XML 55 R21.htm IDEA: XBRL DOCUMENT v3.3.0.814
4. Debt (Tables)
9 Months Ended
Sep. 30, 2015
Debt Disclosure [Abstract]  
Debt Outstanding

 

         Amount Outstanding at 
         September 30,   December 31, 
         2015   2014 
         (In thousands) 
Description  Interest Rate  Maturity          
                 
Warehouse lines of credit  5.50% over one month Libor (Minimum 6.50%)  April 2019  $20,798   $23,581 
                 
   5.50% over one month Libor (Minimum 6.25%)  August 2017   26,136    33,258 
                 
Residual interest financing  11.75% over one month Libor  April 2018   10,572    12,327 
                 
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, while final residual payment was made in January 2015       1,250 
                 
Subordinated renewable notes  Weighted average rate of 9.45% and 10.7% at September 30, 2015 and December 31, 2014 , respectively  Weighted average maturity of  March 2017 and October 2016 at September 30, 2015 and December 31, 2014, respectively   15,192    15,233 
                 
         $72,698   $85,649