XML 59 R43.htm IDEA: XBRL DOCUMENT
v3.22.2

Short And Long-Term Debt Issuance and Redemption of Notes (Details) - USD ($) |  | 3 Months Ended | 6 Months Ended |  |
--- | --- | --- | --- | --- | ---
Feb. 04, 2022 | Jun. 30, 2022 | Jun. 30, 2022 | Jun. 30, 2021 | Jan. 10, 2022 | Dec. 31, 2021
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Long-term Debt, Gross |  | $ 2,878,000,000 |  | $ 2,878,000,000 |  |  |  |
Debt Instrument, Redemption Price, Percentage |  |  |  | 100.00% |  |  |  |
Consolidated Leverage Ratio - Consolidated Net Income Build - Numerator |  | 4.0 |  | 4.0 |  |  |  |
Consolidated Leverage Ratio - Consolidated Net Income Build - Denominator |  | 1.0 |  | 1.0 |  |  |  |
Cumulative Credit Basket increase as a % of Consolidated Net Income when the consolidated leverage ratio is less than 4.0 to 1.0 |  | 50.00% |  | 50.00% |  |  |  |
Consolidated Leverage Ratio - Unlimited General Restricted Payment Basket - Numerator |  | 3.0 |  | 3.0 |  |  |  |
Consolidated Leverage Ratio - Unlimited Restricted Payment Basket - Denominator |  | 1.0 |  | 1.0 |  |  |  |
Max amount of shares repurchased and dividends declared per year under the 9.375 Credit Agreement |  | $ 45,000,000 |  | $ 45,000,000 |  |  |  |
Net Debt Seasonality Adjustment |  | 200,000,000 |  | 200,000,000 |  |  |  |
Repurchase of Senior Notes |  |  |  | 59,000,000 |  | $ 0 |  |
Redemption of Senior Notes |  |  |  | 550,000,000 |  | 0 |  |
Redemption of Senior Secured Second Lien Notes |  |  |  | 550,000,000 |  | $ 0 |  |
Long-term Debt |  | 2,849,000,000 |  | 2,849,000,000 |  |  |  |
4.875% Senior Notes | Senior Notes |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Long-term Debt, Gross |  | $ 347,000,000 |  | $ 347,000,000 |  |  |  | $ 407,000,000
Interest Rate |  | 4.875% |  | 4.875% |  |  |  |
Repurchase of Senior Notes |  | $ 59,000,000 |  |  |  |  |  |
Principal Amount of Debt Repurchased |  |  |  | $ 60,000,000 |  |  |  |
Long-term Debt |  | 347,000,000 |  | 347,000,000 |  |  |  | 406,000,000
5.25% Senior Notes | Senior Notes |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Long-term Debt, Gross |  | $ 1,000,000,000 | [1] | $ 1,000,000,000 | [1] |  | $ 1,000,000,000 | 0
Interest Rate |  | 5.25% |  | 5.25% |  |  |  |
Long-term Debt |  | $ 983,000,000 | [1] | $ 983,000,000 | [1] |  |  | 0
9.375% Senior Notes | Senior Notes |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Long-term Debt, Gross |  | 0 |  | 0 |  |  |  | 550,000,000
Interest Rate | 937.50% |  |  |  |  |  |  |
Redemption of Senior Notes | $ 550 |  |  |  |  |  |  |
Long-term Debt |  | 0 |  | 0 |  |  |  | 545,000,000
7.625% Senior Secured Second Lien Notes | Secured Debt |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Long-term Debt, Gross |  | 0 |  | 0 |  |  |  | 550,000,000
Interest Rate | 762.50% |  |  |  |  |  |  |
Redemption of Senior Secured Second Lien Notes | $ 550 |  |  |  |  |  |  |
Long-term Debt |  | 0 |  | 0 |  |  |  | 542,000,000
5.75% Senior Notes | Senior Notes |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Long-term Debt, Gross |  | $ 900,000,000 |  | $ 900,000,000 |  |  |  | 900,000,000
Interest Rate |  | 5.75% |  | 5.75% |  |  |  |
Long-term Debt |  | $ 899,000,000 |  | $ 899,000,000 |  |  |  | $ 898,000,000
[1] | In the first quarter of 2022, the Company issued $1,000 million aggregate principal amount of 5.25% Senior Notes due 2030 and used net proceeds, together with cash on hand, to redeem in full both the outstanding 9.375% Senior Notes due 2027 and the 7.625% Senior Secured Second Lien Notes due 2025. See below under the header "5.25% Senior Notes Issuance and Redemption of 9.375% Senior Notes and 7.625% Senior Secured Second Lien Notes" for a description of these transactions.

X
- Definition The cumulative credit basket (as defined in the indenture governing the 9.375% Senior Notes) for restricted payments: (i) builds from January 1, 2019 and does not include the benefit of consolidated net income (as defined in the indenture governing the 9.375% Senior Notes) from prior periods, (ii) builds at 25% of consolidated net income when the consolidated leverage ratio (as such term is defined in the indenture governing the 9.375% Senior Notes) is equal to or greater than 4.0 to 1.0 (and 50% of consolidated net income when it is less than 4.0 to 1.0), and (iii) may not be used when the consolidated leverage ratio is equal to or greater than 4.0 to 1.0. + References No definition available. + Details
Name: | hous_ConsolidatedLeverageRatioConsolidatedNetIncomeBuildDenominator
Namespace Prefix: | hous_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | instant

X
- Definition The cumulative credit basket (as defined in the indenture governing the 9.375% Senior Notes) for restricted payments: (i) builds from January 1, 2019 and does not include the benefit of consolidated net income (as defined in the indenture governing the 9.375% Senior Notes) from prior periods, (ii) builds at 25% of consolidated net income when the consolidated leverage ratio (as such term is defined in the indenture governing the 9.375% Senior Notes) is equal to or greater than 4.0 to 1.0 (and 50% of consolidated net income when it is less than 4.0 to 1.0), and (iii) may not be used when the consolidated leverage ratio is equal to or greater than 4.0 to 1.0. + References No definition available. + Details
Name: | hous_ConsolidatedLeverageRatioConsolidatedNetIncomeBuildNumerator
Namespace Prefix: | hous_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | instant

X
- Definition The indenture governing the 9.375% Senior Notes requires the consolidated leverage ratio to be less than 3.0 to 1.0 to use an unlimited general restricted payment basket (which payments will reduce the cumulative credit basket, but not below zero). + References No definition available. + Details
Name: | hous_ConsolidatedLeverageRatioUnlimitedGeneralRestrictedPaymentBasketNumerator
Namespace Prefix: | hous_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | instant

X
- Definition The indenture governing the 9.375% Senior Notes requires the consolidated leverage ratio to be less than 3.0 to 1.0 to use an unlimited general restricted payment basket (which payments will reduce the cumulative credit basket, but not below zero). + References No definition available. + Details
Name: | hous_ConsolidatedLeverageRatioUnlimitedRestrictedPaymentBasketDenominator
Namespace Prefix: | hous_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | instant

X
- Definition Cumulative Credit Basket increases at 25% of consolidated net income when the consolidated leverage ratio (as such term is defined in the indenture governing the 9.375% Senior Notes) is equal to or greater than 4.0 to 1.0 (and 50% of consolidated net income when it is less than 4.0 to 1.0). + References No definition available. + Details
Name: | hous_CumulativeCreditBasketincreaseasaofConsolidatedNetIncomewhentheconsolidatedleverageratioislessthan4.0to1.0
Namespace Prefix: | hous_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Max amount of shares repurchased and dividends declared per year under the 9.375% Credit Agreement + References No definition available. + Details
Name: | hous_Maxamountofsharesrepurchasedanddividendsdeclaredperyearunderthe9.375CreditAgreement
Namespace Prefix: | hous_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Net debt under the indenture is Anywhere Real Estate Group's total indebtedness (excluding securitizations) less (i) its cash and cash equivalents in excess of restricted cash and (ii) a $200 million seasonality adjustment permitted when measuring the ratio on a date during the period of March 1 to May 31. + References No definition available. + Details
Name: | hous_NetDebtSeasonalityAdjustment
Namespace Prefix: | hous_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The portion of the principal amount of Senior Notes repurchased through open market repurchases. + References No definition available. + Details
Name: | hous_PrincipalAmountOfDebtRepurchased
Namespace Prefix: | hous_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The cash outflow to repay a portion of the principal amount of the 4.875% Senior Notes through open market repurchases. + References No definition available. + Details
Name: | hous_RepurchaseOfSeniorNotes
Namespace Prefix: | hous_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
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/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b)(1) -URI https://asc.fasb.org/extlink&oid=123466204&loc=SL6031897-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(16)) -URI https://asc.fasb.org/extlink&oid=126734703&loc=d3e572229-122910 Reference 3: 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 https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI https://asc.fasb.org/extlink&oid=126897435&loc=d3e534808-122878 + Details
Name: | us-gaap_DebtInstrumentCarryingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 Reference 2: 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(a)(1)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
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 Percentage price of original principal amount of debt at which debt can be redeemed by the issuer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -Subparagraph e -URI https://asc.fasb.org/extlink&oid=123599511&loc=d3e64711-112823 + Details
Name: | us-gaap_DebtInstrumentRedemptionPricePercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount, excluding unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b)(3) -URI https://asc.fasb.org/extlink&oid=123466204&loc=SL6031897-161870 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69C -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495737-112612 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)) -URI https://asc.fasb.org/extlink&oid=126734703&loc=d3e572229-122910 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69B -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI https://asc.fasb.org/extlink&oid=126897435&loc=d3e534808-122878 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1D -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495340-112611 Reference 7: 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 https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of cash outflow for the payment of debt classified as other, maturing after one year or the operating cycle, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3291-108585 + Details
Name: | us-gaap_RepaymentsOfOtherLongTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The cash outflow to repay long-term debt that is not secured by collateral. Excludes repayments of tax exempt unsecured debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3291-108585 + Details
Name: | us-gaap_RepaymentsOfUnsecuredDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_DebtInstrumentAxis=hous_A4.875SeniorNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

X
- Details
Name: | us-gaap_DebtInstrumentAxis=hous_A525SeniorNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=hous_A9375SeniorNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=hous_A7625SeniorSecuredSecondLienNotesMember
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: | us-gaap_DebtInstrumentAxis=hous_A575SeniorNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |