Variable Interest Entities (Tables)

12 Months Ended

Dec. 31, 2012

Consolidated VIEs

Variable interest entities

Schedule of the carrying amount and classification of assets and liabilities of consolidated VIEs included in consolidated balance sheet

(Dollars in thousands)	Special-Purpose Investment VIEs
Cash	$	24,066
Portfolio Assets, net		42,056
Loans receivable		33,111
Equity investments		21,640
Other assets		32,954
Total assets of consolidated VIEs(1)	$	153,827
Notes payable(2)	$	71,718
Other liabilites(2)		18,210
Total liabilities of consolidated VIEs	$	89,928

(1)

These assets can only be used to settle the liabilities of these consolidated VIEs.

(2)

Includes $26.5 million of notes payable and $18.2 million of other liabilities for which creditors do not have recourse to FirstCity.

Unconsolidated VIEs

Variable interest entities

Schedule of the carrying amount and classification of assets and liabilities of consolidated VIEs included in consolidated balance sheet

	Assets on FirstCity's Consolidated Balance Sheet
						FirstCity's Maximum Exposure to Loss(1)
Type of VIE	Loans Receivable		Equity Investment
	(Dollars in thousands)
Acquisition Partnership VIEs	$	—	$	(1,076	)	$	980
Operating Entity VIEs		7,419		574			7,993
Total	$	7,419	$	(502	)	$	8,973

(1)

Includes maximum exposure to loss attributable to FirstCity's debt guarantees provided for certain Acquisition Partnership VIEs.