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

3 Months Ended

Mar. 31, 2023

Notes Tables

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

Assets – As of March 31, 2023 (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		$	—			$	—			$	101,123			$	93,423
Loans, interest and fees receivable, at fair value		$	—			$	—			$	1,795,589			$	1,795,589

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

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

		Loans, Interest and Fees Receivables, at Fair Value
		2023				2022
Balance at January 1,		$	1,817,976			$	1,026,424
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			42,061				(3,372	)
Principal charge-offs, net of recoveries, included in earnings			(130,175	)			(68,797	)
Finance and fees, included in earnings			219,668				194,567
Finance charge-offs, included in earnings			(61,708	)			(32,511	)
Purchases			516,523				537,573
Settlements			(608,756	)			(563,104	)
Balance at March 31,		$	1,795,589			$	1,405,765

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

Fair Value Measurement		Fair Value at March 31, 2023 (in thousands)			Valuation Technique		Unobservable Input		Range (Weighted Average)
Loans, interest and fees receivable, at fair value		$	1,795,589		Discounted cash flows		Gross yield, net of finance charge charge-offs			24.4% to 37.1% (31.9%)
							Payment rate			5.4% to 11.6% (10.3%)
							Expected principal credit loss rate			2.9% to 31.2% (30.9%)
							Servicing rate			3.3% to 6.3% (3.3%)
							Discount rate			9.4% to 10.5% (9.8%)

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% (31.4%)
							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, Liabilities Measured on Recurring Basis [Table Text Block]

Liabilities – As of March 31, 2023		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		$	—			$	—			$	1,591,420			$	1,591,420
Amortizing debt facilities		$	—			$	—			$	23,155			$	23,155
Senior notes, net		$	135,900			$	—			$	—			$	144,743

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

Fair Value Option, Disclosures [Table Text Block]

As of March 31, 2023		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		$	708			$	2,054,970
Aggregate unpaid principal balance included within loans, interest and fees receivable that are reported at fair value		$	686			$	1,858,134
Aggregate fair value of loans, interest and fees receivable that are reported at fair value		$	765			$	1,794,824
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			$	22,802
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		$	6			$	116,890

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

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