XML 77 R45.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Short and Long-Term Debt (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Debt Disclosure [Abstract] |
Schedule of Total Indebtedness | Total indebtedness is as follows:
| December 31,
| 2024 |  | 2023
Revolving Credit Facility | $ | 490 |  |  | $ | 285 |
Term Loan A Facility | — |  |  | 206 |
7.00% Senior Secured Second Lien Notes | 630 |  |  | 627 |
5.75% Senior Notes | 558 |  |  | 576 |
5.25% Senior Notes | 444 |  |  | 451 |
0.25% Exchangeable Senior Notes | 399 |  |  | 397 |
Total Short-Term & Long-Term Debt | $ | 2,521 |  |  | $ | 2,542 |
Securitization Obligations: |  |  |
Apple Ridge Funding LLC | $ | 140 |  |  | $ | 115 |
Schedule of Debt | As of December 31, 2024, the Company’s borrowing arrangements were as follows:
| Interest Rate |  | Expiration Date |  | Principal Amount |  | Unamortized Premium and Debt Issuance Costs |  | Net Amount
Revolving Credit Facility (a) | (b) |  | July 2027 (b) |  | $ | 490 |  |  | $ * |  | $ | 490 |
Senior Secured Second Lien Notes (c) | 7.00% |  | April 2030 |  | 640 |  |  | 10 |  |  | 630 |
Senior Notes (d) | 5.75% |  | January 2029 |  | 558 |  |  | — |  |  | 558 |
Senior Notes (d) | 5.25% |  | April 2030 |  | 449 |  |  | 5 |  |  | 444 |
Exchangeable Senior Notes (e) | 0.25% |  | June 2026 |  | 403 |  |  | 4 |  |  | 399 |
Total Short-Term & Long-Term Debt | $ | 2,540 |  |  | $ | 19 |  |  | $ | 2,521 |
Securitization obligations: (f) |  |  |  |  |  |  |  |  |
Apple Ridge Funding LLC |  | May 2025 |  | $ | 140 |  |  | $ * |  | $ | 140 |
_______________ *The debt issuance costs related to our Revolving Credit Facility and securitization obligations are classified as a deferred financing asset within other assets. (a)As of December 31, 2024, the Company had $1,100 million of borrowing capacity under its Revolving Credit Facility. As of December 31, 2024, there were $490 million outstanding borrowings under the Revolving Credit Facility and $33 million of outstanding undrawn letters of credit. On February 21, 2025, the Company had $585 million outstanding borrowings under the Revolving Credit Facility and $33 million of outstanding undrawn letters of credit. (b)See below under the header "Senior Secured Credit Agreement" for additional information. (c)See below under the header "7.00% Senior Secured Second Lien Notes" for additional information. (d)See below under the header "Unsecured Notes" for additional detail and repurchases information in the third quarter of 2024. (e)See below under the header "Exchangeable Senior Notes" for additional information. (f)See below under the header "Securitization Obligations" for additional information.
Schedule of Maturities of Long-term Debt | As of December 31, 2024, the combined aggregate amount of maturities for long-term borrowings for each of the next five years is as follows:
Year |  | Amount
2025 (a) |  | $ | 490 |
2026 |  | 403 |
2027 |  | — |
2028 |  | — |
2029 |  | 558 |
_______________ (a)Outstanding borrowings under the Revolving Credit Facility expire in July 2027 (subject to earlier springing maturity) but are classified on the balance sheet as current due to the revolving nature of borrowings and terms and conditions of the facility.
Interest Rate Table for Revolving Credit Facility |
Senior Secured Leverage Ratio |  | Applicable SOFR Margin |  | Applicable ABR Margin
Greater than 3.50 to 1.00 |  | 2.50% |  | 1.50%
Less than or equal to 3.50 to 1.00 but greater than or equal to 2.50 to 1.00 |  | 2.25% |  | 1.25%
Less than 2.50 to 1.00 but greater than or equal to 2.00 to 1.00 |  | 2.00% |  | 1.00%
Less than 2.00 to 1.00 |  | 1.75% |  | 0.75%

X
- Definition [Table Text Block] for Interest Rate Table for Revolving Credit Facility [Table] + References No definition available. + Details
Name: | hous_InterestRateTableforRevolvingCreditFacilityTableTextBlock
Namespace Prefix: | hous_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the carrying values of short-term and long-debt instruments. + References No definition available. + Details
Name: | hous_ScheduleOfCarryingValuesOfDebtInstrumentsTableTextBlock
Namespace Prefix: | hous_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types: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 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 470 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481544/470-10-50-1 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration