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2. Finance Receivables (Tables)
 9 Months Ended
Sep. 30, 2018
Finance Receivables  
Schedule of financial receivables

The following table presents the components of Finance Receivables, net of unearned interest:

        

    September 30,     December 31,  
    2018     2017  
    (In thousands)  
Finance receivables                
Automobile finance receivables, net of unearned interest   $ 1,693,584     $ 2,298,608  
Unearned acquisition fees and originations costs.     4,257       6,376  
Finance receivables   $ 1,697,841     $ 2,304,984  
Schedule of delinquency status of finance receivables

The following table summarizes the delinquency status of finance receivables as of September 30, 2018 and December 31, 2017:

        

    September 30,     December 31,  
    2018     2017  
    (In thousands)  
Delinquency Status                
Current   $ 1,475,029     $ 2,069,617  
31 - 60 days     132,030       138,395  
61 - 90 days.     58,667       63,081  
91 + days     27,858       27,515  
    $ 1,693,584     $ 2,298,608  
Schedule of allowance for credit losses

The following table presents a summary of the activity for the allowance for finance credit losses for the three-month and nine-month periods ended September 30, 2018 and 2017:

 

    Three Months Ended     Nine Months Ended  
    September 30,     September 30,  
    2018     2017     2018     2017  
    (In thousands)     (In thousands)  
Balance at beginning of period   $ 94,376     $ 107,315     $ 109,187     $ 95,578  
Provision for credit losses on finance receivables     31,959       47,336       107,997       143,053  
Charge-offs     (54,033 )     (53,628 )     (163,628 )     (152,401 )
Recoveries     10,170       7,596       28,916       22,389  
Balance at end of period   $ 82,472     $ 108,619     $ 82,472     $ 108,619  
Schedule of allowance for losses on repossessed inventory

The following table presents a summary of such repossessed inventory together with the allowance for losses in repossessed inventory that is not included in the allowance for finance credit losses:

 

    September 30,     December 31,  
    2018     2017  
    (In thousands)  
Gross balance of repossessions in inventory   $ 32,323     $ 33,679  
Allowance for losses on repossessed inventory     (23,292 )     (24,024 )
Net repossessed inventory included in other assets   $ 9,031     $ 9,655