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(3) Finance Receivables (Tables) | 12 Months Ended
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Dec. 31, 2021
Finance Receivables |
Schedule of finance receivables |
Schedule of finance receivables |  |  |  |  |  |  |  |
|  | December 31,
|  | 2021 |  | 2020
Finance receivables |  | (In thousands)
Automobile finance receivables, net of unearned interest |  | $ | 232,390 |  |  | $ | 491,307 |
Unearned acquisition fees, discounts and deferred origination costs, net |  |  | – |  |  |  | 826 |
Finance receivables |  | $ | 232,390 |  |  | $ | 492,133 |
Schedule of amortized cost basis of finance receivables |
Schedule of amortized cost basis of finance receivables |  |  |  |  |  |  |  |
|  | December 31,
|  | 2021 |  | 2020
|  | (In thousands)
Delinquency Status |  |  |  |  |  |  |  |
Current |  | $ | 186,625 |  |  | $ | 406,693 |
31 - 60 days |  |  | 30,980 |  |  |  | 56,572 |
61 - 90 days |  |  | 12,070 |  |  |  | 22,660 |
91 + days |  |  | 2,715 |  |  |  | 5,382 |
|  | $ | 232,390 |  |  | $ | 491,307 |
Schedule of amortized cost basis of finance receivables |
Schedule of amortized cost basis of finance receivables |  |  |  |  |  |  |  |
|  | December 31, |  | December 31,
|  | 2021 |  | 2020
|  | (In thousands)
Annual Vintage Pool |  |  |  |  |  |  |  |
2012 and prior |  | $ | 131 |  |  | $ | 608 |
2013 |  |  | 1,091 |  |  |  | 4,483 |
2014 |  |  | 6,881 |  |  |  | 23,115 |
2015 |  |  | 29,695 |  |  |  | 78,457 |
2016 |  |  | 76,728 |  |  |  | 163,677 |
2017 |  |  | 117,864 |  |  |  | 220,967 |
Total amortized cost basis |  | $ | 232,390 |  |  | $ | 491,307 |
Schedule of allowance for finance credit losses |
Schedule of allowance for finance credit losses |  |  |  |  |  |  |  |  |  |  |  |
|  | December 31,
|  | 2021 |  | 2020 |  | 2019
|  | (In thousands)
Balance at beginning of year |  | $ | 80,790 |  |  | $ | 11,640 |  |  | $ | 67,376 |
Impact of adopting ASC 326 |  |  | n/a |  |  |  | 127,000 |  |  |  | n/a |
Provision for credit losses on finance receivables |  |  | (14,590 | ) |  |  | 14,113 |  |  |  | 85,773 |
Charge-offs |  |  | (30,940 | ) |  |  | (90,824 | ) |  |  | (184,449 | )
Recoveries |  |  | 20,946 |  |  |  | 18,861 |  |  |  | 42,940 |
Balance at end of year |  | $ | 56,206 |  |  | $ | 80,790 |  |  | $ | 11,640 |
Schedule of allowance for losses on repossessed inventory |
Schedule of allowance for losses on repossessed inventory |  |
|  | December 31,
|  | 2021 |  | 2020
|  | (In thousands)
Gross balance of repossessions in inventory |  | $ | 4,341 |  |  | $ | 15,589 |
Allowance for losses on repossessed inventory |  |  | (1,871 | ) |  |  | (11,790 | )
Net repossessed inventory included in other assets |  | $ | 2,470 |  |  | $ | 3,799 |

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