XML 42 R53.htm IDEA: XBRL DOCUMENT v2.4.0.8
Debt (Narrative) (Details) (USD $)
3 Months Ended 3 Months Ended 0 Months Ended
Mar. 31, 2014
Mar. 31, 2014
Revolving Secured Line Of Credit [Member]
Mar. 31, 2014
Warehouse Facilities [Member]
loan
Mar. 31, 2014
Warehouse Facility II [Member]
Mar. 31, 2014
Warehouse Facility III [Member]
Mar. 31, 2014
Warehouse Facility III And IV [Member]
Mar. 31, 2014
Warehouse Facility IV [Member]
Mar. 31, 2014
2021 Senior Notes [Member]
Jan. 22, 2014
2021 Senior Notes [Member]
Feb. 21, 2014
2017 Senior Notes [Member]
Debt Instrument [Line Items]                    
Line of credit facility   $ 235,000,000                
Percentage of net book value of loans   80.00% 80.00%              
Maximum hedging reserve 1,000,000                  
Number of warehouse facilities     3              
Debt financing amount     475,000,000 325,000,000 [1] 75,000,000 [1] 75,000,000 75,000,000 [1] 300,000,000 300,000,000  
Debt maturity date       Dec. 27, 2015 [1],[2] Sep. 10, 2015 [1],[3]   Apr. 05, 2016 [1],[2] Feb. 15, 2021    
Percentage of collections on contributed loans 6.00%                  
Monthly servicing fee per financing 6.00%                  
Senior notes stated interest rate                 6.125% 9.125%
Repayment of senior notes 350,000,000                 350,000,000
Percentage of principal amount redeemed                   104.563%
Loss on extinguishment of debt (21,800,000)                  
Debt covenants $ 1                  
[1] Financing made available only to a specified subsidiary of the Company.
[2] Represents the revolving maturity date.  The outstanding balance will amortize after the maturity date based on the cash flows of the pledged assets.
[3] Represents the revolving maturity date.  The outstanding balance will amortize after the revolving maturity date and any amounts remaining on September 10, 2017 will be due.