XML 84 R72.htm IDEA: XBRL DOCUMENT v3.21.2
Debt Obligations - Narrative (Details)
3 Months Ended 6 Months Ended
May 31, 2021
USD ($)
May 27, 2021
USD ($)
Feb. 23, 2021
USD ($)
Feb. 01, 2021
USD ($)
$ / shares
Jun. 30, 2021
USD ($)
$ / shares
Jun. 30, 2020
USD ($)
Jun. 30, 2021
USD ($)
$ / shares
Jun. 30, 2020
USD ($)
Debt Instrument [Line Items]                
Loss on extinguishment of debt         $ 1,600,000 $ 3,400,000 $ 12,400,000 $ 9,200,000
Repayments of long-term debt             $ 446,100,000 $ 154,200,000
UMB Bank | Term Loan                
Debt Instrument [Line Items]                
Face amount $ 110,000,000.0              
UMB Bank | Revolving Credit Facility                
Debt Instrument [Line Items]                
Face amount $ 110,000,000.0              
Interest rate 3.25%              
UMB Bank | Revolving Credit Facility | Prime Rate                
Debt Instrument [Line Items]                
Basis spread on variable rate 1.10%              
TWC Loan | Revolving Credit Facility                
Debt Instrument [Line Items]                
Loss on extinguishment of debt   $ 1,600,000            
8.50% Senior Secured Notes, due 2026                
Debt Instrument [Line Items]                
Interest rate       100.00%        
8.50% Senior Secured Notes, due 2026 | Non-Operating Corporate                
Debt Instrument [Line Items]                
Repayments of long-term debt       $ 330,000,000.0        
Interest rate       8.50% 8.50%   8.50%  
7.50% Convertible Senior Notes, due 2022 | Non-Operating Corporate                
Debt Instrument [Line Items]                
Face amount       $ 51,800,000        
Loss on extinguishment of debt       5,400,000        
Repayments of long-term debt       $ 55,000,000.0        
Interest rate       7.50% 7.50%   7.50%  
Amortization of (discount) premium on investments, net       $ 5,300,000        
Extinguishment of the bifurcated conversion option equity       7,700,000        
11.50% Senior Secured Notes, due 2021 | Non-Operating Corporate                
Debt Instrument [Line Items]                
Loss on extinguishment of debt       4,500,000        
Interest rate         11.50%   11.50%  
7.50% Convertible Senior Notes, due 2026                
Debt Instrument [Line Items]                
Face amount       $ 12,300,000        
Interest rate       100.00%        
Amortization of (discount) premium on investments, net             $ 800,000  
Convertible notes, conversion ratio       0.2342971        
Conversion price (in usd per share) | $ / shares       $ 4.27        
Long-term debt, gross         $ 62,200,000   62,200,000  
Unamortized premium         $ 11,400,000   $ 11,400,000  
Share price (in usd per share) | $ / shares         $ 3.98   $ 3.98  
Interest cost relating to contractual interest coupon             $ 1,600,000  
7.50% Convertible Senior Notes, due 2026 | Non-Operating Corporate                
Debt Instrument [Line Items]                
Interest rate         7.50%   7.50%  
Amortization of (discount) premium on investments, net       $ 12,300,000        
LIBOR plus 5.75% Line of Credit | Non-Operating Corporate                
Debt Instrument [Line Items]                
Basis spread on variable rate     6.75%       5.75%  
Revolving Credit Agreement | Line of Credit | Revolving Credit Facility                
Debt Instrument [Line Items]                
Face amount $ 5,000,000.0   $ 20,000,000.0          
HC2 Broadcasting Holdings, Inc | 7.50% Convertible Senior Notes, due 2026                
Debt Instrument [Line Items]                
Interest rate, effective percentage       3.21%        
Debt issuance costs       $ 1,100,000        
Minimum                
Debt Instrument [Line Items]                
Finance leases rate             2.00%  
Minimum | LIBOR plus 5.75% Line of Credit | Non-Operating Corporate                
Debt Instrument [Line Items]                
Basis spread on variable rate     5.75%          
Maximum                
Debt Instrument [Line Items]                
Finance leases rate             10.00%  
Maximum | LIBOR plus 5.75% Line of Credit | Non-Operating Corporate                
Debt Instrument [Line Items]                
Basis spread on variable rate     6.75%