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Derivative And Hedging Instruments (Tables)
3 Months Ended
Mar. 31, 2014
Derivative And Hedging Instruments [Abstract]  
Schedule Of Terms Of Interest Rate Cap Agreements

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of March 31, 2014

Facility

(in millions)

 

Facility Name

 

Purpose

 

Start

 

End

 

Notional

(in millions)

 

 

Cap Interest Rate (1)

$

325.0 

 

Warehouse Facility II

 

Cap Floating Rate

 

06/2013

 

12/2014

 

$

325.0 

 

 

5.50 

%

 

75.0 

 

Warehouse Facility III

 

Cap Floating Rate

 

06/2012

 

07/2015

 

 

56.3 

 

 

5.00 

%

 

75.0 

 

Warehouse Facility IV

 

Cap Floating Rate

 

08/2011

 

09/2015

 

 

69.8 

 

 

5.50 

%

 

75.0 

 

Warehouse Facility IV

 

Cap Floating Rate

 

03/2014

 

03/2017

 

 

5.2 

 

 

5.50 

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2013

Facility

(in millions)

 

Facility Name

 

Purpose

 

Start

 

End

 

Notional

(in millions)

 

 

Cap Interest Rate (1)

$

325.0 

 

Warehouse Facility II

 

Cap Floating Rate

 

06/2013

 

12/2014

 

$

325.0 

 

 

5.50 

%

 

75.0 

 

Warehouse Facility III

 

Cap Floating Rate

 

06/2012

 

07/2015

 

 

56.3 

 

 

5.00 

%

 

75.0 

 

Warehouse Facility IV

 

Cap Floating Rate

 

08/2011

 

09/2015

 

 

75.0 

 

 

5.50 

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)

Rate excludes the spread over the LIBOR rate or the commercial paper rate, as applicable.