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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Operating activities    
Net income $ 101,954 $ 134,612
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion, net 4,043 4,848
Provision for credit losses 2,152 1,252
Deferred income tax expense 37,825 20,975
Income from accretion of merchant fees and discount associated with receivables purchases (146,880) (137,179)
Changes in fair value of loans 689,577 577,069
Amortization of debt issuance costs 7,179 5,101
Stock-based compensation costs 3,783 4,167
Lease liability payments (1,871) (4,053)
Changes in assets and liabilities:    
Increase in uncollected fees on earning assets (247,353) (252,704)
Decrease in income tax liability (12,688) (10,563)
Increase in accounts payable and accrued expenses 18,414 4,260
Other 3,182 (155)
Net cash provided by operating activities 459,317 347,630
Investing activities    
Proceeds from recoveries on charged off receivables 51,578 32,361
Investments in earning assets (2,516,359) (2,546,127)
Proceeds from earning assets 1,796,570 1,836,333
Purchases and development of property (3,992) (4,852)
Net cash used in investing activities (672,203) (682,285)
Financing activities    
Noncontrolling interests contributions 4 114
Proceeds from issuance of Series B preferred stock, net of issuance costs 1,118 437
Preferred stock and preferred unit dividends (24,910) (24,793)
Proceeds from exercise of stock options 3,405 3,731
Purchase and retirement of outstanding stock (17,673) (89,008)
Proceeds from borrowings 955,278 680,527
Repayment of borrowings (753,877) (309,753)
Net cash provided by financing activities 163,345 261,255
Effect of exchange rate changes on cash 2 (36)
Net decrease in cash and cash equivalents and restricted cash (49,539) (73,436)
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 383,653 433,192
Supplemental cash flow information    
Cash paid for interest 99,450 75,357
Net cash income tax payments 1,467 4,248
Accretion of discount associated with issuance of subsidiary equity 300 300
Increase in accrued and unpaid preferred stock and preferred unit dividends $ 4 $ 1