Securitizations and Term Debt Financings (Tables)

9 Months Ended

Sep. 30, 2012

Debt Disclosure [Abstract]

Outstanding amounts of secured and unsecured term debt financings

The outstanding amounts of our secured and unsecured term debt financings were as follows:

	At December 31, 2011		At September 30, 2012
Debt Obligation	Outstanding Borrowings		Outstanding Borrowings		Interest Rate(1)	Final Stated Maturity(2)
Secured Debt Financings:
Securitization No. 1	$	387,124	$	323,266	0.49%	06/20/31
Securitization No. 2	891,452		807,699		0.54%	06/14/37
Term Financing No. 1	595,076		—		—%	N/A
ECA Term Financings	536,107		581,823		2.65% to 3.96%	12/03/21 to 04/03/24
Bank Financings	126,000		116,095		4.22% to 4.57%	09/15/15 to 10/26/17
Total secured debt financings	2,535,759		1,828,883
Unsecured Debt Financings:
Senior Notes due 2017	—		500,000		6.75%	04/15/17
Senior Notes due 2018	450,757		450,671		9.75%	08/01/18
Senior Notes due 2020	—		300,000		7.625%	04/15/20
2010 Revolving Credit Facility	—		—		N/A	09/28/13
Total unsecured debt financings	450,757		1,250,671
Total secured and unsecured debt financings	$	2,986,516	$	3,079,554

(1) Reflects floating rate in effect at the applicable reset date plus the margin except for the ECA Term Financings, Bank Financings and the Senior Notes due 2017, 2018 and 2020, which are fixed rate.

(2) For Securitization No. 1 and Securitization No. 2, all cash flows available after expenses and interest is applied to debt amortization.

Securitizations and term debt financing structures including liquidity facility commitments

The following securitizations include liquidity facility commitments described in the table below: 

		Available Liquidity
Facility	Liquidity Facility Provider	December 31, 2011		September 30, 2012		Unused Fee	Interest Rate on any Advances
Securitization No. 1	Crédit Agricole Corporate and Investment Bank	$	42,000	$	42,000	0.45%	1M Libor + 1.00
Securitization No. 2	HSH Nordbank AG	66,859		65,000		0.50%	1M Libor + 0.75