XML 56 R45.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Note 9 - Notes Payable (Details Textual) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended
Nov. 30, 2023
Sep. 30, 2023
Sep. 30, 2022
May 31, 2022
Nov. 30, 2021
Sep. 30, 2021
Jun. 30, 2021
Oct. 31, 2020
Mar. 31, 2024
Mar. 31, 2023
Feb. 29, 2024
Dec. 31, 2023
May 31, 2023
Aug. 31, 2022
Jan. 31, 2021
Aug. 31, 2019
Jun. 30, 2019
Dec. 31, 2018
Dec. 31, 2017
Oct. 31, 2015
Long-Term Line of Credit                 $ 1,839,521     $ 1,838,647                
Proceeds from Issuance of Long-term Debt, Total               $ 250,000                        
Asset Backed Securities, Term of Revolving Structure (Month)               41 months                        
Asset Backed Securities, Term of Revolving Structure, Subsequent Amortization Period (Month)               18 months                        
Asset Backed Securities, Weighted Average Interest Rate               4.10%                        
Term Note [Member]                                        
Long-term Debt, Total                               $ 17,400        
Debt Instrument, Interest Rate, Stated Percentage                               8.00%        
Second Term Facility [Member]                                        
Line of Credit Facility, Maximum Borrowing Capacity           $ 75,000                            
Long-Term Line of Credit                 0                      
Debt Instrument, Interest Rate, Stated Percentage           2.75%                            
Asset Backed Securities, Term of Revolving Structure (Month)           24 months                            
Senior Notes 2026 [Member]                                        
Debt Instrument, Interest Rate, Stated Percentage         6.125%                              
Debt Instrument, Face Amount         $ 150,000                              
Amortization of Debt Issuance Costs                 400 $ 400                    
Debt Instrument, Repurchased Face Amount                 400 $ 0                    
Senior Notes 2029 [Member]                                        
Debt Instrument, Interest Rate, Stated Percentage                     9.25%                  
Debt Instrument, Face Amount                     $ 57,200                  
Amortization of Debt Issuance Costs                 100                      
Revolving Credit Facility Expiring October 30, 2025 [Member]                                        
Line of Credit Facility, Maximum Borrowing Capacity                 50,000 [1]     50,000               $ 50,000
Long-Term Line of Credit [2],[3],[4],[5]                 29,800 [1]     38,600                
Revolving Credit Facility Expiring November 1, 2025 1[Member]                                        
Line of Credit Facility, Maximum Borrowing Capacity                 65,000                      
Long-Term Line of Credit                 44,100                      
Revolving Credit Facility Expiring July 20, 2025 [Member]                                        
Line of Credit Facility, Maximum Borrowing Capacity                 50,000 [1]     50,000             $ 50,000  
Long-Term Line of Credit [2],[3],[4],[5]                 37,900 [1]     47,500                
Revolving Credit Facility Expiring December 15, 2025 [Member]                                        
Line of Credit Facility, Maximum Borrowing Capacity                 100,000 [1]     100,000           $ 100,000    
Long-Term Line of Credit [2],[3],[4],[5],[6]                 0 [1]     0                
Revolving Credit Facility Expiring December 11, 2024 [Member]                                        
Line of Credit Facility, Maximum Borrowing Capacity                 20,000 [1]     20,000         $ 20,000      
Long-Term Line of Credit [2],[3],[4],[5]                 10,900 [1]     14,300                
Revolving Credit Facility Expiring July 31, 2026 [Member]                                        
Line of Credit Facility, Maximum Borrowing Capacity                 35,000 [1]     35,000     $ 35,000          
Long-Term Line of Credit [2],[3],[4],[5]                 15,000 [1]     15,000                
Revolving Credit Facility Expiring December 15, 2026 [Member]                                        
Line of Credit Facility, Maximum Borrowing Capacity                 300,000 [1]     300,000                
Long-Term Line of Credit [2],[3],[4],[6]                 300,000 [1]     300,000                
Proceeds from Issuance of Long-term Debt, Total             $ 300,000                          
Asset Backed Securities, Term of Revolving Structure (Month)             4 years                          
Asset Backed Securities, Weighted Average Interest Rate             4.24%                          
Revolving Credit Facility Expiring December 15, 2026 [Member] | Minimum [Member]                                        
Asset Backed Securities, Term of Revolving Structure, Subsequent Amortization Period (Month)             11 months                          
Revolving Credit Facility Expiring December 15, 2026 [Member] | Maximum [Member]                                        
Asset Backed Securities, Term of Revolving Structure, Subsequent Amortization Period (Month)             18 months                          
Revolving Credit Facility Expiring May 15, 2026 [Member]                                        
Line of Credit Facility, Maximum Borrowing Capacity                 300,000 [1]     300,000                
Long-Term Line of Credit [2],[3],[4],[6]                 300,000 [1]     300,000                
Proceeds from Issuance of Long-term Debt, Total         $ 300,000                              
Asset Backed Securities, Term of Revolving Structure (Month)         3 years                              
Asset Backed Securities, Term of Revolving Structure, Subsequent Amortization Period (Month)         18 months                              
Asset Backed Securities, Weighted Average Interest Rate         3.53%                              
Revolving Credit Facility Expiring January 15, 2029 [Member]                                        
Line of Credit Facility, Maximum Borrowing Capacity       $ 325,000                                
Long-Term Line of Credit                 325,000                      
Asset Backed Securities, Term of Revolving Structure (Month)       5 years                                
Asset Backed Securities, Term of Revolving Structure, Subsequent Amortization Period (Month)       18 months                                
Asset Backed Securities, Weighted Average Interest Rate       6.33%                                
Revolving Credit Facility Expiring August 5, 2024 [Member]                                        
Line of Credit Facility, Maximum Borrowing Capacity                           $ 100,000            
Long-Term Line of Credit                 0                      
Revolving Credit Facility Expiring March 15, 2027 [Member]                                        
Line of Credit Facility, Maximum Borrowing Capacity                 100,000 [1]     100,000                
Long-Term Line of Credit [2],[3],[4],[6]                 100,000 [1]     100,000                
Proceeds from Issuance of Long-term Debt, Total     $ 100,000                                  
Asset Backed Securities, Term of Revolving Structure (Month)     3 years                                  
Asset Backed Securities, Term of Revolving Structure, Subsequent Amortization Period (Month)     18 months                                  
Asset Backed Securities, Weighted Average Interest Rate     7.32%                                  
Revolving Credit Facility Expiring May 26, 2026 [Member]                                        
Line of Credit Facility, Maximum Borrowing Capacity                 20,000 [1]     20,000 $ 20,000              
Long-Term Line of Credit [2],[3],[4]                 0 [1]     0                
Revolving Credit Facility Expiring February 15, 2028 [Member]                                        
Line of Credit Facility, Maximum Borrowing Capacity                 300,000 [1]     300,000                
Long-Term Line of Credit [2],[3],[4],[6]                 300,000 [1]     300,000                
Proceeds from Issuance of Long-term Debt, Total   $ 300,000                                    
Asset Backed Securities, Term of Revolving Structure (Month)   3 years                                    
Asset Backed Securities, Term of Revolving Structure, Subsequent Amortization Period (Month)   18 years                                    
Asset Backed Securities, Weighted Average Interest Rate   9.51%                                    
Revolving Credit Facility Expiring May 17, 2027 [Member]                                        
Line of Credit Facility, Maximum Borrowing Capacity                 150,000 [1]     150,000                
Long-Term Line of Credit [2],[3],[4],[6]                 $ 150,000 [1]     $ 150,000                
Proceeds from Issuance of Long-term Debt, Total $ 150,000                                      
Asset Backed Securities, Term of Revolving Structure (Month) 2 years                                      
Asset Backed Securities, Term of Revolving Structure, Subsequent Amortization Period (Month) 18 years                                      
Asset Backed Securities, Weighted Average Interest Rate 9.39%                                      
Prime Rate [Member]                                        
Debt Instrument, Variable Rate                 8.50%                      
Prime Rate [Member] | Revolving Credit Facility Expiring July 31, 2026 [Member] | Minimum [Member]                                        
Debt Instrument, Interest Rate, Stated Percentage                 4.00%                      
Secured Overnight Financing Rate (SOFR) [Member]                                        
Debt Instrument, Variable Rate                 5.34%                      
Secured Overnight Financing Rate (SOFR) [Member] | Revolving Credit Facility Expiring October 30, 2025 [Member]                                        
Debt Instrument, Basis Spread on Variable Rate                 3.00%                      
Secured Overnight Financing Rate (SOFR) [Member] | Revolving Credit Facility Expiring November 1, 2025 1[Member] | Minimum [Member]                                        
Debt Instrument, Basis Spread on Variable Rate                 2.25%                      
Secured Overnight Financing Rate (SOFR) [Member] | Revolving Credit Facility Expiring November 1, 2025 1[Member] | Maximum [Member]                                        
Debt Instrument, Basis Spread on Variable Rate                 2.60%                      
Secured Overnight Financing Rate (SOFR) [Member] | Revolving Credit Facility Expiring July 20, 2025 [Member]                                        
Debt Instrument, Basis Spread on Variable Rate                 3.60%                      
Secured Overnight Financing Rate (SOFR) [Member] | Revolving Credit Facility Expiring December 15, 2025 [Member]                                        
Debt Instrument, Basis Spread on Variable Rate                 3.75%                      
Secured Overnight Financing Rate (SOFR) [Member] | August 2022 Revolving Credit Facility [Member]                                        
Debt Instrument, Basis Spread on Variable Rate                 1.80%                      
Secured Overnight Financing Rate (SOFR) [Member] | Revolving Credit Facility Expiring May 26, 2026 [Member]                                        
Debt Instrument, Basis Spread on Variable Rate                 3.75%                      
[1] As of March 31, 2024, the Prime Rate was 8.50% and the Secured Overnight Financing Rate ("SOFR") was 5.34%.
[2] Loans are associated with VIEs. See Note 7, "Variable Interest Entities" for more information.
[3] Loans are subject to certain affirmative covenants tied to default rates and other performance metrics the failure of which could result in required early repayment of the remaining unamortized balances of the notes.
[4] See below for additional information.
[5] These notes reflect modifications to either extend the maturity date, increase the loan amount or both, and are treated as accounting modifications.
[6] Creditors do not have recourse against the general assets of the Company but only to the collateral within the VIEs.