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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Assets    
Unrestricted cash and cash equivalents $ 389,835 $ 384,984
Restricted cash and cash equivalents 44,677 48,208
Loans, interest and fees receivable:    
Loans, interest and fees receivable, at fair value 1,795,589 1,817,976
Loans, interest and fees receivable, gross 113,367 105,267
Allowances for uncollectible loans, interest and fees receivable (1,737) (1,643)
Deferred revenue (18,207) (16,190)
Net loans, interest and fees receivable 1,889,012 1,905,410
Property at cost, net of depreciation 12,160 10,013
Operating lease right-of-use assets 11,614 11,782
Prepaid expenses and other assets 27,997 27,417
Total assets 2,375,295 2,387,814
Liabilities    
Accounts payable and accrued expenses 42,006 44,332
Operating lease liabilities 20,363 20,112
Notes Payable, net held by VIEs 1,614,575 1,653,306
Senior notes, net 144,743 144,385
Income tax liability 68,845 60,689
Total liabilities 1,890,532 1,922,824
Commitments and contingencies (Note 10)
Shareholders' Equity    
Common stock, no par value, 150,000,000 shares authorized: 14,528,546 and 14,453,415 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively 0 0
Paid-in capital 115,796 121,996
Retained earnings 230,627 204,415
Total shareholders’ equity 346,423 326,411
Noncontrolling interests (1,685) (1,371)
Total equity 344,738 325,040
Total liabilities, preferred stock and equity 2,375,295 2,387,814
Series A Preferred Stock [Member]    
Liabilities    
Series A preferred stock, 400,000 shares issued and outstanding at March 31, 2023 (liquidation preference - $40.0 million); 400,000 shares issued and outstanding at December 31, 2022 (Note 5) (1) [1] 40,000 40,000
Class B preferred units issued to noncontrolling interests (Note 5) [1] 40,000 40,000
Series B Preferred Stock [Member]    
Liabilities    
Series A preferred stock, 400,000 shares issued and outstanding at March 31, 2023 (liquidation preference - $40.0 million); 400,000 shares issued and outstanding at December 31, 2022 (Note 5) (1) 100,025 99,950
Class B preferred units issued to noncontrolling interests (Note 5) 100,025 99,950
Shareholders' Equity    
Series B preferred stock, no par value, 3,254,161 shares issued and outstanding at March 31, 2023 (liquidation preference - $81.4 million); 3,204,640 shares issued and outstanding at December 31, 2022 (1) [1] $ 0 $ 0
[1] Both the Series A preferred stock and the Series B preferred stock have no par value and are part of the same aggregate 10,000,000 shares authorized.