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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net income $ 14,058 $ 38,156
Adjustments to reconcile net income to net cash provided by operating activities:    
Net interest income accretion on fair value receivables 164,394 143,949
Depreciation and amortization 650 642
Amortization of deferred financing costs 7,740 7,264
Mark to finance receivables measured at fair value (16,000) (6,000)
Provision for credit losses (4,579) (20,700)
Stock-based compensation expense 2,368 2,634
Changes in assets and liabilities:    
Deferred tax assets, net 2,171 4,414
Other assets (15,126) 4,671
Accounts payable and accrued expenses 10,082 6,888
Net cash provided by operating activities 165,758 181,918
Cash flows from investing activities:    
Payments received on finance receivables held for investment 21,475 56,986
Purchases of finance receivables measured at fair value (1,195,886) (958,587)
Payments received on finance receivables at fair value 637,844 625,715
Change in repossessions held in inventory 88 411
Purchase of furniture and equipment (356) (277)
Net cash used in investing activities (536,835) (275,752)
Cash flows from financing activities:    
Proceeds from issuance of securitization trust debt 1,453,921 949,385
Proceeds from issuance of subordinated renewable notes 8,784 0
Payments on subordinated renewable notes (1,684) (6,100)
Net proceeds from (repayments of) warehouse lines of credit (125,566) (46,407)
Net Proceeds from (repayment of) residual interest financing debt 50,000 0
Repayment of securitization trust debt (840,480) (814,473)
Payment of financing costs (14,274) (5,984)
Purchase of common stock (12,828) (19,116)
Exercise of options and warrants 6,825 15,833
Net cash provided by financing activities 524,698 73,138
Increase in cash and cash equivalents 153,621 (20,696)
Cash and restricted cash at beginning of period 125,431 162,789
Cash and restricted cash at end of period 279,052 142,093
Supplemental disclosure of cash flow information:    
Interest 129,335 97,812
Income taxes 9,552 4,389
Non-cash financing activities:    
Right-of-use asset, net (21,008) (3,983)
Lease liability 22,944 4,307
Deferred office rent $ (1,936) $ (324)