XML 42 R31.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Senior Debt (Details) $ in Thousands | 3 Months Ended | 9 Months Ended | 12 Months Ended |
--- | --- | --- | --- | ---
Sep. 30, 2018 USD ($) | Sep. 30, 2017 USD ($) | Jun. 30, 2017 USD ($) | Sep. 30, 2018 USD ($) | Sep. 30, 2017 USD ($) | Sep. 30, 2018 USD ($) | Dec. 31, 2017 USD ($)
Senior Debt (Table Details) [Abstract] |  |  |  |  |  |  |
Unamortized Debt Issuance Expense | $ 2,100 |  |  | $ 2,100 |  | $ 2,100 | $ 5,200
Letters of credit, amount outstanding | 92,200 |  |  | 92,200 |  | 92,200 |
Line of credit commitment fee |  |  |  | $ 1,100 |  |  |
Line of credit commitment fee percentage |  |  |  | 0.50% |  |  |
Senior credit facilities, additional amount allowed | 100,000 |  |  | $ 100,000 |  | $ 100,000 |
Debt refinancing charges | $ 0 | $ 0 | $ 1,900 | $ 0 | $ 1,936 |  |
Debt arrangement and amendment fees |  |  | $ 5,300 |  |  |  |
Financial Covenants Ratios (Table Details) [Abstract] |  |  |  |  |  |  |
Required consolidated fixed charge coverage ratio, minimum | 1.10 |  |  | 1.10 |  | 1.10 |
Actual consolidated fixed charge coverage ratio | 2.03 |  |  | 2.03 |  | 2.03 |
Covenants [Abstract] |  |  |  |  |  |  |
Adjusted consolidated EBITDA |  |  |  |  |  | $ 92,500 |
Consolidated fixed charges |  |  |  |  |  | $ 45,500 |
Event of default-3rd party ownership % of our voting stock | 35.00% |  |  | 35.00% |  | 35.00% |
Event of default-not satisfied or bonded judgment in excess of | $ 50,000 |  |  | $ 50,000 |  | $ 50,000 |
Maximum period allowed for pending judgment to satisfy or bond (in days) | 30 |  |  | 30 |  | 30 |
Minimum [Member] |  |  |  |  |  |  |
Senior Debt (Table Details) [Abstract] |  |  |  |  |  |  |
Line of credit commitment fee percentage |  |  |  | 0.30% |  |  |
Maximum [Member] |  |  |  |  |  |  |
Senior Debt (Table Details) [Abstract] |  |  |  |  |  |  |
Line of credit commitment fee percentage |  |  |  | 0.50% |  |  |
Eurodollar [Member] |  |  |  |  |  |  |
Senior Debt (Table Details) [Abstract] |  |  |  |  |  |  |
Description of variable rate basis |  |  |  | Eurodollar rate |  |  |
Prime Rate [Member] |  |  |  |  |  |  |
Senior Debt (Table Details) [Abstract] |  |  |  |  |  |  |
Description of variable rate basis |  |  |  | prime |  |  |
Term Loan [Member] |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Senior Debt, Maximum Borrowing Capacity | $ 225,000 |  |  | $ 225,000 |  | $ 225,000 |
Senior Debt (Table Details) [Abstract] |  |  |  |  |  |  |
Term loan, amount outstanding | 0 |  |  | 0 |  | 0 | 48,600
Revolving Credit Facility [Member] |  |  |  |  |  |  |
Senior Debt (Table Details) [Abstract] |  |  |  |  |  |  |
Senior credit facility, maximum amount | 350,000 |  |  | 350,000 |  | 350,000 |
Revolving facility, amount outstanding | 0 |  |  | $ 0 |  | 0 | 85,000
Maturity date |  |  |  | Mar. 19, 2019 |  |  |
Covenants [Abstract] |  |  |  |  |  |  |
Line of Credit Facility, Remaining Borrowing Capacity | $ 247,300 |  |  | $ 247,300 |  | $ 247,300 |
Revolving Credit Facility [Member] | Eurodollar [Member] |  |  |  |  |  |  |
Senior Debt (Table Details) [Abstract] |  |  |  |  |  |  |
Margin on Eurodollar rate, actual | 2.75% |  |  | 2.75% |  | 2.75% |
Revolving Credit Facility [Member] | Eurodollar [Member] | Minimum [Member] |  |  |  |  |  |  |
Senior Debt (Table Details) [Abstract] |  |  |  |  |  |  |
Basis margin on variable rate |  |  |  | 1.50% |  |  |
Revolving Credit Facility [Member] | Eurodollar [Member] | Maximum [Member] |  |  |  |  |  |  |
Senior Debt (Table Details) [Abstract] |  |  |  |  |  |  |
Basis margin on variable rate |  |  |  | 3.00% |  |  |
Revolving Credit Facility [Member] | Prime Rate [Member] |  |  |  |  |  |  |
Senior Debt (Table Details) [Abstract] |  |  |  |  |  |  |
Margin on Prime Rate, actual | 1.75% |  |  | 1.75% |  | 1.75% |
Revolving Credit Facility [Member] | Prime Rate [Member] | Minimum [Member] |  |  |  |  |  |  |
Senior Debt (Table Details) [Abstract] |  |  |  |  |  |  |
Basis margin on variable rate |  |  |  | 0.50% |  |  |
Revolving Credit Facility [Member] | Prime Rate [Member] | Maximum [Member] |  |  |  |  |  |  |
Senior Debt (Table Details) [Abstract] |  |  |  |  |  |  |
Basis margin on variable rate |  |  |  | 2.00% |  |  |
Line of Credit [Member] |  |  |  |  |  |  |
Covenants [Abstract] |  |  |  |  |  |  |
Unsecured line of credit, maximum facility | $ 12,500 |  |  | $ 12,500 |  | $ 12,500 |
Unsecured line of credit, amount outstanding | $ 0 |  |  | $ 0 |  | $ 0 | $ 5,700

X
- Definition Actual minimum consolidated fixed charge coverage ratio. + References No definition available. + Details
Name: | rcii_ActualMinimumConsolidatedFixedChargeCoverageRatio
Namespace Prefix: | rcii_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | instant

X
- Definition Adjusted Consolidated Ebitda + References No definition available. + Details
Name: | rcii_AdjustedConsolidatedEbitda
Namespace Prefix: | rcii_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Consolidated fixed charges. + References No definition available. + Details
Name: | rcii_ConsolidatedFixedCharges
Namespace Prefix: | rcii_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition -- None. No documentation exists for this element. -- + References No definition available. + Details
Name: | rcii_CovenantsAbstract
Namespace Prefix: | rcii_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Event of default - Allowed period for judgment. + References No definition available. + Details
Name: | rcii_EventOfDefaultAllowedPeriodForJudgment
Namespace Prefix: | rcii_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Event of default - Judgment. + References No definition available. + Details
Name: | rcii_EventOfDefaultJudgment
Namespace Prefix: | rcii_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Finance charges from refinancing. + References No definition available. + Details
Name: | rcii_FinanceChargesFromRefinancing
Namespace Prefix: | rcii_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition -- None. No documentation exists for this element. -- + References No definition available. + Details
Name: | rcii_FinancialCovenantsRatiosTableDetailsAbstract
Namespace Prefix: | rcii_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Margin on Eurodollar rate. + References No definition available. + Details
Name: | rcii_MarginOnEurodollarRate
Namespace Prefix: | rcii_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Margin on Prime Rate + References No definition available. + Details
Name: | rcii_MarginonPrimeRate
Namespace Prefix: | rcii_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Our voting stock third party ownership percentage. + References No definition available. + Details
Name: | rcii_OurVotingStockThirdPartyOwnershipPercentage
Namespace Prefix: | rcii_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Required minimum consolidated fixed charge coverage ratio. + References No definition available. + Details
Name: | rcii_RequiredMinimumConsolidatedFixedChargeCoverageRatio
Namespace Prefix: | rcii_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | instant

X
- Definition Senior Credit Facilities, Additional Amount Allowed + References No definition available. + Details
Name: | rcii_SeniorCreditFacilitiesAdditionalAmountAllowed
Namespace Prefix: | rcii_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Senior credit facility maximum amount. + References No definition available. + Details
Name: | rcii_SeniorCreditFacilityMaximumAmount
Namespace Prefix: | rcii_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Senior Debt, Maximum Borrowing Capacity + References No definition available. + Details
Name: | rcii_SeniorDebtMaximumBorrowingCapacity
Namespace Prefix: | rcii_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition -- None. No documentation exists for this element. -- + References No definition available. + Details
Name: | rcii_SeniorDebtTableDetailsAbstract
Namespace Prefix: | rcii_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Term loan amount outstanding. + References No definition available. + Details
Name: | rcii_TermLoanAmountOutstanding
Namespace Prefix: | rcii_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Unsecured line of credit, amount outstanding + References No definition available. + Details
Name: | rcii_Unsecuredlineofcreditamountoutstanding
Namespace Prefix: | rcii_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Unsecured line of credit, maximum facility + References No definition available. + Details
Name: | rcii_Unsecuredlineofcreditmaximumfacility
Namespace Prefix: | rcii_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
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 The reference rate for the variable rate of the debt instrument, such as LIBOR or the US Treasury rate and the maturity of the reference rate used, such as three months or six months LIBOR. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentDescriptionOfVariableRateBasis
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + 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 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 Represents the charge against earnings during the period for commitment fees and debt issuance expenses. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.8) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
Name: | us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The total amount of the contingent obligation under letters of credit outstanding as of the reporting date. + References No definition available. + Details
Name: | us-gaap_LettersOfCreditOutstandingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the 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)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: 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 3: 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 + Details
Name: | us-gaap_LineOfCredit
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of the fee for available but unused credit capacity under the credit 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_LineOfCreditFacilityCommitmentFeeAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of borrowing capacity currently available under the credit facility (current borrowing capacity less the amount of borrowings outstanding). + 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_LineOfCreditFacilityRemainingBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The fee, expressed as a percentage of the line of credit facility, for available but unused credit capacity under the credit facility. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The remaining balance of debt issuance expenses that were capitalized and are being amortized against income over the lives of the respective bond issues. This does not include the amounts capitalized as part of the cost of the utility plant or asset. + 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 210.5-02.17) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_UnamortizedDebtIssuanceExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

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_VariableRateAxis=us-gaap_EurodollarMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

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

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

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