XML 83 R72.htm IDEA: XBRL DOCUMENT v3.21.2
Debt Obligations - Narrative (Details)
1 Months Ended 3 Months Ended 9 Months Ended
Aug. 30, 2021
USD ($)
Feb. 23, 2021
USD ($)
Feb. 01, 2021
USD ($)
$ / shares
May 31, 2021
USD ($)
Sep. 30, 2021
USD ($)
$ / shares
Sep. 30, 2020
USD ($)
Sep. 30, 2021
USD ($)
$ / shares
Sep. 30, 2020
USD ($)
Debt Instrument [Line Items]                
Loss on extinguishment of debt         $ 100,000 $ 0 $ 12,500,000 $ 9,200,000
Repayments of long-term debt             454,800,000 155,300,000
Amortization of discount (premium) on investments, net             $ 0 $ (100,000)
DTV America’s Secured Notes | Sellers' Notes                
Debt Instrument [Line Items]                
Repurchased outstanding notes payable $ 1,000,000              
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]                
Interest rate     8.50%   8.50%   8.50%  
Repayments of long-term debt     $ 330,000,000          
7.50% Convertible Senior Notes, due 2022 | Non-Operating Corporate                
Debt Instrument [Line Items]                
Face amount     $ 51,800,000          
Interest rate     7.50%   7.50%   7.50%  
Loss on extinguishment of debt     $ 5,400,000          
Repayments of long-term debt     55,000,000          
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]                
Interest rate         11.50%   11.50%  
Loss on extinguishment of debt     4,500,000          
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             $ (1,300,000)  
Convertible notes, conversion ratio     0.2342971          
Conversion price (in usd per share) | $ / shares     $ 4.27          
Long-term debt, gross         $ 61,700,000   61,700,000  
Unamortized premium         $ 10,900,000   $ 10,900,000  
Share price (in usd per share) | $ / shares         $ 4.10   $ 4.10  
Interest cost relating to contractual interest coupon             $ 2,600,000  
7.50% Convertible Senior Notes, due 2026 | HC2 Broadcasting Holdings, Inc                
Debt Instrument [Line Items]                
Interest rate, effective percentage     3.21%          
Debt issuance costs     $ 1,100,000          
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%  
Term Loan | UMB Bank                
Debt Instrument [Line Items]                
Face amount       $ 110,000,000        
Revolving Credit Facility | Revolving Credit Agreement | Line of Credit                
Debt Instrument [Line Items]                
Face amount   $ 20,000,000   5,000,000        
Revolving Credit Facility | UMB Bank                
Debt Instrument [Line Items]                
Face amount       $ 110,000,000        
Interest rate       3.25%        
Revolving Credit Facility | UMB Bank | Prime Rate                
Debt Instrument [Line Items]                
Basis spread on variable rate       1.10%        
Revolving Credit Facility | TWC Loan                
Debt Instrument [Line Items]                
Loss on extinguishment of debt       $ 1,500,000        
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%