Secured Borrowings (Tables)

12 Months Ended

Dec. 31, 2012

Secured Borrowings

Schedule of secured borrowings

			December 31, 2012					December 31, 2011
(In thousands of dollars)						Outstanding Balance		Facility Limit			Outstanding Balance
Description	Expiration Date		Facility Limit
Credit Facility No. 1		March 10, 2012	$	—		$	—	$	75,000		$	68,756
Credit Facility No. 2		See below		45,000			32,510		75,000			49,704
Credit Facility No. 3		See below		45,000			32,398		100,000			92,802
			$	90,000	(1)	$	64,908	$	250,000	(1)	$	211,262
Accelerated Purchase Facility		March 10, 2012		—			—		50,000			2,349
Total			$	90,000		$	64,908	$	300,000		$	213,611

(1)

Committed capacity under the facilities was $0 million and $100 million as of December 31, 2012 and December 31, 2011, respectively.