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3. Finance Receivables Measured at Fair Value

3 Months Ended

Mar. 31, 2014

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:

		March 31,				December 31,
		2014				2013
Finance Receivables Measured at Fair Value		(In thousands)
Finance receivables and accrued interest, net of unearned interest		$	9,122			$	14,786
Less: Fair value adjustment			(64	)			(310	)
Finance receivables measured at fair value		$	9,058			$	14,476

The following table summarizes the delinquency status of finance receivables measured at fair value as of March 31, 2014 and December 31, 2013:

		March 31,				December 31,
		2014				2013
		(In thousands)
Delinquency Status
Current		$	8,343			$	13,421
31-60 days			507				878
61-90 days			218				253
91+ days			54				234
		$	9,122			$	14,786

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- Definition

Disclosure of accounting policy for determining the fair value of financial instruments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-URI http://asc.fasb.org/subtopic&trid=2155942

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