5. Interest Income and Interest Expense

3 Months Ended

Mar. 31, 2020

Warehouse lines of credit [Member]

Interest Income and Interest Expense

(5) Interest Income and Interest Expense

The following table presents the components of interest income:

	Three Months Ended
	March 31,
	2020			2019
	(In thousands)
Interest on finance receivables	$	37,807		$	62,290
Interest on finance receivables at fair value		40,806			22,815
Mark to finance receivables measured at fair value		(10,350	)		–
Other interest income		523			740
Interest income	$	68,786		$	85,845

The following table presents the components of interest expense:

	Three Months Ended
	March 31,
	2020		2019
	(In thousands)
Securitization trust debt	$	23,798	$	23,988
Warehouse lines of credit		1,763		2,020
Residual interest financing		938		956
Subordinated renewable notes		492		326
Interest expense	$	26,991	$	27,290