Onemain Finance 10-K/A 17 Nov 14 2013 FY Annual report (amended) Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Dec. 31, 2013	Apr. 15, 2014
Document and Entity Information	'	'
Entity Registrant Name	'SPRINGLEAF FINANCE CORPORATION	'
Entity Central Index Key	'0000025598	'
Document Type	'10-K/A	'
Document Period End Date	31-Dec-13	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--12-31	'
Entity Well-known Seasoned Issuer	'No	'
Entity Voluntary Filers	'No	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Non-accelerated Filer	'
Entity Public Float	$0	'
Entity Common Stock, Shares Outstanding	'	10,160,019
Document Fiscal Year Focus	'2013	'
Document Fiscal Period Focus	'FY	'

Schedule_I_Condensed_Financial

Schedule I - Condensed Financial Information of Registrant	12 Months Ended
	Dec. 31, 2013
Schedule I - Condensed Financial Information of Registrant	'
Schedule I - Condensed Financial Information of Registrant	'
	Schedule I – Condensed Financial Information of Registrant
	SPRINGLEAF FINANCE CORPORATION
	Condensed Balance Sheets
	(dollars in thousands)
	December 31,		2013			2012
						Revised
	Assets
	Cash and cash equivalents		$	106,377		$	507,099
	Investment in subsidiaries		2,260,363			2,173,068
	Notes receivable from parent and affiliates		4,076,526			4,830,288
	Restricted cash		6,620			2,689
	Other assets		45,474			26,574
	Total assets		$	6,495,360		$	7,539,718
	Liabilities and Shareholder’s Equity
	Long-term debt, 5.10% - 8.25%, due 2014 - 2067		$	4,728,643		$	5,734,385
	Payable to affiliate		70,257			71,762
	Deferred and accrued taxes		300,379			423,884
	Other liabilities		67,940			67,105
	Total liabilities		5,167,219			6,297,136
	Shareholder’s equity		1,328,141			1,242,582
	Total liabilities and shareholder’s equity		$	6,495,360		$	7,539,718
	See Notes to Condensed Financial Statements.
	SPRINGLEAF FINANCE CORPORATION
	Condensed Statements of Operations and Comprehensive Loss
	(dollars in thousands)
	Years Ended December 31,		2013			2012			2011
						Revised			Revised
	Interest received from parent and affiliates		$	366,716		$	502,274		$	682,170
	Interest expense		568,223			778,620			1,015,066
	Net interest expense		(201,507		)	(276,346		)	(332,896		)
	Other revenues		-42,282			(21,769		)	24,223
	Other expenses		3,312			8,585			1,485
	Loss before benefit from income taxes and equity in undistributed (overdistributed) net income of subsidiaries		(247,101		)	(306,700		)	(310,158		)
	Benefit from income taxes		(66,612		)	(103,241		)	(97,340		)
	Equity in undistributed (overdistributed) net income of subsidiaries		97,849			(15,609		)	(31,755		)
	Net loss		(82,640		)	(219,068		)	(244,573		)
	Other comprehensive income (loss), net of tax		2,199			52,969			(24,379		)
	Comprehensive loss		$	(80,441	)	(166,099		)	(268,952		)
	See Notes to Condensed Financial Statements.
	SPRINGLEAF FINANCE CORPORATION
	Condensed Statements of Cash Flows
	(dollars in thousands)
	Years Ended December 31,		2013			2012			2011
						Revised			Revised
	Net cash provided by (used for) operating activities		$	114,928		$	278,088		$	(170,204	)
	Cash flows from investing activities
	Capital contributions to subsidiaries, net of return of capital		(14,771		)	6,917			(30,001		)
	Change in demand notes receivable from parent and affiliates		1,668,041			2,828,359			2,671,178
	Cash advances on master notes with parent and affiliates		(1,822,568		)	(459,747		)	(240,676		)
	Principal collections received on master notes with parent and affiliates		897,978			178,955			23,046
	Net cash provided by investing activities		728,680			2,554,484			2,423,547
	Cash flows from financing activities
	Proceeds from issuance of long-term debt, net of commissions		493,806			-			-
	Repayment of long-term debt		(1,757,901		)	(2,541,877		)	(2,986,398		)
	Proceeds from note payable to affiliate		-			1,407			60,000
	Repayment of note payable to affiliate		(1,235		)	(338		)	(44,254		)
	Capital contributions from parent		21,000			21,000			10,500
	Dividends		-			-			(45,000		)
	Net cash used for financing activities		(1,244,330		)	(2,519,808		)	(3,005,152		)
	Net change in cash and cash equivalents		(400,722		)	312,764			(751,809		)
	Cash and cash equivalents at beginning of period		507,099			194,335			946,144
	Cash and cash equivalents at end of period		$	106,377		$	507,099		$	194,335
	See Notes to Condensed Financial Statements.
SPRINGLEAF FINANCE CORPORATION
Notes to Condensed Financial Statements
1.  Accounting Policies
Springleaf Finance Corporation (“SFC”) records its investments in subsidiaries at cost plus the equity in undistributed (overdistributed) comprehensive income from subsidiaries since the date of incorporation or, if purchased, the date of the acquisition. The condensed financial statements of the registrant should be read in conjunction with SFC’s consolidated financial statements.
2.  Related Party Transactions
Notes Receivable from Parent and Affiliates
Notes receivable from parent and affiliates consisted of the following:
(dollars in thousands)
December 31,	2013			2012
Demand notes receivable from parent and affiliates	$	2,070,887		$	3,758,539
Master notes with parent and affiliates	2,005,639			1,071,749
Total	$	4,076,526		$	4,830,288
SFC provides funding to its parent, Springleaf Finance, Inc. (“SFI”) and to most of its finance subsidiaries for lending activities. SFC charges SFI and these subsidiaries for this funding based on SFC’s weighted average interest rate on its long-term debt plus a spread, as specified in the note agreements.
Payable to Affiliate
Payable to affiliate reflects cash transactions that were paid by an affiliate on behalf of SFC. No interest was charged for these transactions.
Dividends from Subsidiaries
SFC received cash dividends from subsidiaries of $172.0 million in 2013, $238.8 million in 2012, and $45.0 million in 2011.
3.  Long-term Debt
Principal maturities of long-term debt at December 31, 2013 were as follows:
(dollars in thousands)
2014	$	356,052
2015	797,254
2016	375,000
2017	2,379,337
2018	-
2019+	1,600,000
Total	$	5,507,643
Guarantee Agreements
On December 30, 2013, Springleaf Holdings, Inc (“SHI”), the indirect parent of SFC, entered into Guaranty Agreements whereby it agreed to fully and unconditionally guarantee the payment of principal of, premium (if any), and interest on approximately $5.2 billion aggregate principal amount of senior notes on a senior basis and $350.0 million aggregate principal amount of a junior subordinated debenture (collectively, the “notes”) on a junior subordinated basis issued by SFC. The notes consist of the following: 8.250% Senior Notes due 2023; 7.750% Senior Notes due 2021; 6.00% Senior Notes due 2020; a 60-year junior subordinated debenture; and all senior notes outstanding on December 30, 2013, issued pursuant to the Indenture dated as of May 1, 1999 (the “1999 Indenture”), between SFC and Wilmington Trust, National Association (the successor trustee to Citibank N.A.). As of December 30, 2013, approximately $3.9 billion aggregate principal amount of senior notes were outstanding under the 1999 Indenture. The 60-year junior subordinated debenture underlies the trust preferred securities sold by a trust sponsored by SFC. On December 30, 2013, SHI entered into a Trust Guaranty Agreement whereby it agreed to fully and unconditionally guarantee the related payment obligations under the trust preferred securities.
4.  Subsidiary Debt Guarantee
One SFC subsidiary is required to maintain a $1.0 million direct committed line of credit to comply with state regulations. SFC guarantees any borrowings under this line of credit. The subsidiary has not borrowed under this line of credit.
One SFC subsidiary is required to maintain a $100,000 direct committed line of credit to comply with state regulations. The subsidiary has not borrowed under this line of credit.
SFC guarantees the bank borrowings of CommoLoCo, Inc., SFC’s consumer financial services subsidiary that conducts business in Puerto Rico and the U.S. Virgin Islands. SFC would be required to repay this debt if CommoLoCo, Inc.’s cash flows from operations and new debt issuances become inadequate. At December 31, 2013 and 2012, CommoLoCo, Inc. had no bank borrowings outstanding.
5.  Prior Period Revisions
In preparing the annual consolidated financial statements of SFC and its subsidiaries for the year ended December 31, 2013, we identified certain out-of-period errors. In addition to these errors, we previously recorded and disclosed out-of-period adjustments in prior reporting periods when the errors were discovered. As a result, we revised all previously reported periods included in the consolidated financial statements of SFC and its subsidiaries. The effect of these revisions decreased net loss by $1.6 million in 2012 and increased net loss by $19.9 million in 2011. At September 30, 2013, the cumulative effect of these revisions decreased shareholder’s equity by $20.7 million, decreased total consolidated assets by $17.6 million, and increased total consolidated liabilities by $3.1 million. For further information on these revisions, please refer to Note 25 of the Notes to Consolidated Financial Statements in SFC’s Annual Report on Form 10-K for the year ended December 31, 2013.
The errors noted above also had an impact on SFC’s condensed financial statements which were issued for the years ended December 31, 2012 and 2011. In addition to the errors noted above, additional errors specific to the parent only condensed financial statements were also identified. These errors related to the failure to appropriately account for purchase accounting adjustments, classification errors and treatment of intercompany transactions between the parent and subsidiaries.
As a result, we have revised all previously reported periods included in this report. We have corrected the errors identified in the fourth quarter of 2013 and have included these corrections in the appropriate prior periods. Similarly, we have reversed all out-of period adjustments previously recorded and disclosed, and have included the adjustments in the appropriate periods. After evaluating the quantitative and qualitative aspects of these corrections, we have determined that our previous annual condensed financial statements were not materially misstated.
Revised Condensed Balance Sheet
The following table presents the amounts previously reported in our condensed balance sheet and the corresponding revised amounts.
	At December 31, 2012
(dollars in thousands)	As Reported			As Revised
Assets
Cash and cash equivalents	$	507,099		$	507,099
Investment in subsidiaries	2,413,015			2,173,068
Notes receivable from parent and affiliates	5,237,816			4,830,288
Restricted cash	-			2,689
Other assets	43,120			26,574
Total assets	$	8,201,050		$	7,539,718
Liabilities and Shareholder’s Equity
Long-term debt, 5.10% - 8.25%, due 2014 - 2067	$	5,710,729		$	5,734,385
Payable to parent and affiliate	465,262			71,762
Deferred and accrued taxes	694,761			423,884
Other liabilities	67,105			67,105
Total liabilities	6,937,857			6,297,136
Shareholder’s equity	1,263,193			1,242,582
Total liabilities and shareholder’s equity	$	8,201,050		$	7,539,718
Revised Condensed Statements of Operations and Comprehensive Loss
The following table presents the amounts previously reported in our condensed statements of operations and comprehensive loss and the corresponding revised amounts.
	Year Ended						Year Ended
	December 31, 2012						December 31, 2011
(dollars in thousands)	As Reported			As Revised			As Reported			As Revised
Interest received from parent and affiliates	$	502,106		$	502,274		$	682,026		$	682,170
Interest expense	481,509			778,620			584,874			1,015,066
Net interest income (expense)	20,597			(276,346		)	97,152			(332,896		)
Other revenues	264,483			(21,769		)	72,205			24,223
Other expenses	8,585			8,585			1,485			1,485
Income (loss) before provision for (benefit from) income taxes and equity in undistributed (overdistributed) net income of subsidiaries	276,495			(306,700		)	167,872			(310,158		)
Provision for (benefit from) income taxes	6,181			(103,241		)	36,005			(97,340		)
Equity in undistributed (overdistributed) net income of subsidiaries	(491,000		)	(15,609		)	(356,590		)	(31,755		)
Net loss	(220,686		)	(219,068		)	(224,723		)	(244,573		)
Other comprehensive income (loss), net of tax *	-			52,969			-			(24,379		)
Comprehensive loss *	$	(220,686	)	$	(166,099	)	$	(224,723	)	$	(268,952	)
*                 Other comprehensive income (loss), net of tax and comprehensive loss were incorrectly excluded from the condensed statements of operations and comprehensive loss for the years ended December 31, 2012 and 2011.
Revised Condensed Statements of Cash Flows
The following table presents the amounts previously reported in our condensed statements of cash flows and the corresponding revised amounts.
	Year Ended						Year Ended
	December 31, 2012						December 31, 2011
(dollars in thousands)	As Reported			As Revised			As Reported			As Revised
Net cash provided by (used for) operating activities	$	307,405		$	278,088		$	(166,156	)	$	(170,204	)
Cash flows from investing activities
Capital contributions to subsidiaries, net of return of capital	(118,996		)	6,917			(44,559		)	(30,001		)
Change in receivable from parent and affiliates	2,462,267			-			3,120,178			-
Change in demand notes receivable from parent and affiliates	(282,297		)	2,828,359			(192,885		)	2,671,178
Cash advances on master notes with parent and affiliates	-			(459,747		)	-			(240,676		)
Principal collections received on master notes with parent and affiliates	-			178,955			-			23,046
Net cash provided by investing activities	2,060,974			2,554,484			2,882,734			2,423,547
Cash flows from financing activities
Repayment of long-term debt	(2,541,877		)	(2,541,877		)	(3,034,580		)	(2,986,398		)
Change in short-term debt	465,262			-			(399,307		)	-
Proceeds from note payable to affiliate	-			1,407			-			60,000
Repayment of note payable to affiliate	-			(338		)	-			(44,254		)
Capital contributions from parent	21,000			21,000			10,500			10,500
Dividends	-			-			(45,000		)	(45,000		)
Net cash used for financing activities	(2,055,615		)	(2,519,808		)	(3,468,387		)	(3,005,152		)
Net change in cash and cash equivalents	312,764			312,764			(751,809		)	(751,809		)
Cash and cash equivalents at beginning of period	194,335			194,335			946,144			946,144
Cash and cash equivalents at end of period	$	507,099		$	507,099		$	194,335		$	194,335

Schedule_I_Condensed_Financial1

Schedule I - Condensed Financial Information of Registrant (Details) (SPRINGLEAF FINANCE CORPORATION, USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
In Thousands, unless otherwise specified
Assets	'	'	'	'
Cash and cash equivalents	$106,377	$507,099	$194,335	$946,144
Investment in subsidiaries	2,260,363	2,173,068	'	'
Notes receivable from parent and affiliates	4,076,526	4,830,288	'	'
Restricted cash	6,620	2,689	'	'
Other assets	45,474	26,574	'	'
Total assets	6,495,360	7,539,718	'	'
Liabilities and Shareholder's Equity	'	'	'	'
Long-term debt, 5.10% - 8.25%, due 2014 -2067	4,728,643	5,734,385	'	'
Payable to affiliate	70,257	71,762	'	'
Deferred and accrued taxes	300,379	423,884	'	'
Other liabilities	67,940	67,105	'	'
Total liabilities	5,167,219	6,297,136	'	'
Shareholder's equity	1,328,141	1,242,582	'	'
Total liabilities and shareholder's equity	$6,495,360	$7,539,718	'	'
Minimum	'	'	'	'
Liabilities and Shareholder's Equity	'	'	'	'
Interest rates (as a percent)	'	5.10%	'	'
Maximum	'	'	'	'
Liabilities and Shareholder's Equity	'	'	'	'
Interest rates (as a percent)	'	8.25%	'	'

Schedule_I_Condensed_Financial2

Schedule I - Condensed Financial Information of Registrant (Details 2) (SPRINGLEAF FINANCE CORPORATION, USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
SPRINGLEAF FINANCE CORPORATION	'	'	'
Condensed Statements of Operations and Comprehensive Loss	'	'	'
Interest received from parent and affiliates	$366,716,000	$502,274,000	$682,170,000
Interest expense	568,223,000	778,620,000	1,015,066,000
Net interest income (expense)	-201,507,000	-276,346,000	-332,896,000
Other revenues	-42,282,000	-21,769,000	24,223,000
Other expenses	3,312,000	8,585,000	1,485,000
Income (loss) before provision for (benefit from) income taxes and equity in undistributed (overdistributed) net income of subsidiaries	-247,101,000	-306,700,000	-310,158,000
Benefit from income taxes	-66,612,000	-103,241,000	-97,340,000
Equity in underdistributed (overdistributed) net income of subsidiaries	97,849,000	-15,609,000	-31,755,000
Net loss	-82,640,000	-219,068,000	-244,573,000
Other comprehensive income (loss), net of tax	2,199,000	52,969,000	-24,379,000
Comprehensive loss	($80,441,000)	($166,099,000)	($268,952,000)

Schedule_I_Condensed_Financial3

Schedule I - Condensed Financial Information of Registrant (Details 3) (SPRINGLEAF FINANCE CORPORATION, USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
SPRINGLEAF FINANCE CORPORATION	'	'	'
Condensed Statements of Cash Flows	'	'	'
Net cash provided by (used for) operating activities	$114,928	$278,088	($170,204)
Cash flows from investing activities	'	'	'
Capital contributions to subsidiaries, net of return of capital	-14,771	6,917	-30,001
Change in demand notes receivable from parent and affiliates	1,668,041	2,828,359	2,671,178
Cash advances on master notes with parent and affiliates	-1,822,568	-459,747	-240,676
Principal collections received on master notes with parent and affiliates	897,978	178,955	23,046
Net cash provided by investing activities	728,680	2,554,484	2,423,547
Cash flows from financing activities	'	'	'
Proceeds from issuance of long-term debt, net of commissions	493,806	'	'
Repayment of long-term debt	-1,757,901	-2,541,877	-2,986,398
Proceeds from note payable to affiliate	'	1,407	60,000
Repayment of note payable to affiliate	-1,235	-338	-44,254
Capital contributions from parent	21,000	21,000	10,500
Dividends	'	'	-45,000
Net cash used for financing activities	-1,244,330	-2,519,808	-3,005,152
Net change in cash and cash equivalents	-400,722	312,764	-751,809
Cash and cash equivalents at beginning of period	507,099	194,335	946,144
Cash and cash equivalents at end of period	$106,377	$507,099	$194,335

Schedule_I_Condensed_Financial4

Schedule I - Condensed Financial Information of Registrant (Details 4) (SPRINGLEAF FINANCE CORPORATION, USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Related Party Transactions	'	'	'
Notes receivable from parent and affiliates	$4,076,526,000	$4,830,288,000	'
Interest expense on payable to affiliate	0	0	'
Cash dividends from subsidiaries	172,000,000	238,800,000	45,000,000
Demand notes receivable	'	'	'
Related Party Transactions	'	'	'
Notes receivable from parent and affiliates	2,070,887,000	3,758,539,000	'
Master notes	'	'	'
Related Party Transactions	'	'	'
Notes receivable from parent and affiliates	$2,005,639,000	$1,071,749,000	'

Schedule_I_Condensed_Financial5

Schedule I - Condensed Financial Information of Registrant (Details 5) (USD $)	Dec. 31, 2013	Dec. 30, 2013	Dec. 30, 2013	Dec. 30, 2013	Dec. 30, 2013	Dec. 30, 2013	Dec. 30, 2013
	SPRINGLEAF FINANCE CORPORATION	SHI	SHI	SHI	SHI	SHI	SHI
		Guaranty Agreements	Guaranty Agreements	Guaranty Agreements	Guaranty Agreements	Guaranty Agreements	Guaranty Agreements
		Senior note	8.250% Senior Notes due 2023	7.750% Senior Notes due 2021	6.00% Senior Notes due 2020	Senior Notes 1999 Indenture	Junior Subordinated Debenture
Principal maturities of long-term debt	'	'	'	'	'	'	'
2014	$356,052,000	'	'	'	'	'	'
2015	797,254,000	'	'	'	'	'	'
2016	375,000,000	'	'	'	'	'	'
2017	2,379,337,000	'	'	'	'	'	'
2019+	1,600,000,000	'	'	'	'	'	'
Total	5,507,643,000	'	'	'	'	'	'
Guarantee agreements	'	'	'	'	'	'	'
Face amount of each issuance of debt	'	$5,200,000,000	'	'	'	$3,900,000,000	$350,000,000
Interest rates (as a percent)	'	'	8.25%	7.75%	6.00%	'	'
Term of debt	'	'	'	'	'	'	'60 years

Schedule_I_Condensed_Financial6

Schedule I - Condensed Financial Information of Registrant (Details 6) (SPRINGLEAF FINANCE CORPORATION, USD $)	Dec. 31, 2013	Dec. 31, 2012
Subsidiary debt guarantee	'	'
Minimum committed line of credit amount for subsidiary one	$1,000,000	'
Minimum committed line of credit amount for subsidiary two	100,000	'
Guaranty Agreements | CommoLoCo, Inc.	'	'
Subsidiary debt guarantee	'	'
Bank borrowings outstanding	$0	$0

Schedule_I_Condensed_Financial7

Schedule I - Condensed Financial Information of Registrant (Details 7) (SPRINGLEAF FINANCE CORPORATION, USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2012	Dec. 31, 2011	Sep. 30, 2013
				Adjustments	Adjustments	Adjustments
Net loss	($82,640,000)	($219,068,000)	($244,573,000)	$1,600,000	($19,900,000)	'
Shareholder's equity	1,328,141,000	1,242,582,000	'	'	'	-20,700,000
Total assets	6,495,360,000	7,539,718,000	'	'	'	-17,600,000
Total liabilities	$5,167,219,000	$6,297,136,000	'	'	'	$3,100,000

Schedule_I_Condensed_Financial8

Schedule I - Condensed Financial Information of Registrant (Details 8) (SPRINGLEAF FINANCE CORPORATION, USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
In Thousands, unless otherwise specified
Assets	'	'	'	'
Cash and cash equivalents	$106,377	$507,099	$194,335	$946,144
Investment in subsidiaries	2,260,363	2,173,068	'	'
Notes receivable from parent and affiliates	4,076,526	4,830,288	'	'
Restricted cash	6,620	2,689	'	'
Other assets	45,474	26,574	'	'
Total assets	6,495,360	7,539,718	'	'
Liabilities and Shareholder's Equity	'	'	'	'
Long-term debt, 5.10% - 8.25%, due 2014 -2067	4,728,643	5,734,385	'	'
Payable to parent and affiliate	70,257	71,762	'	'
Deferred and accrued taxes	300,379	423,884	'	'
Other liabilities	67,940	67,105	'	'
Total liabilities	5,167,219	6,297,136	'	'
Shareholder's equity	1,328,141	1,242,582	'	'
Total liabilities and shareholder's equity	6,495,360	7,539,718	'	'
Minimum	'	'	'	'
Liabilities and Shareholder's Equity	'	'	'	'
Interest rates (as a percent)	'	5.10%	'	'
Maximum	'	'	'	'
Liabilities and Shareholder's Equity	'	'	'	'
Interest rates (as a percent)	'	8.25%	'	'
As Reported	'	'	'	'
Assets	'	'	'	'
Cash and cash equivalents	'	507,099	194,335	946,144
Investment in subsidiaries	'	2,413,015	'	'
Notes receivable from parent and affiliates	'	5,237,816	'	'
Other assets	'	43,120	'	'
Total assets	'	8,201,050	'	'
Liabilities and Shareholder's Equity	'	'	'	'
Long-term debt, 5.10% - 8.25%, due 2014 -2067	'	5,710,729	'	'
Payable to parent and affiliate	'	465,262	'	'
Deferred and accrued taxes	'	694,761	'	'
Other liabilities	'	67,105	'	'
Total liabilities	'	6,937,857	'	'
Shareholder's equity	'	1,263,193	'	'
Total liabilities and shareholder's equity	'	$8,201,050	'	'

Schedule_I_Condensed_Financial9

Schedule I - Condensed Financial Information of Registrant (Details 9) (SPRINGLEAF FINANCE CORPORATION, USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Interest received from parent and affiliates	$366,716,000	$502,274,000	$682,170,000
Interest expense	568,223,000	778,620,000	1,015,066,000
Net interest income (expense)	-201,507,000	-276,346,000	-332,896,000
Other revenues	-42,282,000	-21,769,000	24,223,000
Other expenses	3,312,000	8,585,000	1,485,000
Income (loss) before provision for (benefit from) income taxes and equity in undistributed (overdistributed) net income of subsidiaries	-247,101,000	-306,700,000	-310,158,000
Provision for (benefit from) income taxes	-66,612,000	-103,241,000	-97,340,000
Equity in underdistributed (overdistributed) net income of subsidiaries	97,849,000	-15,609,000	-31,755,000
Net loss	-82,640,000	-219,068,000	-244,573,000
Other comprehensive income (loss), net of tax	2,199,000	52,969,000	-24,379,000
Comprehensive loss	-80,441,000	-166,099,000	-268,952,000
As Reported	'	'	'
Interest received from parent and affiliates	'	502,106,000	682,026,000
Interest expense	'	481,509,000	584,874,000
Net interest income (expense)	'	20,597,000	97,152,000
Other revenues	'	264,483,000	72,205,000
Other expenses	'	8,585,000	1,485,000
Income (loss) before provision for (benefit from) income taxes and equity in undistributed (overdistributed) net income of subsidiaries	'	276,495,000	167,872,000
Provision for (benefit from) income taxes	'	6,181,000	36,005,000
Equity in underdistributed (overdistributed) net income of subsidiaries	'	-491,000,000	-356,590,000
Net loss	'	-220,686,000	-224,723,000
Comprehensive loss	'	($220,686,000)	($224,723,000)

Recovered_Sheet1

Schedule I - Condensed Financial Information of Registrant (Details 10) (SPRINGLEAF FINANCE CORPORATION, USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Net cash provided by (used for) operating activities	$114,928	$278,088	($170,204)
Cash flows from investing activities	'	'	'
Capital contributions to subsidiaries, net of return of capital	-14,771	6,917	-30,001
Change in demand notes receivable from parent and affiliates	1,668,041	2,828,359	2,671,178
Cash advances on master notes with parent and affiliates	-1,822,568	-459,747	-240,676
Principal collections received on master notes with parent and affiliates	897,978	178,955	23,046
Net cash provided by investing activities	728,680	2,554,484	2,423,547
Cash flows from financing activities	'	'	'
Repayment of long-term debt	-1,757,901	-2,541,877	-2,986,398
Proceeds from note payable to affiliate	'	1,407	60,000
Repayment of note payable to affiliate	-1,235	-338	-44,254
Capital contributions from parent	21,000	21,000	10,500
Dividends	'	'	-45,000
Net cash used for financing activities	-1,244,330	-2,519,808	-3,005,152
Net change in cash and cash equivalents	-400,722	312,764	-751,809
Cash and cash equivalents at beginning of period	507,099	194,335	946,144
Cash and cash equivalents at end of period	106,377	507,099	194,335
As Reported	'	'	'
Net cash provided by (used for) operating activities	'	307,405	-166,156
Cash flows from investing activities	'	'	'
Capital contributions to subsidiaries, net of return of capital	'	-118,996	-44,559
Change in receivable from parent and affiliates	'	2,462,267	3,120,178
Change in demand notes receivable from parent and affiliates	'	-282,297	-192,885
Net cash provided by investing activities	'	2,060,974	2,882,734
Cash flows from financing activities	'	'	'
Repayment of long-term debt	'	-2,541,877	-3,034,580
Change in short-term debt	'	465,262	-399,307
Capital contributions from parent	'	21,000	10,500
Dividends	'	'	-45,000
Net cash used for financing activities	'	-2,055,615	-3,468,387
Net change in cash and cash equivalents	'	312,764	-751,809
Cash and cash equivalents at beginning of period	'	194,335	946,144
Cash and cash equivalents at end of period	'	$507,099	$194,335