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DEBT - Disclosures (Details)
3 Months Ended 6 Months Ended 12 Months Ended
Dec. 14, 2015
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
USD ($)
extension
Jun. 30, 2017
USD ($)
Jun. 30, 2018
USD ($)
extension
Jun. 30, 2017
USD ($)
Dec. 31, 2017
USD ($)
Dec. 21, 2017
Funding agreements                  
Line of credit facility, maximum borrowing capacity       $ 1,540,989,000   $ 1,540,989,000   $ 1,540,989,000  
Amount of debt discount on the initial draw down amount               2,600,000  
Maximum                  
Funding agreements                  
Extension period of maturity date           12 months      
Secured term loan                  
Funding agreements                  
Line of credit facility, maximum borrowing capacity       $ 110,000,000   $ 110,000,000   110,000,000  
Number of extension periods available for maturity date | extension       1   1      
Extension period of maturity date           12 months      
Aggregate principal amount       $ 110,000,000   $ 110,000,000      
Debt discount on initial draw down (as a percent)         7.40% 8.50% 7.60%    
Secured term loan | LIBOR                  
Funding agreements                  
Debt Instrument, Interest Rate, Increase (Decrease)       12.50%          
Interest rate margin (as a percent)           500.00%     600.00%
Secured term loan | LIBOR | Scenario, Forecast                  
Funding agreements                  
Debt Instrument, Interest Rate, Increase (Decrease)   75.00% 37.50%            
Secured term loan | Minimum | LIBOR                  
Funding agreements                  
Interest rate margin (as a percent)                 100.00%
Wells Fargo Facility                  
Funding agreements                  
Line of credit facility, maximum borrowing capacity       $ 500,000,000   $ 500,000,000   500,000,000  
Wells Fargo Facility | Secured revolving funding facility                  
Funding agreements                  
Line of credit facility, maximum borrowing capacity       $ 500,000,000   $ 500,000,000      
Number of extension periods available for maturity date | extension       2   2      
Extension period of maturity date           12 months      
Non-utilization fee on average available balance (as a percent)           0.25%      
Non-utilization threshold percentage (less than) (as a percent)       75.00%   75.00%      
Non-utilization/commitment fee       $ 6,000 $ 83,000   $ 92,000    
Wells Fargo Facility | Secured revolving funding facility | Minimum | 30 day LIBOR                  
Funding agreements                  
Interest rate margin (as a percent) 1.75%                
Wells Fargo Facility | Secured revolving funding facility | Maximum | 30 day LIBOR                  
Funding agreements                  
Interest rate margin (as a percent) 2.35%                
Wells Fargo Facility | Revolving master repurchase facility | 30 day LIBOR                  
Funding agreements                  
Non-utilization/commitment fee           $ 0      
Citibank Facility                  
Funding agreements                  
Line of credit facility, maximum borrowing capacity       250,000,000   250,000,000   250,000,000  
Citibank Facility | Secured revolving funding facility                  
Funding agreements                  
Line of credit facility, maximum borrowing capacity       $ 250,000,000   $ 250,000,000      
Number of extension periods available for maturity date | extension       3   3      
Extension period of maturity date           12 months      
Non-utilization fee on average available balance (as a percent)           0.25%      
Non-utilization/commitment fee       $ 28,000 79,000 $ 62,000 82,000    
Citibank Facility | Secured revolving funding facility | Minimum | 30 day LIBOR                  
Funding agreements                  
Interest rate margin (as a percent)           2.25%      
Citibank Facility | Secured revolving funding facility | Maximum | 30 day LIBOR                  
Funding agreements                  
Interest rate margin (as a percent)           2.50%      
BAML Facility                  
Funding agreements                  
Line of credit facility, maximum borrowing capacity       125,000,000   $ 125,000,000   125,000,000  
BAML Facility | Secured revolving funding facility                  
Funding agreements                  
Non-utilization fee on average available balance (as a percent)           0.125%      
BAML Facility | Secured funding facility                  
Funding agreements                  
Line of credit facility, maximum borrowing capacity       125,000,000   $ 125,000,000      
Non-utilization/commitment fee       6,000 17,000 $ 22,000 31,000    
Term of debt           2 years      
Facility used on average (at least) (as a percent)           50.00%      
BAML Facility | Secured funding facility | One-month LIBOR                  
Funding agreements                  
Interest rate margin (as a percent)           2.00%      
BAML Facility | Secured funding facility | Minimum | One-month LIBOR                  
Funding agreements                  
Interest rate margin (as a percent)           2.25%      
BAML Facility | Secured funding facility | Maximum | One-month LIBOR                  
Funding agreements                  
Interest rate margin (as a percent)           2.75%      
City National Bank Facility | March 2014 CNB Facility                  
Funding agreements                  
Line of credit facility, maximum borrowing capacity       50,000,000   $ 50,000,000   50,000,000  
Non-utilization fee on average available balance (as a percent)           0.375%      
Non-utilization/commitment fee       $ 29,000 76,000 $ 47,000 94,000    
City National Bank Facility | March 2014 CNB Facility | LIBOR for a one, two, three, six or 12-month                  
Funding agreements                  
Interest rate margin (as a percent)           3.00%      
City National Bank Facility | March 2014 CNB Facility | One-month LIBOR                  
Funding agreements                  
Interest rate margin (as a percent)           1.00%      
City National Bank Facility | March 2014 CNB Facility | Federal funds rate                  
Funding agreements                  
Interest rate margin (as a percent)           0.50%      
City National Bank Facility | March 2014 CNB Facility | Base rate                  
Funding agreements                  
Interest rate margin (as a percent)           1.25%      
City National Bank Facility | March 2014 CNB Facility | Minimum                  
Funding agreements                  
Interest rate (as a percent)       3.00%   3.00%      
Facility used on average (at least) (as a percent)           75.00%      
April 2014 UBS Facility                  
Funding agreements                  
Line of credit facility, maximum borrowing capacity       $ 140,000,000   $ 140,000,000   140,000,000  
April 2014 UBS Facility | Revolving master repurchase facility                  
Funding agreements                  
Line of credit facility, maximum borrowing capacity       140,000,000   $ 140,000,000      
April 2014 UBS Facility | Assets subject to an advance for one year or less | Revolving master repurchase facility | One-month LIBOR                  
Funding agreements                  
Interest rate margin (as a percent)           1.88%      
April 2014 UBS Facility | Assets subject to an advance in excess of one year but less than two years | Revolving master repurchase facility | One-month LIBOR                  
Funding agreements                  
Interest rate margin (as a percent)           2.08%      
April 2014 UBS Facility | Assets subject to an advance for greater than two years | Revolving master repurchase facility | One-month LIBOR                  
Funding agreements                  
Interest rate margin (as a percent)           2.28%      
U.S. Bank Facility                  
Funding agreements                  
Line of credit facility, maximum borrowing capacity       $ 185,989,000   $ 185,989,000   185,989,000  
U.S. Bank Facility | Revolving master repurchase facility                  
Funding agreements                  
Number of extension periods available for maturity date | extension       2   2      
Extension period of maturity date           12 months      
U.S. Bank Facility | Revolving master repurchase facility | 30 day LIBOR                  
Funding agreements                  
Line of credit facility, maximum borrowing capacity       $ 186,000,000   $ 186,000,000      
Interest rate margin (as a percent)           50.00%      
Non-utilization/commitment fee         $ 42,000 $ 0 83,000    
U.S. Bank Facility | Revolving master repurchase facility | One-month LIBOR                  
Funding agreements                  
Interest rate margin (as a percent)           2.25%      
MetLife Facility                  
Funding agreements                  
Line of credit facility, maximum borrowing capacity       $ 180,000,000   $ 180,000,000   $ 180,000,000  
MetLife Facility | Secured revolving funding facility                  
Funding agreements                  
Non-utilization threshold percentage (less than) (as a percent)       65.00%   65.00%      
Non-utilization/commitment fee       $ 1,000     $ 7,000    
MetLife Facility | Revolving master repurchase facility                  
Funding agreements                  
Line of credit facility, maximum borrowing capacity       $ 180,000,000   $ 180,000,000      
Number of extension periods available for maturity date | extension       2   2      
Extension period of maturity date           12 months      
MetLife Facility | Revolving master repurchase facility | 30 day LIBOR                  
Funding agreements                  
Interest rate margin (as a percent)           2.35% 2.30%    
Non-utilization fee on average available balance (as a percent)             0.25%