|
8. Debt (Details-Debt Outstanding) (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | |
|---|---|---|
|
Dec. 31, 2013
|
Dec. 31, 2012
|
|
| Fair Value, Option, Qualitative Disclosures Related to Election [Line Items] | ||
| Other debt outstanding | $ 99,366 | $ 166,027 |
|
Warehouse lines of credit 1
|
||
| Fair Value, Option, Qualitative Disclosures Related to Election [Line Items] | ||
| Other debt outstanding | 9,452 | 4,358 |
| Interest rate | 5.73% over one month Libor (Minimum 6.73%) | |
| Maturity date | Mar-17 | |
|
Warehouse lines of credit 2
|
||
| Fair Value, Option, Qualitative Disclosures Related to Election [Line Items] | ||
| Other debt outstanding | 0 | 17,373 |
| Interest rate | 6.00% over one month Libor (Minimum 6.75%) | |
| Maturity date | Jun-16 | |
|
Residual interest financing
|
||
| Fair Value, Option, Qualitative Disclosures Related to Election [Line Items] | ||
| Other debt outstanding | 0 | 13,773 |
| Interest rate | 12.875% over one month Libor | |
| Maturity date | Sep-13 | |
|
Residual interest financing 2
|
||
| Fair Value, Option, Qualitative Disclosures Related to Election [Line Items] | ||
| Other debt outstanding | 19,096 | 0 |
| Interest rate | 11.75% over one month Libor | |
| Maturity date | Apr-18 | |
|
Debt secured by receivables measured at fair value
|
||
| Fair Value, Option, Qualitative Disclosures Related to Election [Line Items] | ||
| Other debt outstanding | 13,117 | 57,107 |
| Interest rate | n/a | |
| Maturity date | Repayment is based on payments from underlying receivables. Final payment of the 8.00% loan was made in September 2013, with residual payments extending through 2016 | |
|
Senior Secured Debt Related Party 1
|
||
| Fair Value, Option, Qualitative Disclosures Related to Election [Line Items] | ||
| Other debt outstanding | 37,128 | 50,135 |
| Interest rate | 13.0% and 16.0% at December 31, 2013 and 2012, respectively | |
| Maturity date | Jun-14 | |
|
Senior Secured Debt Related Party 2
|
||
| Fair Value, Option, Qualitative Disclosures Related to Election [Line Items] | ||
| Other debt outstanding | 1,431 | 0 |
| Interest rate | 5.00% | |
| Maturity date | Jun-14 | |
|
Subordinated renewable notes
|
||
| Fair Value, Option, Qualitative Disclosures Related to Election [Line Items] | ||
| Other debt outstanding | $ 19,142 | $ 23,281 |
| Interest rate | Weighted average rate of 12.5% and 14.4% at December 31, 2013 and 2012, respectively | |
| Maturity date | Weighted average maturity of July 2015 and June 2015 at December 31, 2013 and 2012, respectively |