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Long-Term Debt (Detail Textuals 1) - USD ($) $ in Millions | 1 Months Ended | 12 Months Ended
--- | --- | ---
Jul. 26, 2018 | Jun. 30, 2016 | Dec. 31, 2018
Revolving credit facility |  |  |
Line of Credit Facility [Line Items] |  |  |
Term of line of credit facility |  |  | 5 years
Amount of credit facility |  |  | $ 125.0
Borrowing capacity description | the Company entered into Amendment No. 4 to Credit Agreement (the "Amendment"). The Amendment, among other matters, replaces the existing minimum tangible net worth covenant with the following covenants: (i) when RPC's trailing four quarter EBITDA (as calculated under the Credit Agreement) is equal to or greater than $50 million, a maximum consolidated leverage ratio of 2.50:1.00 and a minimum debt service coverage ratio of 2.00:1.00, and (ii) otherwise, a minimum tangible net worth covenant of no less than $600 million. The Amendment additionally (1) extends the Credit Agreement maturity date from January 17, 2019 to July 26, 2023, (2) eliminates any borrowing base limitations on revolving loans when RPC's trailing four quarter EBITDA (as calculated under the Credit Agreement) is equal to or greater than $50 million, (3) reduces the commitment fees payable by RPC by 7.5 basis points at each pricing level and (4) reduces the letter of credit sublimit from $50 million to $35 million. |  |
Borrowing base of line of credit |  | $ 125.0 |
Minimum tangible net worth |  | $ 600.0 |
Description of variable rate basis of debt instrument |  |  | Revolving loans under the amended revolving credit facility bear interest at one of the following two rates at the Company's election:· The Eurodollar Rate, which is the rate per annum equal to the London Interbank Offering Rate ("LIBOR"); plus, a margin ranging from 1.125% to 2.125%, based on a quarterly consolidated leverage ratio calculation; or· the Base Rate, which is a fluctuating rate per annum equal to the highest of (a) the Federal Funds Rate plus 0.50%, (b) Bank of America's publicly announced "prime rate," and (c) the Eurodollar Rate plus 1.00%; in each case plus a margin that ranges from 0.125% to 1.125% based on a quarterly consolidated leverage ratio calculation.
Loan origination fees and other debt related costs |  |  | $ 3.3
Non-current other assets net |  |  | $ 0.3
Revolving credit facility | Minimum |  |  |
Line of Credit Facility [Line Items] |  |  |
Fees on unused portion of facility |  |  | 0.15%
Revolving credit facility | Maximum |  |  |
Line of Credit Facility [Line Items] |  |  |
Fees on unused portion of facility |  |  | 0.25%
Revolving credit facility | Domestic subsidiaries |  |  |
Line of Credit Facility [Line Items] |  |  |
Percentage of ownership |  |  | 100.00%
Revolving credit facility | Option 1 A |  |  |
Line of Credit Facility [Line Items] |  |  |
Description of reference rate basis |  |  | Federal Funds Rate
Basis spread on variable rate |  |  | 0.50%
Revolving credit facility | Option 1 A | Minimum |  |  |
Line of Credit Facility [Line Items] |  |  |
Basis spread on variable rate |  |  | 0.125%
Revolving credit facility | Option 1 A | Maximum |  |  |
Line of Credit Facility [Line Items] |  |  |
Basis spread on variable rate |  |  | 1.125%
Revolving credit facility | Option 1 B |  |  |
Line of Credit Facility [Line Items] |  |  |
Description of reference rate basis |  |  | Prime rate
Revolving credit facility | Option 1 B | Minimum |  |  |
Line of Credit Facility [Line Items] |  |  |
Basis spread on variable rate |  |  | 0.125%
Revolving credit facility | Option 1 B | Maximum |  |  |
Line of Credit Facility [Line Items] |  |  |
Basis spread on variable rate |  |  | 1.125%
Revolving credit facility | Option 1 C |  |  |
Line of Credit Facility [Line Items] |  |  |
Description of reference rate basis |  |  | Eurodollar Rate
Basis spread on variable rate |  |  | 1.00%
Revolving credit facility | Option 1 C | Minimum |  |  |
Line of Credit Facility [Line Items] |  |  |
Basis spread on variable rate |  |  | 0.125%
Revolving credit facility | Option 1 C | Maximum |  |  |
Line of Credit Facility [Line Items] |  |  |
Basis spread on variable rate |  |  | 1.125%
Letter of credit subfacility |  |  |
Line of Credit Facility [Line Items] |  |  |
Amount of credit facility |  |  | $ 35.0
Letter of swingline subfacility |  |  |
Line of Credit Facility [Line Items] |  |  |
Amount of credit facility |  |  | $ 35.0

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