XML 50 R34.htm IDEA: XBRL DOCUMENT v3.8.0.1
Match Funded Advances (Tables)
 9 Months Ended
Sep. 30, 2017
Transfers and Servicing [Abstract]  
Schedule of Match Funded Assets
Match funded assets are comprised of the following at the dates indicated:
 
September 30, 2017
 
December 31, 2016
Advances:
 
 
 
Principal and interest
$
574,175

 
$
711,272

Taxes and insurance
445,692

 
530,946

Foreclosures, bankruptcy, real estate and other
187,996

 
209,746

 
1,207,863

 
1,451,964

Automotive dealer financing notes (1)
36,036

 
—

 
$
1,243,899

 
$
1,451,964


(1)
In 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:
Nine months ended September 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
)
 
—

 
(7,757
)
New advances/notes (Collections of pledged assets), net
(243,410
)
 
10,856

 
(164,689
)
Ending balance
$
1,207,863

 
$
36,036

 
$
1,534,322