Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurement (Tables)

v3.19.1
Fair Value Measurement (Tables)
3 Months Ended
Mar. 31, 2019
Fair Value Measurement [Abstract]  
Financial Disclosures About Fair Value Of Financial Instruments







 

 

 

 

 

 

 



 

 

 

 

 

 

 



 

 

 

 

Fair Value Measurements Using



 

 

 

 

Quoted prices

 

 



 

Carrying

 

 

in Active

Significant

 



 

Amount

 

Fair Value

Markets

Other

Significant



 

As of

 

As of

for Identical

Observable

Unobservable



 

March 31,

 

March 31,

Assets

Inputs

Inputs



 

2019

 

2019

(Level 1)

(Level 2)

(Level 3)

Financial assets:

 

 

 

 

 

 

 

Cash and cash equivalents

$

296,317 

 

296,317  296,317 

 -

 -

Restricted cash

 

45,357 

 

45,357  45,357 

 -

 -

Notes receivable, net

 

435,629 

 

556,000 

 -

 -

556,000 

Financial liabilities:

 

 

 

 

 

 

 

Receivable-backed notes payable

$

437,927 

 

452,300 

 -

 -

452,300 

Notes payable and other borrowings

 

169,041 

 

175,591 

 -

 -

175,591 

Junior subordinated debentures

 

136,623 

 

126,800 

 -

 -

126,800 

Redeemable 5% cumulative preferred stock

 

9,556 

 

9,538 

 -

 -

9,538 







 

 

 

 

 

 

 



 

 

 

 

 

 

 



 

 

 

 

Fair Value Measurements Using



 

 

 

 

Quoted prices

 

 



 

Carrying

 

 

in Active

Significant

 



 

Amount

 

Fair Value

Markets

Other

Significant



 

As of

 

As of

for Identical

Observable

Unobservable



 

December 31,

 

December 31,

Assets

Inputs

Inputs



 

2018

 

2018

(Level 1)

(Level 2)

(Level 3)

Financial assets:

 

 

 

 

 

 

 

Cash and cash equivalents

$

366,305 

 

366,305  366,305 

 -

 -

Restricted cash

 

54,792 

 

54,792  54,792 

 -

 -

Notes receivable, net

 

439,167 

 

537,000 

 -

 -

537,000 

Financial liabilities:

 

 

 

 

 

 

 

Receivable-backed notes payable

$

458,931 

 

462,400 

 -

 -

462,400 

Notes payable and other borrowings

 

200,887 

 

203,547 

 -

 -

203,547 

Junior subordinated debentures

 

136,425 

 

132,400 

 -

 -

132,400 

Redeemable 5% cumulative preferred stock

 

9,472 

 

9,538 

 -

 -

9,538