6. Interest Income and Interest Expense

9 Months Ended

Sep. 30, 2013

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,
	2013		2012		2013		2012
	(In thousands)				(In thousands)
Interest on Finance Receivables	$	60,462	$	44,808	$	167,416	$	126,029
Residual interest income		–		–		–		458
Other interest income		–		245		10		723
Interest income	$	60,462	$	45,053	$	167,426	$	127,210

The following table presents the components of interest expense:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2013		2012		2013		2012
	(In thousands)				(In thousands)
Securitization trust debt	$	8,357	$	9,398	$	25,725	$	28,557
Warehouse lines of credit		1,447		2,179		4,026		5,243
Senior secured debt, related party		1,599		3,077		6,474		9,873
Debt secured by receivables at fair value		623		3,275		3,435		13,362
Residual interest financing		1,079		731		2,666		2,125
Subordinated renewable notes		748		900		2,474		2,536
	$	13,853	$	19,560	$	44,800	$	61,696