XML 79 R61.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Note 6 - Credit Facilities and Long-term Debt (Details Textual) | 12 Months Ended |
--- | --- | ---
Dec. 31, 2015 USD ($) | Dec. 31, 2014 USD ($)
Used Vehicle Inventory Financing [Member] | Syndicated Credit Facility [Member] | Reallocation [Member] |  |  |
Line of Credit Facility, Maximum Borrowing Capacity | $ 250,000,000 |  |
Used Vehicle Inventory Financing [Member] | Syndicated Credit Facility [Member] |  |  |
Line of Credit Facility, Inventory Collateral, Days in Stock, Maximum | 180 days |  |
Line of Credit Facility, Maximum Borrowing Capacity | $ 200,000,000 |  |
Used Vehicle Inventory Financing [Member] | London Interbank Offered Rate (LIBOR) [Member] |  |  |
Debt Instrument, Basis Spread on Variable Rate | 1.50% |  |
Used Vehicle Inventory Financing [Member] |  |  |
Line of Credit Facility, Interest Rate During Period | 1.93% |  |
New Vehicle Floor Plan [Member] | Syndicated Credit Facility [Member] |  |  |
Line of Credit Facility, Maximum Borrowing Capacity | $ 1,450,000,000 |  |
New Vehicle Floor Plan [Member] | Disposal Group, Held-for-sale, Not Discontinued Operations [Member] |  |  |
Disposal Group, Including Discontinued Operation, Liabilities | $ 4,900,000 |  |
New Vehicle Floor Plan [Member] |  |  |
Reserve Commitment Percent | 95.00% |  |
Maximum Reserve Amount if Reserve is Required | $ 15,000,000 |  |
Debt Instrument, Basis Spread on Variable Rate | 1.25% |  |
Line of Credit Facility, Interest Rate During Period | 1.68% |  |
Revolving Credit Facility [Member] | Syndicated Credit Facility [Member] | Reallocation [Member] |  |  |
Line of Credit Facility, Maximum Borrowing Capacity | $ 300,000,000 |  |
Revolving Credit Facility [Member] | Syndicated Credit Facility [Member] |  |  |
Line of Credit Facility, Maximum Borrowing Capacity | $ 200,000,000 |  |
Revolving Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member] |  |  |
Debt Instrument, Basis Spread on Variable Rate | 1.25% |  |
Revolving Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member] |  |  |
Debt Instrument, Basis Spread on Variable Rate | 2.50% |  |
Revolving Credit Facility [Member] |  |  |
Line of Credit Facility, Interest Rate During Period | 2.18% |  |
Syndicated Credit Facility [Member] | Scenario Subject to Lender Approval [Member] |  |  |
Line of Credit Facility, Maximum Borrowing Capacity | $ 2,100,000,000 |  |
Syndicated Credit Facility [Member] |  |  |
Line of Credit Facility, Maximum Borrowing Capacity | $ 1,850,000,000 |  |
Number of Financial Institutions | 18 |  |
Number of Manufacturer Affiliated Finance Companies | 8 |  |
Floor Plan Notes Payable [Member] | Maximum [Member] |  |  |
Debt Instrument, Interest Rate, Stated Percentage | 3.00% |  |
Minimum [Member] | Mortgages [Member] |  |  |
Debt Instrument, Interest Rate, Stated Percentage | 1.80% |  |
Minimum [Member] | Other 1 [Member] |  |  |
Debt Instrument, Interest Rate, Stated Percentage | 2.20% |  |
Maximum [Member] | Mortgages [Member] |  |  |
Debt Instrument, Interest Rate, Stated Percentage | 5.00% |  |
Maximum [Member] | Other 1 [Member] |  |  |
Debt Instrument, Interest Rate, Stated Percentage | 6.50% |  |
Mortgages [Member] |  |  |
Percent of Total Mortgage Debt that is Fixed | 70.00% |  |
Other 1 [Member] |  |  |
Long-term Debt | $ 25,200,000 |  |
Principal Reduction Accounts Outstanding Amount | $ 0 |  |
Disposal Group, Including Discontinued Operation, Liabilities |  | $ 4,892,000 |
Number of Financial Institutions | 18 |  |
Number of Manufacturer Affiliated Finance Companies | 8 |  |
Principal Reduction Accounts Maximum Deposit Amount | $ 50,000,000 |  |
Floor Plan Notes Payable | 48,083,000 | $ 41,047,000 | [1]
Long-term Debt | $ 413,108,000 |  |
[1] | At December 31, 2014, we had an additional $4.9 million of floor plan notes payable outstanding on our new vehicle floor plan commitment recorded as liability related to assets held for sale.

X
- Definition The amount of notes payable attributable to the floor plan. + References No definition available. + Details
Name: | lad_FloorPlanNotesPayable
Namespace Prefix: | lad_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Represents the maximum age of inventory collateralized. + References No definition available. + Details
Name: | lad_LineOfCreditFacilityInventoryCollateralDaysInStockMaximum
Namespace Prefix: | lad_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Maximum amount on the revolving loan of credit availability that would be reserved and used to repay outstanding balances on the new vehicle floor plan commitment. + References No definition available. + Details
Name: | lad_MaximumReserveAmountIfReserveIsRequired
Namespace Prefix: | lad_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The number of financial institutions. + References No definition available. + Details
Name: | lad_NumberOfFinancialInstitutions
Namespace Prefix: | lad_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition The number of manufacturer affiliated finance companies. + References No definition available. + Details
Name: | lad_NumberOfManufacturerAffiliatedFinanceCompanies
Namespace Prefix: | lad_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition The fixed interest rate percentage on total mortgage debt. + References No definition available. + Details
Name: | lad_PercentOfTotalMortgageDebtThatIsFixed
Namespace Prefix: | lad_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The maximum deposit amount for principal reduction accounts. + References No definition available. + Details
Name: | lad_PrincipalReductionAccountsMaximumDepositAmount
Namespace Prefix: | lad_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The outstanding amount for principal reduction accounts. + References No definition available. + Details
Name: | lad_PrincipalReductionAccountsOutstandingAmount
Namespace Prefix: | lad_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The reserve commitment expressed as a percentage. + References No definition available. + Details
Name: | lad_ReserveCommitmentPercent
Namespace Prefix: | lad_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount classified as liabilities attributable to disposal group held for sale or disposed of. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=51719941&loc=d3e2941-110230 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=51716988&loc=d3e1107-107759 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=51716988&loc=SL51721533-107759 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721673-107760 + Details
Name: | us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The effective interest rate during the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityInterestRateDuringPeriod
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Carrying amount of long-term debt, net of unamortized discount or premium, including current and noncurrent amounts. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.16) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.16) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 20, 22 -Article 5 + Details
Name: | us-gaap_LongTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_CreditFacilityAxis=lad_UsedVehicleInventoryFinancingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lad_SyndicatedCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementScenarioAxis=lad_ReallocationMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_LondonInterbankOfferedRateLIBORMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=lad_NewVehicleFloorPlanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DisposalGroupClassificationAxis=us-gaap_DisposalGroupHeldforsaleNotDiscontinuedOperationsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_RevolvingCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RangeAxis=us-gaap_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RangeAxis=us-gaap_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementScenarioAxis=lad_ScenarioSubjectToLenderApprovalMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lad_FloorPlanNotesPayableMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_MortgagesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=lad_Other1Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |