands) |  | Valuation Technique |  | Unobservable Input |  | Range (Weighted Average) |
Loans, interest and fees receivable, at fair value |  | $ | 1,817,976 |  | Discounted cash flows |  | Gross yield, net of finance charge charge-offs |  |  | 24.7% to 36.1% (31.6%) |
|  |  |  |  |  |  | Payment rate |  |  | 5.0% to 11.4% (10.3%) |
|  |  |  |  |  |  | Expected principal credit loss rate |  |  | 9.2% to 30.3% (30.2%) |
|  |  |  |  |  |  | Servicing rate |  |  | 3.5% to 6.4% (3.6%) |
|  |  |  |  |  |  | Discount rate |  |  | 9.8% to 10.5% (10.1%) |
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%) |
Quantitative Information about Level 3 Fair Value Measurement |
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, Liabilities Measured on Recurring Basis [Table Text Block] |
Liabilities – As of December 31, 2022 |  | 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 |  | $ | — |  |  | $ | — |  |  | $ | 1,630,111 |  |  | $ | 1,630,111 |
Amortizing debt facilities |  | $ | — |  |  | $ | — |  |  | $ | 23,195 |  |  | $ | 23,195 |
Senior notes, net |  | $ | 125,640 |  |  | $ | — |  |  | $ | — |  |  | $ | 144,385 |
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 |
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, 2022 |  | 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 |  | $ | 786 |  |  | $ | 2,119,340 |
Aggregate unpaid principal balance included within loans, interest and fees receivable that are reported at fair value |  | $ | 760 |  |  | $ | 1,910,090 |
Aggregate fair value of loans, interest and fees receivable that are reported at fair value |  | $ | 765 |  |  | $ | 1,817,211 |
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) |  | $ | 3 |  |  | $ | 8,362 |
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 |  |  | $ | 144,767 |
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 |

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