(4) Debt

3 Months Ended

Mar. 31, 2022

Debt Disclosure [Abstract]

(4) Debt

(4) Debt

The terms and amounts of our other debt outstanding at March 31, 2022 and December 31, 2021 are summarized below: 

				Amount Outstanding at
				March 31,		December 31,
				2022		2021
				(In thousands)
Description	Interest Rate	Maturity
Warehouse lines of credit	3.00% over one month Libor (Minimum 3.75%)		December 2022	$	69,430	$	70,590
	3.50% over a commercial paper rate (Minimum 4.50%)		January 2024		78,750		35,420
Residual interest financing	8.60%		January 2026		–		4,311
Residual interest financing	7.86%		June 2026		50,000		50,000
Subordinated renewable notes	Weighted average rate of 8.65% and 8.93% at March 31, 2022 and December 31, 2021, respectively		Weighted average maturity of March 2024 and January 2024 at March 31, 2022 and December 31, 2021, respectively		26,756		26,459
				$	224,936	$	186,780

Unamortized debt issuance costs of $566,000 and $629,000 as of March 31, 2022 and December 31, 2021, respectively, have been excluded from the amount reported above for residual interest financing. Similarly, unamortized debt issuance costs of $1.2 million and $400,000 as of March 31, 2022 and December 31, 2021, respectively, have been excluded from the Warehouse lines of credit amounts in the table above. These debt issuance costs are presented as a direct deduction to the carrying amount of the debt on our Unaudited Condensed Consolidated Balance Sheets.