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2. Finance Receivables (Tables)
 9 Months Ended
Sep. 30, 2019
Receivables [Abstract]  
Schedule of financial receivables

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

 

   September 30,   December 31, 
   2019   2018 
   (In thousands) 
Finance receivables        
         
Automobile finance receivables, net of unearned interest  $1,020,044   $1,518,395 
Unearned acquisition fees and originations costs   2,347    3,690 
Finance receivables  $1,022,391   $1,522,085 
Schedule of delinquency status of finance receivables

The following table summarizes the delinquency status of finance receivables as of September 30, 2019 and December 31, 2018:

 

   September 30,   December 31, 
   2019   2018 
   (In thousands) 
Delinquency Status          
Current   $804,537   $1,262,730 
31 - 60 days   124,214    157,688 
61 - 90 days   65,046    66,134 
91 + days   26,247    31,843 
   $1,020,044   $1,518,395 
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-months and nine-month periods ended September 30, 2019 and 2018:

 

   Three Months Ended   Nine Months Ended 
   September 30,   September 30, 
    2019   2018    2019    2018 
    (In thousands)    (In thousands) 
Balance at beginning of period  $32,664  $94,376   $67,376   $109,187 
Provision for credit losses on finance receivables   19,874   31,959    64,319    107,997 
Charge-offs   (46,118)  (54,033)   (149,038)   (163,628)
Recoveries   6,320   10,170    30,083    28,916 
Balance at end of period  $12,740  $82,472   $12,740   $82,472 
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, 
   2019   2018 
   (In thousands) 
Gross balance of repossessions in inventory  $37,481   $33,462 
Allowance for losses on repossessed inventory   (27,851)   (24,564)
Net repossessed inventory included in other assets  $9,630   $8,898