XML 37 R25.htm IDEA: XBRL DOCUMENT v3.21.1

Convertible Senior Notes, Net (Tables)

3 Months Ended

Mar. 31, 2021

2025 Convertible Senior Notes as Liability Component

Schedule of Net Carrying Amount of Notes

The net carrying amount of the liability component of the 2025 Notes was as follows:

		March 31, 2021				December 31, 2020
Principal		$	172,500			$	172,500
Unamortized debt discount			(17,074	)			(17,945	)
Unamortized debt issuance costs			(5,105	)			(5,367	)
Net carrying amount		$	150,321			$	149,188

2025 Convertible Senior Notes as as Equity Component

Schedule of Net Carrying Amount of Notes

The net carrying amount of the equity component of the 2025 Notes was as follows:

		March 31, 2021
Proceeds allocated to the conversion options (debt discount)		$	19,787
Issuance costs			(767	)
Net carrying amount		$	19,020

2025 Convertible Senior Notes

Amounts Recorded in Interest Expense Related to Notes

The following table sets forth the amounts recorded in interest expense related to the 2025 Notes:

		Three Months Ended March 31, 2021
Contractual interest expense		$	1,294
Amortization of debt discount			871
Amortization of debt issuance costs			263
Total interest and amortization expense		$	2,428

Schedule of Future Minimum Payments Under Notes

Future minimum payments under the 2025 Notes as of March 31, 2021, are as follows:

Fiscal Year		Amount
Remainder of 2021		$	5,175
2022			5,175
2023			5,175
2024			5,175
2025			175,088
Total future payments			195,788
Less amounts representing interest			(23,288	)
Total principal amount		$	172,500

2028 Convertible Senior Notes as Liability Component

Schedule of Net Carrying Amount of Notes

The net carrying amount of the liability component of the 2028 Notes was as follows:

		March 31, 2021
Principal		$	287,500
Unamortized debt discount			(95,522	)
Unamortized debt issuance costs			(6,188	)
Net carrying amount		$	185,790

2028 Convertible Senior Notes as as Equity Component

Schedule of Net Carrying Amount of Notes

The net carrying amount of the equity component of the 2028 Notes was as follows:

		March 31, 2021
Proceeds allocated to the conversion options (debt discount)		$	96,162
Issuance costs			(3,131	)
Net carrying amount		$	93,031

2028 Convertible Senior Notes

Amounts Recorded in Interest Expense Related to Notes

The following table sets forth the amounts recorded in interest expense related to the 2028 Notes from the date of issuance through March 31, 2021:

		Three Months Ended March 31, 2021
Contractual interest expense		$	176
Amortization of debt discount			640
Amortization of debt issuance costs			41
Total interest and amortization expense		$	857

Schedule of Future Minimum Payments Under Notes

Future minimum payments under the 2028 Notes as of March 31, 2021, are as follows:

Fiscal Year		Amount
Remainder of 2021		$	1,382
2022			2,875
2023			2,875
2024			2,875
2025			2,875
2026			2,875
2027			2,875
2028			288,937
Total future payments			307,569
Less amounts representing interest			(20,069	)
Total principal amount		$	287,500

X

- Definition

Tabular disclosure of interest income and expense, including, but not limited to, interest income and expense from investments, loans, and securities.

+ References

No definition available.

+ Details

Name:	us-gaap_InterestIncomeAndInterestExpenseDisclosureTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-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=120391452&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28541-108399

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28551-108399

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644

+ Details

Name:	us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of maturity and sinking fund requirement for long-term debt.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601

+ Details

Name:	us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_DebtInstrumentAxis=real_ThreePercentConvertibleSeniorNotesDueTwentyTwentyFiveAsLiabilityComponentMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DebtInstrumentAxis=real_ThreePercentConvertibleSeniorNotesDueTwentyTwentyFiveAsEquityComponentMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DebtInstrumentAxis=real_ThreePercentConvertibleSeniorNotesDueTwentyTwentyFiveMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DebtInstrumentAxis=real_OnePercentConvertibleSeniorNotesDueTwentyTwentyEightAsLiabilityComponentMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DebtInstrumentAxis=real_OnePercentConvertibleSeniorNotesDueTwentyTwentyEightAsEquityComponentMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DebtInstrumentAxis=real_OnePercentConvertibleSeniorNotesDueTwentyTwentyEightMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: