XML 27 R44.htm IDEA: XBRL DOCUMENT v2.4.0.6
DISCONTINUED OPERATIONS (Details 12) (LendingTree Loans, Discontinued operations, USD $)
In Millions, unless otherwise specified
6 Months Ended 1 Months Ended 6 Months Ended 1 Months Ended 1 Months Ended 1 Months Ended 1 Months Ended 6 Months Ended 6 Months Ended 1 Months Ended 6 Months Ended 1 Months Ended
Jun. 30, 2012
CreditFacility
Jul. 31, 2012
Warehouse lines of credit
CreditFacility
Jun. 30, 2012
Warehouse lines of credit
Dec. 31, 2011
Warehouse lines of credit
Jun. 30, 2012
Committed warehouse lines of credit
CreditFacility
Jun. 30, 2012
First warehouse line
Jul. 21, 2012
First warehouse line
Jul. 31, 2012
First warehouse line
Loans not being sold to lender
Jul. 21, 2012
First warehouse line
Loans not being sold to lender
Jul. 31, 2012
First warehouse line
Minimum
Loans being sold to lender
Jul. 21, 2012
First warehouse line
Minimum
Loans being sold to lender
Jul. 31, 2012
First warehouse line
Maximum
Loans being sold to lender
Jul. 21, 2012
First warehouse line
Maximum
Loans being sold to lender
Jun. 30, 2012
Uncommitted line of credit facility
CreditFacility
Jul. 31, 2012
Second warehouse line
Jun. 30, 2012
Second warehouse line
Jul. 21, 2012
Second warehouse line
Jun. 30, 2012
Third warehouse line
Jul. 21, 2012
Third warehouse line
Jul. 31, 2012
Third warehouse line
Minimum
Jun. 30, 2012
Third warehouse line
Minimum
CreditFacility
Jul. 21, 2012
Third warehouse line
Minimum
Jul. 31, 2012
Third warehouse line
Maximum
Jul. 21, 2012
Third warehouse line
Maximum
Warehouse Lines of Credit                                                
Outstanding borrowings     $ 0.3 $ 197.7                                        
Number of lines of credit         2                 1                    
Borrowing capacity         325.0   125.0                   100.0   100.0          
Number of lines of credit expired   3                                            
Expiration period after the closing of the asset purchase agreement           45 days                   45 days   45 days            
Variable interest rate basis               Greater of 30-day adjusted LIBOR or 2.0%   Greater of 30-day adjusted LIBOR or 2.0%   Greater of 30-day adjusted LIBOR or 2.0%     30-day LIBOR         Overnight interest rate     Overnight interest rate  
Minimum LIBOR interest rate (as a percent)                     2.00%   2.00%                 2.00%   2.00%
Margin add to variable interest rate (as a percent)                 1.50%   1.50%   1.75%       3.25%         3.25%   3.75%
Number of line of credit restricting dividend payments 2                                              
Minimum tangible net worth required to maintain as per financial and other covenants                           $ 25.0   $ 25.0   $ 20.0            
Percentage of the positive quarterly net income added to the minimum tangible net worth under the covenants                                   50.00%            
Period prior to date of determination for minimum tangible net worth under the covenants                                   3 months            
Number of additional warehouse line                                         1