World Acceptance (WRLD) 10-Q/A 14 Aug 20 2021 Q1 Quarterly report (amended) Financial data

COVER PAGE

COVER PAGE - shares	3 Months Ended
	Jun. 30, 2020	Jan. 31, 2020
Cover [Abstract]
Document Type	10-Q/A
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2020
Document Transition Report	false
Entity File Number	000-19599
Entity Registrant Name	WORLD ACCEPTANCE CORP
Entity Incorporation, State or Country Code	SC
Entity Tax Identification Number	57-0425114
Entity Address, Address Line One	104 S Main Street
Entity Address, City or Town	Greenville,
Entity Address, State or Province	SC
Entity Address, Postal Zip Code	29601
City Area Code	(864)
Local Phone Number	298-9800
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		7,420,482
Entity Central Index Key	0000108385
Current Fiscal Year End Date	--03-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q1
Amendment Flag	true
Amendment Description	EXPLANATORY NOTEWorld Acceptance Corporation is filing this Amendment No. 1 (the "Form 10-Q/A") to our Quarterly Report on Form 10-Q for the quarter ended June 30, 2020 (the "Original Filing"), filed with the Securities and Exchange Commission ("SEC") on August 7, 2020 (the “Original Filing Date”), for the sole purpose of reflecting corrections to Note 5 “Finance Receivables and Allowance for Credit Losses” contained in Part I, Item 1 “Financial Statements” of the Original Filing. Specifically, the tables presenting gross loans receivable by current payment performance on both a recency and contractual basis and the tables presenting an aging analysis of gross loans receivable on both a recency and contractual basis have been revised. Additionally, this Form 10-Q/A includes new certifications of our chief executive officer and chief financial officer set forth as Exhibits 31.01, 31.02, 32.01, and 32.02 hereto.For the convenience of the reader, this Form 10-Q/A includes the Original Filing in its entirety as amended as indicated above. No other changes have been made to the Original Filing other than those described above. This Form 10-Q/A continues to speak as of the Original Filing Date, does not reflect events that may have occurred subsequent to the Original Filing Date, and does not modify or update any related disclosures made in the Original Filing (including, but not limited to, any forward-looking statements made in the Original Filing, which have not been revised to reflect events that occurred or facts that became known after the Original Filing Date, and such forward-looking statements should be read in their historical context). Accordingly, this Form 10-Q/A should be read in conjunction with the Company’s other filings made with the SEC.

LITIGATION

LITIGATION	3 Months Ended
	Jun. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
LITIGATION	Mexico Investigation As previously disclosed, the Company retained outside legal counsel and forensic accountants to conduct an investigation of its operations in Mexico, focusing on the legality under the FCPA, and certain local laws of certain payments related to loans, the maintenance of the Company’s books and records associated with such payments, and the treatment of compensation matters for certain employees. The investigation addressed whether and to what extent improper payments, which may violate the FCPA and other local laws, were made approximately between 2010 and 2017 by or on behalf of WAC de Mexico, to government officials in Mexico relating to loans made to unionized employees. The Company voluntarily contacted the SEC and the DOJ in June 2017 to advise both agencies that an internal investigation was underway and that the Company intended to cooperate with both agencies. The SEC issued a formal order of investigation. The Company has cooperated with both agencies. On August 6, 2020, the Company announced that it reached resolution with both the SEC and the DOJ regarding allegations primarily involving the Company’s former subsidiary in Mexico. In connection with the resolution of the investigations, the Company agreed to the terms contained in a Declination Letter with the DOJ, dated August 5, 2020 (the “Declination Letter”). Pursuant to the terms of the Declination Letter, the DOJ declined to prosecute the Company and closed its investigation into the Company citing as the bases for this decision, among other things, the following: prompt, voluntary self-disclosure of the misconduct; full and proactive cooperation in this matter (including its provision of all known relevant facts about the misconduct); and full remediation, including the additional FCPA training added to the Company’s compliance program, separation from executives under whom the misconduct took place; and discontinuing relationships with third parties in Mexico involved in the misconduct. The SEC approved the Offer of Settlement on August 6, 2020 and issued an Order Instituting Cease-and-Desist Proceedings Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order (the “SEC Order”). Pursuant to the terms of the SEC Order, the Company consented to 1) cease and desist from committing or causing any violations and any future violations of Sections 30A, 13(b)(2)(A) and 13(b)(2)(B) of the Exchange Act of 1934, and 2) pay, within fourteen days, disgorgement, prejudgment interest and civil penalties totaling $21,726,000 to the SEC. As previously disclosed, the Company has accrued $21.7 million for such matters. The Company could still face fines, sanctions, and other penalties from authorities in Mexico, as well as third-party claims by shareholders and/or other stakeholders of the Company. Disclosure of the disposition of the SEC and DOJ investigations could adversely affect the Company’s reputation and its ability to obtain new business or retain existing business from its current customers and potential customers, to attract and retain employees, and to access the capital markets. Further, under the terms of the stock purchase agreement among the Company and the Purchasers in connection with the sale of our Mexico operations, we are obligated to indemnify the Purchasers for claims and liabilities relating to certain investigations of our former Mexico operations, the Company, and its affiliates by the DOJ or the SEC that commenced prior to July 1, 2018. Any such indemnification claims could have a material adverse effect on our financial condition, including liquidity, and results of operations. General In addition, from time to time the Company is involved in litigation matters relating to claims arising out of its operations in the normal course of business. Estimating an amount or range of possible losses resulting from litigation, government actions and other legal proceedings is inherently difficult and requires an extensive degree of judgment, particularly where the matters involve indeterminate claims for monetary damages, may involve fines, penalties or damages that are discretionary in amount, involve a large number of claimants or significant discretion by regulatory authorities, represent a change in regulatory policy or interpretation, present novel legal theories, are in the early stages of the proceedings, are subject to appeal or could result in a change in business practices. In addition, because most legal proceedings are resolved over extended periods of time, potential losses are subject to change due to, among other things, new developments, changes in legal strategy, the outcome of intermediate procedural and substantive rulings and other parties’ settlement posture and their evaluation of the strength or weakness of their case against us. However, in light of the inherent uncertainties involved, an adverse outcome in one or more of these matters could materially and adversely affect the Company’s financial condition, results of operations or cash flows in any particular reporting period.

CONSOLIDATED BALANCE SHEETS (Un

CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)	Jun. 30, 2020	Mar. 31, 2020
ASSETS
Cash and cash equivalents	$ 9,960,153	$ 11,618,922
Loans and Leases Receivable, Gross	1,067,877,304	1,209,871,366
Less:
Financing Receivable Individually Evaluated for Impairment Unearned Interest and Fees		308,980,724
Unearned interest, insurance and fees	(273,593,758)	(308,980,724)
Allowance for loan losses	(112,686,597)	(96,487,856)
Loans receivable, net	681,596,949	804,402,786
Operating Lease, Right-of-Use Asset	96,579,022	101,686,918
Property and equipment, net	25,368,794	24,761,108
Deferred income taxes	28,131,930	23,257,985
Other assets, net	25,593,759	28,547,950
Goodwill	7,370,791	7,370,791
Intangible assets, net	24,051,703	24,448,477
Total assets	902,644,599	1,030,086,435
Liabilities:
Senior notes payable	352,205,500	451,100,000
Income taxes payable	7,548,261	4,965,302
Operating Lease, Liability	97,615,646	102,759,386
Accounts payable and accrued expenses	54,032,277	59,298,680
Total liabilities	511,401,684	618,123,368
Shareholders' equity:
Preferred stock, no par value	0	0
Common stock, no par value	0	0
Additional paid-in capital	231,678,312	227,214,577
Retained earnings	159,564,603	184,748,490
Total shareholders' equity	391,242,915	411,963,067
Total liabilities and shareholders' equity	902,644,599	1,030,086,435
Disposal Group, Including Discontinued Operation, Assets	$ 3,991,498	$ 3,991,498

CONSOLIDATED BALANCE SHEETS (_2

CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - $ / shares	Jun. 30, 2020	Mar. 31, 2020
Shareholders' equity:
Preferred stock, par value (in dollars per share)	$ 0	$ 0
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0	$ 0
Common stock, shares authorized (in shares)	95,000,000	95,000,000
Common stock, shares issued (in shares)	7,451,588	7,807,834
Common stock, shares outstanding (in shares)	7,451,588	7,807,834

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Revenues:
Interest and fee income	$ 109,860,456	$ 122,910,149
Insurance commissions and other income	14,006,346	15,531,834
Total revenues	123,866,802	138,441,983
Expenses:
Provision for loan losses	25,660,660	41,291,071
General and administrative expenses:
Personnel	44,622,023	52,459,445
Occupancy and equipment	13,181,506	13,356,302
Advertising	2,612,167	6,109,827
Amortization of intangible assets	1,382,128	954,641
Other	9,810,155	8,896,148
Total general and administrative expenses	71,607,979	81,776,363
Interest expense	5,561,877	4,403,328
Total expenses	102,830,516	127,470,762
Income before income taxes	21,036,286	10,971,221
Income taxes	5,526,637	2,362,822
Net income	$ 15,509,649	$ 8,608,399
Net income per common share:
Basic (in dollars per share)	$ 2.26	$ 1.01
Diluted (in dollars per share)	$ 2.24	$ 0.97
Weighted average common shares outstanding:
Basic (in shares)	6,867,457	8,507,121
Diluted (in shares)	6,928,121	8,866,250

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($)	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Net income	$ 15,509,649	$ 8,608,399

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Unaudited) - USD ($)	Total	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Employee Stock Option [Member]
Common Stock, Shares, Outstanding	9,284,118
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period	39,766
Balances at Mar. 31, 2019	$ 552,116,625	$ 198,125,649	$ 353,990,976
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Proceeds from exercise of stock options, including tax benefits	$ 2,676,573
Stock Repurchased and Retired During Period, Shares	(141,077)
Stock Repurchased and Retired During Period, Value			(21,815,577)
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures	(1,502)
Issuance of restricted common stock under stock option plan	$ 6,452,703	6,452,703
Stock option expense	1,621,338	1,621,338
Net income	8,608,399		8,608,399
Balances at Jun. 30, 2019	$ 549,660,061	208,876,263	340,783,798
Common Stock, Shares, Outstanding	9,181,305
Common Stock, Shares, Outstanding	7,807,834
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period	0			0
Balances at Mar. 31, 2020	$ 411,963,067	227,214,577	184,748,490
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Proceeds from exercise of stock options, including tax benefits	$ 0
Stock Repurchased and Retired During Period, Shares	(326,298)
Stock Repurchased and Retired During Period, Value			(19,451,287)
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures	(29,948)
Issuance of restricted common stock under stock option plan	$ 3,417,000	3,417,000
Stock option expense	1,046,735	1,046,735
Net income	15,509,649		15,509,649
Balances at Jun. 30, 2020	$ 391,242,915	$ 231,678,312	$ 159,564,603
Common Stock, Shares, Outstanding	7,451,588
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Cumulative Effect of New Accounting Principle in Period of Adoption	$ 21,242,249

CONSOLIDATED STATEMENTS OF SH_2

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Unaudited) (Parenthetical) - USD ($)	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Proceeds from exercise of stock options (in shares)	0	39,766
Adjustments Related to Tax Withholding for Share-based Compensation	$ 119,865	$ 238,168

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Cash flow from operating activities:
Net income	$ 15,509,649	$ 8,608,399
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of intangible assets	1,382,128	954,641
Amortization of loan costs and discounts	144,171	133,338
Provision for loan losses	25,660,660	41,291,071
Other Depreciation and Amortization	434,096	0
Provision for loan losses	25,660,660	41,291,071
Depreciation	1,716,612	1,799,075
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property	34,058	69,369
Deferred income tax benefit	2,512,174	(2,072,950)
Compensation related to stock option and restricted stock plans	4,583,600	8,312,209
Change in accounts:
Other assets, net	(2,545,580)	3,369,042
Income taxes payable	2,582,959	1,167,013
Accounts payable and accrued expenses	(5,266,403)	(5,327,765)
Net Cash Provided by (Used in) Operating Activities	51,839,284	58,164,704
Cash flows from investing activities:
Increase in loans receivable, net	73,293,367	(69,555,473)
Purchases of property and equipment	(2,376,871)	(2,084,717)
Proceeds from Sale of Property, Plant, and Equipment	18,515	81,595
Net cash used in investing activities	65,173,099	(111,822,470)
Cash flow from financing activities:
Borrowings from senior notes payable	32,705,500	132,641,400
Payments on senior notes payable	(131,600,000)	(58,191,400)
Proceeds from exercise of stock options	0	2,676,573
Payments Related to Tax Withholding for Share-based Compensation	(119,865)	(238,168)
Payments of Loan Costs	(205,500)	(991,400)
Repurchase of common stock	(19,451,287)	(21,815,577)
Net cash provided by financing activities	(118,671,152)	54,081,428
Increase in cash and cash equivalents	(1,658,769)	423,662
Cash and cash equivalents at beginning of period	11,618,922	9,335,433
Cash and Cash Equivalents, at Carrying Value, Including Discontinued Operations		9,759,095
Cash and cash equivalents at end of period	9,960,153
Interest Paid, Including Capitalized Interest, Operating and Investing Activities	6,046,067	3,953,803
Income Taxes Paid	666,505	6,216,505
Net assets acquired from acquisition primarily loans	(4,776,558)	(30,795,192)
Net Assets Acquired from Acquisition, Intangibles	$ (985,354)	$ (9,468,683)

ALLOWANCE FOR LOAN LOSSES Finan

ALLOWANCE FOR LOAN LOSSES Financing Receivables (Details) - USD ($)	Mar. 31, 2021	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Gross	$ 1,067,877,304	$ 1,067,877,304	$ 1,209,871,366	$ 1,222,696,245
Tax Advance Loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Gross	3,977,212
Financing Receivables, 30 to 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Gross	28,221,097
Recency Basis
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Gross	1,067,877,304
Recency Basis | Tax Advance Loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Gross	3,977,212
0 to 5 months | Recency Basis
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Gross	83,752,359
0 to 5 months | Recency Basis | Financing Receivables, 30 to 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Gross	83,752,362
6 to 17 months | Recency Basis
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Gross	136,822,414
6 to 17 months | Recency Basis | Financing Receivables, 30 to 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Gross	136,822,413
18 to 35 months | Recency Basis
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Gross	145,418,840
18 to 35 months | Recency Basis | Financing Receivables, 30 to 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Gross	145,418,840
36 to 59 months | Recency Basis
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Gross	115,612,625
36 to 59 months | Recency Basis | Financing Receivables, 30 to 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Gross	115,612,624
60+ Months | Recency Basis
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Gross	582,293,854
60+ Months | Recency Basis | Financing Receivables, 30 to 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Gross	$ 582,293,853

Segments Statement

Segments Statement - USD ($)	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Mar. 31, 2020
Segment Reporting Information [Line Items]
Revenues	$ 123,866,802	$ 138,441,983
Provision for loan losses	25,660,660	41,291,071
General and Administrative Expense	71,607,979	81,776,363
Interest Expense	5,561,877	4,403,328
Income Tax Expense (Benefit)	5,526,637	2,362,822
Net Income (Loss) Attributable to Parent	15,509,649	$ 8,608,399
Assets	$ 902,644,599		$ 1,030,086,435

BASIS OF PRESENTATION

BASIS OF PRESENTATION	3 Months Ended
	Jun. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION The consolidated financial statements of the Company at June 30, 2020, and for the three months then ended were prepared in accordance with the instructions for Form 10-Q and are unaudited; however, in the opinion of management all adjustments (consisting only of items of a normal, recurring nature) necessary for a fair presentation of the financial position at June 30, 2020, and the results of operations and cash flows for the periods ended June 30, 2020 and 2019, have been included. The results for the interim periods are not necessarily indicative of the results that may be expected for the full year or any other interim period. The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent liabilities at the date of the consolidated financial statements and the reported amount of revenue and expenses during the reporting period. Actual results could differ from those estimates. The consolidated financial statements do not include all disclosures required by GAAP and should be read in conjunction with the Company’s audited consolidated financial statements and related notes for the fiscal year ended March 31, 2020, included in the Company’s Annual Report on Form 10-K for the fiscal year ended March 31, 2020, as filed with the SEC. In addition to the "Critical Accounting Policies" impacted by the new CECL standard described below, the Company applies the accounting policies contained in Note 1 to the Consolidated Financial Statements included in the Company's Annual Report on Form 10-K for the year ended March 31, 2020. The Company believes that the disclosures are adequate to make the information presented not misleading. Certain reclassifications have been made to the amounts previously reported to conform to the current period presentation.

SUMMARY OF SIGNIFICANT POLICIES

SUMMARY OF SIGNIFICANT POLICIES	3 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT POLICIES	SUMMARY OF SIGNIFICANT POLICIES Nature of Operations The Company is a small-loan consumer finance company headquartered in Greenville, South Carolina that offers short-term small loans, medium-term larger loans, related credit insurance products and ancillary products and services to individuals who have limited access to other sources of consumer credit. The Company offers income tax return preparation services to its loan customers and other individuals. Seasonality The Company's loan volume and corresponding loans receivable follow seasonal trends. The Company's highest loan demand generally occurs from October through December, its third fiscal quarter. Loan demand is generally lowest and loan repayment highest from January to March, its fourth fiscal quarter. Loan volume and average balances remain relatively level during the remainder of the year. Consequently, the Company experiences significant seasonal fluctuations in its operating results and cash needs. Operating results for the Company's third fiscal quarter are generally lower than in other quarters and operating results for its fourth fiscal quarter are generally higher than in other quarters. Allowance for credit losses Refer to Note 5, “Finance Receivables and Allowance for Credit Losses,” in this Quarterly Report on Form 10-Q for information regarding the Company's adoption of the CECL allowance model on April 1, 2020 and a description of the methodology it utilizes. Reclassification Certain prior period amounts have been reclassified to conform to the current presentation. Such reclassifications had no impact on previously reported net income or shareholders' equity. Recently Adopted Accounting Standards Measurement of Credit Losses on Financial Instruments ASU 2016-13 (and all subsequent ASUs on this topic) introduce the CECL model, a new credit loss methodology, replacing multiple existing impairment methods in current GAAP, which generally require that a loss be incurred before it is recognized. The amendments in this ASU require loss estimates be determined over the lifetime of the asset and broaden the information that an entity must consider in developing its expected credit losses. The ASU does not specify a method for measuring expected credit losses and allows an entity to apply methods that reasonably reflect its expectations of the credit loss estimate based on the entity’s size, complexity, and risk profile. In addition, the disclosures of credit quality indicators in relation to the amortized cost of financing receivables, a current disclosure requirement, are further disaggregated by year of origination. The Company adopted this ASU (and all subsequent ASUs on this topic) as of April 1, 2020 using the modified retrospective approach. The adoption of this pronouncement resulted in the recognition of a $28.6 million increase in the allowance for credit losses on our opening balance sheet as of April 1, 2020, with a corresponding net-of-tax $21.2 million reduction in retained earnings and a $7.4 million increase to deferred income taxes, net. Recently Issued Accounting Standards Not Yet Adopted We reviewed all newly issued accounting pronouncements and concluded that they are either not applicable to our business or are not expected to have a material effect on the consolidated financial statements as a result of future adoption.

FAIR VALUE

FAIR VALUE	3 Months Ended
	Jun. 30, 2020
Fair Value Disclosures [Abstract]
FAIR VALUE	FAIR VALUE Fair Value Disclosures The Company may carry certain financial instruments and derivative assets and liabilities at fair value measured on a recurring or nonrecurring basis. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants on the measurement date. The Company measures the fair values of its financial instruments based on the fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. Fair value measurements are grouped in three levels. The levels prioritize the inputs used to measure the fair value of the assets or liabilities. These levels are: • Level 1 – Quoted prices (unadjusted) in active markets for identical assets or liabilities. • Level 2 – Inputs other than quoted prices that are observable for assets and liabilities, either directly or indirectly. These inputs include quoted prices for similar assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in markets that are less active. • Level 3 – Unobservable inputs for assets or liabilities reflecting the reporting entity’s own assumptions. The Company’s financial instruments consist of cash and cash equivalents, loans receivable, net, and senior notes payable. Fair value approximates carrying value for all of these instruments. Loans receivable are originated at prevailing market rates and have an average life of approximately eight months. Given the short-term nature of these loans, they are continually repriced at current market rates. The Company’s revolving credit facility has a variable rate based on a margin over LIBOR and reprices with any changes in LIBOR. The Company also considers its creditworthiness in its estimation of fair value. The carrying amounts and estimated fair values of financial assets and liabilities disclosed but not carried at fair value and their level within the fair value hierarchy are summarized below. June 30, 2020 March 31, 2020 Input Level Carrying Value Estimated Fair Value Carrying Value Estimated Fair Value ASSETS Cash and cash equivalents 1 $ 9,960,153 9,960,153 $ 11,618,922 11,618,922 Loans receivable, net 3 681,596,949 681,596,949 804,402,786 804,402,786 LIABILITIES Senior notes payable 3 352,205,500 352,205,500 451,100,000 451,100,000 The carrying amounts and estimated fair values of amounts the Company measures at fair value on a non-recurring basis, which are limited to the Company's assets held for sale, are summarized below. June 30, 2020 March 31, 2020 Input Level Carrying Value Estimated Fair Value Carrying Value Estimated Fair Value ASSETS Assets held for sale 2 $ 3,991,498 $ 3,991,498 $ 3,991,498 $ 3,991,498 The Company re-valued its corporate headquarters in Greenville, South Carolina as of March 31, 2020 in conjunction with its reclassification of the related assets as held for sale. The observable inputs the Company used in its revaluation were the agreed-upon prices to sell the assets. There were no other significant assets or liabilities measured at fair value on a non-recurring basis as of June 30, 2020 or March 31, 2020.

ALLOWANCE FOR LOAN LOSSES

ALLOWANCE FOR LOAN LOSSES	3 Months Ended
	Jun. 30, 2020
Receivables [Abstract]
Financing Receivables	ALLOWANCE FOR CREDIT LOSSES The following is a summary of gross loans receivable by customer tenure as of: Customer Tenure June 30, 2020 0 to 5 months $ 83,752,362 6 to 17 months 136,822,413 18 to 35 months 145,418,840 36 to 59 months 115,612,624 60+ months 582,293,853 Tax advance loans 3,977,212 Total gross loans $ 1,067,877,304 During the first quarter of fiscal 2020, we adopted ASU 2016-13, which replaces the incurred loss methodology for determining our provision for credit losses and allowance for credit losses with an expected loss methodology that is referred to as the CECL model, using the modified retrospective approach. Upon adoption, the total allowance for credit losses increased by $28.6 million, with no impact to the consolidated statement of operations. The Company elected not to record an allowance for credit losses for accrued interest as outlined in ASC 326-20-30-5A. The accrual of interest is discontinued when a loan is 61 days or more past the contractual due date. When the interest accrual is discontinued, all unpaid accrued interest is reversed against interest income. While a loan is on nonaccrual status, interest revenue is recognized only when a payment is received. Once a loan moves to nonaccrual status, it remains in nonaccrual status until it is paid out, charged off or refinanced. During the three months ended June 30, 2020, the Company reversed a total of $5.5 million of unpaid accrued interest against interest income. Based on the Company’s loan products, the purpose and the term, current payment performance is used to assess the capability of the borrower to repay contractual obligations of the loan agreements as scheduled. Current payment performance is monitored by management on a daily basis. On an as needed basis, qualitative information may be taken into consideration if new information arises related to the customer’s ability to repay the loan. The Company’s payment performance buckets are as follows: current, 30-60 days past due, 61-90 days past due, 91 days or more past due. The following tables provide a breakdown of the Company’s gross loans receivable by current payment performance on a recency basis and year of origination at June 30, 2020: Term Loans By Origination Loans Up to Between Between Between Between More than Total Current $ 933,050,195 $ 43,678,473 $ 1,953,256 $ 116,013 $ 12,122 $ 4,641 $ 978,814,700 30 - 60 days past due 24,943,823 2,985,766 248,629 37,376 5,503 — 28,221,097 61 - 90 days past due 15,453,159 1,550,308 96,260 7,050 2,041 — 17,108,818 91 or more days past due 35,812,872 3,742,231 172,985 23,255 4,134 — 39,755,477 Total $ 1,009,260,049 $ 51,956,778 $ 2,471,130 $ 183,694 $ 23,800 $ 4,641 $ 1,063,900,092 Term Loans By Origination Tax advance loans Up to Between Between Between Between More than Total Current $ 268,494 $ 1,590 $ — $ — $ — $ — 270,084 30 - 60 days past due 197,410 1,477 — — — — 198,887 61 - 90 days past due 296,041 1,375 — — — — 297,416 91 or more days past due 3,202,760 8,065 — — — — 3,210,825 Total $ 3,964,705 $ 12,507 $ — $ — $ — $ — $ 3,977,212 Total gross loans $ 1,067,877,304 The following tables provide a breakdown of the Company’s gross loans receivable by current payment performance on a contractual basis and year of origination at June 30, 2020: Term Loans By Origination Loans Up to Between Between Between Between More than Total Current $ 914,577,115 $ 37,828,421 $ 1,430,757 $ 36,609 $ 3,569 $ — $ 953,876,471 30 - 60 days past due 27,140,175 2,123,499 93,238 7,604 — — 29,364,516 61 - 90 days past due 19,851,436 1,600,053 69,688 7,225 — — 21,528,402 91 or more days past due 47,691,321 10,404,807 877,448 132,256 20,230 4,641 59,130,703 Total $ 1,009,260,047 $ 51,956,780 $ 2,471,131 $ 183,694 $ 23,799 $ 4,641 $ 1,063,900,092 Term Loans By Origination Tax advance loans Up to Between Between Between Between More than Total Current $ 216,051 $ — $ — $ — $ — $ — 216,051 30 - 60 days past due 170,438 — — — — — 170,438 61 - 90 days past due 345,008 — — — — — 345,008 91 or more days past due 3,233,207 12,508 — — — — 3,245,715 Total $ 3,964,704 $ 12,508 $ — $ — $ — $ — $ 3,977,212 Total gross loans $ 1,067,877,304 The allowance for credit losses is applied to amortized cost, which is defined as the amount at which a financing receivable is originated, and net of deferred fees and costs, collection of cash, and charge-offs. Amortized cost also includes interest earned but not collected. Credit Risk is inherent in the business of extending loans to borrowers and is continuously monitored by management and reflected within the allowance for credit losses for loans. The allowance for credit losses is an estimate of expected losses inherent within the Company’s gross loans receivable portfolio. In estimating the allowance for credit losses, loans with similar risk characteristics are aggregated into pools and collectively assessed. The Company’s loan products have generally the same terms therefore the Company looked to borrower characteristics as a way to disaggregate loans into pools sharing similar risks. In determining the allowance for credit losses, the Company examined four borrower risk metrics as noted below. 1. Borrower type 2. Active months 3. Prior loan performance 4. Customer tenure To determine how well each metric predicts default risk the Company uses loss rate data over an observation period of twelve months at the loan level. The information value was then calculated for each metric. From this analysis management determined the metric that had the strongest predictor of default risk was customer tenure. The customer tenure buckets used in the allowance for credit loss calculation are: 1. 0 to 5 months 2. 6 to 17 months 3. 18 to 35 months 4. 36 to 59 months 5. 60+ months Management will continue to monitor this credit metric on a quarterly basis. Management estimates an allowance for each customer tenure bucket by performing a historical migration analysis of loans in that bucket for the twelve most recent historical twelve-month migration periods, adjusted for seasonality. All loans that are greater than 90 days past due on a recency basis and not written off as of the reporting date are reserved for at 100% of the outstanding balance, net of a calculated Rehab Rate. Management considers whether current credit conditions might suggest a change is needed to the allowance for credit losses by monitoring trends in 60-day delinquencies, FICO scores and average loan size as compared to metrics in the historical migration period. Due to the short term nature of the loan portfolio, forecasted changes in macroeconomic variables such as unemployment do not have a significant impact on loans outstanding at the end of a particular reporting period. Therefore, management develops a reasonable and supportable forecast of losses by comparing the most recent 6-month loss curves as compared to historical loss curves to see if there are significant changes in borrower behavior that may indicate the historical migration rates should be adjusted. If an adjustment is made as a result of the forecast, then the Company has elected to immediately revert back to historical experience past the forecast period. The fiscal 2021 provision includes a $4.6 million increase to the allowance for forecasted losses as a result of the economic impact of COVID-19 on loans originated during the quarter. This is in addition to an $8.3 million COVID-19 related increase to the allowance on April 1, 2020, to adjust forecast expected losses as required under CECL. The following table presents a roll forward of the allowance for credit losses on our gross loans receivable for the three months ended June 30, 2020 and 2019. Three months ended June 30, 2020 2019 Beginning balance, prior to adopting ASC 326 $ 96,487,856 $ 81,519,624 Impact of ASC 326 28,628,369 — Provision for credit losses 25,660,660 41,291,071 Charge-offs (43,831,942) (39,523,987) Recoveries 5,741,654 4,066,379 Net charge-offs (38,090,288) (35,457,608) Ending Balance $ 112,686,597 $ 87,353,087 Loans are placed on nonaccrual status when management determines that the full payment of principal and collection of interest according to contractual terms is no longer likely. This occurs when the loan becomes 61 days or more past due on a contractual basis. When loans are placed on nonaccrual status, interest receivable is reversed against interest income recognized in the current period. Interest payments received thereafter are applied as a reduction of the remaining principal balance as long as doubt exists as to the ultimate collection of principal. Once a loan moves to nonaccrual status, it remains in nonaccrual status until it is paid out, written off or refinanced. The following table is an aging analysis on a recency basis at amortized cost of the Company’s gross loans receivable at June 30, 2020: Days Past Due - Recency Basis Customer Tenure Current 30 - 60 61 - 90 Over 90 Total Past Due Total Loans 0 to 5 months $ 63,370,265 $ 4,360,386 $ 3,845,030 $ 12,176,678 $ 20,382,094 $ 83,752,359 6 to 17 months 122,680,569 4,625,080 2,905,164 6,611,601 14,141,845 136,822,414 18 to 35 months 134,613,672 3,848,147 2,435,479 4,521,542 10,805,168 145,418,840 36 to 59 months 108,066,651 2,977,401 1,567,291 3,001,282 7,545,974 115,612,625 60+ months 550,083,543 12,410,084 6,355,854 13,444,373 32,210,311 582,293,854 Tax advance loans 270,084 198,886 297,416 3,210,826 3,707,128 3,977,212 Total gross loans 979,084,784 28,419,984 17,406,234 42,966,302 88,792,520 1,067,877,304 Unearned interest, insurance and fees (250,844,815) (7,281,296) (4,459,536) (11,008,111) (22,748,943) (273,593,758) Total net loans $ 728,239,969 $ 21,138,688 $ 12,946,698 $ 31,958,191 $ 66,043,577 $ 794,283,546 Percentage of period-end gross loans receivable 2.7% 1.6% 4.0% 8.3% Days Past Due - Contractual Basis Customer Tenure Current 30 - 60 61 - 90 Over 90 Total Past Due Total Loans 0 to 5 months $ 61,052,078 $ 4,137,299 $ 4,059,759 $ 14,503,223 $ 22,700,281 $ 83,752,359 6 to 17 months 119,558,962 4,554,409 3,349,431 9,359,612 17,263,452 136,822,414 18 to 35 months 131,531,720 3,981,247 3,037,117 6,868,756 13,887,120 145,418,840 36 to 59 months 105,431,039 2,984,422 2,092,410 5,104,754 10,181,586 115,612,625 60+ months 536,302,672 13,707,139 8,989,685 23,294,358 45,991,182 582,293,854 Tax advance loans 216,051 170,438 345,008 3,245,715 3,761,161 3,977,212 Total gross loans 954,092,522 29,534,954 21,873,410 62,376,418 113,784,782 1,067,877,304 Unearned interest, insurance and fees (244,441,714) (7,566,955) (5,604,041) (15,981,048) (29,152,044) (273,593,758) Total net loans $ 709,650,808 $ 21,967,999 $ 16,269,369 $ 46,395,370 $ 84,632,738 $ 794,283,546 Percentage of period-end gross loans receivable 2.8% 2.0% 5.8% 10.7% The following table presents the amortized cost basis of loans on nonaccrual status as of the beginning of the reporting period and the end of the reporting period and the amortized cost basis of nonaccrual loans without related expected credit loss. It also shows year-to-date interest income recognized on nonaccrual loans: Nonaccrual Financial Assets Customer Tenure As of As of Financial Assets 61 Days or More Past Due, Not on Nonaccrual Status Nonaccrual Financial Assets With No Allowance Interest Income 0 to 5 months $ 19,210,705 $ 26,040,593 $ — $ — $ 685,262 6 to 17 months 13,445,952 17,466,450 — — 756,414 18 to 35 months 10,647,059 13,723,295 — — 630,127 36 to 59 months 7,816,047 10,071,288 — — 488,763 60+ months 35,277,427 44,293,545 — — 2,127,220 Tax advance loans 3,678,896 41,573 — — — Unearned interest, insurance and fees (23,077,796) (28,510,140) — — Total $ 66,998,290 $ 83,126,604 $ — $ — $ 4,687,786 Under the prior incurred loss methodology, loss contingencies were evaluated as: probable, reasonably possible, or remote. If, at the date of financial statement presentation, information was available that indicated an asset had been impaired and the amount of loss could be reasonably estimated, then an allowance for that loss could be recorded. Recording an allowance for a loss that was considered reasonably possible or remote was not permitted. With the adoption of ASC 326, the Company considers the lifetime potential for losses at the point of origination and records an allowance for that potential, at that point in time, removing the necessity of differentiation between the three loss contingency concepts and impairment. The following disclosures are presented under previously applicable GAAP. The following is a summary of loans individually and collectively evaluated for impairment for the periods indicated: March 31, 2020 Loans individually Loans collectively Total Gross loans in bankruptcy, excluding contractually delinquent $ 5,165,752 — 5,165,752 Gross loans contractually delinquent 70,719,727 — 70,719,727 Loans not contractually delinquent and not in bankruptcy — 1,133,985,887 1,133,985,887 Gross loan balance 75,885,479 1,133,985,887 1,209,871,366 Unearned interest and fees (16,848,762) (292,131,962) (308,980,724) Net loans 59,036,717 841,853,925 900,890,642 Allowance for credit losses (54,090,509) (42,397,347) (96,487,856) Loans, net of allowance for credit losses $ 4,946,208 799,456,578 804,402,786 June 30, 2019 Loans individually Loans collectively Total Gross loans in bankruptcy, excluding contractually delinquent $ 4,898,870 — 4,898,870 Gross loans contractually delinquent 60,531,119 — 60,531,119 Loans not contractually delinquent and not in bankruptcy — 1,157,266,256 1,157,266,256 Gross loan balance 65,429,989 1,157,266,256 1,222,696,245 Unearned interest and fees (13,190,042) (307,538,515) (320,728,557) Net loans 52,239,947 849,727,741 901,967,688 Allowance for losses (47,549,279) (39,803,808) (87,353,087) Loans, net of allowance for losses $ 4,690,668 809,923,933 814,614,601 The average net balance of impaired loans was $51.1 million for the three-month period ended June 30, 2019. It is not practical to compute the amount of interest earned on impaired loans. The following is an assessment of the credit quality of loans for the periods indicated: March 31, 2020 June 30, 2019 Credit risk Consumer loans- non-bankrupt accounts $ 1,203,552,152 $ 1,216,089,192 Consumer loans- bankrupt accounts 6,319,214 6,607,053 Total gross loans $ 1,209,871,366 $ 1,222,696,245 Consumer credit exposure Credit risk profile based on payment activity, performing $ 1,104,130,714 $ 1,133,978,402 Contractual non-performing, 61 or more days delinquent (1) 105,740,652 88,717,843 Total gross loans $ 1,209,871,366 $ 1,222,696,245 Credit risk profile based on customer type New borrower $ 124,800,193 $ 147,365,635 Former borrower 127,108,125 133,566,583 Refinance 935,448,882 920,783,881 Delinquent refinance 22,514,166 20,980,146 Total gross loans $ 1,209,871,366 $ 1,222,696,245 _______________________________________________________ (1) Loans in non-accrual status. The following is a summary of the past due receivables as of: March 31, 2020 June 30, 2019 Contractual basis: 30-60 days past due $ 49,137,102 $ 46,738,172 61-90 days past due 35,020,925 28,186,725 91 days or more past due 70,719,727 60,531,118 Total $ 154,877,754 $ 135,456,015 Percentage of period-end gross loans receivable 12.8 % 11.1 % Recency basis: 30-60 days past due $ 48,206,910 $ 45,096,798 61-90 days past due 28,450,942 25,365,096 91 days or more past due 50,669,837 44,176,264 Total $ 127,327,689 $ 114,638,158 Percentage of period-end gross loans receivable 10.5 % 9.4 %

AVERAGE SHARE INFORMATION

AVERAGE SHARE INFORMATION	3 Months Ended
	Jun. 30, 2020
Earnings Per Share [Abstract]
AVERAGE SHARE INFORMATION	AVERAGE SHARE INFORMATION The following is a summary of the basic and diluted average common shares outstanding: Three months ended June 30, 2020 2019 Basic: Weighted average common shares outstanding (denominator) 6,867,457 8,507,121 Diluted: Weighted average common shares outstanding 6,867,457 8,507,121 Dilutive potential common shares 60,664 359,129 Weighted average diluted shares outstanding (denominator) 6,928,121 8,866,250

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	3 Months Ended
	Jun. 30, 2020
Share-based Payment Arrangement [Abstract]
STOCK-BASED COMPENSATION	NOTE 8 – STOCK-BASED COMPENSATION Stock Incentive Plans The Company has a 2005 Stock Option Plan, a 2008 Stock Option Plan, a 2011 Stock Option Plan and a 2017 Stock Incentive Plan for the benefit of certain non-employee directors, officers, and key employees. Under these plans, a total of 4,350,000 shares of common stock have been authorized and reserved for issuance pursuant to grants approved by the Compensation Committee of the Board of Directors. Stock options granted under these plans have a maximum duration of 10 years, may be subject to certain vesting requirements, which are generally three Stock-based compensation is recognized as provided under FASB ASC Topic 718-10 and FASB ASC Topic 505-50. FASB ASC Topic 718-10 requires all share-based payments to employees, including grants of employee stock options, to be recognized as compensation expense over the requisite service period (generally the vesting period) in the consolidated financial statements based on their grant date fair values. The Company has applied the Black-Scholes valuation model in determining the grant date fair value of the stock option awards. Compensation expense is recognized only for those options expected to vest. Long-term Incentive Program and Non-Employee Director Awards On October 15, 2018, the Compensation Committee and Board approved and adopted a new long-term incentive program that seeks to motivate and reward certain employees and to align management’s interest with shareholders' interest by focusing executives on the achievement of long-term results. The program is comprised of four components: Service Options, Performance Options, Restricted Stock, and Performance Shares. Pursuant to this program, the Compensation Committee approved certain grants of Service Options, Performance Options, Restricted Stock and Performance Shares under the World Acceptance Corporation 2011 Stock Option Plan and the World Acceptance Corporation 2017 Stock Incentive Plan to certain employee directors, vice presidents of operations, vice presidents, senior vice presidents, and executive officers. Separately, the Compensation Committee approved certain grants of Service Options and Restricted Stock to certain of the Company's non-employee directors. Under the long-term incentive program, up to 100% of the shares of restricted stock subject to the Performance Shares shall vest, if at all, based on the achievement of two trailing earnings per share performance targets established by the Compensation Committee that are based on earnings per share (measured at the end of each calendar quarter, commencing with the calendar quarter ending September 30, 2019) for the previous four calendar quarters. The Performance Shares are eligible to vest over the Performance Share Measurement Period and subject to each respective employee’s continued employment at the Company through the last day of the applicable Performance Share Measurement Period (or as otherwise provided under the terms of the applicable award agreement or applicable employment agreement). The Performance Share performance targets are set forth below. Trailing 4-Quarter EPS Targets for Restricted Stock Eligible for Vesting $16.35 40% $20.45 60% The Restricted Stock awards vest in six equal annual installments, beginning on the first anniversary of the grant date, subject to each respective employee’s continued employment at the Company through each applicable vesting date or otherwise provided under the terms of the applicable award agreement or applicable employment agreement. The Service Options vest in six equal annual installments, beginning on the first anniversary of the grant date, subject to each respective employee’s continued employment at the Company through each applicable vesting date or otherwise provided under the terms of the applicable award agreement or applicable employment agreement. The option price is equal to the fair market value of the common stock on the grant date and the Service Options have a 10-year term. The Performance Options will fully vest if the Company attains the trailing earnings per share target over four consecutive calendar quarters occurring between September 30, 2018 and March 31, 2025 described below. Such performance target was established by the Compensation Committee and will be measured at the end of each calendar quarter commencing on September 30, 2019. The Performance Options are eligible to vest over the Option Measurement Period, subject to each respective employee’s continued employment at the Company through the last day of the Option Measurement Period or as otherwise provided under the terms of the applicable award agreement or applicable employment agreement. The option price is equal to the fair market value of the common stock on the grant date and the Performance Options have a 10-year term. The Performance Option performance target is set forth below. Trailing 4-Quarter EPS Targets for Options Eligible for Vesting $25.30 100% Stock Options The weighted-average fair value at the grant date for options issued during the three months ended June 30, 2020 and 2019 was $30.39 and $68.63, respectively. Fair value was estimated at grant date using the weighted-average assumptions listed below: Three months ended June 30, 2020 2019 Dividend Yield —% —% Expected Volatility 55.10% 49.74% Average risk-free rate 0.43% 2.22% Expected Life 6.2 years 6.6 years The expected stock price volatility is based on the historical volatility of the Company's common stock for a period approximating the expected life. The expected life represents the period of time that options are expected to be outstanding after the grant date. The risk-free rate reflects the interest rate at grant date on zero coupon U.S. governmental bonds having a remaining life similar to the expected option term. Option activity for the three months ended June 30, 2020 was as follows: Shares Weighted Average Exercise Weighted Average Aggregate Intrinsic Value Options outstanding, beginning of period 646,728 $ 88.30 Granted during period 300 59.02 Exercised during period — — Forfeited during period (5,940) 100.79 Expired during period (300) 76.51 Options outstanding, end of period 640,788 $ 88.17 6.2 years $ 1,020,150 Options exercisable, end of period 324,369 $ 75.19 4.2 years $ 1,018,200 The aggregate intrinsic value reflected in the table above represents the total pre-tax intrinsic value (the difference between the closing stock price on June 30, 2020 and the exercise price, multiplied by the number of in-the-money options) that would have been received by option holders had all option holders exercised their options as of June 30, 2020. This amount will change as the market price of the common stock changes. The total intrinsic value of options exercised during the periods ended June 30, 2020 and 2019 was as follows: June 30, June 30, Three months ended $ — $ 2,835,328 As of June 30, 2020, total unrecognized stock-based compensation expense related to non-vested stock options amounted to approximately $9.6 million, which is expected to be recognized over a weighted-average period of approximately 4.0 years. Restricted Stock During the first three months of fiscal 2021, the Company granted 2,055 shares of restricted stock (which are equity classified) to certain vice presidents, senior vice presidents, executive officers and non-employee directors, with a grant date weighted average fair value of $59.02 per share. During fiscal 2020, the Company granted 11,223 shares of restricted stock (which are equity classified) to certain executive officers, with a grant date weighted average fair value of $90.23 per share. One-third of these awards vest on each anniversary of the grant date over the three years following the grant date. During fiscal 2019, the Company granted 760,420 shares of restricted stock (which are equity classified), to certain vice presidents, senior vice presidents, executive officers, and non-employee directors with a grant date weighted average fair value of $101.61. Compensation expense related to restricted stock is based on the number of shares expected to vest and the fair market value of the common stock on the grant date. The Company recognized compensation expense of $3.5 million and $6.7 million for the three months ended June 30, 2020 and 2019, respectively, which is included as a component of general and administrative expenses in the Company’s consolidated statements of operations. As of June 30, 2020, there was approximately $36.9 million of unrecognized compensation cost related to unvested restricted stock awards, which is expected to be recognized over the next 3.2 years based on current estimates. A summary of the status of the Company’s restricted stock as of June 30, 2020, and changes during the three months ended June 30, 2020, are presented below: Shares Weighted Average Fair Value at Grant Date Outstanding at March 31, 2020 705,254 $ 101.47 Granted during the period 2,055 59.02 Vested during the period (6,271) 108.87 Forfeited during the period (30,000) 100.79 Outstanding at June 30, 2020 671,038 $ 101.30 Total Stock-Based Compensation Total stock-based compensation included as a component of net income during the three month periods ended June 30, 2020 and 2019 was as follows: Three months ended June 30, 2020 2019 Stock-based compensation related to equity classified awards: Stock-based compensation related to stock options $ 1,046,735 $ 1,621,338 Stock-based compensation related to restricted stock, net of adjustments and exclusive of cancellations 3,536,865 6,690,870 Total stock-based compensation related to equity classified awards $ 4,583,600 $ 8,312,208

ACQUISITIONS

ACQUISITIONS	3 Months Ended
	Jun. 30, 2020
Business Combinations [Abstract]
ACQUISITIONS	ACQUISITIONSThe Company evaluates each set of assets and activities it acquires to determine if the set meets the definition of a business according to FASB ASC Topic 805-10-55. Acquisitions meeting the definition of a business are accounted for as a business combination while all other acquisitions are accounted for as asset purchases. The following table sets forth the Company's acquisition activity for the three months ended June 30, 2020 and 2019. Three months ended June 30, 2020 2019 Acquisitions: Number of branches acquired through business combinations — 21 Number of loan portfolios acquired through asset purchases 13 94 Total acquisitions 13 115 Purchase price $ 5,761,912 $ 40,263,875 Tangible assets: Loans receivable, net 4,776,558 30,726,192 Property and equipment — 69,000 Total tangible assets 4,776,558 30,795,192 Excess of purchase prices over carrying value of net tangible assets $ 985,354 $ 9,468,683 Customer lists $ 915,354 8,689,024 Non-compete agreements $ 70,000 575,000 Goodwill $ — 204,659 Acquisitions that are accounted for as business combinations typically result in one or more new branches. In such cases, the Company typically retains the existing employees and the branch location from the acquisition. The purchase price is allocated to the tangible assets and intangible assets acquired based upon their estimated fair market values at the acquisition date. The remainder is allocated to goodwill. Acquisitions that are accounted for as asset purchases are typically limited to acquisitions of loan portfolios. The purchase price is allocated to the tangible assets and intangible assets acquired based upon their estimated fair market values at the acquisition date. In an asset purchase, no goodwill is recorded. The Company’s acquisitions include tangible assets (generally loans and furniture and equipment) and intangible assets (generally non-compete agreements, customer lists, and goodwill), both of which are recorded at their fair values, which are estimated pursuant to the processes described below. Acquired loans are valued at the net loan balance. Given the short-term nature of these loans, generally eight months, and that these loans are priced at current rates, management believes the net loan balances approximate their fair value. Under CECL, acquired loans are included in the reserve calculations for all other loan types (excluding TALs). Management includes recent acquisition activity compared to historical activity when considering reasonable and supportable forecasts as it relates to assessing the adequacy of the allowance for expected credit losses. The Company did not acquire any loans that would qualify as PCD's during the period. Furniture and equipment are valued at the specific purchase price as agreed to by both parties at the time of acquisition, which management believes approximates their fair values. Non-compete agreements are valued at the stated amount paid to the other party for these agreements, which the Company believes approximates their fair value. Customer lists are valued with a valuation model that utilizes the Company’s historical data to estimate the value of any acquired customer lists. Customer lists are allocated at a branch level and are evaluated for impairment at a branch level when a triggering event occurs in accordance with FASB ASC Topic 360-10-05. If a triggering event occurs, the impairment loss to the customer list is generally the remaining unamortized customer list balance. In most acquisitions, the original fair value of the customer list allocated to a branch is less than $100,000, and management believes that in the event a triggering event were to occur, the impairment loss to an unamortized customer list would be immaterial. The results of all acquisitions have been included in the Company’s Consolidated Financial Statements since the respective acquisition date. The pro forma impact of these branches as though they had been acquired at the beginning of the periods presented would not have a material effect on the results of operations as reported.

DEBT

DEBT	3 Months Ended
	Jun. 30, 2020
Debt Disclosure [Abstract]
DEBT	DEBT Senior Notes Payable; Revolving Credit Facility At June 30, 2020 the Company's notes payable consisted of a $685.0 million senior revolving credit facility, which has an accordion feature permitting the maximum aggregate commitments to increase to $685.0 million provided that certain conditions are met. At June 30, 2020 $352.2 million was outstanding under the Company's revolving credit facility, not including a $300.0 thousand outstanding standby letter of credit related to workers compensation. To the extent that the letter of credit is drawn upon, the disbursement will be funded by the credit facility. There are no amounts due related to the letter of credit as of June 30, 2020. The letter of credit expires on December 31, 2020; however, it automatically extends for one year on the expiration date. Subject to a borrowing base formula, the Company may borrow at the rate of LIBOR plus an applicable margin between 3.0% and 4.0% based on certain EBITDA related metrics set forth in the revolving credit agreement, which are determined and adjusted on a monthly basis with a minimum rate of 4.0%. The revolving credit facility has a commitment fee of 0.50% per annum on the unused portion of the commitment. Commitment fees on the unused portion of the borrowing totaled $0.4 million and $0.3 million for the three months ended June 30, 2020 and 2019, respectively. For the three months ended June 30, 2020 and fiscal year ended March 31, 2020, the Company’s effective interest rate, including the commitment fee and amortization of debt issuance costs, was 5.6% annualized and 5.8%, respectively, and the unused amount available under the revolver at June 30, 2020 was $212.8 million. The Company also had $119.7 million that may become available under the revolving credit facility if it grows the net eligible finance receivables. Borrowings under the revolving credit facility mature on June 7, 2022. Substantially all of the Company’s assets are pledged as collateral for borrowings under the revolving credit agreement. Debt Covenants The agreement governing the Company’s revolving credit facility contains affirmative and negative covenants, including covenants that generally restrict the ability of the Company and its subsidiaries to, among other things, incur or guarantee indebtedness, incur liens, pay dividends and repurchase or redeem capital stock, dispose of assets, engage in mergers and consolidations, make acquisitions or other investments, redeem or prepay subordinated debt, amend subordinated debt documents, make changes in the nature of its business, and engage in transactions with affiliates. The agreement also contains financial covenants, including: (i) a minimum consolidated net worth of $365.0 million (subsequently amended to $325.0 million on July 24, 2020; (ii) a minimum fixed charge coverage ratio of (a) 2.25 to 1.0 for the fiscal quarters ending March 31, 2020, June 30, 2020 and September 30, 2020 and (b) 2.75 to 1.0 for each fiscal quarter thereafter; (iii) a maximum ratio of total debt to consolidated adjusted net worth of 2.0 to 1.0; (iv) as of the end of each fiscal quarter, provision for credit losses for the four fiscal quarters then ending shall equal or exceed the net loan charge-off for the corresponding period (any shortfalls are required to be deducted in the determination of net income and consolidated net worth); and (v) a maximum collateral performance indicator of 23.0%, as of the end of each calendar month. The collateral performance indicator is equal to the sum of (a) a three-month rolling average rate of receivables at least sixty days past due and (b) an eight-month rolling average net charge-off rate. The agreement allows the Company to incur subordinated debt that matures after the termination date for the revolving credit facility and that contains specified subordination terms, subject to limitations on amount imposed by the financial covenants under the agreement. The Company was in compliance with these covenants at June 30, 2020 and March 31, 2020 and does not believe that these covenants will materially limit its business and expansion strategy. The agreement contains events of default including, without limitation, nonpayment of principal, interest or other obligations, violation of covenants, misrepresentation, cross-default to other debt, bankruptcy and other insolvency events, judgments, certain ERISA events, actual or asserted invalidity of loan documentation, invalidity of subordination provisions of subordinated debt, certain changes of control of the Company, and the occurrence of certain regulatory events (including the entry of any stay, order, judgment, ruling or similar event related to the Company’s or any of its subsidiaries’ originating, holding, pledging, collecting or enforcing its eligible finance receivables that is material to the Company or any subsidiary)

INCOME TAXES

INCOME TAXES	3 Months Ended
	Jun. 30, 2020
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES As of June 30, 2020 and March 31, 2020, the Company had $5.9 million and $5.8 million, respectively, of total gross unrecognized tax benefits including interest. Approximately $5.3 million and $5.2 million, respectively, represent the amount of net unrecognized tax benefits that are permanent in nature and, if recognized, would affect the annual effective tax rate. At June 30, 2020, approximately $2.9 million of gross unrecognized tax benefits are expected to be resolved during the next twelve months through the expiration of the statute of limitations and settlement with taxing authorities. The Company’s continuing practice is to recognize interest and penalties related to income tax matters in income tax expense. As of June 30, 2020, the Company had approximately $1.5 million accrued for gross interest, of which $77.2 thousand was accrued during the three months ended June 30, 2020. The Company is subject to U.S. income taxes, as well as various other state and local jurisdictions. With the exception of a few states, the Company is no longer subject to U.S. federal, state and local, or non-U.S. income tax examinations by tax authorities for years before 2016, although carryforward attributes that were generated prior to 2016 may still be adjusted upon examination by the taxing authorities if they either have been or will be used in a future period. The Company’s effective income tax rate increased to 26.3% for the quarter ended June 30, 2020 compared to 21.5% for the prior year quarter. The increase is primarily due to lower than estimated Federal Historic Tax Credits for fiscal 2020 with the correction being treated as a discrete event in the current year quarter and a reduction in the permanent tax benefit related to the exercise of non-qualified stock options when compared to the prior year quarter.

Subsequent Events (Notes)

Subsequent Events (Notes)	3 Months Ended
	Jun. 30, 2020
Subsequent Events [Abstract]
Subsequent Events [Text Block]	NOTE 13 – SUBSEQUENT EVENTS Resolution of Mexico Investigation As further described in Note 12, on August 6, 2020, the Company announced that it reached agreements with the SEC and DOJ to resolve allegations primarily involving the Company’s former subsidiary in Mexico. The agreements concluded investigations into alleged violations of the FCPA involving the Company’s former WAC de Mexico subsidiary through June 2017. The Company has made improvements in operations and management since the allegations were made, including naming R. Chad Prashad as President and Chief Executive Officer; naming Luke J. Umstetter as General Counsel, Chief Compliance Officer and Secretary; and selling its Mexican subsidiary in July 2018. The Company has no remaining foreign subsidiaries, and it conducts no business outside of the United States. Under the terms of the settlement with the SEC, the Company has agreed to disgorge approximately $17.8 million earned by the Viva division of its former Mexican subsidiary and pay an additional $3.9 million in prejudgment interest and civil penalties. This amount is consistent with the accrual previously disclosed and recorded by the Company. The SEC resolution acknowledges the Company’s remedial acts and cooperation. In connection with this settlement, the Company has neither admitted nor denied the underlying allegations. Third Amendment to Amended and Restated Revolving Credit Facility On July 24, 2020, the Company entered into the Third Amendment to Amended and Restated Revolving Credit Agreement (the “Third Amendment”), among the Company, the lenders named therein, and Wells Fargo Bank, National Association, as Administrative Agent and Collateral Agent. The Third Amendment amends its Amended and Restated Revolving Credit Agreement to, among other things: i. Reduce the Advance Rate associated with the Collateral Performance Indicator; ii. Increase the Applicable Margin associated with the EBITDA Ratio by 50 bps; iii. Change the Financial Covenant associated with required “Minimum Net Worth” from $365,000,000 to $325,000,000, and iv. Allow the Company to make additional purchases of any class or series of capital stock or other equity in the amount of up to $50 million through March 31, 2021 plus 50% of cumulative Consolidated Net Income, subject to certain restrictions. The foregoing description of the Third Amendment to the Amended and Restated Revolving Credit Agreement is only a summary and is qualified in its entirety by reference to the full text of the Amended and Restated Revolving Credit Agreement, which is incorporated by reference as Exhibit 10.02 to this Quarterly Report on Form 10-Q. Management is not aware of any other significant events occurring subsequent to the balance sheet date that would have a material effect on the financial statements thereby requiring adjustment or disclosure.

Leases (Notes)

Leases (Notes)	3 Months Ended
	Jun. 30, 2020
Operating Leased Assets [Line Items]
Leases of Lessee Disclosure [Text Block]	Accounting Policies and Matters Requiring Management's Judgment When determining the economic life of a lease the Company adopts a convention of applying an economic life equal to the useful life as specified in its accounting policy. Refer to Note 1, “Property and Equipment,” to the Company's Annual Report on Form 10-K for the fiscal year ended March 31, 2020 for a description of the Company's accounting policy regarding useful lives. The Company uses its effective annual interest rate as the discount rate when evaluating leases under Topic 842. Management applies its effective annual interest rate to leases entered for the entirety of the subsequent year. For example, fiscal 2020’s annual effective interest rate of 5.8% will be used in the determination of lease type as well as the discount rate when calculating the present value of lease payments for all leases entered into in fiscal 2021 or until a new annual effective interest rate is available for application. Based on its historical practice, the Company believes it is reasonably certain to exercise a given option associated with a given office space lease. Therefore, the Company classifies all lease options for office space as “reasonably certain” unless it has specific knowledge to the contrary for a given lease. The Company does not believe it is reasonably certain to exercise any options associated with its office equipment leases. Periodic Disclosures The Company's leases consist of real estate leases for office space as well as office equipment leases, all of which were classified as operating at June 30, 2020. Both the real estate and office equipment leases range from three years to five years, and generally contain options to extend which mirror the original terms of the lease. The following table reports information about the Company's lease cost for the three months ended June 30, 2020 and 2019: Three months ended June 30, 2020 2019 Lease Cost Operating lease cost $ 7,069,662 $ 6,230,579 Short-term lease cost 1,800 — Variable lease cost 879,650 804,607 Total lease cost $ 7,951,112 $ 7,035,186 The following table reports other information about the Company's leases for the three months ended June 30, 2020 and 2019: Three months ended June 30, 2020 2019 Other Lease Information Cash paid for amounts included in the measurement of lease liabilities $ 6,936,849 $ 6,032,398 Right-of-use assets obtained in exchange for new operating lease liabilities (1) $ 4,123,442 $ 17,493,249 Weighted average remaining lease term — operating leases 7.2 years 5.2 years Weighted-average discount rate — operating leases 6.6 % 6.7 % _______________________________________________________ (1) In May 2019 the Company executed a new 10 year lease agreement for its corporate headquarters in Greenville, South Carolina. The lease payments commenced in December 2019; however, execution of the lease agreement triggered recognition of the right-of-use asset in May 2019 for approximately $15.6 million. The following table reports information about the maturity of the Company's operating leases as of June 30, 2020: June 30, 2020 Operating lease liability maturity analysis Fiscal 2021 $ 19,920,292 Fiscal 2022 23,646,592 Fiscal 2023 19,363,738 Fiscal 2024 15,435,761 Fiscal 2025 11,176,842 Fiscal 2026 7,578,950 Thereafter 28,338,811 Total undiscounted lease liability $ 125,460,986 Imputed interest 27,845,340 Total discounted lease liability $ 97,615,646 The Company had no leases with related parties at June 30, 2020.

Discontinued Operations and Dis

Discontinued Operations and Disposal Groups	3 Months Ended
	Jun. 30, 2019
Discontinued Operations and Disposal Groups [Abstract]
Disposal Groups, Including Discontinued Operations, Disclosure	NOTE 2 – ASSETS HELD FOR SALE

FAIR VALUE (Tables)

FAIR VALUE (Tables)	3 Months Ended
	Jun. 30, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Measurements, Recurring and Nonrecurring	The carrying amounts and estimated fair values of financial assets and liabilities disclosed but not carried at fair value and their level within the fair value hierarchy are summarized below. June 30, 2020 March 31, 2020 Input Level Carrying Value Estimated Fair Value Carrying Value Estimated Fair Value ASSETS Cash and cash equivalents 1 $ 9,960,153 9,960,153 $ 11,618,922 11,618,922 Loans receivable, net 3 681,596,949 681,596,949 804,402,786 804,402,786 LIABILITIES Senior notes payable 3 352,205,500 352,205,500 451,100,000 451,100,000 The carrying amounts and estimated fair values of amounts the Company measures at fair value on a non-recurring basis, which are limited to the Company's assets held for sale, are summarized below. June 30, 2020 March 31, 2020 Input Level Carrying Value Estimated Fair Value Carrying Value Estimated Fair Value ASSETS Assets held for sale 2 $ 3,991,498 $ 3,991,498 $ 3,991,498 $ 3,991,498

ALLOWANCE FOR LOAN LOSSES (Tabl

ALLOWANCE FOR LOAN LOSSES (Tables)	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	The following is a summary of gross loans receivable by customer tenure as of: Customer Tenure June 30, 2020 0 to 5 months $ 83,752,362 6 to 17 months 136,822,413 18 to 35 months 145,418,840 36 to 59 months 115,612,624 60+ months 582,293,853 Tax advance loans 3,977,212 Total gross loans $ 1,067,877,304
Summary of changes in the allowance for loan losses	he following table presents a roll forward of the allowance for credit losses on our gross loans receivable for the three months ended June 30, 2020 and 2019. Three months ended June 30, 2020 2019 Beginning balance, prior to adopting ASC 326 $ 96,487,856 $ 81,519,624 Impact of ASC 326 28,628,369 — Provision for credit losses 25,660,660 41,291,071 Charge-offs (43,831,942) (39,523,987) Recoveries 5,741,654 4,066,379 Net charge-offs (38,090,288) (35,457,608) Ending Balance $ 112,686,597 $ 87,353,087
Summary of loans individually and collectively evaluated for impairment		The following is a summary of loans individually and collectively evaluated for impairment for the periods indicated: March 31, 2020 Loans individually Loans collectively Total Gross loans in bankruptcy, excluding contractually delinquent $ 5,165,752 — 5,165,752 Gross loans contractually delinquent 70,719,727 — 70,719,727 Loans not contractually delinquent and not in bankruptcy — 1,133,985,887 1,133,985,887 Gross loan balance 75,885,479 1,133,985,887 1,209,871,366 Unearned interest and fees (16,848,762) (292,131,962) (308,980,724) Net loans 59,036,717 841,853,925 900,890,642 Allowance for credit losses (54,090,509) (42,397,347) (96,487,856) Loans, net of allowance for credit losses $ 4,946,208 799,456,578 804,402,786 June 30, 2019 Loans individually Loans collectively Total Gross loans in bankruptcy, excluding contractually delinquent $ 4,898,870 — 4,898,870 Gross loans contractually delinquent 60,531,119 — 60,531,119 Loans not contractually delinquent and not in bankruptcy — 1,157,266,256 1,157,266,256 Gross loan balance 65,429,989 1,157,266,256 1,222,696,245 Unearned interest and fees (13,190,042) (307,538,515) (320,728,557) Net loans 52,239,947 849,727,741 901,967,688 Allowance for losses (47,549,279) (39,803,808) (87,353,087) Loans, net of allowance for losses $ 4,690,668 809,923,933 814,614,601
Assessment of the credit quality	The following tables provide a breakdown of the Company’s gross loans receivable by current payment performance on a recency basis and year of origination at June 30, 2020: Term Loans By Origination Loans Up to Between Between Between Between More than Total Current $ 933,050,195 $ 43,678,473 $ 1,953,256 $ 116,013 $ 12,122 $ 4,641 $ 978,814,700 30 - 60 days past due 24,943,823 2,985,766 248,629 37,376 5,503 — 28,221,097 61 - 90 days past due 15,453,159 1,550,308 96,260 7,050 2,041 — 17,108,818 91 or more days past due 35,812,872 3,742,231 172,985 23,255 4,134 — 39,755,477 Total $ 1,009,260,049 $ 51,956,778 $ 2,471,130 $ 183,694 $ 23,800 $ 4,641 $ 1,063,900,092 Term Loans By Origination Tax advance loans Up to Between Between Between Between More than Total Current $ 268,494 $ 1,590 $ — $ — $ — $ — 270,084 30 - 60 days past due 197,410 1,477 — — — — 198,887 61 - 90 days past due 296,041 1,375 — — — — 297,416 91 or more days past due 3,202,760 8,065 — — — — 3,210,825 Total $ 3,964,705 $ 12,507 $ — $ — $ — $ — $ 3,977,212 Total gross loans $ 1,067,877,304 The following tables provide a breakdown of the Company’s gross loans receivable by current payment performance on a contractual basis and year of origination at June 30, 2020: Term Loans By Origination Loans Up to Between Between Between Between More than Total Current $ 914,577,115 $ 37,828,421 $ 1,430,757 $ 36,609 $ 3,569 $ — $ 953,876,471 30 - 60 days past due 27,140,175 2,123,499 93,238 7,604 — — 29,364,516 61 - 90 days past due 19,851,436 1,600,053 69,688 7,225 — — 21,528,402 91 or more days past due 47,691,321 10,404,807 877,448 132,256 20,230 4,641 59,130,703 Total $ 1,009,260,047 $ 51,956,780 $ 2,471,131 $ 183,694 $ 23,799 $ 4,641 $ 1,063,900,092 Term Loans By Origination Tax advance loans Up to Between Between Between Between More than Total Current $ 216,051 $ — $ — $ — $ — $ — 216,051 30 - 60 days past due 170,438 — — — — — 170,438 61 - 90 days past due 345,008 — — — — — 345,008 91 or more days past due 3,233,207 12,508 — — — — 3,245,715 Total $ 3,964,704 $ 12,508 $ — $ — $ — $ — $ 3,977,212 Total gross loans $ 1,067,877,304	The following is an assessment of the credit quality of loans for the periods indicated: March 31, 2020 June 30, 2019 Credit risk Consumer loans- non-bankrupt accounts $ 1,203,552,152 $ 1,216,089,192 Consumer loans- bankrupt accounts 6,319,214 6,607,053 Total gross loans $ 1,209,871,366 $ 1,222,696,245 Consumer credit exposure Credit risk profile based on payment activity, performing $ 1,104,130,714 $ 1,133,978,402 Contractual non-performing, 61 or more days delinquent (1) 105,740,652 88,717,843 Total gross loans $ 1,209,871,366 $ 1,222,696,245 Credit risk profile based on customer type New borrower $ 124,800,193 $ 147,365,635 Former borrower 127,108,125 133,566,583 Refinance 935,448,882 920,783,881 Delinquent refinance 22,514,166 20,980,146 Total gross loans $ 1,209,871,366 $ 1,222,696,245
Summary of the past due receivables	The following table is an aging analysis on a recency basis at amortized cost of the Company’s gross loans receivable at June 30, 2020: Days Past Due - Recency Basis Customer Tenure Current 30 - 60 61 - 90 Over 90 Total Past Due Total Loans 0 to 5 months $ 63,370,265 $ 4,360,386 $ 3,845,030 $ 12,176,678 $ 20,382,094 $ 83,752,359 6 to 17 months 122,680,569 4,625,080 2,905,164 6,611,601 14,141,845 136,822,414 18 to 35 months 134,613,672 3,848,147 2,435,479 4,521,542 10,805,168 145,418,840 36 to 59 months 108,066,651 2,977,401 1,567,291 3,001,282 7,545,974 115,612,625 60+ months 550,083,543 12,410,084 6,355,854 13,444,373 32,210,311 582,293,854 Tax advance loans 270,084 198,886 297,416 3,210,826 3,707,128 3,977,212 Total gross loans 979,084,784 28,419,984 17,406,234 42,966,302 88,792,520 1,067,877,304 Unearned interest, insurance and fees (250,844,815) (7,281,296) (4,459,536) (11,008,111) (22,748,943) (273,593,758) Total net loans $ 728,239,969 $ 21,138,688 $ 12,946,698 $ 31,958,191 $ 66,043,577 $ 794,283,546 Percentage of period-end gross loans receivable 2.7% 1.6% 4.0% 8.3% Days Past Due - Contractual Basis Customer Tenure Current 30 - 60 61 - 90 Over 90 Total Past Due Total Loans 0 to 5 months $ 61,052,078 $ 4,137,299 $ 4,059,759 $ 14,503,223 $ 22,700,281 $ 83,752,359 6 to 17 months 119,558,962 4,554,409 3,349,431 9,359,612 17,263,452 136,822,414 18 to 35 months 131,531,720 3,981,247 3,037,117 6,868,756 13,887,120 145,418,840 36 to 59 months 105,431,039 2,984,422 2,092,410 5,104,754 10,181,586 115,612,625 60+ months 536,302,672 13,707,139 8,989,685 23,294,358 45,991,182 582,293,854 Tax advance loans 216,051 170,438 345,008 3,245,715 3,761,161 3,977,212 Total gross loans 954,092,522 29,534,954 21,873,410 62,376,418 113,784,782 1,067,877,304 Unearned interest, insurance and fees (244,441,714) (7,566,955) (5,604,041) (15,981,048) (29,152,044) (273,593,758) Total net loans $ 709,650,808 $ 21,967,999 $ 16,269,369 $ 46,395,370 $ 84,632,738 $ 794,283,546 Percentage of period-end gross loans receivable 2.8% 2.0% 5.8% 10.7%	The following is a summary of the past due receivables as of: March 31, 2020 June 30, 2019 Contractual basis: 30-60 days past due $ 49,137,102 $ 46,738,172 61-90 days past due 35,020,925 28,186,725 91 days or more past due 70,719,727 60,531,118 Total $ 154,877,754 $ 135,456,015 Percentage of period-end gross loans receivable 12.8 % 11.1 % Recency basis: 30-60 days past due $ 48,206,910 $ 45,096,798 61-90 days past due 28,450,942 25,365,096 91 days or more past due 50,669,837 44,176,264 Total $ 127,327,689 $ 114,638,158 Percentage of period-end gross loans receivable 10.5 % 9.4 %
Financing Receivable, Nonaccrual	It also shows year-to-date interest income recognized on nonaccrual loans: Nonaccrual Financial Assets Customer Tenure As of As of Financial Assets 61 Days or More Past Due, Not on Nonaccrual Status Nonaccrual Financial Assets With No Allowance Interest Income 0 to 5 months $ 19,210,705 $ 26,040,593 $ — $ — $ 685,262 6 to 17 months 13,445,952 17,466,450 — — 756,414 18 to 35 months 10,647,059 13,723,295 — — 630,127 36 to 59 months 7,816,047 10,071,288 — — 488,763 60+ months 35,277,427 44,293,545 — — 2,127,220 Tax advance loans 3,678,896 41,573 — — — Unearned interest, insurance and fees (23,077,796) (28,510,140) — — Total $ 66,998,290 $ 83,126,604 $ — $ — $ 4,687,786

AVERAGE SHARE INFORMATION (Tabl

AVERAGE SHARE INFORMATION (Tables)	3 Months Ended
	Jun. 30, 2020
Earnings Per Share [Abstract]
Summary of basic and diluted average common shares outstanding	The following is a summary of the basic and diluted average common shares outstanding: Three months ended June 30, 2020 2019 Basic: Weighted average common shares outstanding (denominator) 6,867,457 8,507,121 Diluted: Weighted average common shares outstanding 6,867,457 8,507,121 Dilutive potential common shares 60,664 359,129 Weighted average diluted shares outstanding (denominator) 6,928,121 8,866,250

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	3 Months Ended
	Jun. 30, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value [Table Text Block]	Fair value was estimated at grant date using the weighted-average assumptions listed below: Three months ended June 30, 2020 2019 Dividend Yield —% —% Expected Volatility 55.10% 49.74% Average risk-free rate 0.43% 2.22% Expected Life 6.2 years 6.6 years
Tabular disclosure of performance shares vesting based on EPS targets [Table Text Block]	The Performance Option performance target is set forth below. Trailing 4-Quarter EPS Targets for Options Eligible for Vesting $25.30 100%
Summary schedule of stock option activity	ption activity for the three months ended June 30, 2020 was as follows: Shares Weighted Average Exercise Weighted Average Aggregate Intrinsic Value Options outstanding, beginning of period 646,728 $ 88.30 Granted during period 300 59.02 Exercised during period — — Forfeited during period (5,940) 100.79 Expired during period (300) 76.51 Options outstanding, end of period 640,788 $ 88.17 6.2 years $ 1,020,150 Options exercisable, end of period 324,369 $ 75.19 4.2 years $ 1,018,200
Intrinsic value of options exercised	The total intrinsic value of options exercised during the periods ended June 30, 2020 and 2019 was as follows: June 30, June 30, Three months ended $ — $ 2,835,328
Summary of the status and changes restricted stock	A summary of the status of the Company’s restricted stock as of June 30, 2020, and changes during the three months ended June 30, 2020, are presented below: Shares Weighted Average Fair Value at Grant Date Outstanding at March 31, 2020 705,254 $ 101.47 Granted during the period 2,055 59.02 Vested during the period (6,271) 108.87 Forfeited during the period (30,000) 100.79 Outstanding at June 30, 2020 671,038 $ 101.30
Share-based compensation included as a component of net income	Total stock-based compensation included as a component of net income during the three month periods ended June 30, 2020 and 2019 was as follows: Three months ended June 30, 2020 2019 Stock-based compensation related to equity classified awards: Stock-based compensation related to stock options $ 1,046,735 $ 1,621,338 Stock-based compensation related to restricted stock, net of adjustments and exclusive of cancellations 3,536,865 6,690,870 Total stock-based compensation related to equity classified awards $ 4,583,600 $ 8,312,208
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Tabular disclosure of performance shares vesting based on EPS targets [Table Text Block]	The Performance Share performance targets are set forth below. Trailing 4-Quarter EPS Targets for Restricted Stock Eligible for Vesting $16.35 40% $20.45 60%

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	3 Months Ended
	Jun. 30, 2020
Business Acquisition [Line Items]
Acquisition activity	ACQUISITIONSThe Company evaluates each set of assets and activities it acquires to determine if the set meets the definition of a business according to FASB ASC Topic 805-10-55. Acquisitions meeting the definition of a business are accounted for as a business combination while all other acquisitions are accounted for as asset purchases. The following table sets forth the Company's acquisition activity for the three months ended June 30, 2020 and 2019. Three months ended June 30, 2020 2019 Acquisitions: Number of branches acquired through business combinations — 21 Number of loan portfolios acquired through asset purchases 13 94 Total acquisitions 13 115 Purchase price $ 5,761,912 $ 40,263,875 Tangible assets: Loans receivable, net 4,776,558 30,726,192 Property and equipment — 69,000 Total tangible assets 4,776,558 30,795,192 Excess of purchase prices over carrying value of net tangible assets $ 985,354 $ 9,468,683 Customer lists $ 915,354 8,689,024 Non-compete agreements $ 70,000 575,000 Goodwill $ — 204,659 Acquisitions that are accounted for as business combinations typically result in one or more new branches. In such cases, the Company typically retains the existing employees and the branch location from the acquisition. The purchase price is allocated to the tangible assets and intangible assets acquired based upon their estimated fair market values at the acquisition date. The remainder is allocated to goodwill. Acquisitions that are accounted for as asset purchases are typically limited to acquisitions of loan portfolios. The purchase price is allocated to the tangible assets and intangible assets acquired based upon their estimated fair market values at the acquisition date. In an asset purchase, no goodwill is recorded. The Company’s acquisitions include tangible assets (generally loans and furniture and equipment) and intangible assets (generally non-compete agreements, customer lists, and goodwill), both of which are recorded at their fair values, which are estimated pursuant to the processes described below. Acquired loans are valued at the net loan balance. Given the short-term nature of these loans, generally eight months, and that these loans are priced at current rates, management believes the net loan balances approximate their fair value. Under CECL, acquired loans are included in the reserve calculations for all other loan types (excluding TALs). Management includes recent acquisition activity compared to historical activity when considering reasonable and supportable forecasts as it relates to assessing the adequacy of the allowance for expected credit losses. The Company did not acquire any loans that would qualify as PCD's during the period. Furniture and equipment are valued at the specific purchase price as agreed to by both parties at the time of acquisition, which management believes approximates their fair values. Non-compete agreements are valued at the stated amount paid to the other party for these agreements, which the Company believes approximates their fair value. Customer lists are valued with a valuation model that utilizes the Company’s historical data to estimate the value of any acquired customer lists. Customer lists are allocated at a branch level and are evaluated for impairment at a branch level when a triggering event occurs in accordance with FASB ASC Topic 360-10-05. If a triggering event occurs, the impairment loss to the customer list is generally the remaining unamortized customer list balance. In most acquisitions, the original fair value of the customer list allocated to a branch is less than $100,000, and management believes that in the event a triggering event were to occur, the impairment loss to an unamortized customer list would be immaterial. The results of all acquisitions have been included in the Company’s Consolidated Financial Statements since the respective acquisition date. The pro forma impact of these branches as though they had been acquired at the beginning of the periods presented would not have a material effect on the results of operations as reported.
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	The following table sets forth the Company's acquisition activity for the three months ended June 30, 2020 and 2019. Three months ended June 30, 2020 2019 Acquisitions: Number of branches acquired through business combinations — 21 Number of loan portfolios acquired through asset purchases 13 94 Total acquisitions 13 115 Purchase price $ 5,761,912 $ 40,263,875 Tangible assets: Loans receivable, net 4,776,558 30,726,192 Property and equipment — 69,000 Total tangible assets 4,776,558 30,795,192 Excess of purchase prices over carrying value of net tangible assets $ 985,354 $ 9,468,683 Customer lists $ 915,354 8,689,024 Non-compete agreements $ 70,000 575,000 Goodwill $ — 204,659

Leases (Tables)

Leases (Tables)	3 Months Ended
	Jun. 30, 2020
Operating Leased Assets [Line Items]
Lease, Cost [Table Text Block]	The following table reports information about the Company's lease cost for the three months ended June 30, 2020 and 2019: Three months ended June 30, 2020 2019 Lease Cost Operating lease cost $ 7,069,662 $ 6,230,579 Short-term lease cost 1,800 — Variable lease cost 879,650 804,607 Total lease cost $ 7,951,112 $ 7,035,186
Lessee, Operating Lease, Disclosure [Table Text Block]	The following table reports other information about the Company's leases for the three months ended June 30, 2020 and 2019: Three months ended June 30, 2020 2019 Other Lease Information Cash paid for amounts included in the measurement of lease liabilities $ 6,936,849 $ 6,032,398 Right-of-use assets obtained in exchange for new operating lease liabilities (1) $ 4,123,442 $ 17,493,249 Weighted average remaining lease term — operating leases 7.2 years 5.2 years Weighted-average discount rate — operating leases 6.6 % 6.7 % _______________________________________________________ (1) In May 2019 the Company executed a new 10 year lease agreement for its corporate headquarters in Greenville, South Carolina. The lease payments commenced in December 2019; however, execution of the lease agreement triggered recognition of the right-of-use asset in May 2019 for approximately $15.6 million.
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	The following table reports information about the maturity of the Company's operating leases as of June 30, 2020: June 30, 2020 Operating lease liability maturity analysis Fiscal 2021 $ 19,920,292 Fiscal 2022 23,646,592 Fiscal 2023 19,363,738 Fiscal 2024 15,435,761 Fiscal 2025 11,176,842 Fiscal 2026 7,578,950 Thereafter 28,338,811 Total undiscounted lease liability $ 125,460,986 Imputed interest 27,845,340 Total discounted lease liability $ 97,615,646

Discontinued Operations and D_2

Discontinued Operations and Disposal Groups (Tables)	3 Months Ended
	Jun. 30, 2020
Discontinued Operations and Disposal Groups [Abstract]
Disposal Groups, Including Discontinued Operations	The following table reconciles the major classes of assets held for sale to the amounts presented in the Consolidated Balance Sheets: June 30, 2020 Assets held for sale: Property and equipment, net $ 3,991,498 Total assets held for sale $ 3,991,498

SUMMARY OF SIGNIFICANT POLICI_2

SUMMARY OF SIGNIFICANT POLICIES Accounting Standards (Details) - USD ($)	Jun. 30, 2020	Mar. 31, 2020
Item Effected [Line Items]
Cumulative Effect of New Accounting Principle in Period of Adoption	$ (21,242,249)
Operating Lease, Right-of-Use Asset	96,579,022	$ 101,686,918
Operating Lease, Liability	$ 97,615,646	$ 102,759,386

FAIR VALUE (Details)

FAIR VALUE (Details) - USD ($)	3 Months Ended
	Jun. 30, 2020	Mar. 31, 2020
Fair Value Disclosures [Abstract]
Loans and Leases Receivable, Average Loan Period	8 months
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes payable	$ 352,205,500	$ 451,100,000
Reported Value Measurement [Member] | Senior notes payable [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes payable	352,205,500	451,100,000
Estimate of Fair Value Measurement [Member] | Senior notes payable [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior notes payable	352,205,500	451,100,000
Fair Value, Inputs, Level 1 [Member] | Reported Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	9,960,153	11,618,922
Fair Value, Inputs, Level 1 [Member] | Estimate of Fair Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and Cash Equivalents, Fair Value Disclosure	9,960,153	11,618,922
Receivables, Fair Value Disclosure	681,596,949
Fair Value, Inputs, Level 2 | Reported Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets Held-for-sale, Long Lived, Fair Value Disclosure	3,991,498	3,991,498
Fair Value, Inputs, Level 2 | Estimate of Fair Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets Held-for-sale, Long Lived, Fair Value Disclosure	3,991,498	3,991,498
Fair Value, Inputs, Level 3 [Member] | Reported Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Receivables, Fair Value Disclosure	$ 681,596,949	804,402,786
Fair Value, Inputs, Level 3 [Member] | Estimate of Fair Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Receivables, Fair Value Disclosure		$ 804,402,786

RECEIVABLES AND ALLOWANCE FOR L

RECEIVABLES AND ALLOWANCE FOR LOAN LOSSES (Details) - USD ($)	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Mar. 31, 2021	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2019
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment		$ 51,100,000
Allowance for Loan Losses [Roll Forward]
Balance at beginning of period	$ 96,487,856	81,519,624
Provision for loan losses	25,660,660	41,291,071
Loan losses	(43,831,942)	(39,523,987)
Recoveries	5,741,654	4,066,379
Balance at end of period	112,686,597	87,353,087
Summary of loans individually and collectively evaluated for impairment [Abstract]
Bankruptcy, gross loans					$ 5,165,752	$ 4,898,870
91 days or more delinquent, excluding bankruptcy					70,719,727	60,531,119
Loans less than 91 days delinquent and not in bankruptcy					1,133,985,887	1,157,266,256
Loans and Leases Receivable, Gross			$ 1,067,877,304	$ 1,067,877,304	1,209,871,366	1,222,696,245
Unearned interest and fees					(308,980,724)	(320,728,557)
Net loans					900,890,642	901,967,688
Allowance for loan losses	(112,686,597)	(87,353,087)		(112,686,597)	(96,487,856)	(87,353,087)
Loans receivable, net				681,596,949	804,402,786	814,614,601
Cumulative Effect of New Accounting Principle in Period of Adoption				$ (21,242,249)
Uncollected Accrued Interest Reversed	5,500,000
Loans individually evaluated for impairment (impaired loans) [Member]
Allowance for Loan Losses [Roll Forward]
Balance at beginning of period	54,090,509
Balance at end of period		47,549,279
Summary of loans individually and collectively evaluated for impairment [Abstract]
Bankruptcy, gross loans					5,165,752	4,898,870
91 days or more delinquent, excluding bankruptcy					70,719,727	60,531,119
Loans less than 91 days delinquent and not in bankruptcy					0	0
Loans and Leases Receivable, Gross					75,885,479	65,429,989
Unearned interest and fees					(16,848,762)	(13,190,042)
Net loans					59,036,717	52,239,947
Allowance for loan losses	(54,090,509)	(47,549,279)			(54,090,509)	(47,549,279)
Loans receivable, net					4,946,208	4,690,668
Loans collectively evaluated for impairment [Member]
Allowance for Loan Losses [Roll Forward]
Balance at beginning of period	42,397,347
Balance at end of period		39,803,808
Summary of loans individually and collectively evaluated for impairment [Abstract]
Bankruptcy, gross loans					0	0
91 days or more delinquent, excluding bankruptcy					0	0
Loans less than 91 days delinquent and not in bankruptcy					1,133,985,887	1,157,266,256
Loans and Leases Receivable, Gross					1,133,985,887	1,157,266,256
Unearned interest and fees					(292,131,962)	(307,538,515)
Net loans					841,853,925	849,727,741
Allowance for loan losses	$ (42,397,347)	$ (39,803,808)			(42,397,347)	(39,803,808)
Loans receivable, net					$ 799,456,578	$ 809,923,933

ALLOWANCE FOR LOAN LOSSES (Asse

ALLOWANCE FOR LOAN LOSSES (Assessment of Credit Quality) (Details) - USD ($)	3 Months Ended
	Jun. 30, 2019	Mar. 31, 2021	Jun. 30, 2020	Mar. 31, 2020
Financing Receivable, Recorded Investment [Line Items]
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	$ 51,100,000
Loans and Leases Receivable, Gross	1,222,696,245	$ 1,067,877,304	$ 1,067,877,304	$ 1,209,871,366
Financing Receivable, Originated in Current Fiscal Year		1,009,260,049
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year		51,956,778
Financing Receivable, Originated Two Years before Latest Fiscal Year		2,471,130
Financing Receivable, Originated Three Years before Latest Fiscal Year		183,694
Financing Receivable, Originated Four Years before Latest Fiscal Year		23,800
Financing Receivable, Originated Five or More Years before Latest Fiscal Year		4,641
Loans and Leases Receivable, Deferred Income			273,593,758	308,980,724
Loans and Leases Receivable, Net of Deferred Income	$ 901,967,688			$ 900,890,642
Financing Receivable, Percent Past Due	9.40%			10.50%
Financing Receivable, Recorded Investment, Past Due	$ 114,638,158			$ 127,327,689
Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Originated in Current Fiscal Year		3,964,705
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year		12,507
Financing Receivable, Originated Two Years before Latest Fiscal Year		0
Financing Receivable, Originated Three Years before Latest Fiscal Year		0
Financing Receivable, Originated Four Years before Latest Fiscal Year		0
Financing Receivable, Originated Five or More Years before Latest Fiscal Year		0
Consumer Loan
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		1,063,900,092
Tax Advance Loan
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		3,977,212
Contractual basis [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		1,067,877,304
Financing Receivable, Originated in Current Fiscal Year		1,009,260,047
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year		51,956,780
Financing Receivable, Originated Two Years before Latest Fiscal Year		2,471,131
Financing Receivable, Originated Three Years before Latest Fiscal Year		183,694
Financing Receivable, Originated Four Years before Latest Fiscal Year		23,799
Financing Receivable, Originated Five or More Years before Latest Fiscal Year		4,641
Loans and Leases Receivable, Deferred Income			$ (273,593,758)
Loans and Leases Receivable, Net of Deferred Income		794,283,546
Financing Receivable, Percent Past Due			10.70%	12.80%
Contractual basis [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Originated in Current Fiscal Year		3,964,704
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year		12,508
Financing Receivable, Originated Two Years before Latest Fiscal Year		0
Financing Receivable, Originated Three Years before Latest Fiscal Year		0
Financing Receivable, Originated Four Years before Latest Fiscal Year		0
Financing Receivable, Originated Five or More Years before Latest Fiscal Year		0
Contractual basis [Member] | Consumer Loan
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		1,063,900,092
Contractual basis [Member] | Tax Advance Loan
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		3,977,212
Contractual basis [Member] | 0 to 5 months
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		83,752,359
Contractual basis [Member] | 6 to 17 months
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		136,822,414
Contractual basis [Member] | 18 to 35 months
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		145,418,840
Contractual basis [Member] | 36 to 59 months
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		115,612,625
Contractual basis [Member] | 60+ Months
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		582,293,854
Recency Basis
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		1,067,877,304
Loans and Leases Receivable, Deferred Income			$ (273,593,758)
Loans and Leases Receivable, Net of Deferred Income		794,283,546
Financing Receivable, Percent Past Due			8.30%
Recency Basis | Tax Advance Loan
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		3,977,212
Recency Basis | 0 to 5 months
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		83,752,359
Recency Basis | 6 to 17 months
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		136,822,414
Recency Basis | 18 to 35 months
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		145,418,840
Recency Basis | 36 to 59 months
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		115,612,625
Recency Basis | 60+ Months
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		582,293,854
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		28,221,097
Financing Receivable, Originated in Current Fiscal Year		24,943,823
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year		2,985,766
Financing Receivable, Originated Two Years before Latest Fiscal Year		248,629
Financing Receivable, Originated Three Years before Latest Fiscal Year		37,376
Financing Receivable, Originated Four Years before Latest Fiscal Year		5,503
Financing Receivable, Originated Five or More Years before Latest Fiscal Year		0
Financing Receivable, Recorded Investment, Past Due	45,096,798			$ 48,206,910
Financing Receivables, 30 to 59 Days Past Due [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		198,887
Financing Receivable, Originated in Current Fiscal Year		197,410
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year		1,477
Financing Receivable, Originated Two Years before Latest Fiscal Year		0
Financing Receivable, Originated Three Years before Latest Fiscal Year		0
Financing Receivable, Originated Four Years before Latest Fiscal Year		0
Financing Receivable, Originated Five or More Years before Latest Fiscal Year		0
Financing Receivables, 30 to 59 Days Past Due [Member] | Contractual basis [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		29,364,516
Financing Receivable, Originated in Current Fiscal Year		27,140,175
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year		2,123,499
Financing Receivable, Originated Two Years before Latest Fiscal Year		93,238
Financing Receivable, Originated Three Years before Latest Fiscal Year		7,604
Financing Receivable, Originated Four Years before Latest Fiscal Year		0
Financing Receivable, Originated Five or More Years before Latest Fiscal Year		0
Loans and Leases Receivable, Deferred Income			$ (7,566,955)
Loans and Leases Receivable, Net of Deferred Income		21,967,999
Financing Receivable, Percent Past Due			2.80%
Financing Receivable, Recorded Investment, Past Due	46,738,172	29,534,954		49,137,102
Financing Receivables, 30 to 59 Days Past Due [Member] | Contractual basis [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		170,438
Financing Receivable, Originated in Current Fiscal Year		170,438
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year		0
Financing Receivable, Originated Two Years before Latest Fiscal Year		0
Financing Receivable, Originated Three Years before Latest Fiscal Year		0
Financing Receivable, Originated Four Years before Latest Fiscal Year		0
Financing Receivable, Originated Five or More Years before Latest Fiscal Year		0
Financing Receivables, 30 to 59 Days Past Due [Member] | Contractual basis [Member] | Tax Advance Loan
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		170,438
Financing Receivables, 30 to 59 Days Past Due [Member] | Contractual basis [Member] | 0 to 5 months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		4,137,299
Financing Receivables, 30 to 59 Days Past Due [Member] | Contractual basis [Member] | 6 to 17 months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		4,554,409
Financing Receivables, 30 to 59 Days Past Due [Member] | Contractual basis [Member] | 18 to 35 months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		3,981,247
Financing Receivables, 30 to 59 Days Past Due [Member] | Contractual basis [Member] | 36 to 59 months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		2,984,422
Financing Receivables, 30 to 59 Days Past Due [Member] | Contractual basis [Member] | 60+ Months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		13,707,139
Financing Receivables, 30 to 59 Days Past Due [Member] | Recency Basis
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Deferred Income			$ (7,281,296)
Loans and Leases Receivable, Net of Deferred Income		21,138,688
Financing Receivable, Percent Past Due			2.70%
Financing Receivable, Recorded Investment, Past Due		28,419,984
Financing Receivables, 30 to 59 Days Past Due [Member] | Recency Basis | Tax Advance Loan
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		198,886
Financing Receivables, 30 to 59 Days Past Due [Member] | Recency Basis | 0 to 5 months
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		83,752,362
Financing Receivable, Recorded Investment, Past Due		4,360,386
Financing Receivables, 30 to 59 Days Past Due [Member] | Recency Basis | 6 to 17 months
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		136,822,413
Financing Receivable, Recorded Investment, Past Due		4,625,080
Financing Receivables, 30 to 59 Days Past Due [Member] | Recency Basis | 18 to 35 months
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		145,418,840
Financing Receivable, Recorded Investment, Past Due		3,848,147
Financing Receivables, 30 to 59 Days Past Due [Member] | Recency Basis | 36 to 59 months
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		115,612,624
Financing Receivable, Recorded Investment, Past Due		2,977,401
Financing Receivables, 30 to 59 Days Past Due [Member] | Recency Basis | 60+ Months
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		582,293,853
Financing Receivable, Recorded Investment, Past Due		12,410,084
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		17,108,818
Financing Receivable, Originated in Current Fiscal Year		15,453,159
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year		1,550,308
Financing Receivable, Originated Two Years before Latest Fiscal Year		96,260
Financing Receivable, Originated Three Years before Latest Fiscal Year		7,050
Financing Receivable, Originated Four Years before Latest Fiscal Year		2,041
Financing Receivable, Originated Five or More Years before Latest Fiscal Year		0
Financing Receivable, Recorded Investment, Past Due	25,365,096			28,450,942
Financing Receivables, 60 to 89 Days Past Due [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		297,416
Financing Receivable, Originated in Current Fiscal Year		296,041
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year		1,375
Financing Receivable, Originated Two Years before Latest Fiscal Year		0
Financing Receivable, Originated Three Years before Latest Fiscal Year		0
Financing Receivable, Originated Four Years before Latest Fiscal Year		0
Financing Receivable, Originated Five or More Years before Latest Fiscal Year		0
Financing Receivables, 60 to 89 Days Past Due [Member] | Contractual basis [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		21,528,402
Financing Receivable, Originated in Current Fiscal Year		19,851,436
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year		1,600,053
Financing Receivable, Originated Two Years before Latest Fiscal Year		69,688
Financing Receivable, Originated Three Years before Latest Fiscal Year		7,225
Financing Receivable, Originated Four Years before Latest Fiscal Year		0
Financing Receivable, Originated Five or More Years before Latest Fiscal Year		0
Loans and Leases Receivable, Deferred Income			$ (5,604,041)
Loans and Leases Receivable, Net of Deferred Income		16,269,369
Financing Receivable, Percent Past Due			2.00%
Financing Receivable, Recorded Investment, Past Due	28,186,725	21,873,410		35,020,925
Financing Receivables, 60 to 89 Days Past Due [Member] | Contractual basis [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		345,008
Financing Receivable, Originated in Current Fiscal Year		345,008
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year		0
Financing Receivable, Originated Two Years before Latest Fiscal Year		0
Financing Receivable, Originated Three Years before Latest Fiscal Year		0
Financing Receivable, Originated Four Years before Latest Fiscal Year		0
Financing Receivable, Originated Five or More Years before Latest Fiscal Year		0
Financing Receivables, 60 to 89 Days Past Due [Member] | Contractual basis [Member] | Tax Advance Loan
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		345,008
Financing Receivables, 60 to 89 Days Past Due [Member] | Contractual basis [Member] | 0 to 5 months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		4,059,759
Financing Receivables, 60 to 89 Days Past Due [Member] | Contractual basis [Member] | 6 to 17 months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		3,349,431
Financing Receivables, 60 to 89 Days Past Due [Member] | Contractual basis [Member] | 18 to 35 months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		3,037,117
Financing Receivables, 60 to 89 Days Past Due [Member] | Contractual basis [Member] | 36 to 59 months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		2,092,410
Financing Receivables, 60 to 89 Days Past Due [Member] | Contractual basis [Member] | 60+ Months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		8,989,685
Financing Receivables, 60 to 89 Days Past Due [Member] | Recency Basis
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Deferred Income			$ (4,459,536)
Loans and Leases Receivable, Net of Deferred Income		12,946,698
Financing Receivable, Percent Past Due			1.60%
Financing Receivable, Recorded Investment, Past Due		17,406,234
Financing Receivables, 60 to 89 Days Past Due [Member] | Recency Basis | Tax Advance Loan
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		297,416
Financing Receivables, 60 to 89 Days Past Due [Member] | Recency Basis | 0 to 5 months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		3,845,030
Financing Receivables, 60 to 89 Days Past Due [Member] | Recency Basis | 6 to 17 months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		2,905,164
Financing Receivables, 60 to 89 Days Past Due [Member] | Recency Basis | 18 to 35 months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		2,435,479
Financing Receivables, 60 to 89 Days Past Due [Member] | Recency Basis | 36 to 59 months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		1,567,291
Financing Receivables, 60 to 89 Days Past Due [Member] | Recency Basis | 60+ Months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		6,355,854
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		39,755,477
Financing Receivable, Originated in Current Fiscal Year		35,812,872
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year		3,742,231
Financing Receivable, Originated Two Years before Latest Fiscal Year		172,985
Financing Receivable, Originated Three Years before Latest Fiscal Year		23,255
Financing Receivable, Originated Four Years before Latest Fiscal Year		4,134
Financing Receivable, Originated Five or More Years before Latest Fiscal Year		0
Financing Receivable, Recorded Investment, Past Due	44,176,264			50,669,837
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		3,210,825
Financing Receivable, Originated in Current Fiscal Year		3,202,760
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year		8,065
Financing Receivable, Originated Two Years before Latest Fiscal Year		0
Financing Receivable, Originated Three Years before Latest Fiscal Year		0
Financing Receivable, Originated Four Years before Latest Fiscal Year		0
Financing Receivable, Originated Five or More Years before Latest Fiscal Year		0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Contractual basis [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		59,130,703
Financing Receivable, Originated in Current Fiscal Year		47,691,321
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year		10,404,807
Financing Receivable, Originated Two Years before Latest Fiscal Year		877,448
Financing Receivable, Originated Three Years before Latest Fiscal Year		132,256
Financing Receivable, Originated Four Years before Latest Fiscal Year		20,230
Financing Receivable, Originated Five or More Years before Latest Fiscal Year		4,641
Loans and Leases Receivable, Deferred Income			$ (15,981,048)
Loans and Leases Receivable, Net of Deferred Income		46,395,370
Financing Receivable, Percent Past Due			5.80%
Financing Receivable, Recorded Investment, Past Due	60,531,118	62,376,418		70,719,727
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Contractual basis [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		3,245,715
Financing Receivable, Originated in Current Fiscal Year		3,233,207
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year		12,508
Financing Receivable, Originated Two Years before Latest Fiscal Year		0
Financing Receivable, Originated Three Years before Latest Fiscal Year		0
Financing Receivable, Originated Four Years before Latest Fiscal Year		0
Financing Receivable, Originated Five or More Years before Latest Fiscal Year		0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Contractual basis [Member] | Tax Advance Loan
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		3,245,715
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Contractual basis [Member] | 0 to 5 months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		14,503,223
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Contractual basis [Member] | 6 to 17 months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		9,359,612
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Contractual basis [Member] | 18 to 35 months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		6,868,756
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Contractual basis [Member] | 36 to 59 months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		5,104,754
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Contractual basis [Member] | 60+ Months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		23,294,358
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Recency Basis
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Deferred Income			$ (11,008,111)
Loans and Leases Receivable, Net of Deferred Income		31,958,191
Financing Receivable, Percent Past Due			4.00%
Financing Receivable, Recorded Investment, Past Due		42,966,302
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Recency Basis | Tax Advance Loan
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		3,210,826
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Recency Basis | 0 to 5 months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		12,176,678
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Recency Basis | 6 to 17 months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		6,611,601
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Recency Basis | 18 to 35 months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		4,521,542
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Recency Basis | 36 to 59 months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		3,001,282
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Recency Basis | 60+ Months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		13,444,373
Total Past Due | Contractual basis [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Deferred Income			$ (29,152,044)
Loans and Leases Receivable, Net of Deferred Income		84,632,738
Financing Receivable, Recorded Investment, Past Due		113,784,782
Total Past Due | Contractual basis [Member] | Tax Advance Loan
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		3,761,161
Total Past Due | Contractual basis [Member] | 0 to 5 months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		22,700,281
Total Past Due | Contractual basis [Member] | 6 to 17 months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		17,263,452
Total Past Due | Contractual basis [Member] | 18 to 35 months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		13,887,120
Total Past Due | Contractual basis [Member] | 36 to 59 months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		10,181,586
Total Past Due | Contractual basis [Member] | 60+ Months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		45,991,182
Total Past Due | Recency Basis
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Deferred Income			(22,748,943)
Loans and Leases Receivable, Net of Deferred Income		66,043,577
Financing Receivable, Recorded Investment, Past Due		88,792,520
Total Past Due | Recency Basis | Tax Advance Loan
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		3,707,128
Total Past Due | Recency Basis | 0 to 5 months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		20,382,094
Total Past Due | Recency Basis | 6 to 17 months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		14,141,845
Total Past Due | Recency Basis | 18 to 35 months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		10,805,168
Total Past Due | Recency Basis | 36 to 59 months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		7,545,974
Total Past Due | Recency Basis | 60+ Months
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Recorded Investment, Past Due		32,210,311
Consumer loans- non-bankrupt accounts [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross	1,216,089,192			1,203,552,152
Consumer loans- bankrupt accounts [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross	6,607,053			6,319,214
Performing Financing Receivable [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross	1,133,978,402	978,814,700		1,104,130,714
Financing Receivable, Originated in Current Fiscal Year		933,050,195
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year		43,678,473
Financing Receivable, Originated Two Years before Latest Fiscal Year		1,953,256
Financing Receivable, Originated Three Years before Latest Fiscal Year		116,013
Financing Receivable, Originated Four Years before Latest Fiscal Year		12,122
Financing Receivable, Originated Five or More Years before Latest Fiscal Year		4,641
Performing Financing Receivable [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		270,084
Financing Receivable, Originated in Current Fiscal Year		268,494
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year		1,590
Financing Receivable, Originated Two Years before Latest Fiscal Year		0
Financing Receivable, Originated Three Years before Latest Fiscal Year		0
Financing Receivable, Originated Four Years before Latest Fiscal Year		0
Financing Receivable, Originated Five or More Years before Latest Fiscal Year		0
Performing Financing Receivable [Member] | Contractual basis [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		954,092,522
Financing Receivable, Originated in Current Fiscal Year		914,577,115
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year		37,828,421
Financing Receivable, Originated Two Years before Latest Fiscal Year		1,430,757
Financing Receivable, Originated Three Years before Latest Fiscal Year		36,609
Financing Receivable, Originated Four Years before Latest Fiscal Year		3,569
Financing Receivable, Originated Five or More Years before Latest Fiscal Year		0
Loans and Leases Receivable, Deferred Income			(244,441,714)
Loans and Leases Receivable, Net of Deferred Income		709,650,808
Performing Financing Receivable [Member] | Contractual basis [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Originated in Current Fiscal Year		216,051
Financing Receivable, Originated in Fiscal Year before Latest Fiscal Year		0
Financing Receivable, Originated Two Years before Latest Fiscal Year		0
Financing Receivable, Originated Three Years before Latest Fiscal Year		0
Financing Receivable, Originated Four Years before Latest Fiscal Year		0
Financing Receivable, Originated Five or More Years before Latest Fiscal Year		0
Performing Financing Receivable [Member] | Contractual basis [Member] | Consumer Loan
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		953,876,471
Performing Financing Receivable [Member] | Contractual basis [Member] | Tax Advance Loan
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		216,051
Performing Financing Receivable [Member] | Contractual basis [Member] | 0 to 5 months
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		61,052,078
Performing Financing Receivable [Member] | Contractual basis [Member] | 6 to 17 months
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		119,558,962
Performing Financing Receivable [Member] | Contractual basis [Member] | 18 to 35 months
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		131,531,720
Performing Financing Receivable [Member] | Contractual basis [Member] | 36 to 59 months
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		105,431,039
Performing Financing Receivable [Member] | Contractual basis [Member] | 60+ Months
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		536,302,672
Performing Financing Receivable [Member] | Recency Basis
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		979,084,784
Loans and Leases Receivable, Deferred Income			$ (250,844,815)
Loans and Leases Receivable, Net of Deferred Income		728,239,969
Performing Financing Receivable [Member] | Recency Basis | Tax Advance Loan
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		270,084
Performing Financing Receivable [Member] | Recency Basis | 0 to 5 months
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		63,370,265
Performing Financing Receivable [Member] | Recency Basis | 6 to 17 months
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		122,680,569
Performing Financing Receivable [Member] | Recency Basis | 18 to 35 months
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		134,613,672
Performing Financing Receivable [Member] | Recency Basis | 36 to 59 months
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		108,066,651
Performing Financing Receivable [Member] | Recency Basis | 60+ Months
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross		$ 550,083,543
Nonperforming Financial Instruments [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Nonperforming, Nonaccrual of Interest	88,717,843			105,740,652
New borrower [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross	147,365,635
New borrower [Member] | New borrower [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross				124,800,193
Former borrower [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross	133,566,583
Former borrower [Member] | Former borrower [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross				127,108,125
Refinance [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross	920,783,881
Refinance [Member] | Refinance [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross				935,448,882
Delinquent refinance [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross	$ 20,980,146
Delinquent refinance [Member] | Delinquent refinance [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross				$ 22,514,166

ALLOWANCE FOR LOAN LOSSES (Summ

ALLOWANCE FOR LOAN LOSSES (Summary of Past Due Receivables) (Details) - USD ($)	Mar. 31, 2021	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2019	Mar. 31, 2019
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans and Leases Receivable, Allowance		$ (112,686,597)	$ (96,487,856)	$ (87,353,087)	$ (81,519,624)
Financing Receivable, Bankruptcy			5,165,752	4,898,870
Financing Receivable, Recorded Investment, Past Due			$ 127,327,689	$ 114,638,158
Financing Receivable, Percent Past Due			10.50%	9.40%
Financing Receivables, Delinquent, excluding bankruptcy			$ 70,719,727	$ 60,531,119
Financing Receivables Less Than Ninety One Days Delinquent Excluding Bankruptcy			1,133,985,887	1,157,266,256
Loans and Leases Receivable, Gross	$ 1,067,877,304	1,067,877,304	1,209,871,366	1,222,696,245
Financing Receivable Individually Evaluated for Impairment Unearned Interest and Fees			308,980,724	320,728,557
Loans and Leases Receivable, Net of Deferred Income			900,890,642	901,967,688
Loans and Leases Receivable, Net Amount		681,596,949	804,402,786	814,614,601
Loans and Leases Receivable, Deferred Income		$ 273,593,758	308,980,724
Tax Advance Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans and Leases Receivable, Gross	3,977,212
Performing Financing Receivable [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans and Leases Receivable, Gross	978,814,700		1,104,130,714	1,133,978,402
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due			48,206,910	45,096,798
Loans and Leases Receivable, Gross	28,221,097
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due			28,450,942	25,365,096
Loans and Leases Receivable, Gross	17,108,818
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due			50,669,837	44,176,264
Loans and Leases Receivable, Gross	39,755,477
Contractual basis [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due			$ 154,877,754	$ 135,456,015
Financing Receivable, Percent Past Due				11.10%
Contractual basis [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Percent Past Due		10.70%	12.80%
Loans and Leases Receivable, Gross	1,067,877,304
Loans and Leases Receivable, Net of Deferred Income	794,283,546
Loans and Leases Receivable, Deferred Income		$ (273,593,758)
Contractual basis [Member] | Tax Advance Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans and Leases Receivable, Gross	3,977,212
Contractual basis [Member] | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans and Leases Receivable, Gross	83,752,359
Contractual basis [Member] | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans and Leases Receivable, Gross	136,822,414
Contractual basis [Member] | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans and Leases Receivable, Gross	145,418,840
Contractual basis [Member] | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans and Leases Receivable, Gross	115,612,625
Contractual basis [Member] | 60+ Months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans and Leases Receivable, Gross	582,293,854
Contractual basis [Member] | Performing Financing Receivable [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans and Leases Receivable, Gross	954,092,522
Loans and Leases Receivable, Net of Deferred Income	709,650,808
Loans and Leases Receivable, Deferred Income		$ (244,441,714)
Contractual basis [Member] | Performing Financing Receivable [Member] | Tax Advance Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans and Leases Receivable, Gross	216,051
Contractual basis [Member] | Performing Financing Receivable [Member] | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans and Leases Receivable, Gross	61,052,078
Contractual basis [Member] | Performing Financing Receivable [Member] | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans and Leases Receivable, Gross	119,558,962
Contractual basis [Member] | Performing Financing Receivable [Member] | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans and Leases Receivable, Gross	131,531,720
Contractual basis [Member] | Performing Financing Receivable [Member] | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans and Leases Receivable, Gross	105,431,039
Contractual basis [Member] | Performing Financing Receivable [Member] | 60+ Months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans and Leases Receivable, Gross	536,302,672
Contractual basis [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	29,534,954		$ 49,137,102	$ 46,738,172
Financing Receivable, Percent Past Due		2.80%
Loans and Leases Receivable, Gross	29,364,516
Loans and Leases Receivable, Net of Deferred Income	21,967,999
Loans and Leases Receivable, Deferred Income		$ (7,566,955)
Contractual basis [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | Tax Advance Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	170,438
Contractual basis [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	4,137,299
Contractual basis [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	4,554,409
Contractual basis [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	3,981,247
Contractual basis [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	2,984,422
Contractual basis [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | 60+ Months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	13,707,139
Contractual basis [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	21,873,410		35,020,925	28,186,725
Financing Receivable, Percent Past Due		2.00%
Loans and Leases Receivable, Gross	21,528,402
Loans and Leases Receivable, Net of Deferred Income	16,269,369
Loans and Leases Receivable, Deferred Income		$ (5,604,041)
Contractual basis [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | Tax Advance Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	345,008
Contractual basis [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	4,059,759
Contractual basis [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	3,349,431
Contractual basis [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	3,037,117
Contractual basis [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	2,092,410
Contractual basis [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | 60+ Months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	8,989,685
Contractual basis [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	62,376,418		$ 70,719,727	$ 60,531,118
Financing Receivable, Percent Past Due		5.80%
Loans and Leases Receivable, Gross	59,130,703
Loans and Leases Receivable, Net of Deferred Income	46,395,370
Loans and Leases Receivable, Deferred Income		$ (15,981,048)
Contractual basis [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Tax Advance Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	3,245,715
Contractual basis [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	14,503,223
Contractual basis [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	9,359,612
Contractual basis [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	6,868,756
Contractual basis [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	5,104,754
Contractual basis [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | 60+ Months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	23,294,358
Contractual basis [Member] | Total Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	113,784,782
Loans and Leases Receivable, Net of Deferred Income	84,632,738
Loans and Leases Receivable, Deferred Income		$ (29,152,044)
Contractual basis [Member] | Total Past Due | Tax Advance Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	3,761,161
Contractual basis [Member] | Total Past Due | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	22,700,281
Contractual basis [Member] | Total Past Due | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	17,263,452
Contractual basis [Member] | Total Past Due | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	13,887,120
Contractual basis [Member] | Total Past Due | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	10,181,586
Contractual basis [Member] | Total Past Due | 60+ Months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	45,991,182
Recency Basis
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Percent Past Due		8.30%
Loans and Leases Receivable, Gross	1,067,877,304
Loans and Leases Receivable, Net of Deferred Income	794,283,546
Loans and Leases Receivable, Deferred Income		$ (273,593,758)
Recency Basis | Tax Advance Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans and Leases Receivable, Gross	3,977,212
Recency Basis | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans and Leases Receivable, Gross	83,752,359
Recency Basis | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans and Leases Receivable, Gross	136,822,414
Recency Basis | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans and Leases Receivable, Gross	145,418,840
Recency Basis | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans and Leases Receivable, Gross	115,612,625
Recency Basis | 60+ Months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans and Leases Receivable, Gross	582,293,854
Recency Basis | Performing Financing Receivable [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans and Leases Receivable, Gross	979,084,784
Loans and Leases Receivable, Net of Deferred Income	728,239,969
Loans and Leases Receivable, Deferred Income		$ (250,844,815)
Recency Basis | Performing Financing Receivable [Member] | Tax Advance Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans and Leases Receivable, Gross	270,084
Recency Basis | Performing Financing Receivable [Member] | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans and Leases Receivable, Gross	63,370,265
Recency Basis | Performing Financing Receivable [Member] | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans and Leases Receivable, Gross	122,680,569
Recency Basis | Performing Financing Receivable [Member] | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans and Leases Receivable, Gross	134,613,672
Recency Basis | Performing Financing Receivable [Member] | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans and Leases Receivable, Gross	108,066,651
Recency Basis | Performing Financing Receivable [Member] | 60+ Months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans and Leases Receivable, Gross	550,083,543
Recency Basis | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	28,419,984
Financing Receivable, Percent Past Due		2.70%
Loans and Leases Receivable, Net of Deferred Income	21,138,688
Loans and Leases Receivable, Deferred Income		$ (7,281,296)
Recency Basis | Financing Receivables, 30 to 59 Days Past Due [Member] | Tax Advance Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	198,886
Recency Basis | Financing Receivables, 30 to 59 Days Past Due [Member] | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	4,360,386
Loans and Leases Receivable, Gross	83,752,362
Recency Basis | Financing Receivables, 30 to 59 Days Past Due [Member] | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	4,625,080
Loans and Leases Receivable, Gross	136,822,413
Recency Basis | Financing Receivables, 30 to 59 Days Past Due [Member] | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	3,848,147
Loans and Leases Receivable, Gross	145,418,840
Recency Basis | Financing Receivables, 30 to 59 Days Past Due [Member] | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	2,977,401
Loans and Leases Receivable, Gross	115,612,624
Recency Basis | Financing Receivables, 30 to 59 Days Past Due [Member] | 60+ Months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	12,410,084
Loans and Leases Receivable, Gross	582,293,853
Recency Basis | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	17,406,234
Financing Receivable, Percent Past Due		1.60%
Loans and Leases Receivable, Net of Deferred Income	12,946,698
Loans and Leases Receivable, Deferred Income		$ (4,459,536)
Recency Basis | Financing Receivables, 60 to 89 Days Past Due [Member] | Tax Advance Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	297,416
Recency Basis | Financing Receivables, 60 to 89 Days Past Due [Member] | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	3,845,030
Recency Basis | Financing Receivables, 60 to 89 Days Past Due [Member] | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	2,905,164
Recency Basis | Financing Receivables, 60 to 89 Days Past Due [Member] | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	2,435,479
Recency Basis | Financing Receivables, 60 to 89 Days Past Due [Member] | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	1,567,291
Recency Basis | Financing Receivables, 60 to 89 Days Past Due [Member] | 60+ Months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	6,355,854
Recency Basis | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	42,966,302
Financing Receivable, Percent Past Due		4.00%
Loans and Leases Receivable, Net of Deferred Income	31,958,191
Loans and Leases Receivable, Deferred Income		$ (11,008,111)
Recency Basis | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Tax Advance Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	3,210,826
Recency Basis | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	12,176,678
Recency Basis | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	6,611,601
Recency Basis | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	4,521,542
Recency Basis | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	3,001,282
Recency Basis | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | 60+ Months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	13,444,373
Recency Basis | Total Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	88,792,520
Loans and Leases Receivable, Net of Deferred Income	66,043,577
Loans and Leases Receivable, Deferred Income		$ (22,748,943)
Recency Basis | Total Past Due | Tax Advance Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	3,707,128
Recency Basis | Total Past Due | 0 to 5 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	20,382,094
Recency Basis | Total Past Due | 6 to 17 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	14,141,845
Recency Basis | Total Past Due | 18 to 35 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	10,805,168
Recency Basis | Total Past Due | 36 to 59 months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	7,545,974
Recency Basis | Total Past Due | 60+ Months
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable, Recorded Investment, Past Due	$ 32,210,311

ALLOWANCE FOR LOAN LOSSES Nonac

ALLOWANCE FOR LOAN LOSSES Nonaccrual (Details) - USD ($)	3 Months Ended
	Jun. 30, 2020	Mar. 31, 2020
Financing Receivable, Nonaccrual [Line Items]
Financing Receivable, Nonaccrual	$ 66,998,290	$ 83,126,604
Financing Receivable, Nonaccrual, Interest Income	4,687,786
Financing Receivable, Nonaccrual, No Allowance	0
Nonaccrual status
Financing Receivable, Nonaccrual [Line Items]
Financing Receivable, Deferred Income	(23,077,796)	(28,510,140)
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Nonaccrual [Line Items]
Financing Receivable, Nonaccrual	0
Tax Advance Loan
Financing Receivable, Nonaccrual [Line Items]
Financing Receivable, Nonaccrual	3,678,896	41,573
Financing Receivable, Nonaccrual, Interest Income	0
Financing Receivable, Nonaccrual, No Allowance	0
Tax Advance Loan | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Nonaccrual [Line Items]
Financing Receivable, Nonaccrual	0
0 to 5 months
Financing Receivable, Nonaccrual [Line Items]
Financing Receivable, Nonaccrual	19,210,705	26,040,593
Financing Receivable, Nonaccrual, Interest Income	685,262
Financing Receivable, Nonaccrual, No Allowance	0
0 to 5 months | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Nonaccrual [Line Items]
Financing Receivable, Nonaccrual	0
6 to 17 months
Financing Receivable, Nonaccrual [Line Items]
Financing Receivable, Nonaccrual	13,445,952	17,466,450
Financing Receivable, Nonaccrual, Interest Income	756,414
Financing Receivable, Nonaccrual, No Allowance	0
6 to 17 months | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Nonaccrual [Line Items]
Financing Receivable, Nonaccrual	0
18 to 35 months
Financing Receivable, Nonaccrual [Line Items]
Financing Receivable, Nonaccrual	10,647,059	13,723,295
Financing Receivable, Nonaccrual, Interest Income	630,127
Financing Receivable, Nonaccrual, No Allowance	0
18 to 35 months | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Nonaccrual [Line Items]
Financing Receivable, Nonaccrual	0
36 to 59 months
Financing Receivable, Nonaccrual [Line Items]
Financing Receivable, Nonaccrual	7,816,047	10,071,288
Financing Receivable, Nonaccrual, Interest Income	488,763
Financing Receivable, Nonaccrual, No Allowance	0
36 to 59 months | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Nonaccrual [Line Items]
Financing Receivable, Nonaccrual	0
60+ Months
Financing Receivable, Nonaccrual [Line Items]
Financing Receivable, Nonaccrual	35,277,427	$ 44,293,545
Financing Receivable, Nonaccrual, Interest Income	2,127,220
Financing Receivable, Nonaccrual, No Allowance	0
60+ Months | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Nonaccrual [Line Items]
Financing Receivable, Nonaccrual	$ 0

ALLOWANCE FOR LOAN LOSSES (Deta

ALLOWANCE FOR LOAN LOSSES (Details) - USD ($)	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Mar. 31, 2020	Mar. 31, 2019
Receivables [Abstract]
Loans and Leases Receivable, Allowance	$ 112,686,597	$ 87,353,087	$ 96,487,856	$ 81,519,624
Provision for loan losses	25,660,660	41,291,071
Allowance for Loan and Lease Losses, Write-offs	(43,831,942)	(39,523,987)
Recoveries	5,741,654	4,066,379
Allowance for Loan and Lease Losses Write-offs, Net	(38,090,288)	$ (35,457,608)
Cumulative Effect of New Accounting Principle in Period of Adoption	$ (21,242,249)

AVERAGE SHARE INFORMATION (Deta

AVERAGE SHARE INFORMATION (Details) - USD ($)	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Basic:
Weighted average common shares outstanding (in shares)	6,867,457	8,507,121
Diluted:
Weighted average common shares outstanding (in shares)	6,867,457	8,507,121
Dilutive potential common shares stock options (in shares)	60,664	359,129
Weighted average diluted shares outstanding (in shares)	6,928,121	8,866,250
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	642,011	683,442
Net Income (Loss) Attributable to Parent	$ 15,509,649	$ 8,608,399
Earnings Per Share, Basic	$ 2.26	$ 1.01
Earnings Per Share, Diluted	$ 2.24	$ 0.97

STOCK-BASED COMPENSATION (Detai

STOCK-BASED COMPENSATION (Details) - USD ($)	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Document Fiscal Year Focus	2021
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	642,011	683,442
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate	0.00%	0.00%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate	55.10%	49.74%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate	0.43%	2.22%
Stock Option Plans [Abstract]
Number of shares available for grant (in shares)	215,674
Weighted-average fair value at the grant date	$ 30.39	$ 68.63
Options Activity [Roll Forward]
Exercised (in shares)	0	(39,766)
Restricted Stock [Abstract]
Grant date fair value (in dollars per share)	$ 101.61	$ 90.23
Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Grant date fair value (in dollars per share)	$ 101.61	$ 90.23
Compensation related to stock option and restricted stock plans	$ 4,583,600	$ 8,312,209
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term	6 years 2 months 12 days	6 years 7 months 6 days
Stock Options Plans [Member]
Stock Option Plans [Abstract]
Shares of authorized common stock reserved for issuance (in shares)	4,350,000
Options Activity [Roll Forward]
Options outstanding, beginning of year (in shares)	646,728
Granted (in shares)	300
Exercised (in shares)	0
Forfeited (in shares)	(5,940)
Expired (in shares)	(300)
Options outstanding, end of period (in shares)	640,788
Options exercisable, end of period (in shares)	324,369
Weighted Average Exercise Price [Roll Forward]
Options outstanding, beginning of year (in dollars per share)	$ 88.30
Granted (in dollars per share)	59.02
Exercised (in dollars per share)	0
Forfeited (in dollars per share)	100.79
Expired (in dollars per share)	76.51
Options outstanding, end of period (in dollars per share)	88.17
Options exercisable, end of period (in dollars per share)	$ 75.19
Stock Option Activity Additional Disclosures [Abstract]
Weighted-average remaining contractual term, Options outstanding, end of period	6 years 2 months 12 days
Weighted-average remaining contractual terms, Options exercisable, end of period	4 years 2 months 12 days
Aggregate intrinsic value, Options outstanding, end of period	$ 1,020,150
Aggregate intrinsic value, Options exercisable, end of period	1,018,200
Intrinsic value of options exercised	0	$ 2,835,328
Compensation Cost Not yet Recognized [Abstract]
Total unrecognized stock-based compensation expense related to non-vested stock options	$ 9,600,000
Weighted average period for recognition	4 years
Schedule of vesting of restricted shares on basis of compounded annual EPS growth [Abstract]
Weighted average period for recognition	4 years
Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Compensation related to stock option and restricted stock plans	$ 1,046,735	$ 1,621,338
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Issued During Period, Shares, Share-based Compensation, Gross	760,420	11,223
Restricted Stock [Abstract]
Grant date fair value (in dollars per share)	$ 59.02
Schedule of vesting of restricted shares on basis of compounded annual EPS growth [Abstract]
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Share-based Awards Other than Options	$ 36,900,000
Summary of the status and changes in restricted stock [Roll Forward]
Outstanding at Beginning of Year (in shares)	705,254
Awards granted (in shares)	2,055
Vested during the period, net of cancellations (in shares)	(6,271)
Stock Issued During Period, Shares, Restricted Stock Award, Forfeited	(30,000)
Outstanding at End of Period (in shares)	671,038
Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Outstanding at March 31, 2012 (in dollars per share)	$ 101.47
Grant date fair value (in dollars per share)	59.02
Vested during the period, net of cancellations (in dollars per share)	108.87
Cancelled during the period (in dollars per share)	100.79
Outstanding at June 30, 2012 (in dollars per share)	$ 101.30
Compensation related to stock option and restricted stock plans	$ 3,536,865	$ 6,690,870
Equity Securities [Member]
Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Compensation related to stock option and restricted stock plans	$ 4,583,600	$ 8,312,208
Performance Shares [Member]
Compensation Cost Not yet Recognized [Abstract]
Weighted average period for recognition	3 years 2 months 12 days
Schedule of vesting of restricted shares on basis of compounded annual EPS growth [Abstract]
Weighted average period for recognition	3 years 2 months 12 days
Maximum [Member] | Stock Options Plans [Member]
Stock Option Plans [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period	10 years
Vesting period	5 years
Minimum [Member] | Stock Options Plans [Member]
Stock Option Plans [Abstract]
Vesting period	3 years

STOCK-BASED COMPENSATION Perfor

STOCK-BASED COMPENSATION Performance targets (Details)	3 Months Ended
	Jun. 30, 2020USD ($)
Target 1 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Performance Target, Earnings Per Share Target	$ 16.35
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Performance Target, Vesting Percentage	40.00%
Target 2 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Performance Target, Earnings Per Share Target	$ 20.45
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Performance Target, Vesting Percentage	60.00%
Target 2 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Performance Target, Earnings Per Share Target	$ 25.30
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Performance Target, Vesting Percentage	100.00%

ACQUISITIONS (Details)

ACQUISITIONS (Details)	3 Months Ended
	Jun. 30, 2020USD ($)acquisition	Jun. 30, 2019USD ($)acquisition
Business Acquisition [Line Items]
Number of offices purchased | acquisition	0	21
Number Of Offices Purchased and Merged into Existing Offices | acquisition	13	94
Total acquisitions | acquisition	13	115
Business Combination, Acquired Receivable, Fair Value	$ 4,776,558	$ 30,726,192
Intangible Assets, Net (Including Goodwill)	985,354	9,468,683
Furniture, fixtures & equipment	0	69,000
Total tangible assets	4,776,558	30,795,192
Finite-Lived Customer Lists, Gross	915,354	8,689,024
Finite-Lived Noncompete Agreements, Gross	70,000	575,000
Goodwill, Fair Value Disclosure	$ 0	204,659
Loans and Leases Receivable, Average Loan Period	8 months
Series of Individually Immaterial Business Acquisitions [Member]
Business Acquisition [Line Items]
Purchase Price	$ 5,761,912	$ 40,263,875

DEBT (Details)

DEBT (Details) - USD ($)	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Mar. 31, 2020
Line of Credit Facility [Line Items]
Letters of Credit Outstanding, Amount	$ 300,000
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	0.50%
Debt Instrument, Interest Rate, Effective Percentage	5.60%		5.80%
Debt Instrument, Unused Borrowing Capacity, Fee	$ 400,000	$ 300,000
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Maximum borrowing capacity	685,000,000
Amount outstanding	$ 352,200,000
Reference rate	LIBOR
Unused amount available	$ 212,800,000
Expiration date	Jun. 7, 2022
Minimum [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	3.00%
Maximum [Member]
Line of Credit Facility [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	4.00%

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($)	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Mar. 31, 2020
Income Tax Contingency [Line Items]
Total gross unrecognized tax benefits including interest	$ 5,900,000		$ 5,800,000
Unrecognized tax benefits that are permanent in nature and, if recognized, would affect the annual effective tax rate	5,300,000		$ 5,200,000
Gross unrecognized tax benefits expected to be resolved during the next 12 months through settlements with taxing authorities or the expiration of the statute of limitations	2,900,000
Accrued gross interest	1,500,000
Current period gross interest expense	$ 77,200
Effective Income Tax Rate Reconciliation, Percent	26.30%	21.50%

Leases (Details)

Leases (Details) - USD ($)	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Mar. 31, 2020
Lessee, Lease, Description [Line Items]
Operating Lease, Right-of-Use Asset	$ 96,579,022		$ 101,686,918
Debt Instrument, Interest Rate, Effective Percentage	5.60%		5.80%
Operating Lease, Payments	$ 6,936,849	$ 6,032,398
Cash Flow, Investing Activities, Lessee [Abstract]
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$ 4,123,442	$ 17,493,249
Operating Lease, Weighted Average Remaining Lease Term	7 years 2 months 12 days	5 years 2 months 12 days
Operating Lease, Weighted Average Discount Rate, Percent	6.60%	6.70%
Document Fiscal Year Focus	2021
Lessee, Operating Lease, Liability, Payments, Due	$ 125,460,986
Lessee, Operating Lease, Liability, Undiscounted Excess Amount	27,845,340
Operating Lease, Liability	97,615,646		$ 102,759,386
Operating Lease, Cost	7,069,662	$ 6,230,579
Variable Lease, Cost	879,650	804,607
Lease, Cost	7,951,112	7,035,186
Short-term Lease, Cost	$ 1,800	$ 0
Minimum [Member]
Cash Flow, Investing Activities, Lessee [Abstract]
Lessee, Finance Lease, Term of Contract	3 years
Maximum [Member]
Cash Flow, Investing Activities, Lessee [Abstract]
Lessee, Finance Lease, Term of Contract	5 years

Leases Operating lease future m

Leases Operating lease future maturities (Details)	Jun. 30, 2020USD ($)
Lessee, Lease, Description [Line Items]
Finance Lease, Liability, Payments, Due Next Twelve Months	$ 19,920,292
Operating Leases, Future Minimum Payments, Due in Two Years	23,646,592
Finance Lease, Liability, Payments, Due Year Two	19,363,738
Lessee, Operating Lease, Liability, Payments, Due Year Three	15,435,761
Lessee, Operating Lease, Liability, Payments, Due Year Four	11,176,842
Finance Lease, Liability, Payments, Due Year Five	7,578,950
Operating Leases, Future Minimum Payments, Due Thereafter	$ 28,338,811

Discontinued Operations and D_3

Discontinued Operations and Disposal Groups (Details)	Jun. 30, 2020USD ($)
Discontinued Operations and Disposal Groups [Abstract]
Assets Held-for-sale, Not Part of Disposal Group, Other	$ 3,991,498