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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income $ 10,792 $ 1,739
Adjustments to reconcile net income to net cash provided by operating activities:    
Accretion of deferred acquisition fees and origination costs 339 492
Net interest income accretion on fair value receivables 29,715 18,767
Depreciation and amortization 419 251
Amortization of deferred financing costs 2,097 2,045
Mark to fair value of finance receivables measured at fair value 10,350 0
Provision for credit losses 3,613 23,956
Stock-based compensation expense 487 638
Changes in assets and liabilities:    
Accrued interest receivable 2,850 10,924
Deferred tax assets, net (8,364) 907
Other assets 1,901 (2,458)
Accounts payable and accrued expenses 9,855 1,243
Net cash provided by operating activities 64,054 58,504
Cash flows from investing activities:    
Payments received on finance receivables held for investment 94,535 134,097
Purchases of finance receivables measured at fair value (265,282) (244,753)
Payments received on finance receivables at fair value 109,558 49,500
Change in repossessions held in inventory 382 (893)
Purchase of furniture and equipment (295) (174)
Net cash used in investing activities (61,102) (62,223)
Cash flows from financing activities:    
Proceeds from issuance of securitization trust debt 260,000 254,400
Proceeds from issuance of subordinated renewable notes 1,114 397
Payments on subordinated renewable notes (326) (4,701)
Net advances of warehouse lines of credit 6,837 (19,092)
Repayment of residual interest financing debt (1,658) 0
Repayment of securitization trust debt (266,056) (208,798)
Payment of financing costs (1,674) (2,808)
Purchase of common stock 0 (1,440)
Exercise of options and warrants 48 73
Net cash provided by (used in) financing activities (1,715) 18,031
Increase in cash and cash equivalents 1,237 14,312
Cash and cash equivalents at beginning of period 140,832 130,110
Cash and cash equivalents at end of period 142,069 144,422
Cash paid (received) during the period for:    
Interest 24,739 24,921
Income taxes (410) 0
Non-cash financing activities:    
Right-of-use asset, net 0 (21,869)
Lease liability 0 23,327
Deferred office rent $ 0 $ (1,458)