XML 94 R81.htm IDEA: XBRL DOCUMENT v3.21.1
Credit facilities (Details Narrative)
$ / shares in Units, shares in Thousands, $ in Thousands
 12 Months Ended
Jun. 29, 2020
CAD ($)
Mar. 05, 2020
CAD ($)
$ / shares
shares
Feb. 28, 2020
CAD ($)
Dec. 31, 2020
CAD ($)
Dec. 31, 2019
CAD ($)
CreditFacility
Dec. 31, 2018
CAD ($)
Disclosure Of Financial Instruments [Line Items]            
Number of credit facilities | CreditFacility         2  
Cash and cash equivalent       $ 12,119 $ 10,417  
Loans receivable       $ 47,227 $ 88,655  
Liquid Loan Portfolio [Member] | Mogo Shareholders [Member]            
Disclosure Of Financial Instruments [Line Items]            
Principal outstanding balance     $ 28,683      
Prepayment penalty     2,500      
Description for prepayment penalty       Mogo recognized a prepayment penalty of $2,500 of which $1,500 was payable in cash and of which $1,000 was settled in shares on March 5, 2020, through the issuance of 306,842 common shares, priced at $3.259 per share.    
Prepayment penalty payable in cash     $ 1,500      
Prepayment penalty settled in shares   $ 1,000        
Issuance of common shares | shares   306,842        
Price per shares | $ / shares   $ 3.259        
Credit Facility - Other [Member]            
Disclosure Of Financial Instruments [Line Items]            
Description for interest rate       The amendments lowered the effective interest rate from a maximum of LIBOR plus 12.5% (with a LIBOR floor of 2%) to LIBOR plus 9% (with a LIBOR floor of 1.5%) effective July 2, 2020, payable on the greater of the actual aggregate unpaid principal balance, or the prescribed minimum balance under the term loan agreement.    
LIBOR         9.00% 12.50%
LIBOR floor rate         1.50% 2.00%
Amendment description       the amendment increased the available loan capital from $50 million to $60 million and extended the maturity date of the facility by two years from July 2, 2020 to July 2, 2022    
Line of credit facility maximum borrowing capacity $ 50,000       $ 60,000 $ 50,000
Credit facility, maturity date         Jul. 02, 2022 Jul. 02, 2020
Description for fee payable under facility       There is a 0.33% fee on the available but undrawn portion of the $50 million facility.    
Rate of fee on available but undrawn portion facility 0.33%          
Undrawn portion under credit facility $ 50,000          
Cash and cash equivalent       $ 892 $ 5,050  
Loans receivable       $ 47,227 $ 88,655