(5) Interest Income and Interest Expense

6 Months Ended

Jun. 30, 2020

Interest Income and Interest Expense Disclosure [Text Block]

(5) Interest Income and Interest Expense

The following table presents the components of interest income:

	Three Months Ended					Six Months Ended
	June 30,					June 30,
	2020			2019		2020			2019
	(In thousands)					(In thousands)
Interest on finance receivables	$	33,773		$	55,660	$	71,580		$	117,950
Interest on finance receivables at fair value		41,659			27,978		82,465			50,793
Mark to finance receivables measured at fair value		(9,549	)		–		(19,899	)		–
Other interest income		120			811		644			1,551
Interest income	$	66,003		$	84,449	$	134,790		$	170,294

The following table presents the components of interest expense:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2020		2019		2020		2019
	(In thousands)				(In thousands)
Securitization trust debt	$	22,367	$	24,466	$	46,165	$	48,454
Warehouse lines of credit		2,675		1,960		4,437		3,980
Residual interest financing		920		955		1,857		1,911
Subordinated renewable notes		523		322		1,017		648
Interest expense	$	26,485	$	27,703	$	53,476	$	54,993