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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Operating activities    
Net income $ 50,708 $ 78,552
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion, net 1,696 3,400
Provision for losses on loans, interest and fees receivable 1,013 329
Income from accretion of merchant fees and discount associated with receivables purchases (82,680) (69,417)
Changes in fair value of loans, interest and fees receivable recorded at fair value 327,651 251,239
Amortization of deferred loan costs 2,904 2,345
Stock-based compensation costs 1,962 2,297
Lease liability payments (361) (3,635)
Changes in assets and liabilities:    
Increase in uncollected fees on earning assets (113,268) (113,786)
Increase (decrease) in income tax liability 14,951 (2,583)
Increase in accounts payable and accrued expenses 3,950 6,117
Other 1,261 (2,252)
Net cash provided by operating activities 209,787 152,606
Investing activities    
Proceeds from recoveries on charged off receivables 30,101 12,847
Investments in earning assets (1,192,213) (1,293,526)
Proceeds from earning assets 924,499 927,169
Purchases and development of property, net of disposals (3,798) (601)
Net cash used in investing activities (241,411) (354,111)
Financing activities    
Noncontrolling interests contributions 4 4
Proceeds from issuance of Series B preferred stock, net of issuance costs 1,112 0
Preferred dividends (12,429) (12,365)
Proceeds from exercise of stock options 59 2,821
Purchase and retirement of outstanding common and preferred stock (4,964) (78,075)
Proceeds from borrowings 252,212 249,762
Repayment of borrowings (243,159) (100,914)
Net cash (used in) provided by financing activities (7,165) 61,233
Effect of exchange rate changes on cash and cash equivalents and restricted cash 4 (36)
Net decrease in cash and cash equivalents and restricted cash (38,785) (140,308)
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 394,407 366,320
Supplemental cash flow information    
Cash paid for interest 45,501 33,162
Net cash income tax payments 436 4,205
Decrease in accrued and unpaid preferred dividends $ (47) $ (52)