XML 31 R43.htm IDEA: XBRL DOCUMENT v2.4.1.9
Borrowings - Convertible Senior Notes (Details) (USD $)
0 Months Ended 3 Months Ended
Aug. 13, 2013
Mar. 31, 2015
Dec. 31, 2014
Debt Instrument [Line Items]      
Minimum average share price triggering dilutive effect (usd per share)   $ 65.72praa_AverageSharePriceConversionSpreadMinimumAveragePriceTriggeringDilutiveEffect  
Convertible debt, estimated fair value   $ 310,230,000us-gaap_ConvertibleDebtFairValueDisclosures $ 324,757,000us-gaap_ConvertibleDebtFairValueDisclosures
Convertible Senior Notes [Member]      
Debt Instrument [Line Items]      
Face amount 287,500,000.000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
287,500,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
287,500,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
Stated percentage 3.00%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
3.00%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
 
Redemption price 100.00%us-gaap_DebtInstrumentRedemptionPricePercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
   
Conversion ratio 15.2172us-gaap_DebtInstrumentConvertibleConversionRatio1
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
   
Minimum average share price triggering dilutive effect (usd per share) $ 65.72praa_AverageSharePriceConversionSpreadMinimumAveragePriceTriggeringDilutiveEffect
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
$ 65.72praa_AverageSharePriceConversionSpreadMinimumAveragePriceTriggeringDilutiveEffect
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
 
Convertible debt, estimated fair value 255,300,000us-gaap_ConvertibleDebtFairValueDisclosures
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
   
Carrying amount of convertible debt 32,200,000us-gaap_DebtInstrumentConvertibleCarryingAmountOfTheEquityComponent
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
31,306,000us-gaap_DebtInstrumentConvertibleCarryingAmountOfTheEquityComponent
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
31,306,000us-gaap_DebtInstrumentConvertibleCarryingAmountOfTheEquityComponent
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
Debt Issuance Cost 7,300,000us-gaap_DebtIssuanceCosts
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
   
Equity and debt issuance costs 8,200,000praa_DebtandEquityIssuanceCosts
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
   
Equity Issuance Costs $ 900,000praa_EquityIssuanceCosts
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember
   
Interest rate at period end   4.92%us-gaap_DebtInstrumentInterestRateEffectivePercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_ConvertibleDebtMember