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Debt (Tables)
3 Months Ended
Mar. 31, 2018
Debt Disclosure [Abstract]  
Summary of Outstanding Debt
The following table summarizes our outstanding debt as of March 31, 2018 and December 31, 2017 (in thousands):
 
 
 
 
 
 
 
Outstanding

Type
 
Maturity Date
 
Weighted Average Interest Rate at March 31, 2018
 
March 31, 2018
 
December 31, 2017
Funding Debt:
 
 
 
 
 
 
 
 
 
ODAST II Agreement
Securitization
 
May 2020 (1)
 
4.7%
 
$
250,000

 
$
250,000

ODART Agreement
Revolving
 
March 2019
 
4.4%
 
112,499

 
102,058

RAOD Agreement
Revolving
 
November 2018
 
5.1%
 
98,983

 
86,478

ODAC Agreement
Revolving
 
May 2019
 
9.0%
 
75,454

 
62,350

ODAF Agreement
Revolving
 
February 2020 (2)
 
8.9%
 
75,000

 
75,000

PORT II Agreement
Revolving
 
December 2018
 
4.3%
 
72,630

 
63,851

Other Agreements
Various
 
Various (3)
 
Various
 
50,378

 
50,706

 
 
 
 
 
 
 
734,944

 
690,443

Deferred debt issuance cost
 
 
 
 
 
 
(4,920
)
 
(6,174
)
Total Funding Debt
 
 
 
 
 
 
730,024

 
684,269

 
 
 
 
 
 
 
 
 
 
Corporate Debt:
 
 
 
 
 
 
 
 
 
Square 1 Agreement
Revolving
 
October 2018
 
6.0%
 
8,000

 
8,000

Deferred debt issuance cost
 
 
 
 
 
 
(31
)
 
(15
)
Total Corporate Debt
 
 
 
 
 
 
7,969

 
7,985

 
(1) In April 2018, we issued $225 million of debt in a new securitization transaction. The net proceeds were used, together with other available funds, to voluntarily prepay in full all $250 million of the prior ODAST II Notes. See Note 10, "Subsequent Events" of Notes to Unaudited Condensed Consolidated Financial Statements.
(2) The period during which new borrowings may be made under this debt facility expires in February 2019.
(3) Maturity dates range from April 2018 through November 2020.