8. Interest Income and Interest Expense

12 Months Ended

Dec. 31, 2015

Interest Income And Interest Expense

Interest Income and Interest Expense

(8) Interest Income and Interest Expense

The following table presents the components of interest income:

	Year Ended December 31,
	2015		2014		2013
	(In thousands)
Interest on finance receivables	$	349,796	$	286,361	$	231,320
Residual interest income		92		372		–
Other interest income		24		1		10
Interest income	$	349,912	$	286,734	$	231,330

The following table presents the components of interest expense:

	Year Ended December 31,
	2015		2014		2013
	(In thousands)
Securitization trust debt	$	48,631	$	38,558	$	34,744
Warehouse lines of credit		6,127		5,217		5,003
Senior secured debt, related party		–		1,651		8,064
Debt secured by receivables at fair value		–		772		3,877
Residual interest financing		1,405		1,989		3,330
Subordinated renewable notes		1,582		2,208		3,161
Interest expense	$	57,745	$	50,395	$	58,179