2.2.0.25falsefalse0211 - Disclosure - Borrowingstruefalsefalse1falsefalseUSDfalsefalse1/1/2011 - 3/31/2011
USD ($)
USD ($) / shares
$FROM_Jan01_2011_TO_Mar31_2011http://www.sec.gov/CIK0001241199duration2011-01-01T00:00:002011-03-31T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170EPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDUSD$2true0cse_BorrowingsAbstractcsefalsenadurationBorrowings.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse| 1falsefalsefalse00falsefalsefalsefalsefalse | Otherxbrli:stringItemTypestringBorrowings.falsefalse
3false0us-gaap_DebtDisclosureTextBlockus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel| 1falsefalsefalse00<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0px;">Note </font><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;">10</font><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;">.  Borrowings</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:11px;">For additional information on our borrowings, see Note 1</font><font style="font-family:Times New Roman;font-size:10pt;">1</font><font style="font-family:Times New Roman;font-size:10pt;">, </font><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">Borrowings</font><font style="font-family:Times New Roman;font-size:10pt;">, in our audited consolidated financial statements for the year ended </font><font style="font-family:Times New Roman;font-size:10pt;">December 31, 2010</font><font style="font-family:Times New Roman;font-size:10pt;">, included in our Form 10-K.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:11px;">As of </font><font style="font-family:Times New Roman;font-size:10pt;">March 31, 2011</font><font style="font-family:Times New Roman;font-size:10pt;"> and </font><font style="font-family:Times New Roman;font-size:10pt;">December 31, 2010</font><font style="font-family:Times New Roman;font-size:10pt;">, the composition of our outstanding borrowings was as follows:</font></p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 422px; text-align:left;border-color:#000000;min-width:422px;"> <font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;" /></td><td colspan="2" style="width: 135px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:135px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">March 31, 2011</font></td><td style="width: 3px; text-align:center;border-color:#000000;min-width:3px;"> </td><td colspan="2" style="width: 135px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:135px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">December 31, 2010</font></td></tr><tr style="height: 3px"><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 422px; text-align:left;border-color:#000000;min-width:422px;"> <font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;" /></td><td style="width: 15px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:15px;"> </td><td style="width: 120px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:120px;"> </td><td style="width: 3px; text-align:center;border-color:#000000;min-width:3px;"> </td><td style="width: 15px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:15px;"> </td><td style="width: 120px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:120px;"> </td></tr><tr style="height: 17px"><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 422px; text-align:left;border-color:#000000;min-width:422px;"> <font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;" /></td><td style="width: 15px; text-align:right;border-color:#000000;min-width:15px;"> </td><td colspan="4" style="width: 258px; text-align:center;border-color:#000000;min-width:258px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">($ in thousands)</font></td></tr><tr style="height: 17px"><td colspan="3" style="width: 428px; text-align:left;border-color:#000000;min-width:428px;"> <font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;" /></td><td style="width: 15px; text-align:right;border-color:#000000;min-width:15px;"> </td><td style="width: 120px; text-align:left;border-color:#000000;min-width:120px;"> </td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 15px; text-align:right;border-color:#000000;min-width:15px;"> </td><td style="width: 120px; text-align:left;border-color:#000000;min-width:120px;"> </td></tr><tr style="height: 17px"><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td colspan="2" style="width: 425px; text-align:left;border-color:#000000;min-width:425px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Credit facilities </font><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;" /></td><td style="width: 15px; text-align:right;border-color:#000000;min-width:15px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 120px; text-align:right;border-color:#000000;min-width:120px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td><td style="width: 3px; text-align:right;border-color:#000000;min-width:3px;"> </td><td style="width: 15px; text-align:right;border-color:#000000;min-width:15px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 120px; text-align:right;border-color:#000000;min-width:120px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 67,508</font></td></tr><tr style="height: 17px"><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td colspan="2" style="width: 425px; text-align:left;border-color:#000000;min-width:425px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Term debt (1)</font><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;" /></td><td style="width: 15px; text-align:right;border-color:#000000;min-width:15px;"> </td><td style="width: 120px; text-align:right;border-color:#000000;min-width:120px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 863,799</font></td><td style="width: 3px; text-align:right;border-color:#000000;min-width:3px;"> </td><td style="width: 15px; text-align:right;border-color:#000000;min-width:15px;"> </td><td style="width: 120px; text-align:right;border-color:#000000;min-width:120px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 979,254</font></td></tr><tr style="height: 17px"><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td colspan="2" style="width: 425px; text-align:left;border-color:#000000;min-width:425px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Other borrowings:</font><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;" /></td><td style="width: 15px; text-align:right;border-color:#000000;min-width:15px;"> </td><td style="width: 120px; text-align:right;border-color:#000000;min-width:120px;"> </td><td style="width: 3px; text-align:right;border-color:#000000;min-width:3px;"> </td><td style="width: 15px; text-align:right;border-color:#000000;min-width:15px;"> </td><td style="width: 120px; text-align:right;border-color:#000000;min-width:120px;"> </td></tr><tr style="height: 17px"><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 422px; text-align:left;border-color:#000000;min-width:422px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Convertible debt, net (2)</font><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;" /></td><td style="width: 15px; text-align:right;border-color:#000000;min-width:15px;"> </td><td style="width: 120px; text-align:right;border-color:#000000;min-width:120px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 526,254</font></td><td style="width: 3px; text-align:right;border-color:#000000;min-width:3px;"> </td><td style="width: 15px; text-align:right;border-color:#000000;min-width:15px;"> </td><td style="width: 120px; text-align:right;border-color:#000000;min-width:120px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 523,650</font></td></tr><tr style="height: 17px"><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 422px; text-align:left;border-color:#000000;min-width:422px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Subordinated debt </font><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;" /></td><td style="width: 15px; text-align:right;border-color:#000000;min-width:15px;"> </td><td style="width: 120px; text-align:right;border-color:#000000;min-width:120px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 439,281</font></td><td style="width: 3px; text-align:right;border-color:#000000;min-width:3px;"> </td><td style="width: 15px; text-align:right;border-color:#000000;min-width:15px;"> </td><td style="width: 120px; text-align:right;border-color:#000000;min-width:120px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 437,286</font></td></tr><tr style="height: 17px"><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 422px; text-align:left;border-color:#000000;min-width:422px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">FHLB SF borrowings </font><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;" /></td><td style="width: 15px; text-align:right;border-color:#000000;min-width:15px;"> </td><td style="width: 120px; text-align:right;border-color:#000000;min-width:120px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 400,000</font></td><td style="width: 3px; text-align:right;border-color:#000000;min-width:3px;"> </td><td style="width: 15px; text-align:right;border-color:#000000;min-width:15px;"> </td><td style="width: 120px; text-align:right;border-color:#000000;min-width:120px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 412,000</font></td></tr><tr style="height: 17px"><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 422px; text-align:left;border-color:#000000;min-width:422px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Notes payable </font><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;" /></td><td style="width: 15px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:15px;"> </td><td style="width: 120px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:120px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 2,927</font></td><td style="width: 3px; text-align:right;border-color:#000000;min-width:3px;"> </td><td style="width: 15px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:15px;"> </td><td style="width: 120px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:120px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 2,948</font></td></tr><tr style="height: 17px"><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td colspan="2" style="width: 425px; text-align:left;border-color:#000000;min-width:425px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Total other borrowings </font><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;" /></td><td style="width: 15px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:15px;"> </td><td style="width: 120px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:120px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 1,368,462</font></td><td style="width: 3px; text-align:right;border-color:#000000;min-width:3px;"> </td><td style="width: 15px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:15px;"> </td><td style="width: 120px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:120px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 1,375,884</font></td></tr><tr style="height: 18px"><td colspan="3" style="width: 428px; text-align:left;border-color:#000000;min-width:428px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Total borrowings</font><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;" /></td><td style="width: 15px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:15px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 120px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:120px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 2,232,261</font></td><td style="width: 3px; text-align:right;border-color:#000000;min-width:3px;"> </td><td style="width: 15px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:15px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 120px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:120px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 2,422,646</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">____________</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">(1</font><font style="font-family:Times New Roman;font-size:10pt;">)       </font><font style="font-family:Times New Roman;font-size:10pt;">Amounts presented are net of debt discounts of </font><font style="font-family:Times New Roman;font-size:10pt;">$13.6</font><font style="font-family:Times New Roman;font-size:10pt;"> million and $1</font><font style="font-family:Times New Roman;font-size:10pt;">4</font><font style="font-family:Times New Roman;font-size:10pt;">.4 million as of </font><font style="font-family:Times New Roman;font-size:10pt;">March 31, 2011</font><font style="font-family:Times New Roman;font-size:10pt;"> and </font><font style="font-family:Times New Roman;font-size:10pt;">December 31, 2010</font><font style="font-family:Times New Roman;font-size:10pt;">, respectively.</font></p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">(2)       Amounts presented are net of debt discounts of </font><font style="font-family:Times New Roman;font-size:10pt;">$4.3</font><font style="font-family:Times New Roman;font-size:10pt;"> million and $</font><font style="font-family:Times New Roman;font-size:10pt;">6.9</font><font style="font-family:Times New Roman;font-size:10pt;"> million as of </font><font style="font-family:Times New Roman;font-size:10pt;">March 31, 2011</font><font style="font-family:Times New Roman;font-size:10pt;"> and </font><font style="font-family:Times New Roman;font-size:10pt;">December 31, 2010</font><font style="font-family:Times New Roman;font-size:10pt;">, respectively.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:5.75px;">Credit Facilities</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:11px;">As of </font><font style="font-family:Times New Roman;font-size:10pt;">March 31, 2011 and December 31, 2010</font><font style="font-family:Times New Roman;font-size:10pt;">, we had</font><font style="font-family:Times New Roman;font-size:10pt;"> access to a secured credit facility to finance our commercial loans and for general corporate purposes. </font><font style="font-family:Times New Roman;font-size:10pt;">We terminated this credit facility on April </font><font style="font-family:Times New Roman;font-size:10pt;">12</font><font style="font-family:Times New Roman;font-size:10pt;">, 2011. </font><font style="font-family:Times New Roman;font-size:10pt;">Information pertaining to this secured credit facility was as follows:</font></p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 387px; text-align:left;border-color:#000000;min-width:387px;"> </td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td colspan="2" style="width: 135px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:135px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">March 31, 2011</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td colspan="2" style="width: 135px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:135px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">December 31, 2010</font></td></tr><tr style="height: 6px"><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 387px; text-align:left;border-color:#000000;min-width:387px;"> </td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 15px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:15px;"> </td><td style="width: 120px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:120px;"> </td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 15px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:15px;"> </td><td style="width: 120px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:120px;"> </td></tr><tr style="height: 17px"><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 387px; text-align:left;border-color:#000000;min-width:387px;"> </td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td colspan="5" style="width: 273px; text-align:center;border-color:#000000;min-width:273px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">($ in thousands)</font></td></tr><tr style="height: 17px"><td colspan="2" style="width: 390px; text-align:left;border-color:#000000;min-width:390px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Committed capacity</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 120px; text-align:right;border-color:#000000;min-width:120px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 40,000</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 120px; text-align:right;border-color:#000000;min-width:120px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 167,508</font></td></tr><tr style="height: 17px"><td colspan="2" style="width: 390px; text-align:left;border-color:#000000;min-width:390px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Outstanding borrowings</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 15px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 120px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:120px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> -</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 15px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 120px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:120px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 67,508</font></td></tr><tr style="height: 18px"><td colspan="2" style="width: 390px; text-align:left;border-color:#000000;min-width:390px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Undrawn capacity (1)</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 15px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:left;border-color:#000000;min-width:15px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 120px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:120px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 40,000</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 15px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:left;border-color:#000000;min-width:15px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 120px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:120px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;"> 100,000</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">____________</font></p><p style='margin-top:0pt; margin-bottom:0pt'></p><ul><li style="margin-left:36px;list-style:decimal;"><font style="font-family:Times New Roman;font-size:10pt;">Undrawn capacity on the secured credit facility </font><font style="font-family:Times New Roman;font-size:10pt;">was</font><font style="font-family:Times New Roman;font-size:10pt;"> limited by issued and outstanding letters of credit totaling </font><font style="font-family:Times New Roman;font-size:10pt;">$10.7</font><font style="font-family:Times New Roman;font-size:10pt;"> million and $21.0 million, as of </font><font style="font-family:Times New Roman;font-size:10pt;">March 31, 2011 and December 31, 2010</font><font style="font-family:Times New Roman;font-size:10pt;">,</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">respectively. </font></li></ul><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:5.75px;">Term Debt</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:10.8px;">As of </font><font style="font-family:Times New Roman;font-size:10pt;">March 31, 2011</font><font style="font-family:Times New Roman;font-size:10pt;"> and </font><font style="font-family:Times New Roman;font-size:10pt;">December 31, 2010</font><font style="font-family:Times New Roman;font-size:10pt;">, </font><font style="font-family:Times New Roman;font-size:10pt;">the carrying amounts of our term debt related to securitizations were </font><font style="font-family:Times New Roman;font-size:10pt;">$</font><font style="font-family:Times New Roman;font-size:10pt;">577.3</font><font style="font-family:Times New Roman;font-size:10pt;"> million and $</font><font style="font-family:Times New Roman;font-size:10pt;">693.</font><font style="font-family:Times New Roman;font-size:10pt;">5</font><font style="font-family:Times New Roman;font-size:10pt;"> million</font><font style="font-family:Times New Roman;font-size:10pt;">, respectively. As of </font><font style="font-family:Times New Roman;font-size:10pt;">March 31, 2011</font><font style="font-family:Times New Roman;font-size:10pt;"> and </font><font style="font-family:Times New Roman;font-size:10pt;">December 31, 2010</font><font style="font-family:Times New Roman;font-size:10pt;">, our 2014 Senior Secured Notes had balances of $</font><font style="font-family:Times New Roman;font-size:10pt;">286.5</font><font style="font-family:Times New Roman;font-size:10pt;"> million and $</font><font style="font-family:Times New Roman;font-size:10pt;">285.7</font><font style="font-family:Times New Roman;font-size:10pt;"> million</font><font style="font-family:Times New Roman;font-size:10pt;">,</font><font style="font-family:Times New Roman;font-size:10pt;"> respectively, net of discounts of </font><font style="font-family:Times New Roman;font-size:10pt;">$</font><font style="font-family:Times New Roman;font-size:10pt;">13.</font><font style="font-family:Times New Roman;font-size:10pt;">5</font><font style="font-family:Times New Roman;font-size:10pt;"> million and</font><font style="font-family:Times New Roman;font-size:10pt;"> $</font><font style="font-family:Times New Roman;font-size:10pt;">14.3</font><font style="font-family:Times New Roman;font-size:10pt;"> million, respectively.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:5.75px;">Convertible Debt</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:11px;">As of </font><font style="font-family:Times New Roman;font-size:10pt;">March 31, 2011</font><font style="font-family:Times New Roman;font-size:10pt;"> and </font><font style="font-family:Times New Roman;font-size:10pt;">December 31, 2010</font><font style="font-family:Times New Roman;font-size:10pt;">, the carrying amounts of the liability and equity components of our convertible debt were as follows:</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 387px; text-align:left;border-color:#000000;min-width:387px;"> </td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td colspan="2" style="width: 135px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:135px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">March 31, 2011</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td colspan="2" style="width: 135px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:135px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">December 31, 2010</font></td></tr><tr style="height: 6px"><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 387px; text-align:left;border-color:#000000;min-width:387px;"> </td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 15px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:15px;"> </td><td style="width: 120px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:120px;"> </td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 15px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:15px;"> </td><td style="width: 120px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:120px;"> </td></tr><tr style="height: 17px"><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 387px; text-align:left;border-color:#000000;min-width:387px;"> </td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td colspan="5" style="width: 273px; text-align:center;border-color:#000000;min-width:273px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">($ in thousands)</font></td></tr><tr style="height: 17px"><td colspan="2" style="width: 390px; text-align:left;border-color:#000000;min-width:390px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Convertible debt principal </font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 120px; text-align:right;border-color:#000000;min-width:120px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: right;"> 530,523</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;">$</font></td><td style="width: 120px; text-align:right;border-color:#000000;min-width:120px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: right;"> 530,523</font></td></tr><tr style="height: 17px"><td colspan="2" style="width: 390px; text-align:left;border-color:#000000;min-width:390px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Less: debt discount</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 15px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 120px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:120px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: right;"> (4,269)</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 15px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:15px;"> </td><td style="width: 120px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:120px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: right;"> (6,873)</font></td></tr><tr style="height: 18px"><td colspan="2" style="width: 390px; text-align:left;border-color:#000000;min-width:390px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Net carrying value </font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 15px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:left;border-color:#000000;min-width:15px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 120px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:120px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: right;"> 526,254</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 15px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:left;border-color:#000000;min-width:15px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;">$</font></td><td style="width: 120px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:120px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: right;"> 523,650</font></td></tr><tr style="height: 18px"><td colspan="2" style="width: 390px; text-align:left;border-color:#000000;min-width:390px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Equity components recorded in additional paid-in capital </font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 15px; border-top-style:double;border-top-width:3px;text-align:left;border-color:#000000;min-width:15px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 120px; border-top-style:double;border-top-width:3px;text-align:right;border-color:#000000;min-width:120px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: right;"> 101,220</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 15px; border-top-style:double;border-top-width:3px;text-align:left;border-color:#000000;min-width:15px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;">$</font></td><td style="width: 120px; border-top-style:double;border-top-width:3px;text-align:right;border-color:#000000;min-width:120px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: right;"> 101,220</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:11px;">As of </font><font style="font-family:Times New Roman;font-size:10pt;">March 31, 2011</font><font style="font-family:Times New Roman;font-size:10pt;">, the unamortized discounts on our 3.5%, 4.0% and 7.25% Convertible Debentures will be amortized through </font><font style="font-family:Times New Roman;font-size:10pt;">the first put date</font><font style="font-family:Times New Roman;font-size:10pt;">s</font><font style="font-family:Times New Roman;font-size:10pt;"> of </font><font style="font-family:Times New Roman;font-size:10pt;">July 15, 2011, July 15, 2011, and July 15, 2012, respectively. As of </font><font style="font-family:Times New Roman;font-size:10pt;">March 31, 2011</font><font style="font-family:Times New Roman;font-size:10pt;">, the conversion prices and the numbers of shares used to determine the aggregate consideration that would be delivered upon conversion of our convertible debentures were as follows:</font></p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td style="width: 506px; text-align:left;border-color:#000000;min-width:506px;"> </td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 100px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:100px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">Conversion Price </font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 100px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:100px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;">Number of Shares </font></td></tr><tr style="height: 17px"><td style="width: 506px; text-align:left;border-color:#000000;min-width:506px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">3.5% Senior Convertible Debentures due 2034 </font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 100px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 20.77</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 100px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 406,566</font></td></tr><tr style="height: 17px"><td style="width: 506px; text-align:left;border-color:#000000;min-width:506px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">4.0% Senior Subordinated Convertible Debentures due 2034 </font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 100px; text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 20.77</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 100px; text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 13,096,998</font></td></tr><tr style="height: 17px"><td style="width: 506px; text-align:left;border-color:#000000;min-width:506px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">7.25% Senior Subordinated Convertible Debentures due 2037 </font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 100px; text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 27.09</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 100px; text-align:right;border-color:#000000;min-width:100px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 9,226,975</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:10.8px;">For the </font><font style="font-family:Times New Roman;font-size:10pt;">three months ended March 31, 2011</font><font style="font-family:Times New Roman;font-size:10pt;"> and </font><font style="font-family:Times New Roman;font-size:10pt;">2010</font><font style="font-family:Times New Roman;font-size:10pt;">, the interest expense recognized on our Convertible Debentures and the effective interest rates on the liability components were as follows: </font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 15px"><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 410px; text-align:left;border-color:#000000;min-width:410px;"> </td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td colspan="5" style="width: 248px; text-align:center;border-color:#000000;min-width:248px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: center;">Three Months Ended</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td></tr><tr style="height: 15px"><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 410px; text-align:left;border-color:#000000;min-width:410px;"> </td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td colspan="5" style="width: 248px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:248px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: center;">March 31,</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td></tr><tr style="height: 15px"><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 410px; text-align:left;border-color:#000000;min-width:410px;"> </td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td colspan="2" style="width: 122px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:122px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: center;">2011</font></td><td style="width: 3px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:3px;"> </td><td colspan="2" style="width: 123px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:123px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: center;">2010</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td></tr><tr style="height: 15px"><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 410px; text-align:left;border-color:#000000;min-width:410px;"> </td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 12px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:12px;"> </td><td style="width: 110px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:110px;"> </td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 12px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:12px;"> </td><td style="width: 111px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:111px;"> </td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td></tr><tr style="height: 15px"><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 410px; text-align:left;border-color:#000000;min-width:410px;"> </td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td colspan="6" style="width: 251px; text-align:center;border-color:#000000;min-width:251px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: center;">($ in thousands)</font></td></tr><tr style="height: 15px"><td colspan="2" style="width: 413px; text-align:left;border-color:#000000;min-width:413px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;">Interest expense recognized on:</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 110px; text-align:left;border-color:#000000;min-width:110px;"> </td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 111px; text-align:left;border-color:#000000;min-width:111px;"> </td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td></tr><tr style="height: 15px"><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 410px; text-align:left;border-color:#000000;min-width:410px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;">Contractual interest coupon </font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;">$</font></td><td style="width: 110px; text-align:right;border-color:#000000;min-width:110px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: right;"> 7,377</font></td><td style="width: 3px; text-align:right;border-color:#000000;min-width:3px;"> </td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 111px; text-align:right;border-color:#000000;min-width:111px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: right;"> 7,668</font></td><td style="width: 3px; text-align:right;border-color:#000000;min-width:3px;"> </td></tr><tr style="height: 15px"><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 410px; text-align:left;border-color:#000000;min-width:410px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;">Amortization of deferred financing fees </font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 110px; text-align:right;border-color:#000000;min-width:110px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: right;"> 300</font></td><td style="width: 3px; text-align:right;border-color:#000000;min-width:3px;"> </td><td style="width: 12px; text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 111px; text-align:right;border-color:#000000;min-width:111px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: right;"> 373</font></td><td style="width: 3px; text-align:right;border-color:#000000;min-width:3px;"> </td></tr><tr style="height: 15px"><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 410px; text-align:left;border-color:#000000;min-width:410px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;">Amortization of debt discount </font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 110px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:110px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: right;"> 2,604</font></td><td style="width: 3px; text-align:right;border-color:#000000;min-width:3px;"> </td><td style="width: 12px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:12px;"> </td><td style="width: 111px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:111px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: right;"> 2,631</font></td><td style="width: 3px; text-align:right;border-color:#000000;min-width:3px;"> </td></tr><tr style="height: 15px"><td colspan="2" style="width: 413px; text-align:left;border-color:#000000;min-width:413px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;">Total interest expense recognized </font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 12px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:left;border-color:#000000;min-width:12px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;">$</font></td><td style="width: 110px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:110px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: right;"> 10,281</font></td><td style="width: 3px; text-align:right;border-color:#000000;min-width:3px;"> </td><td style="width: 12px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:12px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 111px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:111px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: right;"> 10,672</font></td><td style="width: 3px; text-align:right;border-color:#000000;min-width:3px;"> </td></tr><tr style="height: 15px"><td colspan="2" style="width: 413px; text-align:left;border-color:#000000;min-width:413px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;">Effective interest rate on the liability component:</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 12px; border-top-style:double;border-top-width:3px;text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 110px; border-top-style:double;border-top-width:3px;text-align:left;border-color:#000000;min-width:110px;"> </td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 12px; border-top-style:double;border-top-width:3px;text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 111px; border-top-style:double;border-top-width:3px;text-align:left;border-color:#000000;min-width:111px;"> </td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td></tr><tr style="height: 15px"><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 410px; text-align:left;border-color:#000000;min-width:410px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;">3.5% Senior Convertible Debentures due 2034 </font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 110px; text-align:right;border-color:#000000;min-width:110px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: right;">7.16%</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 111px; text-align:right;border-color:#000000;min-width:111px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: right;">7.16%</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td></tr><tr style="height: 15px"><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 410px; text-align:left;border-color:#000000;min-width:410px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;">4.0% Senior Subordinated Convertible Debentures due 2034 </font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 110px; text-align:right;border-color:#000000;min-width:110px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: right;">7.85%</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 111px; text-align:right;border-color:#000000;min-width:111px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: right;">7.78%</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td></tr><tr style="height: 15px"><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 410px; text-align:left;border-color:#000000;min-width:410px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;">7.25% Senior Subordinated Convertible Debentures due 2037 </font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 110px; text-align:right;border-color:#000000;min-width:110px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: right;">7.79%</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td><td style="width: 12px; text-align:left;border-color:#000000;min-width:12px;"> </td><td style="width: 111px; text-align:right;border-color:#000000;min-width:111px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: right;">7.79%</font></td><td style="width: 3px; text-align:left;border-color:#000000;min-width:3px;"> </td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:11px;">For information on </font><font style="font-family:Times New Roman;font-size:10pt;">the contingent interest feature of the 3.5% Debentures, </font><font style="font-family:Times New Roman;font-size:10pt;">see Note 1</font><font style="font-family:Times New Roman;font-size:10pt;">1</font><font style="font-family:Times New Roman;font-size:10pt;">, </font><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">Borrowings</font><font style="font-family:Times New Roman;font-size:10pt;">, in our audited consolidated financial statements for the year ended</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">December 31, 2010</font><font style="font-family:Times New Roman;font-size:10pt;">, </font><font style="font-family:Times New Roman;font-size:10pt;">included in our Form 10-K.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0px;">FHLB SF Borrowings and FRB Credit Program</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;"> </font><font style="font-family:Times New Roman;font-size:10pt;">CapitalSource Bank is</font><font style="font-family:Times New Roman;font-size:10pt;"> a member of the FHLB SF</font><font style="font-family:Times New Roman;font-size:10pt;">. A</font><font style="font-family:Times New Roman;font-size:10pt;">s of </font><font style="font-family:Times New Roman;font-size:10pt;">March 31, 2011</font><font style="font-family:Times New Roman;font-size:10pt;"> and </font><font style="font-family:Times New Roman;font-size:10pt;">December 31, 2010</font><font style="font-family:Times New Roman;font-size:10pt;">, </font><font style="font-family:Times New Roman;font-size:10pt;">CapitalSource Bank had borrowing capacity with the FHLB SF based on </font><font style="font-family:Times New Roman;font-size:10pt;">pledged</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">collateral </font><font style="font-family:Times New Roman;font-size:10pt;">as follows:</font><font style="font-family:Times New Roman;font-size:10pt;"> </font></p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td style="width: 437px; text-align:left;border-color:#000000;min-width:437px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td colspan="2" style="width: 124px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:124px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">March 31, 2011</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td colspan="2" style="width: 124px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:124px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">December 31, 2010</font></td></tr><tr style="height: 5px"><td style="width: 437px; text-align:left;border-color:#000000;min-width:437px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 11px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:11px;"> </td><td style="width: 113px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:113px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 11px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:11px;"> </td><td style="width: 113px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:113px;"> </td></tr><tr style="height: 17px"><td style="width: 437px; text-align:left;border-color:#000000;min-width:437px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td colspan="5" style="width: 259px; text-align:center;border-color:#000000;min-width:259px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">($ in thousands)</font></td></tr><tr style="height: 17px"><td style="width: 437px; text-align:left;border-color:#000000;min-width:437px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Borrowing capacity</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 113px; text-align:right;border-color:#000000;min-width:113px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: right;"> 879,846</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;">$</font></td><td style="width: 113px; text-align:right;border-color:#000000;min-width:113px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: right;"> 885,842</font></td></tr><tr style="height: 17px"><td style="width: 437px; text-align:left;border-color:#000000;min-width:437px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Less: outstanding principal</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 113px; text-align:right;border-color:#000000;min-width:113px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: right;"> (400,000)</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 113px; text-align:right;border-color:#000000;min-width:113px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: right;"> (412,000)</font></td></tr><tr style="height: 17px"><td style="width: 437px; text-align:left;border-color:#000000;min-width:437px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Less: outstanding letters of credit</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 11px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 113px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:113px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: right;"> (600)</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 11px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 113px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:113px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: right;"> (600)</font></td></tr><tr style="height: 18px"><td style="width: 437px; text-align:left;border-color:#000000;min-width:437px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Unused borrowing capacity</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 11px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:left;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 113px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:113px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: right;"> 479,246</font></td><td style="width: 11px; text-align:left;border-color:#000000;min-width:11px;"> </td><td style="width: 11px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:left;border-color:#000000;min-width:11px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;">$</font></td><td style="width: 113px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:113px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 9pt;COLOR: #000000;TEXT-ALIGN: right;"> 473,242</font></td></tr></table></div><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:10.8px;">CapitalSource Bank is an approved depository institution </font><font style="font-family:Times New Roman;font-size:10pt;">under the primary credit program of the FRB of San Francisco's discount window eligible to borrow from the FRB for </font><font style="font-family:Times New Roman;font-size:10pt;">short periods, </font><font style="font-family:Times New Roman;font-size:10pt;">generally</font><font style="font-family:Times New Roman;font-size:10pt;"> overnight</font><font style="font-family:Times New Roman;font-size:10pt;">.</font><font style="font-family:Times New Roman;font-size:10pt;"> A</font><font style="font-family:Times New Roman;font-size:10pt;">s of </font><font style="font-family:Times New Roman;font-size:10pt;">March 31, 2011</font><font style="font-family:Times New Roman;font-size:10pt;"> and </font><font style="font-family:Times New Roman;font-size:10pt;">December 31, 2010</font><font style="font-family:Times New Roman;font-size:10pt;">, collateral with amortized costs of </font><font style="font-family:Times New Roman;font-size:10pt;">$176.0</font><font style="font-family:Times New Roman;font-size:10pt;"> million and $179.0 million, respectively, and fair values of </font><font style="font-family:Times New Roman;font-size:10pt;">$181.9</font><font style="font-family:Times New Roman;font-size:10pt;"> million and $188.0 million, respectively, had been pledged under this program.</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">As of </font><font style="font-family:Times New Roman;font-size:10pt;">March 31, 2011</font><font style="font-family:Times New Roman;font-size:10pt;"> and </font><font style="font-family:Times New Roman;font-size:10pt;">December 31, 2010</font><font style="font-family:Times New Roman;font-size:10pt;">,</font><font style="font-family:Times New Roman;font-size:10pt;"> there were no borrowings outstanding.</font></p>Note 10.  Borrowings For additional information on our borrowings, see Note 11, Borrowings, in our audited consolidated financialfalsefalsefalsefalsefalse | Otherus-types:textBlockItemTypestringInformation about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 19, 20, 22
-Article 5
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 129
-Paragraph 2, 4
falsefalse
12BorrowingsUnKnownUnKnownUnKnownUnKnownfalsetrue