4. Securitization Trust Debt (Tables)

3 Months Ended

Mar. 31, 2015

Securitization Trust Debt

Securitization trust debt

	Final	Receivables				Outstanding		Outstanding		Weighted Average Contractual
	Scheduled	Pledged at				Principal at		Principal at		Interest Rate at
	Payment	March 31,		Initial		March 31,		December 31,		March 31,
Series	Date (1)	2015 (2)		Principal		2015		2014		2015
	(Dollars in thousands)
CPS 2011-A	April 2018	$	10,138	$	100,364	$	5,836	$	8,457		2.82%
CPS 2011-B	September 2018		19,613		109,936		19,299		22,985		4.46%
CPS 2011-C	March 2019		25,918		119,400		26,049		30,601		4.92%
CPS 2012-A	June 2019		31,274		155,000		30,393		35,923		3.35%
CPS 2012-B	September 2019		44,458		141,500		43,388		50,125		3.06%
CPS 2012-C	December 2019		49,655		147,000		48,610		55,619		2.40%
CPS 2012-D	March 2020		60,076		160,000		59,229		67,833		2.06%
CPS 2013-A	June 2020		87,361		185,000		87,059		97,775		1.95%
CPS 2013-B	September 2020		106,376		205,000		106,305		118,692		2.44%
CPS 2013-C	December 2020		122,248		205,000		120,830		133,628		2.87%
CPS 2013-D	March 2021		120,330		183,000		118,794		132,150		2.54%
CPS 2014-A	June 2021		132,426		180,000		130,422		143,456		2.13%
CPS 2014-B	September 2021		166,835		202,500		165,346		177,601		1.92%
CPS 2014-C	December 2021		244,750		273,000		241,176		256,151		2.15%
CPS 2014-D	March 2022		254,224		267,500		249,913		267,500		2.40%
CPS 2015-A (3)	June 2022		170,624		245,000		245,000		–		2.31%
		$	1,646,306	$	2,879,200	$	1,697,649	$	1,598,496

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(1) The Final Scheduled Payment Date represents final legal maturity of the securitization trust debt. Securitization trust debt is expected to become due and to be paid prior to those dates, based on amortization of the finance receivables pledged to the trusts. Expected payments, which will depend on the performance of such receivables, as to which there can be no assurance, are $491.0 million in 2015, $538.9 million in 2016, $359.4 million in 2017, $200.1 million in 2018, $92.4 million in 2019 and $15.9 million in 2020.

(2) Includes repossessed assets that are included in Other assets on our Unaudited Condensed Consolidated Balance Sheet.

(3) An additional $72.0 million of receivables were pledged to CPS 2015-A in April 2015.