Fair Value Measurement and Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2013

Fair Value Measurement and Fair Value of Financial Instruments

Schedule of the repossessed assets value carried on the consolidated balance sheets by level within the fair value hierarchy for which a nonrecurring change in fair value has been recorded

(in thousands)	Total		Active Markets For Identical Assets (Level 1)		Observable Inputs (Level 2)		Unobservable Inputs (Level 3)		Total Losses
Repossessed assets — March 31, 2013	$	5,690	$	—	$	—	$	5,690	$	3,101
Repossessed assets — December 31, 2012	$	6,355	$	—	$	—	$	6,355	$	3,803

- Definition

Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3).

+ References+ Details

TMX Finance LLC 10-Q