XML 30 R20.htm IDEA: XBRL DOCUMENT v3.20.2
(3) Securitization Trust Debt (Tables)
6 Months Ended
Jun. 30, 2020
Securitization Trust Debt  
Schedule of securitization trust debt
                       Weighted 
                       Average 
   Final   Receivables       Outstanding   Outstanding   Contractual 
   Scheduled   Pledged at       Principal at   Principal at   Interest Rate at 
   Payment   June 30,   Initial   June 30,   December 31,   June 30, 
Series  Date (1)   2020 (2)   Principal   2020   2019   2020 
   (Dollars in thousands)     
CPS 2014-C   December 2021        273,000        19,758     
CPS 2014-D   March 2022    17,002    267,500    15,647    23,755    5.82%
CPS 2015-A   June 2022    18,894    245,000    17,301    26,713    5.87%
CPS 2015-B   September 2022    26,444    250,000    26,142    36,338    5.45%
CPS 2015-C   December 2022    39,594    300,000    39,739    53,579    6.17%
CPS 2016-A   March 2023    50,410    329,460    53,801    71,599    6.55%
CPS 2016-B   June 2023    62,854    332,690    62,967    82,667    7.08%
CPS 2016-C   September 2023    64,356    318,500    63,748    83,696    7.12%
CPS 2016-D   April 2024    51,487    206,325    49,635    65,021    5.31%
CPS 2017-A   April 2024    57,147    206,320    54,980    71,450    5.26%
CPS 2017-B   December 2023    70,008    225,170    56,243    76,201    4.57%
CPS 2017-C   September 2024    72,442    224,825    61,597    80,315    4.45%
CPS 2017-D   June 2024    74,749    196,300    64,292    83,801    4.01%
CPS 2018-A   March 2025    80,427    190,000    70,616    91,258    3.85%
CPS 2018-B   December 2024    94,479    201,823    86,861    111,188    4.25%
CPS 2018-C   September 2025    111,494    230,275    100,415    130,064    4.36%
CPS 2018-D   June 2025    131,159    233,730    115,229    149,470    4.35%
CPS 2019-A   March 2026    164,744    254,400    147,634    186,900    4.15%
CPS 2019-B   June 2026    159,841    228,275    150,112    184,308    3.74%
CPS 2019-C   September 2026    186,160    243,513    177,905    216,650    3.12%
CPS 2019-D   December 2026    232,484    274,313    223,234    265,035    2.68%
CPS 2020-A   March 2027    232,307    260,000    228,045        2.66%
CPS 2020-B   June 2027    216,306    202,343    197,023        2.77%
        $2,214,788   $5,693,762   $2,063,166   $2,109,766      

_________________

(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 $418.1 million in 2020, $664.0 million in 2021, $450.7 million in 2022, $369.3 million in 2023, $80.9 million in 2024, $65.2 million in 2025, and $3.0 million in 2026.

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