Santander Consumer USA (SC) 10-Q 27 Oct 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Oct. 19, 2016
Document And Entity Information [Abstract]
Entity Registrant Name	Santander Consumer USA Holdings Inc.
Entity Central Index Key	1,580,608
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Jun. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Common Stock, Shares Outstanding		358,338,399

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Assets
Cash and cash equivalents - $2,754 and zero held at affiliates, respectively	$ 78,049	$ 18,893
Finance receivables held for sale, net	2,859,996	2,859,575
Finance receivables held for investment, net	23,477,426	23,367,788
Restricted cash - $16,303 and $39,436 held at affiliates, respectively	2,712,841	2,236,329
Accrued interest receivable	382,138	395,387
Leased vehicles, net	8,065,227	6,497,310
Furniture and equipment, net of accumulated depreciation of $41,333 and $50,409, respectively	61,666	58,007
Federal, state and other income taxes receivable	73,506	267,636
Related party taxes receivable	85	71
Goodwill	74,056	74,056
Intangible assets, net of amortization of $32,253 and $28,422, respectively	33,681	33,016
Due from affiliates	53,000	58,599
Other assets	618,940	582,291
Total assets	38,490,611	36,448,958
Liabilities:
Notes payable — credit facilities	7,005,116	6,902,779
Notes payable — secured structured financings	22,493,245	20,872,900
Notes payable — related party	2,350,000	2,600,000
Accrued interest payable	31,045	22,544
Accounts payable and accrued expenses	327,157	413,269
Federal, state and other income taxes payable	2,532	2,462
Deferred tax liabilities, net	1,107,714	881,225
Due to affiliates	69,575	58,148
Other liabilities	227,515	263,082
Total liabilities	33,613,899	32,016,409
Commitments and contingencies (Notes 5 and 10)
Equity:
Common stock, $0.01 par value - 1,100,000,000 shares authorized; 358,391,712 and 358,014,870 shares issued and 358,322,707 and 357,945,865 shares outstanding, respectively	3,583	3,579
Additional paid-in capital	1,649,557	1,644,151
Accumulated other comprehensive income (loss), net	(50,766)	2,125
Retained earnings	3,274,338	2,782,694
Total stockholders’ equity	4,876,712	4,432,549
Total liabilities and equity	38,490,611	36,448,958
Variable Interest Entities
Assets
Finance receivables held for sale, net	1,607,236	1,539,686
Finance receivables held for investment, net	22,386,326	22,658,626
Restricted cash - $16,303 and $39,436 held at affiliates, respectively	2,026,940	1,842,877
Leased vehicles, net	8,065,227	6,497,310
Other assets	580,634	630,017
Total assets	34,666,363	33,168,516
Liabilities:
Notes payable	30,967,253	30,611,019
Other liabilities	90,097	85,844
Total liabilities	$ 31,057,350	$ 30,696,863

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Cash and cash equivalents held for affiliates	$ 2,754	$ 0
Restricted cash held for affiliates	16,303	39,436
Accumulated depreciation	41,333	50,409
Accumulated amortization	$ 32,253	$ 28,422
Common stock, par value (in usd per share)	$ 0.01	$ 0.01
Common stock, shares authorized	1,100,000,000	1,100,000,000
Common stock, shares issued	358,391,712	358,014,870
Common stock, shares outstanding	358,322,707	357,945,865

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Statement [Abstract]
Interest on finance receivables and loans	$ 1,271,741	$ 1,283,651	$ 2,557,936	$ 2,476,672
Leased vehicle income	368,358	243,857	698,150	475,473
Other finance and interest income	3,890	6,738	7,802	14,079
Total finance and other interest income	1,643,989	1,534,246	3,263,888	2,966,224
Interest expense — Including $28,997, $42,450, $60,683 and $86,466 to affiliates, respectively	198,594	150,622	383,329	299,478
Leased vehicle expense	243,140	168,767	464,500	343,620
Net finance and other interest income	1,202,255	1,214,857	2,416,059	2,323,126
Provision for credit losses	511,921	579,379	1,172,091	1,211,226
Net finance and other interest income after provision for credit losses	690,334	635,478	1,243,968	1,111,900
Profit sharing	17,846	21,501	29,240	35,017
Net finance and other interest income after provision for credit losses and profit sharing	672,488	613,977	1,214,728	1,076,883
Investment gains (losses), net	(101,309)	89,721	(170,365)	111,314
Servicing fee income — Including $5,055, $3,991, $9,131 and $9,015 from affiliates, respectively	42,988	28,043	87,482	52,846
Fees, commissions, and other — Including $225, $3,032, $450 and $8,881 from affiliates, respectively	95,623	96,936	197,743	200,734
Total other income	37,302	214,700	114,860	364,894
Compensation expense	123,344	110,973	243,186	211,513
Repossession expense	68,351	55,470	141,896	114,296
Other operating costs — Including $24, $5,307, $4,486 and $5,678 to affiliates, respectively	80,532	89,065	178,001	177,531
Total operating expenses	272,227	255,508	563,083	503,340
Income before income taxes	437,563	573,169	766,505	938,437
Income tax expense	154,218	208,454	274,861	331,277
Net income	283,345	364,715	491,644	607,160
Other comprehensive income (loss):
Change in unrealized gains (losses) on cash flow hedges, net of tax of $8,745, ($2,063), $31,478 and $5,559, respectively	(14,701)	3,564	(52,891)	(9,279)
Comprehensive income	$ 268,644	$ 368,279	$ 438,753	$ 597,881
Net income per common share (basic) (in usd per share)	$ 0.79	$ 1.03	$ 1.37	$ 1.72
Net income per common share (diluted) (in usd per share)	$ 0.79	$ 1.02	$ 1.37	$ 1.71
Weighted average common shares (basic) (in shares)	358,218,378	355,091,818	358,096,634	352,272,552
Weighted average common shares (diluted) (in shares)	359,867,806	359,193,738	359,426,918	355,932,481

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Statement [Abstract]
Interest expense to affiliates	$ 28,997	$ 42,450	$ 60,683	$ 86,466
Servicing fee income from affiliates	5,055	3,991	9,131	9,015
Fees, commissions and other from affiliates	225	3,032	450	8,881
Other operating costs to affiliates	24	5,307	4,486	5,678
Change in unrealized gains (losses) on cash flow hedges, tax	$ 8,745	$ (2,063)	$ 31,478	$ 5,559

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (Unaudited) - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-In Capital	Accumulated Other Comprehensive Income (Loss)	Retained Earnings
Beginning balance (in shares) at Dec. 31, 2014		348,978,000
Beginning balance at Dec. 31, 2014	$ 3,526,216	$ 3,490	$ 1,560,519	$ 3,553	$ 1,958,654
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock issued in connection with employee incentive compensation plans (in shares)		8,806,000
Stock issued in connection with employee incentive compensation plans	113,326	$ 88	113,238
Stock-based compensation expense	7,473		7,473
Tax sharing with affiliate	867		867
Net income	607,160				607,160
Other comprehensive income (loss), net of taxes	(9,279)			(9,279)
Ending balance (in shares) at Jun. 30, 2015		357,784,000
Ending balance at Jun. 30, 2015	4,245,763	$ 3,578	1,682,097	(5,726)	2,565,814
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	364,715
Ending balance (in shares) at Jun. 30, 2015		357,784,000
Ending balance at Jun. 30, 2015	$ 4,245,763	$ 3,578	1,682,097	(5,726)	2,565,814
Beginning balance (in shares) at Dec. 31, 2015	357,945,865	357,946,000
Beginning balance at Dec. 31, 2015	$ 4,432,549	$ 3,579	1,644,151	2,125	2,782,694
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock issued in connection with employee incentive compensation plans (in shares)		377,000
Stock issued in connection with employee incentive compensation plans	1,949	$ 4	1,945
Stock-based compensation expense	3,853		3,853
Tax sharing with affiliate	(392)		(392)
Net income	491,644				491,644
Other comprehensive income (loss), net of taxes	$ (52,891)			(52,891)
Ending balance (in shares) at Jun. 30, 2016	358,322,707	358,323,000
Ending balance at Jun. 30, 2016	$ 4,876,712	$ 3,583	1,649,557	(50,766)	3,274,338
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 283,345
Ending balance (in shares) at Jun. 30, 2016	358,322,707	358,323,000
Ending balance at Jun. 30, 2016	$ 4,876,712	$ 3,583	$ 1,649,557	$ (50,766)	$ 3,274,338

CONDENSED CONSOLIDATED STATEME7

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities:
Net income	$ 491,644	$ 607,160
Adjustments to reconcile net income to net cash provided by operating activities
Derivative mark to market	8,576	9,609
Provision for credit losses	1,172,091	1,211,226
Depreciation and amortization	511,636	389,346
Accretion of discount	(190,187)	(153,056)
Originations and purchases of receivables held for sale	(2,441,846)	(2,238,753)
Proceeds from sales of and collections on receivables held for sale	1,604,050	1,694,575
Change in revolving personal loans	(310,103)	0
Investment losses (gains), net	170,365	(111,314)
Stock-based compensation	3,853	7,473
Deferred tax expense	262,732	98,566
Changes in assets and liabilities:
Accrued interest receivable	41	(36,004)
Accounts receivable	5,206	(7,738)
Federal income tax and other taxes	193,417	310,898
Other assets	(77,301)	(1,587)
Accrued interest payable	7,243	4,373
Other liabilities	(83,007)	45,396
Due to/from affiliates	(12,384)	9,151
Net cash provided by operating activities	1,316,026	1,839,321
Cash flows from investing activities:
Originations of and disbursements on finance receivables held for investment	(6,460,531)	(9,320,752)
Purchases of portfolios of finance receivables held for investment	(290,020)	0
Collections on finance receivables held for investment	5,276,264	5,227,885
Proceeds from sale of loans held for investment	823,877	1,290,304
Leased vehicles purchased	(3,323,553)	(2,563,185)
Manufacturer incentives received	785,512	490,481
Proceeds from sale of leased vehicles	705,300	1,463,580
Change in revolving personal loans	259,977	(128,837)
Purchases of furniture and equipment	(18,063)	(11,583)
Sales of furniture and equipment	1,871	310
Change in restricted cash	(474,351)	(1,165,372)
Other investing activities	(4,496)	(3,182)
Net cash used in investing activities	(2,718,213)	(4,720,351)
Cash flows from financing activities:
Proceeds from notes payable related to secured structured financings — net of debt issuance costs	7,949,111	7,975,856
Payments on notes payable related to secured structured financings	(6,090,497)	(5,364,799)
Proceeds from unsecured notes payable	3,789,420	3,630,000
Payments on unsecured notes payable	(3,528,442)	(3,060,000)
Proceeds from notes payable	12,738,469	13,580,175
Payments on notes payable	(13,399,272)	(13,970,166)
Proceeds from stock option exercises, gross	2,554	86,123
Repurchase of stock - employee tax withholding	0	(430)
Net cash provided by financing activities	1,461,343	2,876,759
Net increase (decrease) in cash and cash equivalents	59,156	(4,271)
Cash — Beginning of period	18,893	33,157
Cash — End of period	$ 78,049	$ 28,886

Description of Business, Basis

Description of Business, Basis of Presentation, and Significant Accounting Policies and Practices	6 Months Ended
	Jun. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business, Basis of Presentation, and Significant Accounting Policies and Practices	Description of Business, Basis of Presentation, and Significant Accounting Policies and Practices Santander Consumer USA Holdings Inc., a Delaware Corporation (together with its subsidiaries, SC or the Company), is the holding company for Santander Consumer USA Inc., an Illinois corporation, and subsidiaries, a specialized consumer finance company focused on vehicle finance and third-party servicing. The Company’s primary business is the indirect origination and securitization of retail installment contracts principally through manufacturer-franchised dealers in connection with their sale of new and used vehicles to retail consumers. In conjunction with a ten -year private label financing agreement (the Chrysler Agreement) with Fiat Chrysler Automobiles US LLC (FCA) that became effective May 1, 2013, the Company offers a full spectrum of auto financing products and services to FCA customers and dealers under the Chrysler Capital brand. These products and services include consumer retail installment contracts and leases, as well as dealer loans for inventory, construction, real estate, working capital and revolving lines of credit. The Company also originates vehicle loans through a Web-based direct lending program, purchases vehicle retail installment contracts from other lenders, and services automobile and recreational and marine vehicle portfolios for other lenders. Additionally, the Company has several relationships through which it provides personal loans, private-label credit cards and other consumer finance products. As of June 30, 2016 , the Company was owned approximately 58.9% by Santander Holdings USA, Inc. (SHUSA), a subsidiary of Banco Santander, S.A. (Santander), approximately 31.2% by public shareholders, approximately 9.8% by DDFS LLC, an entity affiliated with Thomas G. Dundon, the Company’s former Chairman and CEO and approximately 0.1% by other holders, primarily members of senior management. Pursuant to a Separation Agreement with Mr. Dundon, SHUSA was deemed to have delivered, as of July 3, 2015, an irrevocable notice to exercise the call option with respect to all the shares of Company common stock owned by DDFS LLC and consummate the transactions contemplated by the call option notice, subject to required bank regulatory approvals and any other approvals required by law being obtained (the "Call Transaction"). Pursuant to the Separation Agreement, because the Call Transaction was not consummated prior to October 15, 2015 (the “Call End Date”), DDFS LLC is free to transfer any or all of its shares of Company common stock, subject to the terms and conditions of the Amended and Restated Loan Agreement, dated as of July 16, 2014, between DDFS LLC and Santander (Note 11). Basis of Presentation The accompanying condensed consolidated financial statements include the accounts of the Company and its subsidiaries, including certain Trusts, which are considered VIEs. The Company also consolidates other VIEs for which it was deemed to be the primary beneficiary. All intercompany balances and transactions have been eliminated in consolidation. The accompanying condensed consolidated financial statements as of June 30, 2016 and December 31, 2015 , and for the three and six months ended June 30, 2016 and 2015 , have been prepared in accordance with U.S. GAAP for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, these financial statements contain all adjustments, consisting of normal recurring adjustments, necessary for the fair statement of the financial position, results of operations and cash flows for the periods indicated. Results of operations for the periods presented herein are not necessarily indicative of results of operations for the entire year. These financial statements should be read in conjunction with the Company’s Annual Report on Form 10-K/A for the year ended December 31, 2015 . The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and the disclosures of contingent assets and liabilities, as of the date of the financial statements and the amount of revenue and expenses during the reporting periods. Actual results could differ from those estimates and those differences may be material. These estimates include the determination of credit loss allowance, discount accretion, impairment, fair value, expected end-of-term lease residual values, values of repossessed assets, and income taxes. These estimates, although based on actual historical trends and modeling, may potentially show significant variances over time. Business Segment Information The Company has one reportable segment: Consumer Finance, which includes the Company’s vehicle financial products and services, including retail installment contracts, vehicle leases, and dealer loans, as well as financial products and services related to motorcycles, recreational vehicles, and marine vehicles. It also includes the Company’s personal loan and point-of-sale financing operations. Accounting Policies There have been no material changes in the Company's accounting policies from those disclosed in Part II, Item 8 - Financial Statements and Supplementary Data in the Annual Report on Form 10-K/A for the year ended December 31, 2015, except as follows: Retail Installment Contracts Interest is accrued when earned in accordance with the terms of the retail installment contract. The accrual of interest is discontinued and reversed once a retail installment contract becomes more than 60 days past due, and is resumed 18 and reinstated if a delinquent account subsequently becomes 60 days or less past due. A Chrysler Capital retail installment contract is considered current if the borrower has made all prior payments in full and at least 90% of the payment currently due, and a non-Chrysler Capital retail installment contract is considered current if the borrower has made all prior payments in full and at least 50% of the payment currently due. Payments generally are applied to fees first, then interest, then principal, regardless of a contract's accrual status. The amortization of discounts, subvention payments from manufacturers, and other origination costs on retail installment contracts held for investment acquired individually, or through a direct lending program, are recognized as adjustments to the yield of the related contract using the effective interest method. The Company estimates future principal prepayments in the calculation of the constant effective yield. Change in Accounting Principle The Company tests goodwill for impairment annually in accordance with the provisions of ASC 350, Intangibles-Goodwill and Other . During the second quarter of fiscal year 2016, the Company changed the date of its annual impairment test from December 31 to October 1. This new testing date is preferable under the circumstances in order to align the Company’s policy with that of SHUSA. The Company has prospectively applied the change and confirmed the change in the annual impairment testing date did not delay, accelerate, or avoid an impairment charge. Recently Adopted Accounting Standards In June 2014, the FASB issued ASU 2014-12, Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could be Achieved after the Requisite Service Period. This standard affects entities that issue share-based payments when the terms of an award stipulate that a performance target could be achieved after an employee completes the requisite service period. This guidance became effective for the Company January 1, 2016 and implementation of this guidance did not have a significant impact on the Company’s financial position, results of operations, or cash flows. In January 2015, the FASB issued ASU 2015-01, Income Statement - Extraordinary and Unusual Items. This standard simplifies income statement classification by removing the concept of extraordinary items from U.S. GAAP, and as a result, items that are both unusual and infrequent no longer will be separately reported net of tax after continuing operations. This guidance became effective for the Company January 1, 2016 and implementation of this guidance did not have a significant impact on the Company’s financial position, results of operations, or cash flows. In February 2015, the FASB issued ASU 2015-02, Consolidation: Amendments to the Consolidation Analysis. This ASU changes the analysis that a reporting entity must perform to determine whether it should consolidate certain types of legal entities. This guidance became effective for the Company January 1, 2016 and implementation of this guidance did not have a significant impact on the Company’s financial position, results of operations, or cash flows. In April 2015, the FASB issued ASU 2015-05, Customer's Accounting for Fees Paid in a Cloud Computing Arrangement. This ASU clarifies when fees paid in a cloud computing arrangement pertain to the acquisition of a software license, services, or both. This guidance became effective for the Company January 1, 2016 and implementation of this guidance did not have a significant impact on the Company’s financial position, results of operations, or cash flows. Recently Issued Accounting Pronouncements In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers, which provides guidance on a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers. The effective date for this ASU, which was deferred by ASU 2015-14 issued in August 2015, is for fiscal years beginning after December 15, 2017. In March 2016, the FASB issued ASU 2016-08, an amendment to the guidance in ASU 2014-09 that revises the structure of the indicators to provide indicators of when the entity is the principal or agent in a revenue transaction, and eliminated two of the indicators ("the entity’s consideration is in the form of a commission" and "the entity is not exposed to credit risk") in making that determination. This amendment also clarifies that each indicator may be more or less relevant to the assessment depending on the terms and conditions of the contract. In April 2016, the FASB issued ASU 2016-10, which clarifies the implementation guidance on identifying promised goods or services and on determining whether an entity's promise to grant a license with either a right to use the entity's intellectual property (which is satisfied at a point in time) or a right to access the entity's intellectual property (which is satisfied over time). Also, in May 2016, the FASB issued ASU 2016-12, which provides clarifying guidance in a few narrow areas and add some practical expedient to the guidance. The amendments are expected to reduce the degree of judgment necessary to comply with the revenue recognition topic.The amendments, collectively, should be applied retrospectively to each prior reporting period presented or as a cumulative effect adjustment as of the date of adoption. Early adoption of the guidance is not permitted. The Company is currently evaluating the impact of adopting ASU 2014-09 and the related updates on its financial position, results of operations and disclosures. In January 2016, the FASB issued ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities , which provides guidance for the recognition, measurement, presentation, and disclosure of financial assets and liabilities. The guidance will be effective for the fiscal year beginning after December 15, 2017, including interim periods within that year. The Company is in the process of evaluating the impacts of the adoption of this ASU. In February 2016, the FASB issued ASU 2016-02, Leases, which will, among other impacts, change the criteria under which leases are identified and accounted for as on- or off-balance sheet. The guidance will be effective for the fiscal year beginning after December 15, 2018, including interim periods within that year. Once effective, the new guidance must be applied for all periods presented. The Company is in the process of evaluating the impacts of the adoption of this ASU. In March 2016, the FASB issued ASU 2016-09, Improvements to Employee Share-Based Payment Accounting, which is intended to simplify several aspects of the accounting for share-based payment award transactions. The guidance will be effective for the fiscal year beginning after December 15, 2016, including interim periods within that year. The Company is in the process of evaluating the impacts of the adoption of this ASU. In June 2016, the FASB issued ASU 2016-13, Financial Instruments-Credit Losses, which changes the criteria under which credit losses are measured. The amendment replaces the incurred loss impairment methodology in current U.S. GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to perform credit loss estimates. The guidance will be effective for the fiscal year beginning after December 15, 2019, including interim periods within that year. The Company is in the process of evaluating the impacts of the adoption of this ASU. In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows-Classification of Certain Cash Receipts and Cash Payments, which provides guidance on several specific cash flow issues. The guidance will be effective for the fiscal year beginning after December 15, 2017, including interim periods within that year. The Company is in the process of evaluating the impacts of the adoption of this ASU.

Finance Receivables

Finance Receivables	6 Months Ended
	Jun. 30, 2016
Receivables [Abstract]
Finance Receivables	Finance Receivables Held For Investment Finance receivables held for investment, net is comprised of the following at June 30, 2016 and December 31, 2015 : June 30, December 31, 2015 Retail installment contracts acquired individually $ 23,185,951 $ 23,004,065 Purchased receivables 191,071 239,551 Receivables from dealers 69,193 76,025 Personal loans 909 941 Capital lease receivables (Note 3) 30,302 47,206 $ 23,477,426 $ 23,367,788 The Company's held for investment portfolio of retail installment contracts acquired individually, receivables from dealers, and personal loans was comprised of the following at June 30, 2016 and December 31, 2015 : June 30, 2016 Retail Installment Contracts Receivables from Personal Loans Unpaid principal balance $ 27,224,925 $ 70,030 $ 909 Credit loss allowance (Note 4) (3,422,736 ) (837 ) — Discount (678,114 ) — — Capitalized origination costs and fees 61,876 — — Net carrying balance $ 23,185,951 $ 69,193 $ 909 December 31, 2015 Retail Installment Contracts Receivables from Personal Loans Unpaid principal balance $ 26,863,946 $ 76,941 $ 941 Credit loss allowance (Note 4) (3,197,414 ) (916 ) — Discount (722,701 ) — — Capitalized origination costs and fees 60,234 — — Net carrying balance $ 23,004,065 $ 76,025 $ 941 Retail installment contracts are collateralized by vehicle titles, and the Company has the right to repossess the vehicle in the event the consumer defaults on the payment terms of the contract. Most of the Company’s retail installment contracts held for investment are pledged against warehouse facilities or securitization bonds (Note 5). Most of the creditors on the Company’s retail installment contracts held for investment are retail consumers; however, $723,847 and $1,087,024 of the unpaid principal balance represented fleet contracts with commercial borrowers as of June 30, 2016 and December 31, 2015 , respectively. As of June 30, 2016, borrowers on the Company’s retail installment contracts held for investment are located in Texas ( 17% ), Florida ( 13% ), California ( 10% ), Georgia ( 5% ) and other states each individually representing less than 5% of the Company’s total. Purchased receivables portfolios, which were acquired with deteriorated credit quality, were comprised of the following at June 30, 2016 and December 31, 2015 : June 30, December 31, 2015 Outstanding balance $ 282,958 $ 362,212 Outstanding recorded investment, net of impairment $ 191,071 $ 239,551 Changes in accretable yield on the Company’s purchased receivables portfolios for the periods indicated were as follows: For the Three Months Ended For the Six Months Ended 2016 2015 2016 2015 Balance — beginning of period $ 156,336 $ 247,944 $ 178,582 $ 268,927 Accretion of accretable yield (19,615 ) (21,474 ) (40,944 ) (49,680 ) Reclassifications from (to) nonaccretable difference 1,026 57,990 109 65,213 Balance — end of period $ 137,747 $ 284,460 $ 137,747 $ 284,460 During the three and six months ended June 30, 2016 and 2015 , the Company did not acquire any vehicle loan portfolios for which it was probable at acquisition that not all contractually required payments would be collected. However, during the three and six months ended June 30, 2016 , the Company recognized certain retail installment contracts with an unpaid principal balance of $191,671 , held by non-consolidated securitization Trusts, under optional clean-up calls. Following the initial recognition of these loans at fair value, the performing loans in the portfolio are carried at amortized cost, net of allowance for credit losses. The Company elected the fair value option for all non-performing loans acquired (more than 60 days delinquent as of re-recognition date), for which it was probable that not all contractually required payments would be collected (Note 13). Receivables from dealers held for investment includes a term loan with a third-party vehicle dealer and lender that operates in multiple states. The loan allowed committed borrowings of $50,000 at June 30, 2016 and December 31, 2015 , and the unpaid principal balance of the facility was $50,000 at each of those dates. The term loan will mature on December 31, 2018 . The Company had accrued interest on this term loan of $151 and $156 at June 30, 2016 and December 31, 2015 , respectively. The remaining receivables from dealers held for investment are all Chrysler Agreement-related. As of June 30, 2016, borrowers on these dealer receivables are located in Virginia ( 52% ), New York ( 24% ), Mississippi ( 12% ), Missouri ( 9% ), and other states each individually representing less than 5% of the Company’s total. As of September 30, 2015, the Company determined that it no longer had the intent to hold its personal loans for investment and that classification of all of its personal loans as held for sale was appropriate as of that date. In connection with the reclassification to held for sale, the Company transferred the personal loan portfolio at the lower of cost or market, with the lower of cost or market adjustment being charged off against the credit loss allowance. Loan originations and purchases under the Company’s personal lending platform subsequent to September 30, 2015, also are classified as held for sale. Following the reclassification of personal loans to held for sale, further adjustments to the recorded investment in personal loans held for sale, whether due to customer default or changes in market value, are recorded in investment gains (losses), net, in the condensed consolidated statements of income and comprehensive income (Note 16). On February 1, 2016, the Company sold personal loans with an unpaid principal balance of $869,349 to a third party for an immaterial gain to unpaid principal balance. At December 31, 2015 , the Company determined that its intent to sell certain non-performing personal installment loans had changed and now expects to hold these loans through their maturity. The Company recorded a lower of cost or market adjustment through investment gains (losses), net, immediately prior to transferring the loans to finance receivables held for investment at their new recorded investment. The carrying value of these loans was $909 and $941 at June 30, 2016 and December 31, 2015 , respectively. Held For Sale The carrying value of the Company's finance receivables held for sale was comprised of the following at June 30, 2016 and December 31, 2015 : June 30, December 31, 2015 Retail installment contracts acquired individually $ 1,889,284 $ 905,161 Personal loans 970,712 1,954,414 $ 2,859,996 $ 2,859,575 Sales of retail installment contracts to third parties and proceeds from sales of charged-off assets for the three and six months ended June 30, 2016 and 2015 were as follows: For the Three Months Ended For the Six Months Ended 2016 2015 2016 2015 Sales of retail installment contracts to third parties $ 659,224 $ 2,016,675 $ 1,519,179 $ 2,935,753 Proceeds from sales of charged-off assets 28,844 65,587 35,073 103,963 The Company retains servicing of retail installment contracts and leases sold to third parties. Total contracts sold to unrelated third parties and serviced as of June 30, 2016 and December 31, 2015 were as follows: June 30, December 31, 2015 Serviced balance of retail installment contracts and leases sold to third parties $ 10,719,819 $ 12,155,844

Leases

Leases	6 Months Ended
	Jun. 30, 2016
Leases [Abstract]
Leases	Leases The Company has both operating and capital leases, which are separately accounted for and recorded on the Company's condensed consolidated balance sheets. Operating leases are reported as leased vehicles, net, while capital leases are included in finance receivables held for investment, net. Operating Leases Leased vehicles, net, which is comprised of leases originated under the Chrysler Agreement, consisted of the following as of June 30, 2016 and December 31, 2015 : June 30, December 31, Leased vehicles $ 11,077,474 $ 8,836,710 Less: accumulated depreciation (1,950,295 ) (1,510,414 ) Depreciated net capitalized cost 9,127,179 7,326,296 Manufacturer subvention payments, net of accretion (1,083,890 ) (845,142 ) Origination fees and other costs 21,938 16,156 Net book value $ 8,065,227 $ 6,497,310 During the three and six months ended June 30, 2015 , the Company executed bulk sales of Chrysler Capital leases with an aggregate depreciated net capitalized cost of $755,624 and $1,316,958 , respectively, and a net book value of $666,252 and $1,155,171 , respectively, to a third party. The bulk sale agreements included certain provisions whereby the Company agreed to share in residual losses for lease terminations with losses over a specific percentage threshold (Note 10). The Company retained servicing on the sold leases. Due to the accelerated depreciation permitted for tax purposes, the sales generated large taxable gains that the Company deferred through a qualified like-kind exchange program. An immaterial amount of taxable gain that did not qualify for deferral was recognized upon expiration of the reinvestment period. No such bulk sales occurred during the three and six months ended June 30, 2016 . The following summarizes the future minimum rental payments due to the Company as lessor under operating leases as of June 30, 2016 : Remainder of 2016 $ 735,653 2017 1,179,155 2018 609,990 2019 79,347 2020 1,000 Thereafter — Total $ 2,605,145 Capital Leases Certain leases originated by the Company are accounted for as capital leases, as the contractual residual values are nominal amounts. Capital lease receivables, net consisted of the following as of June 30, 2016 and December 31, 2015 : June 30, December 31, Gross investment in capital leases $ 55,403 $ 91,393 Origination fees and other 157 155 Less: unearned income (12,506 ) (24,464 ) Net investment in capital leases before allowance 43,054 67,084 Less: allowance for lease losses (12,752 ) (19,878 ) Net investment in capital leases $ 30,302 $ 47,206 The following summarizes the future minimum lease payments due to the Company as lessor under capital leases as of June 30, 2016 : Remainder of 2016 $ 9,516 2017 18,963 2018 18,033 2019 7,240 2020 1,417 Thereafter 234 Total $ 55,403

Credit Loss Allowance and Credi

Credit Loss Allowance and Credit Quality	6 Months Ended
	Jun. 30, 2016
Loans and Leases Receivable Disclosure [Abstract]
Credit Loss Allowance and Credit Quality	Credit Loss Allowance and Credit Quality Credit Loss Allowance The Company estimates the allowance for credit losses on individually acquired retail installment contracts and personal loans held for investment not classified as TDRs based on delinquency status, historical loss experience, estimated values of underlying collateral, when applicable, and various economic factors. In developing the allowance, the Company utilizes a loss emergence period assumption, a loss given default assumption applied to recorded investment, and a probability of default assumption based on a loss forecasting model. The loss emergence period assumption represents the average length of time between when a loss event is first estimated to have occurred and when the account is charged off. The recorded investment represents unpaid principal balance adjusted for unaccreted net discounts, subvention from manufacturers, and origination costs. Under this approach, the resulting allowance represents the expected net losses of recorded investment inherent in the portfolio. For loans classified as TDRs, impairment is measured based on the present value of expected future cash flows discounted at the original effective interest rate. The Company maintains a general credit loss allowance for receivables from dealers based on risk ratings, and individually evaluates loans for specific impairment as necessary. As of June 30, 2016 , the credit loss allowance for receivables from dealers is comprised of a general allowance of $837 . The activity in the credit loss allowance for individually acquired, dealer, and personal loans for the three and six months ended June 30, 2016 and 2015 was as follows: Three Months Ended June 30, 2016 Three Months Ended June 30, 2015 Retail Installment Contracts Acquired Individually Receivables from Dealers Retail Installment Receivables Personal Loans Balance — beginning of period $ 3,320,227 $ 1,403 $ 2,748,526 $ 1,130 $ 352,878 Provision for credit losses 514,755 (431 ) 454,467 (162 ) 121,118 Charge-offs (1,032,517 ) (135 ) (803,763 ) — (97,218 ) Recoveries 620,271 — 528,394 — 7,957 Balance — end of period $ 3,422,736 $ 837 $ 2,927,624 $ 968 $ 384,735 Six Months Ended June 30, 2016 Six Months Ended June 30, 2015 Retail Installment Contracts Acquired Individually Receivables from Dealers Retail Installment Receivables Personal Loans Balance — beginning of period $ 3,197,414 $ 916 $ 2,586,685 $ 674 $ 348,660 Provision for credit losses 1,177,881 56 987,481 294 218,821 Charge-offs (2,183,145 ) (135 ) (1,691,155 ) — (196,908 ) Recoveries 1,230,586 — 1,071,730 — 14,162 Transfers to held-for-sale — — (27,117 ) — — Balance — end of period $ 3,422,736 $ 837 $ 2,927,624 $ 968 $ 384,735 The impairment activity related to purchased receivables portfolios for the three and six months ended June 30, 2016 and 2015 was as follows: Three Months Ended Six Months Ended 2016 2015 2016 2015 Balance — beginning of period $ 170,412 $ 181,024 $ 172,308 $ 186,126 Incremental provisions for purchased receivable portfolios — — — 300 Incremental reversal of provisions for purchased receivable portfolios (1,894 ) (4,270 ) (3,790 ) (9,672 ) Balance — end of period $ 168,518 $ 176,754 $ 168,518 $ 176,754 The Company estimates lease losses on the capital lease receivable portfolio based on delinquency status and loss experience to date, as well as various economic factors. The activity in the lease loss allowance for capital leases for the three and six months ended June 30, 2016 and 2015 was as follows: Three Months Ended Six Months Ended 2016 2015 2016 2015 Balance — beginning of period $ 15,860 $ 15,182 $ 19,878 $ 9,589 Provision for lease losses (509 ) 8,226 (2,056 ) 14,002 Charge-offs (10,196 ) (17,393 ) (22,555 ) (19,390 ) Recoveries 7,597 9,555 17,485 11,369 Balance — end of period $ 12,752 $ 15,570 $ 12,752 $ 15,570 Delinquencies Retail installment contracts are classified as non-performing when they are greater than 60 days past due as to contractual principal or interest payments. Dealer receivables are classified as non-performing when they are greater than 90 days past due. At the time a loan is placed in non-performing status, previously accrued and uncollected interest is reversed against interest income. If an account is returned to a performing status, the Company returns to accruing interest on the contract. A summary of delinquencies on our retail installment contracts held for investment portfolio as of June 30, 2016 and December 31, 2015 is as follows: June 30, 2016 Retail Installment Contracts Held for Investment Loans Acquired Individually Purchased Receivables Portfolios Total Principal, 31-60 days past due $ 2,440,339 $ 17,821 $ 2,458,160 Delinquent principal over 60 days 1,142,648 8,979 1,151,627 Total delinquent principal $ 3,582,987 $ 26,800 $ 3,609,787 December 31, 2015 Retail Installment Contracts Held for Investment Loans Acquired Individually Purchased Receivables Portfolios Total Principal, 31-60 days past due $ 2,454,986 $ 30,442 $ 2,485,428 Delinquent principal over 60 days 1,191,567 17,297 1,208,864 Total delinquent principal $ 3,646,553 $ 47,739 $ 3,694,292 The balances in the above tables reflect total unpaid principal balance rather than net recorded investment before allowance. As of June 30, 2016 and December 31, 2015 , there were no receivables from dealers that were 31 days or more delinquent. FICO ® Distribution — A summary of the credit risk profile of the Company’s retail installment contracts held for investment by FICO ® distribution, determined at origination, as of June 30, 2016 and December 31, 2015 was as follows: FICO ® Band June 30, 2016 December 31, 2015 Commercial (a) 2.6% 4.0% No-FICOs 12.6% 12.2% <540 22.9% 23.4% 540-599 31.2% 30.9% 600-639 17.4% 17.3% >640 13.3% 12.2% (a) No FICO score is obtained on loans to commercial borrowers Commercial Lending Credit Quality Indicators — The credit quality of receivables from dealers, which are considered commercial loans, is summarized according to standard regulatory classifications as follows: Pass — Asset is well-protected by the current net worth and paying capacity of the obligor or guarantors, if any, or by the fair value less costs to acquire and sell any underlying collateral in a timely manner. Special Mention — Asset has potential weaknesses that deserve management’s close attention, which, if left uncorrected, may result in deterioration of the repayment prospects for an asset at some future date. Special Mention assets are not adversely classified. Substandard — Asset is inadequately protected by the current net worth and paying capacity of the obligor or by the collateral pledged, if any. A well-defined weakness or weaknesses exist that jeopardize the liquidation of the debt. The loans are characterized by the distinct possibility that the Company will sustain some loss if deficiencies are not corrected. Doubtful — Exhibits the inherent weaknesses of a substandard credit. Additional characteristics exist that make collection or liquidation in full highly questionable and improbable, on the basis of currently known facts, conditions and values. Possibility of loss is extremely high, but because of certain important and reasonable specific pending factors which may work to the advantage and strengthening of the credit, an estimated loss cannot yet be determined. Loss — Credit is considered uncollectible and of such little value that it does not warrant consideration as an active asset. There may be some recovery or salvage value, but there is doubt as to whether, how much or when the recovery would occur. The Company's risk department performs a commercial analysis and classifies certain loans over an internal threshold based on the classifications above. Fleet loan credit quality indicators for retail installment contracts held for investment with commercial borrowers as of June 30, 2016 and December 31, 2015 were as follows: June 30, December 31, Pass $ 22,407 $ 39,270 Special mention 4,334 5,466 Substandard 244 — Doubtful — — Loss — — Total (a) $ 26,985 $ 44,736 (a) Fleet loans of $696,862 and $1,042,288 as of June 30, 2016 and December 31, 2015, respectively, were excluded from the commercial analysis as these loans did not meet the internal threshold for review. Commercial loan credit quality indicators for receivables from dealers held for investment as of June 30, 2016 and December 31, 2015 were as follows: June 30, December 31, Pass $ 68,057 $ 68,873 Special Mention — 8,068 Substandard 1,973 — Doubtful — — Loss — — Unpaid principal balance $ 70,030 $ 76,941 Troubled Debt Restructurings In certain circumstances, the Company modifies the terms of its finance receivables to troubled borrowers. Modifications may include a reduction in interest rate, an extension of the maturity date, rescheduling of future cash flows, or a combination thereof. A modification of finance receivable terms is considered a TDR if the Company grants a concession to a borrower for economic or legal reasons related to the debtor’s financial difficulties that would not otherwise have been considered. Management considers TDRs to include all individually acquired retail installment contracts that have been modified at least once, deferred for a period of 90 days or more, or deferred at least twice. Additionally, restructurings through bankruptcy proceedings are deemed to be TDRs. The purchased receivables portfolio, operating and capital leases, and loans held for sale, including personal loans, are excluded from the scope of the applicable guidance. As of June 30, 2016 and December 31, 2015 , there were no receivables from dealers classified as a TDR. For loans not classified as TDRs, the Company generally estimates an appropriate allowance for credit losses based on delinquency status, the Company’s historical loss experience, estimated values of underlying collateral, and various economic factors. Once a loan has been classified as a TDR, it is assessed for impairment based on the present value of expected future cash flows discounted at the loan's original effective interest rate considering all available evidence. The table below presents the Company’s TDRs as of June 30, 2016 and December 31, 2015 : June 30, December 31, 2015 Retail Installment Contracts Outstanding recorded investment $ 5,061,608 $ 4,601,502 Impairment (1,509,540 ) (1,363,023 ) Outstanding recorded investment, net of impairment $ 3,552,068 $ 3,238,479 A summary of the Company’s delinquent TDRs at June 30, 2016 and December 31, 2015 , is as follows: June 30, December 31, 2015 Retail Installment Contracts Principal, 31-60 days past due $ 995,368 $ 942,021 Delinquent principal over 60 days 501,731 510,015 Total delinquent TDR principal $ 1,497,099 $ 1,452,036 A loan that has been classified as a TDR remains so until the loan is liquidated through payoff or charge-off. Consistent with the Company’s other retail installment contracts, TDRs are placed on nonaccrual status when the account becomes past due more than 60 days , and returns to accrual status when the account is 60 days or less past due. Average recorded investment and income recognized on TDR loans are as follows: Three Months Ended June 30, 2016 June 30, 2015 Retail Installment Contracts Retail Installment Contracts Personal Loans Average outstanding recorded investment in TDRs $ 4,897,481 $ 4,421,679 $ 17,774 Interest income recognized $ 195,376 $ 149,915 $ 629 Six months ended June 30, 2016 June 30, 2015 Retail Installment Contracts Retail Installment Contracts Personal Loans Average outstanding recorded investment in TDRs $ 4,798,821 $ 4,295,809 $ 17,634 Interest income recognized $ 369,567 $ 331,325 $ 1,218 The following table summarizes the financial effects of TDRs that occurred during the three and six months ended June 30, 2016 and 2015 : Three Months Ended June 30, 2016 June 30, 2015 Retail Installment Contracts Retail Installment Contracts Personal Loans Outstanding recorded investment before TDR $ 840,610 $ 927,804 $ 4,384 Outstanding recorded investment after TDR $ 846,277 $ 933,655 $ 4,364 Number of contracts (not in thousands) 47,364 53,850 3,671 Six months ended June 30, 2016 June 30, 2015 Retail Installment Contracts Retail Installment Contracts Personal Loans Outstanding recorded investment before TDR $ 1,533,538 $ 1,761,327 $ 9,778 Outstanding recorded investment after TDR $ 1,545,563 $ 1,775,036 $ 9,720 Number of contracts (not in thousands) 86,744 102,742 8,139 A TDR is considered to have subsequently defaulted upon charge off, which for retail installment contracts is at the earlier of the date of repossession or the month in which the loan becomes greater than 120 days past due and for revolving personal loans is generally the month in which the receivable becomes greater than 180 days past due. Loan restructurings accounted for as TDRs within the previous twelve months that subsequently defaulted during the three and six months ended June 30, 2016 and 2015 are summarized in the following table: Three Months Ended June 30, 2016 June 30, 2015 Retail Installment Contracts Retail Installment Contracts Personal Loans Recorded investment in TDRs that subsequently defaulted $ 159,615 $ 171,855 $ 1,790 Number of contracts (not in thousands) 9,109 9,996 1,603 Six months ended June 30, 2016 June 30, 2015 Retail Installment Contracts Retail Installment Contracts Personal Loans Recorded investment in TDRs that subsequently defaulted $ 359,477 $ 353,268 $ 3,201 Number of contracts (not in thousands) 20,511 20,737 3,014

Debt

Debt	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Debt	Debt Revolving Credit Facilities The following table presents information regarding credit facilities as of June 30, 2016 and December 31, 2015 : June 30, 2016 Maturity Date(s) Utilized Balance Committed Amount Effective Rate Assets Pledged Restricted Cash Pledged Warehouse line (a) July 2016 $ 266,084 $ 500,000 1.72% $ 371,360 $ — Warehouse line (b) Various 449,585 1,250,000 2.27% 621,893 18,030 Warehouse line (c) July 2017 843,820 1,260,000 1.49% 957,299 26,983 Warehouse line (d) July 2017 2,775,843 2,940,000 1.44% 4,234,607 60,400 Warehouse line December 2017 576,777 1,800,000 2.39% 821,314 26,889 Repurchase facility (e) May 2017 787,703 787,703 2.71% — 31,763 Repurchase facility (e) April 2017 235,509 235,509 1.79% — — Warehouse line March 2018 428,899 1,000,000 1.52% 609,417 18,123 Warehouse line (f) November 2016 175,000 175,000 2.00% — — Warehouse line (f) November 2016 250,000 250,000 2.00% — 2,502 Warehouse line (g) June 2017 124,396 250,000 3.10% 300,020 25,055 Warehouse line January 2018 91,500 400,000 3.08% 127,284 4,167 Total facilities with third parties (i) 7,005,116 10,848,212 8,043,194 213,912 Lines of credit with Santander and related subsidiaries (h): Line of credit December 2016 500,000 500,000 2.75% — — Line of credit December 2018 — 500,000 3.50% — — Line of credit December 2016 1,000,000 1,000,000 2.71% — — Line of credit December 2018 550,000 1,000,000 2.80% — — Line of credit March 2017 300,000 300,000 1.99% — — Line of credit March 2019 — 1,500,000 4.45% — — Total facilities with Santander and related subsidiaries 2,350,000 4,800,000 — — Total revolving credit facilities $ 9,355,116 $ 15,648,212 $ 8,043,194 $ 213,912 (a) This warehouse was subsequently amended in July 2016 to extend the maturity date to January 2018. (b) Half of the outstanding balance on this facility matures in March 2017 and half matures in March 2018. (c) This line is held exclusively for financing of Chrysler Capital loans. (d) This line is held exclusively for financing of Chrysler Capital leases. (e) These repurchase facilities are collateralized by securitization notes payable retained by the Company. These facilities have rolling maturities of up to one year . (f) These lines are collateralized by residuals retained by the Company. (g) This warehouse was subsequently amended in July 2016 to extend the maturity date to July 2017. (h) These lines generally are also collateralized by securitization notes payable and residuals retained by the Company. As of June 30, 2016 and December 31, 2015 , $1,420,584 of the aggregate outstanding balances on these facilities were unsecured. (i) In October 2016, the Company executed a new warehouse line with an overall commitment limit of $300 million . December 31, 2015 Maturity Date(s) Utilized Balance Committed Amount Effective Rate Assets Pledged Restricted Cash Pledged Warehouse line June 2016 $ 378,301 $ 500,000 1.48% $ 535,737 $ — Warehouse line Various 808,135 1,250,000 1.29% 1,137,257 24,942 Warehouse line July 2017 682,720 1,260,000 1.35% 809,185 20,852 Warehouse line July 2017 2,247,443 2,940,000 1.41% 3,412,321 48,589 Warehouse line December 2017 944,877 2,000,000 1.56% 1,345,051 32,038 Repurchase facility December 2016 850,904 850,904 2.07% — 34,166 Warehouse line September 2017 565,399 1,000,000 1.20% 824,327 15,759 Warehouse line November 2016 175,000 175,000 1.90% — — Warehouse line November 2016 250,000 250,000 1.90% — 2,501 Total facilities with third parties 6,902,779 10,225,904 8,063,878 178,847 Lines of credit with Santander and related subsidiaries: Line of credit December 2016 500,000 500,000 2.65% — — Line of credit December 2018 — 500,000 3.48% — — Line of credit December 2016 1,000,000 1,750,000 2.61% — — Line of credit December 2018 800,000 1,750,000 2.84% — — Line of credit March 2017 300,000 300,000 1.88% — — Total facilities with Santander and related subsidiaries 2,600,000 4,800,000 — — Total revolving credit facilities $ 9,502,779 $ 15,025,904 $ 8,063,878 $ 178,847 Facilities with Third Parties The warehouse lines and repurchase facility are fully collateralized by a designated portion of the Company’s retail installment contracts (Note 2), leased vehicles (Note 3), securitization notes payables and residuals retained by the Company. Certain of the credit facilities have covenants requiring timely filing of periodic reports with the SEC. The Company has obtained waivers of all such covenants such that the non-timely filing of this Quarterly Report on Form 10-Q for the period ended June 30, 2016 did not cause an event of default on any of the facilities. Lines of Credit with Santander and Related Subsidiaries Through its New York branch, Santander provides the Company with $3,000,000 of long-term committed revolving credit facilities. Through SHUSA, Santander provides the Company with an additional $300,000 of committed revolving credit, collateralized by residuals retained on the Company's own securitizations, and $1,500,000 of committed revolving credit that can be drawn on an unsecured basis. The facilities offered through the New York branch are structured as three - and five -year floating rate facilities, with current maturity dates of December 31, 2016 and December 31, 2018 , respectively. These facilities currently permit unsecured borrowing but generally are collateralized by retail installment contracts and retained residuals. Any secured balances outstanding under the facilities at the time of their maturity will amortize to match the maturities and expected cash flows of the corresponding collateral. Secured Structured Financings The following table presents information regarding secured structured financings as of June 30, 2016 and December 31, 2015 : June 30, 2016 Original Estimated Maturity Date(s) Balance Initial Note Amounts Issued Initial Weighted Average Interest Rate Collateral Restricted Cash 2012 Securitizations September 2018 $ 302,364 $ 2,525,540 0.92%-1.23% $ 432,673 $ 80,215 2013 Securitizations January 2019 - January 2021 1,599,172 6,689,700 0.89%-1.59% 1,971,966 250,693 2014 Securitizations February 2020 - January 2021 2,216,438 6,391,020 1.16%-1.72% 3,039,302 291,817 2015 Securitizations September 2019 - January 2023 5,555,725 9,317,032 1.33%-2.29% 7,333,152 557,133 2016 Securitizations (a) April 2022 - August 2023 4,515,910 4,942,980 1.72%-2.46% 5,622,662 277,889 Securitizations (b) 14,189,609 29,866,272 18,399,755 1,457,747 2010 Private issuances June 2011 145,452 516,000 1.29% 244,540 7,704 2011 Private issuances (c) December 2018 408,958 1,700,000 1.46% 853,897 43,075 2013 Private issuances (d) September 2018-September 2020 2,388,078 2,693,754 1.13%-1.38% 4,040,239 183,428 2014 Private issuances March 2018 - December 2021 1,045,896 3,271,175 1.05%-1.40% 1,621,189 74,389 2015 Private issuances (e) December 2016 - July 2019 2,146,329 2,605,062 0.88%-2.81% 2,110,269 135,925 2016 Private issuances (f) May 2020 - June 2023 2,168,923 2,250,000 1.55%-2.86% 2,893,303 50,295 Privately issued amortizing notes 8,303,636 13,035,991 11,763,437 494,816 Total secured structured financings $ 22,493,245 $ 42,902,263 $ 30,163,192 $ 1,952,563 (a) In October 2016, the Company executed a new public securitization for $1,269,810 . (b) Securitizations executed under Rule 144A of the Securities Act are included within this balance. (c) In July 2016, the Company advanced an additional $176,125 on private issuances originally executed in 2011. (d) In September 2016, the Company advanced an additional $906,996 on private issuances originally executed in 2013. (e) In September 2016, the Company advanced an additional $110,000 on private issuances originally executed in 2015. (f) In September 2016, the Company executed two new private issuances for an aggregate amount of $500,000 . December 31, 2015 Original Estimated Maturity Date(s) Balance Initial Note Amounts Issued Initial Weighted Average Interest Rate Collateral Restricted Cash 2012 Securitizations September 2018 $ 433,771 $ 2,525,540 0.92%-1.23% $ 580,581 $ 84,231 2013 Securitizations January 2019 - January 2021 2,000,915 6,689,700 0.89%-1.59% 2,577,552 267,623 2014 Securitizations February 2020 - January 2021 2,956,273 6,391,020 1.16%-1.72% 3,894,365 313,356 2015 Securitizations September 2019 - January 2023 7,269,037 9,317,032 1.33%-2.29% 9,203,569 577,647 Securitizations 12,659,996 24,923,292 16,256,067 1,242,857 2010 Private issuances June 2011 108,201 516,000 1.29% 240,026 6,855 2011 Private issuances December 2018 708,884 1,700,000 1.46% 1,142,853 50,432 2013 Private issuances September 2018-September 2020 2,836,420 2,693,754 1.13%-1.38% 4,311,481 143,450 2014 Private issuances March 2018 - December 2021 1,541,970 3,271,175 1.05%-1.40% 2,192,495 95,325 2015 Private issuances November 2016 - May 2020 3,017,429 3,548,242 0.88%-2.81% 3,608,497 161,778 Privately issued amortizing notes 8,212,904 11,729,171 11,495,352 457,840 Total secured structured financings $ 20,872,900 $ 36,652,463 $ 27,751,419 $ 1,700,697 Most of the Company’s secured structured financings are in the form of public, SEC-registered securitizations. The Company also executes private securitizations under Rule 144A of the Securities Act and periodically issues private term amortizing notes, which are structured similarly to securitizations but are acquired by banks and conduits. The Company’s securitizations and private issuances are collateralized by vehicle retail installment contracts and loans or leases. As of June 30, 2016 and December 31, 2015 , the Company had private issuances of notes backed by vehicle leases totaling $3,891,117 and $3,228,240 , respectively. Unamortized debt issuance costs are amortized as interest expense over the terms of the related notes payable using the effective interest method and are classified as a discount to the related recorded debt balance. For securitizations, the term takes into consideration the expected execution of the contractual call option, if applicable. Amortization of premium or accretion of discount on acquired notes payable is also included in interest expense using the effective interest method over the estimated remaining life of the acquired notes. Total interest expense on secured structured financings for the three months ended June 30, 2016 and 2015 was $102,582 and $70,328 , respectively. Total interest expense on secured structured financings for the six months ended June 30, 2016 and 2015 was $196,957 and $131,180 , respectively.

Variable Interest Entities

Variable Interest Entities	6 Months Ended
	Jun. 30, 2016
Variable Interest Entity Disclosure [Abstract]
Variable Interest Entities	Variable Interest Entities The Company transfers retail installment contracts and leased vehicles into newly formed Trusts that then issue one or more classes of notes payable backed by the collateral. The Company’s continuing involvement with these Trusts is in the form of servicing the assets and, generally, through holding residual interests in the Trusts. These transactions are structured without recourse. The Trusts are considered VIEs under U.S. GAAP and, when the Company holds the residual interest, are consolidated because the Company has: (a) power over the significant activities of each entity as servicer of its financial assets and (b) through the residual interest and in some cases debt securities held by the Company, an obligation to absorb losses or the right to receive benefits from each VIE that are potentially significant to the VIE. When the Company does not retain any debt or equity interests in its securitizations or subsequently sells such interests, it records these transactions as sales of the associated retail installment contracts. The collateral, borrowings under credit facilities and securitization notes payable of the Company's consolidated VIEs remain on the condensed consolidated balance sheets. The Company recognizes finance charges, fee income, and provision for credit losses on the retail installment contracts, and leased vehicles and interest expense on the debt. All of the Trusts are separate legal entities and the collateral and other assets held by these subsidiaries are legally owned by them and are not available to other creditors. Revolving credit facilities generally also utilize Trusts that are considered VIEs. The Company also uses a titling trust to originate and hold its leased vehicles and the associated leases, in order to facilitate the pledging of leases to financing facilities or the sale of leases to other parties without incurring the costs and administrative burden of retitling the leased vehicles. This titling trust is considered a VIE. On-balance sheet variable interest entities The Company retains servicing for receivables transferred to the Trusts and receives a monthly servicing fee on the outstanding principal balance. Supplemental fees, such as late charges, for servicing the receivables are reflected in fees, commissions and other income. As of June 30, 2016 and December 31, 2015 , the Company was servicing $28,592,178 and $27,995,907 , respectively, of gross retail installment contracts that have been transferred to consolidated Trusts. The remainder of the Company’s retail installment contracts remain unpledged. A summary of the cash flows received from consolidated securitization trusts during the three and six months ended June 30, 2016 and 2015 , is as follows: Three Months Ended Six Months Ended June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Assets securitized $ 6,325,637 $ 6,085,282 $ 9,983,592 $ 10,067,137 Net proceeds from new securitizations (a) $ 5,118,309 $ 4,918,906 $ 7,820,313 $ 7,975,856 Net proceeds from sale of retained bonds 128,798 — 128,798 — Cash received for servicing fees (b) 200,071 173,641 394,436 335,603 Net distributions from Trusts (b) 761,480 616,342 1,391,206 1,072,395 Total cash received from Trusts $ 6,208,658 $ 5,708,889 $ 9,734,753 $ 9,383,854 (a) Includes additional advances on existing securitizations. (b) These amounts are not reflected in the accompanying condensed consolidated statements of cash flows because the cash flows are intra-company and eliminated in consolidation. Off-balance sheet variable interest entities The Company has completed sales to VIEs that met sale accounting treatment in accordance with the applicable guidance. Due to the nature, purpose, and activity of the transactions, the Company determined for consolidation purposes that it either does not hold potentially significant variable interests or is not the primary beneficiary as a result of the Company's limited further involvement with the financial assets. For such transactions, the transferred financial assets are removed from the Company's condensed consolidated balance sheets. In certain situations, the Company remains the servicer of the financial assets and receives servicing fees that represent adequate compensation, and may reacquire assets from the Trusts through the exercise of an optional clean-up call, as permitted through the respective servicing agreements. The Company also recognizes a gain or loss for the difference between the cash proceeds and carrying value of the assets sold. During the three and six months ended June 30, 2016 , the Company executed no off-balance sheet securitizations with VIEs with which it has continuing involvement. During the three and six months ended June 30, 2015, the Company sold $768,561 of gross retail installment contracts to a VIE in an off-balance sheet securitization. As of June 30, 2016 and December 31, 2015 , the Company was servicing $2,804,908 and $3,897,223 , respectively, of gross retail installment contracts that have been sold in off-balance sheet securitizations and were subject to an optional clean-up call. Other than repurchases of sold assets due to standard representations and warranties, the Company has no exposure to loss as a result of its involvement with these VIEs. A summary of the cash flows received from off-balance sheet securitization trusts during the three and six months ended June 30, 2016 and 2015 is as follows: Three Months Ended Six Months Ended June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Receivables securitized $ — $ 768,561 $ — $ 768,561 Net proceeds from new securitizations $ — $ 785,983 $ — $ 785,983 Cash received for servicing fees 13,157 6,319 28,858 11,623 Total cash received from securitization trusts $ 13,157 $ 792,302 $ 28,858 $ 797,606

Derivative Financial Instrument

Derivative Financial Instruments	6 Months Ended
	Jun. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	Derivative Financial Instruments The Company manages its exposure to changing interest rates using derivative financial instruments. In certain circumstances, the Company is required to hedge its interest rate risk on its secured structured financings and the borrowings under its revolving credit facilities. The Company uses both interest rate swaps and interest rate caps to satisfy these requirements and to hedge the variability of cash flows on securities issued by securitization Trusts and borrowings under the Company's warehouse facilities. Certain of the Company’s interest rate swap agreements are designated as cash flow hedges for accounting purposes. Changes in the fair value of derivatives designated as cash flow hedges are recorded as a component of accumulated other comprehensive income (AOCI), to the extent that the hedge relationships are effective, and amounts are reclassified from AOCI to earnings as the forecasted transactions impact earnings. Ineffectiveness, if any, associated with changes in the fair value of derivatives designated as cash flow hedges is recorded currently in earnings. The Company’s remaining interest rate swap agreements, as well as its interest rate cap agreements and the corresponding options written in order to offset the interest rate cap agreements and a total return settlement agreement are not designated as hedges for accounting purposes. Changes in the fair value of derivative instruments not designated as hedges for accounting purposes are reflected in earnings. The underlying notional amounts and aggregate fair values of these agreements at June 30, 2016 and December 31, 2015 , were as follows: June 30, 2016 December 31, 2015 Notional Fair Value Notional Fair Value Interest rate swap agreements designated as cash flow hedges $ 9,156,700 $ (82,428 ) $ 9,150,000 $ 1,706 Interest rate swap agreements not designated as hedges 1,582,000 (7,225 ) 2,399,000 (1,306 ) Interest rate cap agreements 8,851,540 6,547 10,013,912 32,951 Options for interest rate cap agreements 8,851,540 (6,550 ) 10,013,912 (32,977 ) Total return settlement 1,404,726 (53,543 ) 1,404,726 (53,432 ) The aggregate fair value of the interest rate swap agreements is included on the Company’s condensed consolidated balance sheets in other assets or other liabilities, as appropriate. The interest rate cap agreements are included in other assets, and the related options in other liabilities, on the Company’s condensed consolidated balance sheets. See Note 13 for additional disclosure of fair value and balance sheet location of the Company's derivative financial instruments. The Company is the holder of a warrant that gives it the right, if certain vesting conditions are satisfied, to purchase additional shares in a company in which it has a cost method investment. This warrant was issued in 2012 and is carried at its estimated fair value of zero at June 30, 2016 and December 31, 2015 . The Company is obligated to make purchase price holdback payments on a periodic basis to a third-party originator of loans that the Company has purchased, when losses are lower than originally expected. The Company also is obligated to make total return settlement payments to this third-party originator in 2016 and 2017 if returns on the purchased loans are greater than originally expected. These purchase price holdback payments and total return settlement payments are considered to be derivatives, collectively referred to herein as “total return settlement,” and accordingly are marked to fair value each reporting period. The Company enters into legally enforceable master netting agreements that reduce risk by permitting netting of transactions, such as derivatives and collateral posting, with the same counterparty on the occurrence of certain events. A master netting agreement allows two counterparties the ability to net-settle amounts under all contracts, including any related collateral posted, through a single payment. The right to offset and certain terms regarding the collateral process, such as valuation, credit events and settlement, are contained in ISDA master agreements. The Company has elected to present derivative balances on a gross basis even if the derivative is subject to a legally enforceable master netting (ISDA) agreement. Collateral that is received or pledged for these transactions is disclosed within the “Gross amounts not offset in the Condensed Consolidated Balance Sheet” section of the tables below. Information on the offsetting of derivative assets and derivative liabilities due to the right of offset was as follows, as of June 30, 2016 and December 31, 2015 : Offsetting of Financial Assets Gross Amounts Not Offset in the Gross Gross Amounts Net Amounts of Assets Presented Financial Cash Net June 30, 2016 Interest rate swaps - Santander & affiliates $ 45 $ — $ 45 $ — $ — $ 45 Interest rate swaps - third party — — — — — — Interest rate caps - Santander & affiliates 1,886 — 1,886 — — 1,886 Interest rate caps - third party 4,661 — 4,661 — — 4,661 Total derivatives subject to a master netting arrangement or similar arrangement 6,592 — 6,592 — — 6,592 Total derivatives not subject to a master netting arrangement or similar arrangement — — — — — — Total derivative assets $ 6,592 $ — $ 6,592 $ — $ — $ 6,592 Total financial assets $ 6,592 $ — $ 6,592 $ — $ — $ 6,592 December 31, 2015 Interest rate swaps - Santander & affiliates $ 4,607 $ — $ 4,607 $ — $ — $ 4,607 Interest rate swaps - third party 3,863 — 3,863 — — 3,863 Interest rate caps - Santander & affiliates 12,724 — 12,724 — — 12,724 Interest rate caps - third party 20,227 — 20,227 — — 20,227 Total derivatives subject to a master netting arrangement or similar arrangement 41,421 — 41,421 — — 41,421 Total derivatives not subject to a master netting arrangement or similar arrangement — — — — — — Total derivative assets $ 41,421 $ — $ 41,421 $ — $ — $ 41,421 Total financial assets $ 41,421 $ — $ 41,421 $ — $ — $ 41,421 Offsetting of Financial Liabilities Gross Amounts Not Offset in the Gross Gross Amounts Net Amounts of Liabilities Presented Financial Cash Net June 30, 2016 Interest rate swaps - Santander & affiliates $ 22,063 $ — $ 22,063 $ — $ (22,063 ) $ — Interest rate swaps - third party 67,635 — 67,635 — (67,635 ) — Back to back - Santander & affiliates 1,886 — 1,886 — (1,868 ) 18 Back to back - third party 4,664 — 4,664 — (4,664 ) — Total derivatives subject to a master netting arrangement or similar arrangement 96,248 — 96,248 — (96,230 ) 18 Total return settlement 53,543 — 53,543 — — 53,543 Total derivatives not subject to a master netting arrangement or similar arrangement 53,543 — 53,543 — — 53,543 Total derivative liabilities $ 149,791 $ — $ 149,791 $ — $ (96,230 ) $ 53,561 Total financial liabilities $ 149,791 $ — $ 149,791 $ — $ (96,230 ) $ 53,561 December 31, 2015 Interest rate swaps - Santander & affiliates $ 4,977 $ — $ 4,977 $ — $ (3,430 ) $ 1,547 Interest rate swaps - third party 3,093 — 3,093 — (3,093 ) — Back to back - Santander & affiliates 12,724 — 12,724 — (12,270 ) 454 Back to back - third party 20,253 — 20,253 — (20,253 ) — Total derivatives subject to a master netting arrangement or similar arrangement 41,047 — 41,047 — (39,046 ) 2,001 Total return settlement 53,432 — 53,432 — — 53,432 Total derivatives not subject to a master netting arrangement or similar arrangement 53,432 — 53,432 — — 53,432 Total derivative liabilities $ 94,479 $ — $ 94,479 $ — $ (39,046 ) $ 55,433 Total financial liabilities $ 94,479 $ — $ 94,479 $ — $ (39,046 ) $ 55,433 (a) Cash collateral pledged is reported in Other assets or Due from affiliate, as applicable, in the condensed consolidated balance sheet. The gross gains (losses) reclassified from accumulated other comprehensive income (loss) to net income, and gains (losses) recognized in net income, are included as components of interest expense. The impacts on the condensed consolidated statements of income and comprehensive income for the three and six months ended June 30, 2016 and 2015 were as follows: Three Months Ended June 30, 2016 Recognized in Earnings Gross Gains (Losses) Recognized in Accumulated Other Comprehensive Income (Loss) Gross Gains (Losses) Reclassified From Accumulated Other Comprehensive Interest rate swap agreements designated as cash flow hedges $ 27 $ (36,006 ) $ (12,561 ) Derivative instruments not designated as hedges: Gains (losses) recognized in interest expense $ 11,696 Gains (losses) recognized in operating expenses $ (1,364 ) Three Months Ended June 30, 2015 Recognized in Earnings Gross Gains (Losses) Recognized in Accumulated Other Comprehensive Income (Loss) Gross Gains (Losses) Reclassified From Accumulated Other Comprehensive Interest rate swap agreements designated as cash flow hedges $ — $ (5,640 ) $ (11,266 ) Derivative instruments not designated as hedges: Gains (losses) recognized in interest expense $ 6,852 Gains (losses) recognized in operating expenses $ (2,078 ) Six Months Ended June 30, 2016 Recognized in Earnings Gross Gains (Losses) Recognized in Accumulated Other Comprehensive Income (Loss) Gross Gains (Losses) Reclassified From Accumulated Other Comprehensive Interest rate swap agreements designated as cash flow hedges $ 235 $ (109,011 ) $ (24,643 ) Derivative instruments not designated as hedges: Gains (losses) recognized in interest expense $ 6,197 Gains (losses) recognized in operating expenses $ (2,680 ) Six Months Ended June 30, 2015 Recognized in Earnings Gross Gains (Losses) Recognized in Accumulated Other Comprehensive Income (Loss) Gross Gains (Losses) Reclassified From Accumulated Other Comprehensive Interest rate swap agreements designated as cash flow hedges $ 223 $ (37,176 ) $ (22,337 ) Derivative instruments not designated as hedges: Gains (losses) recognized in interest expense $ 4,423 Gains (losses) recognized in operating expenses $ (14,033 ) The ineffectiveness related to the interest rate swap agreements designated as cash flow hedges was insignificant for the three and six months ended June 30, 2016 and 2015 . The Company estimates that approximately $48,000 of unrealized losses included in accumulated other comprehensive income (loss) will be reclassified to interest expense within the next twelve months.

Other Assets

Other Assets	6 Months Ended
	Jun. 30, 2016
Other Assets [Abstract]
Other Assets	Other Assets Other assets were comprised as follows: June 30, December 31, Vehicles (a) $ 232,293 $ 203,906 Manufacturer subvention payments receivable (b) 111,823 132,856 Upfront fee (b) 102,500 110,000 Derivative assets (Note 7) 92,579 59,022 Prepaids 41,959 33,183 Accounts receivable 22,083 27,028 Other 15,703 16,296 $ 618,940 $ 582,291 (a) Includes vehicles obtained through repossession as well as vehicles obtained due to lease terminations. (b) These amounts relate to the Chrysler Agreement. The Company paid a $150,000 upfront fee upon the May 2013 inception of the agreement. The fee is being amortized into finance and other interest income over a ten -year term. As the preferred financing provider for FCA, the Company is entitled to subvention payments on loans and leases with below-market customer payments.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company recorded income tax expense of $154,218 ( 35.2% effective tax rate) and $208,454 ( 36.4% effective tax rate) during the three months ended June 30, 2016 and 2015 , respectively. The Company recorded income tax expense of $274,861 ( 35.9% effective tax rate) and $331,277 ( 35.3% effective tax rate) during the six months ended June 30, 2016 and 2015 , respectively. The Company is a party to a tax sharing agreement requiring that the unitary state tax liability among affiliates included in unitary state tax returns be allocated using the hypothetical separate company tax calculation method. At June 30, 2016 , the Company had a net receivable from affiliates under the tax sharing agreement of $85 , which was included in Related party taxes receivable in the condensed consolidated balance sheet. At December 31, 2015 , the Company had a net receivable from affiliates under the tax sharing agreement of $71 , which was included in Related party taxes receivable in the condensed consolidated balance sheet. Significant judgment is required in evaluating and reserving for uncertain tax positions. Although management believes adequate reserves have been established for all uncertain tax positions, the final outcomes of these matters may differ. Management does not believe the outcome of any uncertain tax position, individually or combined, will have a material effect on the results of operations. The reserve for uncertain tax positions, as well as associated penalties and interest, is a component of the income tax provision.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies The Company is obligated to make purchase price holdback payments to a third-party originator of auto loans that the Company has purchased, when losses are lower than originally expected. The Company also is obligated to make total return settlement payments to this third-party originator in 2016 and 2017 if returns on the purchased loans are greater than originally expected. These obligations are accounted for as derivatives (Note 7). The Company has extended revolving lines of credit to certain auto dealers. Under this arrangement, the Company is committed to lend up to each dealer's established credit limit. At June 30, 2016 and December 31, 2015 , there was an outstanding balance of $20,164 and $26,941 , respectively and a committed amount of $20,792 and $27,385 , respectively. Under terms of agreements with LendingClub, the Company was committed to purchase, at a minimum, through June 30, 2016 , the lesser of $30,000 per month or 50% of LendingClub’s aggregate "near-prime" (as that term is defined in the agreements) originations and, thereafter through July 2017, the lesser of $30,000 per month or 50% of LendingClub’s aggregate near-prime originations. This commitment could be reduced or canceled with 90 days ' notice. On October 9, 2015, the Company sent a notice of termination to LendingClub, and, accordingly, ceased originations on this platform on January 7, 2016. The Company is committed to purchase certain new advances on personal revolving financings originated by a third party retailer, along with existing balances on accounts with new advances, for an initial term ending in April 2020 and renewing through April 2022 at the retailer's option. Each customer account generated under the agreements generally is approved with a credit limit higher than the amount of the initial purchase, with each subsequent purchase automatically approved as long as it does not cause the account to exceed its limit and the customer is in good standing. As these credit lines do not have a specified maturity, but rather can be terminated at any time in the event of adverse credit changes or lack of use, the Company has not recorded an allowance for unfunded commitments. As of June 30, 2016 and December 31, 2015 , the Company was obligated to purchase $12,445 and $12,486 , respectively, in receivables that had been originated by the retailer but not yet purchased by the Company. The Company also is required to make a profit-sharing payment to the retailer each month if performance exceeds a specified return threshold. The retailer also has the right to repurchase up to 9.99% of the existing portfolio at any time during the term of the agreement, and, provided that repurchase right is exercised, has the right to retain up to 20% of new accounts subsequently originated. Under terms of an application transfer agreement with an OEM other than FCA, the Company has the first opportunity to review for its own portfolio any credit applications turned down by the OEM's captive finance company. The agreement does not require the Company to originate any loans, but for each loan originated the Company pays the OEM a referral fee, comprised of a volume bonus fee and a loss betterment bonus fee. The loss betterment bonus fee is calculated annually and is based on the amount by which losses on loans originated under the agreement are lower than an established percentage threshold. The Company has agreements with SBNA to service recreational and marine vehicle portfolios. These agreements call for a periodic retroactive adjustment, based on cumulative return performance, of the servicing fee rate to inception of the contract. There were downward adjustments of zero and $836 for the three and six months ended June 30, 2016 , respectively. There were downward adjustments of zero and $147 for the three and six months ended June 30, 2015 , respectively. In connection with the sale of retail installment contracts through securitizations and other sales, the Company has made standard representations and warranties customary to the consumer finance industry. Violations of these representations and warranties may require the Company to repurchase loans previously sold to on- or off-balance sheet trusts or other third parties. As of June 30, 2016 , there were no loans that were the subject of a demand to repurchase or replace for breach of representations and warranties for the Company's asset-backed securities or other sales. In the opinion of management, the potential exposure of other recourse obligations related to the Company’s retail installment contract sales agreements will not have a material adverse effect on the Company’s consolidated financial position, results of operations, or cash flows. Santander has provided guarantees on the covenants, agreements, and obligations of the Company under the governing documents of its warehouse facilities and privately issued amortizing notes. These guarantees are limited to the obligations of the Company as servicer. Under terms of the Chrysler Agreement, the Company must make revenue sharing payments to FCA and also must make gain-sharing payments when residual gains on leased vehicles exceed a specified threshold. The Company had accrued $15,047 and $12,054 at June 30, 2016 and December 31, 2015 , respectively, related to these obligations. The Company has a flow agreement with Bank of America whereby the Company is committed to sell up to a specified amount of eligible loans to the bank each month through May 2018 . Prior to October 1, 2015, the amount of this monthly commitment was $300,000 . On October 1, 2015, the Company and Bank of America amended the flow agreement to increase the maximum commitment to $350,000 of eligible loans each month, and to change the required written notice period from either party, in the event of termination of the agreement, from 120 days to 90 days . On July 27, 2016, the Company and Bank of America further amended the flow agreement to reduce the maximum commitment to sell eligible loans each month to the original contractual amount of $300,000 . On October 27, 2016, Bank of America notified the Company that it is terminating the flow agreement effective January 31, 2017. The Company retains servicing on all sold loans and may receive or pay a servicer performance payment based on an agreed-upon formula if performance on the sold loans is better or worse, respectively, than expected performance at time of sale. The Company had accrued $8,553 and $6,331 at June 30, 2016 and December 31, 2015 , respectively, related to this obligation. The Company has sold loans to CBP under terms of a flow agreement and predecessor sale agreements. On June 25, 2015, the Company and CBP amended the flow agreement to reduce, effective from and after August 1, 2015, CBP's committed purchases of Chrysler Capital prime loans from a maximum of $600,000 and a minimum of $250,000 per quarter to a maximum of $200,000 and a minimum of $50,000 per quarter, as may be adjusted according to the agreement. The Company retains servicing on the sold loans and will owe CBP a loss-sharing payment capped at 0.5% of the original pool balance if losses exceed a specified threshold, established on a pool-by-pool basis. The Company had accrued $2,310 and $3,375 at June 30, 2016 and December 31, 2015 , respectively, related to the loss-sharing obligation. The Company provided SBNA with the first right to review and approve consumer vehicle lease applications, subject to volume constraints, under terms of a flow agreement that was terminated on May 9, 2015. The Company has indemnified SBNA for potential credit and residual losses on $48,226 of leases that had been originated by SBNA under this program but were subsequently determined not to meet SBNA’s underwriting requirements. This indemnification agreement is supported by an equal amount of cash collateral posted by the Company in an SBNA bank account. The collateral account balance is included in restricted cash in the Company's condensed consolidated balance sheets. The Company additionally has agreed to indemnify SBNA for residual losses, up to a cap, on certain leases originated under the flow agreement between September 24, 2014 and May 9, 2015 for which SBNA and the Company had differing residual value expectations at lease inception. The Company is party to a forward flow asset sale agreement with a third party under terms of which the Company is committed to sell charged off loan receivables in bankruptcy status on a quarterly basis until sales total at least $350,000 in proceeds. Any sale after the total sales have reached $275,000 is subject to a market price check. As of June 30, 2016 and December 31, 2015 , the remaining aggregate commitment was $168,472 and $200,707 , respectively. In connection with the bulk sales of Chrysler Capital leases (including the sale described in Note 3), the Company is obligated to make quarterly payments to the purchaser sharing residual losses for lease terminations with losses over a specific percentage threshold. The estimated guarantee liability, net, was $964 and $2,893 , net, as of June 30, 2016 and December 31, 2015 , respectively. Pursuant to the terms of a Separation Agreement among former CEO Thomas G. Dundon, the Company, DDFS LLC, SHUSA and Santander, upon satisfaction of applicable conditions, including receipt of required regulatory approvals, the Company will owe Mr. Dundon a cash payment of up to $115,139 (Note 11). Legal Proceedings Periodically, the Company is party to, or otherwise involved in, various lawsuits and other legal proceedings that arise in the ordinary course of business. On August 26, 2014, a purported securities class action lawsuit was filed in the United States District Court, Southern District of New York, captioned Steck v. Santander Consumer USA Holdings Inc. et al., No. 1:14-cv-06942 (the Deka Lawsuit). On October 6, 2014, another purported securities class action lawsuit was filed in the District Court of Dallas County, State of Texas, captioned Kumar v. Santander Consumer USA Holdings, et al., No. DC-14-11783, which was subsequently removed to the United States District Court, Northern District of Texas, and re-captioned Kumar v. Santander Consumer USA Holdings, et al., No. 3:14-CV-3746 (the Kumar Lawsuit). Both the Deka Lawsuit and the Kumar Lawsuit were brought against the Company, certain of its current and former directors and executive officers and certain institutions that served as underwriters in the Company's IPO on behalf of a class consisting of those who purchased or otherwise acquired the Company's securities between January 23, 2014 and June 12, 2014. In February 2015, the Kumar Lawsuit was voluntarily dismissed with prejudice. In June 2015, the venue of the Deka Lawsuit was transferred to the United States District Court, Northern District of Texas. In September 2015, the court granted a motion to appoint lead plaintiffs and lead counsel, and the Deka Lawsuit is now captioned Deka Investment GmbH et al. v. Santander Consumer USA Holdings Inc. et al., No. 3:15-cv-2129-K. The amended class action complaint in the Deka Lawsuit alleges that the Company's Registration Statement and Prospectus and certain subsequent public disclosures contained misleading statements concerning the Company’s ability to pay dividends and the adequacy of the Company’s compliance systems and oversight. The amended complaint asserts claims under Sections 11, 12(a) and 15 of the Securities Act of 1933 and under Sections 10(b) and 20(a) of the Exchange Act, and Rule 10b-5 promulgated thereunder, and seeks damages and other relief. On December 18, 2015, the Company and the individual defendants moved to dismiss the amended class action complaint and on June 13, 2016, the motion to dismiss was denied. On October 15, 2015, a shareholder derivative complaint was filed in the Court of Chancery of the State of Delaware, captioned Feldman v. Jason A. Kulas, et al., C.A. No. 11614 (the Feldman Lawsuit). The Feldman Lawsuit names as defendants current and former members of the Company’s Board, and names the Company as a nominal defendant. The complaint alleges, among other things, that the current and former director defendants breached their fiduciary duties in connection with overseeing the Company’s subprime auto lending practices, resulting in harm to the Company. The complaint seeks unspecified damages and equitable relief. On December 29, 2015, the Feldman Lawsuit was stayed pending the resolution of the Deka Lawsuit. On March 18, 2016, a purported securities class action lawsuit was filed in the United States District Court, Northern District of Texas, captioned Parmelee v. Santander Consumer USA Holdings Inc. et al., No. 3:16-cv-783 (the Parmelee Lawsuit). On April 4, 2016, another purported securities class action lawsuit was filed in the United States District Court, Northern District of Texas, captioned Benson v. Santander Consumer USA Holdings Inc. et al., No. 3:16-cv-919 (the Benson Lawsuit). Both the Parmelee Lawsuit and the Benson Lawsuit were filed against the Company and certain of its current and former directors and executive officers on behalf of a class consisting of all those who purchased or otherwise acquired the Company's securities between February 3, 2015 and March 15, 2016. The complaints in the Parmelee Lawsuit and Benson Lawsuit allege that the Company made false or misleading statements, as well as failed to disclose material adverse facts, in prior Annual and Quarterly Reports filed under the Exchange Act and certain other public disclosures, in connection with the Company’s change in its methodology for estimating its allowance for credit losses and correction of such allowance for prior periods in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015. The complaints assert claims under Sections 10(b) and 20(a) of the Exchange Act, and Rule 10b-5 promulgated thereunder, and seek damages and other relief. On May 25, 2016, the Benson Lawsuit was consolidated into the Parmelee Lawsuit, with the consolidated case captioned as Parmelee v. Santander Consumer USA Holdings Inc. et al., No. 3:16-cv-783. On September 27, 2016, a shareholder derivative complaint was filed in the Court of Chancery of the State of Delaware, captioned Jackie888, Inc. v. Jason Kulas, et al., C.A. # 12775 (the Jackie888 Lawsuit). The Jackie888 Lawsuit names as defendants current and former members of the Company’s Board, and names the Company as a nominal defendant. The complaint alleges, among other things, that the defendants breached their fiduciary duties in connection with the Company’s accounting practices and controls. The complaint seeks unspecified damages and equitable relief. Further, the Company is party to, or is periodically otherwise involved in, reviews, investigations, and proceedings (both formal and informal), and information-gathering requests, by government and self-regulatory agencies, including the Federal Reserve, the CFPB, the DOJ, the SEC, the FTC and various state regulatory agencies. Currently, such proceedings include a civil subpoena from the DOJ, under FIRREA, requesting the production of documents and communications that, among other things, relate to the underwriting and securitization of nonprime auto loans since 2007, and from the SEC requesting the production of documents and communications that, among other things, relate to the underwriting and securitization of nonprime auto loans since 2013. The Company also has received civil subpoenas from various state Attorneys General requesting similar documents and communications. The Company is complying with the requests for information and document preservation and continues to discuss these matters with the relevant government authorities. On November 4, 2015, the Company entered into an Assurance of Discontinuance (AOD) with the Office of Attorney General of the Commonwealth of Massachusetts (the Massachusetts AG). The Massachusetts AG alleged that the Company violated the maximum permissible interest rates allowed under Massachusetts law due to the inclusion of GAP charges in the calculation of finance charges. Among other things, the AOD requires the Company, with respect to any loan that exceeded the maximum rates, to issue refunds of all finance charges paid to date and to waive all future finance charges. The AOD also requires the Company to undertake certain remedial measures, including ensuring that interest rates on its loans do not exceed maximum rates (when GAP charges are included) in the future, and provides that the Company pay $150 to the Massachusetts AG to reimburse its costs of implementing the AOD. On February 25, 2015, the Company entered into a consent order with the DOJ, approved by the United States District Court for the Northern District of Texas, that resolves the DOJ’s claims against the Company that certain of its repossession and collection activities during the period of time between January 2008 and February 2013 violated the Servicemembers Civil Relief Act (SCRA). The consent order requires the Company to pay a civil fine in the amount of $55 , as well as at least $9,360 to affected servicemembers consisting of $10 per servicemember plus compensation for any lost equity (with interest) for each repossession by us, and $5 per servicemember for each instance where the Company sought to collect repossession-related fees on accounts where a repossession was conducted by a prior account holder, as well as requires the Company to undertake certain additional remedial measures. On July 31, 2015, the CFPB notified the Company that it had referred to the DOJ certain alleged violations by the Company of the ECOA regarding statistical disparities in markups charged by automobile dealers to protected groups on loans originated by those dealers and purchased by the Company and the treatment of certain types of income in the Company’s underwriting process. On September 25, 2015, the DOJ notified the Company that it has initiated, based on the referral from the CFPB, an investigation under the ECOA of the Company's pricing of automobile loans. The Company does not believe that there are any proceedings, threatened or pending, that, if determined adversely, would have a material adverse effect on the consolidated financial position, results of operations, or liquidity of the Company.

Related-Party Transactions

Related-Party Transactions	6 Months Ended
	Jun. 30, 2016
Related Party Transactions [Abstract]
Related-Party Transactions	Related-Party Transactions Related-party transactions not otherwise disclosed in these footnotes to the condensed consolidated financial statements include the following: Interest expense, including unused fees, for affiliate lines/letters of credit for the three and six months ended June 30, 2016 and 2015 , was as follows: Three Months Ended Six Months Ended June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Line of credit agreement with Santander - New York Branch (Note 5) $ 16,123 $ 26,151 $ 36,396 $ 51,635 Line of credit agreement with SHUSA (Note 5) 6,005 1,313 8,869 2,603 Accrued interest for affiliate lines/letters of credit at June 30, 2016 and December 31, 2015 , was as follows: June 30, December 31, 2015 Line of credit agreement with Santander - New York Branch (Note 5) $ 5,092 $ 6,015 Line of credit agreement with SHUSA (Note 5) 933 267 In 2015, under an agreement with Santander, the Company began incurring a fee of 12.5 basis points (per annum) on certain warehouse lines, as they renew, for which Santander provides a guarantee of the Company's servicing obligations. The Company recognized guarantee fee expense of $1,589 and $3,167 for the three and six months ended June 30, 2016 . As of June 30, 2016 and December 31, 2015 , the Company had $5,448 and $2,282 of related fees payable to Santander, respectively. The Company has derivative financial instruments with Santander and affiliates with outstanding notional amounts of $9,726,500 and $13,739,000 at June 30, 2016 and December 31, 2015 , respectively (Note 7). The Company had a collateral overage on derivative liabilities with Santander and affiliates of $22,584 and $20,775 at June 30, 2016 and December 31, 2015 , respectively. Interest expense and mark-to-market adjustments on these agreements totaled $4,016 and $14,986 for the three months ended June 30, 2016 and 2015 , respectively, and $14,166 and $32,228 for the six months ended June 30, 2016 and 2015 , respectively. The Company is required to permit SBNA first right to review and assess Chrysler Capital dealer lending opportunities. Prior to April 15, 2016, SBNA paid the Company a relationship management fee based upon the performance and yields of Chrysler Capital dealer loans held by SBNA; on April 15, 2016, the relationship management fee was replaced with an origination fee and annual renewal fee for each loan. The Company recognized zero and $1,448 of relationship management fee income for the three months ended June 30, 2016 and 2015 , respectively, and $419 and $3,071 for the six months ended June 30, 2016 and 2015 , respectively. As of June 30, 2016 and December 31, 2015 , the Company had relationship management fees receivable from SBNA of zero and $419 , respectively. For each of the three and six -month periods ended June 30, 2016 , the Company recognized $1,283 and $113 of origination and renewal fee income, respectively. As of June 30, 2016 and December 31, 2015 , the Company had origination and annual renewal fees receivable from SBNA of $312 and zero , respectively. All Chrysler Capital receivables from dealers, including receivables held by SBNA and by the Company, are serviced by SBNA. Servicing fee expense to SBNA for the Company's Chrysler Capital receivables from dealers totaled $18 and $84 for the three months ended June 30, 2016 and 2015 , respectively, and $52 and $170 for the six months ended June 30, 2016 and 2015 , respectively. As of June 30, 2016 and December 31, 2015 , the Company had $21 and $37 , respectively, of servicing fees payable to SBNA. The Company may provide advance funding for dealer loans originated by SBNA, which is reimbursed to the Company by SBNA. The Company had no outstanding receivable from SBNA as of June 30, 2016 or December 31, 2015 for such advances. Under the agreement with SBNA, the Company may originate retail consumer loans in connection with sales of vehicles that are collateral held against floorplan loans by SBNA. Upon origination, the Company remits payment to SBNA, who settles the transaction with the dealer. The Company owed SBNA $2,307 and $2,737 related to such originations as of June 30, 2016 and December 31, 2015 , respectively. The Company is amortizing a $9,000 referral fee received in connection with the dealer lending arrangements into income over a ten -year period, ending on the July 1, 2022 termination date of the governing agreements. As of June 30, 2016 and December 31, 2015 , the unamortized fee balance was $6,300 and $6,750 , respectively. The Company recognized $225 and $450 of income related to the referral fee for each of the three and six months ended June 30, 2016 and 2015 , respectively. The Company also has agreements with SBNA to service auto retail installment contracts and recreational and marine vehicle portfolios. Servicing fee income recognized under these agreements totaled $1,209 and $689 for the three months ended June 30, 2016 and 2015 , respectively, and $3,317 and $2,633 for the six months ended June 30, 2016 and 2015 , respectively. Other information on the serviced auto loan and retail installment contract portfolios for SBNA as of June 30, 2016 and December 31, 2015 is as follows: June 30, December 31, Total serviced portfolio $ 607,538 $ 692,291 Cash collections due to owner 22,712 19,302 Servicing fees receivable 1,368 1,476 Until May 9, 2015, the Company was party to a flow agreement with SBNA whereby SBNA had the first right to review and approve Chrysler Capital consumer vehicle lease applications. The Company could review any applications declined by SBNA for the Company’s own portfolio. The Company received an origination fee and continues to provide servicing on all leases originated under this agreement. Pursuant to the Chrysler Agreement, the Company pays FCA on behalf of SBNA for residual gains and losses on the flowed leases. The Company also services leases it sold to SBNA in 2014. Origination fee income recognized under the agreement totaled $2,807 and $8,431 for the three and six months ended June 30, 2015 , respectively. Servicing fee income recognized on leases serviced for SBNA totaled $2,450 and $1,854 for the three months ended June 30, 2016 and 2015 , respectively, and $3,999 and $3,311 for the six months ended June 30, 2016 and 2015 , respectively. Other information on the consumer vehicle lease portfolio serviced for SBNA as of June 30, 2016 and December 31, 2015 is as follows: June 30, December 31, Total serviced portfolio $ 1,706,154 $ 2,198,519 Cash collections due to owner 122 132 Servicing fees receivable 782 784 Revenue share reimbursement receivable 1,985 1,370 On June 30, 2014, the Company entered into an indemnification agreement with SBNA whereby SC indemnifies SBNA for any credit or residual losses on a pool of $48,226 in leases originated under the flow agreement. The covered leases are non-conforming units because they did not meet SBNA’s credit criteria at origination. At the time of the agreement, SC established a $48,226 collateral account with SBNA in restricted cash that will be released over time to SBNA, in the case of losses, and SC, in the case of payments and sale proceeds. As of June 30, 2016 and December 31, 2015 , the balance in the collateral account was $16,003 and $34,516 , respectively. For the three and six -month periods ended June 30, 2015, the Company recognized an indemnification expense of $2,576 . For the three and six -month periods ended June 30, 2016 , the Company recognized an indemnification expense of zero . As of June 30, 2016 and December 31, 2015 , the Company had a recorded liability of $2,691 related to the residual losses covered under the agreement. In December 2015, the Company formed a new wholly-owned subsidiary, Santander Consumer International Puerto Rico, LLC (SCI), and SCI opened deposit accounts with Banco Santander Puerto Rico, an affiliated entity. As of June 30, 2016 and December 31, 2015 , SCI had cash of $3,054 and $4,920 , respectively, on deposit with Banco Santander Puerto Rico. During 2015, Santander Investment Securities Inc. (SIS), an affiliated entity, purchased a portion of the Class B notes of SDART 2013-3, a consolidated securitization Trust, with a principal balance of $725 . As of June 30, 2016 and December 31, 2015 , the unpaid note balance of the Class B notes owned by SIS was zero and $510 , respectively. In addition, during 2015, SIS purchased an investment of $2,000 in the Class A3 notes of CCART 2013-A, a securitization Trust formed by the Company in 2013. As of June 30, 2016 and December 31, 2015 , the unpaid note balance of the Class A3 notes owned by SIS was $17 and $743 , respectively. Although CCART 2013-A is not a consolidated entity of the Company, the Company continues to service the assets of the associated trust. SIS also serves as co-manager on certain of the Company’s securitizations. Amounts paid to SIS as co-manager for the three months ended June 30, 2016 and 2015 , totaled $949 and $200 , respectively, and totaled $1,049 and $300 for the six months ended June 30, 2016 and 2015 , respectively. These co-manager fees are accounted for as debt issuance costs in the accompanying condensed consolidated financial statements. Produban Servicios Informaticos Generales S.L., a Santander affiliate, is under contract with the Company to provide professional services, telecommunications, and internal and/or external applications. Expenses incurred, which are included as a component of other operating costs, totaled $24 and $21 for the three months ended June 30, 2016 and 2015 , respectively, and $48 and $123 for the six months ended June 30, 2016 and 2015 , respectively. The Company is party to an MSA with a company in which it has a cost method investment and holds a warrant to increase its ownership if certain vesting conditions are satisfied. The MSA enables SC to review credit applications of retail store customers. Under terms of the MSA, the Company had net originations of personal revolving loans of $10,662 and $18,288 , respectively, during the three and six months ended June 30, 2015 . As of June 30, 2016 and December 31, 2015 , this cost method investment was carried at a value of zero in the Company's condensed consolidated balance sheets as it had been fully impaired. Effective April 11, 2016, the Company ceased funding new originations from most of the retailers for which it reviews credit applications and the Company has provided notice to the single remaining retailer that it will cease funding new originations effective August 17, 2016. On July 2, 2015, the Company announced the departure of Thomas G. Dundon from his roles as Chairman of the Board and CEO of the Company, effective as of the close of business on July 2, 2015. In connection with his departure, and subject to the terms and conditions of his Employment Agreement, including Mr. Dundon's execution of a release of claims against the Company, Mr. Dundon became entitled to receive certain payments and benefits under his Employment Agreement. Also in connection with his departure, Mr. Dundon entered into a Separation Agreement with the Company, DDFS LLC, SHUSA and Santander. The Separation Agreement provided, among other things, that Mr. Dundon resign as Chairman of the Board, as CEO of the Company and as an officer and/or director of any of the Company’s subsidiary companies. Mr. Dundon would continue to serve as a Director of the Company's Board, and would serve as a consultant to the Company for twelve months from the date of the Separation Agreement at a mutually agreed rate, subject to required bank regulatory approvals. Also subject to applicable regulatory approvals and law, Mr. Dundon’s outstanding stock options would remain exercisable until the third anniversary of his resignation, and subject to certain time limitations, Mr. Dundon would be permitted to exercise such options in whole, but not in part, and settle such options for a cash payment equal to the difference between the closing trading price of a share of Company common stock as of the date immediately preceding such exercise and the exercise price of such option. Mr. Dundon exercised this cash settlement option on July 2, 2015. The Separation Agreement also provided for the modification of terms for certain other equity-based awards (Note 14), subject to limitations of banking regulators and applicable law. As of June 30, 2016, the Company has not made any payments to Mr. Dundon, nor recorded any liability or obligation arising from or pursuant to the terms of the Separation Agreement. If all applicable conditions are satisfied, including receipt of required regulatory approvals, the Company will be obligated to make a cash payment to Mr. Dundon of up to $115,139 . This amount would be recorded as compensation expense in the condensed consolidated statement of income and comprehensive income in the period in which approval is obtained. Also, in connection with, and pursuant to, the Separation Agreement, on July 2, 2015, Mr. Dundon, the Company, DDFS LLC, SHUSA and Santander entered into an amendment to the Shareholders Agreement (the Second Amendment). The Second Amendment amended, for purposes of calculating the price per share to be paid in the event that a put or call option was exercised with respect to the shares of Company Common Stock owned by DDFS LLC in accordance with the terms and conditions of the Shareholders Agreement, the definition of the term “Average Stock Price” to mean $26.83 . Pursuant to the Separation Agreement, SHUSA was deemed to have delivered as of July 3, 2015 an irrevocable notice to exercise the call option with respect to all 34,598,506 shares of our Common Stock owned by DDFS and consummate the transactions contemplated by such call option notice, subject to the receipt of required bank regulatory approvals and any other approvals required by law (the Call Transaction). Because the Call Transaction was not consummated prior to the Call End Date, DDFS LLC is free to transfer any or all shares of Company Common Stock it owns, subject to the terms and conditions of the Amended and Restated Loan Agreement, dated as of July 16, 2014, between DDFS LLC and Santander (the Loan Agreement). The Loan Agreement provides for a $300,000 loan, which, as of June 30, 2016 and December 31, 2015 , had an unpaid principal balance of $290,000 . Pursuant to the Loan Agreement, 29,598,506 shares of the Company’s common stock owned by DDFS LLC are pledged as collateral under a related pledge agreement (the Pledge Agreement). Because the Call Transaction was not completed on or before the Call End Date, interest began accruing on the price paid per share in the Call Transaction at the overnight LIBOR rate on the third business day preceding the consummation of the Call Transaction plus 100 basis points with respect to any shares of Company Common Stock ultimately sold in the Call Transaction. The Shareholder Agreement further provides that Santander may, at its option, become the direct beneficiary of the Call Option. If consummated in full, SHUSA would pay DDFS LLC $928,278 plus interest that has accrued since the Call End Date. To date, the Call Transaction has not been consummated and remains subject to receipt of applicable regulatory approvals. Pursuant to the Loan Agreement, if at any time the value of the Common Stock pledged under the Pledge Agreement is less than 150% of the aggregate principal amount outstanding under the Loan Agreement, DDFS LLC has an obligation to either (a) repay a portion of such outstanding principal amount such that the value of the pledged collateral is equal to at least 200% of the outstanding principal amount, or (b) pledge additional shares of Company Common Stock such that the value of the additional shares of Common Stock, together with the 29,598,506 shares already pledged under the Pledge Agreement, is equal to at least 200% of the outstanding principal amount. The value of the pledged collateral is less than 150% of aggregate principal amount outstanding under the Loan Agreement, and DDFS LLC has not taken any of the collateral posting actions described in clauses (a) or (b) above. If Santander declares the borrower’s obligations under the Loan Agreement due and payable as a result of an event of default (including with respect to the collateral posting obligations described above), under the terms of the Loan Agreement and the Pledge Agreement, Santander’s ability to rely upon the shares of Company Common Stock subject to the Pledge Agreement is, subject to certain exceptions, limited to the exercise by SHUSA and/or Santander of the right to deliver the call option notice and to consummate the Call Transaction at the price specified in the Shareholders Agreement. If the borrower fails to pay obligations under the Loan Agreement when due, including because of Santander’s declaration of such obligations as due and payable as a result of an event of default, a higher default interest rate will apply to such overdue amounts. On August 31, 2016, Mr. Dundon, DDFS, the Company, Santander and SHUSA entered into a Second Amendment to the Separation Agreement, and Mr. Dundon, DDFS, Santander and SHUSA entered into a Third Amendment to the Shareholders Agreement, whereby the price per share to be paid to DDFS in connection with the Call Transaction was reduced from $26.83 to $26.17 , the arithmetic mean of the daily volume-weighted average price for a share of Company common stock for each of the ten consecutive complete trading days immediately prior to July 3, 2015, the date on which the call option was exercised. During the three and six months ended June 30, 2015 , the Company paid certain expenses incurred by Mr. Dundon in the operation of a private plane in which he owns a partial interest when used for SC business within the contiguous 48 states. Under this practice, payment was based on a set flight time hourly rate, and the amount of reimbursement was not subject to a maximum cap per fiscal year. For the three and six months ended June 30, 2015 , the Company paid $125 and $308 , respectively, to Meregrass, Inc., the Company managing the plane's operations, with an average rate of $5.8 per hour. Under an agreement with Mr. Dundon, the Company is provided access to a suite at an event center that is leased by Mr. Dundon, and which the Company uses for business purposes. The Company reimburses Mr. Dundon for the use of this space on a periodic basis. As of June 30, 2016 , Jason Kulas, the Company's CEO, Mr. Dundon, and a Santander employee who was a member of the SC Board until the second quarter of 2015, each had a minority equity investment in a property in which the Company leases 373,000 square feet as its corporate headquarters. For the three months ended June 30, 2016 and 2015 , the Company recorded $1,246 and $1,180 , respectively, in lease expenses on this property. For the six months ended June 30, 2016 and 2015 , the Company recorded $2,471 and $2,496 , respectively, in lease expenses on this property. Future minimum lease payments for the 12 -year term of the lease total $72,267 . The Company subleases approximately 13,000 square feet of its corporate office space to SBNA. For the three months ended June 30, 2016 and 2015 , the Company recorded $41 , in sublease revenue on this property. For the six months ended June 30, 2016 and 2015 , the Company recorded $82 , in sublease revenue on this property. The Company is party to certain agreements with Bluestem whereby the Company is committed to purchase receivables originated by Bluestem for an initial term ending in April 2020 and renewable through April 2022 at Bluestem's option. Bluestem is owned by Capmark, a company in which affiliates of Centerbridge own an interest. Centerbridge decreased its ownership in SC from approximately 1% as of January 1, 2015, to zero as of June 30, 2015 . Further, an individual that was a member of SC's Board until July 15, 2015, is a member of Centerbridge management and also serves on the board of directors of Capmark. During the three and six months ended June 30, 2015 , the Company advanced $250,687 and $408,916 , respectively, to the retailer, and received $249,583 and $526,943 , respectively, in payments on receivables originated under its agreements with the retailer.

Computation of Basic and Dilute

Computation of Basic and Diluted Earnings per Common Share	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earnings per Common Share	Computation of Basic and Diluted Earnings per Common Share Earnings per common share (EPS) is computed using the two-class method required for participating securities. Restricted stock awards whereby the holders of such shares have non-forfeitable dividend rights in the event of a declaration of a dividend on the Company’s common shares are considered to be participating securities. The calculation of diluted EPS excludes 1,466,891 and 48,800 employee stock option awards for the three months ended June 30, 2016 and 2015 , respectively and 1,466,891 and 1,307,113 for the six months ended June 30, 2016 and 2015 , respectively, as the effect of those securities would be anti-dilutive. The following table represents EPS numbers for the three and six months ended June 30, 2016 and 2015 : Three Months Ended Six Months Ended 2016 2015 2016 2015 Earnings per common share Net income $ 283,345 $ 364,715 $ 491,644 $ 607,160 Weighted average number of common shares outstanding before restricted participating shares (in thousands) 357,868 354,625 357,747 351,806 Weighted average number of participating restricted common shares outstanding (in thousands) 350 467 350 467 Weighted average number of common shares outstanding (in thousands) 358,218 355,092 358,097 352,273 Earnings per common share $ 0.79 $ 1.03 $ 1.37 $ 1.72 Earnings per common share - assuming dilution Net income $ 283,345 $ 364,715 $ 491,644 $ 607,160 Weighted average number of common shares outstanding (in thousands) 358,218 355,092 358,097 352,273 Effect of employee stock-based awards (in thousands) 1,650 4,102 1,330 3,659 Weighted average number of common shares outstanding - assuming dilution (in thousands) 359,868 359,194 359,427 355,932 Earnings per common share - assuming dilution $ 0.79 $ 1.02 $ 1.37 $ 1.71

Fair Value of Financial Instrum

Fair Value of Financial Instruments	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Fair Value of Financial Instruments Fair value measurement requires that valuation techniques maximize the use of observable inputs and minimize the use of unobservable inputs and also establishes a fair value hierarchy that categorizes into three levels the inputs to valuation techniques used to measure fair value as follows: Level 1 inputs are quoted prices in active markets for identical assets or liabilities that can be accessed as of the measurement date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 2 inputs are those other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in markets that are not active. Level 3 inputs are those that are unobservable for the asset or liability and are used to measure fair value to the extent relevant observable inputs are not available. Fair value estimates, methods, and assumptions are as follows: June 30, 2016 December 31, 2015 Level Carrying Estimated Carrying Estimated Cash and cash equivalents (a) 1 $ 78,049 $ 78,049 $ 18,893 $ 18,893 Finance receivables held for sale, net (b) 3 2,859,996 2,902,063 2,859,575 2,872,354 Finance receivables held for investment, net (c) 3 23,477,426 25,200,286 23,367,788 24,943,560 Restricted cash (a) 1 2,712,841 2,712,841 2,236,329 2,236,329 Notes payable — credit facilities (d) 3 7,005,116 7,005,116 6,902,779 6,902,779 Notes payable — secured structured financings (e) 2 22,493,245 22,639,426 20,872,900 20,917,733 Notes payable — related party (f) 3 2,350,000 2,350,000 2,600,000 2,600,000 (a) Cash and cash equivalents and restricted cash — The carrying amount of cash and cash equivalents, including restricted cash, is at an approximated fair value as the instruments mature within 90 days or less and bear interest at market rates. (b) Finance receivables held for sale, net — Finance receivables held for sale, net are comprised of retail installment contracts acquired individually and personal loans and are carried at the lower of cost or market, as determined on an aggregate basis for each type of receivable. • Retail installment contracts acquired individually — The estimated fair value is calculated based on a discounted cash flow (DCF) analysis in which the Company uses significant unobservable inputs on key assumptions, including expected default rates, prepayment rates, recovery rates, and discount rates reflective of the cost of funds and appropriate rate of returns. • Personal loans — The estimated fair value for personal loans held for sale is calculated based on a combination of estimated cash flows and market rates for similar loans with similar credit risks and a DCF analysis in which the Company uses significant unobservable inputs on key assumptions, including historical default rates and adjustments to reflect prepayment rates, discount rates reflective of the cost of funding, and credit loss expectations. (c) Finance receivables held for investment, net — Finance receivables held for investment, net are carried at amortized cost, net of an allowance. The estimated fair value for the underlying financial instruments are determined as follows: • Retail installment contracts held for investment, net — The estimated fair value is calculated based on a DCF in which the Company uses significant unobservable inputs on key assumptions, including historical default rates and adjustments to reflect prepayment rates, expected recovery rates, discount rates reflective of the cost of funding, and credit loss expectations. • Receivables from dealers held for investment and Capital lease receivables, net — Receivables from dealers held for investment and capital lease receivables are carried at amortized cost, net of credit loss allowance and gross investments, net of unearned income and allowance for lease losses, respectively. Management believes that the terms of these credit agreements approximate market terms for similar credit agreements. (d) Notes payable — credit facilities — The carrying amount of notes payable related to revolving credit facilities is estimated to approximate fair value. Management believes that the terms of these credit agreements approximate market terms for similar credit agreements as the facilities are subject to short-term floating interest rates that approximate rates available to the Company. (e) Notes payable — secured structured financings — The estimated fair value of notes payable related to secured structured financings is calculated based on market quotes for the Company’s publicly traded debt and estimated market rates currently available from recent transactions involving similar debt with similar credit risks. (f) Notes payable — related party — The carrying amount of notes payable to a related party is estimated to approximate fair value as the facilities are subject to short-term floating interest rates that approximate rates available to the Company. The following table presents the Company’s assets and liabilities that are measured at fair value on a recurring basis at June 30, 2016 and December 31, 2015 , and are categorized using the fair value hierarchy: Fair Value Measurements at June 30, 2016 Total Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Other assets — trading interest rate caps (a) $ 4,661 $ — $ 4,661 $ — Due from affiliates — trading interest rate caps (a) 1,886 — 1,886 — Due from affiliates — cash flow hedging interest rate swaps (a) 45 — 45 — Other liabilities — trading options for interest rate caps (a) 4,664 — 4,664 — Due to affiliates — trading options for interest rate caps (a) 1,886 — 1,886 — Other liabilities — cash flow hedging interest rate swaps (a) 64,109 — 64,109 — Due to affiliates — cash flow hedging interest rate swaps (a) 18,364 — 18,364 — Other liabilities — trading interest rate swaps (a) 3,526 — 3,526 — Due to affiliates — trading interest rate swaps (a) 3,699 — 3,699 — Other liabilities — total return settlement (a) 53,543 — — 53,543 Retail installment contracts acquired individually (b) 12,602 — — 12,602 Fair Value Measurements at December 31, 2015 Total Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Other assets — trading interest rate caps (a) $ 20,227 $ — $ 20,227 $ — Due from affiliates — trading interest rate caps (a) 12,724 — 12,724 — Other assets — cash flow hedging interest rate swaps (a) 3,863 — 3,863 — Due from affiliates — cash flow hedging interest rate swaps (a) 3,431 — 3,431 — Due from affiliates — trading interest rate swaps (a) 1,176 — 1,176 — Other liabilities — trading options for interest rate caps (a) 20,253 — 20,253 — Due to affiliates — trading options for interest rate caps (a) 12,724 — 12,724 — Other liabilities — cash flow hedging interest rate swaps (a) 3,093 — 3,093 — Due to affiliates — cash flow hedging interest rate swaps (a) 2,496 — 2,496 — Due to affiliates — trading interest rate swaps (a) 2,481 — 2,481 — Other liabilities — total return settlement (a) 53,432 — — 53,432 Retail installment contracts acquired individually (b) 6,770 — — 6,770 (a) The valuation is determined using widely accepted valuation techniques including a DCF on the expected cash flows of each derivative. This analysis reflects the contractual terms of the derivative, including the period to maturity, and uses observable market-based inputs. The Company incorporates credit valuation adjustments to appropriately reflect both its own nonperformance risk and the respective counterparty’s nonperformance risk in the fair value measurement of its derivatives. In adjusting the fair value of its derivative contracts for the effect of nonperformance risk, the Company has considered the impact of netting and any applicable credit enhancements, such as collateral postings and guarantees. The Company utilizes the exception in ASC 820-10-35-18D (commonly referred to as the “portfolio exception”) with respect to measuring counterparty credit risk for instruments (Note 7). (b) For certain retail installment contracts reported in finance receivables held for investment, net, the Company has elected the fair value option. The fair values of the retail installment contracts are estimated using a DCF model. When estimating the fair value using this model, the Company uses significant unobservable inputs on key assumptions, which includes historical default rates and adjustments to reflect prepayment rates based on available data from a comparable market securitization of similar assets, discount rates reflective of the cost of funding of debt issuance and recent historical equity yields, and recovery rates based on the average severity utilizing reported severity rates and loss severity utilizing available market data from a comparable securitized pool. Accordingly, retail installment contracts held for investment are classified as Level 3. The table below presents the changes in all Level 3 balances for the three and six months ended June 30, 2016 : Retail Installment Contracts Held for Investment Total Return Settlement Derivative Three Months Ended Six Months Ended Three Months Ended Six Months Ended June 30, 2016 June 30, 2016 Balance — beginning of period $ 4,139 $ 6,770 $ 53,793 $ 53,432 Losses recognized in earnings — — 1,364 2,680 Net collection activities (3,411 ) (6,042 ) — — Additions / issuances 11,874 11,874 — — Settlements — — (1,614 ) (2,569 ) Balance — end of period $ 12,602 $ 12,602 $ 53,543 $ 53,543 Total Return Settlement Derivative Three Months Ended Six Months Ended June 30, 2015 Balance — beginning of period $ 59,588 $ 48,893 Settlements (2,601 ) (3,861 ) Losses recognized in earnings 2,078 14,033 Balance — end of period $ 59,065 $ 59,065 The Company did not have any transfers between Levels 1 and 2 during the three and six months ended June 30, 2016 and June 30, 2015 . There were no amounts transferred into or out of Level 3 during the three and six months ended June 30, 2015 . The following table presents the Company’s assets and liabilities that are measured at fair value on a nonrecurring basis at June 30, 2016 and December 31, 2015 , and are categorized using the fair value hierarchy: Fair Value Measurements at June 30, 2016 Total Quoted Prices Significant Significant Lower of cost or fair value adjustment (c) Other assets — vehicles (a) $ 232,293 $ — $ 232,293 $ — $ — Personal loans held for sale (b) 970,712 — — 970,712 158,980 Fair Value Measurements at December 31, 2015 Total Quoted Prices Significant Significant Lower of cost or fair value adjustment (c) Other assets — vehicles (a) $ 203,906 $ — $ 203,906 $ — $ — Personal loans held for sale (b) 1,954,414 — — 1,954,414 613,994 (a) Represents vehicles in repossession or lease termination status at period-end, which have been charged off against credit loss allowance at fair value. The Company estimates the fair value of its vehicles, which are obtained either through repossession or lease termination, using historical auction rates and current market levels of used car prices. (b) Represents the portion of the portfolio specifically impaired as of period-end. The estimated fair value for personal loans held for sale is calculated based on a combination of estimated market rates for similar loans with similar credit risks and a DCF analysis in which the Company uses significant unobservable inputs on key assumptions, including historical default rates and adjustments to reflect prepayment rates, discount rates reflective of the cost of funding, and credit loss expectations. (c) The lower of cost or fair value adjustment for personal loans held for sale includes customer default activity and adjustments related to the net change in the portfolio balance during the reporting period.

Employee Benefit Plans

Employee Benefit Plans	6 Months Ended
	Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Employee Benefit Plans	Employee Benefit Plans The Company has granted stock options to certain executives, other employees, and independent directors under the 2011 Management Equity Plan (the Plan), which enabled the Company to make stock awards up to a total of approximately 29 million common shares (net of shares canceled and forfeited), and expired on January 31, 2015. The Company has granted stock options, restricted stock awards and restricted stock units (RSUs) under the Omnibus Incentive Plan, which was established in 2013 and enables the Company to grant awards of non-qualified and incentive stock options, stock appreciation rights, restricted stock awards, RSUs, and other awards that may be settled in or based upon the value of the Company's common stock up to a total of 5,192,640 common shares. Stock options granted have an exercise price based on the estimated fair market value of the Company’s common stock on the grant date. The stock options expire ten years after grant date and include both time vesting options and performance vesting options. The fair value of the stock options is amortized into income over the vesting period as time and performance vesting conditions are met. Compensation expense related to the 583,890 shares of restricted stock the Company has issued to certain executives is recognized over a five -year vesting period, with $180 and $611 recorded for the three months ended June 30, 2016 and 2015 , respectively and $361 and $1,216 recorded for the six months ended June 30, 2016 and 2015 , respectively. A summary of the Company’s stock options and related activity as of and for the six months ended June 30, 2016 is as follows: Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value Options outstanding at January 1, 2016 5,675,327 $ 12.30 6.5 $ 20,151 Granted 48,000 13.77 — — Exercised (279,468 ) 9.36 — 736 Expired (492,622 ) 10.46 — — Forfeited (258,329 ) 14.58 — — Options outstanding at June 30, 2016 4,692,908 12.56 5.9 — Options exercisable at June 30, 2016 2,686,848 10.83 5.6 — In connection with compensation restrictions imposed on certain executive officers and other employees by the European Central Bank under the Capital Requirements Directive IV prudential rules, which require a portion of such officers' and employees' variable compensation to be paid in the form of equity, the Company periodically grants RSUs. Such RSUs were granted during the three and six months ended June 30, 2016. Under the Omnibus Incentive Plan, a portion of these RSUs vest immediately upon grant, and a portion vest annually over the following three years . The Company also has granted certain officers RSUs that vest over a three -year period, with vesting dependent on Banco Santander performance over that time. After vesting, stock obtained by employees and officers through RSUs must be held for one year . The Company also has granted certain directors RSUs that vest either upon the earlier of the first anniversary of grant date or the first annual meeting following the grant date. On July 2, 2015, Mr. Dundon exercised a right under the Separation Agreement to settle his vested options for a cash payment. Subject to limitations of banking regulators and applicable law, Mr. Dundon’s Separation Agreement also provided that his unvested stock options would vest in full and his unvested restricted stock awards would continue to vest in accordance with their terms as if he remained employed by the Company. In addition, any service-based vesting requirements that were applicable to Mr. Dundon’s outstanding RSUs in respect of his 2014 annual bonus were waived, and such RSUs continue to vest and be settled in accordance with the underlying award agreement. However, because the Separation Agreement did not receive the required regulatory approvals within 60 days of Mr. Dundon’s termination without cause, both the vested and unvested stock options are considered to have expired.

Shareholders' Equity

Shareholders' Equity	6 Months Ended
	Jun. 30, 2016
Equity [Abstract]
Shareholders' Equity	Shareholders' Equity Treasury Stock The Company had 69,005 shares of treasury stock outstanding, with a cost of $1,250 as of June 30, 2016 and December 31, 2015 . These shares include 3,154 shares the Company repurchased prior to the IPO as a result of an employee leaving the Company, and 65,851 shares withheld to cover income taxes related to the vesting of RSUs awarded to certain executive officers. The value of the treasury stock is immaterial and included within additional paid-in capital. Accumulated Other Comprehensive Income (Loss) A summary of changes in accumulated other comprehensive income (loss), net of tax, for the three and six months ended June 30, 2016 and 2015 is as follows: Three Months Ended Six Months Ended June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Beginning balance, unrealized gains (losses) on cash flow hedges $ (36,065 ) $ (9,290 ) $ 2,125 $ 3,553 Other comprehensive loss before reclassifications (22,578 ) (3,458 ) (68,340 ) (23,249 ) Amounts reclassified out of accumulated other comprehensive income (loss) (a) 7,877 7,022 15,449 13,970 Ending balance, unrealized losses on cash flow hedges $ (50,766 ) $ (5,726 ) $ (50,766 ) $ (5,726 ) (a) Amounts reclassified out of accumulated other comprehensive income (loss) during the three and six months ended June 30, 2016 and 2015 consist of the following: Three Months Ended June 30, 2016 Three Months Ended June 30, 2015 Reclassification Amount reclassified Income statement line item Amount reclassified Income statement line item Cash flow hedges: Settlements of derivatives $ 12,561 Interest expense $ 11,266 Interest expense Tax benefit (4,684 ) (4,244 ) Net of tax $ 7,877 $ 7,022 Six Months Ended June 30, 2016 Six Months Ended June 30, 2015 Reclassification Amount reclassified Income statement line item Amount reclassified Income statement line item Cash flow hedges: Settlements of derivatives $ 24,643 Interest expense $ 22,337 Interest expense Tax benefit (9,194 ) (8,367 ) Net of tax $ 15,449 $ 13,970 Dividend Restrictions The Dodd-Frank Act requires certain banks and bank holding companies, including SHUSA, to perform stress testing and submit a capital plan to the Federal Reserve on an annual basis. On June 29, 2016, the FRB informed SHUSA that, based on qualitative concerns, the FRB objected to SHUSA’s capital plan pursuant to CCAR that SHUSA had previously submitted to the FRB. This objection followed the FRB's objections to the capital plans submitted in previous years, following which SHUSA entered into a written agreement with the FRB memorializing discussions under which, among other things, SHUSA is prohibited from allowing its non-wholly-owned nonbank subsidiaries, including the Company, to declare or pay any dividend, or to make any capital distribution, until such time as SHUSA has submitted to the FRB a capital plan and the FRB has issued a written non-objection to the plan, or the FRB otherwise issues its written non-objection to the proposed capital action. The Company will not pay any future dividends until such time as the FRB issues a written non-objection to a capital plan submitted by SHUSA or the FRB otherwise issues its written non-objection to the payment of a dividend by the Company.

Investment Gains (Losses), Net

Investment Gains (Losses), Net	6 Months Ended
	Jun. 30, 2016
Investments, Debt and Equity Securities [Abstract]
Investment Gains (Losses), Net	Investment Gains (Losses), Net When the Company sells individually acquired retail installment contracts, personal loans or leases, the Company recognizes a gain or loss for the difference between the cash proceeds and carrying value of the assets sold. The gain or loss is recorded in investment gains (losses), net. Lower of cost or market adjustments on the recorded investment of finance receivables held for sale are also recorded in investment gains (losses), net. Investment gains (losses), net was comprised of the following for the three and six months ended June 30, 2016 and 2015 : Three Months Ended Six Months Ended June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Gain (loss) on sale of loans and leases $ 788 $ 89,721 $ 2,396 $ 111,314 Lower of cost or market adjustments (94,767 ) — (158,980 ) — Other gains, losses and impairments, net (7,330 ) — (13,781 ) — $ (101,309 ) $ 89,721 $ (170,365 ) $ 111,314 The lower of cost or market adjustments for the three and six months ended June 30, 2016 included $97,169 and $198,516 in customer default activity and favorable adjustments of $2,402 and $39,536 , respectively, related to net changes in the unpaid principal balance on the personal lending portfolio, which has been classified as held for sale since September 30, 2015.

Description of Business, Basi24

Description of Business, Basis of Presentation, and Significant Accounting Policies and Practices (Policies)	6 Months Ended
	Jun. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying condensed consolidated financial statements include the accounts of the Company and its subsidiaries, including certain Trusts, which are considered VIEs. The Company also consolidates other VIEs for which it was deemed to be the primary beneficiary. All intercompany balances and transactions have been eliminated in consolidation. The accompanying condensed consolidated financial statements as of June 30, 2016 and December 31, 2015 , and for the three and six months ended June 30, 2016 and 2015 , have been prepared in accordance with U.S. GAAP for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, these financial statements contain all adjustments, consisting of normal recurring adjustments, necessary for the fair statement of the financial position, results of operations and cash flows for the periods indicated. Results of operations for the periods presented herein are not necessarily indicative of results of operations for the entire year. These financial statements should be read in conjunction with the Company’s Annual Report on Form 10-K/A for the year ended December 31, 2015 . The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and the disclosures of contingent assets and liabilities, as of the date of the financial statements and the amount of revenue and expenses during the reporting periods. Actual results could differ from those estimates and those differences may be material. These estimates include the determination of credit loss allowance, discount accretion, impairment, fair value, expected end-of-term lease residual values, values of repossessed assets, and income taxes. These estimates, although based on actual historical trends and modeling, may potentially show significant variances over ti
Business Segment Information	Business Segment Information The Company has one reportable segment: Consumer Finance, which includes the Company’s vehicle financial products and services, including retail installment contracts, vehicle leases, and dealer loans, as well as financial products and services related to motorcycles, recreational vehicles, and marine vehicles. It also includes the Company’s personal loan and point-of-sale financing operations.
Retail Installment Contracts	Retail Installment Contracts Interest is accrued when earned in accordance with the terms of the retail installment contract. The accrual of interest is discontinued and reversed once a retail installment contract becomes more than 60 days past due, and is resumed 18 and reinstated if a delinquent account subsequently becomes 60 days or less past due. A Chrysler Capital retail installment contract is considered current if the borrower has made all prior payments in full and at least 90% of the payment currently due, and a non-Chrysler Capital retail installment contract is considered current if the borrower has made all prior payments in full and at least 50% of the payment currently due. Payments generally are applied to fees first, then interest, then principal, regardless of a contract's accrual status. The amortization of discounts, subvention payments from manufacturers, and other origination costs on retail installment contracts held for investment acquired individually, or through a direct lending program, are recognized as adjustments to the yield of the related contract using the effective interest method. The Company estimates future principal prepayments in the calculation of the constant effective yield.
Recently Adopted Accounting Standards and Recently Issued Accounting Pronouncements	Recently Adopted Accounting Standards In June 2014, the FASB issued ASU 2014-12, Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could be Achieved after the Requisite Service Period. This standard affects entities that issue share-based payments when the terms of an award stipulate that a performance target could be achieved after an employee completes the requisite service period. This guidance became effective for the Company January 1, 2016 and implementation of this guidance did not have a significant impact on the Company’s financial position, results of operations, or cash flows. In January 2015, the FASB issued ASU 2015-01, Income Statement - Extraordinary and Unusual Items. This standard simplifies income statement classification by removing the concept of extraordinary items from U.S. GAAP, and as a result, items that are both unusual and infrequent no longer will be separately reported net of tax after continuing operations. This guidance became effective for the Company January 1, 2016 and implementation of this guidance did not have a significant impact on the Company’s financial position, results of operations, or cash flows. In February 2015, the FASB issued ASU 2015-02, Consolidation: Amendments to the Consolidation Analysis. This ASU changes the analysis that a reporting entity must perform to determine whether it should consolidate certain types of legal entities. This guidance became effective for the Company January 1, 2016 and implementation of this guidance did not have a significant impact on the Company’s financial position, results of operations, or cash flows. In April 2015, the FASB issued ASU 2015-05, Customer's Accounting for Fees Paid in a Cloud Computing Arrangement. This ASU clarifies when fees paid in a cloud computing arrangement pertain to the acquisition of a software license, services, or both. This guidance became effective for the Company January 1, 2016 and implementation of this guidance did not have a significant impact on the Company’s financial position, results of operations, or cash flows. Recently Issued Accounting Pronouncements In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers, which provides guidance on a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers. The effective date for this ASU, which was deferred by ASU 2015-14 issued in August 2015, is for fiscal years beginning after December 15, 2017. In March 2016, the FASB issued ASU 2016-08, an amendment to the guidance in ASU 2014-09 that revises the structure of the indicators to provide indicators of when the entity is the principal or agent in a revenue transaction, and eliminated two of the indicators ("the entity’s consideration is in the form of a commission" and "the entity is not exposed to credit risk") in making that determination. This amendment also clarifies that each indicator may be more or less relevant to the assessment depending on the terms and conditions of the contract. In April 2016, the FASB issued ASU 2016-10, which clarifies the implementation guidance on identifying promised goods or services and on determining whether an entity's promise to grant a license with either a right to use the entity's intellectual property (which is satisfied at a point in time) or a right to access the entity's intellectual property (which is satisfied over time). Also, in May 2016, the FASB issued ASU 2016-12, which provides clarifying guidance in a few narrow areas and add some practical expedient to the guidance. The amendments are expected to reduce the degree of judgment necessary to comply with the revenue recognition topic.The amendments, collectively, should be applied retrospectively to each prior reporting period presented or as a cumulative effect adjustment as of the date of adoption. Early adoption of the guidance is not permitted. The Company is currently evaluating the impact of adopting ASU 2014-09 and the related updates on its financial position, results of operations and disclosures. In January 2016, the FASB issued ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities , which provides guidance for the recognition, measurement, presentation, and disclosure of financial assets and liabilities. The guidance will be effective for the fiscal year beginning after December 15, 2017, including interim periods within that year. The Company is in the process of evaluating the impacts of the adoption of this ASU. In February 2016, the FASB issued ASU 2016-02, Leases, which will, among other impacts, change the criteria under which leases are identified and accounted for as on- or off-balance sheet. The guidance will be effective for the fiscal year beginning after December 15, 2018, including interim periods within that year. Once effective, the new guidance must be applied for all periods presented. The Company is in the process of evaluating the impacts of the adoption of this ASU. In March 2016, the FASB issued ASU 2016-09, Improvements to Employee Share-Based Payment Accounting, which is intended to simplify several aspects of the accounting for share-based payment award transactions. The guidance will be effective for the fiscal year beginning after December 15, 2016, including interim periods within that year. The Company is in the process of evaluating the impacts of the adoption of this ASU. In June 2016, the FASB issued ASU 2016-13, Financial Instruments-Credit Losses, which changes the criteria under which credit losses are measured. The amendment replaces the incurred loss impairment methodology in current U.S. GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to perform credit loss estimates. The guidance will be effective for the fiscal year beginning after December 15, 2019, including interim periods within that year. The Company is in the process of evaluating the impacts of the adoption of this ASU. In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows-Classification of Certain Cash Receipts and Cash Payments, which provides guidance on several specific cash flow issues. The guidance will be effective for the fiscal year beginning after December 15, 2017, including interim periods within that year. The Company is in the process of evaluating the impacts of the adoption of this ASU.

Finance Receivables (Tables)

Finance Receivables (Tables)	6 Months Ended
	Jun. 30, 2016
Receivables [Abstract]
Summary of Financing Receivables Held for Investment	Purchased receivables portfolios, which were acquired with deteriorated credit quality, were comprised of the following at June 30, 2016 and December 31, 2015 : June 30, December 31, 2015 Outstanding balance $ 282,958 $ 362,212 Outstanding recorded investment, net of impairment $ 191,071 $ 239,551 Finance receivables held for investment, net is comprised of the following at June 30, 2016 and December 31, 2015 : June 30, December 31, 2015 Retail installment contracts acquired individually $ 23,185,951 $ 23,004,065 Purchased receivables 191,071 239,551 Receivables from dealers 69,193 76,025 Personal loans 909 941 Capital lease receivables (Note 3) 30,302 47,206 $ 23,477,426 $ 23,367,788 The Company's held for investment portfolio of retail installment contracts acquired individually, receivables from dealers, and personal loans was comprised of the following at June 30, 2016 and December 31, 2015 : June 30, 2016 Retail Installment Contracts Receivables from Personal Loans Unpaid principal balance $ 27,224,925 $ 70,030 $ 909 Credit loss allowance (Note 4) (3,422,736 ) (837 ) — Discount (678,114 ) — — Capitalized origination costs and fees 61,876 — — Net carrying balance $ 23,185,951 $ 69,193 $ 909 December 31, 2015 Retail Installment Contracts Receivables from Personal Loans Unpaid principal balance $ 26,863,946 $ 76,941 $ 941 Credit loss allowance (Note 4) (3,197,414 ) (916 ) — Discount (722,701 ) — — Capitalized origination costs and fees 60,234 — — Net carrying balance $ 23,004,065 $ 76,025 $ 941
Changes in Accretable Yield on Purchased Receivables Portfolios	Changes in accretable yield on the Company’s purchased receivables portfolios for the periods indicated were as follows: For the Three Months Ended For the Six Months Ended 2016 2015 2016 2015 Balance — beginning of period $ 156,336 $ 247,944 $ 178,582 $ 268,927 Accretion of accretable yield (19,615 ) (21,474 ) (40,944 ) (49,680 ) Reclassifications from (to) nonaccretable difference 1,026 57,990 109 65,213 Balance — end of period $ 137,747 $ 284,460 $ 137,747 $ 284,460
Schedule of Carrying Values of Finance Receivables Held for Sale	The carrying value of the Company's finance receivables held for sale was comprised of the following at June 30, 2016 and December 31, 2015 : June 30, December 31, 2015 Retail installment contracts acquired individually $ 1,889,284 $ 905,161 Personal loans 970,712 1,954,414 $ 2,859,996 $ 2,859,575
Schedule of Sales of Retail Installment Contracts and Charged-off Assets	Sales of retail installment contracts to third parties and proceeds from sales of charged-off assets for the three and six months ended June 30, 2016 and 2015 were as follows: For the Three Months Ended For the Six Months Ended 2016 2015 2016 2015 Sales of retail installment contracts to third parties $ 659,224 $ 2,016,675 $ 1,519,179 $ 2,935,753 Proceeds from sales of charged-off assets 28,844 65,587 35,073 103,963
Schedule of Servicing of Retail Installment Contracts	The Company retains servicing of retail installment contracts and leases sold to third parties. Total contracts sold to unrelated third parties and serviced as of June 30, 2016 and December 31, 2015 were as follows: June 30, December 31, 2015 Serviced balance of retail installment contracts and leases sold to third parties $ 10,719,819 $ 12,155,844

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2016
Leases [Abstract]
Summary of Leased Vehicles	Leased vehicles, net, which is comprised of leases originated under the Chrysler Agreement, consisted of the following as of June 30, 2016 and December 31, 2015 : June 30, December 31, Leased vehicles $ 11,077,474 $ 8,836,710 Less: accumulated depreciation (1,950,295 ) (1,510,414 ) Depreciated net capitalized cost 9,127,179 7,326,296 Manufacturer subvention payments, net of accretion (1,083,890 ) (845,142 ) Origination fees and other costs 21,938 16,156 Net book value $ 8,065,227 $ 6,497,310
Summary of Minimum Rental Payments under Operating Leases	The following summarizes the future minimum rental payments due to the Company as lessor under operating leases as of June 30, 2016 : Remainder of 2016 $ 735,653 2017 1,179,155 2018 609,990 2019 79,347 2020 1,000 Thereafter — Total $ 2,605,145
Schedule of Capital Lease Receivables	Capital lease receivables, net consisted of the following as of June 30, 2016 and December 31, 2015 : June 30, December 31, Gross investment in capital leases $ 55,403 $ 91,393 Origination fees and other 157 155 Less: unearned income (12,506 ) (24,464 ) Net investment in capital leases before allowance 43,054 67,084 Less: allowance for lease losses (12,752 ) (19,878 ) Net investment in capital leases $ 30,302 $ 47,206
Summary of Future Minimum Lease Payments for Capital Leases	The following summarizes the future minimum lease payments due to the Company as lessor under capital leases as of June 30, 2016 : Remainder of 2016 $ 9,516 2017 18,963 2018 18,033 2019 7,240 2020 1,417 Thereafter 234 Total $ 55,403

Credit Loss Allowance and Cre27

Credit Loss Allowance and Credit Quality (Tables)	6 Months Ended
	Jun. 30, 2016
Loans and Leases Receivable Disclosure [Abstract]
Summary of Activity in Loan Loss Allowance	The activity in the lease loss allowance for capital leases for the three and six months ended June 30, 2016 and 2015 was as follows: Three Months Ended Six Months Ended 2016 2015 2016 2015 Balance — beginning of period $ 15,860 $ 15,182 $ 19,878 $ 9,589 Provision for lease losses (509 ) 8,226 (2,056 ) 14,002 Charge-offs (10,196 ) (17,393 ) (22,555 ) (19,390 ) Recoveries 7,597 9,555 17,485 11,369 Balance — end of period $ 12,752 $ 15,570 $ 12,752 $ 15,570 The activity in the credit loss allowance for individually acquired, dealer, and personal loans for the three and six months ended June 30, 2016 and 2015 was as follows: Three Months Ended June 30, 2016 Three Months Ended June 30, 2015 Retail Installment Contracts Acquired Individually Receivables from Dealers Retail Installment Receivables Personal Loans Balance — beginning of period $ 3,320,227 $ 1,403 $ 2,748,526 $ 1,130 $ 352,878 Provision for credit losses 514,755 (431 ) 454,467 (162 ) 121,118 Charge-offs (1,032,517 ) (135 ) (803,763 ) — (97,218 ) Recoveries 620,271 — 528,394 — 7,957 Balance — end of period $ 3,422,736 $ 837 $ 2,927,624 $ 968 $ 384,735 Six Months Ended June 30, 2016 Six Months Ended June 30, 2015 Retail Installment Contracts Acquired Individually Receivables from Dealers Retail Installment Receivables Personal Loans Balance — beginning of period $ 3,197,414 $ 916 $ 2,586,685 $ 674 $ 348,660 Provision for credit losses 1,177,881 56 987,481 294 218,821 Charge-offs (2,183,145 ) (135 ) (1,691,155 ) — (196,908 ) Recoveries 1,230,586 — 1,071,730 — 14,162 Transfers to held-for-sale — — (27,117 ) — — Balance — end of period $ 3,422,736 $ 837 $ 2,927,624 $ 968 $ 384,735
Summary of Impairment Activity Related to Purchased Receivables Portfolios	The impairment activity related to purchased receivables portfolios for the three and six months ended June 30, 2016 and 2015 was as follows: Three Months Ended Six Months Ended 2016 2015 2016 2015 Balance — beginning of period $ 170,412 $ 181,024 $ 172,308 $ 186,126 Incremental provisions for purchased receivable portfolios — — — 300 Incremental reversal of provisions for purchased receivable portfolios (1,894 ) (4,270 ) (3,790 ) (9,672 ) Balance — end of period $ 168,518 $ 176,754 $ 168,518 $ 176,754
Summary of Delinquencies	A summary of delinquencies on our retail installment contracts held for investment portfolio as of June 30, 2016 and December 31, 2015 is as follows: June 30, 2016 Retail Installment Contracts Held for Investment Loans Acquired Individually Purchased Receivables Portfolios Total Principal, 31-60 days past due $ 2,440,339 $ 17,821 $ 2,458,160 Delinquent principal over 60 days 1,142,648 8,979 1,151,627 Total delinquent principal $ 3,582,987 $ 26,800 $ 3,609,787 December 31, 2015 Retail Installment Contracts Held for Investment Loans Acquired Individually Purchased Receivables Portfolios Total Principal, 31-60 days past due $ 2,454,986 $ 30,442 $ 2,485,428 Delinquent principal over 60 days 1,191,567 17,297 1,208,864 Total delinquent principal $ 3,646,553 $ 47,739 $ 3,694,292
Summary of Credit Risk Profile	A summary of the credit risk profile of the Company’s retail installment contracts held for investment by FICO ® distribution, determined at origination, as of June 30, 2016 and December 31, 2015 was as follows: FICO ® Band June 30, 2016 December 31, 2015 Commercial (a) 2.6% 4.0% No-FICOs 12.6% 12.2% <540 22.9% 23.4% 540-599 31.2% 30.9% 600-639 17.4% 17.3% >640 13.3% 12.2% (a) No FICO score is obtained on loans to commercial borrowers
Summary Commercial Loan Credit Quality Indicators	Fleet loan credit quality indicators for retail installment contracts held for investment with commercial borrowers as of June 30, 2016 and December 31, 2015 were as follows: June 30, December 31, Pass $ 22,407 $ 39,270 Special mention 4,334 5,466 Substandard 244 — Doubtful — — Loss — — Total (a) $ 26,985 $ 44,736 (a) Fleet loans of $696,862 and $1,042,288 as of June 30, 2016 and December 31, 2015, respectively, were excluded from the commercial analysis as these loans did not meet the internal threshold for review. Commercial loan credit quality indicators for receivables from dealers held for investment as of June 30, 2016 and December 31, 2015 were as follows: June 30, December 31, Pass $ 68,057 $ 68,873 Special Mention — 8,068 Substandard 1,973 — Doubtful — — Loss — — Unpaid principal balance $ 70,030 $ 76,941
Summary of TDRs	The table below presents the Company’s TDRs as of June 30, 2016 and December 31, 2015 : June 30, December 31, 2015 Retail Installment Contracts Outstanding recorded investment $ 5,061,608 $ 4,601,502 Impairment (1,509,540 ) (1,363,023 ) Outstanding recorded investment, net of impairment $ 3,552,068 $ 3,238,479
Summary of Delinquent TDRs	A summary of the Company’s delinquent TDRs at June 30, 2016 and December 31, 2015 , is as follows: June 30, December 31, 2015 Retail Installment Contracts Principal, 31-60 days past due $ 995,368 $ 942,021 Delinquent principal over 60 days 501,731 510,015 Total delinquent TDR principal $ 1,497,099 $ 1,452,036
Average Recorded Investment and Income Recognized on TDR Loans	Average recorded investment and income recognized on TDR loans are as follows: Three Months Ended June 30, 2016 June 30, 2015 Retail Installment Contracts Retail Installment Contracts Personal Loans Average outstanding recorded investment in TDRs $ 4,897,481 $ 4,421,679 $ 17,774 Interest income recognized $ 195,376 $ 149,915 $ 629 Six months ended June 30, 2016 June 30, 2015 Retail Installment Contracts Retail Installment Contracts Personal Loans Average outstanding recorded investment in TDRs $ 4,798,821 $ 4,295,809 $ 17,634 Interest income recognized $ 369,567 $ 331,325 $ 1,218
Summary of Financial Effects of TDRs	The following table summarizes the financial effects of TDRs that occurred during the three and six months ended June 30, 2016 and 2015 : Three Months Ended June 30, 2016 June 30, 2015 Retail Installment Contracts Retail Installment Contracts Personal Loans Outstanding recorded investment before TDR $ 840,610 $ 927,804 $ 4,384 Outstanding recorded investment after TDR $ 846,277 $ 933,655 $ 4,364 Number of contracts (not in thousands) 47,364 53,850 3,671 Six months ended June 30, 2016 June 30, 2015 Retail Installment Contracts Retail Installment Contracts Personal Loans Outstanding recorded investment before TDR $ 1,533,538 $ 1,761,327 $ 9,778 Outstanding recorded investment after TDR $ 1,545,563 $ 1,775,036 $ 9,720 Number of contracts (not in thousands) 86,744 102,742 8,139
Summary of Loan Restructuring Accounted for as TDRs	Loan restructurings accounted for as TDRs within the previous twelve months that subsequently defaulted during the three and six months ended June 30, 2016 and 2015 are summarized in the following table: Three Months Ended June 30, 2016 June 30, 2015 Retail Installment Contracts Retail Installment Contracts Personal Loans Recorded investment in TDRs that subsequently defaulted $ 159,615 $ 171,855 $ 1,790 Number of contracts (not in thousands) 9,109 9,996 1,603 Six months ended June 30, 2016 June 30, 2015 Retail Installment Contracts Retail Installment Contracts Personal Loans Recorded investment in TDRs that subsequently defaulted $ 359,477 $ 353,268 $ 3,201 Number of contracts (not in thousands) 20,511 20,737 3,014

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Schedule of Credit Facilities	The following table presents information regarding credit facilities as of June 30, 2016 and December 31, 2015 : June 30, 2016 Maturity Date(s) Utilized Balance Committed Amount Effective Rate Assets Pledged Restricted Cash Pledged Warehouse line (a) July 2016 $ 266,084 $ 500,000 1.72% $ 371,360 $ — Warehouse line (b) Various 449,585 1,250,000 2.27% 621,893 18,030 Warehouse line (c) July 2017 843,820 1,260,000 1.49% 957,299 26,983 Warehouse line (d) July 2017 2,775,843 2,940,000 1.44% 4,234,607 60,400 Warehouse line December 2017 576,777 1,800,000 2.39% 821,314 26,889 Repurchase facility (e) May 2017 787,703 787,703 2.71% — 31,763 Repurchase facility (e) April 2017 235,509 235,509 1.79% — — Warehouse line March 2018 428,899 1,000,000 1.52% 609,417 18,123 Warehouse line (f) November 2016 175,000 175,000 2.00% — — Warehouse line (f) November 2016 250,000 250,000 2.00% — 2,502 Warehouse line (g) June 2017 124,396 250,000 3.10% 300,020 25,055 Warehouse line January 2018 91,500 400,000 3.08% 127,284 4,167 Total facilities with third parties (i) 7,005,116 10,848,212 8,043,194 213,912 Lines of credit with Santander and related subsidiaries (h): Line of credit December 2016 500,000 500,000 2.75% — — Line of credit December 2018 — 500,000 3.50% — — Line of credit December 2016 1,000,000 1,000,000 2.71% — — Line of credit December 2018 550,000 1,000,000 2.80% — — Line of credit March 2017 300,000 300,000 1.99% — — Line of credit March 2019 — 1,500,000 4.45% — — Total facilities with Santander and related subsidiaries 2,350,000 4,800,000 — — Total revolving credit facilities $ 9,355,116 $ 15,648,212 $ 8,043,194 $ 213,912 (a) This warehouse was subsequently amended in July 2016 to extend the maturity date to January 2018. (b) Half of the outstanding balance on this facility matures in March 2017 and half matures in March 2018. (c) This line is held exclusively for financing of Chrysler Capital loans. (d) This line is held exclusively for financing of Chrysler Capital leases. (e) These repurchase facilities are collateralized by securitization notes payable retained by the Company. These facilities have rolling maturities of up to one year . (f) These lines are collateralized by residuals retained by the Company. (g) This warehouse was subsequently amended in July 2016 to extend the maturity date to July 2017. (h) These lines generally are also collateralized by securitization notes payable and residuals retained by the Company. As of June 30, 2016 and December 31, 2015 , $1,420,584 of the aggregate outstanding balances on these facilities were unsecured. (i) In October 2016, the Company executed a new warehouse line with an overall commitment limit of $300 million . December 31, 2015 Maturity Date(s) Utilized Balance Committed Amount Effective Rate Assets Pledged Restricted Cash Pledged Warehouse line June 2016 $ 378,301 $ 500,000 1.48% $ 535,737 $ — Warehouse line Various 808,135 1,250,000 1.29% 1,137,257 24,942 Warehouse line July 2017 682,720 1,260,000 1.35% 809,185 20,852 Warehouse line July 2017 2,247,443 2,940,000 1.41% 3,412,321 48,589 Warehouse line December 2017 944,877 2,000,000 1.56% 1,345,051 32,038 Repurchase facility December 2016 850,904 850,904 2.07% — 34,166 Warehouse line September 2017 565,399 1,000,000 1.20% 824,327 15,759 Warehouse line November 2016 175,000 175,000 1.90% — — Warehouse line November 2016 250,000 250,000 1.90% — 2,501 Total facilities with third parties 6,902,779 10,225,904 8,063,878 178,847 Lines of credit with Santander and related subsidiaries: Line of credit December 2016 500,000 500,000 2.65% — — Line of credit December 2018 — 500,000 3.48% — — Line of credit December 2016 1,000,000 1,750,000 2.61% — — Line of credit December 2018 800,000 1,750,000 2.84% — — Line of credit March 2017 300,000 300,000 1.88% — — Total facilities with Santander and related subsidiaries 2,600,000 4,800,000 — — Total revolving credit facilities $ 9,502,779 $ 15,025,904 $ 8,063,878 $ 178,847
Summary of Secured Structured Financings	The following table presents information regarding secured structured financings as of June 30, 2016 and December 31, 2015 : June 30, 2016 Original Estimated Maturity Date(s) Balance Initial Note Amounts Issued Initial Weighted Average Interest Rate Collateral Restricted Cash 2012 Securitizations September 2018 $ 302,364 $ 2,525,540 0.92%-1.23% $ 432,673 $ 80,215 2013 Securitizations January 2019 - January 2021 1,599,172 6,689,700 0.89%-1.59% 1,971,966 250,693 2014 Securitizations February 2020 - January 2021 2,216,438 6,391,020 1.16%-1.72% 3,039,302 291,817 2015 Securitizations September 2019 - January 2023 5,555,725 9,317,032 1.33%-2.29% 7,333,152 557,133 2016 Securitizations (a) April 2022 - August 2023 4,515,910 4,942,980 1.72%-2.46% 5,622,662 277,889 Securitizations (b) 14,189,609 29,866,272 18,399,755 1,457,747 2010 Private issuances June 2011 145,452 516,000 1.29% 244,540 7,704 2011 Private issuances (c) December 2018 408,958 1,700,000 1.46% 853,897 43,075 2013 Private issuances (d) September 2018-September 2020 2,388,078 2,693,754 1.13%-1.38% 4,040,239 183,428 2014 Private issuances March 2018 - December 2021 1,045,896 3,271,175 1.05%-1.40% 1,621,189 74,389 2015 Private issuances (e) December 2016 - July 2019 2,146,329 2,605,062 0.88%-2.81% 2,110,269 135,925 2016 Private issuances (f) May 2020 - June 2023 2,168,923 2,250,000 1.55%-2.86% 2,893,303 50,295 Privately issued amortizing notes 8,303,636 13,035,991 11,763,437 494,816 Total secured structured financings $ 22,493,245 $ 42,902,263 $ 30,163,192 $ 1,952,563 (a) In October 2016, the Company executed a new public securitization for $1,269,810 . (b) Securitizations executed under Rule 144A of the Securities Act are included within this balance. (c) In July 2016, the Company advanced an additional $176,125 on private issuances originally executed in 2011. (d) In September 2016, the Company advanced an additional $906,996 on private issuances originally executed in 2013. (e) In September 2016, the Company advanced an additional $110,000 on private issuances originally executed in 2015. (f) In September 2016, the Company executed two new private issuances for an aggregate amount of $500,000 . December 31, 2015 Original Estimated Maturity Date(s) Balance Initial Note Amounts Issued Initial Weighted Average Interest Rate Collateral Restricted Cash 2012 Securitizations September 2018 $ 433,771 $ 2,525,540 0.92%-1.23% $ 580,581 $ 84,231 2013 Securitizations January 2019 - January 2021 2,000,915 6,689,700 0.89%-1.59% 2,577,552 267,623 2014 Securitizations February 2020 - January 2021 2,956,273 6,391,020 1.16%-1.72% 3,894,365 313,356 2015 Securitizations September 2019 - January 2023 7,269,037 9,317,032 1.33%-2.29% 9,203,569 577,647 Securitizations 12,659,996 24,923,292 16,256,067 1,242,857 2010 Private issuances June 2011 108,201 516,000 1.29% 240,026 6,855 2011 Private issuances December 2018 708,884 1,700,000 1.46% 1,142,853 50,432 2013 Private issuances September 2018-September 2020 2,836,420 2,693,754 1.13%-1.38% 4,311,481 143,450 2014 Private issuances March 2018 - December 2021 1,541,970 3,271,175 1.05%-1.40% 2,192,495 95,325 2015 Private issuances November 2016 - May 2020 3,017,429 3,548,242 0.88%-2.81% 3,608,497 161,778 Privately issued amortizing notes 8,212,904 11,729,171 11,495,352 457,840 Total secured structured financings $ 20,872,900 $ 36,652,463 $ 27,751,419 $ 1,700,697

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	6 Months Ended
	Jun. 30, 2016
Variable Interest Entity Disclosure [Abstract]
Summary of Cash Flows Received from Consolidated Securitization Trusts	A summary of the cash flows received from consolidated securitization trusts during the three and six months ended June 30, 2016 and 2015 , is as follows: Three Months Ended Six Months Ended June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Assets securitized $ 6,325,637 $ 6,085,282 $ 9,983,592 $ 10,067,137 Net proceeds from new securitizations (a) $ 5,118,309 $ 4,918,906 $ 7,820,313 $ 7,975,856 Net proceeds from sale of retained bonds 128,798 — 128,798 — Cash received for servicing fees (b) 200,071 173,641 394,436 335,603 Net distributions from Trusts (b) 761,480 616,342 1,391,206 1,072,395 Total cash received from Trusts $ 6,208,658 $ 5,708,889 $ 9,734,753 $ 9,383,854 (a) Includes additional advances on existing securitizations. (b) These amounts are not reflected in the accompanying condensed consolidated statements of cash flows because the cash flows are intra-company and eliminated in consolidation. A summary of the cash flows received from off-balance sheet securitization trusts during the three and six months ended June 30, 2016 and 2015 is as follows: Three Months Ended Six Months Ended June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Receivables securitized $ — $ 768,561 $ — $ 768,561 Net proceeds from new securitizations $ — $ 785,983 $ — $ 785,983 Cash received for servicing fees 13,157 6,319 28,858 11,623 Total cash received from securitization trusts $ 13,157 $ 792,302 $ 28,858 $ 797,606

Derivative Financial Instrume30

Derivative Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Summary of Underlying Notional Amounts and Aggregate Fair Values	The underlying notional amounts and aggregate fair values of these agreements at June 30, 2016 and December 31, 2015 , were as follows: June 30, 2016 December 31, 2015 Notional Fair Value Notional Fair Value Interest rate swap agreements designated as cash flow hedges $ 9,156,700 $ (82,428 ) $ 9,150,000 $ 1,706 Interest rate swap agreements not designated as hedges 1,582,000 (7,225 ) 2,399,000 (1,306 ) Interest rate cap agreements 8,851,540 6,547 10,013,912 32,951 Options for interest rate cap agreements 8,851,540 (6,550 ) 10,013,912 (32,977 ) Total return settlement 1,404,726 (53,543 ) 1,404,726 (53,432 )
Schedule of Offsetting Financial Assets	Offsetting of Financial Assets Gross Amounts Not Offset in the Gross Gross Amounts Net Amounts of Assets Presented Financial Cash Net June 30, 2016 Interest rate swaps - Santander & affiliates $ 45 $ — $ 45 $ — $ — $ 45 Interest rate swaps - third party — — — — — — Interest rate caps - Santander & affiliates 1,886 — 1,886 — — 1,886 Interest rate caps - third party 4,661 — 4,661 — — 4,661 Total derivatives subject to a master netting arrangement or similar arrangement 6,592 — 6,592 — — 6,592 Total derivatives not subject to a master netting arrangement or similar arrangement — — — — — — Total derivative assets $ 6,592 $ — $ 6,592 $ — $ — $ 6,592 Total financial assets $ 6,592 $ — $ 6,592 $ — $ — $ 6,592 December 31, 2015 Interest rate swaps - Santander & affiliates $ 4,607 $ — $ 4,607 $ — $ — $ 4,607 Interest rate swaps - third party 3,863 — 3,863 — — 3,863 Interest rate caps - Santander & affiliates 12,724 — 12,724 — — 12,724 Interest rate caps - third party 20,227 — 20,227 — — 20,227 Total derivatives subject to a master netting arrangement or similar arrangement 41,421 — 41,421 — — 41,421 Total derivatives not subject to a master netting arrangement or similar arrangement — — — — — — Total derivative assets $ 41,421 $ — $ 41,421 $ — $ — $ 41,421 Total financial assets $ 41,421 $ — $ 41,421 $ — $ — $ 41,421
Schedule of Offsetting Financial Liabilities	Offsetting of Financial Liabilities Gross Amounts Not Offset in the Gross Gross Amounts Net Amounts of Liabilities Presented Financial Cash Net June 30, 2016 Interest rate swaps - Santander & affiliates $ 22,063 $ — $ 22,063 $ — $ (22,063 ) $ — Interest rate swaps - third party 67,635 — 67,635 — (67,635 ) — Back to back - Santander & affiliates 1,886 — 1,886 — (1,868 ) 18 Back to back - third party 4,664 — 4,664 — (4,664 ) — Total derivatives subject to a master netting arrangement or similar arrangement 96,248 — 96,248 — (96,230 ) 18 Total return settlement 53,543 — 53,543 — — 53,543 Total derivatives not subject to a master netting arrangement or similar arrangement 53,543 — 53,543 — — 53,543 Total derivative liabilities $ 149,791 $ — $ 149,791 $ — $ (96,230 ) $ 53,561 Total financial liabilities $ 149,791 $ — $ 149,791 $ — $ (96,230 ) $ 53,561 December 31, 2015 Interest rate swaps - Santander & affiliates $ 4,977 $ — $ 4,977 $ — $ (3,430 ) $ 1,547 Interest rate swaps - third party 3,093 — 3,093 — (3,093 ) — Back to back - Santander & affiliates 12,724 — 12,724 — (12,270 ) 454 Back to back - third party 20,253 — 20,253 — (20,253 ) — Total derivatives subject to a master netting arrangement or similar arrangement 41,047 — 41,047 — (39,046 ) 2,001 Total return settlement 53,432 — 53,432 — — 53,432 Total derivatives not subject to a master netting arrangement or similar arrangement 53,432 — 53,432 — — 53,432 Total derivative liabilities $ 94,479 $ — $ 94,479 $ — $ (39,046 ) $ 55,433 Total financial liabilities $ 94,479 $ — $ 94,479 $ — $ (39,046 ) $ 55,433 (a) Cash collateral pledged is reported in Other assets or Due from affiliate, as applicable, in the condensed consolidated balance sheet.
Gross Gains (Losses) Reclassified from Accumulated Other Comprehensive Income (Loss)	The gross gains (losses) reclassified from accumulated other comprehensive income (loss) to net income, and gains (losses) recognized in net income, are included as components of interest expense. The impacts on the condensed consolidated statements of income and comprehensive income for the three and six months ended June 30, 2016 and 2015 were as follows: Three Months Ended June 30, 2016 Recognized in Earnings Gross Gains (Losses) Recognized in Accumulated Other Comprehensive Income (Loss) Gross Gains (Losses) Reclassified From Accumulated Other Comprehensive Interest rate swap agreements designated as cash flow hedges $ 27 $ (36,006 ) $ (12,561 ) Derivative instruments not designated as hedges: Gains (losses) recognized in interest expense $ 11,696 Gains (losses) recognized in operating expenses $ (1,364 ) Three Months Ended June 30, 2015 Recognized in Earnings Gross Gains (Losses) Recognized in Accumulated Other Comprehensive Income (Loss) Gross Gains (Losses) Reclassified From Accumulated Other Comprehensive Interest rate swap agreements designated as cash flow hedges $ — $ (5,640 ) $ (11,266 ) Derivative instruments not designated as hedges: Gains (losses) recognized in interest expense $ 6,852 Gains (losses) recognized in operating expenses $ (2,078 ) Six Months Ended June 30, 2016 Recognized in Earnings Gross Gains (Losses) Recognized in Accumulated Other Comprehensive Income (Loss) Gross Gains (Losses) Reclassified From Accumulated Other Comprehensive Interest rate swap agreements designated as cash flow hedges $ 235 $ (109,011 ) $ (24,643 ) Derivative instruments not designated as hedges: Gains (losses) recognized in interest expense $ 6,197 Gains (losses) recognized in operating expenses $ (2,680 ) Six Months Ended June 30, 2015 Recognized in Earnings Gross Gains (Losses) Recognized in Accumulated Other Comprehensive Income (Loss) Gross Gains (Losses) Reclassified From Accumulated Other Comprehensive Interest rate swap agreements designated as cash flow hedges $ 223 $ (37,176 ) $ (22,337 ) Derivative instruments not designated as hedges: Gains (losses) recognized in interest expense $ 4,423 Gains (losses) recognized in operating expenses $ (14,033 )

Other Assets (Tables)

Other Assets (Tables)	6 Months Ended
	Jun. 30, 2016
Other Assets [Abstract]
Schedule of Other Assets	Other assets were comprised as follows: June 30, December 31, Vehicles (a) $ 232,293 $ 203,906 Manufacturer subvention payments receivable (b) 111,823 132,856 Upfront fee (b) 102,500 110,000 Derivative assets (Note 7) 92,579 59,022 Prepaids 41,959 33,183 Accounts receivable 22,083 27,028 Other 15,703 16,296 $ 618,940 $ 582,291 (a) Includes vehicles obtained through repossession as well as vehicles obtained due to lease terminations. (b) These amounts relate to the Chrysler Agreement. The Company paid a $150,000 upfront fee upon the May 2013 inception of the agreement. The fee is being amortized into finance and other interest income over a ten -year term. As the preferred financing provider for FCA, the Company is entitled to subvention payments on loans and leases with below-market customer payments.

Related-Party Transactions (Tab

Related-Party Transactions (Tables)	6 Months Ended
	Jun. 30, 2016
Related Party Transaction [Line Items]
Schedule of Related Party Transactions	Interest expense, including unused fees, for affiliate lines/letters of credit for the three and six months ended June 30, 2016 and 2015 , was as follows: Three Months Ended Six Months Ended June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Line of credit agreement with Santander - New York Branch (Note 5) $ 16,123 $ 26,151 $ 36,396 $ 51,635 Line of credit agreement with SHUSA (Note 5) 6,005 1,313 8,869 2,603 Accrued interest for affiliate lines/letters of credit at June 30, 2016 and December 31, 2015 , was as follows: June 30, December 31, 2015 Line of credit agreement with Santander - New York Branch (Note 5) $ 5,092 $ 6,015 Line of credit agreement with SHUSA (Note 5) 933 267
Serviced Auto Loan and Retail Installment
Related Party Transaction [Line Items]
Schedule of Related Party Transactions	Other information on the serviced auto loan and retail installment contract portfolios for SBNA as of June 30, 2016 and December 31, 2015 is as follows: June 30, December 31, Total serviced portfolio $ 607,538 $ 692,291 Cash collections due to owner 22,712 19,302 Servicing fees receivable 1,368 1,476
Consumer Vehicle Lease
Related Party Transaction [Line Items]
Schedule of Related Party Transactions	Other information on the consumer vehicle lease portfolio serviced for SBNA as of June 30, 2016 and December 31, 2015 is as follows: June 30, December 31, Total serviced portfolio $ 1,706,154 $ 2,198,519 Cash collections due to owner 122 132 Servicing fees receivable 782 784 Revenue share reimbursement receivable 1,985 1,370

Computation of Basic and Dilu33

Computation of Basic and Diluted Earnings per Common Share (Tables)	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Summary of Computation of Basic and Diluted Earnings per Common Share	The following table represents EPS numbers for the three and six months ended June 30, 2016 and 2015 : Three Months Ended Six Months Ended 2016 2015 2016 2015 Earnings per common share Net income $ 283,345 $ 364,715 $ 491,644 $ 607,160 Weighted average number of common shares outstanding before restricted participating shares (in thousands) 357,868 354,625 357,747 351,806 Weighted average number of participating restricted common shares outstanding (in thousands) 350 467 350 467 Weighted average number of common shares outstanding (in thousands) 358,218 355,092 358,097 352,273 Earnings per common share $ 0.79 $ 1.03 $ 1.37 $ 1.72 Earnings per common share - assuming dilution Net income $ 283,345 $ 364,715 $ 491,644 $ 607,160 Weighted average number of common shares outstanding (in thousands) 358,218 355,092 358,097 352,273 Effect of employee stock-based awards (in thousands) 1,650 4,102 1,330 3,659 Weighted average number of common shares outstanding - assuming dilution (in thousands) 359,868 359,194 359,427 355,932 Earnings per common share - assuming dilution $ 0.79 $ 1.02 $ 1.37 $ 1.71

Fair Value of Financial Instr34

Fair Value of Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Summary of Fair Value Estimates, Methods and Assumptions	Fair value estimates, methods, and assumptions are as follows: June 30, 2016 December 31, 2015 Level Carrying Estimated Carrying Estimated Cash and cash equivalents (a) 1 $ 78,049 $ 78,049 $ 18,893 $ 18,893 Finance receivables held for sale, net (b) 3 2,859,996 2,902,063 2,859,575 2,872,354 Finance receivables held for investment, net (c) 3 23,477,426 25,200,286 23,367,788 24,943,560 Restricted cash (a) 1 2,712,841 2,712,841 2,236,329 2,236,329 Notes payable — credit facilities (d) 3 7,005,116 7,005,116 6,902,779 6,902,779 Notes payable — secured structured financings (e) 2 22,493,245 22,639,426 20,872,900 20,917,733 Notes payable — related party (f) 3 2,350,000 2,350,000 2,600,000 2,600,000 (a) Cash and cash equivalents and restricted cash — The carrying amount of cash and cash equivalents, including restricted cash, is at an approximated fair value as the instruments mature within 90 days or less and bear interest at market rates. (b) Finance receivables held for sale, net — Finance receivables held for sale, net are comprised of retail installment contracts acquired individually and personal loans and are carried at the lower of cost or market, as determined on an aggregate basis for each type of receivable. • Retail installment contracts acquired individually — The estimated fair value is calculated based on a discounted cash flow (DCF) analysis in which the Company uses significant unobservable inputs on key assumptions, including expected default rates, prepayment rates, recovery rates, and discount rates reflective of the cost of funds and appropriate rate of returns. • Personal loans — The estimated fair value for personal loans held for sale is calculated based on a combination of estimated cash flows and market rates for similar loans with similar credit risks and a DCF analysis in which the Company uses significant unobservable inputs on key assumptions, including historical default rates and adjustments to reflect prepayment rates, discount rates reflective of the cost of funding, and credit loss expectations. (c) Finance receivables held for investment, net — Finance receivables held for investment, net are carried at amortized cost, net of an allowance. The estimated fair value for the underlying financial instruments are determined as follows: • Retail installment contracts held for investment, net — The estimated fair value is calculated based on a DCF in which the Company uses significant unobservable inputs on key assumptions, including historical default rates and adjustments to reflect prepayment rates, expected recovery rates, discount rates reflective of the cost of funding, and credit loss expectations. • Receivables from dealers held for investment and Capital lease receivables, net — Receivables from dealers held for investment and capital lease receivables are carried at amortized cost, net of credit loss allowance and gross investments, net of unearned income and allowance for lease losses, respectively. Management believes that the terms of these credit agreements approximate market terms for similar credit agreements. (d) Notes payable — credit facilities — The carrying amount of notes payable related to revolving credit facilities is estimated to approximate fair value. Management believes that the terms of these credit agreements approximate market terms for similar credit agreements as the facilities are subject to short-term floating interest rates that approximate rates available to the Company. (e) Notes payable — secured structured financings — The estimated fair value of notes payable related to secured structured financings is calculated based on market quotes for the Company’s publicly traded debt and estimated market rates currently available from recent transactions involving similar debt with similar credit risks. (f) Notes payable — related party — The carrying amount of notes payable to a related party is estimated to approximate fair value as the facilities are subject to short-term floating interest rates that approximate rates available to the Company.
Assets and Liabilities Measured at Fair Value on a Recurring Basis	The following table presents the Company’s assets and liabilities that are measured at fair value on a recurring basis at June 30, 2016 and December 31, 2015 , and are categorized using the fair value hierarchy: Fair Value Measurements at June 30, 2016 Total Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Other assets — trading interest rate caps (a) $ 4,661 $ — $ 4,661 $ — Due from affiliates — trading interest rate caps (a) 1,886 — 1,886 — Due from affiliates — cash flow hedging interest rate swaps (a) 45 — 45 — Other liabilities — trading options for interest rate caps (a) 4,664 — 4,664 — Due to affiliates — trading options for interest rate caps (a) 1,886 — 1,886 — Other liabilities — cash flow hedging interest rate swaps (a) 64,109 — 64,109 — Due to affiliates — cash flow hedging interest rate swaps (a) 18,364 — 18,364 — Other liabilities — trading interest rate swaps (a) 3,526 — 3,526 — Due to affiliates — trading interest rate swaps (a) 3,699 — 3,699 — Other liabilities — total return settlement (a) 53,543 — — 53,543 Retail installment contracts acquired individually (b) 12,602 — — 12,602 Fair Value Measurements at December 31, 2015 Total Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Other assets — trading interest rate caps (a) $ 20,227 $ — $ 20,227 $ — Due from affiliates — trading interest rate caps (a) 12,724 — 12,724 — Other assets — cash flow hedging interest rate swaps (a) 3,863 — 3,863 — Due from affiliates — cash flow hedging interest rate swaps (a) 3,431 — 3,431 — Due from affiliates — trading interest rate swaps (a) 1,176 — 1,176 — Other liabilities — trading options for interest rate caps (a) 20,253 — 20,253 — Due to affiliates — trading options for interest rate caps (a) 12,724 — 12,724 — Other liabilities — cash flow hedging interest rate swaps (a) 3,093 — 3,093 — Due to affiliates — cash flow hedging interest rate swaps (a) 2,496 — 2,496 — Due to affiliates — trading interest rate swaps (a) 2,481 — 2,481 — Other liabilities — total return settlement (a) 53,432 — — 53,432 Retail installment contracts acquired individually (b) 6,770 — — 6,770 (a) The valuation is determined using widely accepted valuation techniques including a DCF on the expected cash flows of each derivative. This analysis reflects the contractual terms of the derivative, including the period to maturity, and uses observable market-based inputs. The Company incorporates credit valuation adjustments to appropriately reflect both its own nonperformance risk and the respective counterparty’s nonperformance risk in the fair value measurement of its derivatives. In adjusting the fair value of its derivative contracts for the effect of nonperformance risk, the Company has considered the impact of netting and any applicable credit enhancements, such as collateral postings and guarantees. The Company utilizes the exception in ASC 820-10-35-18D (commonly referred to as the “portfolio exception”) with respect to measuring counterparty credit risk for instruments (Note 7). (b) For certain retail installment contracts reported in finance receivables held for investment, net, the Company has elected the fair value option. The fair values of the retail installment contracts are estimated using a DCF model. When estimating the fair value using this model, the Company uses significant unobservable inputs on key assumptions, which includes historical default rates and adjustments to reflect prepayment rates based on available data from a comparable market securitization of similar assets, discount rates reflective of the cost of funding of debt issuance and recent historical equity yields, and recovery rates based on the average severity utilizing reported severity rates and loss severity utilizing available market data from a comparable securitized pool. Accordingly, retail installment contracts held for investment are classified as Level 3.
Changes in Level 3 Balances	The table below presents the changes in all Level 3 balances for the three and six months ended June 30, 2016 : Retail Installment Contracts Held for Investment Total Return Settlement Derivative Three Months Ended Six Months Ended Three Months Ended Six Months Ended June 30, 2016 June 30, 2016 Balance — beginning of period $ 4,139 $ 6,770 $ 53,793 $ 53,432 Losses recognized in earnings — — 1,364 2,680 Net collection activities (3,411 ) (6,042 ) — — Additions / issuances 11,874 11,874 — — Settlements — — (1,614 ) (2,569 ) Balance — end of period $ 12,602 $ 12,602 $ 53,543 $ 53,543 Total Return Settlement Derivative Three Months Ended Six Months Ended June 30, 2015 Balance — beginning of period $ 59,588 $ 48,893 Settlements (2,601 ) (3,861 ) Losses recognized in earnings 2,078 14,033 Balance — end of period $ 59,065 $ 59,065
Assets and Liabilities Measured at Fair Value on Nonrecurring Basis	The following table presents the Company’s assets and liabilities that are measured at fair value on a nonrecurring basis at June 30, 2016 and December 31, 2015 , and are categorized using the fair value hierarchy: Fair Value Measurements at June 30, 2016 Total Quoted Prices Significant Significant Lower of cost or fair value adjustment (c) Other assets — vehicles (a) $ 232,293 $ — $ 232,293 $ — $ — Personal loans held for sale (b) 970,712 — — 970,712 158,980 Fair Value Measurements at December 31, 2015 Total Quoted Prices Significant Significant Lower of cost or fair value adjustment (c) Other assets — vehicles (a) $ 203,906 $ — $ 203,906 $ — $ — Personal loans held for sale (b) 1,954,414 — — 1,954,414 613,994 (a) Represents vehicles in repossession or lease termination status at period-end, which have been charged off against credit loss allowance at fair value. The Company estimates the fair value of its vehicles, which are obtained either through repossession or lease termination, using historical auction rates and current market levels of used car prices. (b) Represents the portion of the portfolio specifically impaired as of period-end. The estimated fair value for personal loans held for sale is calculated based on a combination of estimated market rates for similar loans with similar credit risks and a DCF analysis in which the Company uses significant unobservable inputs on key assumptions, including historical default rates and adjustments to reflect prepayment rates, discount rates reflective of the cost of funding, and credit loss expectations. (c) The lower of cost or fair value adjustment for personal loans held for sale includes customer default activity and adjustments related to the net change in the portfolio balance during the reporting period.

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	6 Months Ended
	Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of Stock Options and Related Activity	A summary of the Company’s stock options and related activity as of and for the six months ended June 30, 2016 is as follows: Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term (Years) Aggregate Intrinsic Value Options outstanding at January 1, 2016 5,675,327 $ 12.30 6.5 $ 20,151 Granted 48,000 13.77 — — Exercised (279,468 ) 9.36 — 736 Expired (492,622 ) 10.46 — — Forfeited (258,329 ) 14.58 — — Options outstanding at June 30, 2016 4,692,908 12.56 5.9 — Options exercisable at June 30, 2016 2,686,848 10.83 5.6 —

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2016
Equity [Abstract]
Summary of Changes in Accumulated Other Comprehensive Income (Loss)	A summary of changes in accumulated other comprehensive income (loss), net of tax, for the three and six months ended June 30, 2016 and 2015 is as follows: Three Months Ended Six Months Ended June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Beginning balance, unrealized gains (losses) on cash flow hedges $ (36,065 ) $ (9,290 ) $ 2,125 $ 3,553 Other comprehensive loss before reclassifications (22,578 ) (3,458 ) (68,340 ) (23,249 ) Amounts reclassified out of accumulated other comprehensive income (loss) (a) 7,877 7,022 15,449 13,970 Ending balance, unrealized losses on cash flow hedges $ (50,766 ) $ (5,726 ) $ (50,766 ) $ (5,726 ) (a) Amounts reclassified out of accumulated other comprehensive income (loss) during the three and six months ended June 30, 2016 and 2015 consist of the following: Three Months Ended June 30, 2016 Three Months Ended June 30, 2015 Reclassification Amount reclassified Income statement line item Amount reclassified Income statement line item Cash flow hedges: Settlements of derivatives $ 12,561 Interest expense $ 11,266 Interest expense Tax benefit (4,684 ) (4,244 ) Net of tax $ 7,877 $ 7,022 Six Months Ended June 30, 2016 Six Months Ended June 30, 2015 Reclassification Amount reclassified Income statement line item Amount reclassified Income statement line item Cash flow hedges: Settlements of derivatives $ 24,643 Interest expense $ 22,337 Interest expense Tax benefit (9,194 ) (8,367 ) Net of tax $ 15,449 $ 13,970
Reclassification of Amounts Out of Accumulated Other Comprehensive Income (Loss)	Amounts reclassified out of accumulated other comprehensive income (loss) during the three and six months ended June 30, 2016 and 2015 consist of the following: Three Months Ended June 30, 2016 Three Months Ended June 30, 2015 Reclassification Amount reclassified Income statement line item Amount reclassified Income statement line item Cash flow hedges: Settlements of derivatives $ 12,561 Interest expense $ 11,266 Interest expense Tax benefit (4,684 ) (4,244 ) Net of tax $ 7,877 $ 7,022 Six Months Ended June 30, 2016 Six Months Ended June 30, 2015 Reclassification Amount reclassified Income statement line item Amount reclassified Income statement line item Cash flow hedges: Settlements of derivatives $ 24,643 Interest expense $ 22,337 Interest expense Tax benefit (9,194 ) (8,367 ) Net of tax $ 15,449 $ 13,970

Investment Gains (Losses), Net

Investment Gains (Losses), Net (Tables)	6 Months Ended
	Jun. 30, 2016
Investments, Debt and Equity Securities [Abstract]
Schedule of Investment Gains (Losses), Net	Investment gains (losses), net was comprised of the following for the three and six months ended June 30, 2016 and 2015 : Three Months Ended Six Months Ended June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Gain (loss) on sale of loans and leases $ 788 $ 89,721 $ 2,396 $ 111,314 Lower of cost or market adjustments (94,767 ) — (158,980 ) — Other gains, losses and impairments, net (7,330 ) — (13,781 ) — $ (101,309 ) $ 89,721 $ (170,365 ) $ 111,314

Description of Business, Basi38

Description of Business, Basis of Presentation, and Significant Accounting Policies and Practices (Details)	6 Months Ended
	Jun. 30, 2016segment
Basis Of Presentation And Significant Accounting Policies [Line Items]
Number of reportable segments	1
SHUSA
Basis Of Presentation And Significant Accounting Policies [Line Items]
Ownership percentage held in the Company	58.90%
Public Shareholders
Basis Of Presentation And Significant Accounting Policies [Line Items]
Ownership percentage held in the Company	31.20%
DDFS LLC
Basis Of Presentation And Significant Accounting Policies [Line Items]
Ownership percentage held in the Company	9.80%
Other Holders
Basis Of Presentation And Significant Accounting Policies [Line Items]
Ownership percentage held in the Company	0.10%
FCA
Basis Of Presentation And Significant Accounting Policies [Line Items]
Financing contract term	10 years
Retail Installment Contracts
Basis Of Presentation And Significant Accounting Policies [Line Items]
Threshold period past due for nonaccrual state of financing receivables	60 days
Percentage of payments due to classify as current	50.00%
Retail Installment Contracts | FCA
Basis Of Presentation And Significant Accounting Policies [Line Items]
Percentage of payments due to classify as current	90.00%

Finance Receivables - Additiona

Finance Receivables - Additional Information (Details) - USD ($)	Feb. 01, 2016	Jun. 30, 2016	Dec. 31, 2015
Schedule Of Financing Receivables [Line Items]
Credit facility		$ 7,005,116,000	$ 6,902,779,000
Accrued interest receivable		$ 382,138,000	395,387,000
Texas
Schedule Of Financing Receivables [Line Items]
Retail installment contracts held for investment (as a percent)		17.00%
Florida
Schedule Of Financing Receivables [Line Items]
Retail installment contracts held for investment (as a percent)		13.00%
California
Schedule Of Financing Receivables [Line Items]
Retail installment contracts held for investment (as a percent)		10.00%
Georgia
Schedule Of Financing Receivables [Line Items]
Retail installment contracts held for investment (as a percent)		5.00%
Other States (less than 5%)
Schedule Of Financing Receivables [Line Items]
Retail installment contracts held for investment (as a percent)		5.00%
Percentage of remaining receivable from dealers held for investment		5.00%
Virginia
Schedule Of Financing Receivables [Line Items]
Percentage of remaining receivable from dealers held for investment		52.00%
New York
Schedule Of Financing Receivables [Line Items]
Percentage of remaining receivable from dealers held for investment		24.00%
Mississippi
Schedule Of Financing Receivables [Line Items]
Percentage of remaining receivable from dealers held for investment		12.00%
Missouri
Schedule Of Financing Receivables [Line Items]
Percentage of remaining receivable from dealers held for investment		9.00%
Fleet Contracts
Schedule Of Financing Receivables [Line Items]
Financing receivable, net		$ 723,847,000	1,087,024,000
Receivables from Dealers
Schedule Of Financing Receivables [Line Items]
Committed amount		50,000,000	50,000,000
Credit facility		50,000,000	50,000,000
Accrued interest receivable		$ 151,000	156,000
Retail Installment Contracts
Schedule Of Financing Receivables [Line Items]
Loans classified as non-performing, period for classification		60 days
Unpaid principal balance | Retail Installment Contracts
Schedule Of Financing Receivables [Line Items]
Financing receivable, net		$ 191,671,000
Unpaid principal balance | Personal Loans | Consumer Portfolio Segment
Schedule Of Financing Receivables [Line Items]
Sale of finance receivable	$ 869,349,000
Nonperforming Financial Instruments | Unpaid principal balance | Personal Loans | Consumer Portfolio Segment
Schedule Of Financing Receivables [Line Items]
Financing receivable, net		$ 909,000	$ 941,000

Finance Receivables - Summary o

Finance Receivables - Summary of Financing Receivables Held for Investment (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Purchased receivables	$ 191,071	$ 239,551
Capital lease receivables	30,302	47,206
Finance receivables held for investment, net	23,477,426	23,367,788
Purchased receivables portfolios acquired with deteriorated credit quality:
Outstanding balance	282,958	362,212
Outstanding recorded investment, net of impairment	191,071	239,551
Retail Installment Contracts Acquired Individually
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retail installment contracts and loans held for investment	23,185,951	23,004,065
Receivables from Dealers
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retail installment contracts and loans held for investment	69,193	76,025
Personal Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retail installment contracts and loans held for investment	909	941
Unpaid principal balance | Retail Installment Contracts Acquired Individually
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retail installment contracts and loans held for investment	27,224,925	26,863,946
Unpaid principal balance | Receivables from Dealers
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retail installment contracts and loans held for investment	70,030	76,941
Unpaid principal balance | Personal Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retail installment contracts and loans held for investment	909	941
Credit loss allowance | Retail Installment Contracts Acquired Individually
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retail installment contracts and loans held for investment	(3,422,736)	(3,197,414)
Credit loss allowance | Receivables from Dealers
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retail installment contracts and loans held for investment	(837)	(916)
Credit loss allowance | Personal Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retail installment contracts and loans held for investment	0	0
Discount | Retail Installment Contracts Acquired Individually
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retail installment contracts and loans held for investment	(678,114)	(722,701)
Discount | Receivables from Dealers
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retail installment contracts and loans held for investment	0	0
Discount | Personal Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retail installment contracts and loans held for investment	0	0
Capitalized origination costs and fees | Retail Installment Contracts Acquired Individually
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retail installment contracts and loans held for investment	61,876	60,234
Capitalized origination costs and fees | Receivables from Dealers
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retail installment contracts and loans held for investment	0	0
Capitalized origination costs and fees | Personal Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Retail installment contracts and loans held for investment	$ 0	$ 0

Finance Receivables - Changes i

Finance Receivables - Changes in Accretable Yield on Purchased Receivables Portfolios (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield Movement Schedule [Roll Forward]
Balance — beginning of period	$ 156,336	$ 247,944	$ 178,582	$ 268,927
Accretion of accretable yield	(19,615)	(21,474)	(40,944)	(49,680)
Reclassifications from (to) nonaccretable difference	1,026	57,990	109	65,213
Balance — end of period	$ 137,747	$ 284,460	$ 137,747	$ 284,460

Finance Receivables - Schedule

Finance Receivables - Schedule of Carrying Values of Finance Receivables Held for Sale (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables held for sale, carrying value	$ 2,859,996	$ 2,859,575
Retail installment contracts acquired individually
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables held for sale, carrying value	1,889,284	905,161
Personal loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables held for sale, carrying value	$ 970,712	$ 1,954,414

Finance Receivables - Schedul43

Finance Receivables - Schedule of Sales of Retail Installment Contracts and Charged-off Assets (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Receivables [Abstract]
Sales of retail installment contracts to third parties	$ 659,224	$ 2,016,675	$ 1,519,179	$ 2,935,753
Proceeds from sales of charged-off assets	$ 28,844	$ 65,587	$ 35,073	$ 103,963

Finance Receivables - Schedul44

Finance Receivables - Schedule of Servicing of Retail Installment Contracts (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Receivables [Abstract]
Serviced balance of retail installment contracts and leases sold to third parties	$ 10,719,819	$ 12,155,844

Leases - Additional Information

Leases - Additional Information (Details) - FCA - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2015
Capital Leased Assets [Line Items]
Aggregate depreciated net capitalized cost of leases sold	$ 755,624	$ 1,316,958
Net book value of leases	$ 666,252	$ 1,155,171

Leases - Summary of Leased Vehi

Leases - Summary of Leased Vehicles (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Leases [Abstract]
Leased vehicles	$ 11,077,474	$ 8,836,710
Less: accumulated depreciation	(1,950,295)	(1,510,414)
Depreciated net capitalized cost	9,127,179	7,326,296
Manufacturer subvention payments	(1,083,890)	(845,142)
Origination fees and other costs	21,938	16,156
Net book value	$ 8,065,227	$ 6,497,310

Leases - Future Minimum Rental

Leases - Future Minimum Rental Payments Due to Lessor under Operating Leases (Details) $ in Thousands	Jun. 30, 2016USD ($)
Leases [Abstract]
Remainder of 2016	$ 735,653
2,017	1,179,155
2,018	609,990
2,019	79,347
2,020	1,000
Thereafter	0
Total	$ 2,605,145

Leases - Summary of Capital Lea

Leases - Summary of Capital Lease Receivables (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Leases [Abstract]
Gross investment in capital leases	$ 55,403	$ 91,393
Origination fees and other	157	155
Less unearned income	(12,506)	(24,464)
Net investment in capital leases before allowance	43,054	67,084
Less: allowance for lease losses	(12,752)	(19,878)
Net investment in capital leases	$ 30,302	$ 47,206

Leases - Future Minimum Renta49

Leases - Future Minimum Rental Receivable under Capital Leases (Details) $ in Thousands	Jun. 30, 2016USD ($)
Leases [Abstract]
Remainder of 2016	$ 9,516
2,017	18,963
2,018	18,033
2,019	7,240
2,020	1,417
Thereafter	234
Total	$ 55,403

Credit Loss Allowance and Cre50

Credit Loss Allowance and Credit Quality - Additional Information (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015	Dec. 31, 2014
Financing Receivable, Allowance for Credit Losses [Line Items]
TDRs, number of days past due for determination of nonaccrual and accrual status			60 days
Retail Installment Contracts
Financing Receivable, Allowance for Credit Losses [Line Items]
Loans classified as non-performing, period for classification			60 days
TDRs, number of days past due, considered subsequently defaulted			120 days
Receivables From Dealers
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for credit losses	$ 837,000	$ 968,000	$ 837,000	$ 968,000	$ 1,403,000	$ 916,000	$ 1,130,000	$ 674,000
Impairment to financing receivable	135,000	0	$ 135,000	0
Loans classified as non-performing, period for classification			90 days
Receivables that were 31 days or more delinquent	0		$ 0			0
Receivables classified as a TDR	0		0			0
Retail Installment Contracts Acquired Individually
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for credit losses	3,422,736,000	2,927,624,000	3,422,736,000	2,927,624,000	$ 3,320,227,000	$ 3,197,414,000	$ 2,748,526,000	$ 2,586,685,000
Impairment to financing receivable	1,032,517,000	$ 803,763,000	$ 2,183,145,000	$ 1,691,155,000
TDRs, deferral period			90 days
Personal Loans
Financing Receivable, Allowance for Credit Losses [Line Items]
TDRs, number of days past due, considered subsequently defaulted			180 days
Unpaid principal balance | Receivables from Dealers
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for credit losses	$ 837,000		$ 837,000

Credit Loss Allowance and Cre51

Credit Loss Allowance and Credit Quality - Summary of Activity in Loan Loss Allowance (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Retail Installment Contracts Acquired Individually
Allowance for Loan and Lease Losses [Roll Forward]
Balance — beginning of period	$ 3,320,227	$ 2,748,526	$ 3,197,414	$ 2,586,685
Provision for credit losses	514,755	454,467	1,177,881	987,481
Charge-offs	(1,032,517)	(803,763)	(2,183,145)	(1,691,155)
Recoveries	620,271	528,394	1,230,586	1,071,730
Transfers to held-for-sale			0	(27,117)
Balance — end of period	3,422,736	2,927,624	3,422,736	2,927,624
Receivables from Dealers
Allowance for Loan and Lease Losses [Roll Forward]
Balance — beginning of period	1,403	1,130	916	674
Provision for credit losses	(431)	(162)	56	294
Charge-offs	(135)	0	(135)	0
Recoveries	0	0	0	0
Transfers to held-for-sale			0	0
Balance — end of period	837	968	837	968
Personal Loans
Allowance for Loan and Lease Losses [Roll Forward]
Balance — beginning of period		352,878		348,660
Provision for credit losses		121,118		218,821
Charge-offs		(97,218)		(196,908)
Recoveries		7,957		14,162
Transfers to held-for-sale				0
Balance — end of period		384,735		384,735
Capital Lease Receivable
Allowance for Loan and Lease Losses [Roll Forward]
Balance — beginning of period	15,860	15,182	19,878	9,589
Provision for credit losses	(509)	8,226	(2,056)	14,002
Charge-offs	(10,196)	(17,393)	(22,555)	(19,390)
Recoveries	7,597	9,555	17,485	11,369
Balance — end of period	$ 12,752	$ 15,570	$ 12,752	$ 15,570

Credit Loss Allowance and Cre52

Credit Loss Allowance and Credit Quality - Summary of Impairment Activity Related to Purchased Receivables Portfolios (Details) - Purchased Receivables Portfolios - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Allowance for Loan and Lease Losses [Roll Forward]
Balance — beginning of period	$ 170,412	$ 181,024	$ 172,308	$ 186,126
Incremental provisions for purchased receivables portfolios	0	0	0	300
Incremental reversal of provisions for purchased receivables portfolios	(1,894)	(4,270)	(3,790)	(9,672)
Balance — end of period	$ 168,518	$ 176,754	$ 168,518	$ 176,754

Credit Loss Allowance and Cre53

Credit Loss Allowance and Credit Quality - Summary of Delinquencies (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Financing Receivable Recorded Investment Past Due [Line Items]
Principal, 31-60 days past due	$ 2,458,160	$ 2,485,428
Delinquent principal over 60 days	1,151,627	1,208,864
Total delinquent principal	3,609,787	3,694,292
Loans Acquired Individually
Financing Receivable Recorded Investment Past Due [Line Items]
Principal, 31-60 days past due	2,440,339	2,454,986
Delinquent principal over 60 days	1,142,648	1,191,567
Total delinquent principal	3,582,987	3,646,553
Purchased Receivables Portfolios
Financing Receivable Recorded Investment Past Due [Line Items]
Principal, 31-60 days past due	17,821	30,442
Delinquent principal over 60 days	8,979	17,297
Total delinquent principal	$ 26,800	$ 47,739

Credit Loss Allowance and Cre54

Credit Loss Allowance and Credit Quality - Summary of Credit Risk Profile (Details) - Retail Installment Contracts Held for Investment	Jun. 30, 2016	Dec. 31, 2015
Commercial Portfolio Segment
Financing Receivable Recorded Investment [Line Items]
Financing receivable, net, percentage	2.60%	4.00%
No-FICOs | Consumer Portfolio Segment
Financing Receivable Recorded Investment [Line Items]
Financing receivable, net, percentage	12.60%	12.20%
Under 540 | Consumer Portfolio Segment
Financing Receivable Recorded Investment [Line Items]
Financing receivable, net, percentage	22.90%	23.40%
540-599 | Consumer Portfolio Segment
Financing Receivable Recorded Investment [Line Items]
Financing receivable, net, percentage	31.20%	30.90%
600-639 | Consumer Portfolio Segment
Financing Receivable Recorded Investment [Line Items]
Financing receivable, net, percentage	17.40%	17.30%
Over 640 | Consumer Portfolio Segment
Financing Receivable Recorded Investment [Line Items]
Financing receivable, net, percentage	13.30%	12.20%

Credit Loss Allowance and Cre55

Credit Loss Allowance and Credit Quality - Summary Commercial Loan Credit Quality Indicators (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Receivables From Dealers | Total (a)
Financing Receivable Recorded Investment [Line Items]
Financing receivable, net	$ 70,030	$ 76,941
Receivables From Dealers | Pass
Financing Receivable Recorded Investment [Line Items]
Financing receivable, net	68,057	68,873
Receivables From Dealers | Special Mention
Financing Receivable Recorded Investment [Line Items]
Financing receivable, net	0	8,068
Receivables From Dealers | Substandard
Financing Receivable Recorded Investment [Line Items]
Financing receivable, net	1,973	0
Receivables From Dealers | Doubtful
Financing Receivable Recorded Investment [Line Items]
Financing receivable, net	0	0
Receivables From Dealers | Loss
Financing Receivable Recorded Investment [Line Items]
Financing receivable, net	0	0
Fleet Contracts
Financing Receivable Recorded Investment [Line Items]
Financing receivable, net	723,847	1,087,024
Fleet Contracts | Total (a)
Financing Receivable Recorded Investment [Line Items]
Financing receivable, net	26,985	44,736
Fleet Contracts | Pass
Financing Receivable Recorded Investment [Line Items]
Financing receivable, net	22,407	39,270
Fleet Contracts | Special Mention
Financing Receivable Recorded Investment [Line Items]
Financing receivable, net	4,334	5,466
Fleet Contracts | Substandard
Financing Receivable Recorded Investment [Line Items]
Financing receivable, net	244	0
Fleet Contracts | Doubtful
Financing Receivable Recorded Investment [Line Items]
Financing receivable, net	0	0
Fleet Contracts | Loss
Financing Receivable Recorded Investment [Line Items]
Financing receivable, net	0	0
Fleet Contracts | Does Not Meet Threshold for Review
Financing Receivable Recorded Investment [Line Items]
Financing receivable, net	$ 696,862	$ 1,042,288

Credit Loss Allowance and Cre56

Credit Loss Allowance and Credit Quality - Summary of TDRs (Details) - Retail Installment Contracts - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Financing Receivable Modifications [Line Items]
Outstanding recorded investment	$ 5,061,608	$ 4,601,502
Impairment	(1,509,540)	(1,363,023)
Outstanding recorded investment, net of impairment	$ 3,552,068	$ 3,238,479

Credit Loss Allowance and Cre57

Credit Loss Allowance and Credit Quality - Summary of Delinquent TDRs (Details) - Retail Installment Contracts - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Troubled Debt Restructuring Debtor Current Period [Line Items]
Principal, 31-60 days past due	$ 995,368	$ 942,021
Delinquent principal over 60 days	501,731	510,015
Total delinquent TDR principal	$ 1,497,099	$ 1,452,036

Credit Loss Allowance and Cre58

Credit Loss Allowance and Credit Quality - Average Recorded Investment and Income Recognized on TDR Loans (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Retail Installment Contracts
Financing Receivable Modifications [Line Items]
Average outstanding recorded investment in TDRs	$ 4,897,481	$ 4,421,679	$ 4,798,821	$ 4,295,809
Interest income recognized	$ 195,376	149,915	$ 369,567	331,325
Personal Loans
Financing Receivable Modifications [Line Items]
Average outstanding recorded investment in TDRs		17,774		17,634
Interest income recognized		$ 629		$ 1,218

Credit Loss Allowance and Cre59

Credit Loss Allowance and Credit Quality - Summary of Financial Effects of TDRs (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016USD ($)contract	Jun. 30, 2015USD ($)contract	Jun. 30, 2016USD ($)contract	Jun. 30, 2015USD ($)contract
Retail Installment Contracts
Financing Receivable Modifications [Line Items]
Outstanding recorded investment before TDR	$ 840,610	$ 927,804	$ 1,533,538	$ 1,761,327
Outstanding recorded investment after TDR	$ 846,277	$ 933,655	$ 1,545,563	$ 1,775,036
Number of contracts (not in thousands) | contract	47,364	53,850	86,744	102,742
Personal Loans
Financing Receivable Modifications [Line Items]
Outstanding recorded investment before TDR		$ 4,384		$ 9,778
Outstanding recorded investment after TDR		$ 4,364		$ 9,720
Number of contracts (not in thousands) | contract		3,671		8,139

Credit Loss Allowance and Cre60

Credit Loss Allowance and Credit Quality - Summary of Loan Restructuring Accounted for as TDRs (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016USD ($)contract	Jun. 30, 2015USD ($)contract	Jun. 30, 2016USD ($)contract	Jun. 30, 2015USD ($)contract
Retail Installment Contracts
Financing Receivable Modifications [Line Items]
Recorded investment in TDRs that subsequently defaulted | $	$ 159,615	$ 171,855	$ 359,477	$ 353,268
Number of contracts (not in thousands) | contract	9,109	9,996	20,511	20,737
Personal Loans
Financing Receivable Modifications [Line Items]
Recorded investment in TDRs that subsequently defaulted | $		$ 1,790		$ 3,201
Number of contracts (not in thousands) | contract		1,603		3,014

Debt - Schedule of Credit Facil

Debt - Schedule of Credit Facilities (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015	Oct. 31, 2016
Line Of Credit Facility [Line Items]
Utilized Balance	$ 7,005,116,000	$ 6,902,779,000
Unsecured Debt
Line Of Credit Facility [Line Items]
Utilized Balance	1,420,584,000	1,420,584,000
Total facilities with third parties
Line Of Credit Facility [Line Items]
Utilized Balance	7,005,116,000	6,902,779,000
Committed Amount	10,848,212,000	10,225,904,000
Assets Pledged	8,043,194,000	8,063,878,000
Restricted Cash Pledged	$ 213,912,000	$ 178,847,000
Warehouse line, due July 2016
Line Of Credit Facility [Line Items]
Maturity Date	2016-07	2016-06
Utilized Balance	$ 266,084,000	$ 378,301,000
Committed Amount	$ 500,000,000	$ 500,000,000
Effective Rate	1.72%	1.48%
Assets Pledged	$ 371,360,000	$ 535,737,000
Restricted Cash Pledged	$ 0	$ 0
Warehouse line, due Various
Line Of Credit Facility [Line Items]
Maturity Date, Various	Various	Various
Utilized Balance	$ 449,585,000	$ 808,135,000
Committed Amount	$ 1,250,000,000	$ 1,250,000,000
Effective Rate	2.27%	1.29%
Assets Pledged	$ 621,893,000	$ 1,137,257,000
Restricted Cash Pledged	$ 18,030,000	$ 24,942,000
Warehouse line, due July 2017
Line Of Credit Facility [Line Items]
Maturity Date	2017-07	2017-07
Utilized Balance	$ 843,820,000	$ 682,720,000
Committed Amount	$ 1,260,000,000	$ 1,260,000,000
Effective Rate	1.49%	1.35%
Assets Pledged	$ 957,299,000	$ 809,185,000
Restricted Cash Pledged	$ 26,983,000	$ 20,852,000
Warehouse line, due July 2017
Line Of Credit Facility [Line Items]
Maturity Date	2017-07	2017-07
Utilized Balance	$ 2,775,843,000	$ 2,247,443,000
Committed Amount	$ 2,940,000,000	$ 2,940,000,000
Effective Rate	1.44%	1.41%
Assets Pledged	$ 4,234,607,000	$ 3,412,321,000
Restricted Cash Pledged	$ 60,400,000	$ 48,589,000
Warehouse line, due December 2017
Line Of Credit Facility [Line Items]
Maturity Date	2017-12	2017-12
Utilized Balance	$ 576,777,000	$ 944,877,000
Committed Amount	$ 1,800,000,000	$ 2,000,000,000
Effective Rate	2.39%	1.56%
Assets Pledged	$ 821,314,000	$ 1,345,051,000
Restricted Cash Pledged	$ 26,889,000	$ 32,038,000
Repurchase facility, due May 2017
Line Of Credit Facility [Line Items]
Maturity Date	2016-12	2016-12
Utilized Balance	$ 787,703,000	$ 850,904,000
Committed Amount	$ 787,703,000	$ 850,904,000
Effective Rate	2.71%	2.07%
Assets Pledged	$ 0	$ 0
Restricted Cash Pledged	$ 31,763,000	$ 34,166,000
Debt term	1 year
Repurchase facility, due April 2017
Line Of Credit Facility [Line Items]
Maturity Date	2017-04
Utilized Balance	$ 235,509,000
Committed Amount	$ 235,509,000
Effective Rate	1.79%
Assets Pledged	$ 0
Restricted Cash Pledged	$ 0
Warehouse line, due March 2018
Line Of Credit Facility [Line Items]
Maturity Date	2018-03
Utilized Balance	$ 428,899,000
Committed Amount	$ 1,000,000,000
Effective Rate	1.52%
Assets Pledged	$ 609,417,000
Restricted Cash Pledged	$ 18,123,000
Warehouse line, due September 2017
Line Of Credit Facility [Line Items]
Maturity Date		2017-09
Utilized Balance		$ 565,399,000
Committed Amount		$ 1,000,000,000
Effective Rate		1.20%
Assets Pledged		$ 824,327,000
Restricted Cash Pledged		$ 15,759,000
Warehouse line, due November 2016
Line Of Credit Facility [Line Items]
Maturity Date	2016-11	2016-11
Utilized Balance	$ 175,000,000	$ 175,000,000
Committed Amount	$ 175,000,000	$ 175,000,000
Effective Rate	2.00%	1.90%
Assets Pledged	$ 0	$ 0
Restricted Cash Pledged	$ 0	$ 0
Warehouse line, due November 2016
Line Of Credit Facility [Line Items]
Maturity Date	2016-11	2016-11
Utilized Balance	$ 250,000,000	$ 250,000,000
Committed Amount	$ 250,000,000	$ 250,000,000
Effective Rate	2.00%	1.90%
Assets Pledged	$ 0	$ 0
Restricted Cash Pledged	$ 2,502,000	$ 2,501,000
Warehouse line, due June 2017
Line Of Credit Facility [Line Items]
Maturity Date	2017-06
Utilized Balance	$ 124,396,000
Committed Amount	$ 250,000,000
Effective Rate	3.10%
Assets Pledged	$ 300,020,000
Restricted Cash Pledged	$ 25,055,000
Warehouse line, due January 2018
Line Of Credit Facility [Line Items]
Maturity Date	2018-01
Utilized Balance	$ 91,500,000
Committed Amount	$ 400,000,000
Effective Rate	3.08%
Assets Pledged	$ 127,284,000
Restricted Cash Pledged	$ 4,167,000
Line of credit, due December 2016
Line Of Credit Facility [Line Items]
Maturity Date	2016-12	2016-12
Line of credit, due December 2018
Line Of Credit Facility [Line Items]
Maturity Date	2018-12	2018-12
Line of credit, due December 2016
Line Of Credit Facility [Line Items]
Maturity Date	2016-12	2016-12
Line of credit, due December 2018
Line Of Credit Facility [Line Items]
Maturity Date	2018-12	2018-12
Line of credit, due March 2017
Line Of Credit Facility [Line Items]
Maturity Date	2017-03	2017-03
Line of credit, due March 2019
Line Of Credit Facility [Line Items]
Maturity Date	2019-03
Revolving credit facilities
Line Of Credit Facility [Line Items]
Utilized Balance	$ 9,355,116,000	$ 9,502,779,000
Committed Amount	15,648,212,000	15,025,904,000
Assets Pledged	8,043,194,000	8,063,878,000
Restricted Cash Pledged	213,912,000	178,847,000
Santander and Related Subsidiaries | Total facilities with Santander and related subsidiaries
Line Of Credit Facility [Line Items]
Utilized Balance	2,350,000,000	2,600,000,000
Committed Amount	4,800,000,000	4,800,000,000
Assets Pledged	0	0
Restricted Cash Pledged	0	0
Santander and Related Subsidiaries | Line of credit, due December 2016
Line Of Credit Facility [Line Items]
Utilized Balance	500,000,000	500,000,000
Committed Amount	$ 500,000,000	$ 500,000,000
Effective Rate	2.75%	2.65%
Assets Pledged	$ 0	$ 0
Restricted Cash Pledged	0	0
Santander and Related Subsidiaries | Line of credit, due December 2018
Line Of Credit Facility [Line Items]
Utilized Balance	0	0
Committed Amount	$ 500,000,000	$ 500,000,000
Effective Rate	3.50%	3.48%
Assets Pledged	$ 0	$ 0
Restricted Cash Pledged	0	0
Santander and Related Subsidiaries | Line of credit, due December 2016
Line Of Credit Facility [Line Items]
Utilized Balance	1,000,000,000	1,000,000,000
Committed Amount	$ 1,000,000,000	$ 1,750,000,000
Effective Rate	2.71%	2.61%
Assets Pledged	$ 0	$ 0
Restricted Cash Pledged	0	0
Santander and Related Subsidiaries | Line of credit, due December 2018
Line Of Credit Facility [Line Items]
Utilized Balance	550,000,000	800,000,000
Committed Amount	$ 1,000,000,000	$ 1,750,000,000
Effective Rate	2.80%	2.84%
Assets Pledged	$ 0	$ 0
Restricted Cash Pledged	0	0
Santander and Related Subsidiaries | Line of credit, due March 2017
Line Of Credit Facility [Line Items]
Utilized Balance	300,000,000	300,000,000
Committed Amount	$ 300,000,000	$ 300,000,000
Effective Rate	1.99%	1.88%
Assets Pledged	$ 0	$ 0
Restricted Cash Pledged	0	$ 0
Santander and Related Subsidiaries | Line of credit, due March 2019
Line Of Credit Facility [Line Items]
Utilized Balance	0
Committed Amount	$ 1,500,000,000
Effective Rate	4.45%
Assets Pledged	$ 0
Restricted Cash Pledged	$ 0
Scenario, Forecast | New warehouse line
Line Of Credit Facility [Line Items]
Committed Amount			$ 300,000,000

Debt - Summary of Secured Struc

Debt - Summary of Secured Structured Financings (Details)	1 Months Ended	6 Months Ended	12 Months Ended
	Sep. 30, 2016USD ($)issuance	Jun. 30, 2016USD ($)	Dec. 31, 2015USD ($)	Oct. 31, 2016USD ($)	Jul. 31, 2016USD ($)
Debt Instrument [Line Items]
Balance		$ 22,493,245,000	$ 20,872,900,000
Secured Structured Financings
Debt Instrument [Line Items]
Balance		22,493,245,000	20,872,900,000
Initial Note Amounts Issued		42,902,263,000	36,652,463,000
Collateral		30,163,192,000	27,751,419,000
Restricted Cash		1,952,563,000	1,700,697,000
Secured Structured Financings | Securitizations
Debt Instrument [Line Items]
Balance		14,189,609,000	12,659,996,000
Initial Note Amounts Issued		29,866,272,000	24,923,292,000
Collateral		18,399,755,000	16,256,067,000
Restricted Cash		$ 1,457,747,000	$ 1,242,857,000
Secured Structured Financings | 2014 Securitizations
Debt Instrument [Line Items]
Original Estimated Maturity Dates		2018-09	2018-09
Balance		$ 302,364,000	$ 433,771,000
Initial Note Amounts Issued		2,525,540,000	2,525,540,000
Collateral		432,673,000	580,581,000
Restricted Cash		$ 80,215,000	$ 84,231,000
Secured Structured Financings | 2014 Securitizations | Minimum
Debt Instrument [Line Items]
Initial Weighted Average Interest Rate		0.92%	0.92%
Secured Structured Financings | 2014 Securitizations | Maximum
Debt Instrument [Line Items]
Initial Weighted Average Interest Rate		1.23%	1.23%
Secured Structured Financings | 2013 Securitizations
Debt Instrument [Line Items]
Balance		$ 1,599,172,000	$ 2,000,915,000
Initial Note Amounts Issued		6,689,700,000	6,689,700,000
Collateral		1,971,966,000	2,577,552,000
Restricted Cash		$ 250,693,000	$ 267,623,000
Secured Structured Financings | 2013 Securitizations | Minimum
Debt Instrument [Line Items]
Original Estimated Maturity Dates		2019-01	2019-01
Initial Weighted Average Interest Rate		0.89%	0.89%
Secured Structured Financings | 2013 Securitizations | Maximum
Debt Instrument [Line Items]
Original Estimated Maturity Dates		2021-01	2021-01
Initial Weighted Average Interest Rate		1.59%	1.59%
Secured Structured Financings | 2014 Securitizations
Debt Instrument [Line Items]
Balance		$ 2,216,438,000	$ 2,956,273,000
Initial Note Amounts Issued		6,391,020,000	6,391,020,000
Collateral		3,039,302,000	3,894,365,000
Restricted Cash		$ 291,817,000	$ 313,356,000
Secured Structured Financings | 2014 Securitizations | Minimum
Debt Instrument [Line Items]
Original Estimated Maturity Dates		2020-02	2020-02
Initial Weighted Average Interest Rate		1.16%	1.16%
Secured Structured Financings | 2014 Securitizations | Maximum
Debt Instrument [Line Items]
Original Estimated Maturity Dates		2021-01	2021-01
Initial Weighted Average Interest Rate		1.72%	1.72%
Secured Structured Financings | 2015 Securitizations
Debt Instrument [Line Items]
Balance		$ 5,555,725,000	$ 7,269,037,000
Initial Note Amounts Issued		9,317,032,000	9,317,032,000
Collateral		7,333,152,000	9,203,569,000
Restricted Cash		$ 557,133,000	$ 577,647,000
Secured Structured Financings | 2015 Securitizations | Minimum
Debt Instrument [Line Items]
Original Estimated Maturity Dates		2019-09	2019-09
Initial Weighted Average Interest Rate		1.33%	1.33%
Secured Structured Financings | 2015 Securitizations | Maximum
Debt Instrument [Line Items]
Original Estimated Maturity Dates		2023-01	2023-01
Initial Weighted Average Interest Rate		2.29%	2.29%
Secured Structured Financings | 2016 Securitizations (a)
Debt Instrument [Line Items]
Balance		$ 4,515,910,000
Initial Note Amounts Issued		4,942,980,000
Collateral		5,622,662,000
Restricted Cash		$ 277,889,000
Secured Structured Financings | 2016 Securitizations (a) | Minimum
Debt Instrument [Line Items]
Original Estimated Maturity Dates		2022-04
Initial Weighted Average Interest Rate		1.72%
Secured Structured Financings | 2016 Securitizations (a) | Maximum
Debt Instrument [Line Items]
Original Estimated Maturity Dates		2023-08
Initial Weighted Average Interest Rate		2.46%
Secured Structured Financings | Privately issued amortizing notes
Debt Instrument [Line Items]
Balance		$ 8,303,636,000	$ 8,212,904,000
Initial Note Amounts Issued		13,035,991,000	11,729,171,000
Collateral		11,763,437,000	11,495,352,000
Restricted Cash		$ 494,816,000	$ 457,840,000
Secured Structured Financings | 2010 Private issuances
Debt Instrument [Line Items]
Original Estimated Maturity Dates		2011-06	2011-06
Balance		$ 145,452,000	$ 108,201,000
Initial Note Amounts Issued		$ 516,000,000	$ 516,000,000
Initial Weighted Average Interest Rate		1.29%	1.29%
Collateral		$ 244,540,000	$ 240,026,000
Restricted Cash		$ 7,704,000	$ 6,855,000
Secured Structured Financings | 2011 Private issuances
Debt Instrument [Line Items]
Original Estimated Maturity Dates		2018-12	2018-12
Balance		$ 408,958,000	$ 708,884,000
Initial Note Amounts Issued		$ 1,700,000,000	$ 1,700,000,000
Initial Weighted Average Interest Rate		1.46%	1.46%
Collateral		$ 853,897,000	$ 1,142,853,000
Restricted Cash		43,075,000	50,432,000
Secured Structured Financings | 2013 Private issuances
Debt Instrument [Line Items]
Balance		2,388,078,000	2,836,420,000
Initial Note Amounts Issued		2,693,754,000	2,693,754,000
Collateral		4,040,239,000	4,311,481,000
Restricted Cash		$ 183,428,000	$ 143,450,000
Secured Structured Financings | 2013 Private issuances | Minimum
Debt Instrument [Line Items]
Original Estimated Maturity Dates		2018-09	2018-09
Initial Weighted Average Interest Rate		1.13%	1.13%
Secured Structured Financings | 2013 Private issuances | Maximum
Debt Instrument [Line Items]
Original Estimated Maturity Dates		2020-09	2020-09
Initial Weighted Average Interest Rate		1.38%	1.38%
Secured Structured Financings | 2014 Private issuances
Debt Instrument [Line Items]
Balance		$ 1,045,896,000	$ 1,541,970,000
Initial Note Amounts Issued		3,271,175,000	3,271,175,000
Collateral		1,621,189,000	2,192,495,000
Restricted Cash		$ 74,389,000	$ 95,325,000
Secured Structured Financings | 2014 Private issuances | Minimum
Debt Instrument [Line Items]
Original Estimated Maturity Dates		2018-03	2018-03
Initial Weighted Average Interest Rate		1.05%	1.05%
Secured Structured Financings | 2014 Private issuances | Maximum
Debt Instrument [Line Items]
Original Estimated Maturity Dates		2021-12	2021-12
Initial Weighted Average Interest Rate		1.40%	1.40%
Secured Structured Financings | 2015 Private issuances
Debt Instrument [Line Items]
Balance		$ 2,146,329,000	$ 3,017,429,000
Initial Note Amounts Issued		2,605,062,000	3,548,242,000
Collateral		2,110,269,000	3,608,497,000
Restricted Cash		$ 135,925,000	$ 161,778,000
Secured Structured Financings | 2015 Private issuances | Minimum
Debt Instrument [Line Items]
Original Estimated Maturity Dates		2016-12	2016-11
Initial Weighted Average Interest Rate		0.88%	0.88%
Secured Structured Financings | 2015 Private issuances | Maximum
Debt Instrument [Line Items]
Original Estimated Maturity Dates		2019-07	2020-05
Initial Weighted Average Interest Rate		2.81%	2.81%
Secured Structured Financings | 2016 Private issuances (f)
Debt Instrument [Line Items]
Balance		$ 2,168,923,000
Initial Note Amounts Issued		2,250,000,000
Collateral		2,893,303,000
Restricted Cash		$ 50,295,000
Secured Structured Financings | 2016 Private issuances (f) | Minimum
Debt Instrument [Line Items]
Original Estimated Maturity Dates		2020-05
Initial Weighted Average Interest Rate		1.55%
Secured Structured Financings | 2016 Private issuances (f) | Maximum
Debt Instrument [Line Items]
Original Estimated Maturity Dates		2023-06
Initial Weighted Average Interest Rate		2.86%
Scenario, Forecast | Secured Structured Financings | 2016 Securitizations (a)
Debt Instrument [Line Items]
Initial Note Amounts Issued				$ 1,269,810,000
Subsequent Event | Secured Structured Financings | 2011 Private issuances
Debt Instrument [Line Items]
Initial Note Amounts Issued					$ 176,125,000
Subsequent Event | Secured Structured Financings | 2013 Private issuances
Debt Instrument [Line Items]
Initial Note Amounts Issued	$ 906,996,000
Subsequent Event | Secured Structured Financings | 2015 Private issuances
Debt Instrument [Line Items]
Initial Note Amounts Issued	110,000,000
Subsequent Event | Secured Structured Financings | 2016 Private issuances (f)
Debt Instrument [Line Items]
Initial Note Amounts Issued	$ 500,000,000
Number of debt instruments issued | issuance	2

Debt - Additional Information (

Debt - Additional Information (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Debt Instrument [Line Items]
Private issuance of notes backed by vehicle leases	$ 3,891,117,000		$ 3,891,117,000		$ 3,228,240,000
Interest expense on secured structured financing	102,582,000	$ 70,328,000	196,957,000	$ 131,180,000
Revolving credit facilities
Debt Instrument [Line Items]
Committed amount	15,648,212,000		15,648,212,000		$ 15,025,904,000
Total facilities with Santander and related subsidiaries
Debt Instrument [Line Items]
Committed amount	3,000,000,000		$ 3,000,000,000
Total facilities with Santander and related subsidiaries | Maturity Year One
Debt Instrument [Line Items]
Debt term			3 years
Credit facility maturity date			Dec. 31, 2016
Total facilities with Santander and related subsidiaries | Maturity Year Two
Debt Instrument [Line Items]
Debt term			5 years
Credit facility maturity date			Dec. 31, 2018
Total facilities with Santander and related subsidiaries | Revolving credit facilities | Secured Debt
Debt Instrument [Line Items]
Committed amount	300,000,000		$ 300,000,000
Total facilities with Santander and related subsidiaries | Revolving credit facilities | Unsecured Debt
Debt Instrument [Line Items]
Committed amount	$ 1,500,000,000		$ 1,500,000,000

Variable Interest Entities - Su

Variable Interest Entities - Summary of Cash Flows Received from Securitization Trusts (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Variable Interest Entity [Line Items]
Assets securitized	$ 6,325,637	$ 6,085,282	$ 9,983,592	$ 10,067,137
Net proceeds from new securitizations	5,118,309	4,918,906	7,820,313	7,975,856
Net proceeds from sale of retained bonds	128,798	0	128,798	0
Cash received for servicing fees	200,071	173,641	394,436	335,603
Net distributions from Trusts	761,480	616,342	1,391,206	1,072,395
Total cash received from Trusts	6,208,658	5,708,889	9,734,753	9,383,854
VIE, Not Primary Beneficiary
Variable Interest Entity [Line Items]
Assets securitized	0	768,561	0	768,561
Net proceeds from new securitizations	0	785,983	0	785,983
Cash received for servicing fees	13,157	6,319	28,858	11,623
Total cash received from Trusts	$ 13,157	$ 792,302	$ 28,858	$ 797,606

Variable Interest Entities - Ad

Variable Interest Entities - Additional Information (Details) - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2015	Jun. 30, 2016	Dec. 31, 2015
Securitization Financial Asset For Which Transfer Is Accounted As Sale [Line Items]
Gross retail installment contracts transferred and serviced			$ 28,592,178,000	$ 27,995,907,000
VIE, Not Primary Beneficiary
Securitization Financial Asset For Which Transfer Is Accounted As Sale [Line Items]
Retail installment contracts sold	$ 768,561,000	$ 768,561,000
VIE, Not Primary Beneficiary | Chrysler Capital
Securitization Financial Asset For Which Transfer Is Accounted As Sale [Line Items]
Gross retail installment contracts transferred and serviced			2,804,908,000	$ 3,897,223,000
Maximum exposure to loss, involvement with the VIE			$ 0

Derivative Financial Instrume66

Derivative Financial Instruments - Additional Information (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Estimated unrealized losses to be reclassified from AOCI to interest expense in next 12 months	$ 48,000,000
Warrant
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Estimated fair value of warrant	$ 0	$ 0

Derivative Financial Instrume67

Derivative Financial Instruments - Summary of Underlying Notional Amounts and Aggregate Fair Values (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Interest Rate Swap | Designated as Cash Flow Hedges
Derivative [Line Items]
Notional	$ 9,156,700,000	$ 9,150,000,000
Fair Value	(82,428,000)	1,706,000
Interest Rate Swap | Not Designated As Hedges
Derivative [Line Items]
Notional	1,582,000,000	2,399,000,000
Fair Value	(7,225,000)	(1,306,000)
Interest Rate Cap
Derivative [Line Items]
Notional	8,851,540,000	10,013,912,000
Fair Value	6,547,000	32,951,000
Options for Interest Rate Cap
Derivative [Line Items]
Notional	8,851,540,000	10,013,912,000
Fair Value	(6,550,000)	(32,977,000)
Total Return Settlement
Derivative [Line Items]
Notional	1,404,726,000	1,404,726,000
Fair Value	$ (53,543,000)	$ (53,432,000)

Derivative Financial Instrume68

Derivative Financial Instruments - Offsetting of Derivative Assets and Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Offsetting of Financial Assets
Gross Amounts of Recognized Assets	$ 6,592	$ 41,421
Total derivatives not subject to a master netting arrangement or similar arrangement	0	0
Gross Amounts of Recognized Assets, Total derivative assets	6,592	41,421
Gross Amounts of Recognized Assets, Total financial assets	6,592	41,421
Gross Amounts Offset in the Condensed Consolidated Balance Sheet	0	0
Gross Amounts Offset in the Condensed Consolidated Balance Sheet, Total financial assets	0	0
Net Amounts of Assets Presented in the Condensed Consolidated Balance Sheet	6,592	41,421
Net Amounts of Assets Presented in the Condensed Consolidated Balance Sheet, Total derivative assets	6,592	41,421
Net Amounts of Assets Presented in the Condensed Consolidated Balance Sheet, Total financial assets	6,592	41,421
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Financial Instruments	0	0
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Financial Instruments, Total financial assets	0	0
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Cash Collateral Received	0	0
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Cash Collateral Received, Total financial assets	0	0
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Net Amount	6,592	41,421
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Net Amount, Total financial assets	6,592	41,421
Offsetting of Financial Liabilities
Gross Amounts of Recognized Liabilities	96,248	41,047
Total derivatives not subject to a master netting arrangement or similar arrangement, Gross Amounts of Recognized Liabilities	53,543	53,432
Gross Amounts of Recognized Liabilities, Total derivative liabilities	149,791	94,479
Gross Amounts of Recognized Liabilities, Total financial liabilities	149,791	94,479
Gross Amounts Offset in the Condensed Consolidated Balance Sheet	0	0
Gross Amounts Offset in the Condensed Consolidated Balance Sheet, Total derivatives not subject to a master netting arrangement or similar arrangement	0	0
Gross Amounts Offset in the Condensed Consolidated Balance Sheet, Total derivative liabilities	0	0
Gross Amounts Offset in the Condensed Consolidated Balance Sheet, Total financial liabilities	0	0
Net Amounts of Liabilities Presented in the Condensed Consolidated Balance Sheet	96,248	41,047
Net Amounts of Liabilities Presented in the Condensed Consolidated Balance Sheet, Total derivatives not subject to a master netting arrangement or similar arrangement	53,543	53,432
Net Amounts of Liabilities Presented in the Condensed Consolidated Balance Sheet, Total derivative liabilities	149,791	94,479
Net Amounts of Liabilities Presented in the Condensed Consolidated Balance Sheet, Total financial liabilities	149,791	94,479
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Total derivatives subject to a master netting arrangement or similar arrangement, Financial Instruments	0	0
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Total derivatives not subject to a master netting arrangement or similar arrangement, Financial Instruments	0	0
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Total derivative liabilities, Financial Instruments	0	0
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Total financial liabilities, Financial Instruments	0	0
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Total derivatives subject to a master netting arrangement or similar arrangement, Cash Collateral Pledged	(96,230)	(39,046)
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Total derivatives not subject to a master netting arrangement or similar arrangement, Cash Collateral Pledged	0	0
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Total derivative liabilities, Cash Collateral Pledged	(96,230)	(39,046)
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Total financial liabilities, Cash Collateral Pledged	(96,230)	(39,046)
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Total derivatives subject to a master netting arrangement or similar arrangement, Net Amount	18	2,001
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Total derivatives not subject to a master netting arrangement or similar arrangement, Net Amount	53,543	53,432
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Total derivative liabilities, Net Amount	53,561	55,433
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Total financial liabilities, Net Amount	53,561	55,433
Interest Rate Swaps | Santander and Affiliates
Offsetting of Financial Assets
Gross Amounts of Recognized Assets	45	4,607
Gross Amounts Offset in the Condensed Consolidated Balance Sheet	0	0
Net Amounts of Assets Presented in the Condensed Consolidated Balance Sheet	45	4,607
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Financial Instruments	0	0
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Cash Collateral Received	0	0
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Net Amount	45	4,607
Offsetting of Financial Liabilities
Gross Amounts of Recognized Liabilities	22,063	4,977
Gross Amounts Offset in the Condensed Consolidated Balance Sheet	0	0
Net Amounts of Liabilities Presented in the Condensed Consolidated Balance Sheet	22,063	4,977
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Total derivatives subject to a master netting arrangement or similar arrangement, Financial Instruments	0	0
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Total derivatives subject to a master netting arrangement or similar arrangement, Cash Collateral Pledged	(22,063)	(3,430)
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Total derivatives subject to a master netting arrangement or similar arrangement, Net Amount	0	1,547
Interest Rate Swaps | Third Party
Offsetting of Financial Assets
Gross Amounts of Recognized Assets	0	3,863
Gross Amounts Offset in the Condensed Consolidated Balance Sheet	0	0
Net Amounts of Assets Presented in the Condensed Consolidated Balance Sheet	0	3,863
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Financial Instruments	0	0
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Cash Collateral Received	0	0
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Net Amount	0	3,863
Offsetting of Financial Liabilities
Gross Amounts of Recognized Liabilities	67,635	3,093
Gross Amounts Offset in the Condensed Consolidated Balance Sheet	0	0
Net Amounts of Liabilities Presented in the Condensed Consolidated Balance Sheet	67,635	3,093
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Total derivatives subject to a master netting arrangement or similar arrangement, Financial Instruments	0	0
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Total derivatives subject to a master netting arrangement or similar arrangement, Cash Collateral Pledged	(67,635)	(3,093)
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Total derivatives subject to a master netting arrangement or similar arrangement, Net Amount	0	0
Interest Rate Caps | Santander and Affiliates
Offsetting of Financial Assets
Gross Amounts of Recognized Assets	1,886	12,724
Gross Amounts Offset in the Condensed Consolidated Balance Sheet	0	0
Net Amounts of Assets Presented in the Condensed Consolidated Balance Sheet	1,886	12,724
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Financial Instruments	0	0
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Cash Collateral Received	0	0
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Net Amount	1,886	12,724
Interest Rate Caps | Third Party
Offsetting of Financial Assets
Gross Amounts of Recognized Assets	4,661	20,227
Gross Amounts Offset in the Condensed Consolidated Balance Sheet	0	0
Net Amounts of Assets Presented in the Condensed Consolidated Balance Sheet	4,661	20,227
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Financial Instruments	0	0
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Cash Collateral Received	0	0
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Net Amount	4,661	20,227
Back to Back | Santander and Affiliates
Offsetting of Financial Liabilities
Gross Amounts of Recognized Liabilities	1,886	12,724
Gross Amounts Offset in the Condensed Consolidated Balance Sheet	0	0
Net Amounts of Liabilities Presented in the Condensed Consolidated Balance Sheet	1,886	12,724
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Total derivatives subject to a master netting arrangement or similar arrangement, Financial Instruments	0	0
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Total derivatives subject to a master netting arrangement or similar arrangement, Cash Collateral Pledged	(1,868)	(12,270)
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Total derivatives subject to a master netting arrangement or similar arrangement, Net Amount	18	454
Back to Back | Third Party
Offsetting of Financial Liabilities
Gross Amounts of Recognized Liabilities	4,664	20,253
Gross Amounts Offset in the Condensed Consolidated Balance Sheet	0	0
Net Amounts of Liabilities Presented in the Condensed Consolidated Balance Sheet	4,664	20,253
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Total derivatives subject to a master netting arrangement or similar arrangement, Financial Instruments	0	0
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Total derivatives subject to a master netting arrangement or similar arrangement, Cash Collateral Pledged	(4,664)	(20,253)
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Total derivatives subject to a master netting arrangement or similar arrangement, Net Amount	0	0
Total Return Settlement
Offsetting of Financial Liabilities
Total derivatives not subject to a master netting arrangement or similar arrangement, Gross Amounts of Recognized Liabilities	53,543	53,432
Gross Amounts Offset in the Condensed Consolidated Balance Sheet, Total derivatives not subject to a master netting arrangement or similar arrangement	0	0
Net Amounts of Liabilities Presented in the Condensed Consolidated Balance Sheet, Total derivatives not subject to a master netting arrangement or similar arrangement	53,543	53,432
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Total derivatives not subject to a master netting arrangement or similar arrangement, Financial Instruments	0	0
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Total derivatives not subject to a master netting arrangement or similar arrangement, Cash Collateral Pledged	0	0
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheet, Total derivatives not subject to a master netting arrangement or similar arrangement, Net Amount	$ 53,543	$ 53,432

Derivative Financial Instrume69

Derivative Financial Instruments - Gross Gains (Losses) Reclassified from Accumulated Other Comprehensive Income (Details) - Interest Rate Swaps - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Designated as Cash Flow Hedges
Derivative Instruments Gain Loss [Line Items]
Recognized in Earnings	$ 27	$ 0	$ 235	$ 223
Gross Gains (Losses) Recognized in Accumulated Other Comprehensive Income (Loss)	(36,006)	(5,640)	(109,011)	(37,176)
Gross Gains (Losses) Reclassified From Accumulated Other Comprehensive Income to Interest Expense	(12,561)	(11,266)	(24,643)	(22,337)
Interest Expense | Not Designated As Hedges
Derivative Instruments Gain Loss [Line Items]
Recognized in Earnings	11,696	6,852	6,197	4,423
Operating Expense | Not Designated As Hedges
Derivative Instruments Gain Loss [Line Items]
Recognized in Earnings	$ (1,364)	$ (2,078)	$ (2,680)	$ (14,033)

Other Assets (Details)

Other Assets (Details) - USD ($) $ in Thousands	1 Months Ended
	May 31, 2013	Jun. 30, 2016	Dec. 31, 2015
Other Assets [Line Items]
Other assets		$ 618,940	$ 582,291
Upfront fee	$ 150,000
Finance and other interest income amortization period	10 years
Vehicles
Other Assets [Line Items]
Other assets		232,293	203,906
Manufacturer subvention payments receivable
Other Assets [Line Items]
Other assets		111,823	132,856
Upfront fee
Other Assets [Line Items]
Other assets		102,500	110,000
Derivative assets
Other Assets [Line Items]
Other assets		92,579	59,022
Prepaids
Other Assets [Line Items]
Other assets		41,959	33,183
Accounts receivable
Other Assets [Line Items]
Other assets		22,083	27,028
Other
Other Assets [Line Items]
Other assets		$ 15,703	$ 16,296

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Operating Loss Carryforwards [Line Items]
Income tax expense	$ 154,218	$ 208,454	$ 274,861	$ 331,277
Effective tax rate	35.20%	36.40%	35.90%	35.30%
Related party taxes receivable	$ 85		$ 85		$ 71
Tax Sharing Agreement
Operating Loss Carryforwards [Line Items]
Related party taxes receivable	$ 85		$ 85

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($)

Nov. 13, 2015

Nov. 04, 2015

Oct. 01, 2015

Feb. 25, 2015

Jun. 30, 2016

Jun. 30, 2015

Jun. 30, 2016

Jun. 30, 2015

Sep. 30, 2015

Jul. 27, 2016

Dec. 31, 2015

Aug. 01, 2015

Jul. 31, 2015

May 09, 2015

Loss Contingencies [Line Items]

Purchase obligation

$ 12,445,000

$ 12,445,000

$ 12,486,000

Repurchase rate (up to)

9.99%

Retainer rate (up to) upon exercise of repurchase right

20.00%

Servicing fees adjustment

0

$ 0

$ (836,000)

$ (147,000)

Outstanding repurchase requests

0

0

Commitments to sell charged off loan receivables in bankruptcy status

350,000,000

350,000,000

Sales subject to market price check

$ 275,000,000

Remaining commitment to sell charged off loan receivables

168,472,000

168,472,000

200,707,000

Estimated fair value of the guarantee

964,000

$ 964,000

2,893,000

Assurance of Discontinuance | Unfavorable Regulatory Action

Loss Contingencies [Line Items]

Civil fine, amount

$ 150,000

Violation of Servicemembers Civil Relief Act | Civil Fine

Loss Contingencies [Line Items]

Civil fine, amount

$ 55,000

Violation of Servicemembers Civil Relief Act | Civil Fine to Affected Service Members | Minimum

Loss Contingencies [Line Items]

Civil fine, amount

9,360,000

Violation of Servicemembers Civil Relief Act | Lost Equity for Each Repossession

Loss Contingencies [Line Items]

Civil fine, amount

10,000

Violation of Servicemembers Civil Relief Act | Sought to Collect Repossession-related Fees

Loss Contingencies [Line Items]

Civil fine, amount

$ 5,000

CBP

Loss Contingencies [Line Items]

Loans servicing, loss-sharing payment ratio

0.50%

CBP | FCA

Loss Contingencies [Line Items]

Maximum purchase amount committed

$ 200,000,000

$ 600,000,000

Minimum purchase amount committed per quarter

$ 50,000,000

$ 250,000,000

SBNA

Loss Contingencies [Line Items]

Indemnification of leases

$ 48,226,000

Lending Company

Loss Contingencies [Line Items]

Purchase commitment amount

$ 30,000,000

Purchase commitment percent

50.00%

Cancellation notice period

90 days

Bank of America

Loss Contingencies [Line Items]

Commitment to sell loans, maturity date

May 31, 2018

Commitment to sell loans

$ 350,000,000

$ 300,000,000

Loan commitment, termination notice, period

90 days

120 days

Revenue Sharing Payments and Gain-Sharing Payments to FCA | FCA

Loss Contingencies [Line Items]

Payment obligation

15,047,000

$ 15,047,000

12,054,000

Servicer Performance Payment | Bank of America

Loss Contingencies [Line Items]

Payment obligation

8,553,000

8,553,000

6,331,000

Loss Sharing Payment | CBP

Loss Contingencies [Line Items]

Payment obligation

2,310,000

2,310,000

3,375,000

Receivables From Dealers | Consumer Portfolio Segment | Unfunded Loan Commitment

Loss Contingencies [Line Items]

Financing receivable, net

20,164,000

20,164,000

26,941,000

Financing receivable, committed amount

20,792,000

20,792,000

$ 27,385,000

July 2,017

Loss Contingencies [Line Items]

Purchase commitment amount

$ 30,000,000

Purchase commitment percent

50.00%

Subsequent Event | Bank of America

Loss Contingencies [Line Items]

Commitment to sell loans

$ 300,000,000

Modified Stock Option | Chairman and CEO

Loss Contingencies [Line Items]

Compensation liability

$ 115,139,000

$ 115,139,000

Related-Party Transactions - In

Related-Party Transactions - Interest Expense and Accrued Interest (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Santander
Related Party Transaction [Line Items]
Line of credit agreement, interest expense (Note 5)	$ 16,123	$ 26,151	$ 36,396	$ 51,635
Line of credit agreement, accrued interest (Note 5)	5,092		5,092		$ 6,015
SHUSA
Related Party Transaction [Line Items]
Line of credit agreement, interest expense (Note 5)	6,005	$ 1,313	8,869	$ 2,603
Line of credit agreement, accrued interest (Note 5)	$ 933		$ 933		$ 267

Related-Party Transactions - Ad

Related-Party Transactions - Additional Information (Details)	Jul. 02, 2015$ / sharesshares	Jun. 30, 2016USD ($)ft²	Jun. 30, 2015USD ($)$ / h	Jun. 30, 2016USD ($)ft²shares	Jun. 30, 2015USD ($)$ / h	Dec. 31, 2015USD ($)	Aug. 31, 2016$ / shares	Jan. 01, 2015	Jul. 16, 2014USD ($)	Jun. 30, 2014USD ($)
Class of Stock [Line Items]
Restricted cash		$ 2,712,841,000		$ 2,712,841,000		$ 2,236,329,000
Expiration period				10 years
Centerbridge
Class of Stock [Line Items]
Ownership percentage by noncontrolling owners (less than)		0.00%		0.00%				1.00%
Third Party Retailer
Class of Stock [Line Items]
Advances on receivables originated under the agreement			$ 250,687,000		$ 408,916,000
Proceeds from receivables originated under the agreement			249,583,000		526,943,000
Chairman and CEO | Modified Stock Option
Class of Stock [Line Items]
Expiration period				3 years
Compensation liability		$ 115,139,000		$ 115,139,000
Separation Agreement | Chairman and CEO
Class of Stock [Line Items]
Consulting agreement term, period				12 months
Santander
Class of Stock [Line Items]
Guarantee fee, basis spread						12.50%
Guarantee fee expense		1,589,000		$ 3,167,000
Guarantee fee payable		5,448,000		5,448,000		$ 2,282,000
Santander and Affiliates
Class of Stock [Line Items]
Outstanding notional amount		9,726,500,000		9,726,500,000		13,739,000,000
Collateral coverage on derivative liabilities		22,584,000		22,584,000		20,775,000
Derivative instrument interest expenses		4,016,000	14,986,000	14,166,000	32,228,000
SBNA
Class of Stock [Line Items]
Referral fee				$ 9,000,000
Referral fee, amortization period				10 years
Unamortized fee balance		6,300,000		$ 6,300,000		6,750,000
Referral fee income		225,000	225,000	450,000	450,000
Servicing fee income on receivables sold		2,450,000	1,854,000	3,999,000	3,311,000
Origination income			2,807,000		8,431,000
Credit loss indemnification of leases		16,003,000		16,003,000		34,516,000				$ 48,226,000
Indemnification expense		0	2,576,000	0	2,576,000
Indemnification liability		2,691,000		2,691,000		2,691,000
SBNA | Dealer Loan Portfolio
Class of Stock [Line Items]
Due from related parties		312,000		312,000		0
Relationship management fee income		0	1,448,000	419,000	3,071,000
Relationship management fees receivable		0		0		419,000
Servicing fee expense		18,000	84,000	52,000	170,000
Servicing fees payable		21,000		21,000		37,000
SBNA | Origination and Renewal Fee Income
Class of Stock [Line Items]
Revenue from related parties		1,283,000		113,000
SBNA | Loan Origination on Sales of Floorplan Inventory
Class of Stock [Line Items]
Due to related parties		2,307,000		2,307,000		2,737,000
SBNA | Serviced Auto Loan and Retail Installment
Class of Stock [Line Items]
Servicing fee income on receivables sold		$ 1,209,000	689,000	$ 3,317,000	2,633,000
SBNA | Sublease of Corporate Office Space
Class of Stock [Line Items]
Area of property (in square foot) | ft²		13,000		13,000
Sublease revenue		$ 41,000	41,000	$ 82,000	82,000
Produban Servicios Informaticos Generales S.L
Class of Stock [Line Items]
Expenses incurred		$ 24,000	21,000	$ 48,000	123,000
Cost Method Investment
Class of Stock [Line Items]
Originations of revolving personal loans			10,662,000		18,288,000
Chairman and CEO | Expenses Paid for Use of CEO Private Plane
Class of Stock [Line Items]
Related party, amount of transaction			$ 125,000		$ 308,000
Average hourly rate (in usd per hour) | $ / h			5,800		5,800
Chairman and CEO, President and CFO and Board Member
Class of Stock [Line Items]
Area of leased property (in square foot) | ft²		373,000		373,000
Lease expense		$ 1,246,000	$ 1,180,000	$ 2,471,000	$ 2,496,000
Lease term				12 years
Future minimum payment of lease		72,267,000		$ 72,267,000
SIS | Affiliates | Fees Paid for Co-Management of Certain Securitizations
Class of Stock [Line Items]
Expenses from transaction with related party		949,000	$ 200,000	1,049,000	$ 300,000
DDFS LLC | Affiliates | Shareholders Agreement
Class of Stock [Line Items]
Call transaction, average share price (usd per share) | $ / shares	$ 26.83
Number of consecutive trading days	10 days
DDFS LLC | Affiliates | Amended and Restated Loan Agreement | SHUSA
Class of Stock [Line Items]
Notes payable		290,000,000		$ 290,000,000		290,000,000
Committed amount									$ 300,000,000
Minimum pledged collateral to outstanding principal requirement (less than) (percentage)				1.5
Minimum pledged collateral to outstanding principal requirement default, repayment of outstanding principal (at least) (percentage)				2
DDFS LLC | Affiliates | Pledge Agreement | SHUSA
Class of Stock [Line Items]
Common stock pledged as collateral (in shares) | shares				29,598,506
DDFS LLC | Affiliates | Call Transaction | SHUSA
Class of Stock [Line Items]
Number of shares called by warrant (in shares) | shares	34,598,506
Proceeds payable upon consummation of call transaction		$ 928,278,000		$ 928,278,000
DDFS LLC | Affiliates | Call Transaction | LIBOR
Class of Stock [Line Items]
Call transaction, basis spread on variable rate		1.00%		1.00%
Secured Debt | SDART 2013-3 Trust | SIS | Affiliates
Class of Stock [Line Items]
Debt, principal						725,000
Notes payable		$ 0		$ 0		510,000
Secured Debt | CCART 2013-A Trust | SIS | Affiliates
Class of Stock [Line Items]
Debt, principal						2,000,000
Notes payable		17,000		17,000		743,000
Consumer Portfolio Segment | Unfunded Loan Commitment | Cost Method Investment
Class of Stock [Line Items]
Financing receivable, net		0		0		0
Demand Deposits | Banco Santander Puerto Rico | Subsidiaries
Class of Stock [Line Items]
Restricted cash		$ 3,054,000		$ 3,054,000		$ 4,920,000
Subsequent Event | DDFS LLC | Affiliates | Shareholders Agreement
Class of Stock [Line Items]
Call transaction, average share price (usd per share) | $ / shares							$ 26.17

Related-Party Transactions - 75

Related-Party Transactions - Information on Serviced Auto Loan and Retail Installment Contract Portfolio (Details) - Serviced Auto Loan and Retail Installment - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Related Party Transaction [Line Items]
Total serviced portfolio	$ 607,538	$ 692,291
Cash collections due to owner	22,712	19,302
Servicing fees receivable	$ 1,368	$ 1,476

Related-Party Transactions - 76

Related-Party Transactions - Information on Consumer Vehicle Lease Portfolio (Details) - SBNA - Consumer Vehicle Lease - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Related Party Transaction [Line Items]
Total serviced portfolio	$ 1,706,154	$ 2,198,519
Cash collections due to owner	122	132
Servicing fees receivable	782	784
Revenue share reimbursement receivable	$ 1,985	$ 1,370

Computation of Basic and Dilu77

Computation of Basic and Diluted Earnings per Common Share - Additional Information (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Earnings Per Share [Abstract]
Awards excluded from computation of earnings per share (in shares)	1,466,891	48,800	1,466,891	1,307,113

Computation of Basic and Dilu78

Computation of Basic and Diluted Earnings per Common Share - Summary of Computation of Basic and Diluted Earnings per Common Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Earnings per common share
Net income	$ 283,345	$ 364,715	$ 491,644	$ 607,160
Weighted average number of common shares outstanding before restricted participating shares	357,868,000	354,625,000	357,747,000	351,806,000
Weighted average number of participating restricted common shares outstanding	350,000	467,000	350,000	467,000
Weighted average number of common shares outstanding	358,218,378	355,091,818	358,096,634	352,272,552
Earnings per common share (in usd per share)	$ 0.79	$ 1.03	$ 1.37	$ 1.72
Earnings per common share - assuming dilution
Net income	$ 283,345	$ 364,715	$ 491,644	$ 607,160
Weighted average number of common shares outstanding	358,218,378	355,091,818	358,096,634	352,272,552
Effect of employee stock-based awards (in shares)	1,650,000	4,102,000	1,330,000	3,659,000
Weighted average number of common shares outstanding - assuming dilution	359,867,806	359,193,738	359,426,918	355,932,481
Earnings per common share - assuming dilution (in usd per share)	$ 0.79	$ 1.02	$ 1.37	$ 1.71

Fair Value of Financial Instr79

Fair Value of Financial Instruments - Summary of Fair Value Estimates, Methods and Assumptions (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015	Jun. 30, 2015	Dec. 31, 2014
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	$ 78,049	$ 18,893	$ 28,886	$ 33,157
Finance receivables held for sale, net	2,859,996	2,859,575
Finance receivables held for investment, net	23,477,426	23,367,788
Restricted cash	2,712,841	2,236,329
Notes payable — credit facilities	7,005,116	6,902,779
Notes payable — secured structured financings	22,493,245	20,872,900
Notes payable — related party	2,350,000	2,600,000
Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	78,049	18,893
Finance receivables held for sale, net	2,859,996	2,859,575
Finance receivables held for investment, net	23,477,426	23,367,788
Restricted cash	2,712,841	2,236,329
Notes payable — credit facilities	7,005,116	6,902,779
Notes payable — secured structured financings	22,493,245	20,872,900
Notes payable — related party	2,350,000	2,600,000
Estimated Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	78,049	18,893
Finance receivables held for sale, net	2,902,063	2,872,354
Finance receivables held for investment, net	25,200,286	24,943,560
Restricted cash	2,712,841	2,236,329
Notes payable — credit facilities	7,005,116	6,902,779
Notes payable — secured structured financings	22,639,426	20,917,733
Notes payable — related party	$ 2,350,000	$ 2,600,000

Fair Value of Financial Instr80

Fair Value of Financial Instruments - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Retail installment contracts acquired individually	$ 12,602	$ 6,770
Interest Rate Caps
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Other assets	4,661	20,227
Due from affiliates	1,886	12,724
Interest Rate Swaps
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Due from affiliates		1,176
Other liabilities	3,526
Due to affiliates	3,699	2,481
Interest Rate Swaps | Designated as Cash Flow Hedges
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Other assets		3,863
Due from affiliates	45	3,431
Other liabilities	64,109	3,093
Due to affiliates	18,364	2,496
Trading Options for Interest Rate Caps
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Other liabilities	4,664	20,253
Due to affiliates	1,886	12,724
Total Return Settlement
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Other liabilities	53,543	53,432
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Retail installment contracts acquired individually	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Interest Rate Caps
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Other assets	0	0
Due from affiliates	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Interest Rate Swaps
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Due from affiliates		0
Other liabilities	0
Due to affiliates	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Interest Rate Swaps | Designated as Cash Flow Hedges
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Other assets		0
Due from affiliates	0	0
Other liabilities	0	0
Due to affiliates	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Trading Options for Interest Rate Caps
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Other liabilities	0	0
Due to affiliates	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Total Return Settlement
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Other liabilities	0	0
Significant Other Observable Inputs (Level 2)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Retail installment contracts acquired individually	0	0
Significant Other Observable Inputs (Level 2) | Interest Rate Caps
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Other assets	4,661	20,227
Due from affiliates	1,886	12,724
Significant Other Observable Inputs (Level 2) | Interest Rate Swaps
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Due from affiliates		1,176
Other liabilities	3,526
Due to affiliates	3,699	2,481
Significant Other Observable Inputs (Level 2) | Interest Rate Swaps | Designated as Cash Flow Hedges
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Other assets		3,863
Due from affiliates	45	3,431
Other liabilities	64,109	3,093
Due to affiliates	18,364	2,496
Significant Other Observable Inputs (Level 2) | Trading Options for Interest Rate Caps
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Other liabilities	4,664	20,253
Due to affiliates	1,886	12,724
Significant Other Observable Inputs (Level 2) | Total Return Settlement
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Other liabilities	0	0
Significant Unobservable Inputs (Level 3)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Retail installment contracts acquired individually	12,602	6,770
Significant Unobservable Inputs (Level 3) | Interest Rate Caps
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Other assets	0	0
Due from affiliates	0	0
Significant Unobservable Inputs (Level 3) | Interest Rate Swaps
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Due from affiliates		0
Other liabilities	0
Due to affiliates	0	0
Significant Unobservable Inputs (Level 3) | Interest Rate Swaps | Designated as Cash Flow Hedges
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Other assets		0
Due from affiliates	0	0
Other liabilities	0	0
Due to affiliates	0	0
Significant Unobservable Inputs (Level 3) | Trading Options for Interest Rate Caps
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Other liabilities	0	0
Due to affiliates	0	0
Significant Unobservable Inputs (Level 3) | Total Return Settlement
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Other liabilities	$ 53,543	$ 53,432

Fair Value of Financial Instr81

Fair Value of Financial Instruments - Change in Level 3 Balances (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Mar. 31, 2016	Dec. 31, 2015
Retail Installment Contracts
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance — beginning of period	$ 12,602		$ 12,602		$ 4,139	$ 6,770
Net collection activities	(3,411)		(6,042)
Additions / issuances	11,874		11,874
Balance — end of period	12,602		12,602
Total Return Settlement | Derivative Financial Instruments, Liabilities
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance — beginning of period	53,793	$ 59,588	53,432	$ 48,893
Losses recognized in earnings	1,364	2,078	2,680	14,033
Settlements	(1,614)	(2,601)	(2,569)	(3,861)
Balance — end of period	$ 53,543	$ 59,065	$ 53,543	$ 59,065

Fair Value of Financial Instr82

Fair Value of Financial Instruments - Assets and Liabilities Measured at Fair Value on Nonrecurring Basis (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Vehicles
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets, fair value, nonrecurring	$ 232,293	$ 203,906
Vehicles | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets, fair value, nonrecurring	0	0
Vehicles | Significant Other Observable Inputs (Level 2)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets, fair value, nonrecurring	232,293	203,906
Vehicles | Significant Unobservable Inputs (Level 3)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets, fair value, nonrecurring	0	0
Personal Loans
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets, fair value, nonrecurring	970,712	1,954,414
Lower of cost or fair value adjustment	158,980	613,994
Personal Loans | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets, fair value, nonrecurring	0	0
Personal Loans | Significant Other Observable Inputs (Level 2)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets, fair value, nonrecurring	0	0
Personal Loans | Significant Unobservable Inputs (Level 3)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets, fair value, nonrecurring	$ 970,712	$ 1,954,414

Employee Benefit Plans - Additi

Employee Benefit Plans - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2013	Dec. 31, 2011
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Common stock, shares issued	358,391,712		358,391,712		358,014,870
Expiration period			10 years
MEP
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Common shares stock awards available for grant							29,000,000
Omnibus Incentive Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Common shares stock awards available for grant	583,890		583,890
Common stock, shares issued						5,192,640
Stock vesting period			5 years
Employee benefits and share-based compensation	$ 180	$ 611	$ 361	$ 1,216
Omnibus Incentive Plan | RSUs
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock vesting period			3 years
Award holding period			1 year
Omnibus Incentive Plan | Certain Officers | RSUs
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock vesting period			3 years
Separation Agreement | Chairman and CEO
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Period in which regulatory approvals are required			60 days

Employee Benefit Plans - Summar

Employee Benefit Plans - Summary of Stock Options and Related Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Shares
Options outstanding, Beginning balance (in shares)	5,675,327,000
Granted (in shares)	48,000,000
Exercised (in shares)	(279,468,000)
Expired (in shares)	(492,622,000)
Forfeited (in shares)	(258,329,000)
Options outstanding, Ending balance (in shares)	4,692,908,000	5,675,327,000
Options exercisable, Ending balance (in shares)	2,686,848,000
Weighted Average Exercise Price
Options outstanding, Beginning balance (in usd per share)	$ 12.30
Granted (in usd per share)	13.77
Exercised (in usd per share)	9.36
Expired (in usd per share)	10.46
Forfeited (in usd per share)	14.58
Options outstanding, Ending balance (in usd per share)	12.56	$ 12.30
Options exercisable, Weighted average exercise price, Ending balance (in usd per share)	$ 10.83
Weighted Average Remaining Contractual Term (Years)
Options outstanding, Weighted average remaining contractual term (Years)	5 years 10 months 24 days	6 years 6 months
Options exercisable, Weighted average remaining contractual term (Years)	5 years 7 months 6 days
Aggregate Intrinsic Value
Options outstanding, Aggregate intrinsic value	$ 0	$ 20,151
Exercised Aggregate intrinsic value	736
Options exercisable, Aggregate intrinsic value	$ 0

Shareholders' Equity - Treasury

Shareholders' Equity - Treasury Stock (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2013	Dec. 31, 2015
Equity [Abstract]
Number of shares withheld to cover income taxes related to vesting of RSUs	69,005		69,005
Treasury stock value	$ 1,250		$ 1,250
Number of shares repurchased prior to the IPO		3,154
Number of shares withheld for income tax	65,851

Shareholders' Equity - Summary

Shareholders' Equity - Summary of Changes in Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Increase (Decrease) in Accumulated Other Comprehensive Loss [Roll Forward]
Beginning balance			$ 4,432,549	$ 3,526,216
Ending balance	$ 4,876,712	$ 4,245,763	4,876,712	4,245,763
Unrealized Gains (Losses) on Cash Flow Hedges
Increase (Decrease) in Accumulated Other Comprehensive Loss [Roll Forward]
Beginning balance	(36,065)	(9,290)	2,125	3,553
Other comprehensive loss before reclassifications	(22,578)	(3,458)	(68,340)	(23,249)
Amounts reclassified out of accumulated other comprehensive income (loss)	7,877	7,022	15,449	13,970
Ending balance	$ (50,766)	$ (5,726)	$ (50,766)	$ (5,726)

Shareholders' Equity - Reclassi

Shareholders' Equity - Reclassification of Amounts Out of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income On Derivatives [Line Items]
Settlements of derivatives	$ 198,594	$ 150,622	$ 383,329	$ 299,478
Tax benefit	154,218	208,454	274,861	331,277
Net of tax	283,345	364,715	491,644	607,160
Reclassification out of Accumulated Other Comprehensive Income | Unrealized Gains (Losses) on Cash Flow Hedges
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income On Derivatives [Line Items]
Settlements of derivatives	12,561	11,266	24,643	22,337
Tax benefit	(4,684)	(4,244)	(9,194)	(8,367)
Net of tax	$ (7,877)	$ (7,022)	$ (15,449)	$ (13,970)

Investment Gains (Losses), Ne88

Investment Gains (Losses), Net - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2016
Investments, Debt and Equity Securities [Abstract]
Lower of cost or market adjustment, customer default activity	$ 97,169	$ 198,516
Lower of cost or market adjustment, change in unpaid principal balance	$ 2,402	$ 39,536

Investment Gains (Losses), Ne89

Investment Gains (Losses), Net - Schedule of Investment Gains (Losses), Net (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Gain (loss) on sale of loans and leases	$ 788	$ 89,721	$ 2,396	$ 111,314
Lower of cost or market adjustments	(94,767)	0	(158,980)	0
Other gains, losses and impairments, net	(7,330)	0	(13,781)	0
Gain (loss) on investments, net	$ (101,309)	$ 89,721	$ (170,365)	$ 111,314