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Securitization Notes Payable (Tables)
9 Months Ended
Sep. 30, 2012
Securitization Notes Payable [Abstract]  
Securitizations Notes Payable [Table Text Block]
Securitization notes payable as of September 30, 2012, consists of the following (dollars in thousands): 
Year of Transaction

Maturity
Date (a)

Original
Note
Amounts

Original
Weighted
Average
Interest
Rate

Receivables
Pledged

Note
Balance At
September 30, 2012
2008

October 2014
-
April 2015

$
500,000

-
$
750,000


6.0
%
-
10.5
%

$
281,734


$
104,823

2009

January 2016
-
July 2017

227,493

-
725,000


2.7
%
-
7.5
%

250,771


188,389

2010

July 2017
-
April 2018

200,000

-
850,000


2.2
%
-
3.8
%

1,394,077


1,234,762

2011

July 2018
-
March 2019

800,000

-
1,000,000


2.4
%
-
2.9
%

3,037,396


2,797,680

2012(b) 

June 2019
-
February 2020

800,000

-
1,300,000


1.5
%
-
2.9
%

4,973,626


4,662,831



















$
9,937,604


8,988,485

Purchase accounting premium
 
 
 
 
 










16,718

Total




















$
9,005,203

_________________  
(a)
Maturity date represents final legal maturity of securitization notes payable. Securitization notes payable are expected to be paid based on amortization of the finance receivables pledged to the Trusts.
(b)
Includes private sale of asset-backed securities.