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NOTE 20 INTEREST EXPENSE | 9 Months Ended
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Sep. 30, 2013
Interest Expense [Abstract] |
INTEREST EXPENSE |
Note 20 | Interest Expense
The following table presents the components of interest expense for the periods ended September 30:
|  | Three Months |  |  | Nine Months |
|  | 2013 |  |  | 2012 |  |  | 2013 |  |  | 2012 |
Match funded liabilities |  | $ | 11,249 |  |  | $ | 32,359 |  |  | $ | 66,678 |  |  | $ | 99,394 |
Other borrowings (1) |  |  | 95,496 |  |  |  | 24,877 |  |  |  | 228,198 |  |  |  | 60,160 |
Debt securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
3.25% Convertible Notes |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 153 |
10.875% Capital Trust Securities |  |  | — |  |  |  | 473 |  |  |  | — |  |  |  | 1,894 |
Other |  |  | 3,310 |  |  |  | 708 |  |  |  | 8,463 |  |  |  | 2,059 |
|  | $ | 110,055 |  |  | $ | 58,417 |  |  | $ | 303,339 |  |  | $ | 163,660 |
| (1) | Includes interest expense of $74.2 million and $14.0 million for the three months ended September 30, 2013 and 2012, respectively, and $168.6 million and $27.6 million for the nine months ended September 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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