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Debt Warehouse Facilities (Tables)
 12 Months Ended
Dec. 31, 2021
Warehouse Facilities [Abstract]  
Schedule of Line of Credit Facilities [Table Text Block]
Warehouse Facilities
December 31, 2021December 31, 2020
($ in millions)Outstanding BalanceMaximum CapacityOutstanding BalanceMaximum Capacity
Warehouse facilities:
BSBY plus 1.30%, expires September 19, 2022(1)
$516.9 700.0 144.4 400.0 
LIBOR plus 1.30%, expires September 16, 2022(2)
74.7 1,200.0 768.9 1,600.0 
LIBOR plus 1.30%, expires August 27, 2022(3)
192.8 300.0 195.9 900.0 
LIBOR plus 1.60%, expires July 30, 2022(4)
— 400.0 — — 
Fannie Mae ASAP(5) program, SOFR plus 1.25%(6)
12.5 n/a128.8 n/a
LIBOR plus 1.50%
— — 261.6 300.0 
Gross warehouse facilities796.9 2,600.0 1,499.6 3,200.0 
Debt issuance costs(1.2)n/a(1.2)n/a
Total warehouse facilities$795.7 2,600.0 1,498.4 3,200.0 
(1) In 2021, JLL extended the Warehouse facility with an increase to the maximum capacity; previously, the facility had a maturity date of September 20, 2021 and a maximum capacity of $400.0 million. JLL amended the interest rate to Bloomberg Short-Term Bank Yield Index rate ("BSBY") plus 1.30%; previously, the facility had an interest rate of LIBOR plus 1.40%.
(2) In 2021, JLL extended the Warehouse facility with a decrease to the interest rate; previously, the facility had a maturity date of September 18, 2021 and interest rate of LIBOR plus 1.40%. The temporary maximum capacity increase to $1,600.0 million in the fourth quarter of 2020 expired on January 31, 2021 and the temporary maximum increase to $2,000.0 million in the third quarter of 2021 expired on December 31, 2021; thereafter, the maximum capacity reverted to its original contractual amount.
(3) In 2021, JLL extended the Warehouse facility with a decrease to the interest rate and increase to the maximum capacity; previously, the facility had a maturity date of August 27, 2021 and interest rate of LIBOR plus 1.40%. The temporary maximum capacity of $900.0 million expired on January 6, 2021.
(4) In 2021, JLL added a new secured borrowing for $400.0 million under a master repurchase agreement that is scheduled to expire on July 30, 2022. Advances are made at 100% of the loan balance and borrowings are secured by the related warehouse receivables and bear interest at LIBOR plus 1.60%.
(5) As Soon As Pooled ("ASAP") funding program.
(6) JLL amended the Fannie Mae ASAP program interest rate to Secured Overnight Financing Rate ("SOFR") plus 1.25%; previously, the facility had an interest rate of LIBOR plus 1.15%.