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NOTE 19 INTEREST EXPENSE | 6 Months Ended
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Jun. 30, 2013
Interest Expense [Abstract] |
INTEREST EXPENSE |
| NOTE 19 | INTEREST EXPENSE
The following table presents the components of interest expense for the periods ended June 30:
|  | Three Months |  |  | Six Months |
|  | 2013 |  |  | 2012 |  |  | 2013 |  |  | 2012 |
Match funded liabilities |  | $ | 25,078 |  |  | $ | 35,920 |  |  | $ | 55,429 |  |  | $ | 67,035 |
Other borrowings (1) |  |  | 72,180 |  |  |  | 21,060 |  |  |  | 132,703 |  |  |  | 35,283 |
Debt securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
3.25% Convertible Notes |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 153 |
10.875% Capital Trust Securities |  |  | — |  |  |  | 710 |  |  |  | — |  |  |  | 1,420 |
Other |  |  | 2,610 |  |  |  | 629 |  |  |  | 5,152 |  |  |  | 1,352 |
|  | $ | 99,868 |  |  | $ | 58,319 |  |  | $ | 193,284 |  |  | $ | 105,243 |
| (1) | Includes interest expense of $49.9 million and $10.6 million for the three months ended June 30, 2013 and 2012, respectively, and $94.4 million and $13.5 million for the six months ended June 30, 2013 and 2012, respectively, related to financing liabilities recorded in connection with the HLSS Transactions. See Note 3 – Transfers of Financial Assets and Note 15 – Other Borrowings for additional information.

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- Definition The disclosure of the cost of all borrowed funds accounted for as interest expense that was charged against earnings during the period, by category of interest-bearing liabilities. + References No definition available. + Details
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