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5. Debt (Tables) | 9 Months Ended
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Sep. 30, 2014
Debt Disclosure [Abstract] |
Debt Outstanding |
|  |  |  |  |  | Amount Outstanding at |
|  |  |  |  |  | September 30, |  |  | December 31, |
|  |  |  |  |  | 2014 |  |  | 2013 |
|  |  |  |  |  | (In thousands) |
Description |  | Interest Rate |  | Maturity |  |  |  |  |  |
Warehouse lines of credit |  | 5.73% over one month Libor (Minimum 6.73%) |  | March 2017 |  | $ | 27,545 |  |  | $ | 9,452 |
|  | 5.50% over one month Libor (Minimum 6.25%) |  | August 2017 |  |  | 31,897 |  |  |  | – |
Residual interest financing |  | 11.75% over one month Libor |  | April 2018 |  |  | 12,767 |  |  |  | 19,096 |
Debt secured by receivables measured at fair value |  | n/a |  | Repayment is based on payments from underlying receivables. Final payment of the 8.00% loan was made in September 2013, with residual payments extending through 2016 |  |  | 3,170 |  |  |  | 13,117 |
Senior secured debt, related party |  | 13.00% |  | n/a |  |  | – |  |  |  | 37,128 |
|  | 5.00% |  | n/a |  |  | – |  |  |  | 1,431 |
Subordinated renewable notes |  | Weighted average rate of 10.8% and 12.5% at September 30, 2014 and December 31, 2013, respectively |  | Weighted average maturity of May 2016 and July 2015 at September 30, 2014 and December 31, 2013, respectively |  |  | 15,493 |  |  |  | 19,142 |
|  |  |  |  |  | $ | 90,872 |  |  | $ | 99,366 |

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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