XML 83 R72.htm IDEA: XBRL DOCUMENT v3.26.1
LONG-TERM DEBT - Senior Secured Term Loans and New Facility (Details) - USD ($)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended
Feb. 19, 2025
Apr. 30, 2018
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Apr. 03, 2025
Dec. 31, 2023
Debt Instrument [Line Items]              
Senior secured term loans     $ 171,260   $ 171,566    
Debt exchange transaction expenses     0 $ 2,980 3,600    
Long-term debt     189,751   191,086    
Price of warrant or right (in usd per share)             $ 0.01
Debt issuance and amendment costs     900   900    
Accumulated amortization of debt issuance and amendment costs     $ (9,100)   $ (9,100)    
Altisource S.A.R.L. | Deer Park Road Management Company, LP              
Debt Instrument [Line Items]              
Noncontrolling ownership (in percent)     13.00%   13.00%    
Altisource S.A.R.L. | UBS Stakeholder Warrants              
Debt Instrument [Line Items]              
Noncontrolling ownership (in percent)     22.00%   22.00%    
Altisource S.A.R.L. | Benefit Street Partners L.L.C.              
Debt Instrument [Line Items]              
Noncontrolling ownership (in percent)     16.00%   16.00%    
Line of Credit              
Debt Instrument [Line Items]              
Debt conversion, converted instrument, shares issued (in shares) 7,300,000            
Maximum borrowing capacity $ 110,000            
Upfront fee 50,000            
April 2018 Credit Agreement | Term B Loans              
Debt Instrument [Line Items]              
Debt instrument, face amount   $ 412,000          
April 2018 Credit Agreement | Term B Loans | Deer Park Road Management Company, LP | Altisource S.A.R.L.              
Debt Instrument [Line Items]              
Long-term debt     $ 19,800   $ 19,800    
Interest received     400 400      
Warrant shares (in shares)           1,900,000  
Price of warrant or right (in usd per share)           $ 9.5998  
April 2018 Credit Agreement | Term B Loans | UBS Stakeholder Warrants | Altisource S.A.R.L.              
Debt Instrument [Line Items]              
Long-term debt     63,600   63,700    
Interest received     1,300 1,600      
Warrant shares (in shares)           200,000  
Price of warrant or right (in usd per share)           $ 9.5998  
April 2018 Credit Agreement | Term B Loans | Benefit Street Partners L.L.C. | Altisource S.A.R.L.              
Debt Instrument [Line Items]              
Long-term debt     30,800   $ 30,800    
Interest received     $ 500 $ 400      
Warrant shares (in shares)           2,200,000  
Price of warrant or right (in usd per share)           $ 9.5998  
April 2018 Credit Agreement | Term B Loans | Maximum              
Debt Instrument [Line Items]              
Amount of principal or interest if failed to pay considered as event of default   10,000          
Amount of debt which results in acceleration of debt if failed to pay considered as event of default   10,000          
Amount of unbonded, undischarged or unstayed debt under entry by court of one or more judgments for certain period to determine as event of default   $ 15,000          
April 2018 Credit Agreement | Line of Credit | Credit Facility              
Debt Instrument [Line Items]              
Payment due date default period   5 days          
Senior Secured Term Loans              
Debt Instrument [Line Items]              
Senior secured term loans 232,800            
New First Lien Loan | Credit Facility              
Debt Instrument [Line Items]              
Senior secured term loans 160,000            
New First Lien Loan | Insurance Or Condemnation Proceeds              
Debt Instrument [Line Items]              
Debt instrument, required prepayment on insurance or condemnation proceeds in excess of $ 10,000            
New First Lien Loan | Fiscal Year 2025 Scenarios              
Debt Instrument [Line Items]              
Debt instrument, prepayment (in percent) 75.00%            
Debt instrument, required prepayment resulting in cash on hand of no less than $ 30,000            
New First Lien Loan | Maturity Date Two              
Debt Instrument [Line Items]              
Senior secured term loans 157,500            
New First Lien Loan | Maturity Date One              
Debt Instrument [Line Items]              
Senior secured term loans 1,400            
New First Lien Loan | Line of Credit              
Debt Instrument [Line Items]              
Senior secured term loans $ 160,000            
New First Lien Loan | Line of Credit | Base Rate | Secured Debt              
Debt Instrument [Line Items]              
Interest rate margin (in percent) 5.50%            
New First Lien Loan | Line of Credit | Secured Overnight Financing Rate (SOFR) | Secured Debt              
Debt Instrument [Line Items]              
Interest rate margin (in percent)     10.27%        
New First Lien Loan | Line of Credit | Proceeds Of Debt Not Permitted By Agreement              
Debt Instrument [Line Items]              
Debt instrument, prepayment (in percent) 100.00%            
New First Lien Loan | Line of Credit | Proceeds From Exercise Of Warrants              
Debt Instrument [Line Items]              
Debt instrument, prepayment (in percent) 95.00%            
New First Lien Loan | Line of Credit | Proceeds Of Asset Sales              
Debt Instrument [Line Items]              
Debt instrument, prepayment (in percent) 100.00%            
Debt instrument, required prepayment subject to customary reinvestment rights $ 3,000            
New First Lien Loan | Line of Credit | Insurance Or Condemnation Proceeds              
Debt Instrument [Line Items]              
Debt instrument, prepayment (in percent) 100.00%            
New First Lien Loan | Senior Notes | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate              
Debt Instrument [Line Items]              
Interest rate margin (in percent) 6.50%   10.27%        
New First Lien Loan | Senior Notes | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate, Floor              
Debt Instrument [Line Items]              
Interest rate margin (in percent) 3.50%