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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating activities    
Net income $ 25,819 $ 25,894
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion, net 1,251 844
Provision for credit losses 2,944 704
Income from accretion of merchant fees and discount associated with receivables purchases (30,475) (34,002)
Changes in fair value of loans 159,171 149,822
Amortization of debt issuance costs 2,171 1,442
Stock-based compensation costs 940 931
Lease liability payments (747) (180)
Changes in assets and liabilities:    
Increase in uncollected fees on earning assets (42,766) (49,211)
Decrease in income tax liability 7,044 8,156
Decrease in accounts payable and accrued expenses (2,417) (1,866)
Other (4,139) (836)
Net cash provided by operating activities 118,796 101,698
Investing activities    
Proceeds from recoveries on charged off receivables 11,854 16,380
Investments in earning assets (559,768) (545,464)
Proceeds from earning assets 480,443 478,419
Purchases and development of property (64) (2,765)
Net cash used in investing activities (67,535) (53,430)
Financing activities    
Noncontrolling interests contributions 3 4
Noncontrolling interests distributions (148) 0
Proceeds from issuance of Series B preferred stock, net of issuance costs 1,071 1,069
Preferred stock and preferred unit dividends (6,259) (6,253)
Proceeds from exercise of stock options 0 19
Purchase and retirement of outstanding stock (543) (1,976)
Proceeds from issuance of Senior notes, net of issuance costs 54,560 0
Proceeds from borrowings 107,356 55,464
Repayment of borrowings (108,651) (95,278)
Net cash provided by (used for) financing activities 47,389 (46,951)
Effect of exchange rate changes on cash and cash equivalents and restricted cash 0 3
Net increase in cash and cash equivalents and restricted cash 98,650 1,320
Cash and cash equivalents and restricted cash at beginning of period 383,653 433,192
Cash and cash equivalents and restricted cash at end of period 482,303 434,512
Supplemental cash flow information    
Cash paid for interest 33,262 23,103
Net cash income tax (refunds) payments (42) 32
Accretion of discount associated with issuance of subsidiary equity 75 75
Decrease in accrued and unpaid preferred stock and preferred unit dividends $ (42) $ (85)