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Interest Income and Interest Expense
12 Months Ended
Dec. 31, 2023
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, 
   2023   2022   2021 
   (In thousands) 
Interest on finance receivables  $15,567   $35,091   $69,783 
Interest on finance receivables at fair value   307,543    268,621    196,461 
Other interest income   6,109    1,525    22 
Interest income  $329,219   $305,237   $266,266 

 

The following table presents the components of interest expense:

               
   Year Ended December 31, 
   2023   2022   2021 
   (In thousands) 
Securitization trust debt  $121,409   $70,627   $64,387 
Warehouse lines of credit   19,192    10,310    4,448 
Residual interest financing   4,199    4,243    3,763 
Subordinated renewable notes   1,831    2,344    2,641 
Interest expense  $146,631   $87,524   $75,239