• Filing Date: 2018-08-20
  • Form Type: 10-Q
  • Description: Quarterly report
v3.10.0.1
Fair Value Measurements - Quantitative Information about Level 3 Fair Value Measurements (Details)
$ in Thousands
6 Months Ended
Jun. 30, 2018
USD ($)
yr
Dec. 31, 2017
USD ($)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Life insurance estimated fair value $ 569,373 $ 567,492
Aggregate death benefit at 9/30/17 $ 2,826,864 2,880,487
Weighted average discount rate (as percent) 15.93%  
Revolving Credit Facility    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value of outstanding debt $ 353,387  
Revolving Credit Facility | White Eagle    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value of outstanding debt 353,400  
Level 3    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Life insurance estimated fair value 569,373 $ 567,492
Level 3 | Life Finance    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Life insurance estimated fair value 569,373  
Aggregate death benefit at 9/30/17 2,826,863  
Level 3 | Life Finance | Non Premium Financed    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Life insurance estimated fair value 99,349  
Aggregate death benefit at 9/30/17 299,719  
Level 3 | Life Finance | Premium Financed    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Life insurance estimated fair value 470,024  
Aggregate death benefit at 9/30/17 2,527,144  
Level 3 | Revolving Credit Facility | White Eagle    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Fair value of outstanding debt 353,387  
Aggregate death benefit at 9/30/17 $ 2,814,863  
Measurement Input, Discount Rate | Life Finance    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Life settlement contracts, measurement input 0.1593 0.1595
Measurement Input, Discount Rate | Minimum | Non Premium Financed    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Life settlement contracts, measurement input 0.1150  
Measurement Input, Discount Rate | Minimum | Premium Financed    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Life settlement contracts, measurement input 0.1550  
Measurement Input, Discount Rate | Maximum | Non Premium Financed    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Life settlement contracts, measurement input 0.1750  
Measurement Input, Discount Rate | Maximum | Premium Financed    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Life settlement contracts, measurement input 0.2150  
Measurement Input, Discount Rate | Level 3 | Life Finance    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Life settlement contracts, measurement input 0.1593  
Measurement Input, Discount Rate | Level 3 | Revolving Credit Facility    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Life settlement contracts, measurement input 0.1907  
Measurement Input, Discount Rate | Level 3 | Minimum | Life Finance | Non Premium Financed    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Life settlement contracts, measurement input 0.1150  
Measurement Input, Discount Rate | Level 3 | Minimum | Life Finance | Premium Financed    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Life settlement contracts, measurement input 0.1550  
Measurement Input, Discount Rate | Level 3 | Maximum | Life Finance | Non Premium Financed    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Life settlement contracts, measurement input 0.1750  
Measurement Input, Discount Rate | Level 3 | Maximum | Life Finance | Premium Financed    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Life settlement contracts, measurement input 0.2150  
Measurement Input, Expected Term | Level 3 | Life Finance    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Life settlement contracts, measurement input | yr 8.0  
Measurement Input, Expected Term | Level 3 | Life Finance | Non Premium Financed    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Life settlement contracts, measurement input | yr 5.2  
Measurement Input, Expected Term | Level 3 | Life Finance | Premium Financed    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Life settlement contracts, measurement input | yr 8.3  
Measurement Input, Expected Term | Level 3 | Revolving Credit Facility | White Eagle    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Life settlement contracts, measurement input | yr 8.0  
Valuation Technique, Discounted Cash Flow | Level 3 | Revolving Credit Facility | White Eagle    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Weighted average discount rate (as percent) 19.07%