XML 61 R38.htm IDEA: XBRL DOCUMENT v2.4.1.9
NOTES PAYABLE AND CREDIT FACILITY (Details) (USD $)
9 Months Ended 12 Months Ended
Dec. 31, 2014
Component
Mar. 31, 2014
Recourse notes payable with interest rates ranging from 2.24% and 4.1% at December 31, 2014 and 2.24% and 4.84% at March 31, 2014.    
Current $ 850,000plus_RecourseNotesPayableCurrent 1,460,000plus_RecourseNotesPayableCurrent
Long-term 2,926,000plus_RecourseNotesPayableNonCurrent 2,100,000plus_RecourseNotesPayableNonCurrent
Total recourse notes payable 3,776,000plus_RecourseNotesPayable 3,560,000plus_RecourseNotesPayable
Non-recourse notes payable secured by financing receivables and investments in operating leases with interest rates ranging from 2.00% to 10.00% at December 31, 2014 and ranging from 2.00% to 11.24% as of March 31, 2014.    
Current 44,290,000plus_NonrecourseNotesPayableCurrent 30,907,000plus_NonrecourseNotesPayableCurrent
Long-term 24,434,000plus_NonrecourseNotesPayableNonCurrent 34,421,000plus_NonrecourseNotesPayableNonCurrent
Total non-recourse notes payable 68,724,000plus_NonRecourseNotesPayable 65,328,000plus_NonRecourseNotesPayable
Gain on repurchase agreement 1,400,000us-gaap_GainLossOnRepurchaseOfDebtInstrument  
Period of notice required to terminate credit facility at year end 90 days  
Period of notice required to terminate credit facility at quarter end 45 days  
GECDF [Member]    
Non-recourse notes payable secured by financing receivables and investments in operating leases with interest rates ranging from 2.00% to 10.00% at December 31, 2014 and ranging from 2.00% to 11.24% as of March 31, 2014.    
Number of components under GECDF credit facility 2plus_NumberOfComponentsUnderCreditFacility
/ us-gaap_LineOfCreditFacilityAxis
= plus_GecdfMember
 
Reference rate of credit facility One Month LIBOR One Month LIBOR
Basis spread on reference rate (in hundredths) 2.50%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_LineOfCreditFacilityAxis
= plus_GecdfMember
2.50%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_LineOfCreditFacilityAxis
= plus_GecdfMember
Guarantor obligations for credit facility, maximum 10,500,000us-gaap_GuaranteeObligationsMaximumExposure
/ us-gaap_LineOfCreditFacilityAxis
= plus_GecdfMember
 
First Commonwealth Bank of Virginia [Member]    
Non-recourse notes payable secured by financing receivables and investments in operating leases with interest rates ranging from 2.00% to 10.00% at December 31, 2014 and ranging from 2.00% to 11.24% as of March 31, 2014.    
Maximum amount can be borrowed under credit facility 500,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_LineOfCreditFacilityAxis
= plus_FirstCommonwealthBankOfVirginiaMember
 
Reference rate of credit facility U.S. Prime Rate  
Basis spread on reference rate (in hundredths) 1.00%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_LineOfCreditFacilityAxis
= plus_FirstCommonwealthBankOfVirginiaMember
 
Amount outstanding under credit facility 0us-gaap_LineOfCredit
/ us-gaap_LineOfCreditFacilityAxis
= plus_FirstCommonwealthBankOfVirginiaMember
0us-gaap_LineOfCredit
/ us-gaap_LineOfCreditFacilityAxis
= plus_FirstCommonwealthBankOfVirginiaMember
Maturity date of credit facility Oct. 26, 2015  
Account receivable component [Member]    
Non-recourse notes payable secured by financing receivables and investments in operating leases with interest rates ranging from 2.00% to 10.00% at December 31, 2014 and ranging from 2.00% to 11.24% as of March 31, 2014.    
Maximum amount can be borrowed under credit facility 30,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= plus_AccountReceivableComponentMember
30,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= plus_AccountReceivableComponentMember
Amount outstanding under credit facility 0us-gaap_LineOfCredit
/ us-gaap_DebtInstrumentAxis
= plus_AccountReceivableComponentMember
0us-gaap_LineOfCredit
/ us-gaap_DebtInstrumentAxis
= plus_AccountReceivableComponentMember
Floor plan component [Member]    
Non-recourse notes payable secured by financing receivables and investments in operating leases with interest rates ranging from 2.00% to 10.00% at December 31, 2014 and ranging from 2.00% to 11.24% as of March 31, 2014.    
Maximum amount can be borrowed under credit facility 225,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= plus_FloorPlanComponentMember
175,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= plus_FloorPlanComponentMember
Amount outstanding under credit facility $ 110,600,000us-gaap_LineOfCredit
/ us-gaap_DebtInstrumentAxis
= plus_FloorPlanComponentMember
93,400,000us-gaap_LineOfCredit
/ us-gaap_DebtInstrumentAxis
= plus_FloorPlanComponentMember
Recourse Note Payable [Member]    
Non-recourse notes payable secured by financing receivables and investments in operating leases with interest rates ranging from 2.00% to 10.00% at December 31, 2014 and ranging from 2.00% to 11.24% as of March 31, 2014.    
Interest rate of notes, minimum (in hundredths) 2.24%us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum
/ us-gaap_ShortTermDebtTypeAxis
= plus_RecourseNotePayableMember
2.24%us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum
/ us-gaap_ShortTermDebtTypeAxis
= plus_RecourseNotePayableMember
Interest rate of notes, maximum (in hundredths) 4.10%us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMaximum
/ us-gaap_ShortTermDebtTypeAxis
= plus_RecourseNotePayableMember
4.84%us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMaximum
/ us-gaap_ShortTermDebtTypeAxis
= plus_RecourseNotePayableMember
Weighted average interest rate of notes (in hundredths) 3.22%us-gaap_DebtWeightedAverageInterestRate
/ us-gaap_ShortTermDebtTypeAxis
= plus_RecourseNotePayableMember
3.85%us-gaap_DebtWeightedAverageInterestRate
/ us-gaap_ShortTermDebtTypeAxis
= plus_RecourseNotePayableMember
Non-Recourse Note Payable [Member]    
Non-recourse notes payable secured by financing receivables and investments in operating leases with interest rates ranging from 2.00% to 10.00% at December 31, 2014 and ranging from 2.00% to 11.24% as of March 31, 2014.    
Interest rate of notes, minimum (in hundredths) 2.00%us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum
/ us-gaap_ShortTermDebtTypeAxis
= plus_NonRecourseNotePayableMember
2.00%us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMinimum
/ us-gaap_ShortTermDebtTypeAxis
= plus_NonRecourseNotePayableMember
Interest rate of notes, maximum (in hundredths) 10.00%us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMaximum
/ us-gaap_ShortTermDebtTypeAxis
= plus_NonRecourseNotePayableMember
11.24%us-gaap_DebtInstrumentInterestRateStatedPercentageRateRangeMaximum
/ us-gaap_ShortTermDebtTypeAxis
= plus_NonRecourseNotePayableMember
Weighted average interest rate of notes (in hundredths) 3.35%us-gaap_DebtWeightedAverageInterestRate
/ us-gaap_ShortTermDebtTypeAxis
= plus_NonRecourseNotePayableMember
3.46%us-gaap_DebtWeightedAverageInterestRate
/ us-gaap_ShortTermDebtTypeAxis
= plus_NonRecourseNotePayableMember