Quarterly report pursuant to Section 13 or 15(d)

SPIN-OFF OF NEW RESIDENTIAL (Details Narrative)

v2.4.0.8
SPIN-OFF OF NEW RESIDENTIAL (Details Narrative) (USD $)
In Thousands, unless otherwise specified
0 Months Ended 6 Months Ended 0 Months Ended
Apr. 02, 2013
Integer
Jun. 30, 2013
Jun. 30, 2012
May 15, 2013
New Residential Spin-Off
Apr. 02, 2013
Springleaf Finance, Inc.
Apr. 02, 2013
Affilate of Blackstone Tactical Opportunities Advisors LLC
UPB of Consumer Loans $ 4,200,000          
Number of loans 400,000          
Contributions to equity method investees 250,000 386,502         
Ownership percentage in equity method investees 30.00%          
Percentage of portfolio co-invested by other parties 70.00%       47.00% 23.00%
Purchase price of portfolio financed by asset-backed notes 2,200,000          
Purchase price of portfolio 3,000,000          
Reduction in basis for management fee computation       $ 1,200,000