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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net income $ 14,486 $ 16,870
Adjustments to reconcile net income to net cash provided by operating activities:    
Accretion of deferred acquisition fees (2,114) (5,318)
Amortization of discount on securitization trust debt 20 41
Depreciation and amortization 367 301
Amortization of deferred financing costs 4,129 3,437
Provision for credit losses 88,619 69,122
Stock-based compensation expense 2,595 2,176
Interest income on residual assets 0 (65)
Changes in assets and liabilities:    
Accrued interest receivable (2,051) (4,707)
Deferred tax assets, net (2,753) 630
Other assets 1,032 5,697
Accounts payable and accrued expenses 9,000 707
Net cash provided by operating activities 113,330 88,891
Cash flows from investing activities:    
Purchases of finance receivables held for investment (631,412) (503,791)
Payments received on finance receivables held for investment 326,176 264,226
Payments received on receivables portfolio at fair value 48 1,348
Change in repossessions held in inventory 2,192 1,391
Increases in restricted cash and cash equivalents, net (9,214) (24,740)
Purchase of furniture and equipment (444) (832)
Net cash used in investing activities (312,654) (262,398)
Cash flows from financing activities:    
Proceeds from issuance of securitization trust debt 662,150 495,000
Proceeds from issuance of subordinated renewable notes 904 431
Payments on subordinated renewable notes (785) (682)
Net repayments of warehouse lines of credit (29,853) 4,932
Repayments of residual interest financing debt (1,587) (1,053)
Repayment of securitization trust debt (424,155) (317,963)
Repayment of debt secured by receivables measured at fair value 0 (1,250)
Payment of financing costs (4,645) (4,968)
Purchase of common stock (6,323) (1,773)
Exercise of options and warrants 48 1,410
Net cash provided by financing activities 195,754 174,084
Increase (decrease) in cash and cash equivalents (3,570) 577
Cash and cash equivalents at beginning of period 19,322 17,859
Cash and cash equivalents at end of period 15,752 18,436
Cash paid during the period for:    
Interest 32,746 22,941
Income taxes $ 3,784 $ 8,455