XML 31 R18.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Subsequent Event Subsequent Event (Notes) | 6 Months Ended
--- | ---
Jun. 30, 2017
Subsequent Events [Abstract] |
Subsequent Events [Text Block] | NOTE 12. Subsequent Event On July 18, 2017, the Company entered into an amendment to the Credit Facility (the “Second Amendment”), which, among other things, (a) extended the maturity date of the Credit Facility to July 18, 2021, (b) streamlined the interest rate to be adjusted daily based on one month LIBOR plus a margin of 250 basis points (the margin is subject to adjustment in subsequent quarterly periods based on the Company’s leverage ratio), (c) increased the maximum borrowing availability under the facility from $400 million to $475 million, and (d) added a $25 million accordion feature under which the maximum borrowing availability can be increased to up to $500 million, subject to obtaining additional commitments. The Credit Facility, as amended by the Second Amendment (the “Amended Credit Facility”), contains various representations, warranties and covenants that the Company considers customary for such facilities. Under the terms of the Amended Credit Facility, we are required, among other things, to maintain compliance with various financial covenants, including a minimum consolidated tangible net worth requirement, a maximum leverage ratio and minimum interest coverage requirement. The Second Amendment did not change these or the other financial covenants in the Credit Facility, except that the minimum consolidated tangible net worth requirement was reset to a minimum of $465.2 million (subject to increases over time based on earnings and proceeds from equity offerings after March 31, 2017).

X
- References No definition available. + Details
Name: | us-gaap_SubsequentEventsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 + Details
Name: | us-gaap_SubsequentEventsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration