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Contract Assets (Tables) | 12 Months Ended
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Dec. 31, 2023
Revenue from Contract with Customer [Abstract] |
Summary of Contract Assets | Contract assets balances for the periods indicated below were as follows:
|  | Contract Assets
|  | Profit Share |  | TPA Fee |  | Program Fee |  | Total
|  | (in thousands)
Ending balance as of December 31, 2021 |  | $ | 105,486 |  |  | $ | 1,316 |  |  | $ | 6,154 |  |  | $ | 112,956 |
Increase of contract asset due to new business generation |  | 95,733 |  |  | 8,924 |  |  | 80,812 |  |  | 185,469 |
Adjustment of contract asset due to estimation of revenue from performance obligations satisfied in previous periods |  | (5,677) |  |  | — |  |  | — |  |  | (5,677) |
Receivables transferred from contract assets upon billing the lending institutions |  | — |  |  | — |  |  | (79,039) |  |  | (79,039) |
Payments received from insurance carriers |  | (129,740) |  |  | (8,632) |  |  | — |  |  | (138,372) |
Provision for expected credit losses |  | 87 |  |  | 1 |  |  | 5 |  |  | 93 |
Ending balance as of December 31, 2022 |  | 65,889 |  |  | 1,609 |  |  | 7,932 |  |  | 75,430 |
Increase of contract assets due to new business generation |  | 66,113 |  |  | 10,055 |  |  | 64,245 |  |  | 140,413 |
Adjustment of contract assets due to estimation of revenue from performance obligations satisfied in previous periods |  | (22,812) |  |  | — |  |  | — |  |  | (22,812) |
Receivables transferred from contract assets upon billing the lending institutions |  | — |  |  | — |  |  | (67,440) |  |  | (67,440) |
Payments received from insurance carriers |  | (86,383) |  |  | (9,942) |  |  | — |  |  | (96,325) |
Provision for expected credit losses |  | 48 |  |  | (1) |  |  | 1 |  |  | 48 |
Ending balance as of December 31, 2023 |  | $ | 22,855 |  |  | $ | 1,721 |  |  | $ | 4,738 |  |  | $ | 29,314 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-10 + Details
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- References No definition available. + Details
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