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Securitization Notes Payable (Tables)
12 Months Ended
Dec. 31, 2011
Securitization Notes Payable [Abstract]  
Securitizations Notes Payable [Table Text Block]
ritization notes payable 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
December 31, 2012
 
Note Balance at December 31, 2011
2006
 
January 2014
 

 
$
1,200,000

 


 
5.4
%
 


 
 
 
 
 
$
63,293

2007
 
October 2013
-
March 2016
 
1,000,000

-
1,500,000

 
5.2
%
-
5.5
%
 
 
 
 
 
793,732

2008

January 2015
-
April 2015

500,000


 

8.7
%
-
10.5
%

$
147,026


$
24,126

 
171,224

2009

January 2016
-
July 2017

227,493

-
725,000


2.7
%
-
7.5
%

207,409


159,832

 
297,522

2010

July 2017
-
April 2018

200,000

-
850,000


2.2
%
-
3.8
%

1,229,587


1,095,208

 
1,756,455

2011

July 2018
-
March 2019

800,000

-
1,000,000


2.4
%
-
2.9
%

2,728,474


2,518,578

 
3,813,191

2012(b) 

June 2019
-
May 2020

800,000

-
1,300,000


1.4
%
-
2.9
%

5,589,512


5,214,414

 
 


















$
9,902,008


9,012,158

 
6,895,417

Purchase accounting premium
 
 
 
 
 










11,150

 
42,424

Total




















$
9,023,308

 
$
6,937,841

_________________  
(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. Expected principal payments are $3,406.2 million in fiscal 2013, $2,324.0 million in fiscal 2014, $1,771.6 million in fiscal 2015, $1,073.2 million in fiscal 2016 and $437.8 million in fiscal 2017.
(b)
Includes private sale of asset-backed securities.
At t