XML 61 R32.htm IDEA: XBRL DOCUMENT
v3.20.4

Leases Lessee Disclosure (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Leases [Abstract] |
Supplemental Lease Balance Sheet Info | Supplemental balance sheet information related to the Company's leases was as follows:
Lease Type |  | Balance Sheet Classification |  | December 31, 2020 |  | December 31, 2019
Assets: |  |  |  |  |  |
Operating lease assets |  | Operating lease assets, net |  | $ | 450 |  |  | $ | 550 |
Finance lease assets (a) |  | Property and equipment, net |  | 40 |  |  | 42 |
Total lease assets, net |  | $ | 490 |  |  | $ | 592 |
Liabilities: |  |  |  |  |  |
Current: |  |  |  |  |  |
Operating lease liabilities |  | Current portion of operating lease liabilities |  | $ | 129 |  |  | $ | 128 |
Finance lease liabilities |  | Accrued expenses and other current liabilities |  | 13 |  |  | 13 |
Non-current: |  |  |  |  |  |
Operating lease liabilities |  | Long-term operating lease liabilities |  | 430 |  |  | 496 |
Finance lease liabilities |  | Other non-current liabilities |  | 19 |  |  | 22 |
Total lease liabilities |  | $ | 591 |  |  | $ | 659 |
Weighted Average Lease Term and Discount Rate |  |  |  |
Weighted average remaining lease term (years): |  |  |  |
Operating leases |  | 5.9 |  | 6.2
Finance leases |  | 2.8 |  | 3.1
Weighted average discount rate: |  |  |  |
Operating leases |  | 4.6 | % |  | 5.1 | %
Finance leases |  | 3.7 | % |  | 4.1 | %
_______________ (a)Finance lease assets are recorded net of accumulated amortization of $40 million and $39 million at December 31, 2020 and 2019, respectively.
Lease Liability Maturity Table | As of December 31, 2020, maturities of lease liabilities by fiscal year were as follows:
Maturity of Lease Liabilities |  | Operating Leases |  | Finance Leases |  | Total
2021 |  | $ | 149 |  |  | $ | 13 |  |  | $ | 162 |
2022 |  | 132 |  |  | 10 |  |  | 142 |
2023 |  | 102 |  |  | 7 |  |  | 109 |
2024 |  | 81 |  |  | 3 |  |  | 84 |
2025 |  | 56 |  |  | 1 |  |  | 57 |
Thereafter |  | 122 |  |  | — |  |  | 122 |
Total lease payments |  | 642 |  |  | 34 |  |  | 676 |
Less: Interest |  | 83 |  |  | 2 |  |  | 85 |
Present value of lease liabilities |  | $ | 559 |  |  | $ | 32 |  |  | $ | 591 |
Lease, Cost | Supplemental income statement information related to the Company's leases is as follows:
|  | Year Ended |  | Year Ended
Lease Costs |  | December 31, 2020 |  | December 31, 2019
Operating lease costs |  | $ | 150 |  |  | $ | 165 |
Finance lease costs: |  |  |  |
Amortization of leased assets |  | 12 |  |  | 13 |
Interest on lease liabilities |  | 2 |  |  | 2 |
Other lease costs (a) |  | 24 |  |  | 28 |
Impairment (b) |  | 46 |  |  | 12 |
Less: Sublease income, gross |  | 2 |  |  | 3 |
Net lease cost |  | $ | 232 |  |  | $ | 217 |
_______________ (a)Primarily consists of variable lease costs. (b)Impairment charges relate to the exit and sublease of certain real estate operating leases. As of December 31, 2020, the Company impaired or restructured approximately 1 million square feet which included its corporate headquarters in Madison, New Jersey and the relocation operations' main corporate location in Danbury, Connecticut resulting in additional impairment charges and restructuring charges. See Note 12, "Restructuring Costs", for further discussion.
Schedule of Cash Flow, Supplemental Disclosures | Supplemental cash flow information related to leases was as follows:
|  | Year Ended |  | Year Ended
|  | December 31, 2020 |  | December 31, 2019
Supplemental cash flow information: |  |  |  |
Operating cash flows from operating leases |  | $ | 165 |  |  | $ | 162 |
Operating cash flows from finance leases |  | 2 |  |  | 2 |
Financing cash flows from finance leases |  | 14 |  |  | 15 |
Supplemental non-cash information: |  |  |  |
Lease assets obtained in exchange for lease obligations: |  |  |  |
Operating leases |  | $ | 103 |  |  | $ | 153 |
Finance leases |  | 11 |  |  | 18 |

X
- Definition Tabular disclosure of undiscounted cash flows of lease liabilities. Includes reconciliation of undiscounted cash flows to lease liabilities recognized in statement of financial position. + References No definition available. + Details
Name: | rlgy_LeaseLiabilityMaturityTableTableTextBlock
Namespace Prefix: | rlgy_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Includes the amount of lessee's right of use assets underlying leases and the present value of the lessee's discounted obligation for lease payments, for both operating and finance leases. + References No definition available. + Details
Name: | rlgy_SupplementalLeaseBalanceSheetInfoTableTextBlock
Namespace Prefix: | rlgy_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918686-209980 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of supplemental cash flow information for the periods presented. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration