Quarterly report pursuant to Section 13 or 15(d)

Nonrecourse Debt (Tables)

v2.4.0.8
Nonrecourse Debt (Tables)
 6 Months Ended
Jun. 30, 2013
Text Block [Abstract]  
Analysis of Nonrecourse Debt by Interest Rate

An analysis of nonrecourse debt by interest rate as of June 30, 2013 and December 31, 2012 is as follows:

 

June 30, 2013

    Balance      Maturity  

Fixed-rate promissory notes, interest rates from 2.06% to 5.00% per annum

    $ 90,294,273         2014 to 2032   

Fixed-rate promissory notes, interest rates from 5.01% to 6.50% per annum

      78,158,522         2013 to 2031   

Fixed-rate promissory notes, interest rates from 6.51% to 8.00% per annum

      25,683,372         2015 to 2031   
  

 

 

     

Total nonrecourse debt

    $ 194,136,167      
  

 

 

     

 

December 31, 2012

    Balance      Maturity  

Fixed-rate promissory notes, interest rates from 2.26% to 5.00% per annum

    $ 82,753,303         2014 to 2032   

Fixed-rate promissory notes, interest rates from 5.01% to 6.50% per annum

      85,300,600         2013 to 2031   

Fixed-rate promissory notes, interest rates from 6.51% to 8.00% per annum

      27,898,266         2013 to 2031   
  

 

 

     

Total nonrecourse debt

    $ 195,952,169