XML 33 R89.htm IDEA: XBRL DOCUMENT v2.4.1.9
Fair Value of Financial Instruments (Details 2) (USD $)
Dec. 31, 2014
Dec. 31, 2013
Debt    
Debt discount $ 18,293,000us-gaap_DebtInstrumentUnamortizedDiscount $ 20,788,000us-gaap_DebtInstrumentUnamortizedDiscount
Walter revolving credit facility 2011    
Debt    
Debt 0us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= wlt_WalterRevolvingCreditFacility2011Member
0us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= wlt_WalterRevolvingCreditFacility2011Member
Debt discount 1,542,000us-gaap_DebtInstrumentUnamortizedDiscount
/ us-gaap_DebtInstrumentAxis
= wlt_WalterRevolvingCreditFacility2011Member
 
2011 term loan A    
Debt    
Debt discount   5,514,000us-gaap_DebtInstrumentUnamortizedDiscount
/ us-gaap_DebtInstrumentAxis
= wlt_WalterTermLoanA2011Member
2011 term loan B    
Debt    
Debt discount 11,895,000us-gaap_DebtInstrumentUnamortizedDiscount
/ us-gaap_DebtInstrumentAxis
= wlt_WalterTermLoanB2011Member
9,597,000us-gaap_DebtInstrumentUnamortizedDiscount
/ us-gaap_DebtInstrumentAxis
= wlt_WalterTermLoanB2011Member
9.50% senior secured notes    
Debt    
Debt discount 2,651,000us-gaap_DebtInstrumentUnamortizedDiscount
/ us-gaap_DebtInstrumentAxis
= wlt_SeniorSecuredNotes9.50PercentMember
2,508,000us-gaap_DebtInstrumentUnamortizedDiscount
/ us-gaap_DebtInstrumentAxis
= wlt_SeniorSecuredNotes9.50PercentMember
9.875% senior notes    
Debt    
Debt discount 2,205,000us-gaap_DebtInstrumentUnamortizedDiscount
/ us-gaap_DebtInstrumentAxis
= wlt_SeniorNotes9.875PercentageMember
3,169,000us-gaap_DebtInstrumentUnamortizedDiscount
/ us-gaap_DebtInstrumentAxis
= wlt_SeniorNotes9.875PercentageMember
Carrying Amount | 2011 term loan A    
Debt    
Debt 0us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= wlt_WalterTermLoanA2011Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
401,052,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= wlt_WalterTermLoanA2011Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Carrying Amount | 2011 term loan B    
Debt    
Debt 966,283,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= wlt_WalterTermLoanB2011Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
968,581,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= wlt_WalterTermLoanB2011Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Carrying Amount | 9.50% senior secured notes    
Debt    
Debt 967,349,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= wlt_SeniorSecuredNotes9.50PercentMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
447,492,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= wlt_SeniorSecuredNotes9.50PercentMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Carrying Amount | 11.0%/12.0% senior secured PIK toggle notes    
Debt    
Debt 350,000,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= wlt_A11.012.0seniorsecuredPIKtogglenotesMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
0us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= wlt_A11.012.0seniorsecuredPIKtogglenotesMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Carrying Amount | 9.875% senior notes    
Debt    
Debt 385,795,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= wlt_SeniorNotes9.875PercentageMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
496,831,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= wlt_SeniorNotes9.875PercentageMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Carrying Amount | 8.50% senior notes    
Debt    
Debt 450,000,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= wlt_SeniorNotes8.50PercentageMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
450,000,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= wlt_SeniorNotes8.50PercentageMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Fair Value | 2011 term loan A    
Debt    
Debt 0us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= wlt_WalterTermLoanA2011Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
403,517,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= wlt_WalterTermLoanA2011Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Fair Value | 2011 term loan B    
Debt    
Debt 755,936,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= wlt_WalterTermLoanB2011Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
959,838,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= wlt_WalterTermLoanB2011Member
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Fair Value | 9.50% senior secured notes    
Debt    
Debt 759,025,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= wlt_SeniorSecuredNotes9.50PercentMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
474,750,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= wlt_SeniorSecuredNotes9.50PercentMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Fair Value | 11.0%/12.0% senior secured PIK toggle notes    
Debt    
Debt 113,750,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= wlt_A11.012.0seniorsecuredPIKtogglenotesMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
0us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= wlt_A11.012.0seniorsecuredPIKtogglenotesMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Fair Value | 9.875% senior notes    
Debt    
Debt 77,600,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= wlt_SeniorNotes9.875PercentageMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
431,250,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= wlt_SeniorNotes9.875PercentageMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Fair Value | 8.50% senior notes    
Debt    
Debt $ 85,500,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= wlt_SeniorNotes8.50PercentageMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
$ 374,625,000us-gaap_LongTermDebtFairValue
/ us-gaap_DebtInstrumentAxis
= wlt_SeniorNotes8.50PercentageMember
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember