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CA 33-0459135 3800 Howard Hughes Parkway Suite 1400 Las Vegas NV 89169 (949) 753-6800 Common Stock, no par value CPSS NASDAQ Yes Yes Accelerated Filer true false false 22704868 7475000 5295000 139191000 135537000 1537649000 1444038000 669772000 897530000 98602000 11640000 571170000 885890000 1266000 1512000 33442000 15480000 7229000 11645000 40038000 39852000 2337460000 2539249000 47415000 47077000 56668000 134791000 37544000 39478000 2051172000 2097728000 19580000 17534000 2212379000 2336608000 1 1 4998130 4998130 0 0 0 0 0 0 1 1 5000000 5000000 0 0 0 0 0 0 1 1 1870 1870 0 0 0 0 0 0 0 0 0 75000000 75000000 22715496 22715496 22715496 22530918 22530918 72402000 71257000 61100000 139805000 -8421000 -8421000 125081000 202641000 2337460000 2539249000 75552000 84449000 154689000 170294000 9549000 -0 19899000 -0 1289000 1876000 3269000 4261000 67292000 86325000 138059000 174555000 19828000 19706000 41671000 38779000 7837000 8750000 16506000 16924000 26485000 27703000 53476000 54993000 3100000 20489000 6713000 44445000 3079000 4634000 7508000 9470000 1833000 2011000 3524000 3985000 487000 262000 906000 513000 62649000 83555000 130304000 169109000 4643000 2770000 7755000 5446000 1671000 970000 -6009000 1907000 2972000 1800000 13764000 3539000 0.13 0.08 0.61 0.16 0.13 0.08 0.58 0.15 22685000 22362000 22612000 22302000 23687000 23978000 23783000 24119000 2972000 1800000 13764000 3539000 0 0 0 0 -2972000 -1800000 -13764000 -3539000 13764000 3539000 641000 952000 -64156000 -39822000 906000 513000 4127000 4127000 19899000 0 6713000 44445000 898000 1119000 -4416000 -15575000 -16569000 -2069000 3074000 142000 338000 399000 129353000 112418000 -180366000 -261723000 399729000 494626000 222063000 117505000 -2888000 -425000 660000 404000 4928000 -115377000 462343000 482675000 3450000 1613000 1404000 4535000 -78843000 2677000 2120000 -0 508942000 468874000 3178000 4383000 205000 1440000 452000 347000 -128447000 8080000 5834000 5121000 140832000 130110000 146666000 135231000 49372000 50417000 -17580000 -3227000 0 -21869000 0 23327000 0 -1458000 22559000 22134000 22531000 22422000 228000 405000 256000 483000 72000 13000 72000 379000 22715000 22526000 22715000 22526000 71792000 69544000 71257000 70273000 404000 274000 452000 347000 205000 -0 205000 1440000 411000 481000 898000 1119000 72402000 70299000 72402000 70299000 58128000 136138000 139805000 134399000 0 0 -92469000 0 58128000 136138000 47336000 134399000 2972000 1800000 13764000 3539000 61100000 137938000 61100000 137938000 -8421000 -7554000 -8421000 -7554000 0 0 0 0 -8421000 -7554000 -8421000 -7554000 0 0 125081000 200683000 125081000 200683000 <p id="xdx_80D_eus-gaap--SignificantAccountingPoliciesTextBlock_zZZMTMn8BBqg" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>(1) <i>Summary of Significant Accounting Policies</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p id="xdx_84C_eus-gaap--BusinessDescriptionAndAccountingPoliciesTextBlock_zBnE281VvbUi" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><span id="xdx_869_zfPbMsBdkIGj">Description of Business</span> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">We were formed in California on March 8, 1991. We specialize in purchasing and servicing retail automobile installment sale contracts (“automobile contracts” or “finance receivables”) originated by licensed motor vehicle dealers located throughout the United States (“dealers”) in the sale of new and used automobiles, light trucks and passenger vans. Through our purchases, we provide indirect financing to dealer customers for borrowers with limited credit histories or past credit problems (“sub-prime customers”). We serve as an alternative source of financing for dealers, allowing sales to customers who otherwise might not be able to obtain financing. In addition to purchasing installment purchase contracts directly from dealers, we have also (i) lent money directly to consumers for loans secured by vehicles, (ii) purchased immaterial amounts of vehicle purchase money loans from non-affiliated lenders, and (iii) acquired installment purchase contracts in four merger and acquisition transactions. In this report, we refer to all of such contracts and loans as "automobile contracts."</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p id="xdx_841_eus-gaap--BasisOfAccountingPolicyPolicyTextBlock_zqKvSCLQg9T9" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><span id="xdx_867_zOmim1nwT8v">Basis of Presentation</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Our Unaudited Condensed Consolidated Financial Statements have been prepared in conformity with accounting principles generally accepted in the United States of America, with the instructions to Form 10-Q and with Article 10 of Regulation S-X of the Securities and Exchange Commission, and include all adjustments that are, in management’s opinion, necessary for a fair presentation of the results for the interim periods presented. All such adjustments are, in the opinion of management, of a normal recurring nature. Results for the six-month period ended June 30, 2020 are not necessarily indicative of the operating results to be expected for the full year.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted from these Unaudited Condensed Consolidated Financial Statements. These Unaudited Condensed Consolidated Financial Statements should be read in conjunction with the Consolidated Financial Statements and Notes to Consolidated Financial Statements included in our Annual Report on Form 10-K for the year ended December 31, 2019.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p id="xdx_84F_eus-gaap--UseOfEstimates_zy1XfdVoMSgh" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><span id="xdx_861_zZmDha377LZ8">Use of Estimates</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the financial statements, as well as the reported amounts of income and expenses during the reported periods.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"> </p> <p id="xdx_84F_ecustom--FinanceReceivablesMeasuredAtFairValuePolicyTextBlock_zX3TKRTtAdBh" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><b><span id="xdx_864_z5CFJwd2iAjb">Finance Receivables Measured at Fair Value</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Effective January 1, 2018, we adopted the fair value method of accounting for finance receivables acquired on or after that date. For each finance receivable acquired after 2017, we consider the price paid on the purchase date as the fair value for such receivable. We estimate the cash to be received in the future with respect to such receivables, based on our experience with similar receivables acquired in the past. We then compute the internal rate of return that results in the present value of those estimated cash receipts being equal to the purchase date fair value. Thereafter, we recognize interest income on such receivables on a level yield basis using that internal rate of return as the applicable interest rate. Cash received with respect to such receivables is applied first against such interest income, and then to reduce the recorded value of the receivables.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">We re-evaluate the fair value of such receivables at the close of each measurement period. If the reevaluation were to yield a value materially different from the recorded value, an adjustment would be required. Results for the second quarter include the estimated potential effect on credit performance resulting from the COVID-19 pandemic. We recorded a $9.5 million mark down to the recorded value of the portion of the receivables portfolio accounted for at fair value in the second quarter and $10.4 million in the first quarter. The mark down is reflected as a reduction in revenue for each period.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Anticipated credit losses are included in our estimation of cash to be received with respect to receivables. Because such credit losses are included in our computation of the appropriate level yield, we do not thereafter make periodic provision for credit losses, as our best estimate of the lifetime aggregate of credit losses is included in that initial computation. Also, because we include anticipated credit losses in our computation of the level yield, the computed level yield is materially lower than the average contractual rate applicable to the receivables. Because our initial recorded value is fixed as the price we pay for the receivable, rather than as the contractual principal balance, we do not record acquisition fees as an amortizing asset related to the receivables, nor do we capitalize costs of acquiring the receivables. Rather we recognize the costs of acquisition as expenses in the period incurred</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"> </p> <p id="xdx_846_ecustom--OtherIncomePolicyTextBlock_zTbd8tEg1fS8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><b><span id="xdx_86B_zWT7PsqT0Yql">Other Income</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The following table presents the primary components of Other Income for the three-month and six-month periods ending June 30, 2020 and 2019:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"/> <table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--OtherIncomeTableTextBlock_pn3n3_zjQUsy00bHU8" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (1) Summary of Significant Accounting Policies (Details - Other income)"> <tr style="vertical-align: bottom"> <td> <span id="xdx_8BB_zISsRpVTHkEb" style="display: none">Schedule of other income</span></td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Three Months Ended</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Six Months Ended</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 40%; text-align: left">Direct mail revenues</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--OtherOperatingIncome_c20200401__20200630__us-gaap--IncomeStatementLocationAxis__custom--DirectMailRevenuesMember_pn3n3" style="width: 11%; text-align: right" title="Other income for the period">501</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--OtherOperatingIncome_c20190401__20190630__us-gaap--IncomeStatementLocationAxis__custom--DirectMailRevenuesMember_pn3n3" style="width: 11%; text-align: right" title="Other income for the period">1,051</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98E_eus-gaap--OtherOperatingIncome_c20200101__20200630__us-gaap--IncomeStatementLocationAxis__custom--DirectMailRevenuesMember_pn3n3" style="width: 11%; text-align: right" title="Other income for the period">1,684</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--OtherOperatingIncome_c20190101__20190630__us-gaap--IncomeStatementLocationAxis__custom--DirectMailRevenuesMember_pn3n3" style="width: 11%; text-align: right" title="Other income for the period">2,387</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Convenience fee revenue</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--OtherOperatingIncome_c20200401__20200630__us-gaap--IncomeStatementLocationAxis__custom--ConvenienceFeeMember_pn3n3" style="text-align: right" title="Other income for the period">530</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--OtherOperatingIncome_c20190401__20190630__us-gaap--IncomeStatementLocationAxis__custom--ConvenienceFeeMember_pn3n3" style="text-align: right" title="Other income for the period">570</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--OtherOperatingIncome_c20200101__20200630__us-gaap--IncomeStatementLocationAxis__custom--ConvenienceFeeMember_pn3n3" style="text-align: right" title="Other income for the period">1,060</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--OtherOperatingIncome_c20190101__20190630__us-gaap--IncomeStatementLocationAxis__custom--ConvenienceFeeMember_pn3n3" style="text-align: right" title="Other income for the period">1,270</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Recoveries on previously charged-off contracts</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--OtherOperatingIncome_c20200401__20200630__us-gaap--IncomeStatementLocationAxis__custom--RecoveriesMember_pn3n3" style="text-align: right" title="Other income for the period">50</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--OtherOperatingIncome_c20190401__20190630__us-gaap--IncomeStatementLocationAxis__custom--RecoveriesMember_pn3n3" style="text-align: right" title="Other income for the period">45</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--OtherOperatingIncome_c20200101__20200630__us-gaap--IncomeStatementLocationAxis__custom--RecoveriesMember_pn3n3" style="text-align: right" title="Other income for the period">75</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--OtherOperatingIncome_c20190101__20190630__us-gaap--IncomeStatementLocationAxis__custom--RecoveriesMember_pn3n3" style="text-align: right" title="Other income for the period">102</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Sales tax refunds</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--OtherOperatingIncome_c20200401__20200630__us-gaap--IncomeStatementLocationAxis__custom--SalesTaxRefundsMember_pn3n3" style="text-align: right" title="Other income for the period">208</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--OtherOperatingIncome_c20190401__20190630__us-gaap--IncomeStatementLocationAxis__custom--SalesTaxRefundsMember_pn3n3" style="text-align: right" title="Other income for the period">204</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--OtherOperatingIncome_c20200101__20200630__us-gaap--IncomeStatementLocationAxis__custom--SalesTaxRefundsMember_pn3n3" style="text-align: right" title="Other income for the period">409</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--OtherOperatingIncome_c20190101__20190630__us-gaap--IncomeStatementLocationAxis__custom--SalesTaxRefundsMember_pn3n3" style="text-align: right" title="Other income for the period">431</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="padding-bottom: 1pt">Other</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--OtherOperatingIncome_pn3n3_d0_c20200401__20200630__us-gaap--IncomeStatementLocationAxis__us-gaap--OtherIncomeMember_ze6b8EV7Zl3j" style="border-bottom: Black 1pt solid; text-align: right" title="Other income for the period">–</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--OtherOperatingIncome_c20190401__20190630__us-gaap--IncomeStatementLocationAxis__us-gaap--OtherIncomeMember_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Other income for the period">6</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_eus-gaap--OtherOperatingIncome_c20200101__20200630__us-gaap--IncomeStatementLocationAxis__us-gaap--OtherIncomeMember_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Other income for the period">41</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_eus-gaap--OtherOperatingIncome_c20190101__20190630__us-gaap--IncomeStatementLocationAxis__us-gaap--OtherIncomeMember_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Other income for the period">71</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Other income for the period</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--OtherOperatingIncome_c20200401__20200630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Other income for the period">1,289</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--OtherOperatingIncome_c20190401__20190630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Other income for the period">1,876</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--OtherOperatingIncome_c20200101__20200630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Other income for the period">3,269</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--OtherOperatingIncome_c20190101__20190630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Other income for the period">4,261</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8A6_zqRGuwKbR15g" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"> </p> <p id="xdx_847_eus-gaap--LesseeLeasesPolicyTextBlock_zcpM24dWchg6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><span id="xdx_862_zRMSVupnLI3f">Leases</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The Company has operating leases for corporate offices, equipment, software and hardware. The Company has entered into operating leases for the majority of its real estate locations, primarily office space. These leases are generally for periods of three to seven years with various renewal options. The depreciable life of leased assets is limited by the expected lease term. Leases with an initial term of 12 months or less are not recorded on the balance sheet and the related lease expense is recognized on a straight-line basis over the lease term.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"/> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">  </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The following table presents the supplemental balance sheet information related to leases:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"/> <table cellpadding="0" cellspacing="0" id="xdx_89C_ecustom--SupplementalBalanceSheetInformationRelatedToLeasesTableTextBlock_pn3n3_zfJfwJ7zRMhg" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (1) Summary of Significant Accounting Policies (Details - Supplemental balance sheet information related to leases)"> <tr style="vertical-align: bottom"> <td> <span id="xdx_8BA_z2FnhezMY5Yd" style="display: none">Supplemental balance sheet information related to leases</span></td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_498_20200630_zpgv0IbFPWth" style="font-weight: bold; text-align: center">June 30,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_491_20191231_z0brzaplXL02" style="font-weight: bold; text-align: center">December 31,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td> </td></tr> <tr id="xdx_40E_eus-gaap--LeasesOperatingAbstract_iB" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-weight: bold; text-align: left">Operating Leases</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_409_ecustom--OperatingLeaseRightOfUseAssetGross_i01I_pn3n3_maOLROUziLC_zFNIjTqPcS7g" style="vertical-align: bottom; background-color: White"> <td style="width: 70%; text-align: left">Operating lease right-of-use assets</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">23,735</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">23,735</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40C_ecustom--AccumulatedAmortizationRightofuseAssets_i01NI_pn3n3_di_msOLROUziLC_zGEvqNbMcRwa" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 1pt">Less: Accumulated amortization right-of-use assets</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(9,729</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(6,600</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40C_eus-gaap--OperatingLeaseRightOfUseAsset_i01TI_pn3n3_mtOLROUziLC_zHAteOsaqKa1" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Operating lease right-of-use assets, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">14,006</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">17,135</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--OperatingLeaseLiability_i01NI_pn3n3_di_zjcege80fRze" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Operating lease liabilities</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(15,308</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(18,527</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--FinanceLeasesAbstract_iB" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left">Finance Leases</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_407_ecustom--FinanceLeaseRightOfUseAssetAtCost_i01I_pn3n3_maFLROUzJAy_zIKZnoS2Dydd" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Property and equipment, at cost</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">3,224</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">876</td><td style="text-align: left"> </td></tr> <tr id="xdx_401_ecustom--FinanceLeaseRightOfUseAssetAccumulatedDepreciation_i01NI_pn3n3_di_msFLROUzJAy_zUHvoG9his7h" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Less: Accumulated depreciation</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(672</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(150</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_409_eus-gaap--FinanceLeaseRightOfUseAsset_i01TI_pn3n3_mtFLROUzJAy_ztctc9qIVJDd" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 2.5pt">Property and equipment, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2,552</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">726</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--FinanceLeaseLiability_iNI_pn3n3_di_zJeBjBKPdFBb" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Finance lease liabilities</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(2,586</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(718</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-weight: bold">Weighted Average Discount Rate</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--OperatingLeaseWeightedAverageDiscountRatePercent_iI_pii_dp_z5DtS8DAdZFe" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Operating lease</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5.0</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5.0</td><td style="text-align: left">%</td></tr> <tr id="xdx_409_eus-gaap--FinanceLeaseWeightedAverageDiscountRatePercent_iI_pii_dp_zgRDW6Pa4Fd9" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Finance lease</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6.6</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6.4</td><td style="text-align: left">%</td></tr> </table> <p id="xdx_8A8_zWP1m3WtxFX3" style="margin: 0"> </p> <p style="margin: 0"><span style="font: 10pt Times New Roman, Times, Serif"><b>Maturities of lease liabilities were as follows:</b></span></p> <table cellpadding="0" cellspacing="0" id="xdx_89B_eus-gaap--LesseeOperatingLeaseLiabilityMaturityTableTextBlock_pn3n3_zzVsmqOdKDy" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (1) Summary of Significant Accounting Policies (Details - Maturities of lease liabilities)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"> <span id="xdx_8B6_zRGDQrrzOMQj" style="display: none">Maturities of leases</span></td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td>(In thousands)</td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Operating</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Finance</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt">Year Ending December 31,</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Lease</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Lease</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 70%">2020 (excluding the six months ended June 30, 2020)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear_c20200630_pn3n3" style="width: 11%; text-align: right" title="2020">3,903</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_eus-gaap--FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear_c20200630_pn3n3" style="width: 11%; text-align: right" title="2020">587</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">2021</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--OperatingLeasesFutureMinimumPaymentsDueInTwoYears_c20200630_pn3n3" style="text-align: right" title="2021">7,458</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--FinanceLeaseLiabilityPaymentsDueYearTwo_c20200630_pn3n3" style="text-align: right" title="2021">1,170</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">2022</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--OperatingLeasesFutureMinimumPaymentsDueInThreeYears_c20200630_pn3n3" style="text-align: right" title="2022">6,066</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--FinanceLeaseLiabilityPaymentsDueYearThree_c20200630_pn3n3" style="text-align: right" title="2022">992</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">2023</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--OperatingLeasesFutureMinimumPaymentsDueInFourYears_c20200630_pn3n3" style="text-align: right" title="2023">1,397</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--FinanceLeaseLiabilityPaymentsDueYearFour_c20200630_pn3n3" style="text-align: right" title="2023">42</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">2024</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--OperatingLeasesFutureMinimumPaymentsDueInFiveYears_c20200630_pn3n3" style="text-align: right" title="2024">419</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--FinanceLeaseLiabilityPaymentsDueYearFive_c20200630_pn3n3" style="text-align: right" title="2024">14</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Thereafter</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--OperatingLeasesFutureMinimumPaymentsDueThereafter_c20200630_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Thereafter">282</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--FinanceLeaseLiabilityPaymentsDueAfterYearFive_iI_pn3n3_d0_c20200630_zCEqpN0RxoV8" style="border-bottom: Black 1pt solid; text-align: right" title="Thereafter">–</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Total undiscounted lease payments</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--OperatingLeasesFutureMinimumPaymentsDue_c20200630_pn3n3" style="text-align: right" title="Total undiscounted lease payments">19,525</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--FinanceLeaseLiabilityPaymentsDue_c20200630_pn3n3" style="text-align: right" title="Total undiscounted lease payments">2,805</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Less amounts representing interest</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_ecustom--OperatingLeasesFutureMinimumPaymentsDueInterest_c20200630_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Less amounts representing interest">(4,524</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--LesseeOperatingLeaseLiabilityUndiscountedExcessAmount_iNI_pn3n3_di_c20200630_zhdcChEZw207" style="border-bottom: Black 1pt solid; text-align: right" title="Less amounts representing interest">(219</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 2.5pt">Lease Liability</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_981_eus-gaap--OperatingLeaseLiability_c20200630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Lease Liability">15,308</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--FinanceLeaseLiability_c20200630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Lease Liability">2,586</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8AB_zOJH5V49Pfle" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"/> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The following table presents the lease expense included in General and administrative and Occupancy expense on our Unaudited Condensed Consolidated Statement of Operations:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89A_eus-gaap--LeaseCostTableTextBlock_pn3n3_ztUbyLbXImE7" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (1) Summary of Significant Accounting Policies (Details - Lease cost)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt"><span id="xdx_8B0_zMcG0gDPtva4" style="display: none">Lease information</span></td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td id="xdx_49D_20200401__20200630_ztHUETWhkvcf" style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td id="xdx_49A_20190401__20190630_z8aMtMGsm3Dh" style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td id="xdx_49C_20200101__20200630_z05Wj60FjV9i" style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td id="xdx_493_20190101__20190630_zR8H1mJCe85a" style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Three Months Ended</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Six Months Ended</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td></tr> <tr id="xdx_40E_eus-gaap--OperatingLeaseCost_maLCzFPz_z4ggqPwfmANi" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 40%; text-align: left">Operating lease cost</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">1,885</td><td style="width: 1%; text-align: left"/><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">1,886</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">3,769</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">3,775</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_404_ecustom--FinanceLeaseCost_maLCzFPz_z6c6cCqwJ6Pa" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Finance lease cost</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">293</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">44</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">572</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">44</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--LeaseCost_iT_pn3n3_mtLCzFPz_zL16RtyKx7c8" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 2.5pt">Total lease cost</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2,178</td><td style="padding-bottom: 2.5pt; text-align: left"/><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,930</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,341</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">3,819</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8AE_zIsZniLNMk72" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The following table presents the supplemental cash flow information related to leases:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"/> <table cellpadding="0" cellspacing="0" id="xdx_89C_eus-gaap--ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock_pn3n3_z5HdMDbKObhh" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (1) Summary of Significant Accounting Policies (Details - Cash flow)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"><span id="xdx_8B6_ztOoHKuvVVq8" style="display: none">Supplemental cash flow information related to leases</span></td><td> </td> <td style="text-align: left"> </td><td id="xdx_497_20200401__20200630_z2PAEoMEziZi" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_493_20190401__20190630_zNjroaEr549a" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_49F_20200101__20200630_zY6Z3TZUd6F2" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_494_20190101__20190630_zL0N8RBgtvsg" style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Three Months Ended</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Six Months Ended</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_405_ecustom--CashPaidForAmountsIncludedInMeasurementOfLeaseLiabilitiesAbstract_iB" style="vertical-align: bottom"> <td style="font-weight: bold">Cash paid for amounts included in the measurement of lease liabilities:</td><td style="font-weight: bold"> </td> <td colspan="6" style="vertical-align: top; font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="vertical-align: top; font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td></tr> <tr id="xdx_40B_eus-gaap--OperatingLeasePayments_i01_pn3n3" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 40%; text-align: left">Operating cash flows from operating leases</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">1,932</td><td style="width: 1%; text-align: left"/><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">1,890</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">3,858</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">3,776</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--FinanceLeasePrincipalPayments_i01_pn3n3" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Operating cash flows from finance leases</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">248</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">36</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">481</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">36</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_ecustom--FinancingCashFlowsFromFinanceLeases_i01_pn3n3" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Financing cash flows from finance leases</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">45</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">8</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">91</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">8</td><td style="text-align: left"> </td></tr> </table> <p id="xdx_8AB_z5Pu7gHgk2V5" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p id="xdx_847_eus-gaap--ShareBasedCompensationOptionAndIncentivePlansPolicy_z5iUQ8Wpag55" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><span id="xdx_869_za5nuWSa5nya">Stock-based Compensation</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">We recognize compensation costs in the financial statements for all share-based payments based on the grant date fair value estimated in accordance with the provisions of ASC 718 “Stock Compensation”.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">For the three and six months ended June 30, 2020, we recorded stock-based compensation costs in the amount of $<span id="xdx_901_eus-gaap--ShareBasedCompensation_pn3p0_c20200401__20200630_zvDsIJzwnnK2" title="Stock-based compensation"><span title="Stock-based compensation">412,000</span></span> and $<span id="xdx_90A_eus-gaap--ShareBasedCompensation_pn3p0_c20200101__20200630_zYCePgR9iPL7" title="Stock-based compensation">898,000</span>, respectively. These stock-based compensation costs were $<span id="xdx_904_eus-gaap--ShareBasedCompensation_pn3p0_c20190401__20190630_zOelNVKqyAF2" title="Stock-based compensation">481,000</span> and $<span title="Stock-based compensation">1.1</span> million <span id="xdx_908_eus-gaap--ShareBasedCompensation_pn3n3_c20190101__20190630_zrzCF9xpPD62" style="display: none">1,119</span> for the three and six months ended June 30, 2019. As of June 30, 2020, unrecognized stock-based compensation costs to be recognized over future periods equaled $<span id="xdx_90E_eus-gaap--EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions_iI_pn3n3_dm_c20200630_zAdRems3BLRl" title="Unrecognized stock-based compensation costs">4.2</span> million. This amount will be recognized as expense over a weighted-average period of <span id="xdx_904_eus-gaap--EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_dtY_c20200101__20200630_zBoYVVgy75bg" title="Weighted-average period for unrecognized costs">2.6</span> years.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The following represents stock option activity for the six months ended June 30, 2020:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" id="xdx_898_eus-gaap--ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_pn3n3_zvPK8lv9JAi5" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%" summary="xdx: Disclosure - (1) Summary of Significant Accounting Policies (Details - Option activity)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8B1_zpTsKWBXIxog"><span id="xdx_8B2_zDsDigvkowz9" style="display: none">Schedule of stock option activity</span></span></td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Number of Shares (in thousands)</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Weighted Average Exercise Price</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Weighted Average Remaining Contractual Term</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 45%; text-align: left">Options outstanding at the beginning of period</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_983_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iS_pip0_c20191231__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zzFbXQ4Xo5xg" style="width: 11%; text-align: right" title="Options outstanding at the beginning of period">15,348</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iS_pii_c20191231__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zsUmfqld26Ek" style="width: 11%; text-align: right" title="Options outstanding at the beginning of period">4.59</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: center"> </td><td style="width: 11%; text-align: center"> N/A </td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>   Granted</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_pip0_c20200101__20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zmLx80JaSBBa" style="text-align: right" title="Granted">1,600</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_c20200101__20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_pii" style="text-align: right" title="Granted">2.47</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center"> </td><td style="text-align: center"> N/A </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>   Exercised</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_iN_pip0_di_c20200101__20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zDECjpZAfxAg" style="text-align: right" title="Exercised">(256</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_c20200101__20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_pii" style="text-align: right" title="Exercised">1.76</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center"> </td><td style="text-align: center"> N/A </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">   Forfeited</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_iN_pip0_di_c20200101__20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zj3W177wyRtb" style="border-bottom: Black 1pt solid; text-align: right" title="Forfeited/Expired">(164</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td id="xdx_98A_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice_c20200101__20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_pii" style="padding-bottom: 1pt; text-align: right" title="Forfeited/Expired">5.48</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: center"> </td><td style="padding-bottom: 1pt; text-align: center"> N/A </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 2.5pt">Options outstanding at the end of period</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_989_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iI_pip0_c20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_z8eZYQDCYreg" style="border-bottom: Black 2.5pt double; text-align: right" title="Options outstanding at the end of period">16,528</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iE_pii_c20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zFceHE8ZnFC6" style="border-bottom: Black 2.5pt double; text-align: right" title="Options outstanding at the end of period">4.42</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: center"> </td><td style="border-bottom: Black 2.5pt double; text-align: center" title="Weighted average remaining contractual term, end of period"> <span id="xdx_904_eus-gaap--SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2_dtY_c20200101__20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_z5M9PJV5mhei" title="Weighted average remaining contractual term, end of period">3.31</span> years </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: center"> </td><td style="text-align: center"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 2.5pt">Options exercisable at the end of period</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_iI_pip0_c20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zrLxRZwk8grf" style="border-bottom: Black 2.5pt double; text-align: right" title="Options exercisable at the end of period">12,535</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_c20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_pii" style="border-bottom: Black 2.5pt double; text-align: right" title="Options exercisable at the end of period">4.81</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: center"> </td><td style="border-bottom: Black 2.5pt double; text-align: center" title="Weighted average remaining contractual term, exercisable at the end of period"> <span id="xdx_908_eus-gaap--SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2_dtY_c20200101__20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zY2QnYdBU4mj" title=" Weighted average remaining contractual term, exercisable at the end of period">2.45</span> years </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8AD_zCFaadUSeBUc" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"/> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">At June 30, 2020, the aggregate intrinsic value of options outstanding and exercisable was $<span id="xdx_90C_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_iI_pn3n3_dm_c20200630_zR4eanDzs6D8" title="Intrinsic value options outstanding">3.5</span> million and $<span id="xdx_90D_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_iI_pn3n3_dm_c20200630_zwAZnD9VUsGj" title="Intrinsic value of options exercisable">3.0</span> million, respectively. There were <span id="xdx_902_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_pip0_c20200101__20200630_zpXyPTsFmTNe" title="Options exercised">256,600</span> options exercised for the six months ended June 30, 2020 compared to <span id="xdx_909_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_pip0_c20190101__20190630_zhhTEd7mEQQc">482,500</span> for the comparable period in 2019. The total intrinsic value of options exercised was $<span id="xdx_904_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_pn3p0_c20200101__20200630_z4BoCXfbCNb8" title="Intrinsic value of options exercised">285,000</span> and $<span id="xdx_90E_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_pn3n3_dm_c20190101__20190630_z4E8p14v97L7" title="Intrinsic value of options exercised">1.4</span> million for the six-month periods ended June 30, 2020 and 2019. There were <span id="xdx_904_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_iI_pii_c20200630_zX6ObspA8o5e" title="Shares available for grant">21,000</span> shares available for future stock option grants under existing plans as of June 30, 2020.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p id="xdx_847_eus-gaap--StockholdersEquityPolicyTextBlock_z5ZLHh0GfVki" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><span id="xdx_868_zcBhUuVBBXY5">Purchases of Company Stock</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The table below describes the purchase of our common stock for the six-month ended June 30, 2020 and 2019:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"/> <table cellpadding="0" cellspacing="0" id="xdx_894_eus-gaap--ScheduleOfTreasuryStockByClassTextBlock_pn3n3_zwSa482hNhS5" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (1) Summary of Significant Accounting Policies (Details - Stock purchases)"> <tr style="vertical-align: bottom"> <td> <span id="xdx_8BA_zaG6bal2FjM" style="display: none">Schedule of purchases of company stock</span></td><td style="font-weight: bold"> </td> <td colspan="14" style="font-weight: bold; text-align: center">Six Months Ended</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30, 2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30, 2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Shares</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Avg. Price</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Shares</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Avg. Price</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 40%; text-align: left">Open market purchases</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_982_eus-gaap--StockRepurchasedDuringPeriodShares_c20200101__20200630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--OpenMarketPurchasesMember_pii" style="width: 11%; text-align: right" title="Total stock purchases, shares">25,113</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--TreasuryStockAcquiredAverageCostPerShare_c20200101__20200630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--OpenMarketPurchasesMember_pii" style="width: 11%; text-align: right" title="Total stock purchases, average price per share">2.85</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98D_eus-gaap--StockRepurchasedDuringPeriodShares_c20190101__20190630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--OpenMarketPurchasesMember_pii" style="width: 11%; text-align: right" title="Total stock purchases, shares">335,546</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--TreasuryStockAcquiredAverageCostPerShare_c20190101__20190630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--OpenMarketPurchasesMember_pii" style="width: 11%; text-align: right" title="Total stock purchases, average price per share">3.95</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Shares redeemed upon net exercise of stock options</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--StockRepurchasedDuringPeriodShares_c20200101__20200630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--SharesRedeemedMember_pii" style="text-align: right" title="Total stock purchases, shares">46,909</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--TreasuryStockAcquiredAverageCostPerShare_c20200101__20200630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--SharesRedeemedMember_pii" style="text-align: right" title="Total stock purchases, average price per share">2.86</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--StockRepurchasedDuringPeriodShares_c20190101__20190630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--SharesRedeemedMember_pii" style="text-align: right" title="Total stock purchases, shares">18,424</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--TreasuryStockAcquiredAverageCostPerShare_c20190101__20190630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--SharesRedeemedMember_pii" style="text-align: right" title="Total stock purchases, average price per share">3.76</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 1pt">Other purchases</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_eus-gaap--StockRepurchasedDuringPeriodShares_pii_d0_c20200101__20200630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--OtherRepurchasesMember_zAf30wpV9cE4" style="border-bottom: Black 1pt solid; text-align: right" title="Total stock purchases, shares">–</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--TreasuryStockAcquiredAverageCostPerShare_pii_d0_c20200101__20200630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--OtherRepurchasesMember_zOFI3ZhrcWE7" style="border-bottom: Black 1pt solid; text-align: right" title="Total stock purchases, average price per share">–</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--StockRepurchasedDuringPeriodShares_c20190101__20190630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--OtherRepurchasesMember_pii" style="border-bottom: Black 1pt solid; text-align: right" title="Total stock purchases, shares">24,500</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--TreasuryStockAcquiredAverageCostPerShare_c20190101__20190630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--OtherRepurchasesMember_pii" style="border-bottom: Black 1pt solid; text-align: right" title="Total stock purchases, average price per share">4.20</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Total stock purchases</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_980_eus-gaap--StockRepurchasedDuringPeriodShares_c20200101__20200630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember_pii" style="border-bottom: Black 2.5pt double; text-align: right" title="Total stock purchases, shares">72,022</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--TreasuryStockAcquiredAverageCostPerShare_c20200101__20200630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember_pii" style="border-bottom: Black 2.5pt double; text-align: right" title="Total stock purchases, average price per share">2.85</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_983_eus-gaap--StockRepurchasedDuringPeriodShares_c20190101__20190630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember_pii" style="border-bottom: Black 2.5pt double; text-align: right" title="Total stock purchases, shares">378,470</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--TreasuryStockAcquiredAverageCostPerShare_c20190101__20190630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember_pii" style="border-bottom: Black 2.5pt double; text-align: right" title="Total stock purchases, average price per share">3.97</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8AB_zDIBFNYAtnwf" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p id="xdx_845_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zBVVBStNF47l" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><span id="xdx_865_zFQ3r0HHZWu5">Reclassifications</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Some items in the prior year financial statements were reclassified to conform to the current presentation. Reclassifications had no effect on net income or shareholders’ equity.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p id="xdx_84E_ecustom--FinancialCovenantsPolicyTextBlock_zGYzdCA8lfii" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><span id="xdx_86D_zRPfnr6W10W1">Financial Covenants </span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.1in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Certain of our securitization transactions, our warehouse credit facilities and our residual interest financing contain various financial covenants requiring minimum financial ratios and results. Such covenants include maintaining minimum levels of liquidity and net worth and not exceeding maximum leverage levels. As of June 30, 2020, we were in compliance with all such covenants. In addition, certain of our debt agreements other than our term securitizations contain cross-default provisions. Such cross-default provisions would allow the respective creditors to declare a default if an event of default occurred with respect to other indebtedness of ours, but only if such other event of default were to be accompanied by acceleration of such other indebtedness.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"> </p> <p id="xdx_841_ecustom--ProvisionForContingentLiabilitiesPolicyTextBlock_zQNLT0J66qP8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><b><span id="xdx_867_zlXwMu6J3sv3">Provision for Contingent Liabilities</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">We are routinely involved in various legal proceedings resulting from our consumer finance activities and practices, both continuing and discontinued. Our legal counsel has advised us on such matters where, based on information available at the time of this report, there is an indication that it is both probable that a liability has been incurred and the amount of the loss can be reasonably determined.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"> </p> <p id="xdx_847_eus-gaap--NewAccountingPronouncementsPolicyPolicyTextBlock_zkSkgd6ijd5g" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><b><span id="xdx_86E_zbuiPifZ9x83">Adoption of New Accounting Standards </span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update ("ASU") 2016-13, which changes the criteria under which credit losses on financial instruments (such as the Company’s finance receivables) are measured. ASU 2016-3 introduces a new credit reserving model known as the Current Expected Credit Loss (“CECL”) model, which replaces the incurred loss impairment methodology previously used under U.S. GAAP with a methodology that records currently the expected lifetime credit losses on financial instruments. To establish such lifetime credit loss estimates, consideration of a broadened range of reasonable and supportable information to establish credit loss estimates is required. ASU 2016-13 was initially scheduled to become effective for interim and annual reporting periods beginning after December 15, 2019, however on October 16, 2019, the FASB changed the effective date for smaller reporting companies to <span style="background-color: white">interim and annual reporting periods </span>beginning after December 15, 2022, with early adoption permitted.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Effective January 1, 2020, the Company adopted the CECL model. The adoption of CECL required that we establish an allowance for the remaining expected lifetime credit losses on the portion of the Company’s receivable portfolio for which the Company was not already using fair value accounting. We refer to that portion, which is those receivables that were originated prior to January 2018, as our “legacy portfolio”. To comply with CECL, the Company recorded an addition to its allowance for finance credit losses of $127.0 million. In accordance with the rules for adopting CECL, the offset to the addition to the allowance for finance credit losses was a tax affected reduction to retained earnings using the modified retrospective method, and not a current period expense.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 9pt"> </p> <p id="xdx_842_ecustom--CoronavirusPandemicPolicyTextBlock_zyQPefwjzrc9" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><b><span id="xdx_869_zc4ES9LHHXl4">Coronavirus Pandemic</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">In December 2019, a new strain of coronavirus (the “COVID-19 virus”) originated in Wuhan, China. Since its discovery, the COVID-19 virus has spread throughout the world, and the outbreak has been declared to be a pandemic by the World Health Organization. We refer from time to time in this report to the outbreak and spread of the COVID-19 virus as “the pandemic.”</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Results for the six-month period ending June 30, 2020 include the estimated potential effect on credit performance resulting from the pandemic. We recorded a $6.7 million charge to the provision for credit losses for the legacy portfolio accounted for under CECL and a $19.9 million mark down to the recorded value of the finance receivables measured at fair value.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">  </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The pandemic itself, if sufficient numbers of people were to be afflicted, could cause obligors under our automobile contracts to be unable to pay their contractual obligations. As the future course of the COVID-19 pandemic is as yet unknown, its direct effect on future obligor payments is likewise uncertain.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The mandatory shutdown of large portions of the United States economy pursuant to emergency restrictions has impaired and will impair the ability of obligors under our automobile contracts to pay their contractual obligations. The extent to which that ability will be impaired, and the extent to which public ameliorative measures such as stimulus payments and enhanced unemployment benefits may restore such ability, cannot be estimated.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">We measure our portfolio of finance receivables carried at fair value with consideration for unobservable inputs that reflect our own assumptions about the factors that market participants use in pricing similar receivables and are based on the best information available in the circumstances. They include such inputs as estimates for the magnitude and timing of net charge-offs and the rate of amortization of the portfolio. The pandemic and the adverse effect it may have on the U.S. economy and our obligors may cause us to consider s<span style="color: #323232">ignificant changes in any of those inputs, which in turn may have a significant effect on our fair value measurement.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"/> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p> <p id="xdx_84C_eus-gaap--BusinessDescriptionAndAccountingPoliciesTextBlock_zBnE281VvbUi" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><span id="xdx_869_zfPbMsBdkIGj">Description of Business</span> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">We were formed in California on March 8, 1991. We specialize in purchasing and servicing retail automobile installment sale contracts (“automobile contracts” or “finance receivables”) originated by licensed motor vehicle dealers located throughout the United States (“dealers”) in the sale of new and used automobiles, light trucks and passenger vans. Through our purchases, we provide indirect financing to dealer customers for borrowers with limited credit histories or past credit problems (“sub-prime customers”). We serve as an alternative source of financing for dealers, allowing sales to customers who otherwise might not be able to obtain financing. In addition to purchasing installment purchase contracts directly from dealers, we have also (i) lent money directly to consumers for loans secured by vehicles, (ii) purchased immaterial amounts of vehicle purchase money loans from non-affiliated lenders, and (iii) acquired installment purchase contracts in four merger and acquisition transactions. In this report, we refer to all of such contracts and loans as "automobile contracts."</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p id="xdx_841_eus-gaap--BasisOfAccountingPolicyPolicyTextBlock_zqKvSCLQg9T9" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><span id="xdx_867_zOmim1nwT8v">Basis of Presentation</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Our Unaudited Condensed Consolidated Financial Statements have been prepared in conformity with accounting principles generally accepted in the United States of America, with the instructions to Form 10-Q and with Article 10 of Regulation S-X of the Securities and Exchange Commission, and include all adjustments that are, in management’s opinion, necessary for a fair presentation of the results for the interim periods presented. All such adjustments are, in the opinion of management, of a normal recurring nature. Results for the six-month period ended June 30, 2020 are not necessarily indicative of the operating results to be expected for the full year.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted from these Unaudited Condensed Consolidated Financial Statements. These Unaudited Condensed Consolidated Financial Statements should be read in conjunction with the Consolidated Financial Statements and Notes to Consolidated Financial Statements included in our Annual Report on Form 10-K for the year ended December 31, 2019.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p id="xdx_84F_eus-gaap--UseOfEstimates_zy1XfdVoMSgh" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><span id="xdx_861_zZmDha377LZ8">Use of Estimates</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the financial statements, as well as the reported amounts of income and expenses during the reported periods.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"> </p> <p id="xdx_84F_ecustom--FinanceReceivablesMeasuredAtFairValuePolicyTextBlock_zX3TKRTtAdBh" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><b><span id="xdx_864_z5CFJwd2iAjb">Finance Receivables Measured at Fair Value</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Effective January 1, 2018, we adopted the fair value method of accounting for finance receivables acquired on or after that date. For each finance receivable acquired after 2017, we consider the price paid on the purchase date as the fair value for such receivable. We estimate the cash to be received in the future with respect to such receivables, based on our experience with similar receivables acquired in the past. We then compute the internal rate of return that results in the present value of those estimated cash receipts being equal to the purchase date fair value. Thereafter, we recognize interest income on such receivables on a level yield basis using that internal rate of return as the applicable interest rate. Cash received with respect to such receivables is applied first against such interest income, and then to reduce the recorded value of the receivables.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">We re-evaluate the fair value of such receivables at the close of each measurement period. If the reevaluation were to yield a value materially different from the recorded value, an adjustment would be required. Results for the second quarter include the estimated potential effect on credit performance resulting from the COVID-19 pandemic. We recorded a $9.5 million mark down to the recorded value of the portion of the receivables portfolio accounted for at fair value in the second quarter and $10.4 million in the first quarter. The mark down is reflected as a reduction in revenue for each period.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Anticipated credit losses are included in our estimation of cash to be received with respect to receivables. Because such credit losses are included in our computation of the appropriate level yield, we do not thereafter make periodic provision for credit losses, as our best estimate of the lifetime aggregate of credit losses is included in that initial computation. Also, because we include anticipated credit losses in our computation of the level yield, the computed level yield is materially lower than the average contractual rate applicable to the receivables. Because our initial recorded value is fixed as the price we pay for the receivable, rather than as the contractual principal balance, we do not record acquisition fees as an amortizing asset related to the receivables, nor do we capitalize costs of acquiring the receivables. Rather we recognize the costs of acquisition as expenses in the period incurred</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"> </p> <p id="xdx_846_ecustom--OtherIncomePolicyTextBlock_zTbd8tEg1fS8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><b><span id="xdx_86B_zWT7PsqT0Yql">Other Income</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The following table presents the primary components of Other Income for the three-month and six-month periods ending June 30, 2020 and 2019:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"/> <table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--OtherIncomeTableTextBlock_pn3n3_zjQUsy00bHU8" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (1) Summary of Significant Accounting Policies (Details - Other income)"> <tr style="vertical-align: bottom"> <td> <span id="xdx_8BB_zISsRpVTHkEb" style="display: none">Schedule of other income</span></td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Three Months Ended</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Six Months Ended</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 40%; text-align: left">Direct mail revenues</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--OtherOperatingIncome_c20200401__20200630__us-gaap--IncomeStatementLocationAxis__custom--DirectMailRevenuesMember_pn3n3" style="width: 11%; text-align: right" title="Other income for the period">501</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--OtherOperatingIncome_c20190401__20190630__us-gaap--IncomeStatementLocationAxis__custom--DirectMailRevenuesMember_pn3n3" style="width: 11%; text-align: right" title="Other income for the period">1,051</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98E_eus-gaap--OtherOperatingIncome_c20200101__20200630__us-gaap--IncomeStatementLocationAxis__custom--DirectMailRevenuesMember_pn3n3" style="width: 11%; text-align: right" title="Other income for the period">1,684</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--OtherOperatingIncome_c20190101__20190630__us-gaap--IncomeStatementLocationAxis__custom--DirectMailRevenuesMember_pn3n3" style="width: 11%; text-align: right" title="Other income for the period">2,387</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Convenience fee revenue</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--OtherOperatingIncome_c20200401__20200630__us-gaap--IncomeStatementLocationAxis__custom--ConvenienceFeeMember_pn3n3" style="text-align: right" title="Other income for the period">530</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--OtherOperatingIncome_c20190401__20190630__us-gaap--IncomeStatementLocationAxis__custom--ConvenienceFeeMember_pn3n3" style="text-align: right" title="Other income for the period">570</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--OtherOperatingIncome_c20200101__20200630__us-gaap--IncomeStatementLocationAxis__custom--ConvenienceFeeMember_pn3n3" style="text-align: right" title="Other income for the period">1,060</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--OtherOperatingIncome_c20190101__20190630__us-gaap--IncomeStatementLocationAxis__custom--ConvenienceFeeMember_pn3n3" style="text-align: right" title="Other income for the period">1,270</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Recoveries on previously charged-off contracts</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--OtherOperatingIncome_c20200401__20200630__us-gaap--IncomeStatementLocationAxis__custom--RecoveriesMember_pn3n3" style="text-align: right" title="Other income for the period">50</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--OtherOperatingIncome_c20190401__20190630__us-gaap--IncomeStatementLocationAxis__custom--RecoveriesMember_pn3n3" style="text-align: right" title="Other income for the period">45</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--OtherOperatingIncome_c20200101__20200630__us-gaap--IncomeStatementLocationAxis__custom--RecoveriesMember_pn3n3" style="text-align: right" title="Other income for the period">75</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--OtherOperatingIncome_c20190101__20190630__us-gaap--IncomeStatementLocationAxis__custom--RecoveriesMember_pn3n3" style="text-align: right" title="Other income for the period">102</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Sales tax refunds</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--OtherOperatingIncome_c20200401__20200630__us-gaap--IncomeStatementLocationAxis__custom--SalesTaxRefundsMember_pn3n3" style="text-align: right" title="Other income for the period">208</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--OtherOperatingIncome_c20190401__20190630__us-gaap--IncomeStatementLocationAxis__custom--SalesTaxRefundsMember_pn3n3" style="text-align: right" title="Other income for the period">204</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--OtherOperatingIncome_c20200101__20200630__us-gaap--IncomeStatementLocationAxis__custom--SalesTaxRefundsMember_pn3n3" style="text-align: right" title="Other income for the period">409</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--OtherOperatingIncome_c20190101__20190630__us-gaap--IncomeStatementLocationAxis__custom--SalesTaxRefundsMember_pn3n3" style="text-align: right" title="Other income for the period">431</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="padding-bottom: 1pt">Other</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--OtherOperatingIncome_pn3n3_d0_c20200401__20200630__us-gaap--IncomeStatementLocationAxis__us-gaap--OtherIncomeMember_ze6b8EV7Zl3j" style="border-bottom: Black 1pt solid; text-align: right" title="Other income for the period">–</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--OtherOperatingIncome_c20190401__20190630__us-gaap--IncomeStatementLocationAxis__us-gaap--OtherIncomeMember_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Other income for the period">6</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_eus-gaap--OtherOperatingIncome_c20200101__20200630__us-gaap--IncomeStatementLocationAxis__us-gaap--OtherIncomeMember_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Other income for the period">41</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_eus-gaap--OtherOperatingIncome_c20190101__20190630__us-gaap--IncomeStatementLocationAxis__us-gaap--OtherIncomeMember_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Other income for the period">71</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Other income for the period</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--OtherOperatingIncome_c20200401__20200630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Other income for the period">1,289</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--OtherOperatingIncome_c20190401__20190630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Other income for the period">1,876</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--OtherOperatingIncome_c20200101__20200630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Other income for the period">3,269</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--OtherOperatingIncome_c20190101__20190630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Other income for the period">4,261</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8A6_zqRGuwKbR15g" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"> </p> <table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--OtherIncomeTableTextBlock_pn3n3_zjQUsy00bHU8" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (1) Summary of Significant Accounting Policies (Details - Other income)"> <tr style="vertical-align: bottom"> <td> <span id="xdx_8BB_zISsRpVTHkEb" style="display: none">Schedule of other income</span></td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Three Months Ended</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Six Months Ended</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 40%; text-align: left">Direct mail revenues</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--OtherOperatingIncome_c20200401__20200630__us-gaap--IncomeStatementLocationAxis__custom--DirectMailRevenuesMember_pn3n3" style="width: 11%; text-align: right" title="Other income for the period">501</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--OtherOperatingIncome_c20190401__20190630__us-gaap--IncomeStatementLocationAxis__custom--DirectMailRevenuesMember_pn3n3" style="width: 11%; text-align: right" title="Other income for the period">1,051</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98E_eus-gaap--OtherOperatingIncome_c20200101__20200630__us-gaap--IncomeStatementLocationAxis__custom--DirectMailRevenuesMember_pn3n3" style="width: 11%; text-align: right" title="Other income for the period">1,684</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--OtherOperatingIncome_c20190101__20190630__us-gaap--IncomeStatementLocationAxis__custom--DirectMailRevenuesMember_pn3n3" style="width: 11%; text-align: right" title="Other income for the period">2,387</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Convenience fee revenue</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--OtherOperatingIncome_c20200401__20200630__us-gaap--IncomeStatementLocationAxis__custom--ConvenienceFeeMember_pn3n3" style="text-align: right" title="Other income for the period">530</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--OtherOperatingIncome_c20190401__20190630__us-gaap--IncomeStatementLocationAxis__custom--ConvenienceFeeMember_pn3n3" style="text-align: right" title="Other income for the period">570</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--OtherOperatingIncome_c20200101__20200630__us-gaap--IncomeStatementLocationAxis__custom--ConvenienceFeeMember_pn3n3" style="text-align: right" title="Other income for the period">1,060</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--OtherOperatingIncome_c20190101__20190630__us-gaap--IncomeStatementLocationAxis__custom--ConvenienceFeeMember_pn3n3" style="text-align: right" title="Other income for the period">1,270</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Recoveries on previously charged-off contracts</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--OtherOperatingIncome_c20200401__20200630__us-gaap--IncomeStatementLocationAxis__custom--RecoveriesMember_pn3n3" style="text-align: right" title="Other income for the period">50</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--OtherOperatingIncome_c20190401__20190630__us-gaap--IncomeStatementLocationAxis__custom--RecoveriesMember_pn3n3" style="text-align: right" title="Other income for the period">45</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--OtherOperatingIncome_c20200101__20200630__us-gaap--IncomeStatementLocationAxis__custom--RecoveriesMember_pn3n3" style="text-align: right" title="Other income for the period">75</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--OtherOperatingIncome_c20190101__20190630__us-gaap--IncomeStatementLocationAxis__custom--RecoveriesMember_pn3n3" style="text-align: right" title="Other income for the period">102</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Sales tax refunds</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--OtherOperatingIncome_c20200401__20200630__us-gaap--IncomeStatementLocationAxis__custom--SalesTaxRefundsMember_pn3n3" style="text-align: right" title="Other income for the period">208</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--OtherOperatingIncome_c20190401__20190630__us-gaap--IncomeStatementLocationAxis__custom--SalesTaxRefundsMember_pn3n3" style="text-align: right" title="Other income for the period">204</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--OtherOperatingIncome_c20200101__20200630__us-gaap--IncomeStatementLocationAxis__custom--SalesTaxRefundsMember_pn3n3" style="text-align: right" title="Other income for the period">409</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--OtherOperatingIncome_c20190101__20190630__us-gaap--IncomeStatementLocationAxis__custom--SalesTaxRefundsMember_pn3n3" style="text-align: right" title="Other income for the period">431</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="padding-bottom: 1pt">Other</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_987_eus-gaap--OtherOperatingIncome_pn3n3_d0_c20200401__20200630__us-gaap--IncomeStatementLocationAxis__us-gaap--OtherIncomeMember_ze6b8EV7Zl3j" style="border-bottom: Black 1pt solid; text-align: right" title="Other income for the period">–</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--OtherOperatingIncome_c20190401__20190630__us-gaap--IncomeStatementLocationAxis__us-gaap--OtherIncomeMember_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Other income for the period">6</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_eus-gaap--OtherOperatingIncome_c20200101__20200630__us-gaap--IncomeStatementLocationAxis__us-gaap--OtherIncomeMember_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Other income for the period">41</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_eus-gaap--OtherOperatingIncome_c20190101__20190630__us-gaap--IncomeStatementLocationAxis__us-gaap--OtherIncomeMember_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Other income for the period">71</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Other income for the period</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--OtherOperatingIncome_c20200401__20200630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Other income for the period">1,289</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--OtherOperatingIncome_c20190401__20190630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Other income for the period">1,876</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--OtherOperatingIncome_c20200101__20200630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Other income for the period">3,269</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--OtherOperatingIncome_c20190101__20190630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Other income for the period">4,261</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 501000 1051000 1684000 2387000 530000 570000 1060000 1270000 50000 45000 75000 102000 208000 204000 409000 431000 0 6000 41000 71000 1289000 1876000 3269000 4261000 <p id="xdx_847_eus-gaap--LesseeLeasesPolicyTextBlock_zcpM24dWchg6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><span id="xdx_862_zRMSVupnLI3f">Leases</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The Company has operating leases for corporate offices, equipment, software and hardware. The Company has entered into operating leases for the majority of its real estate locations, primarily office space. These leases are generally for periods of three to seven years with various renewal options. The depreciable life of leased assets is limited by the expected lease term. Leases with an initial term of 12 months or less are not recorded on the balance sheet and the related lease expense is recognized on a straight-line basis over the lease term.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"/> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">  </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The following table presents the supplemental balance sheet information related to leases:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"/> <table cellpadding="0" cellspacing="0" id="xdx_89C_ecustom--SupplementalBalanceSheetInformationRelatedToLeasesTableTextBlock_pn3n3_zfJfwJ7zRMhg" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (1) Summary of Significant Accounting Policies (Details - Supplemental balance sheet information related to leases)"> <tr style="vertical-align: bottom"> <td> <span id="xdx_8BA_z2FnhezMY5Yd" style="display: none">Supplemental balance sheet information related to leases</span></td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_498_20200630_zpgv0IbFPWth" style="font-weight: bold; text-align: center">June 30,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_491_20191231_z0brzaplXL02" style="font-weight: bold; text-align: center">December 31,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td> </td></tr> <tr id="xdx_40E_eus-gaap--LeasesOperatingAbstract_iB" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-weight: bold; text-align: left">Operating Leases</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_409_ecustom--OperatingLeaseRightOfUseAssetGross_i01I_pn3n3_maOLROUziLC_zFNIjTqPcS7g" style="vertical-align: bottom; background-color: White"> <td style="width: 70%; text-align: left">Operating lease right-of-use assets</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">23,735</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">23,735</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40C_ecustom--AccumulatedAmortizationRightofuseAssets_i01NI_pn3n3_di_msOLROUziLC_zGEvqNbMcRwa" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 1pt">Less: Accumulated amortization right-of-use assets</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(9,729</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(6,600</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40C_eus-gaap--OperatingLeaseRightOfUseAsset_i01TI_pn3n3_mtOLROUziLC_zHAteOsaqKa1" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Operating lease right-of-use assets, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">14,006</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">17,135</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--OperatingLeaseLiability_i01NI_pn3n3_di_zjcege80fRze" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Operating lease liabilities</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(15,308</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(18,527</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--FinanceLeasesAbstract_iB" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left">Finance Leases</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_407_ecustom--FinanceLeaseRightOfUseAssetAtCost_i01I_pn3n3_maFLROUzJAy_zIKZnoS2Dydd" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Property and equipment, at cost</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">3,224</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">876</td><td style="text-align: left"> </td></tr> <tr id="xdx_401_ecustom--FinanceLeaseRightOfUseAssetAccumulatedDepreciation_i01NI_pn3n3_di_msFLROUzJAy_zUHvoG9his7h" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Less: Accumulated depreciation</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(672</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(150</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_409_eus-gaap--FinanceLeaseRightOfUseAsset_i01TI_pn3n3_mtFLROUzJAy_ztctc9qIVJDd" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 2.5pt">Property and equipment, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2,552</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">726</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--FinanceLeaseLiability_iNI_pn3n3_di_zJeBjBKPdFBb" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Finance lease liabilities</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(2,586</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(718</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-weight: bold">Weighted Average Discount Rate</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--OperatingLeaseWeightedAverageDiscountRatePercent_iI_pii_dp_z5DtS8DAdZFe" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Operating lease</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5.0</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5.0</td><td style="text-align: left">%</td></tr> <tr id="xdx_409_eus-gaap--FinanceLeaseWeightedAverageDiscountRatePercent_iI_pii_dp_zgRDW6Pa4Fd9" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Finance lease</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6.6</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6.4</td><td style="text-align: left">%</td></tr> </table> <p id="xdx_8A8_zWP1m3WtxFX3" style="margin: 0"> </p> <p style="margin: 0"><span style="font: 10pt Times New Roman, Times, Serif"><b>Maturities of lease liabilities were as follows:</b></span></p> <table cellpadding="0" cellspacing="0" id="xdx_89B_eus-gaap--LesseeOperatingLeaseLiabilityMaturityTableTextBlock_pn3n3_zzVsmqOdKDy" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (1) Summary of Significant Accounting Policies (Details - Maturities of lease liabilities)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"> <span id="xdx_8B6_zRGDQrrzOMQj" style="display: none">Maturities of leases</span></td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td>(In thousands)</td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Operating</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Finance</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt">Year Ending December 31,</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Lease</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Lease</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 70%">2020 (excluding the six months ended June 30, 2020)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear_c20200630_pn3n3" style="width: 11%; text-align: right" title="2020">3,903</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_eus-gaap--FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear_c20200630_pn3n3" style="width: 11%; text-align: right" title="2020">587</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">2021</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--OperatingLeasesFutureMinimumPaymentsDueInTwoYears_c20200630_pn3n3" style="text-align: right" title="2021">7,458</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--FinanceLeaseLiabilityPaymentsDueYearTwo_c20200630_pn3n3" style="text-align: right" title="2021">1,170</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">2022</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--OperatingLeasesFutureMinimumPaymentsDueInThreeYears_c20200630_pn3n3" style="text-align: right" title="2022">6,066</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--FinanceLeaseLiabilityPaymentsDueYearThree_c20200630_pn3n3" style="text-align: right" title="2022">992</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">2023</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--OperatingLeasesFutureMinimumPaymentsDueInFourYears_c20200630_pn3n3" style="text-align: right" title="2023">1,397</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--FinanceLeaseLiabilityPaymentsDueYearFour_c20200630_pn3n3" style="text-align: right" title="2023">42</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">2024</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--OperatingLeasesFutureMinimumPaymentsDueInFiveYears_c20200630_pn3n3" style="text-align: right" title="2024">419</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--FinanceLeaseLiabilityPaymentsDueYearFive_c20200630_pn3n3" style="text-align: right" title="2024">14</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Thereafter</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--OperatingLeasesFutureMinimumPaymentsDueThereafter_c20200630_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Thereafter">282</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--FinanceLeaseLiabilityPaymentsDueAfterYearFive_iI_pn3n3_d0_c20200630_zCEqpN0RxoV8" style="border-bottom: Black 1pt solid; text-align: right" title="Thereafter">–</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Total undiscounted lease payments</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--OperatingLeasesFutureMinimumPaymentsDue_c20200630_pn3n3" style="text-align: right" title="Total undiscounted lease payments">19,525</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--FinanceLeaseLiabilityPaymentsDue_c20200630_pn3n3" style="text-align: right" title="Total undiscounted lease payments">2,805</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Less amounts representing interest</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_ecustom--OperatingLeasesFutureMinimumPaymentsDueInterest_c20200630_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Less amounts representing interest">(4,524</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--LesseeOperatingLeaseLiabilityUndiscountedExcessAmount_iNI_pn3n3_di_c20200630_zhdcChEZw207" style="border-bottom: Black 1pt solid; text-align: right" title="Less amounts representing interest">(219</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 2.5pt">Lease Liability</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_981_eus-gaap--OperatingLeaseLiability_c20200630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Lease Liability">15,308</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--FinanceLeaseLiability_c20200630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Lease Liability">2,586</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8AB_zOJH5V49Pfle" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"/> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The following table presents the lease expense included in General and administrative and Occupancy expense on our Unaudited Condensed Consolidated Statement of Operations:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89A_eus-gaap--LeaseCostTableTextBlock_pn3n3_ztUbyLbXImE7" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (1) Summary of Significant Accounting Policies (Details - Lease cost)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt"><span id="xdx_8B0_zMcG0gDPtva4" style="display: none">Lease information</span></td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td id="xdx_49D_20200401__20200630_ztHUETWhkvcf" style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td id="xdx_49A_20190401__20190630_z8aMtMGsm3Dh" style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td id="xdx_49C_20200101__20200630_z05Wj60FjV9i" style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td id="xdx_493_20190101__20190630_zR8H1mJCe85a" style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Three Months Ended</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Six Months Ended</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td></tr> <tr id="xdx_40E_eus-gaap--OperatingLeaseCost_maLCzFPz_z4ggqPwfmANi" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 40%; text-align: left">Operating lease cost</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">1,885</td><td style="width: 1%; text-align: left"/><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">1,886</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">3,769</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">3,775</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_404_ecustom--FinanceLeaseCost_maLCzFPz_z6c6cCqwJ6Pa" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Finance lease cost</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">293</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">44</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">572</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">44</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--LeaseCost_iT_pn3n3_mtLCzFPz_zL16RtyKx7c8" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 2.5pt">Total lease cost</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2,178</td><td style="padding-bottom: 2.5pt; text-align: left"/><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,930</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,341</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">3,819</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8AE_zIsZniLNMk72" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The following table presents the supplemental cash flow information related to leases:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"/> <table cellpadding="0" cellspacing="0" id="xdx_89C_eus-gaap--ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock_pn3n3_z5HdMDbKObhh" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (1) Summary of Significant Accounting Policies (Details - Cash flow)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"><span id="xdx_8B6_ztOoHKuvVVq8" style="display: none">Supplemental cash flow information related to leases</span></td><td> </td> <td style="text-align: left"> </td><td id="xdx_497_20200401__20200630_z2PAEoMEziZi" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_493_20190401__20190630_zNjroaEr549a" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_49F_20200101__20200630_zY6Z3TZUd6F2" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_494_20190101__20190630_zL0N8RBgtvsg" style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Three Months Ended</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Six Months Ended</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_405_ecustom--CashPaidForAmountsIncludedInMeasurementOfLeaseLiabilitiesAbstract_iB" style="vertical-align: bottom"> <td style="font-weight: bold">Cash paid for amounts included in the measurement of lease liabilities:</td><td style="font-weight: bold"> </td> <td colspan="6" style="vertical-align: top; font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="vertical-align: top; font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td></tr> <tr id="xdx_40B_eus-gaap--OperatingLeasePayments_i01_pn3n3" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 40%; text-align: left">Operating cash flows from operating leases</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">1,932</td><td style="width: 1%; text-align: left"/><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">1,890</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">3,858</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">3,776</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--FinanceLeasePrincipalPayments_i01_pn3n3" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Operating cash flows from finance leases</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">248</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">36</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">481</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">36</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_ecustom--FinancingCashFlowsFromFinanceLeases_i01_pn3n3" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Financing cash flows from finance leases</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">45</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">8</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">91</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">8</td><td style="text-align: left"> </td></tr> </table> <p id="xdx_8AB_z5Pu7gHgk2V5" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" id="xdx_89C_ecustom--SupplementalBalanceSheetInformationRelatedToLeasesTableTextBlock_pn3n3_zfJfwJ7zRMhg" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (1) Summary of Significant Accounting Policies (Details - Supplemental balance sheet information related to leases)"> <tr style="vertical-align: bottom"> <td> <span id="xdx_8BA_z2FnhezMY5Yd" style="display: none">Supplemental balance sheet information related to leases</span></td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_498_20200630_zpgv0IbFPWth" style="font-weight: bold; text-align: center">June 30,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_491_20191231_z0brzaplXL02" style="font-weight: bold; text-align: center">December 31,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td> </td></tr> <tr id="xdx_40E_eus-gaap--LeasesOperatingAbstract_iB" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-weight: bold; text-align: left">Operating Leases</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_409_ecustom--OperatingLeaseRightOfUseAssetGross_i01I_pn3n3_maOLROUziLC_zFNIjTqPcS7g" style="vertical-align: bottom; background-color: White"> <td style="width: 70%; text-align: left">Operating lease right-of-use assets</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">23,735</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">23,735</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40C_ecustom--AccumulatedAmortizationRightofuseAssets_i01NI_pn3n3_di_msOLROUziLC_zGEvqNbMcRwa" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 1pt">Less: Accumulated amortization right-of-use assets</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(9,729</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(6,600</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_40C_eus-gaap--OperatingLeaseRightOfUseAsset_i01TI_pn3n3_mtOLROUziLC_zHAteOsaqKa1" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Operating lease right-of-use assets, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">14,006</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">17,135</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--OperatingLeaseLiability_i01NI_pn3n3_di_zjcege80fRze" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Operating lease liabilities</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(15,308</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(18,527</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_ecustom--FinanceLeasesAbstract_iB" style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: left">Finance Leases</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_407_ecustom--FinanceLeaseRightOfUseAssetAtCost_i01I_pn3n3_maFLROUzJAy_zIKZnoS2Dydd" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Property and equipment, at cost</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">3,224</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">876</td><td style="text-align: left"> </td></tr> <tr id="xdx_401_ecustom--FinanceLeaseRightOfUseAssetAccumulatedDepreciation_i01NI_pn3n3_di_msFLROUzJAy_zUHvoG9his7h" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Less: Accumulated depreciation</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(672</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(150</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr id="xdx_409_eus-gaap--FinanceLeaseRightOfUseAsset_i01TI_pn3n3_mtFLROUzJAy_ztctc9qIVJDd" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 2.5pt">Property and equipment, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2,552</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">726</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--FinanceLeaseLiability_iNI_pn3n3_di_zJeBjBKPdFBb" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Finance lease liabilities</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(2,586</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(718</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-weight: bold">Weighted Average Discount Rate</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--OperatingLeaseWeightedAverageDiscountRatePercent_iI_pii_dp_z5DtS8DAdZFe" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Operating lease</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5.0</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5.0</td><td style="text-align: left">%</td></tr> <tr id="xdx_409_eus-gaap--FinanceLeaseWeightedAverageDiscountRatePercent_iI_pii_dp_zgRDW6Pa4Fd9" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Finance lease</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6.6</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6.4</td><td style="text-align: left">%</td></tr> </table> 23735000 23735000 9729000 6600000 14006000 17135000 15308000 18527000 3224000 876000 672000 150000 2552000 726000 2586000 718000 0.050 0.050 0.066 0.064 <table cellpadding="0" cellspacing="0" id="xdx_89B_eus-gaap--LesseeOperatingLeaseLiabilityMaturityTableTextBlock_pn3n3_zzVsmqOdKDy" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (1) Summary of Significant Accounting Policies (Details - Maturities of lease liabilities)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"> <span id="xdx_8B6_zRGDQrrzOMQj" style="display: none">Maturities of leases</span></td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td>(In thousands)</td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Operating</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Finance</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt">Year Ending December 31,</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Lease</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Lease</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 70%">2020 (excluding the six months ended June 30, 2020)</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_982_eus-gaap--OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear_c20200630_pn3n3" style="width: 11%; text-align: right" title="2020">3,903</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_eus-gaap--FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear_c20200630_pn3n3" style="width: 11%; text-align: right" title="2020">587</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">2021</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--OperatingLeasesFutureMinimumPaymentsDueInTwoYears_c20200630_pn3n3" style="text-align: right" title="2021">7,458</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--FinanceLeaseLiabilityPaymentsDueYearTwo_c20200630_pn3n3" style="text-align: right" title="2021">1,170</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">2022</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--OperatingLeasesFutureMinimumPaymentsDueInThreeYears_c20200630_pn3n3" style="text-align: right" title="2022">6,066</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--FinanceLeaseLiabilityPaymentsDueYearThree_c20200630_pn3n3" style="text-align: right" title="2022">992</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">2023</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--OperatingLeasesFutureMinimumPaymentsDueInFourYears_c20200630_pn3n3" style="text-align: right" title="2023">1,397</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--FinanceLeaseLiabilityPaymentsDueYearFour_c20200630_pn3n3" style="text-align: right" title="2023">42</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">2024</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--OperatingLeasesFutureMinimumPaymentsDueInFiveYears_c20200630_pn3n3" style="text-align: right" title="2024">419</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--FinanceLeaseLiabilityPaymentsDueYearFive_c20200630_pn3n3" style="text-align: right" title="2024">14</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Thereafter</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--OperatingLeasesFutureMinimumPaymentsDueThereafter_c20200630_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Thereafter">282</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_eus-gaap--FinanceLeaseLiabilityPaymentsDueAfterYearFive_iI_pn3n3_d0_c20200630_zCEqpN0RxoV8" style="border-bottom: Black 1pt solid; text-align: right" title="Thereafter">–</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Total undiscounted lease payments</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--OperatingLeasesFutureMinimumPaymentsDue_c20200630_pn3n3" style="text-align: right" title="Total undiscounted lease payments">19,525</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--FinanceLeaseLiabilityPaymentsDue_c20200630_pn3n3" style="text-align: right" title="Total undiscounted lease payments">2,805</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Less amounts representing interest</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_984_ecustom--OperatingLeasesFutureMinimumPaymentsDueInterest_c20200630_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Less amounts representing interest">(4,524</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--LesseeOperatingLeaseLiabilityUndiscountedExcessAmount_iNI_pn3n3_di_c20200630_zhdcChEZw207" style="border-bottom: Black 1pt solid; text-align: right" title="Less amounts representing interest">(219</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 2.5pt">Lease Liability</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_981_eus-gaap--OperatingLeaseLiability_c20200630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Lease Liability">15,308</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--FinanceLeaseLiability_c20200630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Lease Liability">2,586</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 3903000 587000 7458000 1170000 6066000 992000 1397000 42000 419000 14000 282000 0 19525000 2805000 -4524000 219000 15308000 2586000 <table cellpadding="0" cellspacing="0" id="xdx_89A_eus-gaap--LeaseCostTableTextBlock_pn3n3_ztUbyLbXImE7" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (1) Summary of Significant Accounting Policies (Details - Lease cost)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt"><span id="xdx_8B0_zMcG0gDPtva4" style="display: none">Lease information</span></td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td id="xdx_49D_20200401__20200630_ztHUETWhkvcf" style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td id="xdx_49A_20190401__20190630_z8aMtMGsm3Dh" style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td id="xdx_49C_20200101__20200630_z05Wj60FjV9i" style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td id="xdx_493_20190101__20190630_zR8H1mJCe85a" style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Three Months Ended</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Six Months Ended</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td></tr> <tr id="xdx_40E_eus-gaap--OperatingLeaseCost_maLCzFPz_z4ggqPwfmANi" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 40%; text-align: left">Operating lease cost</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">1,885</td><td style="width: 1%; text-align: left"/><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">1,886</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">3,769</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">3,775</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_404_ecustom--FinanceLeaseCost_maLCzFPz_z6c6cCqwJ6Pa" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Finance lease cost</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">293</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">44</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">572</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">44</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--LeaseCost_iT_pn3n3_mtLCzFPz_zL16RtyKx7c8" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 2.5pt">Total lease cost</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2,178</td><td style="padding-bottom: 2.5pt; text-align: left"/><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,930</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,341</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">3,819</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 1885000 1886000 3769000 3775000 293000 44000 572000 44000 2178000 1930000 4341000 3819000 <table cellpadding="0" cellspacing="0" id="xdx_89C_eus-gaap--ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock_pn3n3_z5HdMDbKObhh" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (1) Summary of Significant Accounting Policies (Details - Cash flow)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"><span id="xdx_8B6_ztOoHKuvVVq8" style="display: none">Supplemental cash flow information related to leases</span></td><td> </td> <td style="text-align: left"> </td><td id="xdx_497_20200401__20200630_z2PAEoMEziZi" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_493_20190401__20190630_zNjroaEr549a" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_49F_20200101__20200630_zY6Z3TZUd6F2" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_494_20190101__20190630_zL0N8RBgtvsg" style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Three Months Ended</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Six Months Ended</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_405_ecustom--CashPaidForAmountsIncludedInMeasurementOfLeaseLiabilitiesAbstract_iB" style="vertical-align: bottom"> <td style="font-weight: bold">Cash paid for amounts included in the measurement of lease liabilities:</td><td style="font-weight: bold"> </td> <td colspan="6" style="vertical-align: top; font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="vertical-align: top; font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td></tr> <tr id="xdx_40B_eus-gaap--OperatingLeasePayments_i01_pn3n3" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 40%; text-align: left">Operating cash flows from operating leases</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">1,932</td><td style="width: 1%; text-align: left"/><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">1,890</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">3,858</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">3,776</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--FinanceLeasePrincipalPayments_i01_pn3n3" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Operating cash flows from finance leases</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">248</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">36</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">481</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">36</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_ecustom--FinancingCashFlowsFromFinanceLeases_i01_pn3n3" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Financing cash flows from finance leases</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">45</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">8</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">91</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">8</td><td style="text-align: left"> </td></tr> </table> 1932000 1890000 3858000 3776000 248000 36000 481000 36000 45000 8000 91000 8000 <p id="xdx_847_eus-gaap--ShareBasedCompensationOptionAndIncentivePlansPolicy_z5iUQ8Wpag55" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><span id="xdx_869_za5nuWSa5nya">Stock-based Compensation</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">We recognize compensation costs in the financial statements for all share-based payments based on the grant date fair value estimated in accordance with the provisions of ASC 718 “Stock Compensation”.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">For the three and six months ended June 30, 2020, we recorded stock-based compensation costs in the amount of $<span id="xdx_901_eus-gaap--ShareBasedCompensation_pn3p0_c20200401__20200630_zvDsIJzwnnK2" title="Stock-based compensation"><span title="Stock-based compensation">412,000</span></span> and $<span id="xdx_90A_eus-gaap--ShareBasedCompensation_pn3p0_c20200101__20200630_zYCePgR9iPL7" title="Stock-based compensation">898,000</span>, respectively. These stock-based compensation costs were $<span id="xdx_904_eus-gaap--ShareBasedCompensation_pn3p0_c20190401__20190630_zOelNVKqyAF2" title="Stock-based compensation">481,000</span> and $<span title="Stock-based compensation">1.1</span> million <span id="xdx_908_eus-gaap--ShareBasedCompensation_pn3n3_c20190101__20190630_zrzCF9xpPD62" style="display: none">1,119</span> for the three and six months ended June 30, 2019. As of June 30, 2020, unrecognized stock-based compensation costs to be recognized over future periods equaled $<span id="xdx_90E_eus-gaap--EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions_iI_pn3n3_dm_c20200630_zAdRems3BLRl" title="Unrecognized stock-based compensation costs">4.2</span> million. This amount will be recognized as expense over a weighted-average period of <span id="xdx_904_eus-gaap--EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_dtY_c20200101__20200630_zBoYVVgy75bg" title="Weighted-average period for unrecognized costs">2.6</span> years.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The following represents stock option activity for the six months ended June 30, 2020:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" id="xdx_898_eus-gaap--ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_pn3n3_zvPK8lv9JAi5" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%" summary="xdx: Disclosure - (1) Summary of Significant Accounting Policies (Details - Option activity)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8B1_zpTsKWBXIxog"><span id="xdx_8B2_zDsDigvkowz9" style="display: none">Schedule of stock option activity</span></span></td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Number of Shares (in thousands)</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Weighted Average Exercise Price</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Weighted Average Remaining Contractual Term</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 45%; text-align: left">Options outstanding at the beginning of period</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_983_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iS_pip0_c20191231__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zzFbXQ4Xo5xg" style="width: 11%; text-align: right" title="Options outstanding at the beginning of period">15,348</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iS_pii_c20191231__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zsUmfqld26Ek" style="width: 11%; text-align: right" title="Options outstanding at the beginning of period">4.59</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: center"> </td><td style="width: 11%; text-align: center"> N/A </td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>   Granted</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_pip0_c20200101__20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zmLx80JaSBBa" style="text-align: right" title="Granted">1,600</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_c20200101__20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_pii" style="text-align: right" title="Granted">2.47</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center"> </td><td style="text-align: center"> N/A </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>   Exercised</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_iN_pip0_di_c20200101__20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zDECjpZAfxAg" style="text-align: right" title="Exercised">(256</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_c20200101__20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_pii" style="text-align: right" title="Exercised">1.76</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center"> </td><td style="text-align: center"> N/A </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">   Forfeited</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_iN_pip0_di_c20200101__20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zj3W177wyRtb" style="border-bottom: Black 1pt solid; text-align: right" title="Forfeited/Expired">(164</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td id="xdx_98A_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice_c20200101__20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_pii" style="padding-bottom: 1pt; text-align: right" title="Forfeited/Expired">5.48</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: center"> </td><td style="padding-bottom: 1pt; text-align: center"> N/A </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 2.5pt">Options outstanding at the end of period</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_989_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iI_pip0_c20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_z8eZYQDCYreg" style="border-bottom: Black 2.5pt double; text-align: right" title="Options outstanding at the end of period">16,528</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iE_pii_c20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zFceHE8ZnFC6" style="border-bottom: Black 2.5pt double; text-align: right" title="Options outstanding at the end of period">4.42</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: center"> </td><td style="border-bottom: Black 2.5pt double; text-align: center" title="Weighted average remaining contractual term, end of period"> <span id="xdx_904_eus-gaap--SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2_dtY_c20200101__20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_z5M9PJV5mhei" title="Weighted average remaining contractual term, end of period">3.31</span> years </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: center"> </td><td style="text-align: center"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 2.5pt">Options exercisable at the end of period</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_iI_pip0_c20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zrLxRZwk8grf" style="border-bottom: Black 2.5pt double; text-align: right" title="Options exercisable at the end of period">12,535</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_c20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_pii" style="border-bottom: Black 2.5pt double; text-align: right" title="Options exercisable at the end of period">4.81</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: center"> </td><td style="border-bottom: Black 2.5pt double; text-align: center" title="Weighted average remaining contractual term, exercisable at the end of period"> <span id="xdx_908_eus-gaap--SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2_dtY_c20200101__20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zY2QnYdBU4mj" title=" Weighted average remaining contractual term, exercisable at the end of period">2.45</span> years </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8AD_zCFaadUSeBUc" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"/> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">At June 30, 2020, the aggregate intrinsic value of options outstanding and exercisable was $<span id="xdx_90C_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_iI_pn3n3_dm_c20200630_zR4eanDzs6D8" title="Intrinsic value options outstanding">3.5</span> million and $<span id="xdx_90D_eus-gaap--SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_iI_pn3n3_dm_c20200630_zwAZnD9VUsGj" title="Intrinsic value of options exercisable">3.0</span> million, respectively. There were <span id="xdx_902_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_pip0_c20200101__20200630_zpXyPTsFmTNe" title="Options exercised">256,600</span> options exercised for the six months ended June 30, 2020 compared to <span id="xdx_909_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_pip0_c20190101__20190630_zhhTEd7mEQQc">482,500</span> for the comparable period in 2019. The total intrinsic value of options exercised was $<span id="xdx_904_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_pn3p0_c20200101__20200630_z4BoCXfbCNb8" title="Intrinsic value of options exercised">285,000</span> and $<span id="xdx_90E_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_pn3n3_dm_c20190101__20190630_z4E8p14v97L7" title="Intrinsic value of options exercised">1.4</span> million for the six-month periods ended June 30, 2020 and 2019. There were <span id="xdx_904_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_iI_pii_c20200630_zX6ObspA8o5e" title="Shares available for grant">21,000</span> shares available for future stock option grants under existing plans as of June 30, 2020.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> 412000 898000 481000 1119000 4200000 P2Y7M6D <table cellpadding="0" cellspacing="0" id="xdx_898_eus-gaap--ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_pn3n3_zvPK8lv9JAi5" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 90%" summary="xdx: Disclosure - (1) Summary of Significant Accounting Policies (Details - Option activity)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8B1_zpTsKWBXIxog"><span id="xdx_8B2_zDsDigvkowz9" style="display: none">Schedule of stock option activity</span></span></td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Number of Shares (in thousands)</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Weighted Average Exercise Price</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Weighted Average Remaining Contractual Term</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 45%; text-align: left">Options outstanding at the beginning of period</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_983_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iS_pip0_c20191231__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zzFbXQ4Xo5xg" style="width: 11%; text-align: right" title="Options outstanding at the beginning of period">15,348</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iS_pii_c20191231__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zsUmfqld26Ek" style="width: 11%; text-align: right" title="Options outstanding at the beginning of period">4.59</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: center"> </td><td style="width: 11%; text-align: center"> N/A </td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>   Granted</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_pip0_c20200101__20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zmLx80JaSBBa" style="text-align: right" title="Granted">1,600</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_c20200101__20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_pii" style="text-align: right" title="Granted">2.47</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center"> </td><td style="text-align: center"> N/A </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>   Exercised</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_iN_pip0_di_c20200101__20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zDECjpZAfxAg" style="text-align: right" title="Exercised">(256</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_c20200101__20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_pii" style="text-align: right" title="Exercised">1.76</td><td style="text-align: left"> </td><td> </td> <td style="text-align: center"> </td><td style="text-align: center"> N/A </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">   Forfeited</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_iN_pip0_di_c20200101__20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zj3W177wyRtb" style="border-bottom: Black 1pt solid; text-align: right" title="Forfeited/Expired">(164</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td id="xdx_98A_eus-gaap--ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice_c20200101__20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_pii" style="padding-bottom: 1pt; text-align: right" title="Forfeited/Expired">5.48</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: center"> </td><td style="padding-bottom: 1pt; text-align: center"> N/A </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 2.5pt">Options outstanding at the end of period</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_989_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_iI_pip0_c20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_z8eZYQDCYreg" style="border-bottom: Black 2.5pt double; text-align: right" title="Options outstanding at the end of period">16,528</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_iE_pii_c20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zFceHE8ZnFC6" style="border-bottom: Black 2.5pt double; text-align: right" title="Options outstanding at the end of period">4.42</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: center"> </td><td style="border-bottom: Black 2.5pt double; text-align: center" title="Weighted average remaining contractual term, end of period"> <span id="xdx_904_eus-gaap--SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2_dtY_c20200101__20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_z5M9PJV5mhei" title="Weighted average remaining contractual term, end of period">3.31</span> years </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: center"> </td><td style="text-align: center"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 2.5pt">Options exercisable at the end of period</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_985_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_iI_pip0_c20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zrLxRZwk8grf" style="border-bottom: Black 2.5pt double; text-align: right" title="Options exercisable at the end of period">12,535</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_c20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_pii" style="border-bottom: Black 2.5pt double; text-align: right" title="Options exercisable at the end of period">4.81</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: center"> </td><td style="border-bottom: Black 2.5pt double; text-align: center" title="Weighted average remaining contractual term, exercisable at the end of period"> <span id="xdx_908_eus-gaap--SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2_dtY_c20200101__20200630__us-gaap--AwardTypeAxis__us-gaap--StockOptionMember_zY2QnYdBU4mj" title=" Weighted average remaining contractual term, exercisable at the end of period">2.45</span> years </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 15348 4.59 1600 2.47 256 1.76 164 5.48 16528 4.42 P3Y3M21D 12535 4.81 P2Y5M12D 3500000 3000000.0 256600 482500 285000 1400000 21000 <p id="xdx_847_eus-gaap--StockholdersEquityPolicyTextBlock_z5ZLHh0GfVki" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><span id="xdx_868_zcBhUuVBBXY5">Purchases of Company Stock</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The table below describes the purchase of our common stock for the six-month ended June 30, 2020 and 2019:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"/> <table cellpadding="0" cellspacing="0" id="xdx_894_eus-gaap--ScheduleOfTreasuryStockByClassTextBlock_pn3n3_zwSa482hNhS5" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (1) Summary of Significant Accounting Policies (Details - Stock purchases)"> <tr style="vertical-align: bottom"> <td> <span id="xdx_8BA_zaG6bal2FjM" style="display: none">Schedule of purchases of company stock</span></td><td style="font-weight: bold"> </td> <td colspan="14" style="font-weight: bold; text-align: center">Six Months Ended</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30, 2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30, 2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Shares</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Avg. Price</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Shares</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Avg. Price</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 40%; text-align: left">Open market purchases</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_982_eus-gaap--StockRepurchasedDuringPeriodShares_c20200101__20200630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--OpenMarketPurchasesMember_pii" style="width: 11%; text-align: right" title="Total stock purchases, shares">25,113</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--TreasuryStockAcquiredAverageCostPerShare_c20200101__20200630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--OpenMarketPurchasesMember_pii" style="width: 11%; text-align: right" title="Total stock purchases, average price per share">2.85</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98D_eus-gaap--StockRepurchasedDuringPeriodShares_c20190101__20190630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--OpenMarketPurchasesMember_pii" style="width: 11%; text-align: right" title="Total stock purchases, shares">335,546</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--TreasuryStockAcquiredAverageCostPerShare_c20190101__20190630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--OpenMarketPurchasesMember_pii" style="width: 11%; text-align: right" title="Total stock purchases, average price per share">3.95</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Shares redeemed upon net exercise of stock options</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--StockRepurchasedDuringPeriodShares_c20200101__20200630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--SharesRedeemedMember_pii" style="text-align: right" title="Total stock purchases, shares">46,909</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--TreasuryStockAcquiredAverageCostPerShare_c20200101__20200630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--SharesRedeemedMember_pii" style="text-align: right" title="Total stock purchases, average price per share">2.86</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--StockRepurchasedDuringPeriodShares_c20190101__20190630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--SharesRedeemedMember_pii" style="text-align: right" title="Total stock purchases, shares">18,424</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--TreasuryStockAcquiredAverageCostPerShare_c20190101__20190630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--SharesRedeemedMember_pii" style="text-align: right" title="Total stock purchases, average price per share">3.76</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 1pt">Other purchases</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_eus-gaap--StockRepurchasedDuringPeriodShares_pii_d0_c20200101__20200630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--OtherRepurchasesMember_zAf30wpV9cE4" style="border-bottom: Black 1pt solid; text-align: right" title="Total stock purchases, shares">–</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--TreasuryStockAcquiredAverageCostPerShare_pii_d0_c20200101__20200630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--OtherRepurchasesMember_zOFI3ZhrcWE7" style="border-bottom: Black 1pt solid; text-align: right" title="Total stock purchases, average price per share">–</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--StockRepurchasedDuringPeriodShares_c20190101__20190630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--OtherRepurchasesMember_pii" style="border-bottom: Black 1pt solid; text-align: right" title="Total stock purchases, shares">24,500</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--TreasuryStockAcquiredAverageCostPerShare_c20190101__20190630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--OtherRepurchasesMember_pii" style="border-bottom: Black 1pt solid; text-align: right" title="Total stock purchases, average price per share">4.20</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Total stock purchases</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_980_eus-gaap--StockRepurchasedDuringPeriodShares_c20200101__20200630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember_pii" style="border-bottom: Black 2.5pt double; text-align: right" title="Total stock purchases, shares">72,022</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--TreasuryStockAcquiredAverageCostPerShare_c20200101__20200630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember_pii" style="border-bottom: Black 2.5pt double; text-align: right" title="Total stock purchases, average price per share">2.85</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_983_eus-gaap--StockRepurchasedDuringPeriodShares_c20190101__20190630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember_pii" style="border-bottom: Black 2.5pt double; text-align: right" title="Total stock purchases, shares">378,470</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--TreasuryStockAcquiredAverageCostPerShare_c20190101__20190630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember_pii" style="border-bottom: Black 2.5pt double; text-align: right" title="Total stock purchases, average price per share">3.97</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8AB_zDIBFNYAtnwf" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_894_eus-gaap--ScheduleOfTreasuryStockByClassTextBlock_pn3n3_zwSa482hNhS5" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (1) Summary of Significant Accounting Policies (Details - Stock purchases)"> <tr style="vertical-align: bottom"> <td> <span id="xdx_8BA_zaG6bal2FjM" style="display: none">Schedule of purchases of company stock</span></td><td style="font-weight: bold"> </td> <td colspan="14" style="font-weight: bold; text-align: center">Six Months Ended</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30, 2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30, 2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Shares</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Avg. Price</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Shares</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Avg. Price</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 40%; text-align: left">Open market purchases</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_982_eus-gaap--StockRepurchasedDuringPeriodShares_c20200101__20200630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--OpenMarketPurchasesMember_pii" style="width: 11%; text-align: right" title="Total stock purchases, shares">25,113</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98A_eus-gaap--TreasuryStockAcquiredAverageCostPerShare_c20200101__20200630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--OpenMarketPurchasesMember_pii" style="width: 11%; text-align: right" title="Total stock purchases, average price per share">2.85</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98D_eus-gaap--StockRepurchasedDuringPeriodShares_c20190101__20190630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--OpenMarketPurchasesMember_pii" style="width: 11%; text-align: right" title="Total stock purchases, shares">335,546</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--TreasuryStockAcquiredAverageCostPerShare_c20190101__20190630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--OpenMarketPurchasesMember_pii" style="width: 11%; text-align: right" title="Total stock purchases, average price per share">3.95</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Shares redeemed upon net exercise of stock options</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--StockRepurchasedDuringPeriodShares_c20200101__20200630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--SharesRedeemedMember_pii" style="text-align: right" title="Total stock purchases, shares">46,909</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--TreasuryStockAcquiredAverageCostPerShare_c20200101__20200630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--SharesRedeemedMember_pii" style="text-align: right" title="Total stock purchases, average price per share">2.86</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--StockRepurchasedDuringPeriodShares_c20190101__20190630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--SharesRedeemedMember_pii" style="text-align: right" title="Total stock purchases, shares">18,424</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--TreasuryStockAcquiredAverageCostPerShare_c20190101__20190630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--SharesRedeemedMember_pii" style="text-align: right" title="Total stock purchases, average price per share">3.76</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 1pt">Other purchases</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_eus-gaap--StockRepurchasedDuringPeriodShares_pii_d0_c20200101__20200630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--OtherRepurchasesMember_zAf30wpV9cE4" style="border-bottom: Black 1pt solid; text-align: right" title="Total stock purchases, shares">–</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--TreasuryStockAcquiredAverageCostPerShare_pii_d0_c20200101__20200630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--OtherRepurchasesMember_zOFI3ZhrcWE7" style="border-bottom: Black 1pt solid; text-align: right" title="Total stock purchases, average price per share">–</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--StockRepurchasedDuringPeriodShares_c20190101__20190630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--OtherRepurchasesMember_pii" style="border-bottom: Black 1pt solid; text-align: right" title="Total stock purchases, shares">24,500</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--TreasuryStockAcquiredAverageCostPerShare_c20190101__20190630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShareRepurchaseProgramAxis__custom--OtherRepurchasesMember_pii" style="border-bottom: Black 1pt solid; text-align: right" title="Total stock purchases, average price per share">4.20</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Total stock purchases</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_980_eus-gaap--StockRepurchasedDuringPeriodShares_c20200101__20200630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember_pii" style="border-bottom: Black 2.5pt double; text-align: right" title="Total stock purchases, shares">72,022</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_982_eus-gaap--TreasuryStockAcquiredAverageCostPerShare_c20200101__20200630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember_pii" style="border-bottom: Black 2.5pt double; text-align: right" title="Total stock purchases, average price per share">2.85</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td id="xdx_983_eus-gaap--StockRepurchasedDuringPeriodShares_c20190101__20190630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember_pii" style="border-bottom: Black 2.5pt double; text-align: right" title="Total stock purchases, shares">378,470</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--TreasuryStockAcquiredAverageCostPerShare_c20190101__20190630__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember_pii" style="border-bottom: Black 2.5pt double; text-align: right" title="Total stock purchases, average price per share">3.97</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 25113 2.85 335546 3.95 46909 2.86 18424 3.76 0 0 24500 4.20 72022 2.85 378470 3.97 <p id="xdx_845_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zBVVBStNF47l" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><span id="xdx_865_zFQ3r0HHZWu5">Reclassifications</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Some items in the prior year financial statements were reclassified to conform to the current presentation. Reclassifications had no effect on net income or shareholders’ equity.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p id="xdx_84E_ecustom--FinancialCovenantsPolicyTextBlock_zGYzdCA8lfii" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><span id="xdx_86D_zRPfnr6W10W1">Financial Covenants </span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.1in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Certain of our securitization transactions, our warehouse credit facilities and our residual interest financing contain various financial covenants requiring minimum financial ratios and results. Such covenants include maintaining minimum levels of liquidity and net worth and not exceeding maximum leverage levels. As of June 30, 2020, we were in compliance with all such covenants. In addition, certain of our debt agreements other than our term securitizations contain cross-default provisions. Such cross-default provisions would allow the respective creditors to declare a default if an event of default occurred with respect to other indebtedness of ours, but only if such other event of default were to be accompanied by acceleration of such other indebtedness.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"> </p> <p id="xdx_841_ecustom--ProvisionForContingentLiabilitiesPolicyTextBlock_zQNLT0J66qP8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><b><span id="xdx_867_zlXwMu6J3sv3">Provision for Contingent Liabilities</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">We are routinely involved in various legal proceedings resulting from our consumer finance activities and practices, both continuing and discontinued. Our legal counsel has advised us on such matters where, based on information available at the time of this report, there is an indication that it is both probable that a liability has been incurred and the amount of the loss can be reasonably determined.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"> </p> <p id="xdx_847_eus-gaap--NewAccountingPronouncementsPolicyPolicyTextBlock_zkSkgd6ijd5g" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><b><span id="xdx_86E_zbuiPifZ9x83">Adoption of New Accounting Standards </span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update ("ASU") 2016-13, which changes the criteria under which credit losses on financial instruments (such as the Company’s finance receivables) are measured. ASU 2016-3 introduces a new credit reserving model known as the Current Expected Credit Loss (“CECL”) model, which replaces the incurred loss impairment methodology previously used under U.S. GAAP with a methodology that records currently the expected lifetime credit losses on financial instruments. To establish such lifetime credit loss estimates, consideration of a broadened range of reasonable and supportable information to establish credit loss estimates is required. ASU 2016-13 was initially scheduled to become effective for interim and annual reporting periods beginning after December 15, 2019, however on October 16, 2019, the FASB changed the effective date for smaller reporting companies to <span style="background-color: white">interim and annual reporting periods </span>beginning after December 15, 2022, with early adoption permitted.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Effective January 1, 2020, the Company adopted the CECL model. The adoption of CECL required that we establish an allowance for the remaining expected lifetime credit losses on the portion of the Company’s receivable portfolio for which the Company was not already using fair value accounting. We refer to that portion, which is those receivables that were originated prior to January 2018, as our “legacy portfolio”. To comply with CECL, the Company recorded an addition to its allowance for finance credit losses of $127.0 million. In accordance with the rules for adopting CECL, the offset to the addition to the allowance for finance credit losses was a tax affected reduction to retained earnings using the modified retrospective method, and not a current period expense.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 9pt"> </p> <p id="xdx_842_ecustom--CoronavirusPandemicPolicyTextBlock_zyQPefwjzrc9" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"><b><span id="xdx_869_zc4ES9LHHXl4">Coronavirus Pandemic</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">In December 2019, a new strain of coronavirus (the “COVID-19 virus”) originated in Wuhan, China. Since its discovery, the COVID-19 virus has spread throughout the world, and the outbreak has been declared to be a pandemic by the World Health Organization. We refer from time to time in this report to the outbreak and spread of the COVID-19 virus as “the pandemic.”</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Results for the six-month period ending June 30, 2020 include the estimated potential effect on credit performance resulting from the pandemic. We recorded a $6.7 million charge to the provision for credit losses for the legacy portfolio accounted for under CECL and a $19.9 million mark down to the recorded value of the finance receivables measured at fair value.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">  </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The pandemic itself, if sufficient numbers of people were to be afflicted, could cause obligors under our automobile contracts to be unable to pay their contractual obligations. As the future course of the COVID-19 pandemic is as yet unknown, its direct effect on future obligor payments is likewise uncertain.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The mandatory shutdown of large portions of the United States economy pursuant to emergency restrictions has impaired and will impair the ability of obligors under our automobile contracts to pay their contractual obligations. The extent to which that ability will be impaired, and the extent to which public ameliorative measures such as stimulus payments and enhanced unemployment benefits may restore such ability, cannot be estimated.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">We measure our portfolio of finance receivables carried at fair value with consideration for unobservable inputs that reflect our own assumptions about the factors that market participants use in pricing similar receivables and are based on the best information available in the circumstances. They include such inputs as estimates for the magnitude and timing of net charge-offs and the rate of amortization of the portfolio. The pandemic and the adverse effect it may have on the U.S. economy and our obligors may cause us to consider s<span style="color: #323232">ignificant changes in any of those inputs, which in turn may have a significant effect on our fair value measurement.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"/> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p> <p id="xdx_805_ecustom--FinanceReceivableTextBlock_zFEGUtvgLKNe" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"><b>(2) <i>Finance Receivables </i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Our portfolio of finance receivables consists of small-balance homogeneous contracts comprising a single segment and class that is collectively evaluated for impairment on a portfolio basis according to delinquency status. Our contract purchase guidelines are designed to produce a homogenous portfolio. For key terms such as interest rate, length of contract, monthly payment and amount financed, there is relatively little variation from the average for the portfolio. We report delinquency on a contractual basis. Once a contract becomes greater than 90 days delinquent, we do not recognize additional interest income until the obligor under the contract makes sufficient payments to be less than 90 days delinquent. Any payments received on a contract that is greater than 90 days delinquent are first applied to accrued interest and then to principal reduction.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">In January 2018 the Company adopted the fair value method of accounting for finance receivables acquired after 2017. Finance receivables measured at fair value are recorded separately on the Company’s Balance Sheet and are excluded from all tables in this footnote.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The following table presents the components of Finance Receivables, net of unearned interest:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: Red"> </p> <table cellpadding="0" cellspacing="0" id="xdx_890_eus-gaap--ScheduleOfFinancingReceivablesMinimumPaymentsTableTextBlock_pn3n3_zKo8m3DuIDCg" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 75%" summary="xdx: Disclosure - (2) Finance Receivables (Details - Components of Finance Receivables)"> <tr style="vertical-align: bottom"> <td> <span id="xdx_8B4_zthUPKXLkYne" style="display: none">Schedule of finance receivables</span></td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_490_20200630_zUzU6TIkdvb9" style="font-weight: bold; text-align: center">June 30,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_494_20191231_zGIkhrfl3i2k" style="font-weight: bold; text-align: center">December 31,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td></tr> <tr id="xdx_40B_eus-gaap--ProceedsFromSaleAndCollectionOfFinanceReceivablesAbstract_iB" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Finance receivables</td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td></tr> <tr id="xdx_408_eus-gaap--LoansAndLeasesReceivableBeforeFeesGross_i01I_pn3n3_maLALRGzMao_zuTRK34MLbah" style="vertical-align: bottom; background-color: White"> <td style="width: 45%; text-align: left">Automobile finance receivables, net of unearned interest</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">668,449</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">895,566</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums_i01I_pn3n3_maLALRGzMao_zAsdYf5NzXdf" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 1pt">Unearned acquisition fees and originations costs</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,323</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,964</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--LoansAndLeasesReceivableGrossCarryingAmount_i01TI_pn3n3_mtLALRGzMao_z0yPG35s45J" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Finance receivables</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">669,772</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">897,530</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8AD_zQmcFqAwL0Yf" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: Red"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">We consider an automobile contract delinquent when an obligor fails to make at least 90% of a contractually due payment by the following due date, which date may have been extended within limits specified in the servicing agreements. The period of delinquency is based on the number of days payments are contractually past due, as extended where applicable. Automobile contracts less than 31 days delinquent are not included. In certain circumstances we will grant obligors one-month payment extensions to assist them with temporary cash flow problems. The only modification of terms is to advance the obligor’s next due date by one month and extend the maturity date of the receivable by one month. In certain limited cases, a two-month extension may be granted. There are no other concessions such as a reduction in interest rate, forgiveness of principal or of accrued interest. Accordingly, we consider such extensions to be insignificant delays in payments rather than troubled debt restructurings. The following table summarizes the delinquency status of finance receivables as of June 30, 2020 and December 31, 2019:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"/> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"/> <table cellpadding="0" cellspacing="0" id="xdx_89D_eus-gaap--ImpairedFinancingReceivablesTableTextBlock_pn3n3_zb5xVHe1yYMk" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 75%" summary="xdx: Disclosure - (2) Finance Receivables (Details - Delinquency status)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8B6_zZKCabh6jitb" style="display: none">Schedule of delinquency status of finance receivables</span></td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">June 30,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">December 31,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Delinquency Status</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 45%">Current </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_eus-gaap--FinancingReceivableRecordedInvestmentCurrent_c20200630__us-gaap--FinancingReceivablesPeriodPastDueAxis__us-gaap--FinancingReceivables1To29DaysPastDueMember_pn3n3" style="width: 11%; text-align: right" title="Finance receivables, current">553,523</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98B_eus-gaap--FinancingReceivableRecordedInvestmentCurrent_c20191231__us-gaap--FinancingReceivablesPeriodPastDueAxis__us-gaap--FinancingReceivables1To29DaysPastDueMember_pn3n3" style="width: 11%; text-align: right" title="Finance receivables, current">669,937</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>31 - 60 days</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--FinancingReceivableRecordedInvestmentPastDue_c20200630__us-gaap--FinancingReceivablesPeriodPastDueAxis__us-gaap--FinancingReceivables30To59DaysPastDueMember_pn3n3" style="text-align: right" title="Finance receivables, past due">55,498</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--FinancingReceivableRecordedInvestmentPastDue_c20191231__us-gaap--FinancingReceivablesPeriodPastDueAxis__us-gaap--FinancingReceivables30To59DaysPastDueMember_pn3n3" style="text-align: right" title="Finance receivables, past due">107,951</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>61 - 90 days</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--FinancingReceivableRecordedInvestmentPastDue_c20200630__us-gaap--FinancingReceivablesPeriodPastDueAxis__us-gaap--FinancingReceivables60To89DaysPastDueMember_pn3n3" style="text-align: right" title="Finance receivables, past due">23,199</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--FinancingReceivableRecordedInvestmentPastDue_c20191231__us-gaap--FinancingReceivablesPeriodPastDueAxis__us-gaap--FinancingReceivables60To89DaysPastDueMember_pn3n3" style="text-align: right" title="Finance receivables, past due">57,395</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>91 + days</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--FinancingReceivableRecordedInvestmentPastDue_c20200630__us-gaap--FinancingReceivablesPeriodPastDueAxis__us-gaap--FinancingReceivablesEqualToGreaterThan90DaysPastDueMember_pn3n3" style="text-align: right" title="Finance receivables, past due">8,464</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--FinancingReceivableRecordedInvestmentPastDue_c20191231__us-gaap--FinancingReceivablesPeriodPastDueAxis__us-gaap--FinancingReceivablesEqualToGreaterThan90DaysPastDueMember_pn3n3" style="text-align: right" title="Finance receivables, past due">31,350</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Repo</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--FinancingReceivableRecordedInvestmentPastDue_iI_pn3n3_c20200630__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--RepossessedVehiclesMember_zqeGIVkandm3" style="border-bottom: Black 1pt solid; text-align: right" title="Finance receivables, past due">27,765</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_eus-gaap--FinancingReceivableRecordedInvestmentPastDue_iI_pn3n3_c20191231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--RepossessedVehiclesMember_zhxYdV1gX7Ii" style="border-bottom: Black 1pt solid; text-align: right">28,933</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_ecustom--TotalFinanceReceivablesWithDelinquencyStatus_c20200630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Total finance receivables with delinquency status">668,449</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_ecustom--TotalFinanceReceivablesWithDelinquencyStatus_c20191231_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Total finance receivables with delinquency status">895,566</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"/> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Finance receivables totaling $<span id="xdx_909_eus-gaap--FinancingReceivableRecordedInvestmentNonaccrualStatus_iI_pn3n3_dm_c20200630_zNzbvNaOoiwj" title="Finance receivables, non accrual status">8.5</span> million and $<span id="xdx_90A_eus-gaap--FinancingReceivableRecordedInvestmentNonaccrualStatus_iI_pn3n3_dm_c20191231_zBjaviLRqQf7" title="Finance receivables, non accrual status">31.4</span> million at June 30, 2020 and December 31, 2019, respectively, including all receivables greater than 90 days delinquent, have been placed on non-accrual status as a result of their delinquency status.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"><b>Allowance for Credit Losses – Finance Receivables </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The allowance for credit losses is a valuation account that is deducted from the amortized cost basis of finance receivables to present the net amount expected to be collected. Charge offs are deducted from the allowance when management believes that collectability is unlikely.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Management estimates the allowance using relevant available information, from internal and external sources, relating to past events, current conditions and, reasonable and supportable forecasts. We believe our historical credit loss experience provides the best basis for the estimation of expected credit losses. Consequently, we use historical loss experience for older receivables, aggregated into vintage pools based on their calendar quarter of origination, to forecast expected losses for less seasoned quarterly vintage pools.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">We measure the weighted average monthly incremental change in cumulative net losses for the vintage pools in the relevant historical period. The data reflect the effect on vintage pools of past events as well as more recent events reflecting current conditions. We then apply the results of the historical analysis to less seasoned vintage pools beginning with each vintage pool’s most recent actual cumulative net loss experience and extrapolating from that point based on the historical data. We believe the pattern and magnitude of losses on older vintages allows us to establish a reasonable and supportable forecast of less seasoned vintages.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Our contract purchase guidelines are designed to produce a homogenous portfolio. For key credit characteristics of individual contracts such as obligor credit history, job stability, residence stability and ability to pay, there is relatively little variation from the average for the portfolio. Similarly, for key structural characteristics such as loan-to-value, length of contract, monthly payment and amount financed, there is relatively little variation from the average for the portfolio. Consequently, we do not believe there are significant differences in risk characteristics between various segments of our portfolio.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.1in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Our methodology incorporates historical pools that are sufficiently seasoned to capture the magnitude and trends of losses within those vintage pools. Furthermore, the historical period encompasses a substantial volume of receivables over periods that include fluctuations in the competitive landscape, the Company’s rates of growth, size of our managed portfolio and fluctuations in economic growth and unemployment.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.1in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">In consideration of the depth and breadth of the historical period, and the homogeneity of our portfolio, we generally do not adjust historical loss information for differences in risk characteristics such as credit or structural composition of segments of the portfolio or for changes in environmental conditions such as changes in unemployment rates, collateral values or other factors. However, we have considered how certain qualitative factors may affect future credit losses and have incorporated our judgement of the effect of such factors into our estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The following table presents the amortized cost basis of our finance receivables by annual vintage as of June 30, 2020 and December 31, 2019.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"/> <table cellpadding="0" cellspacing="0" id="xdx_892_ecustom--ScheduleOfAmortizedCostBasisOfFinanceReceivablesTableTextBlock_pn3n3_zCTqzOI1At67" style="font: 10pt Times New Roman, Times, Serif; margin-left: auto; border-collapse: collapse; width: 60%; margin-right: auto" summary="xdx: Disclosure - (2) Finance Receivables (Details - Amortized Cost Basis)"> <tr style="vertical-align: bottom"> <td> <span id="xdx_8BA_zgeCuoiMPTsc" style="display: none">Schedule of amortized cost basis of finance receivables</span></td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">June 30,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">December 31,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; text-align: center"><span style="text-decoration: underline">Annual Vintage Pool</span></td><td style="padding-bottom: 1pt"> </td> <td colspan="2"> </td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 30%">2012</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20200630__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2012Member_zG7uGhXkQdfj" style="width: 11%; text-align: right" title="Amortized cost basis">1,312</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20191231__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2012Member_zBPAEMpsDDfb" style="width: 11%; text-align: right" title="Amortized cost basis">2,432</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>2013</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20200630__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2013Member_zRAzgx4Hjrv1" style="text-align: right" title="Amortized cost basis">9,057</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20191231__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2013Member_z50pVjkdJKg7" style="text-align: right" title="Amortized cost basis">15,489</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>2014</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20200630__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2014Member_zN6dSytU7D87" style="text-align: right" title="Amortized cost basis">41,225</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20191231__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2014Member_zS8T8YnnZ3tf" style="text-align: right" title="Amortized cost basis">61,290</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>2015</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20200630__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2015Member_zBodugomWoR3" style="text-align: right" title="Amortized cost basis">122,363</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--ServicingAssetAtAmortizedValue_c20191231__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2015Member_pn3n3" style="text-align: right" title="Amortized cost basis">162,242</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>2016</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20200630__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2016Member_zPhcRGY7PHPc" style="text-align: right" title="Amortized cost basis">228,234</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--ServicingAssetAtAmortizedValue_c20191231__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2016Member_pn3n3" style="text-align: right" title="Amortized cost basis">292,360</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">2017</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20200630__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2017Member_ztZJzSDOMth4" style="border-bottom: Black 1pt solid; text-align: right" title="Amortized cost basis">266,258</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20191231__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2017Member_z2rHhqinlBS3" style="border-bottom: Black 1pt solid; text-align: right" title="Amortized cost basis">361,753</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20200630_zTUv9Wuzeiug" style="border-bottom: Black 2.5pt double; text-align: right" title="Amortized cost basis">668,449</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20191231_zz2OluybtQ8l" style="border-bottom: Black 2.5pt double; text-align: right" title="Amortized cost basis">895,566</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8A5_zigBsK6ZH3f8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">At the adoption of CECL, the Company recorded an addition to its allowance for finance credit losses of $127.0 million. In accordance with the rules for adopting CECL, the offset to the addition to the allowance for finance credit losses was a tax affected reduction to retained earnings using the modified retrospective method.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">In consideration of the uncertainty associated with the pandemic, the Company made additional provision for credit losses on finance receivables for the for the three-month and six-month periods ended June 30, 2020, in the amounts of $3.1 million and $6.7 million, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The following table presents a summary of the activity for the allowance for finance credit losses for the three-month and six-month periods ended June 30, 2020 and 2019:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"/> <table cellpadding="0" cellspacing="0" id="xdx_892_eus-gaap--AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_pn3n3_zSwdxzFUhIR7" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (2) Finance Receivables (Details - Summary of activity)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"><span id="xdx_8BF_z6NHFQfxDvV3" style="display: none">Schedule of allowance for finance credit losses</span></td><td> </td> <td style="text-align: left"> </td><td id="xdx_494_20200401__20200630_zxOgTAM3dtnc" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_493_20190401__20190630_zmq6g2OyAs7e" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_498_20200101__20200630_zdIHF4Da58za" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_49F_20190101__20190630_zGts6RnRmOo4" style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Three Months Ended</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Six Months Ended</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td></tr> <tr id="xdx_40F_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pn3n3" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 40%">Balance at beginning of period</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">114,073</td><td style="width: 1%; text-align: left"/><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">48,196</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">11,640</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">67,376</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Early adoption of CECL</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--AccountsReceivableChangeInMethodCreditLossExpenseReversal_d0_c20200401__20200630_zVh5aHLkTi1j" style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">n/a </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--AccountsReceivableChangeInMethodCreditLossExpenseReversal_c20200101__20200630_zasYdeKViOri" style="text-align: right">127,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> n/a </td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--ProvisionForLoanAndLeaseLosses_i_pn3n3" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Provision for credit losses on finance receivables</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,100</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">20,489</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6,713</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">44,445</td><td style="text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--AllowanceForDoubtfulAccountsReceivableWriteOffs_iN_pn3n3_di_z6UbHKiuJfli" style="vertical-align: bottom; background-color: White"> <td>Charge-offs</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(23,308</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(50,409</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(57,522</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(102,919</td><td style="text-align: left">)</td></tr> <tr id="xdx_400_eus-gaap--AllowanceForDoubtfulAccountsReceivableRecoveries_i_pn3n3" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="padding-bottom: 1pt">Recoveries</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">4,737</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">14,388</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">10,771</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">23,762</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iE_pn3n3" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Balance at end of period</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">98,602</td><td style="padding-bottom: 2.5pt; text-align: left"/><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">32,664</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">98,602</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">32,664</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8A3_z3S8AF9KOzOe" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Excluded from finance receivables are contracts that were previously classified as finance receivables but were reclassified as other assets because we have repossessed the vehicle securing the Contract. The following table presents a summary of such repossessed inventory together with the allowance for losses in repossessed inventory that is not included in the allowance for finance credit losses:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"/> <table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--AllowanceForLossesOnRepossessedInventoryTableTextBlock_pn3n3_zGpCbARW8D6b" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 75%" summary="xdx: Disclosure - (2) Finance Receivables (Details - Repossessed inventory)"> <tr style="vertical-align: bottom"> <td> <span id="xdx_8BE_zYnUMiQgIlU" style="display: none">Schedule of allowance for losses on repossessed inventory</span></td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_49C_20200630_zG76xVLHdg91" style="font-weight: bold; text-align: center">June 30,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_490_20191231_z0yj9KgxwVab" style="font-weight: bold; text-align: center">December 31,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 45%; text-align: left">Gross balance of repossessions in inventory</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98F_eus-gaap--OtherForeclosedAssets_c20200630_pn3n3" style="width: 11%; text-align: right" title="Gross balance of repossessions in inventory">27,765</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--OtherForeclosedAssets_c20191231_pn3n3" style="width: 11%; text-align: right" title="Gross balance of repossessions in inventory">28,933</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt; text-align: left">Allowance for losses on repossessed inventory</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_eus-gaap--ValuationAllowancesAndReservesAdjustments_iN_pn3n3_di_c20200101__20200630_zV7kCWrZCH62" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for losses on repossessed inventory">(23,109</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--ValuationAllowancesAndReservesAdjustments_iN_pn3n3_di_c20190101__20191231_zNHAh8PTtKcd" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for losses on repossessed inventory">(21,389</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 2.5pt">Net repossessed inventory included in other assets</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--ForeclosedAssets_c20200630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Net repossessed inventory included in other assets">4,656</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--ForeclosedAssets_c20191231_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Net repossessed inventory included in other assets">7,544</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8AB_z53Gy4SdTFi7" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"> </p> <table cellpadding="0" cellspacing="0" id="xdx_890_eus-gaap--ScheduleOfFinancingReceivablesMinimumPaymentsTableTextBlock_pn3n3_zKo8m3DuIDCg" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 75%" summary="xdx: Disclosure - (2) Finance Receivables (Details - Components of Finance Receivables)"> <tr style="vertical-align: bottom"> <td> <span id="xdx_8B4_zthUPKXLkYne" style="display: none">Schedule of finance receivables</span></td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_490_20200630_zUzU6TIkdvb9" style="font-weight: bold; text-align: center">June 30,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_494_20191231_zGIkhrfl3i2k" style="font-weight: bold; text-align: center">December 31,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td></tr> <tr id="xdx_40B_eus-gaap--ProceedsFromSaleAndCollectionOfFinanceReceivablesAbstract_iB" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>Finance receivables</td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td></tr> <tr id="xdx_408_eus-gaap--LoansAndLeasesReceivableBeforeFeesGross_i01I_pn3n3_maLALRGzMao_zuTRK34MLbah" style="vertical-align: bottom; background-color: White"> <td style="width: 45%; text-align: left">Automobile finance receivables, net of unearned interest</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">668,449</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">895,566</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums_i01I_pn3n3_maLALRGzMao_zAsdYf5NzXdf" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 1pt">Unearned acquisition fees and originations costs</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,323</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,964</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--LoansAndLeasesReceivableGrossCarryingAmount_i01TI_pn3n3_mtLALRGzMao_z0yPG35s45J" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Finance receivables</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">669,772</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">897,530</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 668449000 895566000 1323000 1964000 669772000 897530000 <table cellpadding="0" cellspacing="0" id="xdx_89D_eus-gaap--ImpairedFinancingReceivablesTableTextBlock_pn3n3_zb5xVHe1yYMk" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 75%" summary="xdx: Disclosure - (2) Finance Receivables (Details - Delinquency status)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8B6_zZKCabh6jitb" style="display: none">Schedule of delinquency status of finance receivables</span></td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">June 30,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">December 31,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Delinquency Status</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 45%">Current </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_eus-gaap--FinancingReceivableRecordedInvestmentCurrent_c20200630__us-gaap--FinancingReceivablesPeriodPastDueAxis__us-gaap--FinancingReceivables1To29DaysPastDueMember_pn3n3" style="width: 11%; text-align: right" title="Finance receivables, current">553,523</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98B_eus-gaap--FinancingReceivableRecordedInvestmentCurrent_c20191231__us-gaap--FinancingReceivablesPeriodPastDueAxis__us-gaap--FinancingReceivables1To29DaysPastDueMember_pn3n3" style="width: 11%; text-align: right" title="Finance receivables, current">669,937</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>31 - 60 days</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--FinancingReceivableRecordedInvestmentPastDue_c20200630__us-gaap--FinancingReceivablesPeriodPastDueAxis__us-gaap--FinancingReceivables30To59DaysPastDueMember_pn3n3" style="text-align: right" title="Finance receivables, past due">55,498</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--FinancingReceivableRecordedInvestmentPastDue_c20191231__us-gaap--FinancingReceivablesPeriodPastDueAxis__us-gaap--FinancingReceivables30To59DaysPastDueMember_pn3n3" style="text-align: right" title="Finance receivables, past due">107,951</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>61 - 90 days</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--FinancingReceivableRecordedInvestmentPastDue_c20200630__us-gaap--FinancingReceivablesPeriodPastDueAxis__us-gaap--FinancingReceivables60To89DaysPastDueMember_pn3n3" style="text-align: right" title="Finance receivables, past due">23,199</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--FinancingReceivableRecordedInvestmentPastDue_c20191231__us-gaap--FinancingReceivablesPeriodPastDueAxis__us-gaap--FinancingReceivables60To89DaysPastDueMember_pn3n3" style="text-align: right" title="Finance receivables, past due">57,395</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>91 + days</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--FinancingReceivableRecordedInvestmentPastDue_c20200630__us-gaap--FinancingReceivablesPeriodPastDueAxis__us-gaap--FinancingReceivablesEqualToGreaterThan90DaysPastDueMember_pn3n3" style="text-align: right" title="Finance receivables, past due">8,464</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--FinancingReceivableRecordedInvestmentPastDue_c20191231__us-gaap--FinancingReceivablesPeriodPastDueAxis__us-gaap--FinancingReceivablesEqualToGreaterThan90DaysPastDueMember_pn3n3" style="text-align: right" title="Finance receivables, past due">31,350</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">Repo</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_981_eus-gaap--FinancingReceivableRecordedInvestmentPastDue_iI_pn3n3_c20200630__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--RepossessedVehiclesMember_zqeGIVkandm3" style="border-bottom: Black 1pt solid; text-align: right" title="Finance receivables, past due">27,765</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_eus-gaap--FinancingReceivableRecordedInvestmentPastDue_iI_pn3n3_c20191231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--RepossessedVehiclesMember_zhxYdV1gX7Ii" style="border-bottom: Black 1pt solid; text-align: right">28,933</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_ecustom--TotalFinanceReceivablesWithDelinquencyStatus_c20200630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Total finance receivables with delinquency status">668,449</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_ecustom--TotalFinanceReceivablesWithDelinquencyStatus_c20191231_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Total finance receivables with delinquency status">895,566</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"/> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Finance receivables totaling $<span id="xdx_909_eus-gaap--FinancingReceivableRecordedInvestmentNonaccrualStatus_iI_pn3n3_dm_c20200630_zNzbvNaOoiwj" title="Finance receivables, non accrual status">8.5</span> million and $<span id="xdx_90A_eus-gaap--FinancingReceivableRecordedInvestmentNonaccrualStatus_iI_pn3n3_dm_c20191231_zBjaviLRqQf7" title="Finance receivables, non accrual status">31.4</span> million at June 30, 2020 and December 31, 2019, respectively, including all receivables greater than 90 days delinquent, have been placed on non-accrual status as a result of their delinquency status.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"><b>Allowance for Credit Losses – Finance Receivables </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The allowance for credit losses is a valuation account that is deducted from the amortized cost basis of finance receivables to present the net amount expected to be collected. Charge offs are deducted from the allowance when management believes that collectability is unlikely.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Management estimates the allowance using relevant available information, from internal and external sources, relating to past events, current conditions and, reasonable and supportable forecasts. We believe our historical credit loss experience provides the best basis for the estimation of expected credit losses. Consequently, we use historical loss experience for older receivables, aggregated into vintage pools based on their calendar quarter of origination, to forecast expected losses for less seasoned quarterly vintage pools.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">We measure the weighted average monthly incremental change in cumulative net losses for the vintage pools in the relevant historical period. The data reflect the effect on vintage pools of past events as well as more recent events reflecting current conditions. We then apply the results of the historical analysis to less seasoned vintage pools beginning with each vintage pool’s most recent actual cumulative net loss experience and extrapolating from that point based on the historical data. We believe the pattern and magnitude of losses on older vintages allows us to establish a reasonable and supportable forecast of less seasoned vintages.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Our contract purchase guidelines are designed to produce a homogenous portfolio. For key credit characteristics of individual contracts such as obligor credit history, job stability, residence stability and ability to pay, there is relatively little variation from the average for the portfolio. Similarly, for key structural characteristics such as loan-to-value, length of contract, monthly payment and amount financed, there is relatively little variation from the average for the portfolio. Consequently, we do not believe there are significant differences in risk characteristics between various segments of our portfolio.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.1in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Our methodology incorporates historical pools that are sufficiently seasoned to capture the magnitude and trends of losses within those vintage pools. Furthermore, the historical period encompasses a substantial volume of receivables over periods that include fluctuations in the competitive landscape, the Company’s rates of growth, size of our managed portfolio and fluctuations in economic growth and unemployment.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.1in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">In consideration of the depth and breadth of the historical period, and the homogeneity of our portfolio, we generally do not adjust historical loss information for differences in risk characteristics such as credit or structural composition of segments of the portfolio or for changes in environmental conditions such as changes in unemployment rates, collateral values or other factors. However, we have considered how certain qualitative factors may affect future credit losses and have incorporated our judgement of the effect of such factors into our estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The following table presents the amortized cost basis of our finance receivables by annual vintage as of June 30, 2020 and December 31, 2019.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"/> <table cellpadding="0" cellspacing="0" id="xdx_892_ecustom--ScheduleOfAmortizedCostBasisOfFinanceReceivablesTableTextBlock_pn3n3_zCTqzOI1At67" style="font: 10pt Times New Roman, Times, Serif; margin-left: auto; border-collapse: collapse; width: 60%; margin-right: auto" summary="xdx: Disclosure - (2) Finance Receivables (Details - Amortized Cost Basis)"> <tr style="vertical-align: bottom"> <td> <span id="xdx_8BA_zgeCuoiMPTsc" style="display: none">Schedule of amortized cost basis of finance receivables</span></td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">June 30,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">December 31,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; text-align: center"><span style="text-decoration: underline">Annual Vintage Pool</span></td><td style="padding-bottom: 1pt"> </td> <td colspan="2"> </td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 30%">2012</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20200630__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2012Member_zG7uGhXkQdfj" style="width: 11%; text-align: right" title="Amortized cost basis">1,312</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20191231__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2012Member_zBPAEMpsDDfb" style="width: 11%; text-align: right" title="Amortized cost basis">2,432</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>2013</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20200630__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2013Member_zRAzgx4Hjrv1" style="text-align: right" title="Amortized cost basis">9,057</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20191231__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2013Member_z50pVjkdJKg7" style="text-align: right" title="Amortized cost basis">15,489</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>2014</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20200630__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2014Member_zN6dSytU7D87" style="text-align: right" title="Amortized cost basis">41,225</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20191231__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2014Member_zS8T8YnnZ3tf" style="text-align: right" title="Amortized cost basis">61,290</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>2015</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20200630__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2015Member_zBodugomWoR3" style="text-align: right" title="Amortized cost basis">122,363</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--ServicingAssetAtAmortizedValue_c20191231__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2015Member_pn3n3" style="text-align: right" title="Amortized cost basis">162,242</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>2016</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20200630__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2016Member_zPhcRGY7PHPc" style="text-align: right" title="Amortized cost basis">228,234</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--ServicingAssetAtAmortizedValue_c20191231__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2016Member_pn3n3" style="text-align: right" title="Amortized cost basis">292,360</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">2017</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20200630__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2017Member_ztZJzSDOMth4" style="border-bottom: Black 1pt solid; text-align: right" title="Amortized cost basis">266,258</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20191231__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2017Member_z2rHhqinlBS3" style="border-bottom: Black 1pt solid; text-align: right" title="Amortized cost basis">361,753</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20200630_zTUv9Wuzeiug" style="border-bottom: Black 2.5pt double; text-align: right" title="Amortized cost basis">668,449</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20191231_zz2OluybtQ8l" style="border-bottom: Black 2.5pt double; text-align: right" title="Amortized cost basis">895,566</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 553523000 669937000 55498000 107951000 23199000 57395000 8464000 31350000 27765000 28933000 668449000 895566000 8500000 31400000 <table cellpadding="0" cellspacing="0" id="xdx_892_ecustom--ScheduleOfAmortizedCostBasisOfFinanceReceivablesTableTextBlock_pn3n3_zCTqzOI1At67" style="font: 10pt Times New Roman, Times, Serif; margin-left: auto; border-collapse: collapse; width: 60%; margin-right: auto" summary="xdx: Disclosure - (2) Finance Receivables (Details - Amortized Cost Basis)"> <tr style="vertical-align: bottom"> <td> <span id="xdx_8BA_zgeCuoiMPTsc" style="display: none">Schedule of amortized cost basis of finance receivables</span></td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">June 30,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">December 31,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt; text-align: center"><span style="text-decoration: underline">Annual Vintage Pool</span></td><td style="padding-bottom: 1pt"> </td> <td colspan="2"> </td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 30%">2012</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20200630__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2012Member_zG7uGhXkQdfj" style="width: 11%; text-align: right" title="Amortized cost basis">1,312</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20191231__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2012Member_zBPAEMpsDDfb" style="width: 11%; text-align: right" title="Amortized cost basis">2,432</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>2013</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20200630__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2013Member_zRAzgx4Hjrv1" style="text-align: right" title="Amortized cost basis">9,057</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20191231__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2013Member_z50pVjkdJKg7" style="text-align: right" title="Amortized cost basis">15,489</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>2014</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20200630__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2014Member_zN6dSytU7D87" style="text-align: right" title="Amortized cost basis">41,225</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20191231__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2014Member_zS8T8YnnZ3tf" style="text-align: right" title="Amortized cost basis">61,290</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>2015</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20200630__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2015Member_zBodugomWoR3" style="text-align: right" title="Amortized cost basis">122,363</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--ServicingAssetAtAmortizedValue_c20191231__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2015Member_pn3n3" style="text-align: right" title="Amortized cost basis">162,242</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>2016</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20200630__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2016Member_zPhcRGY7PHPc" style="text-align: right" title="Amortized cost basis">228,234</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--ServicingAssetAtAmortizedValue_c20191231__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2016Member_pn3n3" style="text-align: right" title="Amortized cost basis">292,360</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">2017</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20200630__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2017Member_ztZJzSDOMth4" style="border-bottom: Black 1pt solid; text-align: right" title="Amortized cost basis">266,258</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20191231__us-gaap--FinancingReceivablePortfolioSegmentAxis__custom--VintagePool2017Member_z2rHhqinlBS3" style="border-bottom: Black 1pt solid; text-align: right" title="Amortized cost basis">361,753</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_987_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20200630_zTUv9Wuzeiug" style="border-bottom: Black 2.5pt double; text-align: right" title="Amortized cost basis">668,449</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--ServicingAssetAtAmortizedValue_iI_pn3n3_c20191231_zz2OluybtQ8l" style="border-bottom: Black 2.5pt double; text-align: right" title="Amortized cost basis">895,566</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 1312000 2432000 9057000 15489000 41225000 61290000 122363000 162242000 228234000 292360000 266258000 361753000 668449000 895566000 <table cellpadding="0" cellspacing="0" id="xdx_892_eus-gaap--AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_pn3n3_zSwdxzFUhIR7" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (2) Finance Receivables (Details - Summary of activity)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"><span id="xdx_8BF_z6NHFQfxDvV3" style="display: none">Schedule of allowance for finance credit losses</span></td><td> </td> <td style="text-align: left"> </td><td id="xdx_494_20200401__20200630_zxOgTAM3dtnc" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_493_20190401__20190630_zmq6g2OyAs7e" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_498_20200101__20200630_zdIHF4Da58za" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_49F_20190101__20190630_zGts6RnRmOo4" style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Three Months Ended</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Six Months Ended</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td></tr> <tr id="xdx_40F_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iS_pn3n3" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 40%">Balance at beginning of period</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">114,073</td><td style="width: 1%; text-align: left"/><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">48,196</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">11,640</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">67,376</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Early adoption of CECL</td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--AccountsReceivableChangeInMethodCreditLossExpenseReversal_d0_c20200401__20200630_zVh5aHLkTi1j" style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">n/a </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--AccountsReceivableChangeInMethodCreditLossExpenseReversal_c20200101__20200630_zasYdeKViOri" style="text-align: right">127,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> n/a </td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--ProvisionForLoanAndLeaseLosses_i_pn3n3" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Provision for credit losses on finance receivables</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3,100</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">20,489</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6,713</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">44,445</td><td style="text-align: left"> </td></tr> <tr id="xdx_40E_eus-gaap--AllowanceForDoubtfulAccountsReceivableWriteOffs_iN_pn3n3_di_z6UbHKiuJfli" style="vertical-align: bottom; background-color: White"> <td>Charge-offs</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(23,308</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(50,409</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(57,522</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(102,919</td><td style="text-align: left">)</td></tr> <tr id="xdx_400_eus-gaap--AllowanceForDoubtfulAccountsReceivableRecoveries_i_pn3n3" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="padding-bottom: 1pt">Recoveries</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">4,737</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">14,388</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">10,771</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">23,762</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--FinancingReceivableAllowanceForCreditLosses_iE_pn3n3" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Balance at end of period</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">98,602</td><td style="padding-bottom: 2.5pt; text-align: left"/><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">32,664</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">98,602</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">32,664</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 114073000 48196000 11640000 67376000 0 127000000 3100000 20489000 6713000 44445000 23308000 50409000 57522000 102919000 4737000 14388000 10771000 23762000 98602000 32664000 98602000 32664000 <table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--AllowanceForLossesOnRepossessedInventoryTableTextBlock_pn3n3_zGpCbARW8D6b" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 75%" summary="xdx: Disclosure - (2) Finance Receivables (Details - Repossessed inventory)"> <tr style="vertical-align: bottom"> <td> <span id="xdx_8BE_zYnUMiQgIlU" style="display: none">Schedule of allowance for losses on repossessed inventory</span></td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_49C_20200630_zG76xVLHdg91" style="font-weight: bold; text-align: center">June 30,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" id="xdx_490_20191231_z0yj9KgxwVab" style="font-weight: bold; text-align: center">December 31,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 45%; text-align: left">Gross balance of repossessions in inventory</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98F_eus-gaap--OtherForeclosedAssets_c20200630_pn3n3" style="width: 11%; text-align: right" title="Gross balance of repossessions in inventory">27,765</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_eus-gaap--OtherForeclosedAssets_c20191231_pn3n3" style="width: 11%; text-align: right" title="Gross balance of repossessions in inventory">28,933</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt; text-align: left">Allowance for losses on repossessed inventory</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_eus-gaap--ValuationAllowancesAndReservesAdjustments_iN_pn3n3_di_c20200101__20200630_zV7kCWrZCH62" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for losses on repossessed inventory">(23,109</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_982_eus-gaap--ValuationAllowancesAndReservesAdjustments_iN_pn3n3_di_c20190101__20191231_zNHAh8PTtKcd" style="border-bottom: Black 1pt solid; text-align: right" title="Allowance for losses on repossessed inventory">(21,389</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 2.5pt">Net repossessed inventory included in other assets</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_983_eus-gaap--ForeclosedAssets_c20200630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Net repossessed inventory included in other assets">4,656</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--ForeclosedAssets_c20191231_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Net repossessed inventory included in other assets">7,544</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 27765000 28933000 23109000 21389000 4656000 7544000 <p id="xdx_80C_ecustom--SecuritizationTrustDebtTextBlock_zVhN9jbkuGPf" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>(3) <i>Securitization Trust Debt </i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">We have completed many securitization transactions that are structured as secured borrowings for financial accounting purposes. The debt issued in these transactions is shown on our Unaudited Condensed Consolidated Balance Sheets as “Securitization trust debt,” and the components of such debt are summarized in the following table:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"/> <table cellpadding="0" cellspacing="0" id="xdx_896_eus-gaap--ScheduleOfDebtInstrumentsTextBlock_pn3n3_zRw7ZCOsKLY6" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (3) Securitization Trust Debt (Details)"> <tr style="vertical-align: bottom"> <td> <span id="xdx_8B3_zavrXAoUPec1" style="display: none">Schedule of securitization trust debt</span></td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Weighted</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Average</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Final</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Receivables</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Outstanding</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Outstanding</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Contractual</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Scheduled</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Pledged at</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Principal at</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Principal at</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Interest Rate at</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Payment</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">June 30,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Initial</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">June 30,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">December 31,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">June 30,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Series</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Date (1)</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020 (2)</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Principal</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="18" style="font-weight: bold; text-align: center">(Dollars in thousands)</td><td style="font-weight: bold"> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 16%">CPS 2014-C</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98D_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2014CMember_fKDEp_zmeM6ZbfJXfj" style="text-align: right; width: 15%" title="Final Scheduled Payment Date">December 2021</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98D_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_d0_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2014CMember_fKDIp_zcFCGqqREoya" style="width: 7%; text-align: right" title="Receivables Pledged at end of period">–</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98F_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2014CMember_pn3n3" style="width: 11%; text-align: right" title="Initial Principal">273,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_987_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_iI_pn3n3_d0_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2014CMember_zcAeJpljVjIc" style="width: 11%; text-align: right" title="Outstanding Principal">–</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_981_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2014CMember_pn3n3" style="width: 11%; text-align: right" title="Outstanding Principal">19,758</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_984_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp0_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2014CMember_zSQuOO0cqvhg" style="width: 11%; text-align: right" title="Weighted Average Contractual Interest Rate">–</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>CPS 2014-D</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2014DMember_fKDEp_zd4HFR8TgQCa" style="text-align: right" title="Final Scheduled Payment Date">March 2022</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2014DMember_fKDIp_zpNHq7TiskV5" style="text-align: right" title="Receivables Pledged at end of period">17,002</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2014DMember_pn3n3" style="text-align: right" title="Initial Principal">267,500</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2014DMember_pn3n3" style="text-align: right" title="Outstanding Principal">15,647</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2014DMember_pn3n3" style="text-align: right" title="Outstanding Principal">23,755</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2014DMember_zCBZfyOqq8C6" style="text-align: right" title="Weighted Average Contractual Interest Rate">5.82</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>CPS 2015-A</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2015AMember_fKDEp_zXkipmD6cHtb" style="text-align: right" title="Final Scheduled Payment Date">June 2022</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2015AMember_fKDIp_zgVvs3U4ExA7" style="text-align: right" title="Receivables Pledged at end of period">18,894</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2015AMember_pn3n3" style="text-align: right" title="Initial Principal">245,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2015AMember_pn3n3" style="text-align: right" title="Outstanding Principal">17,301</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2015AMember_pn3n3" style="text-align: right" title="Outstanding Principal">26,713</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2015AMember_ziHRrWdatkM" style="text-align: right" title="Weighted Average Contractual Interest Rate">5.87</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>CPS 2015-B</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2015BMember_fKDEp_zbHugOgDwaAf" style="text-align: right" title="Final Scheduled Payment Date">September 2022</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2015BMember_fKDIp_z3lQIS1l8Jx4" style="text-align: right" title="Receivables Pledged at end of period">26,444</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2015BMember_pn3n3" style="text-align: right" title="Initial Principal">250,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2015BMember_pn3n3" style="text-align: right" title="Outstanding Principal">26,142</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2015BMember_pn3n3" style="text-align: right" title="Outstanding Principal">36,338</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2015BMember_zwPxvilQzsG4" style="text-align: right" title="Weighted Average Contractual Interest Rate">5.45</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>CPS 2015-C</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2015CMember_fKDEp_zN9GRzfPOI0h" style="text-align: right" title="Final Scheduled Payment Date">December 2022</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2015CMember_fKDIp_zqhWgMQ70lcb" style="text-align: right" title="Receivables Pledged at end of period">39,594</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2015CMember_pn3n3" style="text-align: right" title="Initial Principal">300,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2015CMember_pn3n3" style="text-align: right" title="Outstanding Principal">39,739</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2015CMember_pn3n3" style="text-align: right" title="Outstanding Principal">53,579</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2015CMember_zy6oo6GeIfee" style="text-align: right" title="Weighted Average Contractual Interest Rate">6.17</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>CPS 2016-A</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016AMember_fKDEp_zwxVcqVKJsj3" style="text-align: right" title="Final Scheduled Payment Date">March 2023</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016AMember_fKDIp_zldsZxi0th5f" style="text-align: right" title="Receivables Pledged at end of period">50,410</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016AMember_pn3n3" style="text-align: right" title="Initial Principal">329,460</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016AMember_pn3n3" style="text-align: right" title="Outstanding Principal">53,801</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2016AMember_pn3n3" style="text-align: right" title="Outstanding Principal">71,599</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016AMember_zTVg0F7MuoQj" style="text-align: right" title="Weighted Average Contractual Interest Rate">6.55</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>CPS 2016-B</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016BMember_fKDEp_zQnDIxr6yrjd" style="text-align: right" title="Final Scheduled Payment Date">June 2023</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016BMember_fKDIp_z0upwcBVhmdj" style="text-align: right" title="Receivables Pledged at end of period">62,854</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016BMember_pn3n3" style="text-align: right" title="Initial Principal">332,690</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016BMember_pn3n3" style="text-align: right" title="Outstanding Principal">62,967</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2016BMember_pn3n3" style="text-align: right" title="Outstanding Principal">82,667</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016BMember_zCvxF1gq6eBk" style="text-align: right" title="Weighted Average Contractual Interest Rate">7.08</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>CPS 2016-C</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016CMember_fKDEp_zs2s0EXpDAme" style="text-align: right" title="Final Scheduled Payment Date">September 2023</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016CMember_fKDIp_zLU385biUfb9" style="text-align: right" title="Receivables Pledged at end of period">64,356</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016CMember_pn3n3" style="text-align: right" title="Initial Principal">318,500</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016CMember_pn3n3" style="text-align: right" title="Outstanding Principal">63,748</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2016CMember_pn3n3" style="text-align: right" title="Outstanding Principal">83,696</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016CMember_zXr5svwKdtC9" style="text-align: right" title="Weighted Average Contractual Interest Rate">7.12</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>CPS 2016-D</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016DMember_fKDEp_zwtZrDRkAnVg" style="text-align: right" title="Final Scheduled Payment Date">April 2024</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016DMember_fKDIp_zXgI7PcOChAa" style="text-align: right" title="Receivables Pledged at end of period">51,487</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016DMember_pn3n3" style="text-align: right" title="Initial Principal">206,325</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016DMember_pn3n3" style="text-align: right" title="Outstanding Principal">49,635</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2016DMember_pn3n3" style="text-align: right" title="Outstanding Principal">65,021</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016DMember_zq7lOeKR7Beb" style="text-align: right" title="Weighted Average Contractual Interest Rate">5.31</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>CPS 2017-A</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017AMember_fKDEp_zPmoFK4X4MOg" style="text-align: right" title="Final Scheduled Payment Date">April 2024</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017AMember_fKDIp_z9kgO7d83Pdc" style="text-align: right" title="Receivables Pledged at end of period">57,147</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017AMember_pn3n3" style="text-align: right" title="Initial Principal">206,320</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017AMember_pn3n3" style="text-align: right" title="Outstanding Principal">54,980</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2017AMember_pn3n3" style="text-align: right" title="Outstanding Principal">71,450</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017AMember_zfzgbaPmxDOe" style="text-align: right" title="Weighted Average Contractual Interest Rate">5.26</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>CPS 2017-B</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017BMember_fKDEp_zvHMXT2qN9qi" style="text-align: right" title="Final Scheduled Payment Date">December 2023</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017BMember_fKDIp_zdYszGB0yc93" style="text-align: right" title="Receivables Pledged at end of period">70,008</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017BMember_pn3n3" style="text-align: right" title="Initial Principal">225,170</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017BMember_pn3n3" style="text-align: right" title="Outstanding Principal">56,243</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2017BMember_pn3n3" style="text-align: right" title="Outstanding Principal">76,201</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017BMember_zPvy9vKYl6q4" style="text-align: right" title="Weighted Average Contractual Interest Rate">4.57</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>CPS 2017-C</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017CMember_fKDEp_zUVqNXgycOOk" style="text-align: right" title="Final Scheduled Payment Date">September 2024</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017CMember_fKDIp_zaGJt637sCdl" style="text-align: right" title="Receivables Pledged at end of period">72,442</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017CMember_pn3n3" style="text-align: right" title="Initial Principal">224,825</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017CMember_pn3n3" style="text-align: right" title="Outstanding Principal">61,597</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2017CMember_pn3n3" style="text-align: right" title="Outstanding Principal">80,315</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017CMember_zM21tG73sR53" style="text-align: right" title="Weighted Average Contractual Interest Rate">4.45</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>CPS 2017-D</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017DMember_fKDEp_zx2nxbjwo2hl" style="text-align: right" title="Final Scheduled Payment Date">June 2024</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017DMember_fKDIp_zljMpHpVViAe" style="text-align: right" title="Receivables Pledged at end of period">74,749</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017DMember_pn3n3" style="text-align: right" title="Initial Principal">196,300</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017DMember_pn3n3" style="text-align: right" title="Outstanding Principal">64,292</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2017DMember_pn3n3" style="text-align: right" title="Outstanding Principal">83,801</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017DMember_zC4DmeqCZKg7" style="text-align: right" title="Weighted Average Contractual Interest Rate">4.01</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>CPS 2018-A</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018AMember_fKDEp_z1rs3manQAG4" style="text-align: right" title="Final Scheduled Payment Date">March 2025</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018AMember_fKDIp_zUQpFBAPKqt9" style="text-align: right" title="Receivables Pledged at end of period">80,427</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018AMember_pn3n3" style="text-align: right" title="Initial Principal">190,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018AMember_pn3n3" style="text-align: right" title="Outstanding Principal">70,616</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2018AMember_pn3n3" style="text-align: right" title="Outstanding Principal">91,258</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018AMember_zg3TUNIh7py8" style="text-align: right" title="Weighted Average Contractual Interest Rate">3.85</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>CPS 2018-B</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018BMember_fKDEp_zQa8HKLWigi6" style="text-align: right" title="Final Scheduled Payment Date">December 2024</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018BMember_fKDIp_znN4sS0oHGh3" style="text-align: right" title="Receivables Pledged at end of period">94,479</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018BMember_pn3n3" style="text-align: right" title="Initial Principal">201,823</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018BMember_pn3n3" style="text-align: right" title="Outstanding Principal">86,861</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2018BMember_pn3n3" style="text-align: right" title="Outstanding Principal">111,188</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018BMember_zSJfAPydZaoi" style="text-align: right" title="Weighted Average Contractual Interest Rate">4.25</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>CPS 2018-C</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018CMember_fKDEp_zwQsogqxom0l" style="text-align: right" title="Final Scheduled Payment Date">September 2025</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018CMember_fKDIp_zIxScyY7UFM2" style="text-align: right" title="Receivables Pledged at end of period">111,494</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018CMember_pn3n3" style="text-align: right" title="Initial Principal">230,275</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018CMember_pn3n3" style="text-align: right" title="Outstanding Principal">100,415</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2018CMember_pn3n3" style="text-align: right" title="Outstanding Principal">130,064</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018CMember_zXGMkjLd4zWk" style="text-align: right" title="Weighted Average Contractual Interest Rate">4.36</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>CPS 2018-D</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018DMember_fKDEp_z92sePVIBaq1" style="text-align: right" title="Final Scheduled Payment Date">June 2025</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018DMember_fKDIp_zv64HWxCQDub" style="text-align: right" title="Receivables Pledged at end of period">131,159</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018DMember_pn3n3" style="text-align: right" title="Initial Principal">233,730</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018DMember_pn3n3" style="text-align: right" title="Outstanding Principal">115,229</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2018DMember_pn3n3" style="text-align: right" title="Outstanding Principal">149,470</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018DMember_znulRDMEMwTl" style="text-align: right" title="Weighted Average Contractual Interest Rate">4.35</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>CPS 2019-A</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019AMember_fKDEp_z6L1xYF4Mps4" style="text-align: right" title="Final Scheduled Payment Date">March 2026</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019AMember_fKDIp_zbaxMkFT9wkb" style="text-align: right" title="Receivables Pledged at end of period">164,744</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019AMember_pn3n3" style="text-align: right" title="Initial Principal">254,400</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019AMember_pn3n3" style="text-align: right" title="Outstanding Principal">147,634</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2019AMember_pn3n3" style="text-align: right" title="Outstanding Principal">186,900</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019AMember_zx8YKWLUNaWc" style="text-align: right" title="Weighted Average Contractual Interest Rate">4.15</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>CPS 2019-B</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019BMember_fKDEp_zcPJJ0ZAgojg" style="text-align: right" title="Final Scheduled Payment Date">June 2026</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019BMember_fKDIp_zMU39wVNFiyl" style="text-align: right" title="Receivables Pledged at end of period">159,841</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019BMember_pn3n3" style="text-align: right" title="Initial Principal">228,275</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019BMember_pn3n3" style="text-align: right" title="Outstanding Principal">150,112</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2019BMember_pn3n3" style="text-align: right" title="Outstanding Principal">184,308</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019BMember_zmRIFZ8BfFB6" style="text-align: right" title="Weighted Average Contractual Interest Rate">3.74</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>CPS 2019-C</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019CMember_fKDEp_z6z0r518E9N3" style="text-align: right" title="Final Scheduled Payment Date">September 2026</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019CMember_fKDIp_z6TAP1WtvRLa" style="text-align: right" title="Receivables Pledged at end of period">186,160</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019CMember_pn3n3" style="text-align: right" title="Initial Principal">243,513</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019CMember_pn3n3" style="text-align: right" title="Outstanding Principal">177,905</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2019CMember_pn3n3" style="text-align: right" title="Outstanding Principal">216,650</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019CMember_zc18HmXzeWBk" style="text-align: right" title="Weighted Average Contractual Interest Rate">3.12</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>CPS 2019-D</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019DMember_fKDEp_zVB91wrKqn05" style="text-align: right" title="Final Scheduled Payment Date">December 2026</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019DMember_fKDIp_zn8PSTLboBP5" style="text-align: right" title="Receivables Pledged at end of period">232,484</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019DMember_pn3n3" style="text-align: right" title="Initial Principal">274,313</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019DMember_pn3n3" style="text-align: right" title="Outstanding Principal">223,234</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2019DMember_pn3n3" style="text-align: right" title="Outstanding Principal">265,035</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019DMember_zWpoxwexIc9h" style="text-align: right" title="Weighted Average Contractual Interest Rate">2.68</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>CPS 2020-A</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2020AMember_fKDEp_z63r8vPQQD2j" style="text-align: right" title="Final Scheduled Payment Date">March 2027</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2020AMember_fKDIp_zjpzZpZGu6sk" style="text-align: right" title="Receivables Pledged at end of period">232,307</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2020AMember_pn3n3" style="text-align: right" title="Initial Principal">260,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2020AMember_pn3n3" style="text-align: right" title="Outstanding Principal">228,045</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_iI_pn3n3_d0_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2020AMember_zaSh0R12tcI3" style="text-align: right" title="Outstanding Principal">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2020AMember_zHOLGqdhLGs2" style="text-align: right" title="Weighted Average Contractual Interest Rate">2.66</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="padding-bottom: 1pt">CPS 2020-B</td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td id="xdx_988_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2020BMember_fKDEp_zbFrPWM9GmJb" style="padding-bottom: 1pt; text-align: right" title="Final Scheduled Payment Date">June 2027</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_980_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2020BMember_fKDIp_zuKDyTAEZ5lg" style="border-bottom: Black 1pt solid; text-align: right" title="Receivables Pledged at end of period">216,306</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2020BMember_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Initial Principal">202,343</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2020BMember_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Outstanding Principal">197,023</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_iI_pn3n3_d0_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2020BMember_zddFpio1zKA1" style="border-bottom: Black 1pt solid; text-align: right" title="Outstanding Principal">–</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td id="xdx_986_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2020BMember_zqh5CAvCzWMe" style="padding-bottom: 1pt; text-align: right" title="Weighted Average Contractual Interest Rate">2.77</td><td style="padding-bottom: 1pt; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right" title="Final Scheduled Payment Date"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630_fKDIp_zy1y6PFt11c5" style="border-bottom: Black 2.5pt double; text-align: right" title="Receivables Pledged at end of period">2,214,788</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Initial Principal">5,693,762</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Outstanding Principal">2,063,166</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Outstanding Principal">2,109,766</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right" title="Weighted Average Contractual Interest Rate"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left">_________________</p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top"> <td style="width: 0"/><td style="width: 0.25in"><i id="xdx_F0C_ziKwT3qaIjve">(1)</i></td><td style="text-align: justify"><i id="xdx_F11_zk3oQFBhn7yf">The Final Scheduled Payment Date represents final legal maturity of the securitization trust debt. Securitization trust debt is expected to become due and to be paid prior to those dates, based on amortization of the finance receivables pledged to the trusts. Expected payments, which will depend on the performance of such receivables, as to which there can be no assurance, are $<span id="xdx_90B_ecustom--ExpectedFinanceReceivablePaymentsYearOne_iI_pn3n3_dm_c20200630_zo8eRNzDzCHg" title="Expected finance receivable payments 2020">418.1</span> million in 2020, $<span id="xdx_909_ecustom--ExpectedFinanceReceivablePaymentsYearTwo_iI_pn3n3_dm_c20200630_zkMJss1oDFS9" title="Expected finance receivable payments 2021">664.0</span> million in 2021, $<span id="xdx_90D_ecustom--ExpectedFinanceReceivablePaymentsYearThree_iI_pn3n3_dm_c20200630_zkMan8VmbcVi" title="Expected finance receivable payments 2022">450.7</span> million in 2022, $<span id="xdx_908_ecustom--ExpectedFinanceReceivablePaymentsYearFour_iI_pn3n3_dm_c20200630_z1gdCx5lHci8" title="Expected finance receivable payments 2023">369.3</span> million in 2023, $<span id="xdx_903_ecustom--ExpectedFinanceReceivablePaymentsYearFive_iI_pn3n3_dm_c20200630_zscriPHPWQMd" title="Expected finance receivable payments 2024">80.9</span> million in 2024, $<span id="xdx_909_ecustom--ExpectedFinanceReceivablePaymentsYearSix_iI_pn3n3_dm_c20200630_z5IwF54zn17l" title="Expected finance receivable payments 2025">65.2</span> million in 2025, and $<span id="xdx_909_ecustom--ExpectedFinanceReceivablePaymentsYearSeven_iI_pn3n3_dm_c20200630_zqhMS2FsBoD7" title="Expected finance receivable payments 2026">3.0</span> million in 2026.</i></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><i/></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top"> <td style="width: 0"/><td style="width: 0.25in"><i id="xdx_F08_zYi0zWlLqAwc">(2)</i></td><td style="text-align: left"><i id="xdx_F1E_z1LEqN3w7PM3">Includes repossessed assets that are included in Other assets on our Unaudited Condensed Consolidated Balance Sheet.</i></td></tr></table> <p id="xdx_8AA_zfj2gyAmjKka" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 9pt"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Debt issuance costs of $<span id="xdx_907_eus-gaap--DeferredFinanceCostsGross_iI_pn3n3_dm_c20200630_zwsjysdR41Te" title="Debt issuance costs"><span id="xdx_902_eus-gaap--DeferredFinanceCostsGross_iI_pn3n3_dm_c20191231_zxhZjd6DGw46" title="Debt issuance costs">12.0</span></span> million as of June 30, 2020 and December 31, 2019 have been excluded from the table above. These debt issuance costs are presented as a direct deduction to the carrying amount of the securitization trust debt on our Unaudited Condensed Consolidated Balance Sheets.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 9pt"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">All of the securitization trust debt was sold in private placement transactions to qualified institutional buyers. The debt was issued through our wholly-owned bankruptcy remote subsidiaries and is secured by the assets of such subsidiaries, but not by our other assets.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The terms of the securitization agreements related to the issuance of the securitization trust debt and the warehouse credit facilities require that we meet certain delinquency and credit loss criteria with respect to the pool of receivables, and certain of the agreements require that we maintain minimum levels of liquidity and not exceed maximum leverage levels. As of June 30, 2020, we were in compliance with all such covenants.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">We are responsible for the administration and collection of the automobile contracts. The securitization agreements also require certain funds be held in restricted cash accounts to provide additional collateral for the borrowings, to be applied to make payments on the securitization trust debt or as pre-funding proceeds from a term securitization prior to the purchase of additional collateral. As of June 30, 2020, restricted cash under the various agreements totaled approximately $<span id="xdx_909_eus-gaap--RestrictedCash_iI_pn3n3_dm_c20200630_zTSNDratA4o3" title="Restricted cash under various agreements">146.7</span> million. Interest expense on the securitization trust debt consists of the stated rate of interest plus amortization of additional costs of borrowing. Additional costs of borrowing include facility fees, amortization of deferred financing costs and discounts on notes sold. Deferred financing costs and discounts on notes sold related to the securitization trust debt are amortized using a level yield method. Accordingly, the effective cost of the securitization trust debt is greater than the contractual rate of interest disclosed above.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Our wholly-owned bankruptcy remote subsidiaries were formed to facilitate the above asset-backed financing transactions. Similar bankruptcy remote subsidiaries issue the debt outstanding under our credit facilities. Bankruptcy remote refers to a legal structure in which it is expected that the applicable entity would not be included in any bankruptcy filing by its parent or affiliates. All of the assets of these subsidiaries have been pledged as collateral for the related debt. All such transactions, treated as secured financings for accounting and tax purposes, are treated as sales for all other purposes, including legal and bankruptcy purposes. None of the assets of these subsidiaries are available to pay other creditors.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" id="xdx_896_eus-gaap--ScheduleOfDebtInstrumentsTextBlock_pn3n3_zRw7ZCOsKLY6" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (3) Securitization Trust Debt (Details)"> <tr style="vertical-align: bottom"> <td> <span id="xdx_8B3_zavrXAoUPec1" style="display: none">Schedule of securitization trust debt</span></td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Weighted</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td> </td> <td colspan="2" style="text-align: center"> </td><td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Average</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Final</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Receivables</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Outstanding</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Outstanding</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Contractual</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Scheduled</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Pledged at</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Principal at</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Principal at</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Interest Rate at</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Payment</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">June 30,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Initial</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">June 30,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">December 31,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">June 30,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Series</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Date (1)</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020 (2)</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Principal</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="18" style="font-weight: bold; text-align: center">(Dollars in thousands)</td><td style="font-weight: bold"> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 16%">CPS 2014-C</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98D_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2014CMember_fKDEp_zmeM6ZbfJXfj" style="text-align: right; width: 15%" title="Final Scheduled Payment Date">December 2021</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98D_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_d0_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2014CMember_fKDIp_zcFCGqqREoya" style="width: 7%; text-align: right" title="Receivables Pledged at end of period">–</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_98F_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2014CMember_pn3n3" style="width: 11%; text-align: right" title="Initial Principal">273,000</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_987_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_iI_pn3n3_d0_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2014CMember_zcAeJpljVjIc" style="width: 11%; text-align: right" title="Outstanding Principal">–</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_981_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2014CMember_pn3n3" style="width: 11%; text-align: right" title="Outstanding Principal">19,758</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td id="xdx_984_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp0_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2014CMember_zSQuOO0cqvhg" style="width: 11%; text-align: right" title="Weighted Average Contractual Interest Rate">–</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>CPS 2014-D</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2014DMember_fKDEp_zd4HFR8TgQCa" style="text-align: right" title="Final Scheduled Payment Date">March 2022</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2014DMember_fKDIp_zpNHq7TiskV5" style="text-align: right" title="Receivables Pledged at end of period">17,002</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2014DMember_pn3n3" style="text-align: right" title="Initial Principal">267,500</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2014DMember_pn3n3" style="text-align: right" title="Outstanding Principal">15,647</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2014DMember_pn3n3" style="text-align: right" title="Outstanding Principal">23,755</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2014DMember_zCBZfyOqq8C6" style="text-align: right" title="Weighted Average Contractual Interest Rate">5.82</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>CPS 2015-A</td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2015AMember_fKDEp_zXkipmD6cHtb" style="text-align: right" title="Final Scheduled Payment Date">June 2022</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2015AMember_fKDIp_zgVvs3U4ExA7" style="text-align: right" title="Receivables Pledged at end of period">18,894</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2015AMember_pn3n3" style="text-align: right" title="Initial Principal">245,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2015AMember_pn3n3" style="text-align: right" title="Outstanding Principal">17,301</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2015AMember_pn3n3" style="text-align: right" title="Outstanding Principal">26,713</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2015AMember_ziHRrWdatkM" style="text-align: right" title="Weighted Average Contractual Interest Rate">5.87</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>CPS 2015-B</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2015BMember_fKDEp_zbHugOgDwaAf" style="text-align: right" title="Final Scheduled Payment Date">September 2022</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2015BMember_fKDIp_z3lQIS1l8Jx4" style="text-align: right" title="Receivables Pledged at end of period">26,444</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2015BMember_pn3n3" style="text-align: right" title="Initial Principal">250,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2015BMember_pn3n3" style="text-align: right" title="Outstanding Principal">26,142</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2015BMember_pn3n3" style="text-align: right" title="Outstanding Principal">36,338</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2015BMember_zwPxvilQzsG4" style="text-align: right" title="Weighted Average Contractual Interest Rate">5.45</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>CPS 2015-C</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2015CMember_fKDEp_zN9GRzfPOI0h" style="text-align: right" title="Final Scheduled Payment Date">December 2022</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2015CMember_fKDIp_zqhWgMQ70lcb" style="text-align: right" title="Receivables Pledged at end of period">39,594</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2015CMember_pn3n3" style="text-align: right" title="Initial Principal">300,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2015CMember_pn3n3" style="text-align: right" title="Outstanding Principal">39,739</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2015CMember_pn3n3" style="text-align: right" title="Outstanding Principal">53,579</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2015CMember_zy6oo6GeIfee" style="text-align: right" title="Weighted Average Contractual Interest Rate">6.17</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>CPS 2016-A</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016AMember_fKDEp_zwxVcqVKJsj3" style="text-align: right" title="Final Scheduled Payment Date">March 2023</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016AMember_fKDIp_zldsZxi0th5f" style="text-align: right" title="Receivables Pledged at end of period">50,410</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016AMember_pn3n3" style="text-align: right" title="Initial Principal">329,460</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016AMember_pn3n3" style="text-align: right" title="Outstanding Principal">53,801</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2016AMember_pn3n3" style="text-align: right" title="Outstanding Principal">71,599</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016AMember_zTVg0F7MuoQj" style="text-align: right" title="Weighted Average Contractual Interest Rate">6.55</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>CPS 2016-B</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016BMember_fKDEp_zQnDIxr6yrjd" style="text-align: right" title="Final Scheduled Payment Date">June 2023</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016BMember_fKDIp_z0upwcBVhmdj" style="text-align: right" title="Receivables Pledged at end of period">62,854</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016BMember_pn3n3" style="text-align: right" title="Initial Principal">332,690</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016BMember_pn3n3" style="text-align: right" title="Outstanding Principal">62,967</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2016BMember_pn3n3" style="text-align: right" title="Outstanding Principal">82,667</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016BMember_zCvxF1gq6eBk" style="text-align: right" title="Weighted Average Contractual Interest Rate">7.08</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>CPS 2016-C</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016CMember_fKDEp_zs2s0EXpDAme" style="text-align: right" title="Final Scheduled Payment Date">September 2023</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016CMember_fKDIp_zLU385biUfb9" style="text-align: right" title="Receivables Pledged at end of period">64,356</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016CMember_pn3n3" style="text-align: right" title="Initial Principal">318,500</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016CMember_pn3n3" style="text-align: right" title="Outstanding Principal">63,748</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2016CMember_pn3n3" style="text-align: right" title="Outstanding Principal">83,696</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016CMember_zXr5svwKdtC9" style="text-align: right" title="Weighted Average Contractual Interest Rate">7.12</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>CPS 2016-D</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016DMember_fKDEp_zwtZrDRkAnVg" style="text-align: right" title="Final Scheduled Payment Date">April 2024</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016DMember_fKDIp_zXgI7PcOChAa" style="text-align: right" title="Receivables Pledged at end of period">51,487</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016DMember_pn3n3" style="text-align: right" title="Initial Principal">206,325</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016DMember_pn3n3" style="text-align: right" title="Outstanding Principal">49,635</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2016DMember_pn3n3" style="text-align: right" title="Outstanding Principal">65,021</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2016DMember_zq7lOeKR7Beb" style="text-align: right" title="Weighted Average Contractual Interest Rate">5.31</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>CPS 2017-A</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017AMember_fKDEp_zPmoFK4X4MOg" style="text-align: right" title="Final Scheduled Payment Date">April 2024</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017AMember_fKDIp_z9kgO7d83Pdc" style="text-align: right" title="Receivables Pledged at end of period">57,147</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017AMember_pn3n3" style="text-align: right" title="Initial Principal">206,320</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017AMember_pn3n3" style="text-align: right" title="Outstanding Principal">54,980</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2017AMember_pn3n3" style="text-align: right" title="Outstanding Principal">71,450</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017AMember_zfzgbaPmxDOe" style="text-align: right" title="Weighted Average Contractual Interest Rate">5.26</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>CPS 2017-B</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017BMember_fKDEp_zvHMXT2qN9qi" style="text-align: right" title="Final Scheduled Payment Date">December 2023</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017BMember_fKDIp_zdYszGB0yc93" style="text-align: right" title="Receivables Pledged at end of period">70,008</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017BMember_pn3n3" style="text-align: right" title="Initial Principal">225,170</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017BMember_pn3n3" style="text-align: right" title="Outstanding Principal">56,243</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2017BMember_pn3n3" style="text-align: right" title="Outstanding Principal">76,201</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017BMember_zPvy9vKYl6q4" style="text-align: right" title="Weighted Average Contractual Interest Rate">4.57</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>CPS 2017-C</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017CMember_fKDEp_zUVqNXgycOOk" style="text-align: right" title="Final Scheduled Payment Date">September 2024</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017CMember_fKDIp_zaGJt637sCdl" style="text-align: right" title="Receivables Pledged at end of period">72,442</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017CMember_pn3n3" style="text-align: right" title="Initial Principal">224,825</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017CMember_pn3n3" style="text-align: right" title="Outstanding Principal">61,597</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2017CMember_pn3n3" style="text-align: right" title="Outstanding Principal">80,315</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017CMember_zM21tG73sR53" style="text-align: right" title="Weighted Average Contractual Interest Rate">4.45</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>CPS 2017-D</td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017DMember_fKDEp_zx2nxbjwo2hl" style="text-align: right" title="Final Scheduled Payment Date">June 2024</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017DMember_fKDIp_zljMpHpVViAe" style="text-align: right" title="Receivables Pledged at end of period">74,749</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017DMember_pn3n3" style="text-align: right" title="Initial Principal">196,300</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017DMember_pn3n3" style="text-align: right" title="Outstanding Principal">64,292</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2017DMember_pn3n3" style="text-align: right" title="Outstanding Principal">83,801</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2017DMember_zC4DmeqCZKg7" style="text-align: right" title="Weighted Average Contractual Interest Rate">4.01</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>CPS 2018-A</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018AMember_fKDEp_z1rs3manQAG4" style="text-align: right" title="Final Scheduled Payment Date">March 2025</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018AMember_fKDIp_zUQpFBAPKqt9" style="text-align: right" title="Receivables Pledged at end of period">80,427</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018AMember_pn3n3" style="text-align: right" title="Initial Principal">190,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018AMember_pn3n3" style="text-align: right" title="Outstanding Principal">70,616</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2018AMember_pn3n3" style="text-align: right" title="Outstanding Principal">91,258</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018AMember_zg3TUNIh7py8" style="text-align: right" title="Weighted Average Contractual Interest Rate">3.85</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>CPS 2018-B</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018BMember_fKDEp_zQa8HKLWigi6" style="text-align: right" title="Final Scheduled Payment Date">December 2024</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018BMember_fKDIp_znN4sS0oHGh3" style="text-align: right" title="Receivables Pledged at end of period">94,479</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018BMember_pn3n3" style="text-align: right" title="Initial Principal">201,823</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018BMember_pn3n3" style="text-align: right" title="Outstanding Principal">86,861</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2018BMember_pn3n3" style="text-align: right" title="Outstanding Principal">111,188</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018BMember_zSJfAPydZaoi" style="text-align: right" title="Weighted Average Contractual Interest Rate">4.25</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>CPS 2018-C</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018CMember_fKDEp_zwQsogqxom0l" style="text-align: right" title="Final Scheduled Payment Date">September 2025</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018CMember_fKDIp_zIxScyY7UFM2" style="text-align: right" title="Receivables Pledged at end of period">111,494</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018CMember_pn3n3" style="text-align: right" title="Initial Principal">230,275</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018CMember_pn3n3" style="text-align: right" title="Outstanding Principal">100,415</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2018CMember_pn3n3" style="text-align: right" title="Outstanding Principal">130,064</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018CMember_zXGMkjLd4zWk" style="text-align: right" title="Weighted Average Contractual Interest Rate">4.36</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>CPS 2018-D</td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018DMember_fKDEp_z92sePVIBaq1" style="text-align: right" title="Final Scheduled Payment Date">June 2025</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018DMember_fKDIp_zv64HWxCQDub" style="text-align: right" title="Receivables Pledged at end of period">131,159</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018DMember_pn3n3" style="text-align: right" title="Initial Principal">233,730</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018DMember_pn3n3" style="text-align: right" title="Outstanding Principal">115,229</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2018DMember_pn3n3" style="text-align: right" title="Outstanding Principal">149,470</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2018DMember_znulRDMEMwTl" style="text-align: right" title="Weighted Average Contractual Interest Rate">4.35</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>CPS 2019-A</td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019AMember_fKDEp_z6L1xYF4Mps4" style="text-align: right" title="Final Scheduled Payment Date">March 2026</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019AMember_fKDIp_zbaxMkFT9wkb" style="text-align: right" title="Receivables Pledged at end of period">164,744</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019AMember_pn3n3" style="text-align: right" title="Initial Principal">254,400</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019AMember_pn3n3" style="text-align: right" title="Outstanding Principal">147,634</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2019AMember_pn3n3" style="text-align: right" title="Outstanding Principal">186,900</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019AMember_zx8YKWLUNaWc" style="text-align: right" title="Weighted Average Contractual Interest Rate">4.15</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>CPS 2019-B</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019BMember_fKDEp_zcPJJ0ZAgojg" style="text-align: right" title="Final Scheduled Payment Date">June 2026</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019BMember_fKDIp_zMU39wVNFiyl" style="text-align: right" title="Receivables Pledged at end of period">159,841</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019BMember_pn3n3" style="text-align: right" title="Initial Principal">228,275</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019BMember_pn3n3" style="text-align: right" title="Outstanding Principal">150,112</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2019BMember_pn3n3" style="text-align: right" title="Outstanding Principal">184,308</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019BMember_zmRIFZ8BfFB6" style="text-align: right" title="Weighted Average Contractual Interest Rate">3.74</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>CPS 2019-C</td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019CMember_fKDEp_z6z0r518E9N3" style="text-align: right" title="Final Scheduled Payment Date">September 2026</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019CMember_fKDIp_z6TAP1WtvRLa" style="text-align: right" title="Receivables Pledged at end of period">186,160</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019CMember_pn3n3" style="text-align: right" title="Initial Principal">243,513</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019CMember_pn3n3" style="text-align: right" title="Outstanding Principal">177,905</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2019CMember_pn3n3" style="text-align: right" title="Outstanding Principal">216,650</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019CMember_zc18HmXzeWBk" style="text-align: right" title="Weighted Average Contractual Interest Rate">3.12</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>CPS 2019-D</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019DMember_fKDEp_zVB91wrKqn05" style="text-align: right" title="Final Scheduled Payment Date">December 2026</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_988_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019DMember_fKDIp_zn8PSTLboBP5" style="text-align: right" title="Receivables Pledged at end of period">232,484</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019DMember_pn3n3" style="text-align: right" title="Initial Principal">274,313</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019DMember_pn3n3" style="text-align: right" title="Outstanding Principal">223,234</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2019DMember_pn3n3" style="text-align: right" title="Outstanding Principal">265,035</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2019DMember_zWpoxwexIc9h" style="text-align: right" title="Weighted Average Contractual Interest Rate">2.68</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>CPS 2020-A</td><td> </td> <td style="text-align: left"> </td><td id="xdx_983_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2020AMember_fKDEp_z63r8vPQQD2j" style="text-align: right" title="Final Scheduled Payment Date">March 2027</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2020AMember_fKDIp_zjpzZpZGu6sk" style="text-align: right" title="Receivables Pledged at end of period">232,307</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2020AMember_pn3n3" style="text-align: right" title="Initial Principal">260,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_985_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2020AMember_pn3n3" style="text-align: right" title="Outstanding Principal">228,045</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_iI_pn3n3_d0_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2020AMember_zaSh0R12tcI3" style="text-align: right" title="Outstanding Principal">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2020AMember_zHOLGqdhLGs2" style="text-align: right" title="Weighted Average Contractual Interest Rate">2.66</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="padding-bottom: 1pt">CPS 2020-B</td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td id="xdx_988_ecustom--FinalScheduledPaymentDate_c20200101__20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2020BMember_fKDEp_zbFrPWM9GmJb" style="padding-bottom: 1pt; text-align: right" title="Final Scheduled Payment Date">June 2027</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_980_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2020BMember_fKDIp_zuKDyTAEZ5lg" style="border-bottom: Black 1pt solid; text-align: right" title="Receivables Pledged at end of period">216,306</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_983_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2020BMember_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Initial Principal">202,343</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98A_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2020BMember_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Outstanding Principal">197,023</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_iI_pn3n3_d0_c20191231__us-gaap--FinancialInstrumentAxis__custom--CPS2020BMember_zddFpio1zKA1" style="border-bottom: Black 1pt solid; text-align: right" title="Outstanding Principal">–</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td id="xdx_986_eus-gaap--DebtWeightedAverageInterestRate_iI_pii_dp_c20200630__us-gaap--FinancialInstrumentAxis__custom--CPS2020BMember_zqh5CAvCzWMe" style="padding-bottom: 1pt; text-align: right" title="Weighted Average Contractual Interest Rate">2.77</td><td style="padding-bottom: 1pt; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right" title="Final Scheduled Payment Date"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_eus-gaap--PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue_iI_pn3n3_c20200630_fKDIp_zy1y6PFt11c5" style="border-bottom: Black 2.5pt double; text-align: right" title="Receivables Pledged at end of period">2,214,788</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_984_ecustom--SecuritizationTrustDebtInitialPrincipal_c20200630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Initial Principal">5,693,762</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_986_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20200630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Outstanding Principal">2,063,166</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--PrincipalAmountOutstandingOfLoansHeldInPortfolio_c20191231_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Outstanding Principal">2,109,766</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt; text-align: right" title="Weighted Average Contractual Interest Rate"> </td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left">_________________</p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top"> <td style="width: 0"/><td style="width: 0.25in"><i id="xdx_F0C_ziKwT3qaIjve">(1)</i></td><td style="text-align: justify"><i id="xdx_F11_zk3oQFBhn7yf">The Final Scheduled Payment Date represents final legal maturity of the securitization trust debt. Securitization trust debt is expected to become due and to be paid prior to those dates, based on amortization of the finance receivables pledged to the trusts. Expected payments, which will depend on the performance of such receivables, as to which there can be no assurance, are $<span id="xdx_90B_ecustom--ExpectedFinanceReceivablePaymentsYearOne_iI_pn3n3_dm_c20200630_zo8eRNzDzCHg" title="Expected finance receivable payments 2020">418.1</span> million in 2020, $<span id="xdx_909_ecustom--ExpectedFinanceReceivablePaymentsYearTwo_iI_pn3n3_dm_c20200630_zkMJss1oDFS9" title="Expected finance receivable payments 2021">664.0</span> million in 2021, $<span id="xdx_90D_ecustom--ExpectedFinanceReceivablePaymentsYearThree_iI_pn3n3_dm_c20200630_zkMan8VmbcVi" title="Expected finance receivable payments 2022">450.7</span> million in 2022, $<span id="xdx_908_ecustom--ExpectedFinanceReceivablePaymentsYearFour_iI_pn3n3_dm_c20200630_z1gdCx5lHci8" title="Expected finance receivable payments 2023">369.3</span> million in 2023, $<span id="xdx_903_ecustom--ExpectedFinanceReceivablePaymentsYearFive_iI_pn3n3_dm_c20200630_zscriPHPWQMd" title="Expected finance receivable payments 2024">80.9</span> million in 2024, $<span id="xdx_909_ecustom--ExpectedFinanceReceivablePaymentsYearSix_iI_pn3n3_dm_c20200630_z5IwF54zn17l" title="Expected finance receivable payments 2025">65.2</span> million in 2025, and $<span id="xdx_909_ecustom--ExpectedFinanceReceivablePaymentsYearSeven_iI_pn3n3_dm_c20200630_zqhMS2FsBoD7" title="Expected finance receivable payments 2026">3.0</span> million in 2026.</i></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><i/></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top"> <td style="width: 0"/><td style="width: 0.25in"><i id="xdx_F08_zYi0zWlLqAwc">(2)</i></td><td style="text-align: left"><i id="xdx_F1E_z1LEqN3w7PM3">Includes repossessed assets that are included in Other assets on our Unaudited Condensed Consolidated Balance Sheet.</i></td></tr></table> December 2021 0 273000000 0 19758000 0 March 2022 17002000 267500000 15647000 23755000 0.0582 June 2022 18894000 245000000 17301000 26713000 0.0587 September 2022 26444000 250000000 26142000 36338000 0.0545 December 2022 39594000 300000000 39739000 53579000 0.0617 March 2023 50410000 329460000 53801000 71599000 0.0655 June 2023 62854000 332690000 62967000 82667000 0.0708 September 2023 64356000 318500000 63748000 83696000 0.0712 April 2024 51487000 206325000 49635000 65021000 0.0531 April 2024 57147000 206320000 54980000 71450000 0.0526 December 2023 70008000 225170000 56243000 76201000 0.0457 September 2024 72442000 224825000 61597000 80315000 0.0445 June 2024 74749000 196300000 64292000 83801000 0.0401 March 2025 80427000 190000000 70616000 91258000 0.0385 December 2024 94479000 201823000 86861000 111188000 0.0425 September 2025 111494000 230275000 100415000 130064000 0.0436 June 2025 131159000 233730000 115229000 149470000 0.0435 March 2026 164744000 254400000 147634000 186900000 0.0415 June 2026 159841000 228275000 150112000 184308000 0.0374 September 2026 186160000 243513000 177905000 216650000 0.0312 December 2026 232484000 274313000 223234000 265035000 0.0268 March 2027 232307000 260000000 228045000 0 0.0266 June 2027 216306000 202343000 197023000 0 0.0277 2214788000 5693762000 2063166000 2109766000 418100000 664000000.0 450700000 369300000 80900000 65200000 3000000.0 12000000.0 12000000.0 146700000 <p id="xdx_80C_eus-gaap--DebtDisclosureTextBlock_zsZmwTlr27m9" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>(4) <i>Debt</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The terms and amounts of our other debt outstanding at June 30, 2020 and December 31, 2019 are summarized below:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"/> <table cellpadding="0" cellspacing="0" id="xdx_889_eus-gaap--ScheduleOfDebtTableTextBlock_pn3n3_zJMKkNz4PW43" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (4) Debt (Details - Debt outstanding)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8B6_zLhtjOzjxQfd" style="display: none">Schedule of debt outstanding</span> </td><td> </td> <td> </td><td> </td> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Amount Outstanding at</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td> </td><td> </td> <td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">June 30,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">December 31,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td> </td><td style="padding-bottom: 1pt"> </td> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td> </td><td> </td> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: center">Description</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Interest Rate</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Maturity</td><td style="padding-bottom: 1pt"> </td> <td colspan="2"> </td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 26%; text-align: left">Warehouse lines of credit</td><td style="width: 2%"> </td> <td id="xdx_989_eus-gaap--DebtInstrumentDescriptionOfVariableRateBasis_c20200101__20200630__us-gaap--CreditFacilityAxis__custom--WarehouseLinesOfCredit1Member" style="width: 20%; text-align: center" title="Interest rate">5.50% over one month Libor (Minimum 6.50%)</td><td style="width: 2%"> </td> <td id="xdx_981_eus-gaap--DebtInstrumentMaturityDateDescription_c20200101__20200630__us-gaap--CreditFacilityAxis__custom--WarehouseLinesOfCredit1Member_zSugyhbBLah6" style="width: 20%; text-align: center" title="Credit line maturity date">February 2021</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98B_eus-gaap--WarehouseAgreementBorrowings_c20200630__us-gaap--CreditFacilityAxis__custom--WarehouseLinesOfCredit1Member_pn3n3" style="width: 11%; text-align: right" title="Warehouse lines of credit">15,871</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--WarehouseAgreementBorrowings_c20191231__us-gaap--CreditFacilityAxis__custom--WarehouseLinesOfCredit1Member_pn3n3" style="width: 11%; text-align: right" title="Warehouse lines of credit">40,558</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td> </td><td> </td> <td id="xdx_98E_eus-gaap--DebtInstrumentDescriptionOfVariableRateBasis_c20200101__20200630__us-gaap--CreditFacilityAxis__custom--WarehouseLinesOfCredit2Member" style="text-align: center" title="Interest rate">3.00% over one month Libor (Minimum 3.75%)</td><td> </td> <td id="xdx_981_eus-gaap--DebtInstrumentMaturityDateDescription_c20200101__20200630__us-gaap--CreditFacilityAxis__custom--WarehouseLinesOfCredit2Member_zoHXPwFrjj14" style="text-align: center" title="Credit line maturity date">September 2020</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--WarehouseAgreementBorrowings_c20200630__us-gaap--CreditFacilityAxis__custom--WarehouseLinesOfCredit2Member_pn3n3" style="text-align: right" title="Warehouse lines of credit">28,563</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--WarehouseAgreementBorrowings_c20191231__us-gaap--CreditFacilityAxis__custom--WarehouseLinesOfCredit2Member_pn3n3" style="text-align: right" title="Warehouse lines of credit">96,225</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td> </td><td> </td> <td id="xdx_98F_eus-gaap--DebtInstrumentDescriptionOfVariableRateBasis_c20200101__20200630__us-gaap--CreditFacilityAxis__custom--WarehouseLinesOfCredit3Member" style="text-align: center" title="Interest rate">4.00% over a commercial paper rate (Minimum 5.00%)</td><td> </td> <td id="xdx_980_eus-gaap--DebtInstrumentMaturityDateDescription_c20200101__20200630__us-gaap--CreditFacilityAxis__custom--WarehouseLinesOfCredit3Member_z6kCiA6oFEj6" style="text-align: center" title="Credit line maturity date">December 2021</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--WarehouseAgreementBorrowings_c20200630__us-gaap--CreditFacilityAxis__custom--WarehouseLinesOfCredit3Member_pn3n3" style="text-align: right" title="Warehouse lines of credit">13,507</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--WarehouseAgreementBorrowings_iI_pn3n3_dt0_c20191231__us-gaap--CreditFacilityAxis__custom--WarehouseLinesOfCredit3Member_zrUrpxICIRP" style="text-align: right" title="Warehouse lines of credit">–</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Residual interest financing</td><td> </td> <td id="xdx_982_eus-gaap--DebtInstrumentInterestRateDuringPeriod_pii_dp_c20200101__20200630__us-gaap--CreditFacilityAxis__custom--ResidualInterestFinancingMember_z8CsYRoAh3fa" style="text-align: center" title="Interest rate">8.60%</td><td> </td> <td id="xdx_98D_eus-gaap--DebtInstrumentMaturityDateDescription_c20200101__20200630__us-gaap--CreditFacilityAxis__custom--ResidualInterestFinancingMember_zFAe7ULALPHl" style="text-align: center" title="Maturity date">January 2026</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--ResidualInterestFinancing_c20200630__us-gaap--CreditFacilityAxis__custom--ResidualInterestFinancingMember_pn3n3" style="text-align: right" title="Residual interest financing">37,881</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--ResidualInterestFinancing_c20191231__us-gaap--CreditFacilityAxis__custom--ResidualInterestFinancingMember_pn3n3" style="text-align: right" title="Residual interest financing">40,000</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: center"> </td><td> </td> <td style="text-align: center"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="padding-bottom: 1pt; text-align: left">Subordinated renewable notes</td><td style="padding-bottom: 1pt"> </td> <td id="xdx_985_eus-gaap--DebtInstrumentDescriptionOfVariableRateBasis_c20200101__20200630__us-gaap--CreditFacilityAxis__custom--SubordinatedRenewableNotesMember" style="padding-bottom: 1pt; text-align: center" title="Interest rate">Weighted average rate of 10.36% and 9.75% at June 30, 2020 and December 31, 2019 , respectively</td><td style="padding-bottom: 1pt"> </td> <td id="xdx_98D_eus-gaap--DebtInstrumentMaturityDateDescription_c20200101__20200630__us-gaap--CreditFacilityAxis__custom--SubordinatedRenewableNotesMember" style="padding-bottom: 1pt; text-align: center" title="Maturity date description">Weighted average maturity of July 2022 and April 2022 at June 30, 2020 and December 31, 2019, respectively</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_eus-gaap--SubordinatedDebt_c20200630__us-gaap--CreditFacilityAxis__custom--SubordinatedRenewableNotesMember_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Subordinated renewable notes">19,580</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98B_eus-gaap--SubordinatedDebt_c20191231__us-gaap--CreditFacilityAxis__custom--SubordinatedRenewableNotesMember_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Subordinated renewable notes">17,534</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: center"> </td><td> </td> <td style="text-align: center"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: center; padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: center; padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--DebtLongtermAndShorttermCombinedAmount_c20200630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Total debt outstanding">115,402</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--DebtLongtermAndShorttermCombinedAmount_c20191231_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Total debt outstanding">194,317</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Unamortized debt issuance costs of $<span id="xdx_90C_eus-gaap--DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet_iI_pn3p0_c20200630__us-gaap--SecuritiesFinancingTransactionAxis__custom--ResidualInterestFinancingsMember_ztQc4MOvpsjf" title="Unamortized debt issuance costs">429,000</span> and $<span id="xdx_906_eus-gaap--DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet_iI_pn3p0_c20191231__us-gaap--SecuritiesFinancingTransactionAxis__custom--ResidualInterestFinancingsMember_zBgMvbVlr2je" title="Unamortized debt issuance costs">522,000</span> as of June 30, 2020 and December 31, 2019, respectively, have been excluded from the amount reported above for residual interest financing. Similarly, unamortized debt issuance costs of $<span id="xdx_907_eus-gaap--DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet_iI_pn3n3_dm_c20200630__us-gaap--CreditFacilityAxis__custom--WarehouseLinesOfCredit4Member_z4lAXWclh7ei" title="Unamortized debt issuance costs">1.3</span> million and $<span id="xdx_900_eus-gaap--DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet_iI_pn3n3_dm_c20191231__us-gaap--CreditFacilityAxis__custom--WarehouseLinesOfCredit4Member_zcK364ELxICh" title="Unamortized debt issuance costs">2.0</span> million as of June 30, 2020 and December 31, 2019, respectively, have been excluded from the Warehouse lines of credit amounts in the table above. These debt issuance costs are presented as a direct deduction to the carrying amount of the debt on our Unaudited Condensed Consolidated Balance Sheets.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" id="xdx_889_eus-gaap--ScheduleOfDebtTableTextBlock_pn3n3_zJMKkNz4PW43" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (4) Debt (Details - Debt outstanding)"> <tr style="vertical-align: bottom"> <td><span id="xdx_8B6_zLhtjOzjxQfd" style="display: none">Schedule of debt outstanding</span> </td><td> </td> <td> </td><td> </td> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Amount Outstanding at</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td> </td><td> </td> <td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">June 30,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">December 31,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td> </td><td style="padding-bottom: 1pt"> </td> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td> </td><td> </td> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; text-align: center">Description</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Interest Rate</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: center">Maturity</td><td style="padding-bottom: 1pt"> </td> <td colspan="2"> </td><td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 26%; text-align: left">Warehouse lines of credit</td><td style="width: 2%"> </td> <td id="xdx_989_eus-gaap--DebtInstrumentDescriptionOfVariableRateBasis_c20200101__20200630__us-gaap--CreditFacilityAxis__custom--WarehouseLinesOfCredit1Member" style="width: 20%; text-align: center" title="Interest rate">5.50% over one month Libor (Minimum 6.50%)</td><td style="width: 2%"> </td> <td id="xdx_981_eus-gaap--DebtInstrumentMaturityDateDescription_c20200101__20200630__us-gaap--CreditFacilityAxis__custom--WarehouseLinesOfCredit1Member_zSugyhbBLah6" style="width: 20%; text-align: center" title="Credit line maturity date">February 2021</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98B_eus-gaap--WarehouseAgreementBorrowings_c20200630__us-gaap--CreditFacilityAxis__custom--WarehouseLinesOfCredit1Member_pn3n3" style="width: 11%; text-align: right" title="Warehouse lines of credit">15,871</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--WarehouseAgreementBorrowings_c20191231__us-gaap--CreditFacilityAxis__custom--WarehouseLinesOfCredit1Member_pn3n3" style="width: 11%; text-align: right" title="Warehouse lines of credit">40,558</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td> </td><td> </td> <td id="xdx_98E_eus-gaap--DebtInstrumentDescriptionOfVariableRateBasis_c20200101__20200630__us-gaap--CreditFacilityAxis__custom--WarehouseLinesOfCredit2Member" style="text-align: center" title="Interest rate">3.00% over one month Libor (Minimum 3.75%)</td><td> </td> <td id="xdx_981_eus-gaap--DebtInstrumentMaturityDateDescription_c20200101__20200630__us-gaap--CreditFacilityAxis__custom--WarehouseLinesOfCredit2Member_zoHXPwFrjj14" style="text-align: center" title="Credit line maturity date">September 2020</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--WarehouseAgreementBorrowings_c20200630__us-gaap--CreditFacilityAxis__custom--WarehouseLinesOfCredit2Member_pn3n3" style="text-align: right" title="Warehouse lines of credit">28,563</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--WarehouseAgreementBorrowings_c20191231__us-gaap--CreditFacilityAxis__custom--WarehouseLinesOfCredit2Member_pn3n3" style="text-align: right" title="Warehouse lines of credit">96,225</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td> </td><td> </td> <td id="xdx_98F_eus-gaap--DebtInstrumentDescriptionOfVariableRateBasis_c20200101__20200630__us-gaap--CreditFacilityAxis__custom--WarehouseLinesOfCredit3Member" style="text-align: center" title="Interest rate">4.00% over a commercial paper rate (Minimum 5.00%)</td><td> </td> <td id="xdx_980_eus-gaap--DebtInstrumentMaturityDateDescription_c20200101__20200630__us-gaap--CreditFacilityAxis__custom--WarehouseLinesOfCredit3Member_z6kCiA6oFEj6" style="text-align: center" title="Credit line maturity date">December 2021</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98D_eus-gaap--WarehouseAgreementBorrowings_c20200630__us-gaap--CreditFacilityAxis__custom--WarehouseLinesOfCredit3Member_pn3n3" style="text-align: right" title="Warehouse lines of credit">13,507</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_eus-gaap--WarehouseAgreementBorrowings_iI_pn3n3_dt0_c20191231__us-gaap--CreditFacilityAxis__custom--WarehouseLinesOfCredit3Member_zrUrpxICIRP" style="text-align: right" title="Warehouse lines of credit">–</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Residual interest financing</td><td> </td> <td id="xdx_982_eus-gaap--DebtInstrumentInterestRateDuringPeriod_pii_dp_c20200101__20200630__us-gaap--CreditFacilityAxis__custom--ResidualInterestFinancingMember_z8CsYRoAh3fa" style="text-align: center" title="Interest rate">8.60%</td><td> </td> <td id="xdx_98D_eus-gaap--DebtInstrumentMaturityDateDescription_c20200101__20200630__us-gaap--CreditFacilityAxis__custom--ResidualInterestFinancingMember_zFAe7ULALPHl" style="text-align: center" title="Maturity date">January 2026</td><td> </td> <td style="text-align: left"> </td><td id="xdx_989_ecustom--ResidualInterestFinancing_c20200630__us-gaap--CreditFacilityAxis__custom--ResidualInterestFinancingMember_pn3n3" style="text-align: right" title="Residual interest financing">37,881</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98F_ecustom--ResidualInterestFinancing_c20191231__us-gaap--CreditFacilityAxis__custom--ResidualInterestFinancingMember_pn3n3" style="text-align: right" title="Residual interest financing">40,000</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: center"> </td><td> </td> <td style="text-align: center"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="padding-bottom: 1pt; text-align: left">Subordinated renewable notes</td><td style="padding-bottom: 1pt"> </td> <td id="xdx_985_eus-gaap--DebtInstrumentDescriptionOfVariableRateBasis_c20200101__20200630__us-gaap--CreditFacilityAxis__custom--SubordinatedRenewableNotesMember" style="padding-bottom: 1pt; text-align: center" title="Interest rate">Weighted average rate of 10.36% and 9.75% at June 30, 2020 and December 31, 2019 , respectively</td><td style="padding-bottom: 1pt"> </td> <td id="xdx_98D_eus-gaap--DebtInstrumentMaturityDateDescription_c20200101__20200630__us-gaap--CreditFacilityAxis__custom--SubordinatedRenewableNotesMember" style="padding-bottom: 1pt; text-align: center" title="Maturity date description">Weighted average maturity of July 2022 and April 2022 at June 30, 2020 and December 31, 2019, respectively</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_eus-gaap--SubordinatedDebt_c20200630__us-gaap--CreditFacilityAxis__custom--SubordinatedRenewableNotesMember_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Subordinated renewable notes">19,580</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98B_eus-gaap--SubordinatedDebt_c20191231__us-gaap--CreditFacilityAxis__custom--SubordinatedRenewableNotesMember_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Subordinated renewable notes">17,534</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: center"> </td><td> </td> <td style="text-align: center"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: center; padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: center; padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--DebtLongtermAndShorttermCombinedAmount_c20200630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Total debt outstanding">115,402</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_980_eus-gaap--DebtLongtermAndShorttermCombinedAmount_c20191231_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Total debt outstanding">194,317</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 5.50% over one month Libor (Minimum 6.50%) February 2021 15871000 40558000 3.00% over one month Libor (Minimum 3.75%) September 2020 28563000 96225000 4.00% over a commercial paper rate (Minimum 5.00%) December 2021 13507000 0 0.0860 January 2026 37881000 40000000 Weighted average rate of 10.36% and 9.75% at June 30, 2020 and December 31, 2019 , respectively Weighted average maturity of July 2022 and April 2022 at June 30, 2020 and December 31, 2019, respectively 19580000 17534000 115402000 194317000 429000 522000 1300000 2000000.0 <p id="xdx_801_eus-gaap--InterestIncomeAndInterestExpenseDisclosureTextBlock_zleQvalqohAf" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><b>(5) <i>Interest Income and Interest Expense</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The following table presents the components of interest income:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"/> <table cellpadding="0" cellspacing="0" id="xdx_890_eus-gaap--InterestAndOtherIncomeTableTextBlock_pn3n3_zl8ory6uO5q3" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (5) Interest Income and Interest Expense (Details - Interest income)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"> <span id="xdx_8B4_z2s0gPenwIm7" style="display: none">Schedule of interest income</span></td><td> </td> <td style="text-align: left"> </td><td id="xdx_493_20200401__20200630_zbxWjU5njmU9" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_497_20190401__20190630_zCAgMrIMjlx" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_49E_20200101__20200630_zdG9Of6CQ4W3" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_490_20190101__20190630_zbsThmiw9mFd" style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Three Months Ended</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Six Months Ended</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td></tr> <tr id="xdx_40E_eus-gaap--InvestmentIncomeNet_pn3n3_zFk4SKasabk1" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 40%; text-align: left">Interest on finance receivables</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">33,773</td><td style="width: 1%; text-align: left"/><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">55,660</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">71,580</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">117,950</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--InterestIncomePurchasedReceivables_pn3n3_zr6uMyYaKNp8" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Interest on finance receivables at fair value</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">41,659</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">27,978</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">82,465</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">50,793</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_ecustom--MarkToFinanceReceivablesMeasuredAtFairValue_iN_pn3n3_di0_zJxprSRHL1Z8" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Mark to finance receivables measured at fair value</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(9,549</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(19,899</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--InterestAndOtherIncome_pn3n3_zi16I9B6Cv82" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Other interest income</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">120</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">811</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">644</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,551</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--InterestAndDividendIncomeOperating_pn3n3_zzDDAh0z47hl" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 2.5pt">Interest income</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">66,003</td><td style="padding-bottom: 2.5pt; text-align: left"/><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">84,449</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">134,790</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">170,294</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8AB_zcg6uo3ULPma" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The following table presents the components of interest expense:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" id="xdx_894_eus-gaap--InterestIncomeAndInterestExpenseDisclosureTableTextBlock_pn3n3_zauCfODkyzb7" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (5) Interest Income and Interest Expense (Details - Interest expense)"> <tr style="vertical-align: bottom"> <td> <span id="xdx_8B3_ztBbaq726rwl" style="display: none">Schedule of interest expense</span></td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Three Months Ended</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Six Months Ended</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 40%; text-align: left">Securitization trust debt</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--InterestExpense_c20200401__20200630__us-gaap--LongtermDebtTypeAxis__custom--SecuritizationTrustDebtMember_pn3n3" style="width: 11%; text-align: right" title="Total interest expense">22,367</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_eus-gaap--InterestExpense_c20190401__20190630__us-gaap--LongtermDebtTypeAxis__custom--SecuritizationTrustDebtMember_pn3n3" style="width: 11%; text-align: right" title="Total interest expense">24,466</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--InterestExpense_c20200101__20200630__us-gaap--LongtermDebtTypeAxis__custom--SecuritizationTrustDebtMember_pn3n3" style="width: 11%; text-align: right" title="Total interest expense">46,165</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--InterestExpense_c20190101__20190630__us-gaap--LongtermDebtTypeAxis__custom--SecuritizationTrustDebtMember_pn3n3" style="width: 11%; text-align: right" title="Total interest expense">48,454</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Warehouse lines of credit</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--InterestExpense_c20200401__20200630__us-gaap--LongtermDebtTypeAxis__custom--WarehouseLinesOfCreditMember_pn3n3" style="text-align: right" title="Total interest expense">2,675</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--InterestExpense_c20190401__20190630__us-gaap--LongtermDebtTypeAxis__custom--WarehouseLinesOfCreditMember_pn3n3" style="text-align: right" title="Total interest expense">1,960</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--InterestExpense_c20200101__20200630__us-gaap--LongtermDebtTypeAxis__custom--WarehouseLinesOfCreditMember_pn3n3" style="text-align: right" title="Total interest expense">4,437</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--InterestExpense_c20190101__20190630__us-gaap--LongtermDebtTypeAxis__custom--WarehouseLinesOfCreditMember_pn3n3" style="text-align: right" title="Total interest expense">3,980</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Residual interest financing</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--InterestExpense_c20200401__20200630__us-gaap--LongtermDebtTypeAxis__custom--ResidualInterestFinancingMember_pn3n3" style="text-align: right" title="Total interest expense">920</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--InterestExpense_c20190401__20190630__us-gaap--LongtermDebtTypeAxis__custom--ResidualInterestFinancingMember_pn3n3" style="text-align: right" title="Total interest expense">955</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--InterestExpense_c20200101__20200630__us-gaap--LongtermDebtTypeAxis__custom--ResidualInterestFinancingMember_pn3n3" style="text-align: right" title="Total interest expense">1,857</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--InterestExpense_c20190101__20190630__us-gaap--LongtermDebtTypeAxis__custom--ResidualInterestFinancingMember_pn3n3" style="text-align: right" title="Total interest expense">1,911</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Subordinated renewable notes</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_eus-gaap--InterestExpense_c20200401__20200630__us-gaap--LongtermDebtTypeAxis__custom--SubordinatedRenewableNotesMember_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Total interest expense">523</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_eus-gaap--InterestExpense_c20190401__20190630__us-gaap--LongtermDebtTypeAxis__custom--SubordinatedRenewableNotesMember_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Total interest expense">322</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--InterestExpense_c20200101__20200630__us-gaap--LongtermDebtTypeAxis__custom--SubordinatedRenewableNotesMember_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Total interest expense">1,017</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_eus-gaap--InterestExpense_c20190101__20190630__us-gaap--LongtermDebtTypeAxis__custom--SubordinatedRenewableNotesMember_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Total interest expense">648</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 2.5pt">Interest expense</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--InterestExpense_c20200401__20200630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Total interest expense">26,485</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--InterestExpense_c20190401__20190630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Total interest expense">27,703</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--InterestExpense_c20200101__20200630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Total interest expense">53,476</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--InterestExpense_c20190101__20190630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Total interest expense">54,993</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8A8_zd3eMLaKRwZ7" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"> </p> <table cellpadding="0" cellspacing="0" id="xdx_890_eus-gaap--InterestAndOtherIncomeTableTextBlock_pn3n3_zl8ory6uO5q3" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (5) Interest Income and Interest Expense (Details - Interest income)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"> <span id="xdx_8B4_z2s0gPenwIm7" style="display: none">Schedule of interest income</span></td><td> </td> <td style="text-align: left"> </td><td id="xdx_493_20200401__20200630_zbxWjU5njmU9" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_497_20190401__20190630_zCAgMrIMjlx" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_49E_20200101__20200630_zdG9Of6CQ4W3" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_490_20190101__20190630_zbsThmiw9mFd" style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Three Months Ended</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Six Months Ended</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td></tr> <tr id="xdx_40E_eus-gaap--InvestmentIncomeNet_pn3n3_zFk4SKasabk1" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 40%; text-align: left">Interest on finance receivables</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">33,773</td><td style="width: 1%; text-align: left"/><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">55,660</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">71,580</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">117,950</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_400_eus-gaap--InterestIncomePurchasedReceivables_pn3n3_zr6uMyYaKNp8" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Interest on finance receivables at fair value</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">41,659</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">27,978</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">82,465</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">50,793</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_ecustom--MarkToFinanceReceivablesMeasuredAtFairValue_iN_pn3n3_di0_zJxprSRHL1Z8" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Mark to finance receivables measured at fair value</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(9,549</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(19,899</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--InterestAndOtherIncome_pn3n3_zi16I9B6Cv82" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Other interest income</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">120</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">811</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">644</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,551</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--InterestAndDividendIncomeOperating_pn3n3_zzDDAh0z47hl" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 2.5pt">Interest income</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">66,003</td><td style="padding-bottom: 2.5pt; text-align: left"/><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">84,449</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">134,790</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">170,294</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 33773000 55660000 71580000 117950000 41659000 27978000 82465000 50793000 9549000 -0 19899000 -0 120000 811000 644000 1551000 66003000 84449000 134790000 170294000 <table cellpadding="0" cellspacing="0" id="xdx_894_eus-gaap--InterestIncomeAndInterestExpenseDisclosureTableTextBlock_pn3n3_zauCfODkyzb7" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (5) Interest Income and Interest Expense (Details - Interest expense)"> <tr style="vertical-align: bottom"> <td> <span id="xdx_8B3_ztBbaq726rwl" style="display: none">Schedule of interest expense</span></td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Three Months Ended</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Six Months Ended</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 40%; text-align: left">Securitization trust debt</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--InterestExpense_c20200401__20200630__us-gaap--LongtermDebtTypeAxis__custom--SecuritizationTrustDebtMember_pn3n3" style="width: 11%; text-align: right" title="Total interest expense">22,367</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98D_eus-gaap--InterestExpense_c20190401__20190630__us-gaap--LongtermDebtTypeAxis__custom--SecuritizationTrustDebtMember_pn3n3" style="width: 11%; text-align: right" title="Total interest expense">24,466</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_981_eus-gaap--InterestExpense_c20200101__20200630__us-gaap--LongtermDebtTypeAxis__custom--SecuritizationTrustDebtMember_pn3n3" style="width: 11%; text-align: right" title="Total interest expense">46,165</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--InterestExpense_c20190101__20190630__us-gaap--LongtermDebtTypeAxis__custom--SecuritizationTrustDebtMember_pn3n3" style="width: 11%; text-align: right" title="Total interest expense">48,454</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Warehouse lines of credit</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_eus-gaap--InterestExpense_c20200401__20200630__us-gaap--LongtermDebtTypeAxis__custom--WarehouseLinesOfCreditMember_pn3n3" style="text-align: right" title="Total interest expense">2,675</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98A_eus-gaap--InterestExpense_c20190401__20190630__us-gaap--LongtermDebtTypeAxis__custom--WarehouseLinesOfCreditMember_pn3n3" style="text-align: right" title="Total interest expense">1,960</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_986_eus-gaap--InterestExpense_c20200101__20200630__us-gaap--LongtermDebtTypeAxis__custom--WarehouseLinesOfCreditMember_pn3n3" style="text-align: right" title="Total interest expense">4,437</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--InterestExpense_c20190101__20190630__us-gaap--LongtermDebtTypeAxis__custom--WarehouseLinesOfCreditMember_pn3n3" style="text-align: right" title="Total interest expense">3,980</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Residual interest financing</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_eus-gaap--InterestExpense_c20200401__20200630__us-gaap--LongtermDebtTypeAxis__custom--ResidualInterestFinancingMember_pn3n3" style="text-align: right" title="Total interest expense">920</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_981_eus-gaap--InterestExpense_c20190401__20190630__us-gaap--LongtermDebtTypeAxis__custom--ResidualInterestFinancingMember_pn3n3" style="text-align: right" title="Total interest expense">955</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_987_eus-gaap--InterestExpense_c20200101__20200630__us-gaap--LongtermDebtTypeAxis__custom--ResidualInterestFinancingMember_pn3n3" style="text-align: right" title="Total interest expense">1,857</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_eus-gaap--InterestExpense_c20190101__20190630__us-gaap--LongtermDebtTypeAxis__custom--ResidualInterestFinancingMember_pn3n3" style="text-align: right" title="Total interest expense">1,911</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Subordinated renewable notes</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_989_eus-gaap--InterestExpense_c20200401__20200630__us-gaap--LongtermDebtTypeAxis__custom--SubordinatedRenewableNotesMember_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Total interest expense">523</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_988_eus-gaap--InterestExpense_c20190401__20190630__us-gaap--LongtermDebtTypeAxis__custom--SubordinatedRenewableNotesMember_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Total interest expense">322</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98C_eus-gaap--InterestExpense_c20200101__20200630__us-gaap--LongtermDebtTypeAxis__custom--SubordinatedRenewableNotesMember_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Total interest expense">1,017</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98D_eus-gaap--InterestExpense_c20190101__20190630__us-gaap--LongtermDebtTypeAxis__custom--SubordinatedRenewableNotesMember_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Total interest expense">648</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 2.5pt">Interest expense</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98A_eus-gaap--InterestExpense_c20200401__20200630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Total interest expense">26,485</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98D_eus-gaap--InterestExpense_c20190401__20190630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Total interest expense">27,703</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_989_eus-gaap--InterestExpense_c20200101__20200630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Total interest expense">53,476</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98E_eus-gaap--InterestExpense_c20190101__20190630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Total interest expense">54,993</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 22367000 24466000 46165000 48454000 2675000 1960000 4437000 3980000 920000 955000 1857000 1911000 523000 322000 1017000 648000 26485000 27703000 53476000 54993000 <p id="xdx_806_eus-gaap--EarningsPerShareTextBlock_z13klrSwtXxl" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>(6) <i>Earnings Per Share</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Earnings per share for the three-month and six-month periods ended June 30, 2020 and 2019 were calculated using the weighted average number of shares outstanding for the related period. The following table reconciles the number of shares used in the computations of basic and diluted earnings per share for the three-month and six-month periods ended June 30, 2020 and 2019:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"/> <table cellpadding="0" cellspacing="0" id="xdx_886_eus-gaap--ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_pn3n3_zXmFf5UOvjih" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (6) Earnings Per Share (Details - Earnings Per Share)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -10pt; padding-left: 10pt"><span id="xdx_8BF_zCidNE75Sch6" style="display: none">Computation of earnings per share</span></td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td id="xdx_491_20200401__20200630_z7sQ5i42yuMj" style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td id="xdx_490_20190401__20190630_za3O4reqIPnc" style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td id="xdx_499_20200101__20200630_z5gW2wOkFZrf" style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td id="xdx_492_20190101__20190630_zT7eKQCnRCbb" style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Three Months Ended</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Six Months Ended</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td> </td></tr> <tr id="xdx_401_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_i_pn3i" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 40%; text-align: left; text-indent: -10pt; padding-left: 10pt">Weighted average number of common shares outstanding during the period used to compute basic earnings per share</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 11%; text-align: right">22,685</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 11%; text-align: right">22,362</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 11%; text-align: right">22,612</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 11%; text-align: right">22,302</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--IncrementalCommonSharesAttributableToCallOptionsAndWarrants_i_pn3i" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -10pt; padding-left: 10pt">Incremental common shares attributable to exercise of outstanding options and warrants</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,002</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,616</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,171</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,817</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_i_pn3i" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="padding-bottom: 2.5pt; text-indent: -10pt; padding-left: 10pt">Weighted average number of common shares used to compute diluted earnings per share</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">23,687</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">23,978</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">23,783</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">24,119</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">If the anti-dilutive effects of common stock equivalents were considered, shares included in the diluted earnings per share calculation for the three-month and six-month periods ended June 30, 2020 would have included an additional <span id="xdx_907_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_pn3n3_dm_c20200401__20200630_ziZLLFw0A9cg" title="Antidilutive shares">13.3</span> million and <span id="xdx_90A_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_pn3n3_dm_c20200101__20200630_zjs7aAwXfXBb" title="Antidilutive shares">13.1</span> million shares, respectively, attributable to the exercise of outstanding options and warrants. For the three-month and six-month periods ended June 30, 2019, an additional <span id="xdx_90A_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_pn3n3_dm_c20190401__20190630_ziuiDkxQ4ztj" title="Antidilutive shares">10.7</span> million and <span id="xdx_90C_eus-gaap--AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_pn3n3_dm_c20190101__20190630_ztrJN7VRsDp3" title="Antidilutive shares">10.5</span> million shares, respectively, would be included in the diluted earnings per share calculation.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" id="xdx_886_eus-gaap--ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_pn3n3_zXmFf5UOvjih" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (6) Earnings Per Share (Details - Earnings Per Share)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -10pt; padding-left: 10pt"><span id="xdx_8BF_zCidNE75Sch6" style="display: none">Computation of earnings per share</span></td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td id="xdx_491_20200401__20200630_z7sQ5i42yuMj" style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td id="xdx_490_20190401__20190630_za3O4reqIPnc" style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td id="xdx_499_20200101__20200630_z5gW2wOkFZrf" style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: left"> </td><td id="xdx_492_20190101__20190630_zT7eKQCnRCbb" style="text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Three Months Ended</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Six Months Ended</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td> </td></tr> <tr id="xdx_401_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_i_pn3i" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 40%; text-align: left; text-indent: -10pt; padding-left: 10pt">Weighted average number of common shares outstanding during the period used to compute basic earnings per share</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 11%; text-align: right">22,685</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 11%; text-align: right">22,362</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 11%; text-align: right">22,612</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 11%; text-align: right">22,302</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--IncrementalCommonSharesAttributableToCallOptionsAndWarrants_i_pn3i" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; text-indent: -10pt; padding-left: 10pt">Incremental common shares attributable to exercise of outstanding options and warrants</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,002</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,616</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,171</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,817</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--WeightedAverageNumberOfDilutedSharesOutstanding_i_pn3i" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="padding-bottom: 2.5pt; text-indent: -10pt; padding-left: 10pt">Weighted average number of common shares used to compute diluted earnings per share</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">23,687</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">23,978</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">23,783</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">24,119</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 22685000 22362000 22612000 22302000 1002000 1616000 1171000 1817000 23687000 23978000 23783000 24119000 13300000 13100000 10700000 10500000 <p id="xdx_80D_eus-gaap--IncomeTaxDisclosureTextBlock_zzijsm7BQxU5" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>(7) <i>Income Taxes </i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">We file numerous consolidated and separate income tax returns with the United States and with many states. With few exceptions, we are no longer subject to U.S. federal, state, or local examinations by tax authorities for years before 2013.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">On March 27, 2020, the Coronavirus Aid, Relief and Economic Security (“CARES”) Act was adopted, providing wide ranging economic relief for individuals and businesses. One component of the CARES Act provides the Company with an opportunity to carry back net operating losses (“NOLs”) arising from 2018, 2019 and 2020 to the prior five tax years. The Company has such NOLs reflected on its balance sheet as a portion of deferred tax assets. The Company has previously valued its NOLs at the federal corporate income tax rate of 21%. However, the provisions of the CARES Act provide for NOL carryback claims to be calculated based on a rate of 35%, which was the federal corporate tax rate in effect for the carryback years. Consequently, the Company has revalued the benefit from its NOLs to reflect a 35% tax rate. The result of the revaluation of NOLs and other tax adjustments is a net tax benefit of $8.8 million, which is reflected in income taxes for the six-month period ending June 30, 2020.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">As of June 30, 2020, and December 31, 2019, we had <span id="xdx_902_eus-gaap--UnrecognizedTaxBenefits_iI_pn3n3_do_c20200630_z4JppExqbS1j" title="Unrecognized tax benefits"><span id="xdx_90B_eus-gaap--UnrecognizedTaxBenefits_iI_pn3n3_do_c20191231_zYtcGKeCcoK5" title="Unrecognized tax benefits">no</span></span> unrecognized tax benefits for uncertain tax positions. We do not anticipate that total unrecognized tax benefits will significantly change due to any settlements of audits or expirations of statutes of limitations over the next 12 months.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The Company and its subsidiaries file a consolidated federal income tax return and combined or stand-alone state franchise tax returns for certain states. We utilize the asset and liability method of accounting for income taxes, under which deferred income taxes are recognized for the future tax consequences attributable to the differences between the financial statement values of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred taxes of a change in tax rates is recognized in income in the period that includes the enactment date.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Deferred tax assets are recognized subject to management’s judgment that realization is more likely than not. A valuation allowance is recognized for a deferred tax asset if, based on the weight of the available evidence, it is more likely than not that some portion of the deferred tax asset will not be realized. In making such judgments, significant weight is given to evidence that can be objectively verified. Although realization is not assured, we believe that the realization of the recognized net deferred tax asset of $33.4 million as of June 30, 2020 is more likely than not based on forecasted future net earnings. Our net deferred tax asset of $<span id="xdx_904_eus-gaap--DeferredTaxAssetsNet_iI_pn3n3_dm_c20200630_zHYGAjMqFpd7" title="Net deferred tax asset">33.4</span> million consists of approximately $<span id="xdx_909_eus-gaap--DeferredTaxAssetsNet_iI_pn3n3_dm_c20200630__us-gaap--IncomeTaxAuthorityAxis__us-gaap--DomesticCountryMember_z5tSvK4sZXBi" title="Net deferred tax asset">22.1</span> million of net U.S. federal deferred tax assets and $<span id="xdx_904_eus-gaap--DeferredTaxAssetsNet_iI_pn3n3_dm_c20200630__us-gaap--IncomeTaxAuthorityAxis__us-gaap--StateAndLocalJurisdictionMember_zfZPZIYQFG85" title="Net deferred tax asset">11.3</span> million of net state deferred tax assets.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Income tax expense was $<span title="Income tax expense (benefit)">1.7</span> million <span id="xdx_90F_eus-gaap--IncomeTaxExpenseBenefit_pn3n3_c20200401__20200630_zfedcYiiE75h" style="display: none">1,671</span> for the three months ended June 30, 2020. Income tax benefit was $<span title="Income tax expense (benefit)">6.0</span> million <span id="xdx_902_eus-gaap--IncomeTaxExpenseBenefit_pn3n3_c20200101__20200630_zl6ggd8ABS0l">(6,009)</span> for the six months ended June 30, 2020, which includes net tax benefits of $8.8 million. Excluding the tax benefit, income tax expense would have been $2.8 million for the six months ended June 30,2020, representing an effective income tax rate of <span id="xdx_90A_eus-gaap--EffectiveIncomeTaxRateContinuingOperations_pii_dp_c20200101__20200630_zfGHOQEe12ea" title="Effective tax rate">36</span>%. For the prior year period, income tax expense was $<span title="Income tax expense (benefit)"><span id="xdx_906_eus-gaap--IncomeTaxExpenseBenefit_pn3p0_c20190401__20190630_zEaupCqlBuu4">970,000</span></span> and $<span title="Income tax expense (benefit)">1.9</span> million <span id="xdx_906_eus-gaap--IncomeTaxExpenseBenefit_pn3n3_c20190101__20190630_zoOAMrenJYce">1,907</span> for the three months and six months ended June 30, 2019 and represents an effective income tax rate of <span id="xdx_901_eus-gaap--EffectiveIncomeTaxRateContinuingOperations_pii_dp_c20190101__20190630_zQP5Yb7OkkR" title="Effective tax rate">35</span>%.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> 0 0 33400000 22100000 11300000 1671000 -6009000 0.36 970000 1907000 0.35 <p id="xdx_802_eus-gaap--LegalMattersAndContingenciesTextBlock_zTvAStItiEgb" style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-style: normal">(8) </span>Legal Proceedings</p> <p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"><i>Consumer Litigation</i>. We are routinely involved in various legal proceedings resulting from our consumer finance activities and practices, both continuing and discontinued. Consumers can and do initiate lawsuits against us alleging violations of law applicable to collection of receivables, and such lawsuits sometimes allege that resolution as a class action is appropriate.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.1in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">For the most part, we have legal and factual defenses to consumer claims, which we routinely contest or settle (for immaterial amounts) depending on the particular circumstances of each case.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"><i>Wage and Hour Claim. </i>On September 24, 2018, a former employee filed a lawsuit against us in the Superior Court of Orange County, California, alleging that we incorrectly classified our sales representatives as outside salespersons exempt from overtime wages, mandatory break periods and certain other employee protective provisions of California and federal law. The complaint seeks injunctive relief, an award of unpaid wages, liquidated damages, and attorney fees and interest. The plaintiff purports to act on behalf of a class of similarly situated employees and ex-employees. As of the date of this report, no motion for class certification has been filed or granted.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">We believe that our compensation practices with respect to our sales representatives are compliant with applicable law. Accordingly, we have defended and intend to continue to defend this lawsuit. We have not recorded a liability with respect to this claim on the accompanying consolidated financial statements<i>.</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"><i>In General. </i>There can be no assurance as to the outcomes of the matters described or referenced above. We record at each measurement date, most recently as of June 30, 2020, our best estimate of probable incurred losses for legal contingencies, including the matters identified above, and consumer claims. The amount of losses that may ultimately be incurred cannot be estimated with certainty. However, based on such information as is available to us, we believe that the total of probable incurred losses for legal contingencies as of June 30, 2020 is $250,000 (all of which is related to consumer claims), and that the range of reasonably possible losses for the legal proceedings and contingencies we face, including those described or identified above, as of June 30, 2020 does not exceed $3 million.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Accordingly, we believe that the ultimate resolution of such legal proceedings and contingencies should not have a material adverse effect on our consolidated financial condition. We note, however, that in light of the uncertainties inherent in contested proceedings there can be no assurance that the ultimate resolution of these matters will not be material to our operating results for a particular period, depending on, among other factors, the size of the loss or liability imposed and the level of our income for that period.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p id="xdx_80A_eus-gaap--FairValueMeasurementInputsDisclosureTextBlock_zrltVzW67WA3" style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">(9) Fair Value Measurements</p> <p style="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">ASC 820, "Fair Value Measurements" clarifies the principle that fair value should be based on the assumptions market participants would use when pricing an asset or liability and establishes a fair value hierarchy that prioritizes the information used to develop those assumptions. Under the standard, fair value measurements would be separately disclosed by level within the fair value hierarchy.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">ASC 820 defines fair value, establishes a framework for measuring fair value, establishes a three-level valuation hierarchy for disclosure of fair value measurement and enhances disclosure requirements for fair value measurements. The three levels are defined as follows: level 1 - inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets; level 2 – inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument; and level 3 – inputs to the valuation methodology are unobservable and significant to the fair value measurement.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Effective January 2018 we have elected to use the fair value method to value our portfolio of finance receivables acquired in January 2018 and thereafter.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Our valuation policies and procedures have been developed by our Accounting department in conjunction with our Risk department and with consultation with outside valuation experts. Our policies and procedures have been approved by our Chief Executive and our Board of Directors and include methodologies for valuation, internal reporting, calibration and back testing. Our periodic review of valuations includes an analysis of changes in fair value measurements and documentation of the reasons for such changes. There is little available third-party information such as broker quotes or pricing services available to assist us in our valuation process.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Our level 3, unobservable inputs reflect our own assumptions about the factors that market participants use in pricing similar receivables and are based on the best information available in the circumstances. They include such inputs as estimates for the magnitude and timing of net charge-offs and the rate of amortization of the portfolio of finance receivable. <span style="color: #323232">Significant changes in any of those inputs in isolation would have a significant effect on our fair value measurement.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">For the period ended June 30, 2020, the Company considered the effect of the pandemic on the portfolio of finance receivables carried at fair value and recorded a mark down to that portfolio of $19.9 million.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The table below presents a reconciliation of the finance receivables measured at fair value on a recurring basis using significant unobservable inputs:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" id="xdx_896_eus-gaap--FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_pn3n3_ziYrXjZcx2qd" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (9) Fair Value Measurements (Details - Reconciliation of Finance Receivables)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"><span id="xdx_8B6_zEcqY2kxFkkb" style="display: none">Schedule of reconciliation of the finance receivables measured at fair value on a recurring basis</span></td><td> </td> <td style="text-align: left"> </td><td id="xdx_490_20200401__20200630_z7GvMftZL5xd" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_49E_20190401__20190630_z7kn8qHA5nU3" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_49D_20200101__20200630_zYYm29mVEAi4" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_498_20190101__20190630_zNwZrky2vxed" style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Three Months Ended</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Six Months Ended</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td></tr> <tr id="xdx_402_eus-gaap--ReceivablesFairValueDisclosure_iS_pn3n3" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 40%">Balance at beginning of period</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">1,559,697</td><td style="width: 1%; text-align: left"/><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">997,552</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">1,444,038</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">821,066</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--PaymentsToAcquireFinanceReceivables_i_pn3n3" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Finance receivables at fair value acquired during period</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">134,447</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">249,873</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">399,729</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">494,626</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_ecustom--PaymentsOnFinanceReceivablesAtFairValue_i_pn3n3" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Payments received on finance receivables at fair value</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(112,505</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(68,005</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(222,063</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(117,505</td><td style="text-align: left">)</td></tr> <tr id="xdx_40E_ecustom--NetInterestIncomeAccretionOnFairValueReceivables_i_pn3n3" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Net interest income accretion on fair value receivables</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(34,441</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(21,055</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(64,156</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(39,822</td><td style="text-align: left">)</td></tr> <tr id="xdx_40F_ecustom--MarkToFairValue_d0_zYCaqFe1MoG5" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 1pt">Mark to fair value</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(9,549</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">–</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(19,899</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">–</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--ReceivablesFairValueDisclosure_iE_pn3n3" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Balance at end of period</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,537,649</td><td style="padding-bottom: 2.5pt; text-align: left"/><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,158,365</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,537,649</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,158,365</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8AA_zX0DOGqKzUy3" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The table below compares the fair values of these finance receivables to their contractual balances for the periods shown:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"/> <table cellpadding="0" cellspacing="0" id="xdx_89A_ecustom--ScheduleOfFinanceReceivablesToTheirContractualBalancesTableTextBlock_pn3n3_z07DZPG4Rrqc" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (9) Fair Value Measurements (Details - Finance Receivables to Their Contractual Balances)"> <tr style="vertical-align: bottom"> <td> <span id="xdx_8BF_zD1BcEMLbt3b" style="display: none">Schedule of finance receivables to their contractual balances</span></td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30, 2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">December 31, 2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Contractual</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Fair</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Contractual</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Fair</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Balance</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Value</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Balance</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Value</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="14" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 40%; text-align: left">Finance receivables measured at fair value</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--ReceivablesFairValueDisclosure_c20200630__us-gaap--SecuritiesFinancingTransactionAxis__custom--ContractualBalanceMember_pn3n3" style="width: 11%; text-align: right" title="Finance receivables measured at fair value">1,631,731</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_eus-gaap--ReceivablesFairValueDisclosure_c20200630__us-gaap--FairValueByMeasurementBasisAxis__us-gaap--PortionAtFairValueFairValueDisclosureMember_pn3n3" style="width: 11%; text-align: right" title="Finance receivables measured at fair value">1,537,649</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98B_eus-gaap--ReceivablesFairValueDisclosure_c20191231__us-gaap--SecuritiesFinancingTransactionAxis__custom--ContractualBalanceMember_pn3n3" style="width: 11%; text-align: right" title="Finance receivables measured at fair value">1,492,803</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_eus-gaap--ReceivablesFairValueDisclosure_c20191231__us-gaap--FairValueByMeasurementBasisAxis__us-gaap--PortionAtFairValueFairValueDisclosureMember_pn3n3" style="width: 11%; text-align: right" title="Finance receivables measured at fair value">1,444,038</td><td style="width: 1%; text-align: left"> </td></tr> </table> <p id="xdx_8A7_zmUK9zCkVbt8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The following table provides certain qualitative information about our level 3 fair value measurements:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"/> <table cellpadding="0" cellspacing="0" id="xdx_899_eus-gaap--ScheduleOfEffectOfSignificantUnobservableInputsChangesInPlanAssetsTableTextBlock_pn3n3_zSWOpyD26o62" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (9) Fair Value Measurements (Details - Level 3 Fair Value Measurements)"> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold"> <span id="xdx_8B2_zrNmm0NSisyk" style="display: none">Schedule of level 3 fair value measurements</span></td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Financial Instrument</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Values as of</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Inputs as of</b></td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: center"/><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">June 30,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">December 31,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: center"/><td> </td> <td colspan="2" style="text-align: center"><b>June 30,</b></td><td> </td><td> </td> <td colspan="2" style="text-align: center"><b>December 31,</b></td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Unobservable Inputs</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: center"/><td> </td> <td style="text-align: left"> </td><td colspan="5" style="text-align: center"><b>(In thousands)</b></td><td style="text-align: left"> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold">Assets:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 27%; text-align: left">Finance receivables measured at fair value</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_eus-gaap--ReceivablesFairValueDisclosure_c20200630__us-gaap--FairValueByMeasurementBasisAxis__us-gaap--PortionAtFairValueFairValueDisclosureMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_pn3n3" style="width: 11%; text-align: right" title="Finance receivables measured at fair value">1,537,649</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_983_eus-gaap--ReceivablesFairValueDisclosure_c20191231__us-gaap--FairValueByMeasurementBasisAxis__us-gaap--PortionAtFairValueFairValueDisclosureMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_pn3n3" style="width: 11%; text-align: right" title="Finance receivables measured at fair value">1,444,038</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 15%; text-align: center">Discount rate</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 11%; text-align: right"><span id="xdx_904_ecustom--FairValueUnobservableInputsPercentage_iI_pii_dp_c20200630__us-gaap--FairValueByMeasurementBasisAxis__us-gaap--PortionAtFairValueFairValueDisclosureMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__us-gaap--MeasurementInputDiscountRateMember__srt--RangeAxis__srt--MinimumMember_zPR0Zra9dRR3" title="Unobservable Inputs">10.0</span>% - <span id="xdx_900_ecustom--FairValueUnobservableInputsPercentage_iI_pii_dp_c20200630__us-gaap--FairValueByMeasurementBasisAxis__us-gaap--PortionAtFairValueFairValueDisclosureMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__us-gaap--MeasurementInputDiscountRateMember__srt--RangeAxis__srt--MaximumMember_zcJxMgEvBZd3" title="Unobservable Inputs">11.1</span>%</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 11%; text-align: right"><span id="xdx_90B_ecustom--FairValueUnobservableInputsPercentage_iI_pii_dp_c20191231__us-gaap--FairValueByMeasurementBasisAxis__us-gaap--PortionAtFairValueFairValueDisclosureMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__us-gaap--MeasurementInputDiscountRateMember__srt--RangeAxis__srt--MinimumMember_z2hHzz6QmwVh" title="Unobservable Inputs">8.9</span>% - <span id="xdx_905_ecustom--FairValueUnobservableInputsPercentage_iI_pii_dp_c20191231__us-gaap--FairValueByMeasurementBasisAxis__us-gaap--PortionAtFairValueFairValueDisclosureMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__us-gaap--MeasurementInputDiscountRateMember__srt--RangeAxis__srt--MaximumMember_zAFKzoNpLwDb" title="Unobservable Inputs">11.1</span>%</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: center"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">Cumulative net losses</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_906_ecustom--FairValueUnobservableInputsPercentage_iI_pii_dp_c20200630__us-gaap--FairValueByMeasurementBasisAxis__us-gaap--PortionAtFairValueFairValueDisclosureMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__custom--MeasurementInputCumulativeNetLosseseMember__srt--RangeAxis__srt--MinimumMember_zVVcxMZ9Oird" title="Unobservable Inputs">15.3</span>% - <span id="xdx_901_ecustom--FairValueUnobservableInputsPercentage_iI_pii_dp_c20200630__us-gaap--FairValueByMeasurementBasisAxis__us-gaap--PortionAtFairValueFairValueDisclosureMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__custom--MeasurementInputCumulativeNetLosseseMember__srt--RangeAxis__srt--MaximumMember_zFRdEY6em0a" title="Unobservable Inputs">18.4</span>%</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_905_ecustom--FairValueUnobservableInputsPercentage_iI_pii_dp_c20191231__us-gaap--FairValueByMeasurementBasisAxis__us-gaap--PortionAtFairValueFairValueDisclosureMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__custom--MeasurementInputCumulativeNetLosseseMember__srt--RangeAxis__srt--MinimumMember_zsw78ilBRB0d" title="Unobservable Inputs">15.0%</span> - <span id="xdx_901_ecustom--FairValueUnobservableInputsPercentage_iI_pii_dp_c20191231__us-gaap--FairValueByMeasurementBasisAxis__us-gaap--PortionAtFairValueFairValueDisclosureMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__custom--MeasurementInputCumulativeNetLosseseMember__srt--RangeAxis__srt--MaximumMember_zINIvLimrIuh" title="Unobservable Inputs">16.1</span>%</td><td style="text-align: left"> </td></tr> </table> <p id="xdx_8A3_z8OWqS4c9SOc" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The following table summarizes the delinquency status of these finance receivables measured at fair value as of June 30, 2020 and December 31, 2019:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.1in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.1in"/> <table cellpadding="0" cellspacing="0" id="xdx_89A_ecustom--ScheduleOfDelinquencyStatusOfFinanceReceivablesMeasuredAtFairValueTableTextBlock_pn3n3_z9Vp2JToFIr6" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (9) Fair Value Measurements (Details - Delinquency status)"> <tr style="vertical-align: bottom"> <td> <span id="xdx_8BD_zUgJKrXkYSA1" style="display: none">Schedule of delinquency status of finance receivables measured at fair value</span></td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">June 30,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">December 31,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Delinquency Status</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 70%">Current </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98E_ecustom--FinanceReceivablesMeasuredAtFairValueCurrent_c20200630_pn3n3" style="width: 11%; text-align: right" title="Finance receivables measured at fair value current">1,523,495</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_ecustom--FinanceReceivablesMeasuredAtFairValueCurrent_c20191231_pn3n3" style="width: 11%; text-align: right" title="Finance receivables measured at fair value current">1,344,883</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>31 - 60 days</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--FinanceReceivablesMeasuredAtFairValue_c20200630__us-gaap--FinancingReceivablesPeriodPastDueAxis__us-gaap--FinancingReceivables30To59DaysPastDueMember_pn3n3" style="text-align: right" title="Finance receivables measured at fair value">62,675</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--FinanceReceivablesMeasuredAtFairValue_c20191231__us-gaap--FinancingReceivablesPeriodPastDueAxis__us-gaap--FinancingReceivables30To59DaysPastDueMember_pn3n3" style="text-align: right" title="Finance receivables measured at fair value">81,262</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>61 - 90 days</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--FinanceReceivablesMeasuredAtFairValue_c20200630__us-gaap--FinancingReceivablesPeriodPastDueAxis__us-gaap--FinancingReceivables60To89DaysPastDueMember_pn3n3" style="text-align: right" title="Finance receivables measured at fair value">22,246</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--FinanceReceivablesMeasuredAtFairValue_c20191231__us-gaap--FinancingReceivablesPeriodPastDueAxis__us-gaap--FinancingReceivables60To89DaysPastDueMember_pn3n3" style="text-align: right" title="Finance receivables measured at fair value">34,280</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>91 + days</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--FinanceReceivablesMeasuredAtFairValue_c20200630__us-gaap--FinancingReceivablesPeriodPastDueAxis__us-gaap--FinancingReceivablesEqualToGreaterThan90DaysPastDueMember_pn3n3" style="text-align: right" title="Finance receivables measured at fair value">8,127</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--FinanceReceivablesMeasuredAtFairValue_c20191231__us-gaap--FinancingReceivablesPeriodPastDueAxis__us-gaap--FinancingReceivablesEqualToGreaterThan90DaysPastDueMember_pn3n3" style="text-align: right" title="Finance receivables measured at fair value">15,167</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="padding-bottom: 1pt">Repo</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_ecustom--FinanceReceivablesMeasuredAtFairValue_c20200630__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--RepossessedVehiclesMember_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Finance receivables measured at fair value">15,188</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_ecustom--FinanceReceivablesMeasuredAtFairValue_c20191231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--RepossessedVehiclesMember_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Finance receivables measured at fair value">17,211</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_ecustom--FinanceReceivablesMeasuredAtFairValue_c20200630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Finance receivables measured at fair value">1,631,731</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_ecustom--FinanceReceivablesMeasuredAtFairValue_c20191231_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Finance receivables measured at fair value">1,492,803</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8A8_zFIBwcBujnv6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.1in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">Repossessed vehicle inventory, which is included in Other assets on our unaudited condensed consolidated balance sheet, is measured at fair value using level 2 assumptions based on our actual loss experience on sale of repossessed vehicles. At June 30, 2020 the finance receivables related to the repossessed vehicles in inventory totaled $27.8 million. We have applied a valuation adjustment, or loss allowance, of $23.1 million, which is based on a recovery rate of approximately 17%, resulting in an estimated fair value and carrying amount of $4.7 million. The fair value and carrying amount of the repossessed inventory at December 31, 2019 was $7.5 million after applying a valuation adjustment of $21.4 million.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">There were no transfers in or out of level 1, level 2 or level 3 assets and liabilities for the three months ended June 30, 2020 and 2019.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify">The estimated fair values of financial assets and liabilities at June 30, 2020 and December 31, 2019, were as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"/> <table cellpadding="0" cellspacing="0" id="xdx_892_eus-gaap--FairValueByBalanceSheetGroupingTextBlock_pn3n3_zgrPpAE8q4sf" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (9) Fair Value Measurements (Details - Fair values)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"><span id="xdx_8B6_z1KxnmH6NlM8" style="display: none">Schedule of estimated fair values of financial assets and liabilities</span></td><td> </td> <td style="text-align: left"> </td><td id="xdx_49E_20200630__us-gaap--FairValueByAssetClassAxis__custom--CarryingValueMember_zZ14tv40cqh8" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_49A_20200630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_z0PW1ZVWVQw6" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_490_20200630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zcq0IIachGrh" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_49C_20200630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zcqnODdgadJk" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_49B_20200630_z0qXJNR3K4o3" style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="18" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As of June 30, 2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Financial Instrument</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="18" style="padding-bottom: 1pt; font-weight: bold; text-align: center">(In thousands)</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="padding-bottom: 1pt; font-weight: bold; text-align: center">Carrying</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Value Measurements Using:</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Value</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 1</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 2</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 3</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Total</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_404_eus-gaap--FinancialInstrumentsFinancialAssetsBalanceSheetGroupingsAbstract_iB" style="vertical-align: bottom"> <td style="font-weight: bold">Assets:</td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td></tr> <tr id="xdx_402_eus-gaap--CashAndCashEquivalentsAtCarryingValue_i01I_pn3n3_d0_zsPyVP1bcnp6" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 25%; text-align: left">Cash and cash equivalents</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">7,475</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">7,475</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">–</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">–</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">7,475</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--RestrictedCashAndCashEquivalents_i01I_pn3n3_d0_zmpDqKJCBfck" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Restricted cash and equivalents</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">139,191</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">139,191</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">139,191</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_ecustom--FinanceReceivablesFairValueDisclosure_i01I_pn3n3_d0_zj2c967VE5mi" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Finance receivables, net</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">571,170</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">526,888</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">526,888</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--AccruedInvestmentIncomeReceivable_i01I_pn3n3_d0_zi0lmZ7ONfxc" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Accrued interest receivable</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7,229</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7,229</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7,229</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract_iB" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-weight: bold">Liabilities:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--LinesOfCreditCurrent_i01I_pn3n3_d0_zB7rXtK9abVc" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Warehouse lines of credit</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">56,668</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">56,668</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">56,668</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--AccountsPayableFairValueDisclosure_i01I_pn3n3_d0_z1PpGL0UzHjj" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Accrued interest payable</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,231</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,231</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,231</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--OtherLiabilitiesFairValueDisclosure_i01I_pn3n3_d0_zQhrr3wFBlHa" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Residual interest financing</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">37,544</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">37,544</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">37,544</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--SecuredDebt_i01I_pn3n3_d0_z7UbEtXkwx97" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Securitization trust debt</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,051,172</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,034,363</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,034,363</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--SubordinatedDebt_i01I_pn3n3_d0_zt7DZ7e7qTSd" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Subordinated renewable notes</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">19,580</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">19,580</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">19,580</td><td style="text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"/> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_492_20191231__us-gaap--FairValueByAssetClassAxis__custom--CarryingValueMember_zhKdIY4MET2k" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_49E_20191231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_z3fGHFoeymri" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_491_20191231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zA56OoOEsntg" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_49D_20191231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_z1q6MBoCzLCg" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_496_20191231_z1C0xJpue6p2" style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="18" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As of December 31, 2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Financial Instrument</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="18" style="padding-bottom: 1pt; font-weight: bold; text-align: center">(In thousands)</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="padding-bottom: 1pt; font-weight: bold; text-align: center">Carrying</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Value Measurements Using:</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Value</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 1</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 2</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 3</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Total</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold">Assets:</td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td></tr> <tr id="xdx_402_eus-gaap--CashAndCashEquivalentsAtCarryingValue_i01I_pn3n3_d0_zHREIBogxqna" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 25%; text-align: left">Cash and cash equivalents</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">5,295</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">5,295</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">–</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">–</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">5,295</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--RestrictedCashAndCashEquivalents_i01I_pn3n3_d0_zJvxwDme3lea" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Restricted cash and equivalents</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">135,537</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">135,537</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">135,537</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_ecustom--FinanceReceivablesFairValueDisclosure_i01I_pn3n3_d0_zcJtRge07tPg" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Finance receivables, net</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">885,890</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">841,160</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">841,160</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--AccruedInvestmentIncomeReceivable_i01I_pn3n3_d0_zWbFWqIC4CC8" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Accrued interest receivable</td><td> </td> <td style="text-align: left"/><td style="text-align: right">11,645</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">11,645</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">11,645</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-weight: bold">Liabilities:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--LinesOfCreditCurrent_i01I_pn3n3_d0_z4mCSo1iS788" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Warehouse lines of credit</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">134,791</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">134,791</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">134,791</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--AccountsPayableFairValueDisclosure_i01I_pn3n3_d0_zjynDsSAWlkg" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Accrued interest payable</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,254</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,254</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,254</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--OtherLiabilitiesFairValueDisclosure_i01I_pn3n3_d0_z787T542gvp" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Residual interest financing</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">39,478</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">39,478</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">39,478</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--SecuredDebt_i01I_pn3n3_d0_zOZ4AfG7NVnh" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Securitization trust debt</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,097,728</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,116,520</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,116,520</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--SubordinatedDebt_i01I_pn3n3_d0_zVORWTuF0Wff" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Subordinated renewable notes</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">17,534</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">17,534</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">17,534</td><td style="text-align: left"> </td></tr> </table> <p id="xdx_8AC_z6iU5iW8gjXk" style="margin-top: 0; margin-bottom: 0"> </p> <table cellpadding="0" cellspacing="0" id="xdx_896_eus-gaap--FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_pn3n3_ziYrXjZcx2qd" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (9) Fair Value Measurements (Details - Reconciliation of Finance Receivables)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"><span id="xdx_8B6_zEcqY2kxFkkb" style="display: none">Schedule of reconciliation of the finance receivables measured at fair value on a recurring basis</span></td><td> </td> <td style="text-align: left"> </td><td id="xdx_490_20200401__20200630_z7GvMftZL5xd" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_49E_20190401__20190630_z7kn8qHA5nU3" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_49D_20200101__20200630_zYYm29mVEAi4" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_498_20190101__20190630_zNwZrky2vxed" style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Three Months Ended</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Six Months Ended</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30,</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td></tr> <tr id="xdx_402_eus-gaap--ReceivablesFairValueDisclosure_iS_pn3n3" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 40%">Balance at beginning of period</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">1,559,697</td><td style="width: 1%; text-align: left"/><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">997,552</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">1,444,038</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">821,066</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--PaymentsToAcquireFinanceReceivables_i_pn3n3" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Finance receivables at fair value acquired during period</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">134,447</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">249,873</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">399,729</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">494,626</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_ecustom--PaymentsOnFinanceReceivablesAtFairValue_i_pn3n3" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Payments received on finance receivables at fair value</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(112,505</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(68,005</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(222,063</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(117,505</td><td style="text-align: left">)</td></tr> <tr id="xdx_40E_ecustom--NetInterestIncomeAccretionOnFairValueReceivables_i_pn3n3" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Net interest income accretion on fair value receivables</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(34,441</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(21,055</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(64,156</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(39,822</td><td style="text-align: left">)</td></tr> <tr id="xdx_40F_ecustom--MarkToFairValue_d0_zYCaqFe1MoG5" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left; padding-bottom: 1pt">Mark to fair value</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(9,549</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">–</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(19,899</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">–</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr id="xdx_40C_eus-gaap--ReceivablesFairValueDisclosure_iE_pn3n3" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Balance at end of period</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,537,649</td><td style="padding-bottom: 2.5pt; text-align: left"/><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,158,365</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,537,649</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,158,365</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 1559697000 997552000 1444038000 821066000 134447000 249873000 399729000 494626000 -112505000 -68005000 -222063000 -117505000 -34441000 -21055000 -64156000 -39822000 -9549000 0 -19899000 0 1537649000 1158365000 1537649000 1158365000 <table cellpadding="0" cellspacing="0" id="xdx_89A_ecustom--ScheduleOfFinanceReceivablesToTheirContractualBalancesTableTextBlock_pn3n3_z07DZPG4Rrqc" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (9) Fair Value Measurements (Details - Finance Receivables to Their Contractual Balances)"> <tr style="vertical-align: bottom"> <td> <span id="xdx_8BF_zD1BcEMLbt3b" style="display: none">Schedule of finance receivables to their contractual balances</span></td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">June 30, 2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">December 31, 2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Contractual</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Fair</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Contractual</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">Fair</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Balance</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Value</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Balance</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Value</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="14" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 40%; text-align: left">Finance receivables measured at fair value</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_980_eus-gaap--ReceivablesFairValueDisclosure_c20200630__us-gaap--SecuritiesFinancingTransactionAxis__custom--ContractualBalanceMember_pn3n3" style="width: 11%; text-align: right" title="Finance receivables measured at fair value">1,631,731</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_986_eus-gaap--ReceivablesFairValueDisclosure_c20200630__us-gaap--FairValueByMeasurementBasisAxis__us-gaap--PortionAtFairValueFairValueDisclosureMember_pn3n3" style="width: 11%; text-align: right" title="Finance receivables measured at fair value">1,537,649</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98B_eus-gaap--ReceivablesFairValueDisclosure_c20191231__us-gaap--SecuritiesFinancingTransactionAxis__custom--ContractualBalanceMember_pn3n3" style="width: 11%; text-align: right" title="Finance receivables measured at fair value">1,492,803</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_eus-gaap--ReceivablesFairValueDisclosure_c20191231__us-gaap--FairValueByMeasurementBasisAxis__us-gaap--PortionAtFairValueFairValueDisclosureMember_pn3n3" style="width: 11%; text-align: right" title="Finance receivables measured at fair value">1,444,038</td><td style="width: 1%; text-align: left"> </td></tr> </table> 1631731000 1537649000 1492803000 1444038000 <table cellpadding="0" cellspacing="0" id="xdx_899_eus-gaap--ScheduleOfEffectOfSignificantUnobservableInputsChangesInPlanAssetsTableTextBlock_pn3n3_zSWOpyD26o62" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (9) Fair Value Measurements (Details - Level 3 Fair Value Measurements)"> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold"> <span id="xdx_8B2_zrNmm0NSisyk" style="display: none">Schedule of level 3 fair value measurements</span></td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Financial Instrument</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Values as of</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="6" style="border-bottom: Black 1pt solid; text-align: center"><b>Inputs as of</b></td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: center"/><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">June 30,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">December 31,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td style="font-weight: bold; text-align: center"/><td> </td> <td colspan="2" style="text-align: center"><b>June 30,</b></td><td> </td><td> </td> <td colspan="2" style="text-align: center"><b>December 31,</b></td><td> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Unobservable Inputs</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold; text-align: center"/><td> </td> <td style="text-align: left"> </td><td colspan="5" style="text-align: center"><b>(In thousands)</b></td><td style="text-align: left"> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-weight: bold">Assets:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 27%; text-align: left">Finance receivables measured at fair value</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_eus-gaap--ReceivablesFairValueDisclosure_c20200630__us-gaap--FairValueByMeasurementBasisAxis__us-gaap--PortionAtFairValueFairValueDisclosureMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_pn3n3" style="width: 11%; text-align: right" title="Finance receivables measured at fair value">1,537,649</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_983_eus-gaap--ReceivablesFairValueDisclosure_c20191231__us-gaap--FairValueByMeasurementBasisAxis__us-gaap--PortionAtFairValueFairValueDisclosureMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_pn3n3" style="width: 11%; text-align: right" title="Finance receivables measured at fair value">1,444,038</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 15%; text-align: center">Discount rate</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 11%; text-align: right"><span id="xdx_904_ecustom--FairValueUnobservableInputsPercentage_iI_pii_dp_c20200630__us-gaap--FairValueByMeasurementBasisAxis__us-gaap--PortionAtFairValueFairValueDisclosureMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__us-gaap--MeasurementInputDiscountRateMember__srt--RangeAxis__srt--MinimumMember_zPR0Zra9dRR3" title="Unobservable Inputs">10.0</span>% - <span id="xdx_900_ecustom--FairValueUnobservableInputsPercentage_iI_pii_dp_c20200630__us-gaap--FairValueByMeasurementBasisAxis__us-gaap--PortionAtFairValueFairValueDisclosureMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__us-gaap--MeasurementInputDiscountRateMember__srt--RangeAxis__srt--MaximumMember_zcJxMgEvBZd3" title="Unobservable Inputs">11.1</span>%</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 11%; text-align: right"><span id="xdx_90B_ecustom--FairValueUnobservableInputsPercentage_iI_pii_dp_c20191231__us-gaap--FairValueByMeasurementBasisAxis__us-gaap--PortionAtFairValueFairValueDisclosureMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__us-gaap--MeasurementInputDiscountRateMember__srt--RangeAxis__srt--MinimumMember_z2hHzz6QmwVh" title="Unobservable Inputs">8.9</span>% - <span id="xdx_905_ecustom--FairValueUnobservableInputsPercentage_iI_pii_dp_c20191231__us-gaap--FairValueByMeasurementBasisAxis__us-gaap--PortionAtFairValueFairValueDisclosureMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__us-gaap--MeasurementInputDiscountRateMember__srt--RangeAxis__srt--MaximumMember_zAFKzoNpLwDb" title="Unobservable Inputs">11.1</span>%</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: center"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">Cumulative net losses</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_906_ecustom--FairValueUnobservableInputsPercentage_iI_pii_dp_c20200630__us-gaap--FairValueByMeasurementBasisAxis__us-gaap--PortionAtFairValueFairValueDisclosureMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__custom--MeasurementInputCumulativeNetLosseseMember__srt--RangeAxis__srt--MinimumMember_zVVcxMZ9Oird" title="Unobservable Inputs">15.3</span>% - <span id="xdx_901_ecustom--FairValueUnobservableInputsPercentage_iI_pii_dp_c20200630__us-gaap--FairValueByMeasurementBasisAxis__us-gaap--PortionAtFairValueFairValueDisclosureMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__custom--MeasurementInputCumulativeNetLosseseMember__srt--RangeAxis__srt--MaximumMember_zFRdEY6em0a" title="Unobservable Inputs">18.4</span>%</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span id="xdx_905_ecustom--FairValueUnobservableInputsPercentage_iI_pii_dp_c20191231__us-gaap--FairValueByMeasurementBasisAxis__us-gaap--PortionAtFairValueFairValueDisclosureMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__custom--MeasurementInputCumulativeNetLosseseMember__srt--RangeAxis__srt--MinimumMember_zsw78ilBRB0d" title="Unobservable Inputs">15.0%</span> - <span id="xdx_901_ecustom--FairValueUnobservableInputsPercentage_iI_pii_dp_c20191231__us-gaap--FairValueByMeasurementBasisAxis__us-gaap--PortionAtFairValueFairValueDisclosureMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member__us-gaap--MeasurementInputTypeAxis__custom--MeasurementInputCumulativeNetLosseseMember__srt--RangeAxis__srt--MaximumMember_zINIvLimrIuh" title="Unobservable Inputs">16.1</span>%</td><td style="text-align: left"> </td></tr> </table> 1537649000 1444038000 0.100 0.111 0.089 0.111 0.153 0.184 0.150 0.161 <table cellpadding="0" cellspacing="0" id="xdx_89A_ecustom--ScheduleOfDelinquencyStatusOfFinanceReceivablesMeasuredAtFairValueTableTextBlock_pn3n3_z9Vp2JToFIr6" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (9) Fair Value Measurements (Details - Delinquency status)"> <tr style="vertical-align: bottom"> <td> <span id="xdx_8BD_zUgJKrXkYSA1" style="display: none">Schedule of delinquency status of finance receivables measured at fair value</span></td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">June 30,</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center">December 31,</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(In thousands)</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Delinquency Status</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 70%">Current </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98E_ecustom--FinanceReceivablesMeasuredAtFairValueCurrent_c20200630_pn3n3" style="width: 11%; text-align: right" title="Finance receivables measured at fair value current">1,523,495</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_988_ecustom--FinanceReceivablesMeasuredAtFairValueCurrent_c20191231_pn3n3" style="width: 11%; text-align: right" title="Finance receivables measured at fair value current">1,344,883</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>31 - 60 days</td><td> </td> <td style="text-align: left"> </td><td id="xdx_98B_ecustom--FinanceReceivablesMeasuredAtFairValue_c20200630__us-gaap--FinancingReceivablesPeriodPastDueAxis__us-gaap--FinancingReceivables30To59DaysPastDueMember_pn3n3" style="text-align: right" title="Finance receivables measured at fair value">62,675</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--FinanceReceivablesMeasuredAtFairValue_c20191231__us-gaap--FinancingReceivablesPeriodPastDueAxis__us-gaap--FinancingReceivables30To59DaysPastDueMember_pn3n3" style="text-align: right" title="Finance receivables measured at fair value">81,262</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td>61 - 90 days</td><td> </td> <td style="text-align: left"> </td><td id="xdx_980_ecustom--FinanceReceivablesMeasuredAtFairValue_c20200630__us-gaap--FinancingReceivablesPeriodPastDueAxis__us-gaap--FinancingReceivables60To89DaysPastDueMember_pn3n3" style="text-align: right" title="Finance receivables measured at fair value">22,246</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98E_ecustom--FinanceReceivablesMeasuredAtFairValue_c20191231__us-gaap--FinancingReceivablesPeriodPastDueAxis__us-gaap--FinancingReceivables60To89DaysPastDueMember_pn3n3" style="text-align: right" title="Finance receivables measured at fair value">34,280</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>91 + days</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--FinanceReceivablesMeasuredAtFairValue_c20200630__us-gaap--FinancingReceivablesPeriodPastDueAxis__us-gaap--FinancingReceivablesEqualToGreaterThan90DaysPastDueMember_pn3n3" style="text-align: right" title="Finance receivables measured at fair value">8,127</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_98C_ecustom--FinanceReceivablesMeasuredAtFairValue_c20191231__us-gaap--FinancingReceivablesPeriodPastDueAxis__us-gaap--FinancingReceivablesEqualToGreaterThan90DaysPastDueMember_pn3n3" style="text-align: right" title="Finance receivables measured at fair value">15,167</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="padding-bottom: 1pt">Repo</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98F_ecustom--FinanceReceivablesMeasuredAtFairValue_c20200630__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--RepossessedVehiclesMember_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Finance receivables measured at fair value">15,188</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_985_ecustom--FinanceReceivablesMeasuredAtFairValue_c20191231__us-gaap--FinancingReceivablesPeriodPastDueAxis__custom--RepossessedVehiclesMember_pn3n3" style="border-bottom: Black 1pt solid; text-align: right" title="Finance receivables measured at fair value">17,211</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_ecustom--FinanceReceivablesMeasuredAtFairValue_c20200630_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Finance receivables measured at fair value">1,631,731</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_ecustom--FinanceReceivablesMeasuredAtFairValue_c20191231_pn3n3" style="border-bottom: Black 2.5pt double; text-align: right" title="Finance receivables measured at fair value">1,492,803</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> 1523495000 1344883000 62675000 81262000 22246000 34280000 8127000 15167000 15188000 17211000 1631731000 1492803000 <table cellpadding="0" cellspacing="0" id="xdx_892_eus-gaap--FairValueByBalanceSheetGroupingTextBlock_pn3n3_zgrPpAE8q4sf" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - (9) Fair Value Measurements (Details - Fair values)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"><span id="xdx_8B6_z1KxnmH6NlM8" style="display: none">Schedule of estimated fair values of financial assets and liabilities</span></td><td> </td> <td style="text-align: left"> </td><td id="xdx_49E_20200630__us-gaap--FairValueByAssetClassAxis__custom--CarryingValueMember_zZ14tv40cqh8" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_49A_20200630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_z0PW1ZVWVQw6" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_490_20200630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zcq0IIachGrh" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_49C_20200630__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zcqnODdgadJk" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_49B_20200630_z0qXJNR3K4o3" style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="18" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As of June 30, 2020</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Financial Instrument</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="18" style="padding-bottom: 1pt; font-weight: bold; text-align: center">(In thousands)</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="padding-bottom: 1pt; font-weight: bold; text-align: center">Carrying</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Value Measurements Using:</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Value</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 1</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 2</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 3</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Total</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr id="xdx_404_eus-gaap--FinancialInstrumentsFinancialAssetsBalanceSheetGroupingsAbstract_iB" style="vertical-align: bottom"> <td style="font-weight: bold">Assets:</td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td></tr> <tr id="xdx_402_eus-gaap--CashAndCashEquivalentsAtCarryingValue_i01I_pn3n3_d0_zsPyVP1bcnp6" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 25%; text-align: left">Cash and cash equivalents</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">7,475</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">7,475</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">–</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">–</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">7,475</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--RestrictedCashAndCashEquivalents_i01I_pn3n3_d0_zmpDqKJCBfck" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Restricted cash and equivalents</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">139,191</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">139,191</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">139,191</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_ecustom--FinanceReceivablesFairValueDisclosure_i01I_pn3n3_d0_zj2c967VE5mi" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Finance receivables, net</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">571,170</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">526,888</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">526,888</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--AccruedInvestmentIncomeReceivable_i01I_pn3n3_d0_zi0lmZ7ONfxc" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Accrued interest receivable</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7,229</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7,229</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7,229</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract_iB" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-weight: bold">Liabilities:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--LinesOfCreditCurrent_i01I_pn3n3_d0_zB7rXtK9abVc" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Warehouse lines of credit</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">56,668</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">56,668</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">56,668</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--AccountsPayableFairValueDisclosure_i01I_pn3n3_d0_z1PpGL0UzHjj" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Accrued interest payable</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,231</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,231</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,231</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--OtherLiabilitiesFairValueDisclosure_i01I_pn3n3_d0_zQhrr3wFBlHa" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Residual interest financing</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">37,544</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">37,544</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">37,544</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--SecuredDebt_i01I_pn3n3_d0_z7UbEtXkwx97" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Securitization trust debt</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,051,172</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,034,363</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,034,363</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--SubordinatedDebt_i01I_pn3n3_d0_zt7DZ7e7qTSd" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Subordinated renewable notes</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">19,580</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">19,580</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">19,580</td><td style="text-align: left"> </td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 20pt; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"/> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_492_20191231__us-gaap--FairValueByAssetClassAxis__custom--CarryingValueMember_zhKdIY4MET2k" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_49E_20191231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_z3fGHFoeymri" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_491_20191231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zA56OoOEsntg" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_49D_20191231__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_z1q6MBoCzLCg" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_496_20191231_z1C0xJpue6p2" style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="18" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">As of December 31, 2019</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Financial Instrument</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="18" style="padding-bottom: 1pt; font-weight: bold; text-align: center">(In thousands)</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="padding-bottom: 1pt; font-weight: bold; text-align: center">Carrying</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="10" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Fair Value Measurements Using:</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="2"> </td><td style="padding-bottom: 1pt"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Value</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 1</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 2</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 3</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Total</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold">Assets:</td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="2" style="font-weight: bold; text-align: center"> </td><td style="font-weight: bold"> </td></tr> <tr id="xdx_402_eus-gaap--CashAndCashEquivalentsAtCarryingValue_i01I_pn3n3_d0_zHREIBogxqna" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="width: 25%; text-align: left">Cash and cash equivalents</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">5,295</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">5,295</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">–</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">–</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 11%; text-align: right">5,295</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--RestrictedCashAndCashEquivalents_i01I_pn3n3_d0_zJvxwDme3lea" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Restricted cash and equivalents</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">135,537</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">135,537</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">135,537</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_ecustom--FinanceReceivablesFairValueDisclosure_i01I_pn3n3_d0_zcJtRge07tPg" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Finance receivables, net</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">885,890</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">841,160</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">841,160</td><td style="text-align: left"> </td></tr> <tr id="xdx_403_eus-gaap--AccruedInvestmentIncomeReceivable_i01I_pn3n3_d0_zWbFWqIC4CC8" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Accrued interest receivable</td><td> </td> <td style="text-align: left"/><td style="text-align: right">11,645</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">11,645</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">11,645</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="font-weight: bold">Liabilities:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_406_eus-gaap--LinesOfCreditCurrent_i01I_pn3n3_d0_z4mCSo1iS788" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Warehouse lines of credit</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">134,791</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">134,791</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">134,791</td><td style="text-align: left"> </td></tr> <tr id="xdx_40A_eus-gaap--AccountsPayableFairValueDisclosure_i01I_pn3n3_d0_zjynDsSAWlkg" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Accrued interest payable</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,254</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,254</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5,254</td><td style="text-align: left"> </td></tr> <tr id="xdx_408_eus-gaap--OtherLiabilitiesFairValueDisclosure_i01I_pn3n3_d0_z787T542gvp" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Residual interest financing</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">39,478</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">39,478</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">39,478</td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--SecuredDebt_i01I_pn3n3_d0_zOZ4AfG7NVnh" style="vertical-align: bottom; background-color: rgb(238,238,238)"> <td style="text-align: left">Securitization trust debt</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,097,728</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,116,520</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,116,520</td><td style="text-align: left"> </td></tr> <tr id="xdx_405_eus-gaap--SubordinatedDebt_i01I_pn3n3_d0_zVORWTuF0Wff" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Subordinated renewable notes</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">17,534</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">–</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">17,534</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">17,534</td><td style="text-align: left"> </td></tr> </table> 7475000 7475000 0 0 7475000 139191000 139191000 0 0 139191000 571170000 0 0 526888000 526888000 7229000 0 0 7229000 7229000 56668000 0 0 56668000 56668000 5231000 0 0 5231000 5231000 37544000 0 0 37544000 37544000 2051172000 0 0 2034363000 2034363000 19580000 0 0 19580000 19580000 5295000 5295000 0 0 5295000 135537000 135537000 0 0 135537000 885890000 0 0 841160000 841160000 11645000 0 0 11645000 11645000 134791000 0 0 134791000 134791000 5254000 0 0 5254000 5254000 39478000 0 0 39478000 39478000 2097728000 0 0 2116520000 2116520000 17534000 0 0 17534000 17534000 The Final Scheduled Payment Date represents final legal maturity of the securitization trust debt. Securitization trust debt is expected to become due and to be paid prior to those dates, based on amortization of the finance receivables pledged to the trusts. Expected payments, which will depend on the performance of such receivables, as to which there can be no assurance, are $418.1 million in 2020, $664.0 million in 2021, $450.7 million in 2022, $369.3 million in 2023, $80.9 million in 2024, $65.2 million in 2025, and $3.0 million in 2026. Includes repossessed assets that are included in Other assets on our Unaudited Condensed Consolidated Balance Sheet.