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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net income $ 38,156 $ 71,848
Adjustments to reconcile net income to net cash provided by operating activities:    
Net interest income accretion on fair value receivables 143,949 97,462
Depreciation and amortization 642 1,207
Amortization of deferred financing costs 7,264 5,860
Mark to finance receivables measured at fair value (6,000) (15,283)
Provision for credit losses (20,700) (23,400)
Stock-based compensation expense 2,634 2,966
Changes in assets and liabilities:    
Deferred tax assets, net 4,414 5,005
Other assets 4,671 5,252
Accounts payable and accrued expenses 6,888 13,827
Net cash provided by operating activities 181,918 164,744
Cash flows from investing activities:    
Payments received on finance receivables held for investment 56,986 109,894
Purchases of finance receivables measured at fair value (958,587) (1,311,735)
Payments received on finance receivables at fair value 625,715 635,401
Change in repossessions held in inventory 411 1,694
Purchase of furniture and equipment (277) (1,778)
Net cash used in investing activities (275,752) (566,524)
Cash flows from financing activities:    
Proceeds from issuance of securitization trust debt 949,385 1,104,000
Proceeds from issuance of subordinated renewable notes 0 4,004
Payments on subordinated renewable notes (6,100) (3,214)
Net proceeds from (repayments of) warehouse lines of credit (46,407) 139,477
Net proceeds from (repayment of) residual interest financing debt 0 (4,311)
Repayment of securitization trust debt (814,473) (804,774)
Payment of financing costs (5,984) (10,407)
Purchase of common stock (19,116) (41,535)
Exercise of options and warrants 15,833 14,698
Net cash provided by financing activities 73,138 397,938
Increase in cash and cash equivalents (20,696) (3,842)
Cash and restricted cash at beginning of period 162,789 176,548
Cash and restricted cash at end of period 142,093 172,706
Cash paid during the period for:    
Interest 97,812 51,300
Income taxes $ 4,389 $ 13,977