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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Net income $ 21,835 $ 25,713
Adjustments to reconcile net income to net cash provided by operating activities:    
Accretion of deferred acquisition fees and origination costs (2,686) (7,345)
Amortization of discount on securitization trust debt 20 53
Depreciation and amortization 568 471
Amortization of deferred financing costs 6,214 5,149
Provision for credit losses 134,881 106,533
Stock-based compensation expense 4,004 3,609
Interest income on residual assets 0 (85)
Changes in assets and liabilities:    
Accrued interest receivable (1,531) (8,435)
Deferred tax assets, net (5,600) (1,326)
Other assets (2,627) 6,501
Accounts payable and accrued expenses 4,054 7,199
Net cash provided by operating activities 159,132 138,037
Cash flows from investing activities:    
Purchases of finance receivables held for investment (873,499) (791,335)
Payments received on finance receivables held for investment 490,486 403,246
Payments received on receivables portfolio at fair value 54 1,529
Change in repossessions held in inventory 3,136 289
Increases in restricted cash and cash equivalents, net (10,349) (31,244)
Purchase of furniture and equipment (771) (1,029)
Net cash used in investing activities (390,943) (418,544)
Cash flows from financing activities:    
Proceeds from issuance of securitization trust debt 980,650 795,000
Proceeds from issuance of subordinated renewable notes 1,303 1,153
Payments on subordinated renewable notes (2,088) (1,194)
Net repayments of warehouse lines of credit (112,725) (9,905)
Repayments of residual interest financing debt (2,186) (1,755)
Repayment of securitization trust debt (625,499) (489,971)
Repayment of debt secured by receivables measured at fair value 0 (1,250)
Payment of financing costs (7,645) (7,199)
Purchase of common stock (8,013) (2,846)
Exercise of options and warrants 186 1,530
Net cash provided by financing activities 223,983 283,563
Increase (decrease) in cash and cash equivalents (7,828) 3,056
Cash and cash equivalents at beginning of period 19,322 17,859
Cash and cash equivalents at end of period 11,494 20,915
Cash paid during the period for:    
Interest 36,372 33,915
Income taxes $ 16,900 $ 13,690