6. Interest Income and Interest Expense

6 Months Ended

Jun. 30, 2013

Interest Income And Interest Expense

Interest Income and Interest Expense

The following table presents the components of interest income:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2013		2012		2013		2012
	(In thousands)				(In thousands)
Interest on Finance Receivables	$	55,796	$	41,076	$	106,954	$	81,221
Residual interest income		–		234		–		458
Other interest income		1		236		10		478
						$		600
Interest income	$	55,797	$	41,546	$	106,964	$	82,157

The following table presents the components of interest expense:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2013		2012		2013		2012
	(In thousands)				(In thousands)
Securitization trust debt	$	8,230	$	9,139	$	17,368	$	19,159
Warehouse lines of credit		1,297		1,668		2,579		3,064
Senior secured debt, related party		2,112		3,259		4,875		6,796
Debt secured by receivables at fair value		1,027		4,297		2,813		10,087
Residual interest financing		1,094		646		1,586		1,394
Subordinated renewable notes		841		818		1,726		1,636
								$
	$	14,601	$	19,827	$	30,947	$	42,136