XML 21 R11.htm IDEA: XBRL DOCUMENT v3.5.0.2
5. Interest Income and Interest Expense
 9 Months Ended
Sep. 30, 2016
Interest Income And Interest Expense  
Interest Income and Interest Expense

The following table presents the components of interest income:

 

   Three Months Ended   Nine Months Ended 
   September 30,   September 30, 
   2016   2015   2016   2015 
   (In thousands)   (In thousands) 
                 
Interest on finance receivables  $105,296   $90,564   $303,548   $257,757 
Residual interest income   –    20    –    85 
Other interest income   80    –    200    1 
Interest income  $105,376   $90,584   $303,748   $257,843 

 

The following table presents the components of interest expense:

 

   Three Months Ended   Nine Months Ended 
   September 30,   September 30, 
   2016   2015   2016   2015 
   (In thousands)   (In thousands) 
                 
Securitization trust debt  $18,228   $12,466   $49,867   $35,012 
Warehouse lines of credit   2,111    1,644    6,777    4,376 
Residual interest financing   227    338    744    1,111 
Subordinated renewable notes   327    400    1,054    1,210 
Interest expense  $20,893   $14,848   $58,442   $41,709