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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities:    
Net income $ 21,506 $ 14,483
Accretion of deferred acquisition fees (12,793) (15,543)
Accretion of purchase discount on receivables measured at fair value (353) (1,247)
Amortization of discount on securitization trust debt 106 53
Amortization of discount on senior secured debt, related party 623 1,681
Accretion of premium on debt secured by receivables measured at fair value 631 2,079
Mark to fair value on debt secured by receivables at fair value 339 (933)
Mark to fair value of receivables measured at fair value (43) 595
Depreciation and amortization 339 345
Amortization of deferred financing costs 5,054 2,874
Provision for credit losses 76,795 52,739
Provision for contingent liabilities 0 9,650
Stock-based compensation expense 2,578 2,939
Interest income on residual assets (320) 0
Gain on cancellation of debt 0 (10,947)
Changes in assets and liabilities:    
Accrued interest receivable (2,930) (4,735)
Deferred tax assets, net 12,628 9,474
Other assets (1,220) 680
Accounts payable and accrued expenses (1,966) 6,965
Net cash provided by operating activities 100,974 71,152
Cash flows from investing activities:    
Purchases of finance receivables held for investment (680,569) (592,327)
Payments received on finance receivables held for investment 324,195 253,062
Payments on receivables portfolio at fair value 11,670 39,103
Proceeds received on residual interest in securitizations 1,039 3,398
Change in repossessions in inventory (2,092) (3,020)
Decreases (increases) in restricted cash and cash equivalents, net (42,350) (25,005)
Purchase of furniture and equipment (639) (226)
Net cash used in investing activities (388,746) (325,015)
Cash flows from financing activities:    
Proceeds from issuance of securitization trust debt 655,500 595,000
Proceeds from issuance of subordinated renewable notes 406 1,380
Payments on subordinated renewable notes (4,055) (4,021)
Net proceeds from (repayments of) warehouse lines of credit 49,990 5,228
Proceeds from (repayments of) residual interest financing debt (6,329) 6,227
Repayment of securitization trust debt (363,495) (282,044)
Repayment of debt secured by receivables measured at fair value (10,917) (41,365)
Repayment of senior secured debt, related party (39,182) (12,852)
Payment of financing costs (5,937) (4,898)
Repurchase of common stock 0 0
Exercise of options and warrants 2,815 2,370
Net cash provided by financing activities 278,796 265,025
Increase (decrease) in cash and cash equivalents (8,976) 11,162
Cash and cash equivalents at beginning of period 22,112 12,966
Cash and cash equivalents at end of period 13,136 24,128
Cash paid during the period for:    
Interest 32,864 41,936
Income taxes 6,259 2,058
Non-cash financing activities:    
Derivative warrants reclassified from accounts payable to common stock $ 0 $ 583