XML 61 R40.htm IDEA: XBRL DOCUMENT v3.20.1
Long-Term Debt - Additional Information (Detail) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Line of Credit Facility [Line Items]          
Cash deposited to restricted cash reserve account $ 54,649,000 $ 54,164,000   $ 38,917,000 $ 46,484,000
Unrestricted cash 14,668,000 2,263,000   $ 2,331,000 $ 3,657,000
Unrestricted Cash [Member]          
Line of Credit Facility [Line Items]          
Unrestricted cash 14,700,000        
Revolving Warehouse Credit Facility [Member]          
Line of Credit Facility [Line Items]          
Secured line of credit $ 125,000,000        
Debt agreement expiration date Sep. 20, 2022        
Line of credit facility, accordion feature $ 150,000,000        
Percentage of advances on debt agreement eligible secured finance receivables 80.00%        
Cash deposited to restricted cash reserve account $ 1,000,000        
Debt maturity date 2022-04        
Debt revolving period end date 2021-04        
RMIT 2018-1 securitization [Member]          
Line of Credit Facility [Line Items]          
Cash deposited to restricted cash reserve account $ 1,700,000        
Debt maturity date 2027-07        
Terms related to loan prepayment Prior to maturity in July 2027, the Company may redeem the notes in full, but not in part, at its option on any note payment date on or after the payment date occurring in July 2020. No payments of principal of the notes will be made during the revolving period.        
Debt revolving period end date 2020-06        
Private offering of investment grade asset-backed notes $ 150,000,000        
Weighted average rate 3.93%        
RMIT 2018-2 securitization [Member]          
Line of Credit Facility [Line Items]          
Cash deposited to restricted cash reserve account $ 1,400,000        
Debt maturity date 2028-01        
Terms related to loan prepayment Prior to maturity in January 2028, the Company may redeem the notes in full, but not in part, at its option on any note payment date on or after the payment date occurring in January 2021. No payments of principal of the notes will be made during the revolving period.        
Debt revolving period end date 2020-12        
Private offering of investment grade asset-backed notes $ 130,000,000        
Weighted average rate 4.87%        
RMIT 2019-1 securitization [Member]          
Line of Credit Facility [Line Items]          
Cash deposited to restricted cash reserve account $ 1,400,000        
Debt maturity date 2028-11        
Terms related to loan prepayment Prior to maturity in November 2028, the Company may redeem the notes in full, but not in part, at its option on any note payment date on or after the payment date occurring in November 2021. No payments of principal of the notes will be made during the revolving period.        
Debt revolving period end date 2021-10        
Private offering of investment grade asset-backed notes $ 130,000,000        
Weighted average rate 3.17%        
Senior Revolving Credit Facility [Member]          
Line of Credit Facility [Line Items]          
Secured line of credit $ 640,000,000        
Debt agreement expiration date Jun. 20, 2020        
Line of credit facility, accordion feature $ 650,000,000        
Percentage of advances on debt agreement eligible secured finance receivables 85.00%        
Percentage of advances on debt agreement eligible unsecured finance receivables 80.00%        
Current percentage of advances on eligible secured finance receivables 77.00%        
Current percentage of advances on eligible unsecured finance receivables 72.00%        
Credit facility, eligible borrowing capacity $ 87,600,000        
Description of Variable Rate Basis Borrowings under the facility bear interest, payable monthly, at a blended rate equal to three-month LIBOR, plus a margin of 2.15% (2.20% prior to the October 2019 amendment). The three-month LIBOR was 1.45% and 1.91% at March 31, 2020 and December 31, 2019, respectively. RMR II pays an unused commitment fee between 0.35% and 0.85% based upon the average daily utilization of the facility.        
Percentage of advances on debt agreement eligible delinquent renewals of finance receivables 60.00%        
Commitment fee description The Company pays an unused line fee between 0.375% and 0.65% based upon the average outstanding balance of the facility.        
Current percentage of advances on eligible delinquent renewals of finance receivables 52.00%        
Senior Revolving Credit Facility [Member] | Senior Revolving Credit Facility Prior to September 20, 2019 [Member]          
Line of Credit Facility [Line Items]          
Secured line of credit $ 638,000,000        
Debt agreement expiration date Jun. 20, 2020        
Waterfall [Member]          
Line of Credit Facility [Line Items]          
Cash deposited to restricted cash reserve account $ 38,500,000 $ 39,400,000      
Minimum [Member] | Revolving Warehouse Credit Facility [Member]          
Line of Credit Facility [Line Items]          
Unused line fee 0.35%        
Minimum [Member] | Senior Revolving Credit Facility [Member]          
Line of Credit Facility [Line Items]          
Unused line fee 0.375%        
Maximum [Member] | Revolving Warehouse Credit Facility [Member]          
Line of Credit Facility [Line Items]          
Unused line fee 0.85%        
Maximum [Member] | Senior Revolving Credit Facility [Member]          
Line of Credit Facility [Line Items]          
Unused line fee 0.65%        
London Interbank Offered Rate (LIBOR) [Member]          
Line of Credit Facility [Line Items]          
Interest rate 0.99% 1.76%      
London Interbank Offered Rate (LIBOR) [Member] | Revolving Warehouse Credit Facility [Member]          
Line of Credit Facility [Line Items]          
Interest rate 1.45% 1.91%      
London Interbank Offered Rate (LIBOR) [Member] | Revolving Warehouse Credit Facility [Member] | Milestones Associated with Conversion to New Loan Origination and Servicing System [Member]          
Line of Credit Facility [Line Items]          
Interest rate, basis spread   2.15% 2.20%    
London Interbank Offered Rate (LIBOR) [Member] | Senior Revolving Credit Facility [Member]          
Line of Credit Facility [Line Items]          
Interest rate, basis spread 3.00%        
Interest rate 0.99% 1.76%      
London Interbank Offered Rate (LIBOR) [Member] | Senior Revolving Credit Facility [Member] | Availability Percentage Below 10% [Member]          
Line of Credit Facility [Line Items]          
Interest rate, basis spread 3.25%        
London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member] | Senior Revolving Credit Facility [Member]          
Line of Credit Facility [Line Items]          
Effective interest rate on line of credit 1.00%