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Debt (Tables)
3 Months Ended
Mar. 31, 2017
Debt Disclosure [Abstract]  
Summary of Outstanding Debt
The following table summarizes our outstanding debt as of March 31, 2017 and December 31, 2016 (in thousands):
 
Description
Type
 
Maturity Date
 
Weighted Average Interest
Rate at March 31, 2017
 
March 31, 2017
 
December 31, 2016
Funding Debt:
 
 
 
 
 
 
 
 
 
ODAST II Agreement
Securitization Facility
 
May 2020 (1)
 
4.7%
 
250,000

 
250,000

ODART Agreement
Revolving
 
March 2019
 
3.5%
 
162,353

 
133,767

RAOD Agreement
Revolving
 
May 2017
 
3.9%
 
99,985

 
99,985

ODAF I Agreement
Revolving
 
February 2020
 
8.0%
 
112,500

 
100,000

ODAC Agreement
Revolving
 
May 2017 (2)
 
10.2%
 
68,252

 
65,486

PORT II Agreement
Revolving
 
December 2018
 
3.7%
 
74,664

 
52,397

Other Agreements
Various
 
Various (3)
 
Various
 
27,864

 
30,887

 
 
 
 
 
 
 
795,618

 
732,522

Deferred Debt Issuance Cost
 
 
 
 
 
 
(7,579
)
 
(5,883
)
Total Funding Debt
 
 
 
 
 
 
788,039

 
726,639

 
 
 
 
 
 
 
 
 
 
Corporate Debt:
 
 
 
 
 
 
 
 
 
Square 1 Agreement
Revolving
 
October 2018
 
5.3%
 
28,000

 
28,000

Deferred Debt Issuance Cost
 
 
 
 
 
 
(29
)
 
(34
)
Total Corporate Debt
 
 
 
 
 
 
27,971

 
27,966

 
(1) 
The period during which remaining cash flow can be used to purchase additional loans expires April 2018.
(2) 
Subsequent to March 31, 2017, the maturity date was extended to May 3, 2019 as described below.
(3) 
Maturity dates range from April 2017 through December 2018.