XML 61 R50.htm IDEA: XBRL DOCUMENT v3.5.0.2
Notes Payable Schedule of structured financing notes at face value (Details) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Sep. 30, 2016
Dec. 31, 2015
Notes Payable, at Face Value [Abstract]      
Notes Payable, Related Parties $ 20,000   $ 20,000
Notes Payable $ 123,600   $ 110,000
Weighted average interest rate [1] 5.10%   5.40%
Loans pledged as collateral [1] $ 45,300   $ 41,600
Expiring October 2017 [Member]      
Notes Payable, at Face Value [Abstract]      
Secured Debt [1],[2] $ 34,900   24,900
Maturity date [1] Oct. 29, 2017    
Amortizing debt facility expiring May 2016 [Member]      
Notes Payable, at Face Value [Abstract]      
Secured Debt [1],[2] $ 35,000   23,000
Maturity date [1] Jul. 14, 2017    
Expiring August 2016 2 [Member] [Member]      
Notes Payable, at Face Value [Abstract]      
Secured Debt [1],[2] $ 0   9,200
Expiring August 2016 [Member]      
Notes Payable, at Face Value [Abstract]      
Secured Debt [1],[2] $ 3,600   $ 4,000
Maturity date [1] Sep. 01, 2016    
Subsequent Event Type [Domain]      
Notes Payable, at Face Value [Abstract]      
Notes Payable, Related Parties [3]   $ 40,000  
Revolving Credit Facility [Member]      
Notes Payable, at Face Value [Abstract]      
Weighted average interest rate 4.80%   4.40%
Carrying amount of receivables as security for structured financing notes [4] $ 110,100   $ 97,400
Expiring October 2017 [Member]      
Notes Payable, at Face Value [Abstract]      
Outstanding balance [4] $ 30,100   28,900
Maturity date [4] Oct. 04, 2017    
Related Party Transaction [Domain]      
Debt Instrument [Line Items]      
Notes Payable, Related Party Max Facility Limit $ 40,000    
Notes Payable, at Face Value [Abstract]      
Notes Payable, Related Parties [3] $ 20,000   $ 20,000
Debt Instrument, Interest Rate, Effective Percentage 9.00%   9.00% [3]
Related Party Transaction, Date [2] Nov. 22, 2016    
[1] Loans are subject to certain affirmative covenants tied to default rates and other performance metrics the failure of which could result in required early repayment of the remaining unamortized balances of the notes.
[2] These notes reflect modifications to either extend the maturity date, increase the loaned amount or both.
[3] See below for additional information regarding this note.
[4] Loan is subject to certain affirmative covenants, including a coverage ratio, a leverage ratio and a collateral performance test, the failure of which could result in required early repayment of all or a portion of the outstanding balance by our CAR Auto Finance operations.