4. Debt

3 Months Ended

Mar. 31, 2016

Debt Disclosure [Abstract]

Debt

The terms and amounts of our other debt outstanding at March 31, 2016 and December 31, 2015 are summarized below:

			Amount Outstanding at
			March 31,		December 31,
			2016		2015
			(In thousands)
Description	Interest Rate	Maturity
Warehouse lines of credit	5.50% over one month Libor (Minimum 6.50%)	April 2019	$	90,492	$	91,504
	5.50% over one month Libor (Minimum 6.25%)	August 2017		43,558		73,940
	6.75% over a commercial paper rate (Minimum 7.75%)	November 2019		38,202		31,017
Residual interest financing	11.75% over one month Libor	April 2018		8,336		9,042
Subordinated renewable notes	Weighted average rate of 8.67% and 9.04% at March 31, 2016 and December 31, 2015, respectively	Weighted average maturity of December 2017 and October 2017 at March 31, 2016 and December 31, 2015, respectively		15,348		15,138
			$	195,936	$	220,641

Debt issuance costs of $2.0 million and $2.4 million as of March 31, 2016 and December 31, 2015, respectively, have been excluded from the table above. These debt issuance costs are presented as a direct deduction to the carrying amount of the Warehouse lines of credit on our Unaudited Condensed Consolidated Balance Sheets.