Debt (Tables)

9 Months Ended

Sep. 30, 2020

Debt [Abstract]

Lines-Of-Credit And Notes Payable

	As of
	September 30, 2020					December 31, 2019
	Balance		Interest ‎Rate	Carrying ‎Amount of ‎Pledged ‎Assets		Balance		Interest ‎Rate	Carrying ‎Amount of ‎Pledged ‎Assets
NBA Éilan Loan		16,973	3.50%		28,235		18,820	4.95%		31,259
Fifth Third Syndicated LOC		50,000	2.39%		74,028		30,000	3.85%		49,062
Fifth Third Syndicated Term Loan		95,000	2.56%		140,654		98,750	3.71%		161,497
Unamortized debt issuance costs		(1,302)	—		—		(1,410)	—		—
Total	$	160,671		$	242,917	$	146,160		$	241,818

Receivable-Backed Notes Payable

	As of
	September 30, 2020					December 31, 2019
	Debt ‎Balance		Interest ‎Rate	Principal ‎Balance of ‎Pledged/ ‎Secured ‎Receivables		Debt ‎Balance		Interest ‎Rate	Principal ‎Balance of ‎Pledged/ ‎Secured ‎Receivables
Receivable-backed notes ‎   payable - recourse:
Liberty Bank Facility (1)	$	19,715	3.40%	$	26,263	$	25,860	4.75%	$	31,681
NBA Receivables Facility (2)		33,389	3.35%		42,792		32,405	4.55%		39,787
Pacific Western Facility (1)		24,313	3.03%		31,241		30,304	4.68%		37,809
Total		77,417			100,296		88,569			109,277
Receivable-backed notes ‎   payable - non-recourse:
KeyBank/DZ Purchase Facility	$	60,981	2.50%	$	77,140	$	31,708	3.99%	$	39,448
Quorum Purchase Facility		34,240	4.75-5.50%		39,876		44,525	4.75-5.50%		49,981
2012 Term Securitization		5,025	2.94%		6,162		8,638	2.94%		9,878
2013 Term Securitization		13,286	3.20%		15,139		18,219	3.20%		19,995
2015 Term Securitization		24,302	3.02%		26,998		31,188	3.02%		33,765
2016 Term Securitization		37,952	3.35%		43,794		48,529	3.35%		54,067
2017 Term Securitization		54,507	3.12%		62,877		65,333	3.12%		74,219
2018 Term Securitization		77,148	4.02%		90,088		91,231	4.02%		103,974
Unamortized debt issuance costs		(4,140)	---		—		(5,125)	---		—
Total		303,301			362,074		334,246			385,327
Total receivable-backed debt	$	380,718		$	462,370	$	422,815		$	494,604

Junior Subordinated Debentures Outstanding

Financial data relating to our junior subordinated debentures was as follows (dollars in thousands):

Trust	Carrying Value ‎ as of September 30, 2020 (1)		Initial ‎Equity in ‎ Trust (2)		Issue ‎Date	Interest ‎Rate	Interest ‎Rate at ‎September 30, ‎2020	Maturity ‎Date	Carrying Value ‎ as of December 31, 2019 (1)
BST I	$	15,190	$	355	3/15/2005	3-month LIBOR ‎+ 4.90%	5.21%	3/30/2035	$	15,059
BST II		17,007		401	5/4/2005	3-month LIBOR ‎ + 4.85%	5.12%	7/30/2035		16,862
BST III		6,879		164	5/10/2005	3-month LIBOR ‎ + 4.85%	5.12%	7/30/2035		6,823
BST IV		10,128		237	4/24/2006	3-month LIBOR ‎+ 4.85%	5.16%	6/30/2036		10,040
BST V		10,128		237	7/21/2006	3-month LIBOR ‎+ 4.85%	5.16%	9/30/2036		10,040
BST VI		13,378		311	2/26/2007	3-month LIBOR ‎+ 4.80%	5.07%	4/30/2037		13,257
	$	72,710	$	1,705					$	72,081

(1)Outstanding balance is reduced by purchase accounting adjustments totaling $38.1 million and $38.7 million as of September 30, 2020 and December 31, 2019, respectively.

(2)Initial Equity in Trust is recorded as part of other assets in the unaudited consolidated balance sheets.