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CONSUMER LOANS (Tables) | 6 Months Ended
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Jun. 30, 2021
CONSUMER LOANS |
Schedule of consumer loans, net of allowance for loan losses and deferred financing fees | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | As of June 30, |  | As of December 31,
​ | ​ | 2021 | ​ | 2020
Consumer loans receivable | ​ | $ | 119,506 | ​ | $ | 115,639
Loan discount and deferred financing fees, net | ​ |  | (2,667) | ​ |  | (2,814)
Allowance for loan losses | ​ |  | (814) | ​ |  | (905)
Consumer loans receivable, net | ​ | $ | 116,025 | ​ | $ | 111,920
Schedule of allowance for loan losses | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Three months ended June 30, | ​ | Six Months Ended June 30, | ​
​ | ​ | 2021 |  | 2020 | ​ | 2021 |  | 2020 |
Allowance for loan losses, beginning of period | ​ | $ | 927 | ​ | $ | 1,020 | ​ | $ | 905 | ​ | $ | 913 | ​
Provision for loan losses | ​ |  | 23 | ​ |  | 65 | ​ |  | 558 | ​ |  | 280 | ​
Charge offs | ​ |  | (136) | ​ |  | (169) | ​ |  | (649) | ​ |  | (277) | ​
Allowance for loan losses | ​ | $ | 814 | ​ | $ | 916 | ​ | $ | 814 | ​ | $ | 916 | ​
Schedule of impaired and general reserve for allowance for loan losses | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | As of June 30, |  | As of December 31,
​ | ​ | 2021 | ​ | 2020
Total consumer loans | ​ | $ | 119,506 | ​ | $ | 115,639
Allowance for loan losses | ​ |  | 814 | ​ |  | 905
Impaired loans individually evaluated for impairment | ​ |  | 1,368 | ​ |  | 1,603
Specific reserve against impaired loans | ​ |  | 443 | ​ |  | 558
Other loans collectively evaluated for allowance | ​ |  | 118,138 | ​ |  | 114,036
General allowance for loan losses | ​ |  | 371 | ​ |  | 347
Schedule of consumer loans receivable that are past due | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of June 30, |  | ​ |  | As of December 31, |  | ​
​ | ​ | 2021 | ​ | % | ​ | 2020 | ​ | %
Total consumer loans receivable | ​ | $ | 119,506 |  | 100.0 |  | $ | 115,639 |  | 100.0
Past due consumer loans: | ​ |  |  |  |  | ​ |  |  |  |
31 - 60 days past due | ​ | $ | 259 |  | 0.2 | ​ | $ | 954 |  | 0.8
61 - 90 days past due | ​ |  | 157 |  | 0.1 | ​ |  | 221 |  | 0.2
91 - 120 days past due | ​ |  | — |  | — | ​ |  | 141 |  | 0.1
Greater than 120 days past due | ​ |  | 971 |  | 0.8 | ​ |  | 1,261 |  | 1.1
Total past due | ​ | $ | 1,387 |  | 1.2 | ​ | $ | 2,577 |  | 2.2

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