5. Interest Income and Interest Expense

9 Months Ended

Sep. 30, 2015

Interest Income And Interest Expense

Interest Income and Interest Expense

(5) Interest Income and Interest Expense

The following table presents the components of interest income:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2015		2014		2015		2014
	(In thousands)				(In thousands)
Interest on finance receivables	$	90,564	$	73,781	$	257,757	$	206,761
Residual interest income		20		84		85		320
Other interest income		–		–		1		1
Interest income	$	90,584	$	73,865	$	257,843	$	207,082

The following table presents the components of interest expense:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2015		2014		2015		2014
	(In thousands)				(In thousands)
Securitization trust debt	$	12,466	$	9,582	$	35,012	$	28,279
Warehouse lines of credit		1,644		1,531		4,376		3,646
Senior secured debt, related party		–		–		–		1,651
Debt secured by receivables at fair value		–		150		–		683
Residual interest financing		338		462		1,111		1,545
Subordinated renewable notes		400		514		1,210		1,758
Interest expense	$	14,848	$	12,239	$	41,709	$	37,562