XML 45 R30.htm IDEA: XBRL DOCUMENT
v2.4.1.9

7. Debt (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2014
Debt Disclosure [Abstract] |
Debt Outstanding |
|  |  |  |  |  | Amount Outstanding at |
|  |  |  |  |  | December 31, |  |  | 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 |  | $ | 23,581 |  |  | $ | 9,452 |
|  | 5.50% over one month Libor (Minimum 6.25%) |  | August 2017 |  |  | 33,258 |  |  |  | – |
Residual interest financing |  | 11.75% over one month Libor |  | April 2018 |  |  | 12,327 |  |  |  | 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. Final residual payment was made in January 2015. |  |  | 1,250 |  |  |  | 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 10.7% and 12.5% at December 31, 2014 and 2013, respectively |  | Weighted average maturity of October 2016 and July 2015 at December 31, 2014 and 2013, respectively |  |  | 15,233 |  |  |  | 19,142 |
|  |  |  |  |  | $ | 85,649 |  |  | $ | 99,366 |
Contractual and expected maturity amounts of debt |
Contractual maturity date |  | Residual interest financing (1) |  |  | Subordinated renewable notes |  |  | Total |
|  | (In thousands) |
2015 |  | $ | 2,188 |  |  | $ | 8,171 |  |  | $ | 10,359 |
2016 |  |  | 1,473 |  |  |  | 3,833 |  |  |  | 5,306 |
2017 |  |  | 3,159 |  |  |  | 1,142 |  |  |  | 4,301 |
2018 |  |  | 5,507 |  |  |  | 610 |  |  |  | 6,117 |
2019 |  |  | – |  |  |  | 49 |  |  |  | 49 |
Thereafter |  |  | – |  |  |  | 1,428 |  |  |  | 1,428 |
Total |  | $ | 12,327 |  |  | $ | 15,233 |  |  | $ | 27,560 |

X
- Definition Contractual and expected maturity amounts of debt table text block + References No definition available. + Details
Name: | cpss_ContractualAndExpectedMaturityAmountsOfDebtTableTextBlock
Namespace Prefix: | cpss_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration