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

12 Months Ended

Dec. 31, 2023

Notes Tables

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

Assets – As of December 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 at amortized cost for which it is practicable to estimate fair value and which are carried at net amortized cost		$	—			$	—			$	105,409			$	98,425
Loans at fair value		$	—			$	—			$	2,173,759			$	2,173,759

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 at amortized cost for which it is practicable to estimate fair value and which are carried at net amortized cost		$	—			$	—			$	94,968			$	87,434
Loans at fair value		$	—			$	—			$	1,817,976			$	1,817,976

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

		Loans 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
Changes in fair value of loans at fair value, included in earnings			71,024				(32,574	)
Changes in fair value due to principal charge-offs, net of recoveries			(538,146	)			(367,213	)
Changes in fair value due to finance and fee charge-offs			(222,455	)			(177,282	)
Purchases			2,427,095				2,466,676
Finance and fees, added to the account balance			970,006				874,749
Settlements			(2,351,741	)			(2,287,789	)
Balance at December 31,		$	2,173,759			$	1,817,976

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

Fair Value Measurement		Fair Value at December 31, 2023 (in thousands)			Valuation Technique		Unobservable Input		Range (Weighted Average)(1)
Loans at fair value		$	2,173,759		Discounted cash flows		Gross yield, net of finance charge charge-offs			28.3% to 38.4% (34.5%)
							Payment rate			9.5% to 9.6% (9.5%)
							Expected principal credit loss rate			30.8% to 35.6% (32.7%)
							Servicing rate			3.0% to 3.4% (3.2%)
							Discount rate			7.1% to 13.1% (10.0%)

Fair Value Measurement		Fair Value at December 31, 2022 (in thousands)			Valuation Technique		Unobservable Input		Range (Weighted Average)(1)
Loans 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			5.6% to 15.0% (10.1%)

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

Liabilities – As of December 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		$	—			$	—			$	1,838,647			$	1,838,647
Amortizing debt facilities		$	—			$	—			$	23,038			$	23,038
Senior notes, net		$	138,229			$	—			$	—			$	144,453

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 December 31, 2023		Loans at Fair Value				Loans at Fair Value Pledged as Collateral under Structured Financings
Aggregate unpaid gross balance of loans at fair value		$	507			$	2,410,748
Aggregate unpaid principal balance included within loans at fair value		$	491			$	2,176,845
Aggregate fair value of loans at fair value		$	508			$	2,173,251
Aggregate fair value of loans at fair value that are 90 days or more past due (which also coincides with finance charge and fee non-accrual policies)		$	—			$	29,149
Unpaid principal balance of loans 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		$	9			$	147,803

As of December 31, 2022		Loans at Fair Value				Loans at Fair Value Pledged as Collateral under Structured Financings
Aggregate unpaid gross balance of loans at fair value		$	786			$	2,119,340
Aggregate unpaid principal balance included within loans at fair value		$	760			$	1,910,090
Aggregate fair value of loans at fair value		$	765			$	1,817,211
Aggregate fair value of loans 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 loans 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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