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4. Finance Receivables Measured at Fair Value
12 Months Ended
Dec. 31, 2013
Finance Receivables Measured At Fair Value  
Finance Receivables Measured at Fair Value

In September 2011 we purchased approximately $217.8 million of finance receivables from Fireside Bank. These receivables are recorded on our balance sheet at fair value.

 

The following table presents the components of Finance receivables measured at fair value and includes $120,000 and $703,000 in repossessed inventory at December 31, 2013 and December 31, 2012, respectively:

 

   December 31, 
   2013   2012 
Finance receivables measured at fair value  (In thousands) 
         
Finance receivables and accrued interest, net of unearned interest  $14,786   $60,804 
Less: Fair value adjustment   (310)   (1,136)
Finance receivables measured at fair value  $14,476   $59,668 

 

The following table summarizes the delinquency status of finance receivables measured at fair value as of December 31, 2013 and December 31, 2012:

 

    December 31, 
    2013    2012 
    (In thousands) 
Delinquency Status          
Current  $13,421   $57,556 
31 - 60 days   878    2,206 
61 - 90 days   253    710 
91 + days   234    332 
   $14,786   $60,804