XML 13 R54.htm IDEA: XBRL DOCUMENT
v3.3.0.814

Debt - Encore Revolving Credit Facility and Term Loan Facility (Detail) |  | 3 Months Ended | 9 Months Ended |
--- | --- | --- | --- | ---
Jul. 09, 2015 USD ($) subtranche | Sep. 30, 2015 USD ($) | Sep. 30, 2014 | Sep. 30, 2015 USD ($) | Sep. 30, 2014 | Dec. 31, 2014 USD ($)
Debt Instrument [Line Items] |  |  |  |  |  |
Term loan facility |  | $ 140,141,000 |  | $ 140,141,000 |  | $ 146,023,000
Percentage to be added to base rate for alternate base rate (percent) | 0.50% |  |  |  |  |
Percentage to be added to adjusted base rate for alternate base rate (percent) | 1.00% |  |  |  |  |
Borrowing base as percentage of eligible estimated collection range start (percent) | 30.00% |  |  |  |  |
Borrowing base as percentage of eligible estimated collection range end (percent) | 35.00% |  |  |  |  |
Percentage of eligible estimated remaining collections (percent) | 33.00% |  |  |  |  |
Eligible estimated remaining collections for consumer receivables (percent) | 55.00% |  |  |  |  |
Percentage of multiplying factor (percent) | 95.00% |  |  |  |  |
Maximum cash flow leverage ratio | 250.00% |  |  |  |  |
Maximum cash flow secured leverage ratio | 200.00% |  |  |  |  |
Allowance of additional unsecured indebtedness | $ 1,100,000,000 |  |  |  |  |
Company's repurchases, common stock | $ 150,000,000 |  |  |  |  |
Percentage of acquisitions excluded | 50.00% |  |  |  |  |
Acquisition limit | $ 225,000,000.0 |  |  |  |  |
Credit facility, provision, investments not to exceed maximum percentage of consolidated net worth (percent) | 200.00% |  |  |  |  |
Amount outstanding |  | $ 716,100,000 |  | $ 716,100,000 |  |
Weighted average interest rate (percent) |  | 3.25% | 2.95% | 3.12% | 2.92% |
Minimum [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Maximum cash flow leverage ratio | 125.00% |  |  |  |  |
Term Loan [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Term loan facility | $ 153,800,000 |  |  |  |  |
Term Loan Subtranche One [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Term loan facility | $ 60,000,000 |  |  |  |  |
Line of credit facility expiration date | Feb. 28, 2017 |  |  |  |  |
Principal amount amortized, 2015 | $ 3,000,000 |  |  |  |  |
Principal amount amortized, 2016 | $ 4,500,000 |  |  |  |  |
Term Loan Subtranche One [Member] | Minimum [Member] | LIBOR [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Basis spread on variable rate | 2.00% |  |  |  |  |
Term Loan Subtranche One [Member] | Minimum [Member] | Base Rate [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Basis spread on variable rate | 1.00% |  |  |  |  |
Term Loan Subtranche One [Member] | Maximum [Member] | LIBOR [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Basis spread on variable rate | 2.50% |  |  |  |  |
Term Loan Subtranche One [Member] | Maximum [Member] | Base Rate [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Basis spread on variable rate | 1.50% |  |  |  |  |
Term loan Subtranche Two [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Term loan facility | $ 6,300,000 |  |  |  |  |
Line of credit facility expiration date | Nov. 03, 2017 |  |  |  |  |
Principal amount amortized, 2015 | $ 500,000 |  |  |  |  |
Principal amount amortized, 2016 | 600,000 |  |  |  |  |
Principal amount amortized, 2017 | $ 500,000 |  |  |  |  |
Term loan Subtranche Two [Member] | Minimum [Member] | LIBOR [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Basis spread on variable rate | 2.50% |  |  |  |  |
Term loan Subtranche Two [Member] | Minimum [Member] | Base Rate [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Basis spread on variable rate | 1.50% |  |  |  |  |
Term loan Subtranche Two [Member] | Maximum [Member] | LIBOR [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Basis spread on variable rate | 3.00% |  |  |  |  |
Term loan Subtranche Two [Member] | Maximum [Member] | Base Rate [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Basis spread on variable rate | 2.00% |  |  |  |  |
Term Loan One [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Term loan facility | $ 87,500,000 |  |  |  |  |
Debt instrument, term | 5 years |  |  |  |  |
Principal amount amortized, 2015 | $ 4,400,000 |  |  |  |  |
Principal amount amortized, 2016 | 6,600,000 |  |  |  |  |
Principal amount amortized, 2017 | 8,800,000 |  |  |  |  |
Principal amount amortized, 2018 | $ 8,800,000 |  |  |  |  |
Term Loan One [Member] | Minimum [Member] | LIBOR [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Basis spread on variable rate | 2.50% |  |  |  |  |
Term Loan One [Member] | Minimum [Member] | Base Rate [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Basis spread on variable rate | 1.50% |  |  |  |  |
Term Loan One [Member] | Maximum [Member] | LIBOR [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Basis spread on variable rate | 3.00% |  |  |  |  |
Term Loan One [Member] | Maximum [Member] | Base Rate [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Basis spread on variable rate | 2.00% |  |  |  |  |
Revolving Credit Facility [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Revolving credit facility | $ 692,600,000 |  |  |  |  |
Additional line of revolving credit facility | $ 250,000,000.0 |  |  |  |  |
Revolving Credit Facility [Member] | Minimum [Member] | LIBOR [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Basis spread on variable rate | 2.50% |  |  |  |  |
Revolving Credit Facility [Member] | Minimum [Member] | Base Rate [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Basis spread on variable rate | 1.50% |  |  |  |  |
Revolving Credit Facility [Member] | Maximum [Member] | LIBOR [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Basis spread on variable rate | 3.00% |  |  |  |  |
Revolving Credit Facility [Member] | Maximum [Member] | Base Rate [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Basis spread on variable rate | 2.00% |  |  |  |  |
Restated Credit Agreement [Member] |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Maximum borrowing capacity including accordion agreement after amendment | $ 1,100,000,000.0 |  |  |  |  |
Line of credit facility expiration date | Feb. 28, 2019 |  |  |  |  |
Debt Instrument, number of subtranches | subtranche | 2 |  |  |  |  |

X
- Definition Acquisition Limit + References No definition available. + Details
Name: | ecpg_AcquisitionLimit
Namespace Prefix: | ecpg_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Additional Borrowing Capacity + References No definition available. + Details
Name: | ecpg_AdditionalBorrowingCapacity
Namespace Prefix: | ecpg_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Borrowing base as percentage of eligible estimated collection range start + References No definition available. + Details
Name: | ecpg_BorrowingBaseAsPercentageOfEligibleEstimatedCollectionRangeStart
Namespace Prefix: | ecpg_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Borrowing base as percentage of eligible estimated collection range end. + References No definition available. + Details
Name: | ecpg_BorrowingVaseAsPercentageOfEligibleEstimatedCollectionRangeEnd
Namespace Prefix: | ecpg_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Cash Flow Leverage Ratio + References No definition available. + Details
Name: | ecpg_CashFlowLeverageRatio
Namespace Prefix: | ecpg_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Cash Flow Secured Leverage Ratio + References No definition available. + Details
Name: | ecpg_CashFlowSecuredLeverageRatio
Namespace Prefix: | ecpg_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt instrument borrowing base as percentage of receivables. + References No definition available. + Details
Name: | ecpg_DebtInstrumentBorrowingBaseAsPercentageOfReceivables
Namespace Prefix: | ecpg_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt Instrument, Covenant, Maximum Percentage of Consolidated Net Worth + References No definition available. + Details
Name: | ecpg_DebtInstrumentCovenantMaximumPercentageofConsolidatedNetWorth
Namespace Prefix: | ecpg_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt Instrument, Number of Subtranches + References No definition available. + Details
Name: | ecpg_DebtInstrumentNumberofSubtranches
Namespace Prefix: | ecpg_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line of credit facility maximum borrowing capacity including accordion facility. + References No definition available. + Details
Name: | ecpg_LineOfCreditFacilityMaximumBorrowingCapacityIncludingAccordionFacility
Namespace Prefix: | ecpg_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Maximum Additional Unsecured Debt + References No definition available. + Details
Name: | ecpg_MaximumAdditionalUnsecuredDebt
Namespace Prefix: | ecpg_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Other Long Term Debt And Line Of Credit Facility Amount Outstanding + References No definition available. + Details
Name: | ecpg_OtherLongTermDebtAndLineOfCreditFacilityAmountOutstanding
Namespace Prefix: | ecpg_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Percentage of eligible estimated remaining collections. + References No definition available. + Details
Name: | ecpg_PercentageOfEligibleEstimatedRemainingCollections
Namespace Prefix: | ecpg_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage of multiplying factor. + References No definition available. + Details
Name: | ecpg_PercentageOfMultiplyingFactor
Namespace Prefix: | ecpg_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage Of Outstanding Voting Stock + References No definition available. + Details
Name: | ecpg_PercentageOfOutstandingVotingStock
Namespace Prefix: | ecpg_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage to be added to adjusted base rate for alternate base rate. + References No definition available. + Details
Name: | ecpg_PercentageToBeAddedToAdjustedBaseRateForAlternateBaseRate
Namespace Prefix: | ecpg_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage to be added to base rate for alternate base rate. + References No definition available. + Details
Name: | ecpg_PercentageToBeAddedToBaseRateForAlternateBaseRate
Namespace Prefix: | ecpg_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Stock repurchase program maximum amount of common stock. + References No definition available. + Details
Name: | ecpg_StockRepurchaseProgramMaximumAmountOfCommonStock
Namespace Prefix: | ecpg_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

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 The average effective interest rate during the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399 Reference 2: 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(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateDuringPeriod
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

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 Period of time between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentTerm
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Date the credit facility terminates, in CCYY-MM-DD format. + 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 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityExpirationDate1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:dateItemType
Balance Type: | na
Period Type: | duration

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + 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 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04.(a)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e24072-122690 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
Name: | us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04.(a)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e24072-122690 + Details
Name: | us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04.(a)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e24072-122690 + Details
Name: | us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the remainder of the fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04.(a)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e24072-122690 + Details
Name: | us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Including both current and noncurrent portions, carrying amount as of the balance sheet date of other forms of debt not elsewhere specified in the taxonomy with initial maturities beyond one year or beyond the normal operating cycle, if longer. + 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 SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 20, 22 -Article 5 + Details
Name: | us-gaap_OtherLongTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_RangeAxis=us-gaap_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

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

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_LondonInterbankOfferedRateLIBORMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_BaseRateMember
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_LongtermDebtTypeAxis=ecpg_TermLoanThreeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_RevolvingCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=ecpg_RestatedCreditAgreementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |