XML 43 R53.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Debt (Schedule of General Information of Financing Transaction) (Details) (USD $) | 0 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Jan. 22, 2014 | Jun. 30, 2014 | Jan. 22, 2014
Debt Instrument [Line Items] |  |  |  |
Line of credit maturity date |  | Sep. 10, 2017 |  |
Revolving Secured Line of Credit [Member] |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Wholly-owned Subsidiary |  | n/a |  |
Line of credit maturity date |  | Jun. 23, 2017 |  |
Financing Amount |  | $ 235,000,000 |  |
Revolving Secured Line of Credit [Member] | LIBOR [Member] |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Basis spread on variable rate |  | 1.875% |  |
Revolving Secured Line of Credit [Member] | Prime Rate [Member] |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Basis spread on variable rate |  | 0.875% |  |
Warehouse Facility II [Member] |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Wholly-owned Subsidiary |  | CAC Warehouse Funding Corp. II | [1] |
Debt maturity date |  | Dec. 27, 2015 | [1],[2] |
Debt facility financing amount |  | 325,000,000 | [1] |
Warehouse Facility II [Member] | LIBOR [Member] |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Basis spread on variable rate |  | 2.00% | [1],[3] |
Warehouse Facility III [Member] |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Wholly-owned Subsidiary |  | CAC Warehouse Funding III, LLC | [1] |
Debt maturity date |  | Sep. 10, 2015 | [1],[4] |
Debt facility financing amount |  | 75,000,000 | [1] |
Warehouse Facility III [Member] | LIBOR [Member] |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Basis spread on variable rate |  | 1.60% | [1],[3] |
Warehouse Facility IV [Member] |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Wholly-owned Subsidiary |  | CAC Warehouse Funding LLC IV | [1] |
Debt maturity date |  | Apr. 05, 2016 | [1],[2] |
Debt facility financing amount |  | 75,000,000 | [1] |
Warehouse Facility IV [Member] | LIBOR [Member] |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Basis spread on variable rate |  | 2.00% | [1],[3] |
Term ABS 2011-1 [Member] |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Wholly-owned Subsidiary |  | Credit Acceptance Funding LLC 2011-1 | [1] |
Debt maturity date |  | Sep. 16, 2013 | [1],[2] |
Debt facility financing amount |  | 200,500,000.0 | [1] |
Term ABS 2012-1 [Member] |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Wholly-owned Subsidiary |  | Credit Acceptance Funding LLC 2012-1 | [1] |
Debt maturity date |  | Mar. 17, 2014 | [1],[2] |
Debt facility financing amount |  | 201,300,000.0 | [1] |
Term ABS 2012-2 [Member] |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Wholly-owned Subsidiary |  | Credit Acceptance Funding LLC 2012-2 | [1] |
Debt maturity date |  | Sep. 15, 2014 | [1],[2] |
Debt facility financing amount |  | 252,000,000 | [1] |
Term ABS 2013-1 [Member] |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Wholly-owned Subsidiary |  | Credit Acceptance Funding LLC 2013-1 | [1] |
Debt maturity date |  | Apr. 15, 2015 | [1],[2] |
Debt facility financing amount |  | 140,300,000.0 | [1] |
Term ABS 2013-2 [Member] |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Wholly-owned Subsidiary |  | Credit Acceptance Funding LLC 2013-2 | [1] |
Debt maturity date |  | Oct. 15, 2015 | [1],[2] |
Debt facility financing amount |  | 197,800,000.0 | [1] |
Term ABS 2014-1 [Member] |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Wholly-owned Subsidiary |  | Credit Acceptance Funding LLC 2014-1 | [1] |
Debt maturity date |  | Apr. 15, 2016 | [1],[2] |
Debt facility financing amount |  | 299,000,000 | [1] |
2021 Senior Notes [Member] |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Wholly-owned Subsidiary |  | n/a |  |
Debt maturity date | Feb. 15, 2021 | Feb. 15, 2021 |  |
Debt facility financing amount |  | $ 300,000,000 |  | $ 300,000,000
[1] | Financing made available only to a specified subsidiary of the Company.
[2] | Represents the revolving maturity date. The outstanding balance will amortize after the maturity date based on the cash flows of the pledged assets.
[3] | Interest rate cap agreements are in place to limit the exposure to increasing interest rates.
[4] | Represents the revolving maturity date. The outstanding balance will amortize after the revolving maturity date and any amounts remaining on September 10, 2017 will be due.

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 Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6584090&loc=d3e28878-108400 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Identification of the contractual issuer of the debt instrument (for example, a subsidiary of the reporting entity). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 + Details
Name: | us-gaap_DebtInstrumentIssuer
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Date when the debt instrument is scheduled to be fully repaid, in CCYY-MM-DD format. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 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(a)(2)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentMaturityDate
Namespace Prefix: | us-gaap_
Data Type: | xbrli:dateItemType
Balance Type: | na
Period Type: | duration

X
- Definition Date the credit facility terminates, in CCYY-MM-DD format. + 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 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 + Details
Name: | us-gaap_LineOfCreditFacilityExpirationDate1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:dateItemType
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 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant