Secured Borrowings (Tables)

9 Months Ended

Sep. 30, 2012

Secured Borrowings

Schedule of secured borrowings

(In thousands of dollars)

		September 30, 2012					December 31, 2011
Description	Current Year Expiration Date	Facility Limit			Outstanding Balance		Facility Limit			Outstanding Balance
Credit Facility No. 1	March 10, 2012	$	—		$	—	$	75,000		$	68,756
Credit Facility No. 2	November 14, 2012	45,000			33,054		75,000			49,704
Credit Facility No. 3	November 14, 2012	45,000			33,521		100,000			92,802
		$	90,000	(1)	$	66,575	$	250,000	(1)	$	211,262
Accelerated Purchase Facility	March 10, 2012	—			—		50,000			2,349
Total		$	90,000		$	66,575	$	300,000		$	213,611

(1)Committed capacity under the facilities was $0 million and $100 million as of September 30, 2012 and December 31, 2011, respectively.