XML 53 R33.htm IDEA: XBRL DOCUMENT v3.25.0.1

CONSUMER LOANS RECEIVABLE (Tables) - Consumer

12 Months Ended

Dec. 31, 2024

Receivables

Schedule of dealer financed notes receivable, net of allowance for loan losses and deferred financing fees

​

​	​	​	​	​	​	​	​	​	​
​		As of December 31,			As of December 31,			As of December 31,
​	​	2024		​	2023		​	2022
Consumer loans receivable	​	$	177,289	​	$	159,738	​	$	142,340
Loan discount and deferred financing fees	​		(2,490)	​		(2,473)	​		(2,501)
Allowance for loan losses	​		(694)	​		(765)	​		(830)
Consumer loans receivable, net	​	$	174,105	​	$	156,500	​	$	139,009

Schedule of allowance for loan losses

​

​	​	​	​	​	​	​	​
​		Year Ended December 31,					​
​	​	2024			2023
Allowance for loan losses, beginning of period	​	$	765	​	$	830	​
Provision for loan losses	​		(207)	​		(114)	​
Recoveries	​		136	​		49	​
Allowance for loan losses, end of period	​	$	694	​	$	765	​

Schedule of impaired and general reserve for allowance for loan losses

​

​	​	​	​	​	​	​
​		As of December 31,			As of December 31,
​	​	2024		​	2023
Total consumer loans	​	$	177,289	​	$	159,738
Allowance for loan losses	​	$	694	​	$	765
Impaired loans individually evaluated for impairment	​	$	3,582	​	$	1,565
Specific reserve against impaired loans	​	$	680	​	$	562
Other loans collectively evaluated for allowance	​	$	173,707	​	$	158,173
General allowance for loan losses	​	$	14	​	$	203

Schedule of consumer loans receivable that are past due

​

​	​	​	​	​	​	​	​	​	​	​
​	​	As of December 31,			​		As of December 31,			​
​	​	2024		​	%	​	2023		​	%
Total consumer loans receivable	​	$	177,289		100.0		$	159,738		100.0
Past due consumer loans:	​					​
31 - 60 days past due	​	$	2,014		1.1	​	$	624		0.4
61 - 90 days past due	​		297		0.2	​		149		0.1
91 - 120 days past due	​		462		0.3	​		123		0.1
Greater than 120 days past due	​		3,120		1.8	​		1,449		0.9
Total past due	​	$	5,893		3.4	​	$	2,345		1.5

Schedule of disaggregation of outstanding principal balance of consumer loans receivable

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Year of Origination

​

​

2024

​

2023

​

2022

​

2021

​

2020

​

Prior

​

Total

​

% of Portfolio

< 30 days past due

​

$

35,453

​

$

28,611

​

$

21,954

​

$

18,698

​

$

12,087

​

$

54,594

​

$

171,397

​

%

96.7

30-90 days past due

​

​

434

​

​

367

​

​

244

​

​

176

​

​

—

​

​

1,090

​

​

2,311

​

​

1.3

> 90 days past due

​

​

134

​

​

487

​

​

808

​

​

1,254

​

​

53

​

​

845

​

​

3,581

​

​

2.0

Total

​

$

36,021

​

$

29,465

​

$

23,006

​

$

20,128

​

$

12,140

​

$

56,529

​

$

177,289

​

%

100.0

​

X

- Definition

Tabular disclosure of impaired and general reserve for allowance for loan losses.

+ References

No definition available.

+ Details

Name:	legh_ImpairedAndGeneralReserveForAllowanceForLoanLossesTableTextBlock
Namespace Prefix:	legh_
Data Type:	dtr-types:textBlockItemType
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

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 310
-SubTopic 20
-Name Accounting Standards Codification
-Section 40
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481628/310-20-40-7

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 310
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481990/310-10-45-2

+ Details

Name:	us-gaap_AccountsNotesAndLoansReceivableLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of allowance for credit loss on financing receivable.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 310
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 11B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481962/310-10-50-11B

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479319/326-20-50-13

+ Details

Name:	us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 310
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 29
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481962/310-10-50-29

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479319/326-20-50-5

+ Details

Name:	us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of aging analysis for financing receivable.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 310
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 7A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481962/310-10-50-7A

Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 310
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481962/310-10-50-7

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 14
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479319/326-20-50-14

Reference 4: http://www.xbrl.org/2003/role/exampleRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 80
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479294/326-20-55-80

+ Details

Name:	us-gaap_PastDueFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(4))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(3))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

+ Details

Name:	us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_ClassOfFinancingReceivableTypeOfBorrowerAxis=us-gaap_ConsumerBorrowerMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: