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NOTES PAYABLE TO BANKS (Detail Textuals 3) - Amended revolving credit facility
$ in Millions
1 Months Ended
Jul. 26, 2018
USD ($)
Option 1  
Line of Credit Facility [Line Items]  
Borrowing capacity description (i) when RPC's trailing four quarter EBITDA (as calculated under the Credit Agreement) is equal to or greater than $50 million, a maximum consolidated leverage ratio of 2.50:1.00 and a minimum debt service coverage ratio of 2.00:1.00
Maximum consolidated leverage ratio 2.50:1.00
Minimum debt service coverage ratio 2.00:1.00
Option 2  
Line of Credit Facility [Line Items]  
Borrowing capacity description (ii) otherwise, a minimum tangible net worth covenant of no less than $600 million.
Minimum tangible net worth $ 600
Option 2A  
Line of Credit Facility [Line Items]  
Borrowing capacity description The Amendment additionally (1) extends the Credit Agreement maturity date from January 17, 2019 to July 26, 2023
Option 2B  
Line of Credit Facility [Line Items]  
Borrowing capacity description (2) eliminates any borrowing base limitations on revolving loans when RPC's trailing four quarter EBITDA (as calculated under the Credit Agreement) is equal to or greater than $50 million
Option 2C  
Line of Credit Facility [Line Items]  
Borrowing capacity description (3) reduces the commitment fees payable by RPC by 7.5 basis points at each pricing level
Reduction in commitment fees payable 7.50%
Option 2D  
Line of Credit Facility [Line Items]  
Borrowing capacity description (4) reduces the letter of credit sublimit from $50 million to $35 million. As of March 31, 2019, the Company was in compliance with these covenants.
Borrowing base of line of credit $ 35