XML 59 R45.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Short And Long-Term Debt Term Loan A Facility (Details) - USD ($) $ in Millions | 3 Months Ended |  |  |  |
--- | --- | --- | --- | --- | ---
Mar. 31, 2017 | Dec. 31, 2016 | Jul. 20, 2016 | Oct. 23, 2015 | Mar. 05, 2013
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Long-Term Debt, Gross | [1] | $ 3,830 |  |  |  |  |  |
Additional Credit Facilities |  |  |  |  |  |  |  | $ 500
Required Covenant Ratio to Receive Additional Credit Facilities | Maximum |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Ratio of Indebtedness to Net Capital |  | 3.50 |  |  |  |  |  |
Ratio of Indebtedness to Net Capital Denominator |  | 1.00 |  |  |  |  |  |
Term Loan A |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Maturity Term |  | 5 years |  |  |  |  |  |
Term Loan A | Secured Debt |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Long-Term Debt, Gross |  | $ 408 | [2] | $ 413 |  |  | $ 435 |
Term Loan A | Secured Debt | Greater than 3.50 to 1.00 | LIBOR |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 2.50% |  |  |  |  |  |
Term Loan A | Secured Debt | Greater than 3.50 to 1.00 | ABR |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 1.50% |  |  |  |  |  |
Term Loan A | Secured Debt | Less than or equal to 3.50 to 1.00 but greater than or equal to 2.50 to 1.00 | LIBOR |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 2.25% |  |  |  |  |  |
Term Loan A | Secured Debt | Less than or equal to 3.50 to 1.00 but greater than or equal to 2.50 to 1.00 | ABR |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 1.25% |  |  |  |  |  |
Term Loan A | Secured Debt | Less than 2.50 to 1.00 | LIBOR |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 2.00% |  |  |  |  |  |
Term Loan A | Secured Debt | Less than 2.50 to 1.00 | ABR |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 1.00% |  |  |  |  |  |
Term Loan A | Secured Debt | 2016 |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Annual percentage of original principal amount for quarterly amortization payments |  | 5.00% |  |  |  |  |  |
Term Loan A | Secured Debt | 2017 |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Annual percentage of original principal amount for quarterly amortization payments |  | 5.00% |  |  |  |  |  |
Term Loan A | Secured Debt | 2018 |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Annual percentage of original principal amount for quarterly amortization payments |  | 7.50% |  |  |  |  |  |
Term Loan A | Secured Debt | 2019 |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Annual percentage of original principal amount for quarterly amortization payments |  | 10.00% |  |  |  |  |  |
Term Loan A | Secured Debt | 2020 |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Annual percentage of original principal amount for quarterly amortization payments |  | 12.50% |  |  |  |  |  |
Term Loan A-1 | Secured Debt |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Long-Term Debt, Gross |  | $ 348 | [3] | $ 351 | [2] | $ 355 |  |
Term Loan A-1 | Secured Debt | Greater than 3.50 to 1.00 | LIBOR |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 2.50% |  |  |  |  |  |
Term Loan A-1 | Secured Debt | Greater than 3.50 to 1.00 | ABR |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 1.50% |  |  |  |  |  |
Term Loan A-1 | Secured Debt | Less than or equal to 3.50 to 1.00 but greater than or equal to 2.50 to 1.00 | LIBOR |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 2.25% |  |  |  |  |  |
Term Loan A-1 | Secured Debt | Less than or equal to 3.50 to 1.00 but greater than or equal to 2.50 to 1.00 | ABR |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 1.25% |  |  |  |  |  |
Term Loan A-1 | Secured Debt | Less than 2.50 to 1.00 but greater than or equal to 2.00 to 1.00 | LIBOR |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 2.00% |  |  |  |  |  |
Term Loan A-1 | Secured Debt | Less than 2.50 to 1.00 but greater than or equal to 2.00 to 1.00 | ABR |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 1.00% |  |  |  |  |  |
Term Loan A-1 | Secured Debt | Less than 2.00 to 1.00 | LIBOR |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 1.75% |  |  |  |  |  |
Term Loan A-1 | Secured Debt | Less than 2.00 to 1.00 | ABR |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  | 0.75% |  |  |  |  |  |
Term Loan A-1 | Secured Debt | 2017 |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Annual percentage of original principal amount for quarterly amortization payments |  | 2.50% |  |  |  |  |  |
Term Loan A-1 | Secured Debt | 2018 |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Annual percentage of original principal amount for quarterly amortization payments |  | 2.50% |  |  |  |  |  |
Term Loan A-1 | Secured Debt | 2019 |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Annual percentage of original principal amount for quarterly amortization payments |  | 5.00% |  |  |  |  |  |
Term Loan A-1 | Secured Debt | 2020 |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Annual percentage of original principal amount for quarterly amortization payments |  | 7.50% |  |  |  |  |  |
Term Loan A-1 | Secured Debt | 2021 |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Annual percentage of original principal amount for quarterly amortization payments |  | 10.00% |  |  |  |  |  |
Term Loan A Facility | Secured Debt |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Additional Credit Facilities |  |  |  |  |  |  | $ 500 |
Term Loan A Facility | Secured Debt | Required Covenant Ratio to Receive Additional Credit Facilities | Maximum |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Ratio of Indebtedness to Net Capital |  | 350.00% |  |  |  |  |  |
Ratio of Indebtedness to Net Capital Denominator |  | 100.00% |  |  |  |  |  |
[1] | Not included in this table, the Company had $126 million of outstanding letters of credit at March 31, 2017 under the Unsecured Letter of Credit Facility with a weighted average rate of 2.93%. At March 31, 2017, the capacity of the facility was $131 million.
[2] | The Term Loan A provides for quarterly amortization payments, which commenced March 31, 2016, totaling per annum 5%, 5%, 7.5%, 10.0% and 12.5% of the original principal amount of the Term Loan A in 2016, 2017, 2018, 2019 and 2020, respectively. The interest rates with respect to term loans under the Term Loan A are based on, at the Company's option, (a) adjusted LIBOR plus an additional margin or (b) ABR plus an additional margin, in each case subject to adjustment based on the then current senior secured leverage ratio. Based on the previous quarter senior secured leverage ratio, the LIBOR margin was 2.00% and the ABR margin was 1.00% for the three months ended March 31, 2017.
[3] | The Term Loan A-1 provides for quarterly amortization payments, which commenced on September 30, 2016, totaling per annum 2.5%, 2.5%, 5%, 7.5% and 10.0% of the original principal amount of the Term Loan A-1, with the last amortization payment made on June 30, 2021. The interest rates with respect to term loans under the Term Loan A-1 are based on, at the Company's option, (a) adjusted LIBOR plus an additional margin or (b) ABR plus an additional margin, in each case subject to adjustment based on the then current senior secured leverage ratio. Based on the previous quarter senior secured leverage ratio, the LIBOR margin was 2.00% and the ABR margin was 1.00% for the three months ended March 31, 2017.

X
- Definition The amount of additional credit facilities permitted to be obtained by the Company under the Amended and Restated Credit Agreement if the Company's senior secured leverage ratio is less than 3.50 to 1.00 on a pro forma basis. + References No definition available. + Details
Name: | rlgy_AdditionalCreditFacilities
Namespace Prefix: | rlgy_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Annual percentage of the original principal amount for which quarterly amortization payments are made. + References No definition available. + Details
Name: | rlgy_Annualpercentageoforiginalprincipalamountforquarterlyamortizationpayments
Namespace Prefix: | rlgy_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debt Maturity Term + References No definition available. + Details
Name: | rlgy_DebtMaturityTerm
Namespace Prefix: | rlgy_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Ratio of Indebtedness to Net Capital Denominator + References No definition available. + Details
Name: | rlgy_RatioOfIndebtednessToNetCapitalDenominator
Namespace Prefix: | rlgy_
Data Type: | xbrli:pureItemType
Balance Type: | na
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 Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. + 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_DebtInstrumentCarryingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

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 Indebtedness divided by net capital. + References No definition available. + Details
Name: | us-gaap_RatioOfIndebtednessToNetCapital1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | instant

X
- Details
Name: | rlgy_DebtCovenantRatioAxis=rlgy_RequiredCovenantRatioToReceiveAdditionalCreditFacilitiesMember
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_DebtInstrumentAxis=rlgy_TermLoanAMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_SecuredDebtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | rlgy_SeniorSecuredLeverageRatioScenarioAxis=rlgy_Greaterthan3.50to1.00Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | rlgy_InterestRateTypeAxis=rlgy_LiborMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | rlgy_InterestRateTypeAxis=rlgy_AbrMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | rlgy_SeniorSecuredLeverageRatioScenarioAxis=rlgy_Lessthanorequalto3.50to1.00butgreaterthanorequalto2.50to1.00Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | rlgy_SeniorSecuredLeverageRatioScenarioAxis=rlgy_Lessthan2.50to1.00Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | rlgy_QuarterlyAmortizationPaymentYearsAxis=rlgy_A2016Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | rlgy_QuarterlyAmortizationPaymentYearsAxis=rlgy_A2017Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | rlgy_QuarterlyAmortizationPaymentYearsAxis=rlgy_A2018Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | rlgy_QuarterlyAmortizationPaymentYearsAxis=rlgy_A2019Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | rlgy_QuarterlyAmortizationPaymentYearsAxis=rlgy_A2020Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=rlgy_TermLoanA1Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | rlgy_SeniorSecuredLeverageRatioScenarioAxis=rlgy_Lessthan2.50to1.00butgreaterthanorequalto2.00to1.00Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | rlgy_SeniorSecuredLeverageRatioScenarioAxis=rlgy_Lessthan2.00to1.00Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | rlgy_QuarterlyAmortizationPaymentYearsAxis=rlgy_A2021Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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