Derivative and Hedging Instruments (Tables)

9 Months Ended

Sep. 30, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Terms of Interest Rate Cap Agreements

The following tables provide the terms of our interestrate cap agreements that were in effect as of September 30, 2014 and December 31, 2013:

As of September 30, 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 IV	Cap Floating Rate	08/2011	09/2015	41.7		5.50	%
75.0		Warehouse Facility IV	Cap Floating Rate	03/2014	03/2017	33.3		5.50	%
75.0		Warehouse Facility V (2)	Cap Floating Rate	06/2012	07/2015	56.3		5.00	%

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 (2)	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.