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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating activities    
Net income $ 25,894 $ 44,755
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion, net 844 1,916
Provision for losses on loans, interest and fees receivable 704 147
Income from accretion of merchant fees and discount associated with receivables purchases (34,002) (27,189)
Changes in fair value of loans, interest and fees receivable recorded at fair value 149,822 104,680
Amortization of deferred loan costs 1,442 1,136
Stock-based compensation costs 931 1,111
Lease liability payments (180) (2,635)
Changes in assets and liabilities:    
Increase in uncollected fees on earning assets (49,211) (45,363)
Increase (decrease) in income tax liability 8,156 (7,177)
(Decrease) increase in accounts payable and accrued expenses (1,866) 9,499
Other (836) (131)
Net cash provided by operating activities 101,698 80,749
Investing activities    
Proceeds from recoveries on charged off receivables 16,380 5,460
Investments in earning assets (545,464) (563,313)
Proceeds from earning assets 478,419 455,298
Purchases and development of property, net of disposals (2,765) (76)
Net cash used in investing activities (53,430) (102,631)
Financing activities    
Noncontrolling interests contributions 4 4
Proceeds from issuance of Series B preferred stock, net of issuance costs 1,069 0
Preferred dividends (6,253) (6,016)
Proceeds from exercise of stock options 19 2,788
Purchase and retirement of outstanding common and preferred stock (1,976) (65,214)
Proceeds from borrowings 55,464 41,247
Repayment of borrowings (95,278) (52,068)
Net cash used in financing activities (46,951) (79,259)
Effect of exchange rate changes on cash and cash equivalents and restricted cash 3 (10)
Net increase (decrease) in cash and cash equivalents and restricted cash 1,320 (101,151)
Cash and cash equivalents and restricted cash at beginning of period 433,192 506,628
Cash and cash equivalents and restricted cash at end of period 434,512 405,477
Supplemental cash flow information    
Cash paid for interest 23,103 16,199
Net cash income tax payments 32 56
(Decrease) increase in accrued and unpaid preferred dividends $ (85) $ 115