XML 37 R25.htm IDEA: XBRL DOCUMENT
v3.23.2

NOTES PAYABLE AND LINES OF CREDIT (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2023
Debt Disclosure [Abstract] |
Schedule of Debt | Notes payable consisted of the following as of June 30, 2023 and December 31, 2022:
| June 30, 2023 |  | December 31, 2022
Term Loan Credit Agreement maturing on August 31, 2026. Amortization payments are required quarterly. Interest rate at June 30, 2023 was 13.41%. | $ | 344,431 |  |  | $ | 346,066 |
ROF Consumer Finance Facility maturing on February 4, 2025. Interest rate at June 30, 2023 was 10.17%. | 18,030 |  |  | 25,000 |
Notes payable for leasehold improvements and other | 752 |  |  | — |
Total principal amount | 363,213 |  |  | 371,066 |
Less: unamortized debt issuance costs | (21,668) |  |  | (28,572) |
Total long-term debt | 341,545 |  |  | 342,494 |
Less: Current portion of long-term debt | (18,186) |  |  | (3,645) |
Long-term debt, net of current portion | $ | 323,359 |  |  | $ | 338,849 |
Floor plan notes payable as of June 30, 2023 and December 31, 2022:
| June 30, 2023 |  | December 31, 2022
Floor plans notes payable - trade | $ | 74,331 |  |  | $ | 75,387 |
Floor plans notes payable - non-trade | 172,107 |  |  | 144,789 |
Floor plan notes payable | $ | 246,438 |  |  | $ | 220,176 |

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