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Finance Receivables, Allowance for Credit losses and Credit Quality Information (Tables) | 6 Months Ended
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Jun. 30, 2013
Receivables [Abstract] |
Summary of Finance Receivables | Finance receivables consisted of the following:
|  | June 30, 2013 |  |  | December 31, 2012 |
Small installment loans |  | $ | 206,650 |  |  | $ | 188,221 |
Large installment loans |  |  | 44,369 |  |  |  | 52,498 |
Automobile purchase loans |  |  | 178,865 |  |  |  | 166,889 |
Retail purchase loans |  |  | 30,558 |  |  |  | 29,951 |
Finance receivables |  | $ | 460,442 |  |  | $ | 437,559 |
Summary of Changes in Allowance for Credit Losses | Changes in the allowance for credit losses for the periods indicated:
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2013 |  |  | 2012 |  |  | 2013 |  |  | 2012 |
Balance at beginning of period |  | $ | 24,630 |  |  | $ | 19,860 |  |  | $ | 23,616 |  |  | $ | 19,300 |
Provision for credit losses |  |  | 8,405 |  |  |  | 5,908 |  |  |  | 16,476 |  |  |  | 11,535 |
Finance receivables charged off |  |  | (7,676 | ) |  |  | (5,210 | ) |  |  | (15,032 | ) |  |  | (10,452 | )
Recoveries |  |  | 260 |  |  |  | 222 |  |  |  | 559 |  |  |  | 397 |
Balance at end of period |  | $ | 25,619 |  |  | $ | 20,780 |  |  | $ | 25,619 |  |  | $ | 20,780 |
Reconciliation of Allowance for Loan Losses | The following is a reconciliation of the allowance for credit losses by product for the three months ended June 30, 2013 and 2012:
|  | Balance April 1, 2013 |  |  | Provision |  |  | Charge-Offs |  |  | Recoveries |  |  | Balance June 30, 2013 |  |  | Finance Receivables June 30, 2013 |  |  | Allowance as Percentage of Finance Receivables June 30, 2013 |
Small installment |  | $ | 10,966 |  |  | $ | 5,791 |  |  | $ | (4,573 | ) |  | $ | 115 |  |  | $ | 12,299 |  |  | $ | 206,650 |  |  |  | 6.0 | %
Large installment |  |  | 3,151 |  |  |  | 21 |  |  |  | (638 | ) |  |  | 97 |  |  |  | 2,631 |  |  |  | 44,369 |  |  |  | 5.9 | %
Automobile purchase |  |  | 9,214 |  |  |  | 1,837 |  |  |  | (1,921 | ) |  |  | 44 |  |  |  | 9,174 |  |  |  | 178,865 |  |  |  | 5.1 | %
Retail purchase |  |  | 1,299 |  |  |  | 756 |  |  |  | (544 | ) |  |  | 4 |  |  |  | 1,515 |  |  |  | 30,558 |  |  |  | 5.0 | %
Total |  | $ | 24,630 |  |  | $ | 8,405 |  |  | $ | (7,676 | ) |  | $ | 260 |  |  | $ | 25,619 |  |  | $ | 460,442 |  |  |  | 5.6 | %
|  | Balance April 1, 2012 |  |  | Provision |  |  | Charge-Offs |  |  | Recoveries |  |  | Balance June 30, 2012 |  |  | Finance Receivables June 30, 2012 |  |  | Allowance as Percentage of Finance Receivables June 30, 2012 |
Small installment |  | $ | 8,147 |  |  | $ | 4,296 |  |  | $ | (2,983 | ) |  | $ | 91 |  |  | $ | 9,551 |  |  | $ | 120,675 |  |  |  | 7.9 | %
Large installment |  |  | 3,490 |  |  |  | 519 |  |  |  | (812 | ) |  |  | 96 |  |  |  | 3,293 |  |  |  | 53,604 |  |  |  | 6.1 | %
Automobile purchase |  |  | 7,756 |  |  |  | 985 |  |  |  | (1,325 | ) |  |  | 35 |  |  |  | 7,451 |  |  |  | 150,292 |  |  |  | 5.0 | %
Retail purchase |  |  | 467 |  |  |  | 108 |  |  |  | (90 | ) |  |  | — |  |  |  | 485 |  |  |  | 20,840 |  |  |  | 2.3 | %
Total |  | $ | 19,860 |  |  | $ | 5,908 |  |  | $ | (5,210 | ) |  | $ | 222 |  |  | $ | 20,780 |  |  | $ | 345,411 |  |  |  | 6.0 | %
The following is a reconciliation of the allowance for credit losses by product for the six months ended June 30, 2013 and 2012:
|  | Balance January 1, 2013 |  |  | Provision |  |  | Charge-Offs |  |  | Recoveries |  |  | Balance June 30, 2013 |  |  | Finance Receivables June 30, 2013 |  |  | Allowance as Percentage of Finance Receivables June 30, 2013 |
Small installment |  | $ | 11,369 |  |  | $ | 9,362 |  |  | $ | (8,675 | ) |  | $ | 243 |  |  | $ | 12,299 |  |  | $ | 206,650 |  |  |  | 6.0 | %
Large installment |  |  | 2,753 |  |  |  | 1,115 |  |  |  | (1,423 | ) |  |  | 186 |  |  |  | 2,631 |  |  |  | 44,369 |  |  |  | 5.9 | %
Automobile purchase |  |  | 8,424 |  |  |  | 4,598 |  |  |  | (3,959 | ) |  |  | 111 |  |  |  | 9,174 |  |  |  | 178,865 |  |  |  | 5.1 | %
Retail purchase |  |  | 1,070 |  |  |  | 1,401 |  |  |  | (975 | ) |  |  | 19 |  |  |  | 1,515 |  |  |  | 30,558 |  |  |  | 5.0 | %
Total |  | $ | 23,616 |  |  | $ | 16,476 |  |  | $ | (15,032 | ) |  | $ | 559 |  |  | $ | 25,619 |  |  | $ | 460,442 |  |  |  | 5.6 | %
|  | Balance January 1, 2012 |  |  | Provision |  |  | Charge-Offs |  |  | Recoveries |  |  | Balance June 30, 2012 |  |  | Finance Receivables June 30, 2012 |  |  | Allowance as Percentage of Finance Receivables June 30, 2012 |
Small installment |  | $ | 8,838 |  |  | $ | 6,746 |  |  | $ | (6,246 | ) |  | $ | 213 |  |  | $ | 9,551 |  |  | $ | 120,675 |  |  |  | 7.9 | %
Large installment |  |  | 2,448 |  |  |  | 2,009 |  |  |  | (1,285 | ) |  |  | 121 |  |  |  | 3,293 |  |  |  | 53,604 |  |  |  | 6.1 | %
Automobile purchase |  |  | 7,618 |  |  |  | 2,532 |  |  |  | (2,761 | ) |  |  | 62 |  |  |  | 7,451 |  |  |  | 150,292 |  |  |  | 5.0 | %
Retail purchase |  |  | 396 |  |  |  | 248 |  |  |  | (160 | ) |  |  | 1 |  |  |  | 485 |  |  |  | 20,840 |  |  |  | 2.3 | %
Total |  | $ | 19,300 |  |  | $ | 11,535 |  |  | $ | (10,452 | ) |  | $ | 397 |  |  | $ | 20,780 |  |  | $ | 345,411 |  |  |  | 6.0 | %
Finance Receivables Associated with Customers in Bankruptcy | Following is a summary of the finance receivables associated with customers in bankruptcy as of the periods indicated:
|  | Finance Receivables in Bankruptcy as of |
|  | June 30, 2013 |  |  | December 31, 2012 |
Small installment |  | $ | 690 |  |  | $ | 420 |
Large installment |  |  | 1,601 |  |  |  | 1,696 |
Automobile purchase |  |  | 3,199 |  |  |  | 3,071 |
Retail purchase |  |  | 94 |  |  |  | 71 |
Total |  | $ | 5,584 |  |  | $ | 5,258 |
Assessment of Credit Quality of Finance Receivables | The following is an assessment of the credit quality of finance receivables at June 30, 2013 and December 31, 2012. The contractual delinquency of the finance receivable portfolio by component at June 30, 2013 and December 31, 2012 was:
|  | June 30, 2013 |
|  | Small Installment |  |  | Large Installment |  |  | Automobile Purchase |  |  | Retail Purchase |  |  | Total |
|  | $ |  |  | % |  |  | $ |  |  | % |  |  | $ |  |  | % |  |  | $ |  |  | % |  |  | $ |  |  | % |
Current |  | $ | 165,076 |  |  |  | 79.9 | % |  | $ | 32,321 |  |  |  | 72.9 | % |  | $ | 125,085 |  |  |  | 69.9 | % |  | $ | 24,249 |  |  |  | 79.4 | % |  | $ | 346,731 |  |  |  | 75.3 | %
1 to 29 days delinquent |  |  | 28,095 |  |  |  | 13.6 | % |  |  | 8,526 |  |  |  | 19.2 | % |  |  | 43,781 |  |  |  | 24.5 | % |  |  | 4,478 |  |  |  | 14.6 | % |  |  | 84,880 |  |  |  | 18.4 | %
Delinquent accounts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
30 to 59 days |  |  | 4,914 |  |  |  | 2.4 | % |  |  | 1,405 |  |  |  | 3.2 | % |  |  | 5,502 |  |  |  | 3.1 | % |  |  | 692 |  |  |  | 2.3 | % |  |  | 12,513 |  |  |  | 2.7 | %
60 to 89 days |  |  | 2,694 |  |  |  | 1.3 | % |  |  | 645 |  |  |  | 1.4 | % |  |  | 2,017 |  |  |  | 1.1 | % |  |  | 427 |  |  |  | 1.4 | % |  |  | 5,783 |  |  |  | 1.3 | %
90 days and over |  |  | 5,871 |  |  |  | 2.8 | % |  |  | 1,472 |  |  |  | 3.3 | % |  |  | 2,480 |  |  |  | 1.4 | % |  |  | 712 |  |  |  | 2.3 | % |  |  | 10,535 |  |  |  | 2.3 | %
Total delinquency |  | $ | 13,479 |  |  |  | 6.5 | % |  | $ | 3,522 |  |  |  | 7.9 | % |  | $ | 9,999 |  |  |  | 5.6 | % |  | $ | 1,831 |  |  |  | 6.0 | % |  | $ | 28,831 |  |  |  | 6.3 | %
Total finance receivables |  | $ | 206,650 |  |  |  | 100.0 | % |  | $ | 44,369 |  |  |  | 100.0 | % |  | $ | 178,865 |  |  |  | 100.0 | % |  | $ | 30,558 |  |  |  | 100.0 | % |  | $ | 460,442 |  |  |  | 100.0 | %
Finance receivables in nonaccrual status |  | $ | 5,871 |  |  |  | 2.8 | % |  | $ | 1,472 |  |  |  | 3.3 | % |  | $ | 2,480 |  |  |  | 1.4 | % |  | $ | 712 |  |  |  | 2.3 | % |  | $ | 10,535 |  |  |  | 2.3 | %
|  | December 31, 2012 |
|  | Small Installment |  |  | Large Installment |  |  | Automobile Purchase |  |  | Retail Purchase |  |  | Total |
|  | $ |  |  | % |  |  | $ |  |  | % |  |  | $ |  |  | % |  |  | $ |  |  | % |  |  | $ |  |  | % |
Current |  | $ | 149,232 |  |  |  | 79.3 | % |  | $ | 38,191 |  |  |  | 72.7 | % |  | $ | 116,513 |  |  |  | 69.9 | % |  | $ | 23,864 |  |  |  | 79.7 | % |  | $ | 327,800 |  |  |  | 74.9 | %
1 to 29 days delinquent |  |  | 25,285 |  |  |  | 13.4 | % |  |  | 10,122 |  |  |  | 19.3 | % |  |  | 40,456 |  |  |  | 24.2 | % |  |  | 4,361 |  |  |  | 14.6 | % |  |  | 80,224 |  |  |  | 18.3 | %
Delinquent accounts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
30 to 59 days |  |  | 4,514 |  |  |  | 2.4 | % |  |  | 1,718 |  |  |  | 3.3 | % |  |  | 5,403 |  |  |  | 3.2 | % |  |  | 751 |  |  |  | 2.5 | % |  |  | 12,386 |  |  |  | 2.9 | %
60 to 89 days |  |  | 2,996 |  |  |  | 1.6 | % |  |  | 785 |  |  |  | 1.5 | % |  |  | 1,935 |  |  |  | 1.2 | % |  |  | 333 |  |  |  | 1.1 | % |  |  | 6,049 |  |  |  | 1.4 | %
90 days and over |  |  | 6,194 |  |  |  | 3.3 | % |  |  | 1,682 |  |  |  | 3.2 | % |  |  | 2,582 |  |  |  | 1.5 | % |  |  | 642 |  |  |  | 2.1 | % |  |  | 11,100 |  |  |  | 2.5 | %
Total delinquency |  | $ | 13,704 |  |  |  | 7.3 | % |  | $ | 4,185 |  |  |  | 8.0 | % |  | $ | 9,920 |  |  |  | 5.9 | % |  | $ | 1,726 |  |  |  | 5.7 | % |  | $ | 29,535 |  |  |  | 6.8 | %
Total finance receivables |  | $ | 188,221 |  |  |  | 100.0 | % |  | $ | 52,498 |  |  |  | 100.0 | % |  | $ | 166,889 |  |  |  | 100.0 | % |  | $ | 29,951 |  |  |  | 100.0 | % |  | $ | 437,559 |  |  |  | 100.0 | %
Finance receivables in nonaccrual status |  | $ | 6,194 |  |  |  | 3.3 | % |  | $ | 1,682 |  |  |  | 3.2 | % |  | $ | 2,582 |  |  |  | 1.5 | % |  | $ | 642 |  |  |  | 2.1 | % |  | $ | 11,100 |  |  |  | 2.5 | %
Summary of Finance Receivables Evaluated for Impairment | Following is a summary of finance receivables evaluated for impairment at June 30, 2013 and December 31, 2012:
|  | June 30, 2013 |
|  | Small Installment |  |  | Large Installment |  |  | Automobile Purchase |  |  | Retail Purchase |  |  | Total |
Accounts 180 or more days past due, excluding accounts of customers in bankruptcy |  | $ | 1,321 |  |  | $ | 299 |  |  | $ | 468 |  |  | $ | 131 |  |  | $ | 2,219 |
Customers in Chapter 13 bankruptcy |  |  | 690 |  |  |  | 1,601 |  |  |  | 3,199 |  |  |  | 94 |  |  |  | 5,584 |
Total impaired accounts specifically evaluated |  | $ | 2,011 |  |  | $ | 1,900 |  |  | $ | 3,667 |  |  | $ | 225 |  |  | $ | 7,803 |
Finance receivables evaluated collectively |  |  | 204,639 |  |  |  | 42,469 |  |  |  | 175,198 |  |  |  | 30,333 |  |  |  | 452,639 |
Finance receivables outstanding |  | $ | 206,650 |  |  | $ | 44,369 |  |  | $ | 178,865 |  |  | $ | 30,558 |  |  | $ | 460,442 |
Accounts in bankruptcy in nonaccrual status |  | $ | 183 |  |  | $ | 400 |  |  | $ | 589 |  |  | $ | 33 |  |  | $ | 1,205 |
Amount of the specific reserve for impaired accounts |  | $ | 1,543 |  |  | $ | 853 |  |  | $ | 1,568 |  |  | $ | 159 |  |  | $ | 4,123 |
Average impaired accounts |  | $ | 1,761 |  |  | $ | 1,959 |  |  | $ | 3,604 |  |  | $ | 235 |  |  | $ | 7,559 |
Amount of the general component of the reserve |  | $ | 10,756 |  |  | $ | 1,778 |  |  | $ | 7,606 |  |  | $ | 1,356 |  |  | $ | 21,496 |
|  | December 31, 2012 |
|  | Small Installment |  |  | Large Installment |  |  | Automobile Purchase |  |  | Retail Purchase |  |  | Total |
Accounts 180 or more days past due, excluding accounts of customers in bankruptcy |  | $ | 725 |  |  | $ | 251 |  |  | $ | 357 |  |  | $ | 83 |  |  | $ | 1,416 |
Customers in Chapter 13 bankruptcy |  |  | 420 |  |  |  | 1,696 |  |  |  | 3,071 |  |  |  | 71 |  |  |  | 5,258 |
Total impaired accounts specifically evaluated |  | $ | 1,145 |  |  | $ | 1,947 |  |  | $ | 3,428 |  |  | $ | 154 |  |  | $ | 6,674 |
Finance receivables evaluated collectively |  |  | 187,076 |  |  |  | 50,551 |  |  |  | 163,461 |  |  |  | 29,797 |  |  |  | 430,885 |
Finance receivables outstanding |  | $ | 188,221 |  |  | $ | 52,498 |  |  | $ | 166,889 |  |  | $ | 29,951 |  |  | $ | 437,559 |
Accounts in bankruptcy in nonaccrual status |  | $ | 97 |  |  | $ | 463 |  |  | $ | 858 |  |  | $ | 33 |  |  | $ | 1,451 |
Amount of the specific reserve for impaired accounts |  | $ | 854 |  |  | $ | 802 |  |  | $ | 1,405 |  |  | $ | 109 |  |  | $ | 3,170 |
Average impaired accounts |  | $ | 1,192 |  |  | $ | 1,775 |  |  | $ | 2,909 |  |  | $ | 108 |  |  | $ | 5,984 |
Amount of the general component of the reserve |  | $ | 10,515 |  |  | $ | 1,951 |  |  | $ | 7,019 |  |  | $ | 961 |  |  | $ | 20,446 |

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- Definition Summary of finance receivables evaluated for impairment. + References No definition available. + Details
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- Definition Tabular disclosure of financing receivables (examples of financing receivables include loans, trade accounts receivable and notes receivable) and activity in the allowance for credit losses account. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -URI http://asc.fasb.org/extlink&oid=28368275&loc=SL6953423-111524 + Details
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- Definition Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=28368275&loc=SL6953659-111524 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 55 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=32702940&loc=SL6953803-111525 + Details
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- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 3, 4 -Article 5 + Details
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