XML 80 R61.htm IDEA: XBRL DOCUMENT v2.4.0.8
Supplemental Consolidating Financial Information - Supplemental Consolidating Balance Sheets (Details) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Jun. 30, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Dec. 31, 2011
ASSETS            
Cash and Cash Equivalents $ 29,046   $ 26,480 $ 24,802   $ 25,930
Restricted Cash and Investments Held in Trust 121,688   107,072      
Finance Receivables 1,886,753   1,634,622      
Allowance for Credit Losses (300,624) (284,719) (252,590) (251,415) (244,811) (221,533)
Finance Receivables, net 1,586,129   1,382,032      
Dealer Finance Receivables, net 105,796 92,278 40,956 23,656 11,633 24
Vehicle Inventory 244,744   270,733      
Property and Equipment, net 116,378   94,397      
Investments in Subsidiaries 0   0      
Other Assets 65,405   67,447      
Total Assets 2,269,186   1,989,117      
LIABILITIES & SHAREHOLDERS’ EQUITY            
Accounts Payable 22,816   17,346      
Accrued Expenses and Other Liabilities 91,592   79,727      
Deferred Revenue 16,518 11,835 2,212      
Portfolio Term Financings 1,177,818   1,049,478      
Portfolio Warehouse Facilities 54,000   57,200      
Senior Notes, Including Related Party Portion 253,543   198,320      
Other Secured Notes Payable 148,965   117,281      
Total Liabilities 1,765,252   1,521,564      
Noncontrolling Interest - Inilex 183   0      
Shareholders’ Equity 503,751   467,553      
Total Equity 503,934   467,553      
Total Liabilities & Shareholders’ Equity 2,269,186   1,989,117      
Drive Time Automotive Group, Inc. [Member]
            
LIABILITIES & SHAREHOLDERS’ EQUITY            
Shareholders’ Equity 132,639   156,048      
Drive Time Automotive Group, Inc. [Member] | Guarantor Subsidiaries Combined [Member]
            
ASSETS            
Cash and Cash Equivalents 8,172   6,937 5,518   2,869
Restricted Cash and Investments Held in Trust 0   0      
Finance Receivables 0   0      
Allowance for Credit Losses 0   0      
Finance Receivables, net 0   0      
Dealer Finance Receivables, net 0   0      
Vehicle Inventory 245,536   270,733      
Property and Equipment, net 92,909   70,668      
Investments in Subsidiaries 0   0      
Other Assets 1,878,513   1,226,409      
Total Assets 2,225,130   1,574,747      
LIABILITIES & SHAREHOLDERS’ EQUITY            
Accounts Payable 22,809   17,342      
Accrued Expenses and Other Liabilities 1,780,924   1,004,766      
Deferred Revenue 16,218   2,025      
Portfolio Term Financings 0   0      
Portfolio Warehouse Facilities 0   0      
Senior Notes, Including Related Party Portion 0   0      
Other Secured Notes Payable 121,321   91,320      
Total Liabilities 1,941,272   1,115,453      
Noncontrolling Interest - Inilex 0   0      
Shareholders’ Equity 283,858   459,294      
Total Equity 283,858   459,294      
Total Liabilities & Shareholders’ Equity 2,225,130   1,574,747      
Drive Time Automotive Group, Inc. [Member] | Non-Guarantor Subsidiaries [Member]
            
ASSETS            
Cash and Cash Equivalents 2,862   482 235   595
Restricted Cash and Investments Held in Trust 0   0      
Finance Receivables 0   0      
Allowance for Credit Losses 0   0      
Finance Receivables, net 0   0      
Dealer Finance Receivables, net 0   0      
Vehicle Inventory 0   0      
Property and Equipment, net 470   0      
Investments in Subsidiaries 0   0      
Other Assets 33,906   26,480      
Total Assets 37,238   26,962      
LIABILITIES & SHAREHOLDERS’ EQUITY            
Accounts Payable 0   0      
Accrued Expenses and Other Liabilities 1,273   609      
Deferred Revenue 33   86      
Portfolio Term Financings 0   0      
Portfolio Warehouse Facilities 0   0      
Senior Notes, Including Related Party Portion 0   0      
Other Secured Notes Payable 14,014   11,733      
Total Liabilities 15,320   12,428      
Noncontrolling Interest - Inilex 2,698   0      
Shareholders’ Equity 19,220   14,534      
Total Equity 21,918   14,534      
Total Liabilities & Shareholders’ Equity 37,238   26,962      
Drive Time Automotive Group, Inc. [Member] | Parent Company [Member]
            
ASSETS            
Cash and Cash Equivalents 5   5 6   5
Restricted Cash and Investments Held in Trust 0   0      
Finance Receivables 0   0      
Allowance for Credit Losses 0   0      
Finance Receivables, net 0   0      
Dealer Finance Receivables, net 0   0      
Vehicle Inventory 0   0      
Property and Equipment, net 0   0      
Investments in Subsidiaries 303,078   473,828      
Other Assets 557,225   383,689      
Total Assets 860,308   857,522      
LIABILITIES & SHAREHOLDERS’ EQUITY            
Accounts Payable 0   0      
Accrued Expenses and Other Liabilities 602,621   602,314      
Deferred Revenue 0   0      
Portfolio Term Financings 0   0      
Portfolio Warehouse Facilities 0   0      
Senior Notes, Including Related Party Portion 126,771   99,160      
Other Secured Notes Payable 0   0      
Total Liabilities 729,392   701,474      
Noncontrolling Interest - Inilex 0   0      
Shareholders’ Equity 130,916   156,048      
Total Equity 130,916   156,048      
Total Liabilities & Shareholders’ Equity 860,308   857,522      
Drive Time Automotive Group, Inc. [Member] | Eliminations [Member]
            
ASSETS            
Cash and Cash Equivalents 0   0 0   0
Restricted Cash and Investments Held in Trust 0   0      
Finance Receivables 0   0      
Allowance for Credit Losses 0   0      
Finance Receivables, net 0   0      
Dealer Finance Receivables, net 0   0      
Vehicle Inventory (792)   0      
Property and Equipment, net 0   0      
Investments in Subsidiaries (303,078)   (473,828)      
Other Assets (719,602)   (711,814)      
Total Assets (1,023,472)   (1,185,642)      
LIABILITIES & SHAREHOLDERS’ EQUITY            
Accounts Payable 0   0      
Accrued Expenses and Other Liabilities (719,602)   (711,814)      
Deferred Revenue 0   0      
Portfolio Term Financings 0   0      
Portfolio Warehouse Facilities 0   0      
Senior Notes, Including Related Party Portion 0   0      
Other Secured Notes Payable 0   0      
Total Liabilities (719,602)   (711,814)      
Noncontrolling Interest - Inilex (2,843)   0      
Shareholders’ Equity (301,027)   (473,828)      
Total Equity (303,870)   (473,828)      
Total Liabilities & Shareholders’ Equity (1,023,472)   (1,185,642)      
Drive Time Automotive Group, Inc. [Member] | Consolidated [Member]
            
ASSETS            
Cash and Cash Equivalents 11,039   7,424 5,759   3,469
Restricted Cash and Investments Held in Trust 0   0      
Finance Receivables 0   0      
Allowance for Credit Losses 0   0      
Finance Receivables, net 0   0      
Dealer Finance Receivables, net 0   0      
Vehicle Inventory 244,744   270,733      
Property and Equipment, net 93,379   70,668      
Investments in Subsidiaries 0   0      
Other Assets 1,750,042   924,764      
Total Assets 2,099,204   1,273,589      
LIABILITIES & SHAREHOLDERS’ EQUITY            
Accounts Payable 22,809   17,342      
Accrued Expenses and Other Liabilities 1,665,216   895,875      
Deferred Revenue 16,251   2,111      
Portfolio Term Financings 0   0      
Portfolio Warehouse Facilities 0   0      
Senior Notes, Including Related Party Portion 126,771   99,160      
Other Secured Notes Payable 135,335   103,053      
Total Liabilities 1,966,382   1,117,541      
Noncontrolling Interest - Inilex (145)   0      
Shareholders’ Equity 132,967   156,048      
Total Equity 132,822   156,048      
Total Liabilities & Shareholders’ Equity 2,099,204   1,273,589      
DTAC [Member]
            
LIABILITIES & SHAREHOLDERS’ EQUITY            
Noncontrolling Interest - Inilex 371,112 [1]   311,505 [1]      
DTAC [Member] | Guarantor Subsidiaries Combined [Member]
            
ASSETS            
Cash and Cash Equivalents 770   9 67   52
Restricted Cash and Investments Held in Trust 17,609   16,163      
Finance Receivables 1,683   0      
Allowance for Credit Losses 0   0      
Finance Receivables, net 1,683   0      
Dealer Finance Receivables, net 105,796   40,956      
Vehicle Inventory 0   0      
Property and Equipment, net 5,409   5,807      
Investments in Subsidiaries 0   0      
Other Assets 1,035,131   496,384      
Total Assets 1,166,398   559,319      
LIABILITIES & SHAREHOLDERS’ EQUITY            
Accounts Payable 7   4      
Accrued Expenses and Other Liabilities 1,278,944   521,375      
Deferred Revenue 267   101      
Portfolio Term Financings 0   0      
Portfolio Warehouse Facilities 0   0      
Senior Notes, Including Related Party Portion 0   0      
Other Secured Notes Payable 1,342   1,774      
Total Liabilities 1,280,560   523,254      
Noncontrolling Interest - Inilex 0   0      
Shareholders’ Equity (114,162)   36,065      
Total Equity (114,162)   36,065      
Total Liabilities & Shareholders’ Equity 1,166,398   559,319      
DTAC [Member] | Non-Guarantor Subsidiaries [Member]
            
ASSETS            
Cash and Cash Equivalents 388   423 286   396
Restricted Cash and Investments Held in Trust 104,079   90,909      
Finance Receivables 0   0      
Allowance for Credit Losses 0   0      
Finance Receivables, net 0   0      
Dealer Finance Receivables, net 0   0      
Vehicle Inventory 0   0      
Property and Equipment, net 14,942   15,216      
Investments in Subsidiaries 0   0      
Other Assets 1,597,141   1,352,295      
Total Assets 1,716,550   1,458,843      
LIABILITIES & SHAREHOLDERS’ EQUITY            
Accounts Payable 0   0      
Accrued Expenses and Other Liabilities 6,373   6,703      
Deferred Revenue 0   0      
Portfolio Term Financings 1,177,818   1,069,974      
Portfolio Warehouse Facilities 54,000   57,200      
Senior Notes, Including Related Party Portion 0   0      
Other Secured Notes Payable 12,288   12,454      
Total Liabilities 1,250,479   1,146,331      
Noncontrolling Interest - Inilex 0   0      
Shareholders’ Equity 466,071   312,512      
Total Equity 466,071   312,512      
Total Liabilities & Shareholders’ Equity 1,716,550   1,458,843      
DTAC [Member] | Parent Company [Member]
            
ASSETS            
Cash and Cash Equivalents 16,849   18,624 18,690   22,013
Restricted Cash and Investments Held in Trust 0   0      
Finance Receivables 1,885,070   1,634,622      
Allowance for Credit Losses (300,624)   (252,590)      
Finance Receivables, net 1,584,446   1,382,032      
Dealer Finance Receivables, net 0   0      
Vehicle Inventory 0   0      
Property and Equipment, net 2,648   2,706      
Investments in Subsidiaries 351,909   348,577      
Other Assets 1,716,520   887,248      
Total Assets 3,672,372   2,639,187      
LIABILITIES & SHAREHOLDERS’ EQUITY            
Accounts Payable 0   0      
Accrued Expenses and Other Liabilities 3,174,488   2,228,522      
Deferred Revenue 0   0      
Portfolio Term Financings 0   0      
Portfolio Warehouse Facilities 0   0      
Senior Notes, Including Related Party Portion 126,772   99,160      
Other Secured Notes Payable 0   0      
Total Liabilities 3,301,260   2,327,682      
Noncontrolling Interest - Inilex 0   0      
Shareholders’ Equity 371,112   311,505      
Total Equity 371,112   311,505      
Total Liabilities & Shareholders’ Equity 3,672,372   2,639,187      
DTAC [Member] | Eliminations [Member]
            
ASSETS            
Cash and Cash Equivalents 0   0 0   0
Restricted Cash and Investments Held in Trust 0   0      
Finance Receivables 0   0      
Allowance for Credit Losses 0   0      
Finance Receivables, net 0   0      
Dealer Finance Receivables, net 0   0      
Vehicle Inventory 0   0      
Property and Equipment, net 0   0      
Investments in Subsidiaries (351,909)   (348,577)      
Other Assets (2,712,327)   (1,857,217)      
Total Assets (3,064,236)   (2,205,794)      
LIABILITIES & SHAREHOLDERS’ EQUITY            
Accounts Payable 0   0      
Accrued Expenses and Other Liabilities (2,712,327)   (1,836,721)      
Deferred Revenue 0   0      
Portfolio Term Financings 0   (20,496)      
Portfolio Warehouse Facilities 0   0      
Senior Notes, Including Related Party Portion 0   0      
Other Secured Notes Payable 0   0      
Total Liabilities (2,712,327)   (1,857,217)      
Noncontrolling Interest - Inilex 0   0      
Shareholders’ Equity (351,909)   (348,577)      
Total Equity (351,909)   (348,577)      
Total Liabilities & Shareholders’ Equity (3,064,236)   (2,205,794)      
DTAC [Member] | Consolidated [Member]
            
ASSETS            
Cash and Cash Equivalents 18,007   19,056 19,043   22,461
Restricted Cash and Investments Held in Trust 121,688   107,072      
Finance Receivables 1,886,753   1,634,622      
Allowance for Credit Losses (300,624)   (252,590)      
Finance Receivables, net 1,586,129   1,382,032      
Dealer Finance Receivables, net 105,796   40,956      
Vehicle Inventory 0   0      
Property and Equipment, net 22,999   23,729      
Investments in Subsidiaries 0   0      
Other Assets 1,636,465   878,710      
Total Assets 3,491,084   2,451,555      
LIABILITIES & SHAREHOLDERS’ EQUITY            
Accounts Payable 7   4      
Accrued Expenses and Other Liabilities 1,747,478   919,879      
Deferred Revenue 267   101      
Portfolio Term Financings 1,177,818   1,049,478      
Portfolio Warehouse Facilities 54,000   57,200      
Senior Notes, Including Related Party Portion 126,772   99,160      
Other Secured Notes Payable 13,630   14,228      
Total Liabilities 3,119,972   2,140,050      
Noncontrolling Interest - Inilex 0   0      
Shareholders’ Equity 371,112   311,505      
Total Equity 371,112   311,505      
Total Liabilities & Shareholders’ Equity 3,491,084   2,451,555      
Eliminations [Member]
            
ASSETS            
Cash and Cash Equivalents 0   0 0   0
Restricted Cash and Investments Held in Trust 0   0      
Finance Receivables 0   0      
Allowance for Credit Losses 0   0      
Finance Receivables, net 0   0      
Dealer Finance Receivables, net 0   0      
Vehicle Inventory 0   0      
Property and Equipment, net 0   0      
Investments in Subsidiaries 0   0      
Other Assets (3,321,102)   (1,736,027)      
Total Assets (3,321,102)   (1,736,027)      
LIABILITIES & SHAREHOLDERS’ EQUITY            
Accounts Payable 0   0      
Accrued Expenses and Other Liabilities (3,321,102)   (1,736,027)      
Deferred Revenue 0   0      
Portfolio Term Financings 0   0      
Portfolio Warehouse Facilities 0   0      
Senior Notes, Including Related Party Portion 0   0      
Other Secured Notes Payable 0   0      
Total Liabilities (3,321,102)   (1,736,027)      
Noncontrolling Interest - Inilex 328   0      
Shareholders’ Equity (328)   0      
Total Equity 0   0      
Total Liabilities & Shareholders’ Equity $ (3,321,102)   $ (1,736,027)      
[1] Refer to Note 1 for a discussion regarding the noncontrolling interest-DTAC.