XML 70 R57.htm IDEA: XBRL DOCUMENT
v3.21.2

SUBSEQUENT EVENTS (Details) $ / shares in Units, $ in Millions |  | 6 Months Ended |
--- | --- | --- | ---
Aug. 11, 2021 USD ($) tranche $ / shares shares | Dec. 31, 2021 | Jun. 30, 2021
Subsequent Event [Line Items] |  |  |
Ownership percentage |  |  | 100.00%
Short-Term Warrants | Forecast |  |  |
Subsequent Event [Line Items] |  |  |
Expiration period |  | 18 months |
Carvana | Forecast | Root, Inc |  |  |
Subsequent Event [Line Items] |  |  |
Ownership percentage |  | 29.90% |
Subsequent event |  |  |
Subsequent Event [Line Items] |  |  |
Number of tranches | tranche | 8 |  |
Subsequent event | Short-Term Warrants |  |  |
Subsequent Event [Line Items] |  |  |
Number of tranches | tranche | 3 |  |
Expiration period | 3 years |  |
Subsequent event | Short-Term Warrants | Minimum |  |  |
Subsequent Event [Line Items] |  |  |
Exercise price of warrants (in dollars per share) | $ 10.00 |  |
Subsequent event | Short-Term Warrants | Maximum |  |  |
Subsequent Event [Line Items] |  |  |
Exercise price of warrants (in dollars per share) | $ 12.00 |  |
Subsequent event | Long-Term Warrants |  |  |
Subsequent Event [Line Items] |  |  |
Number of tranches | tranche | 5 |  |
Expiration period | 5 years |  |
Subsequent event | Long-Term Warrants | Minimum |  |  |
Subsequent Event [Line Items] |  |  |
Exercise price of warrants (in dollars per share) | $ 10.00 |  |
Subsequent event | Long-Term Warrants | Maximum |  |  |
Subsequent Event [Line Items] |  |  |
Exercise price of warrants (in dollars per share) | $ 30.00 |  |
Subsequent event | Carvana |  |  |
Subsequent Event [Line Items] |  |  |
Proceeds from contributed capital | $ | $ 126 |  |
Conversion price (in dollars per share) | $ 9.00 |  |
Class A Common Stock | Subsequent event | Carvana | Root, Inc |  |  |
Subsequent Event [Line Items] |  |  |
Noncontrolling interest percentage | 5.00% |  |
Class A Common Stock | Subsequent event | Carvana |  |  |
Subsequent Event [Line Items] |  |  |
Shares issuable in conversion (in shares) | shares | 14,000,000 |  |

X
- Definition Class Of Warrant Or Right, Expiration Period + References No definition available. + Details
Name: | root_ClassOfWarrantOrRightExpirationPeriod
Namespace Prefix: | root_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Class Of Warrant Or Right, Number Of Tranches + References No definition available. + Details
Name: | root_ClassOfWarrantOrRightNumberOfTranches
Namespace Prefix: | root_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Exercise price per share or per unit of warrants or rights outstanding. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21475-112644 + Details
Name: | us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (a)(1) -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 + Details
Name: | us-gaap_EquityMethodInvestmentOwnershipPercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The equity interest of noncontrolling shareholders, partners or other equity holders in consolidated entity. + References No definition available. + Details
Name: | us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Per share conversion price of preferred stock. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 + Details
Name: | us-gaap_PreferredStockConvertibleConversionPrice
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of common shares issuable upon conversion of preferred stock. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644 + Details
Name: | us-gaap_PreferredStockConvertibleSharesIssuable
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition The cash inflow associated with the amount received by a corporation from a shareholder during the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123570139&loc=d3e3255-108585 + Details
Name: | us-gaap_ProceedsFromContributedCapital
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Detail information of subsequent event by type. User is expected to use existing line items from elsewhere in the taxonomy as the primary line items for this disclosure, which is further associated with dimension and member elements pertaining to a subsequent event. + References No definition available. + Details
Name: | us-gaap_SubsequentEventLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_ClassOfWarrantOrRightAxis=root_ShortTermWarrantsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementScenarioAxis=srt_ScenarioForecastMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dei_LegalEntityAxis=root_CarvanaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis=root_RootIncMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsequentEventTypeAxis=us-gaap_SubsequentEventMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ClassOfWarrantOrRightAxis=root_LongTermWarrantsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CounterpartyNameAxis=root_CarvanaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=us-gaap_CommonClassAMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_OwnershipAxis=root_RootIncMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |