XML 33 R52.htm IDEA: XBRL DOCUMENT v2.4.0.8
Debt - Schedule of Credit Facilities (Details) (USD $)
6 Months Ended 12 Months Ended
Jun. 30, 2014
Dec. 31, 2013
Line Of Credit Facility [Line Items]    
Utilized Balance $ 7,762,950,000 [1] $ 8,099,773,000
Committed Amount 15,707,974,000 15,273,673,000
Assets Pledged 5,788,302,000 4,490,044,000
Restricted Cash Pledged 103,287,000 89,118,000
Line of Credit Warehouse Facility One
   
Line Of Credit Facility [Line Items]    
Maturity Date 2014-07 [2] 2014-06
Utilized Balance 109,461,000 [2] 483,738,000
Committed Amount 500,000,000 [2] 500,000,000
Effective Rate 2.05% [2] 0.82%
Assets Pledged 158,591,000 [2] 757,352,000
Restricted Cash Pledged 172,000 [2] 0
Line of Credit Warehouse Facility Two
   
Line Of Credit Facility [Line Items]    
Maturity Date Various (b) [3] Various
Utilized Balance 552,268,000 159,300,000
Committed Amount 1,235,038,000 1,219,474,000
Effective Rate 1.14% 3.62%
Assets Pledged 816,330,000 232,015,000
Restricted Cash Pledged 25,768,000 3,667,000
Line of Credit Warehouse Facility Three
   
Line Of Credit Facility [Line Items]    
Maturity Date 2016-01 [4] 2015-04
Utilized Balance 1,318,088,000 [4] 613,600,000
Committed Amount 4,550,000,000 [4] 4,550,000,000
Effective Rate 1.15% [4] 2.12%
Assets Pledged 1,756,086,000 [4] 745,759,000
Restricted Cash Pledged 35,685,000 [4] 15,184,000
Line of Credit Warehouse Facility Four
   
Line Of Credit Facility [Line Items]    
Maturity Date 2015-12 2015-06
Utilized Balance 464,037,000 1,360,070,000
Committed Amount 2,000,000,000 2,000,000,000
Effective Rate 2.18% 0.96%
Assets Pledged 570,306,000 1,672,082,000
Restricted Cash Pledged 11,993,000 42,510,000
Line of Credit Warehouse Facility Five
   
Line Of Credit Facility [Line Items]    
Maturity Date 2015-07 2015-07
Utilized Balance 153,515,000 495,786,000
Committed Amount 500,000,000 500,000,000
Effective Rate 1.64% 0.85%
Assets Pledged 191,391,000 598,754,000
Restricted Cash Pledged 7,532,000 25,056,000
Line of Credit Warehouse Facility Six
   
Line Of Credit Facility [Line Items]    
Maturity Date 2015-09 [5] 2015-09
Utilized Balance 196,880,000 [5] 73,080,000
Committed Amount 200,000,000 [5] 200,000,000
Effective Rate 1.97% [5] 2.84%
Assets Pledged 290,043,000 [5] 76,807,000
Restricted Cash Pledged 12,054,000 [5] 2,701,000
Repurchase Facilities
   
Line Of Credit Facility [Line Items]    
Maturity Date Various [6] Various
Utilized Balance 747,342,000 [6] 879,199,000
Committed Amount 747,342,000 [6] 879,199,000
Effective Rate 1.52% [6] 1.59%
Assets Pledged 844,305,000 [6] 0
Restricted Cash Pledged 0 [6] 0
Line of Credit Warehouse Facility Seven
   
Line Of Credit Facility [Line Items]    
Maturity Date 2015-12 2015-12
Utilized Balance 495,765,000 210,000,000
Committed Amount 750,000,000 750,000,000
Effective Rate 0.91% 1.84%
Assets Pledged 675,143,000 302,632,000
Restricted Cash Pledged 10,083,000 0
Line of Credit Warehouse Facility Eight
   
Line Of Credit Facility [Line Items]    
Maturity Date 2016-11 [7] 2016-11
Utilized Balance 175,000,000 [7] 175,000,000
Committed Amount 175,000,000 [7] 175,000,000
Effective Rate 1.71% [7] 1.72%
Assets Pledged 0 [7]  
Restricted Cash Pledged 0 [7] 0
Line of Credit Warehouse Facility Nine
   
Line Of Credit Facility [Line Items]    
Maturity Date 2015-03 [8]  
Utilized Balance 250,594,000 [8]  
Committed Amount 250,594,000 [8]  
Effective Rate 0.99% [8]  
Assets Pledged 296,929,000 [8]  
Restricted Cash Pledged 0 [8]  
Total Facilities with Third Parties
   
Line Of Credit Facility [Line Items]    
Utilized Balance 4,462,950,000 4,449,773,000
Committed Amount 10,907,974,000 10,773,673,000
Assets Pledged 5,599,124,000 4,385,401,000
Restricted Cash Pledged 103,287,000 89,118,000
Line of Credit Facility One
   
Line Of Credit Facility [Line Items]    
Maturity Date 2016-12 [9] 2016-12
Utilized Balance 500,000,000 [9] 500,000,000
Committed Amount 500,000,000 [9] 500,000,000
Effective Rate 2.45% [9] 2.48%
Assets Pledged 1,623,000 [9] 10,674,000
Restricted Cash Pledged 0 [9] 0
Line of Credit Facility Two
   
Line Of Credit Facility [Line Items]    
Maturity Date 2018-12 [9] 2018-12
Utilized Balance 0 [9]  
Committed Amount 500,000,000 [9] 500,000,000
Effective Rate 0.25% [9] 3.10%
Assets Pledged 0 [9] 0
Restricted Cash Pledged 0 [9] 0
Line Of Credit Facility Three
   
Line Of Credit Facility [Line Items]    
Maturity Date 2016-12 [9] 2016-12
Utilized Balance 1,750,000,000 [9] 1,750,000,000
Committed Amount 1,750,000,000 [9] 1,750,000,000
Effective Rate 2.26% [9] 2.09%
Assets Pledged 0 [9] 0
Restricted Cash Pledged 0 [9] 0
Line Of Credit Facility Four
   
Line Of Credit Facility [Line Items]    
Maturity Date 2018-12 [9] 2018-12
Utilized Balance 750,000,000 [9] 1,400,000,000
Committed Amount 1,750,000,000 [9] 1,750,000,000
Effective Rate 2.59% [9] 2.58%
Assets Pledged 187,555,000 [9] 93,969,000
Restricted Cash Pledged 0 [9] 0
Line of Credit Facility Five
   
Line Of Credit Facility [Line Items]    
Maturity Date 2017-03 [9]  
Utilized Balance 300,000,000 [9]  
Committed Amount 300,000,000 [9]  
Effective Rate 1.70% [9]  
Assets Pledged 0 [9]  
Restricted Cash Pledged 0 [9]  
Total Facilities with Santander and Related Subsidiaries
   
Line Of Credit Facility [Line Items]    
Utilized Balance 3,300,000,000 [9] 3,650,000,000
Committed Amount 4,800,000,000 [9] 4,500,000,000 [7],[8]
Assets Pledged 189,178,000 [9] 104,643,000
Restricted Cash Pledged $ 0 [9] $ 0
[1] Notes payable — credit facilities — The carrying amount of notes payable related to revolving credit facilities is estimated to approximate fair value as of June 30, 2014 and December 31, 2013. Management believes that the terms of these credit agreements approximate market terms for similar credit agreements. The fair value of notes payable is considered a Level 3 measurement.
[2] In July 2014, the maturity date of this facility was extended to June 2015.
[3] Half of the outstanding balance on this facility matures in March 2015 and half in March 2016.
[4] This line is held exclusively for Chrysler Capital retail loan and lease financing, with lease financing comprising no more than 50% of the outstanding balance upon advance. In July 2014, the committed amount was reduced to $4.3 billion and the maturity date was extended to June 2016.
[5] This line is held exclusively for unsecured consumer term loans.
[6] The repurchase facility is also collateralized by securitization notes payable retained by the Company. No portion of this facility is unsecured. This facility has rolling 30-day and 90-day maturities.
[7] This line is collateralized by residuals retained by the Company.
[8] This line is collateralized by securitization notes payable retained by the Company.
[9] These lines are also collateralized by securitization notes payable and residuals retained by the Company. As of June 30, 2014 and December 31, 2013, $1,569,930 and $1,123,354, respectively, of the aggregate outstanding balances on these facilities were unsecured.