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(2) Finance Receivables (Tables) | 3 Months Ended
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Mar. 31, 2021
Finance Receivables |
Schedule of finance receivables |
Schedule of finance receivables |  | March 31, |  |  | December 31, |
|  | 2021 |  |  | 2020 |
Finance receivables |  | (In thousands) |
Automobile finance receivables, net of unearned interest |  | $ | 410,623 |  |  | $ | 491,307 |
Unearned acquisition fees and originations costs |  |  | 486 |  |  |  | 826 |
Finance receivables |  | $ | 411,109 |  |  | $ | 492,133 |
Schedule of delinquency status of finance receivables |
Schedule of delinquency status of finance receivables |  | March 31, |  |  | December 31, |
|  | 2021 |  |  | 2020 |
|  | (In thousands) |
Delinquency Status |  |  |  |  |  |  |  |
Current |  | $ | 360,369 |  |  | $ | 406,693 |
31 - 60 days |  |  | 35,533 |  |  |  | 56,572 |
61 - 90 days |  |  | 11,683 |  |  |  | 22,660 |
91 + days |  |  | 3,038 |  |  |  | 5,382 |
|  | $ | 410,623 |  |  | $ | 491,307 |
Schedule of amortized cost basis of finance receivables |
Schedule of amortized cost basis of finance receivables |  | March 31, |  |  | December 31, |
|  | 2021 |  |  | 2020 |
|  | (In thousands) |
Annual Vintage Pool |  |  |  |  |  |  |  |
2012 and prior |  | $ | 427 |  |  | $ | 608 |
2013 |  |  | 3,102 |  |  |  | 4,483 |
2014 |  |  | 17,169 |  |  |  | 23,115 |
2015 |  |  | 62,428 |  |  |  | 78,457 |
2016 |  |  | 136,699 |  |  |  | 163,677 |
2017 |  |  | 190,798 |  |  |  | 220,967 |
|  | $ | 410,623 |  |  | $ | 491,307 |
Schedule of allowance for finance credit losses |
Schedule of allowance for finance credit losses |  |  |  |  |  |  |  |
|  | Three Months Ended |
|  | March 31, |
|  |  | 2021 |  |  |  | 2020 |
|  |  | (In thousands) |
Balance at beginning of period |  | $ | 80,790 |  |  | $ | 11,640 |
Early adoption of CECL |  |  | – |  |  |  | 127,000 |
Provision for credit losses on finance receivables |  |  | – |  |  |  | 3,613 |
Charge-offs |  |  | (12,122 | ) |  |  | (34,214 | )
Recoveries |  |  | 4,829 |  |  |  | 6,034 |
Balance at end of period |  | $ | 73,497 |  |  | $ | 114,073 |
Schedule of allowance for losses on repossessed inventory |
Schedule of allowance for losses on repossessed inventory |  | March 31, |  |  | December 31, |
|  | 2021 |  |  | 2020 |
|  | (In thousands) |
Gross balance of repossessions in inventory |  | $ | 10,340 |  |  | $ | 15,589 |
Allowance for losses on repossessed inventory |  |  | (6,816 | ) |  |  | (11,790 | )
Net repossessed inventory included in other assets |  | $ | 3,524 |  |  | $ | 3,799 |

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