XML 88 R2.htm IDEA: XBRL DOCUMENT v3.20.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
ASSETS    
Cash and cash equivalents $ 5,295 $ 12,787
Restricted cash and equivalents 135,537 117,323
Finance receivables 897,530 1,522,085
Less: Allowance for finance credit losses (11,640) (67,376)
Finance receivables, net 885,890 1,454,709
Finance receivables measured at fair value 1,444,038 821,066
Furniture and equipment, net 1,512 1,837
Deferred tax assets, net 15,480 19,188
Accrued interest receivable 11,645 31,969
Other assets 39,852 26,801
Total 2,539,249 2,485,680
Liabilities    
Accounts payable and accrued expenses 47,077 31,692
Warehouse lines of credit 134,791 136,847
Residual interest financing 39,478 39,106
Securitization trust debt 2,097,728 2,063,627
Subordinated renewable notes 17,534 17,290
Total 2,336,608 2,288,562
COMMITMENTS AND CONTINGENCIES 0 0
Shareholders' Equity    
Common stock, no par value; authorized 75,000,000 shares; 22,530,918 and 22,421,688 shares issued and outstanding at December 31, 2019 and December 31, 2018, respectively 71,257 70,273
Retained earnings 139,805 134,399
Accumulated other comprehensive loss (8,421) (7,554)
Total stockholders' equity 202,641 197,118
Total liabilities and stockholders' equity 2,539,249 2,485,680
Series A Preferred Stock [Member]    
Shareholders' Equity    
Preferred stock 0 0
Series B Preferred Stock [Member]    
Shareholders' Equity    
Preferred stock $ 0 $ 0