XML 45 R33.htm IDEA: XBRL DOCUMENT v3.7.0.1
Match Funded Advances (Tables)
 6 Months Ended
Jun. 30, 2017
Transfers and Servicing [Abstract]  
Schedule of Match Funded Assets
Match funded assets are comprised of the following at the dates indicated:
 
June 30, 2017
 
December 31, 2016
Advances:
 
 
 
Principal and interest
$
593,630

 
$
711,272

Taxes and insurance
468,102

 
530,946

Foreclosures, bankruptcy, real estate and other
197,309

 
209,746

 
1,259,041

 
1,451,964

Automotive dealer financing notes (1)
33,867

 
—

 
$
1,292,908

 
$
1,451,964


(1)
On February 24, 2017 and on March 17, 2017, we entered into loan agreements under a new automotive dealer loan financing facility to which these notes are pledged.
Schedule of Activity In Match Funded Assets
The following table summarizes the activity in match funded assets:
Six months ended June 30,
2017
 
2016
 
Advances
 
Automotive Dealer Financing Notes
 
Advances
Beginning balance
$
1,451,964

 
$
—

 
$
1,706,768

Transfer from Other assets
—

 
25,180

 
—

Sales
(691
)
 
—

 
—

New advances/notes (Collections of pledged assets), net
(192,232
)
 
8,687

 
(92,321
)
Ending balance
$
1,259,041

 
$
33,867

 
$
1,614,447